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The honeymoon is over. Economic confidence slipped back into negative territory, according to survey data released by Gallup on Monday. Gallup’s Economic Confidence Index dropped to -7, down from +2 in April and back to the level registered in March. Gallup said the recent shifts in confidence “may reflect public reaction to a stronger-than-anticipated jobs report in April, followed by a weaker-than-expected report in May.” It is also likely that confidence has been shaken by rising prices and shortages of some products and materials, including the recent widespread gas shortages

President Joe Biden was defiant in reaction to the grim jobs and unemployment report released Friday. “Today there is more evidence that our economy is moving in the right direction, but it’s clear we have a long way to go,” he said. The president dismissed media commentary pointing out the disparity between the estimated job creation numbers and the jobs actually created in April. “Listening to commentators today as I was getting dressed, you might think that we should be disappointed,” Biden said with a chuckle.

President Biden is insisting that raising taxes for his multi-trillion-dollar proposals would be good for the economy as it begins to rebound from lockdowns, arguing that his $1.9 trillion COVID relief bill passed a month ago was causing the economic rebound seen today — while also urging Americans to continue their “patriotic responsibility” to wear masks outside in the waning days of the COVID crisis.

The greatest threat the digital yuan poses to the United States is that it endangers the international financial system America has led since World War II.The greatest threat the digital yuan poses to the United States is that it endangers the international financial system America has led since World War II.Communist China became the first major economy to create a government-sanctioned digital currency — digital yuan. Such a move will significantly impact the great power competition between the United States and China and may reshape the dollar-dominated global financial structure forever.When Xi Jinping, the Chinese Communist Party General Secretary, talked...

Beijing has not announced births for last year, but early numbers indicate they plummeted from 2019. Births in the household registration—hukou—system plunged 14.9% to 10,035,000 last year. Because births so registered constitute about 80% of total births, He Yafu, a demographer, estimates total births for the country last year came in at 12,540,000. Yi told me that the number of births for the country was in reality about 8 million and could not have exceeded 10 million.

Is it Legal for Elected US Officials to Sabotage America Into Forced Collapse? Why do Dems Sabotage The USA? Which direction are Dems pushing USA towards, by what policies, and to what purpose? Further—Do Democrats have a constitutional right to deploy ruinous policies to purposefully lead to failure? Biden public policy changes reveal many disastrous choices implemented by Democrats. Understand these same powerful elites privately boast America will “fail upwards” into socialism.

President Joe Biden's $1.9 trillion stimulus plan passed the House on Wednesday, setting it up to become law this week, but where the money in the bill is going remains controversial. One of the controversial recipients: pension plans. Democrats included $86 billion in direct aid for pension funds in the stimulus bill, which will help the 10.7 million active and retired workers who fall under multiemployer pension plans, and lawmakers say doing so is a necessary component of pandemic relief. "Wall Street's reckless bets that crashed our economy in 2008 hit union pensions like a knife in the ribs," Sen....

The "side effects" of aggressive economic stimulus policies in the United States and other developed countries have started to surface in the US stock market, China's top financial regulator warned on Tuesday, saying officials in Beijing were "very worried" that foreign asset bubbles could burst soon. Guo Shuqing, Communist Party secretary of the People's Bank of China (PBOC), identified the US market - the world's largest - His comments are the latest in a string of warnings made by policymakers in Beijing about mounting external financial threats and their potential impact on the Chinese economy.

Beijing’s Belt and Road deal with the Australian state government of Victoria looks set to be torn up in weeks as the deadline for the states’ to inform the federal government of all foreign agreements draws nearer. Speaking to the Herald Sun, Prime Minister Scott Morrison said he saw no benefit to Victoria’s deal with Beijing and signalled that the agreement would be unlikely to stand under the bill. “If there are benefits, what are they and what was paid for them? I don’t have the answers to those questions at this point, but the assessment of those arrangements will...

MATT BRACKEN and Host Fernando Aguirre LIVE STREAM NOTIFICATION. The Modern Survivalist with Fernando Aguirre and guest Matt Bracken (Free Republic's Travis McGee) discuss cultural/economic instability, self defense, preparation and survival skills. The show starts live at 3PM EST. The broadcast usually lasts two hours. The show will be archived and can be viewed later at the same link.

President-elect Joe Biden will outline his sweeping economic rescue package in a prime-time speech in Wilmington, Del., on Thursday evening. The package, which will be at the top of Biden’s legislative agenda as he takes office amid an ongoing pandemic, includes a commitment to $1,400 direct stimulus checks and has an estimated price tag in excess of $1.4 trillion, Reuters reported Thursday.

`Remember that time when Admiral James T. Kirk pretended to be a socialist so he didn’t have to pay the bill on a pizza date? In Star Trek IV: The Voyage Home, Dr. Gillian Taylor (Catherine Hicks) rolls her eyes as Kirk is taken-aback about having to pay for the pizza and one round of Michelob (yes, Michelob) beers. Gillian says, “Don’t tell me that they don’t have money in the 23rd Century.” Kirk replies faux-innocently, “Well, we don’t!” Even by that point, Trekkies knew that Kirk was playing dumb. This is the same Kirk who successfully staged a hostile...

Kim Jong Un admitted Wednesday that his five-year economic plan failed “tremendously” on nearly every front, state media reported. The North Korean leader made the comments at a rare days-long Workers’ Party gathering, which was last hosted in 2016 when he first set forth the plan. “The strategy was due last year but it tremendously fell short of goals on almost every sector,” Kim said in opening remarks to the congress, according to KCNA.

I'm going to be quoting a lot of sources in this column rather than writing much original content. That's because there are so many others saying things better than I can. A few days ago, I read a piece by Daisy Luther (The Organic Prepper) called "How the COVID Response has Destroyed the Personal Finances of Americans." It was so depressing that I could only read it a little at a time. Normally Luther does a superb job of offering hope in seemingly hopeless situations; but boy, this one was a downer from start to finish. Among much else, the...

Joe Biden keeps claiming to be a centrist Democrat. Polls show that, while most realize that President Donald Trump would be better for our economy than Biden, many think that old Uncle Joe's economic plan is relatively harmless and won't endanger jobs, paychecks or retirement savings. Think again. Let's look at what's actually in Biden's economic plan so everyone has their eyes wide open when they vote. I've read the whole thing. There is nothing centrist in this economic scheme. In many ways, it is the most radical plan proposed by a major presidential nominee of either party in any...

There will be “intergenerational consequences for child growth and development.” ... lockdowns and school closures are doing more harm to children than the coronavirus itself, with many more deaths expected to come from the reaction to the outbreak, rather than the pandemic itself. ... UNICEF director Henrietta H Fore said Monday, “The repercussions of the pandemic are causing more harm to children than the disease itself.” UNICEF nutrition program chief Victor Aguayo noted that the most harm is being done “by having schools closed, by having primary health care services disrupted, by having nutritional programs dysfunctional.” The officials pointed to...

Visit Discoverthenetworks.org. When President Trump announced that his administration would withhold all U.S. funding from the World Health Organization, pending an investigation of its handling of the coronavirus pandemic, WHO Director-General Tedros Adhanom Ghebreyesus promptly straightened the halo atop his head and proceeded to address the world in the sober tones of a selfless, afflicted martyr: “For now,” he said, “our focus, my focus, is on stopping this virus and saving lives. WHO is getting on with the job…. When we’re divided, the virus exploits the cracks between us.” But as a close look at Tedros’s handling of the current crisis...

One particularly terrifying consequence of the Chinese Bat Soup Virus that is not yet getting the attention it deserves is how this situation is making already stupid liberals even dumber, especially when they sound off about economics. In the wake of this pandemic, we’ve been subjected to a series of mind-numbing insights from the pinko blue check brain trust that reaffirms the clichéd but true observation that our elite is anything but elite. Leave it to our liberal betters to take a bad situation and seek to make it exponentially worse. For example, Sally Kohn – oh, you know where...

Former Secretary of State Henry Kissinger has warned of global economic doom He wrote an opinion piece for the Wall Street Journal on Friday, issuing a dire proclamation that 'failure could set the world on fire' The 96-year-old believes the White House has done 'a solid job in avoiding immediate catastrophe' etc etc

The "expert" predictions of economic disaster should Donald Trump win the 2016 election did not occur. Under Trump, the Dow Jones Industrial Average and Nasdaq composite have reached historical highs while unemployment for blacks and Hispanics have hit historical lows. In the wake of Trump's undeniable economic success, what is the 2020 Democratic Party argument for why voters should back their candidate over Trump? The morning after Trump's election, Paul Krugman, economics professor and columnist for The New York Times, wrote: "Now comes the mother of all adverse effects -- and what it brings with it is a regime that...