Free Republic

During an interview on Tuesday for Wednesday’s BET News interview special “Black America Votes: The Biden Interview,” President Joe Biden said that his economic policies haven’t resonated with people “because the Republican Party and the MAGA Republicans have been opposed to it, and they’ve been beating up on it.” And because “it’s just taking time for people to see it. And the other thing is, there’s not been a very good job done about saying, this new billion-dollar bridge going over there is brought to you by Joe Biden.” But some of his policy agenda has “resonated for those who...

Comments made on 11/1/23.

If you thought prices were rising faster than the BLS said, you were right. Let's discuss revisions.Each year with the release of the January CPI, seasonal adjustment factors are recalculated to reflect price movements from the just-completed calendar year. This routine annual recalculation may result in revisions to seasonally adjusted indexes for the previous 5 years. [And it did in spades] Recalculated seasonally adjusted indexes as well as recalculated seasonal adjustment factors for the period January 2018 through December 2022 were made available on Friday, February 10, 2023.All Items as Reported and RevisedDecember as Reported -0.1, As Revised +0.1 November...

Iceland's central bank has raised its key interest rate to 18% from 12% as it battles against financial collapse. The rise comes less than two weeks after Iceland cut rates from 15.5%. The central bank governor said the increase was part of its agreement with the International Monetary Fund, from which it borrowed $2bn (£1.3bn). Iceland's prime minister said the country needed another $4bn in loans and had approached the European Central Bank and the US Federal Reserve. Currency slump Central bank governor David Oddsson said that he hoped the rise in rates would only last for a short time...