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Keyword: economic

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  • Biden Adviser Landrieu on Negative Economic Projections: ‘We Don’t Need Expectations’ Because We Have Good Numbers Now

    06/03/2022 6:19:09 PM PDT · by ChicagoConservative27 · 27 replies
    Breitbart ^ | 06/03/2022 | Ian hatchett
    On Friday’s “CNN Newsroom,” White House Senior Adviser and Infrastructure Implementation Coordinator Mitch Landrieu responded to concerns about the economy from people like Larry Summers, Jamie Dimon, and Elon Musk by stating that “We don’t need expectations.” Because current numbers are good. He added that while inflation is a challenge, “the president’s economic policies have put us in a very strong position to move through this very difficult time.”
  • WH Economic Adviser Rouse: We Misjudged Inflation Because Thinking ‘Was Tied to the Pandemic’ – We’re ‘Still in the Midst of’ Pandemic

    05/31/2022 12:15:03 PM PDT · by ChicagoConservative27 · 44 replies
    Breitbart ^ | 05/31/2022 | Ian hatchett
    On Tuesday’s broadcast of “CNN Newsroom,” White House Council of Economic Advisers chair Cecilia Rouse stated that the White House incorrectly predicted inflation wouldn’t be a long-term issue because “what we understood about inflation at the time was it was tied to the pandemic. We are still in the midst of this pandemic.” And because Russia’s invasion of Ukraine has caused economic problems. After playing clips of President Joe Biden in 2021 predicting inflation would be temporary and Federal Reserve Chair Jerome Powell predicting that inflation wouldn’t rise to major levels, co-host Victor Blackwell asked, “Those expectations, clearly wrong. Does...
  • 12 Nightmarish Economic Trends That We Should Expect To See During The 2nd Half Of 2022

    05/20/2022 2:30:36 PM PDT · by blam · 79 replies
    Zubu Brothers ^ | 5-20-2022 | el Snyder via TheMostImportantNews.com
    If you thought that the economic news was crazy during the first half of 2022, just wait until we get to the second half. So many of the problems that we are experiencing now are going to continue to intensify, and Americans are becoming more pessimistic about economic conditions with each passing day. In fact, as you will see below, a whopping 85 percent of us believe that it is “very likely” or “somewhat likely” that the economy will go through a recession at some point during the next year. Of course the truth is that if all we have...
  • We Are In An Undeclared Global Economic War, And Worldwide Famine Is Coming

    05/20/2022 1:06:21 PM PDT · by blam · 43 replies
    Zubo Brpthers ^ | 5-20-2022
    How Dare YouMarkets whipsawed yesterday after bad US initial jobless claims and Philly Fed data, with stocks down and bond yields also lower, as was the US dollar. Commodities were a mixed picture, however, and oil prices rose around 5% again from its intra-day low to close over $111. Referring again to a bond yields/commodities matrix, that suggested the Fed falling behind the curve, not getting ahead of it, in crushing demand to fit restrained supply. Lo and behold, we then got the headline, ‘Fed’s George Says ‘Rough’ Market Won’t Alter Fed Tightening Plan’. So, how far down can bond...
  • W.H. Economic Adviser Rouse: Inflation ‘The Consequence of Mounting an Effective Response to the Pandemic’

    05/10/2022 4:28:34 PM PDT · by ChicagoConservative27 · 10 replies
    Breitbart ^ | 05/10/2022 | Ian hatchett
    On Tuesday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers Chair Cecilia Rouse stated that inflation “has been the consequence of mounting an effective response to the pandemic.” Co-host Brianna Keilar asked, “I wonder, looking back, were Larry Summers and Joe Manchin right about spending and inflation?”
  • We could be staring at global depression unless world leaders negotiate, warns expert

    05/09/2022 5:59:55 PM PDT · by RomanSoldier19 · 20 replies
    sinar daily ^ | 5/9/2022 | SITI NURFATIHAH PIRDAUS
    HAH ALAM - An economic expert has warned some countries may face hyperinflation or out-of-control inflation where price of goods and services rise at an annual rate of 1,000 percent or more and urged for more discussions and negotaions are needed over the issue. Universiti Malaya Asia-Europe Institute Economic Professor Datuk Prof Dr Rajah Rasiah said this could lead to economic depression unless world leaders address the issues. “What we are facing now, in some countries, is that inflation is already here. “The stagnation would lead to rising unemployment and hyperinflation,” he said during Wacana English Edition on May 9....
  • W.H. Economic Adviser Bernstein: Europe’s Inflation, Which Isn’t as High as Ours, Shows Spending Isn’t to Blame for Inflation

    05/05/2022 4:46:02 PM PDT · by ChicagoConservative27 · 13 replies
    Breitbart ^ | 05/05/2022 | Ian hatchett
    On Thursday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers member Jared Bernstein argued that inflation numbers in Europe, which are “not quite as high as ours,” undercut the argument that “somehow U.S. spending was responsible” for inflation. Co-host Brianna Keilar asked, “We’re looking at some of the numbers here of the increase in costs for certain items, items that people cannot avoid purchasing. Was Joe Manchin right about the impact of spending under this administration on inflation?”
  • Axios reporter says Biden's economic accomplishments are 'largely irrelevant' amid high inflation, gas prices

    04/03/2022 5:21:44 PM PDT · by ChicagoConservative27 · 19 replies
    Fox news ^ | 04/03/2022 | Hanna Panreck
    Axios reporter Hans Nichols said Sunday on CNN's "Inside Politics" that President Biden's economic accomplishments were "largely irrelevant" with inflation at a 40-year-high and increased gas prices occurring nationwide. Nichols, Politico White House correspondent Laura Barrón-López and CNN White House correspondent Kaitlin Collins joined host Abby Philips to discuss Biden's economy. The president touted his accomplishments during a speech, Friday, about the most recent jobs report, which saw that the economy created 431,000 jobs in March. Philips also noted an NBC poll that found enthusiasm for Republicans heading into the midterms was at 67%, compared to 50% for Democrats.
  • On Russia, Biden should learn from Reagan how economic warfare is done

    03/09/2022 6:31:40 PM PST · by ChicagoConservative27 · 11 replies
    Nypost ^ | 03/09/2022 | STEVEN F. HAYWARD
    With economic sanctions unfolding against Russia over its invasion of Ukraine, it’s useful to recall one of the climactic moments near the end of the Cold War — the dramatic weekend summit between President Ronald Reagan and Soviet Premier Mikhail Gorbachev. This October 1986 meeting, held in Reykjavík, is remembered for nearly producing a deal to eliminate strategic nuclear weapons, but it collapsed at the last moment when Reagan refused to bargain away his missile defense initiative. But another aspect of the affair reveals a key defect in the Biden administration’s handling of the current crisis.
  • Does the spike in oil prices presage an economic downturn?

    03/08/2022 12:34:36 PM PST · by ChicagoConservative27 · 31 replies
    The hill ^ | 03/08/2022 | VIVEKANAND JAYAKUMAR
    The threat of further sanctions on Russia has caused global crude oil prices to surge. U.S. business cycle history suggests that a sharp spike in oil prices may portend a recession. That the Federal Reserve missed the window of opportunity last year to painlessly remove monetary accommodation and initiate monetary tightening has made the current situation particularly dicey. With inflation rates already at 40-year highs, and yet to peak, a stagflationary outcome is hard to rule out.
  • Commodity Catastrophe! The Ukraine Conflict Has Thrown Global Markets Into A State Of Complete And Utter Chaos

    03/07/2022 7:26:25 PM PST · by E. Pluribus Unum · 42 replies
    Conservative Playbook ^ | March 7, 2022 | Michael Snyder
    There are some people out there that thought that global financial markets would be largely unaffected by the war in Ukraine. Those people were wrong. This week, investors have received a very rude wake up call. Stock prices are plunging, commodity prices are going completely nuts, and a very thick cloud of fear has descended upon Wall Street. The fact that this war has permanently changed economic and financial conditions is starting to sink in, and it is likely that the level of panic will continue to rise in the days ahead. At this point, even average people on the...
  • Barbra Streisand: ‘Joe Biden’s Economic Record in His First Year Is the Best in 40 years’

    01/01/2022 10:18:38 AM PST · by ChicagoConservative27 · 117 replies
    Breitbart ^ | 01/01/2022 | Warner Todd Huston
    To cap off another year of pushing falshoods and half-truths, left-wing Hollywood actress-singer Barbra Streisand insisted that Joe Biden’s economic record is the “best in 40 years.” Streisand jumped to her Twitter account to lay this gem on her fans: “Joe Biden’s economic record in his first year is the best in 40 years. The media largely ignores this.”
  • Biden: I Have the ‘Strongest First-Year Economic Track Record’ of Any Recent President

    12/30/2021 2:32:34 PM PST · by ChicagoConservative27 · 122 replies
    Breitbart ^ | 12/30/2021 | Paul Bois
    President Joe Biden declared on Wednesday that despite record inflation and a record trade deficit, he has the “strongest first-year economic track record of any president in the last 50 years.” “We’re ending 2021 with what one analyst described as the strongest first-year economic track record of any president in the last 50 years,” the president tweeted, adding, “Let’s keep the progress going”:
  • The Great Supply Chain Collapse

    12/19/2021 4:45:03 PM PST · by RomanSoldier19 · 44 replies
    https://dailyreckoning.com/ ^ | DECEMBER 13, 2021 | BY JAMES RICKARDS
    What’s at the root of the supply chain breakdown? That’s a critical question but the answer is almost irrelevant. The supply chain is a complex dynamic system of immense scale. It is of a complexity comparable to the climate as a system. This means that exact cause and effect cannot be computed because the processing power needed exceeds the combined processing power of every computer in the world. Most people have some notion of how supply chains work, but few understand how extensive, complex and vulnerable they are. If you go to the store to buy a loaf of bread,...
  • Report: Biden White House Begs Establishment Media For Positive Economic Coverage

    12/07/2021 9:12:26 AM PST · by ChicagoConservative27 · 38 replies
    Breitbart ^ | 12/07/2021 | Wendell Husebo
    The White House is sending out its operatives to push the establishment media into presenting the Biden administration’s frightful economic news more positively, CNN’s Brian Stelter and Oliver Darcy reported Monday. Joe Biden, the presidential candidate who benefitted from the establishment media and Twitter censoring negative news about, is now reportedly asking top lieutenants at CNN to “reshape” economic news to be more favorable.
  • ABC's 'Good Morning America' guest worries omicron variant could hurt Biden's economic 'progress'

    11/28/2021 3:58:53 PM PST · by ChicagoConservative27 · 35 replies
    Fox news ^ | 11/28/2021 | Lindsay Kornick
    A guest on ABC’s "Good Morning America" posed concerns over how the omicron variant of the coronavirus could affect President Biden’s economic record. ABC congressional correspondent Rachel Scott filled in as the anchor for the morning show on Sunday when she spoke with deputy political director Averi Harper on the emergence of this new variant. Namely, Scott asked what kind of challenge the omicron variant posed to Biden.
  • BUDGET PISTOLS BUILT LIKE TANKS: MEET THE CANIK TP9 SERIES

    11/27/2021 11:11:50 AM PST · by Bratch · 50 replies
    Guns.com ^ | May 24, 2021 | JOHN GRÜNER
    BUDGET PISTOLS BUILT LIKE TANKS: MEET THE CANIK TP9 SERIESYouTube video reviewIt can be hard to stand out in the crowd of modern “Wonder Nine” pistols. The market is saturated with polymer-framed 9mm handguns. But while all the major gun manufacturers were throwing elbows to claw out some space for their own big-name brands, Canik swept onto the scene with a surprisingly affordable – and shootable – line of pistols.In 2012, the Turkish company partnered with Century Arms to get their TP-series guns into the American market. The original TP9 borrowed generously from the Walther P99, but that has ballooned...
  • Economic growth rate slows to 2 percent as delta derails recovery

    10/28/2021 7:15:49 AM PDT · by ChicagoConservative27 · 28 replies
    The Hill ^ | 10/28/2021 | Sylvan Lane
    Economic growth slowed sharply between July and September as the emergence of the delta variant derailed the recovery from the coronavirus recession, according to data released Thursday by the Commerce Department. U.S. gross domestic product (GDP) grew at an annualized rate of 2 percent in the third quarter, according to the Census Bureau’s first estimate. The economy grew at a 6.7 percent yearly pace in the second quarter of 2021, marking a sharp slowdown as the delta surge began. “The increase in third quarter GDP reflected the continued economic impact of the COVID-19 pandemic. A resurgence of COVID-19 cases resulted...
  • China's aluminium industry becomes victim of Jinping's arrogance (You Tube video)

    09/23/2021 7:08:25 AM PDT · by CIB-173RDABN · 8 replies
    TFIglobal ^ | Sept 22, 2021 | TFIglobal
    China is the biggest consumer of aluminium in the world and accounts for 60 percent of the global consumption. Interestingly, China is also the biggest producer of the base metal and has been able to manage its aluminium consumption till now. Watch the video to know more.
  • WAYNE ROOT: SUICIDE: How Vaccine Passports Will Cause the Economic Collapse of America

    08/23/2021 1:18:41 PM PDT · by Enlightened1 · 126 replies
    GP ^ | 08/23/21 | Wayne Allyn Root
    Call this suicide by Democrat. We have suicide bombers in the White House. We have suicide bombers in our Governor’s mansions. Worst of all, we have suicide bombers directing the US economy. This is the Titanic. This is the Hindenburg. We are headed for disaster. Vaccine passports will lead to the destruction of capitalism and the US economy. Goodbye small business. Goodbye middle class. New York City now demands vaccine passports to go into any restaurant, bar, nightclub, gym, even retail stores. Los Angeles followed suit. So did San Francisco and New Orleans. How many more will follow? Las Vegas,...