Bidenflation’s Ghost Will Keep Haunting the American Economy
April 28, 2025 No Comments
America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.
America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.
America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.
Biden defended his administration on criticism over inflation and slow wage growth.
Democrats still refuse to admit that their policies caused inflation—and cost them the election.
Voters understood the failure, and Democrats anxious to rebuild trust would be wise to reflect on it.
Swing voters say they don’t know enough about Kamala Harris’s economic plans. Voila, her campaign on Wednesday released an 82-page “New Way Forward” document. Did her campaign ask ChatGPT to describe her progressive policies in moderate rhetoric using the verbiage of free-market economists?
On the latest episode of “The Tony Kinnett Cast,” we examine the colossal failure of Bidenomics and his proposed sequel to make things worse as another month of employment statistics warn of a looming recession in the middle of a presidential election year. Is an interest rate drop enough to save the stock market this fall?
Wall Street is chattering about recession again, and this week there’s evidence to back up the worry: bad economic data, a plunge in equities and the dispiriting Presidential campaign. Who to blame may preoccupy the election season.
In the last several years, the jobs report has proved to be one of the more interesting statistical releases from the Bureau of Labor Statistics (BLS). Reading it is a bit like playing a shell game at the county fair. You know the bean is under one of the shells but they move around so quickly that it is hard to find.
Federal Reserve officials warned at the June policy meeting that if inflation remained elevated or continued to rise, policymakers might need to raise interest rates, according to minutes from the meeting released on Wednesday.
“78% of consumers view fast food as a luxury because it’s become increasingly expensive,” reports Lending Tree. “Additionally, half of Americans say they view fast food as a luxury because they’re struggling financially”
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