Economy Tag

Surprise: Misleadingly-Named “Inflation Reduction Act” Will Raise Taxes Even On The Middle Class

Posted by Mike LaChance on July 31, 2022 27 Comments

Joe Biden has repeatedly claimed that under his plans, no one making under $400,000 would pay any increase in taxes. That may not be entirely accurate.

House Passes ‘Assault Weapons Ban’ as Americans Struggle With Recession

Posted by Mike LaChance on July 30, 2022 28 Comments

In a week where we learned the country is in a recession and millions of Americans are still struggling with inflation, Congress came together to curb the rights of law abiding citizens. On a mostly party-line vote, the House has passed an assault weapons ban. Two Republicans voted yes and five Democrats voted no.

https://twitter.com/RiegerReport/status/1224449680655802368?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1224449680655802368&ref_url=https%3A%2F%2Flegalinsurrection.com%2F2020%2F02%2Flive-trumps-team-house-managers-give-final-closing-arguments-followed-by-floor-speeches%2F

Manchin, Schumer Agree on Bloated Economic and Climate Bill

Posted by Mary Chastain on July 27, 2022 61 Comments

The "Inflation Reduction Act of 2022" will definitely NOT reduce inflation. Raising taxes on job creators and spending a ton more money is not the way to do it....

A Growing Number of Americans Are Starting to Doubt the Value of Going to College

Posted by Mike LaChance on July 27, 2022 4 Comments

"The share of Americans who believe colleges and universities have a positive impact on the country has dropped by 14 percentage points since 2020."...

New York Times Economist Paul Krugman Admits He Was Wrong About Inflation

Posted by Mike LaChance on July 22, 2022 45 Comments

Liberal New York Times economist Paul Krugman has apparently figured out that he was wrong about inflation. He shouldn't feel too badly about it. He has plenty of company, within the Biden administration alone.

Independent Truckers Protesting New Labor Law Shut Down Port of Oakland

Posted by Mary Chastain on July 21, 2022 21 Comments

Many protesters are immigrants, making decent money for their families back home....

Citing Safety Issues, Woke Starbucks Closing 16 Stores in Dem-Run Cities, Says There Will ‘Be Many More’

Posted by Stacey Matthews on July 15, 2022 46 Comments

Not only is Starbucks known worldwide for its coffee, but it's also known here in America for being "woke," as evidenced by its publicly stated support for the violent Black Lives Matter "protests" that wreaked havoc on Democrat-run cities across America during the George Floyd demonstrations:

Looming Rail Labor Strike To Further Stress America’s Reeling Supply Chain

Posted by Leslie Eastman on July 13, 2022 34 Comments

Railroad union members vote 99.5% to authorize a July 18 nationwide strike....

‘Inflation is Heating Up’: CPI Hit 9.1% in June, Highest Rate in 41 Years

Posted by Mary Chastain on July 13, 2022 54 Comments

“Though CPI’s spike is led by energy and food prices, which are largely global problems, prices continue to mount for domestic goods and services, from shelter to autos to apparel.”...

Biden Admin Shipping U.S. Oil Reserves Overseas as Americans Struggle at the Pump

Posted by Mike LaChance on July 06, 2022 23 Comments

At a time when millions of Americans are struggling to pay historically high gas prices, our government is shipping millions of barrels of oil from our strategic reserves to other countries. It's hard to imagine a decision that's more indefensible and tone-deaf.

Red States Have Recovered Faster After COVID Pandemic Than Blue States

Posted by Mary Chastain on July 05, 2022 11 Comments

"Remote work allowed many workers to move to red states, not because of political preferences, but for financial and lifestyle reasons—cheaper housing, better weather, less traffic and lower taxes."...

Experts Say “Couple Months” Before Baby Formula Stock Rates Improve

Posted by Leslie Eastman on July 01, 2022 18 Comments

The baby formula shortage continues despite the lack of media attention. Current estimates are for shelves to be full again by the end of August or early September...

Poll: Majority of Americans Believe Country is on Wrong Track, Including 78% of Democrats

Posted by Mike LaChance on June 30, 2022 48 Comments

A new and devastating poll for Joe Biden dropped this week, indicating that most Americans believe the country is on the wrong track. We could probably cite a bad poll for Biden on a near-daily basis, but this one is significant for what it shows about members of Biden's party.

https://www.youtube.com/watch?v=cV1cklmk6n0&feature=youtu.be

Chemical Shortages Affecting U.S. Farms Described as ‘Off the Charts”

Posted by Leslie Eastman on June 29, 2022 37 Comments

A disturbing report by Reuters, featuring interviews with more than a dozen chemical dealers, manufacturers, farmers, and weed specialists, indicates chemical shortages have disrupted U.S. growers' production strategies and points to reduced harvests this season.

https://www.youtube.com/watch?time_continue=2&v=b6BuOt8X1MY

More Than One Million Voters Have Switched From Democrat to Republican Over the Last Year

Posted by Mike LaChance on June 28, 2022 25 Comments

An analysis of voter registration data by the Associated Press has found that over a million voters have switched from Democrat to Republican over the last year. If the report is accurate, this is not as much an embrace of the right as it is a rejection of the left.

Washington Post Finance Columnist Scolds Americans for Complaining About Inflation

Posted by Mike LaChance on June 23, 2022 43 Comments

Washington Post finance columnist Michelle Singletary wants Americans to know that despite record-high gasoline and food prices, things aren't really as bad as you might think. During an appearance on MSNBC yesterday, she said that people need to stop complaining and realize there are plenty of people who are doing very well.

Air Travel Nightmare Continues: Southwest Airlines Pilots Protest ‘Company’s Antiquated and Inefficient Scheduling Practices’

Posted by Leslie Eastman on June 23, 2022 13 Comments

It appears air travel Armageddon is here to stay...

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Economy Tag

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