Economy Tag

Mortgage Demand Keeps Falling But Rates Hit 6%, First Time Since 2008

Posted by Mary Chastain on September 14, 2022 8 Comments

The Fed will likely worsen the situation next week if it hikes interest rates, but what else is new?...

Inflation: ‘Food at Home Index Rose 13.5 Percent Over the Last 12 Months, the Largest 12-Month Increase Since the Period Ending March 1979’

Posted by Mary Chastain on September 13, 2022 27 Comments

Gas went down, but electric services at home increased 2.1%....

California Eco-Activist Group Red-Lists Maine Lobster

Posted by Leslie Eastman on September 12, 2022 53 Comments

Maine other US Senator, Angus King, dismisses Monterey Aquarium (home of "Seafood Watch") as ...

Visa, Mastercard, AmEx Categorizing Gun Sales in New Merchant Category

Posted by Mary Chastain on September 12, 2022 103 Comments

Democrats, including Sen. Warren, pressured the three payment processors to do this, calling it “an important step towards ending financial system support for gun trafficking, gun violence, and domestic terrorism.”...

Hulu Cuts Maternity and Paternity Leave as Parent Company Disney Pays for Abortion Travel Costs

Posted by Mary Chastain on September 04, 2022 17 Comments

The culture of death is growing strong....

Treasury Secretary Janet Yellen to Take Month-Long Economic Victory Lap

Posted by Mike LaChance on September 03, 2022 46 Comments

Joe Biden's Treasury Secretary Janet Yellen is apparently preparing to embark on a month-long tour to praise the economic policies of the Biden administration. That will do little to reassure the millions of Americans who are still struggling to pay for food and fuel.

Avian Flu Sweeps Through Poultry Farms in Minnesota and Indiana

Posted by Leslie Eastman on September 01, 2022 20 Comments

H5N1 appears to have evolved to be more transmissible. Researchers fear it is here to stay, and could devastate the poultry industry....

Carbon Dioxide Shortage Impacting Beer Industry Production

Posted by Leslie Eastman on August 26, 2022 40 Comments

Pools, industries shipping perishables, and laboratories also impacted....

Poll Finds Voters Blame Biden and Dems for Recession, Despite White House Spin

Posted by Mike LaChance on August 05, 2022 20 Comments

Despite the best efforts of the Biden administration to redefine recession, the American people aren't buying it. According to new polling from Rasmussen, voters blame Biden and Democrats for the recession, which is actually happening.

CNN’s Ratings and Profitability in Major Decline

Posted by Mike LaChance on August 03, 2022 28 Comments

CNN's new chairman Chris Licht is desperately reaching out to disinterested Republicans, and it's easy to understand why. The network is losing ratings and the advertising dollars that come with them at an alarming rate.

More Consumers Shopping at Dollar Stores as Confidence in the Economy Shrinks

Posted by Mary Chastain on August 01, 2022 25 Comments

More people are cutting down on name-brand items, too....

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:

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Economy Tag

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