The government announced Wednesday morning that inflation rose 0.4% in March, part of a 3.5% increase on an annual basis. The rise, which clearly means that inflation is not subsiding, took some big media outlets by surprise. The New York Times said the increase in prices was “unexpectedly sharp.” The Washington Post called it “hotter […]
Tag: economy
Economy, abortion no longer #1 issue for voters
The economy has always been the top issue at the ballot box for 65-year-old Garfield Cousins. But this year Cousins, an independent voter in an Atlanta suburb, said the sustained surge of migrants at the southern border will for the first time drive his decision in a presidential election. While illegal border crossings have repeatedly […]
California’s economy is a “Hot Mess”
California’s economy has been increasingly struggling over the past several years as regulations, high taxes and poor governance have dampened business opportunities and sent citizens running, according to experts who spoke to the Daily Caller News Foundation. The unemployment rate in California jumped to 5.3% in February, the highest out of any state and Washington, […]
Trump says he hopes economy will crash soon
ormer President Trump said in an interview that aired Monday that he predicts the U.S. economy will crash and that he hopes it does so within the next year. In the interview with Lou Dobbs, Trump, the current front-runner in the GOP presidential primary race, explained that, if he were elected again, he would not […]
Biden to media “start reporting economy right”
President Biden criticized news coverage of the U.S. economy as he faces growing backlash from voters over his handling of inflation. In brief remarks Saturday before boarding the presidential helicopter, Biden expressed confidence in the economy and ripped the reporters for the way it has been portrayed. “All good. Take a look. Start reporting it […]
Black & Latino voters don’t trust Biden economy
Of all the difficult questions Democrats face ahead of 2024, two storylines are particularly confounding. The first is the economy: Most Americans are still pretty pissed about its state, even though economists can point to plenty of positive indicators. And the second is in the polling: Joe Biden continues to underperform among Black and Latino […]
Homelessness in US hit a new high in 2022
Homelessness in America spiked last year, reaching a record high, according to an annual count that provides a snapshot of one night in January. The report, released today by the department of Housing and Urban development, found more than 650,000 people were living in shelters or outside in tents or cars. That’s up a whopping […]
The economy is Biden’s #1 trouble spot
The economy’s good. The economy’s bad. It depends on who you ask — and increasingly which party is in the White House when you ask. It was yet another strong jobs report Friday, exceeding expectations. Almost 200,000 jobs were created last month and unemployment dropped to 3.7%, which is near full employment. People are also […]
Say goodbye to “Bidenomics”
House Democrats are not fans of “Bidenomics,” the term used to describe President Joe Biden’s economic policy, despite a major push by the White House this year. Both behind the scenes and in public, congressional Democrats are looking to drop the term in favor of a different way of pitching the president’s economic agenda, according […]
America isn’t buying “Bidenomics”
The American economy continues to stumble along, doing better than expected at the macro level, while hurting working Americans at the micro level. Inflation continues to loom large, despite October’s numbers beating Wall Street’s expectations; interest rates are at near record high levels, the housing market is a trainwreck, and credit card debt is at […]
Is Bidenomics for real? Or are we being fooled?
President Joe Biden is frustrated. Unemployment has fallen to a healthy 3.6%, the economy is growing at a decent 2.4% rate, and inflation has fallen to 3%. And yet despite all this good economic news, the vast majority of voters rate the economy as poor and blame Biden for its sorry state. What gives? One […]
‘Gray Divorce’ a growing epidemic in America
Edith Heyck didn’t expect she’d be 72 years old and living alone. “I always thought I’d be married,” she says. “I was definitely raised to be a wife, and I never imagined I’d be on my own.” Heyck, an artist and part-time park manager in Newburyport, Massachusetts, is one of nearly 38 million adults living […]