Free Republic

Former NBC News anchor Brian Williams on Wednesday said the Democratic Party was dead and blamed Vice President Kamala Harris' loss in the 2024 presidential election to minority pandering and elitism. "It's insulting when members of the working class, which the Democratic Party has lost entirely in our lifetimes, to insist the economy is doing great," Williams said during an interview with NBC "Late Night" host Seth Meyers. "A 12-pack of Bounty is $40; rich folks don't feel that. Poor folks already switched to Sparkle during the Covid lockdown. I think telling them that the NASDAQ is gangbusters is further...

Kamalanomics has made the American Dream of homeownership unreachable for young Americans and families across Arizona. Under Kamala Harris, home prices are up over 32 percent, interest rates reached their highest levels in over 20 years, and mortgage payments hit record highs. Arizona voters know only a return to President Trump's successful economic policies will restore the American Dream, defeat inflation, bring down mortgage rates, and make purchasing a home more affordable. Turning Point is honored to host President Trump in Las Vegas, Nevada to rally support for him in this critical swing state. This is an event for all...

Retail expert Gerald Storch says the 2024 election will weigh on an already weak holiday shopping season.. Former Target Vice Chairman Gerald Storch painted a sobering picture of consumer sentiment while speaking to FOX Business on Thursday, anticipating a subdued holiday shopping season weighed down by economic and political uncertainties. "It's very clear that consumers are running out of money. They're increasingly stressed by inflation and the exhaustion of their pandemic-era savings. When you take a look over the last several years, what you see month after month, everyone talks about, the consumer's still spending. They might be, but they're...

Kamala Harris runs commercials that identify her plans for the economy. The United States has experienced high inflation caused by the government printing press during the Biden-Harris years. Her solutions include a mix of scapegoating and even more federal spending. (1) These plans include “going after price-gougers.” Harris and her handlers do not acknowledge the government printing press as the cause of inflation. They scapegoat unnamed “price-gougers” the same way that the Soviet Union used to scapegoat “black marketeers.” One of Ayn Rand’s fictional enforcers in We the Living (depicting life in 1920s Soviet Russia) finally raised the obvious question...

Nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate ticked down to 4.1% despite expectations for it to hold steady at 4.2%.

Unionized dockworkers at East Coast and Gulf Coast ports began a strike Monday that will affect the flow of goods through ports that handle about half of seaborne trade to the U.S. and could have an impact on food prices. Ports affected by the International Longshoremen’s Association strike are key hubs for food imports from places like South America and Central America. For example, about two-thirds of bananas arrive at East Coast and Gulf Coast ports. The U.S. Department of Agriculture (USDA) released a statement Tuesday saying it doesn’t anticipate food prices will be significantly affected by the port strike...

You have to hand it to Kamala Harris. She has found a way to unburden herself from what has been, which is the Biden/Harris administration. For some time now, it has been clear that Kamala is running as the challenger, and to be honest, that was a brilliant move by her campaign team. I couldn't have believed that it would fly, but it has to a certain extent. She is, against all the odds, still in this race despite the fact that Americans hate the Biden administration and its record. Aside from mindlessly repeating that she was born a poor...

The growth of orders placed with American factories for durable goods stagnated in August, casting a shadow on claims by Vice President Kamala Harris that the Biden-Harris administration’s policies have bolstered U.S. industrial strength. The value of durable goods orders did not rise at all in August, the Commerce Department said Thursday. This was, however, better than expected. Economists had forecast orders would decline by 2.7 percent. In July, orders jumped 9.9 percent, a slight upward revision from the earlier estimate of 9.8 percent. Core capital goods orders, a measure which excludes volatile sectors like transportation and defense and is...

Vice President Kamala Harris gave her first solo interview Wednesday on cable news as the Democratic Party’s nominee for president, and failed to answer questions even in a friendly interview by MSNBC’s Stephanie Ruhle. Ruhle — who faced criticism for comments Friday in which she had defended Ruhle from having to face questions about her policies — asked Harris pointed questions and even fact-checked some of her repeated talking points. When Harris tried to claim, falsely — as she has in the past — that “Donald Trump left us with the worst economy since the Great Depression” (it was, in...

On Tuesday’s broadcast of CNBC’s “Squawk Box,” Harris-Walz Co-Chair Sen. Chris Coons (D-DE) stated that if you ask people if they’re better off than they were four years ago, “many Americans misremember just how bad the economy was four years ago and how strong our economic recovery from the pandemic has been.” Coons said, “Americans, when you ask the question, are you better off today than you were four years ago, many Americans misremember just how bad the economy was four years ago and how strong our economic recovery from the pandemic has been. And, next year, the biggest fight’s...

The U.S. is entering an era of hyperinflation, warns Lynette Zang, Founder & CEO of Zang Enterprises, adding that the transition in the U.S. has already begun. "I believe with all my heart and everything that I know that we've already begun the transition to hyperinflation," Zang told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. "We're going to see more borrowing, more money printing, more inflation because they have not killed that beast that they created and continue to create. It'll become very obvious in 2025." Zang sees the economy holding up well through the U.S. elections on...

Kamala Harris proved again on Sunday why her team doesn't seem to like having her take questions. Usually when she's traveling back and forth, you see her running from the car to the plane and completely blowing off the press that might be waiting there, hoping to slip in a question. But for some reason, on Sunday, the press managed to get in at least a couple of queries when she was traveling to New York. It did not go well. Kamala says she'll outline her "vision for the economy" this week that will deal with "what we can create...

Did progressive women ever have brains to begin with? Or, were they… always this way? Here’s the story, from a report at Breitbart News:Harris Campaign: ‘Tough to Define’ ‘Price Gouging’ She Wants to BanOn Wednesday’s broadcast of ‘NewsNation Now,’ Harris-Walz surrogate and National Finance Committee member Lindy Li acknowledged that the ‘price gouging’ that 2024 Democratic presidential candidate Vice President Kamala Harris wants to ban is difficult to actually define.Per the article, host Connell McShane first broached the topic by asking Li if she agreed that it was a term “tough to define” — this is how she responded:Li answered,...

In a monumental labor dispute, approximately 45,000 dockworkers across the U.S. East and Gulf Coasts are threatening to go on strike on October 1, potentially shutting down 36 ports that handle nearly half of the nation’s cargo from ships. The International Longshoremen’s Union (ILA) is demanding higher wages and an outright ban on the automation of cranes, gates, and container movements used in the loading and unloading of freight. A strike of this scale could have far-reaching consequences for the U.S. economy, especially if it persists for more than a few weeks. CBS News reports how experts suggest that consumers...

While Vice President Kamala Harris surges ahead in polls against her Republican rival Donald Trump, she hasn’t found much traction in the business and investing world. Hedge fund manager John Paulson, the founder of New York-based investment firm Paulson & Co. said on Tuesday in a media appearance that he would pull his money off the market in the eventuality of a Harris win, while Tesla CEO Elon Musk flagged something even more ominous. The market timing and investor timing will depend on who the president is, said Paulson in an interview with Fox News. “If Harris was elected [I]...

The Federal Reserve cut interest rates Wednesday by the biggest amount in 16 years. The 50 percentage points reduction will make borrowing money less expensive, taking some of the pressure off consumers' wallets. Today's cut brings benchmark borrowing costs down to between 4.75 percent and 5 percent.

The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the pandemic. The new federal funds rate is 4.75 percent to 5 percent, a jumbo rate cut that signals the Fed’s confidence that its war against inflation is coming to an end. The pandemic hit the economy hard, scrambling supply chains, shuttering stores and leading to layoffs of millions of Americans. When the world started to reopen in the spring of 2021, however, the economy went into overdrive. The consumer...

Americans’ auto-insurance rates are rising rapidly because President Joe Biden’s migration policy puts millions of new migrants on the road, often without driver training or English language lessons. Federal data shows that monthly auto insurance rates rose by roughly 8.3 percent under President Donald Trump, but by 20 percent under President Joe Biden and his pro-immigration vice President, Kamala Harris. That 20 percent jump adds up to an annual $500 “tax” on Americans’ pocketbooks. PPI industry data for Direct property and casualty insurers–Private passenger auto insurance, not seasonally adjusted (Bureau of Labor Statistics)Since 2021, Biden has imported roughly 10 million...

WILKES-BARRE, Pa. — Vice President Kamala Harris played up a Goldman Sachs review of her economic plan on Friday after the firm’s CEO noted that the report actually showed her policies would have minimal impact on the economy. “Independent economists like Goldman Sachs have said my plan would grow our economy and [former President Donald Trump’s] plan would shrink the economy, reignite inflation and send us into a recession by the middle of next year,” Harris claimed at a rally in Wilkes-Barre, Pa. The vice president leaned on the investment bank’s report during her Tuesday debate against Trump as well,...

On Friday’s broadcast of the Fox News Channel’s “Your World,” Harris-Walz Campaign Senior National Spokesman Ian Sams argued that 2024 Democratic presidential candidate Vice President Kamala Harris has proposed increasing capital gains taxes so there’s “an incentive so that people can continue to invest in the entrepreneurship that makes this country great.” And responded to charges that hiking the rate will discourage investment by stating that “I thought maybe people would say, well, President Biden proposed going all the way up to 40% and she’s proposing going to 28%.”