Free Republic

President Joe Biden has dropped out of this year's presidential election race, the White House said Sunday, and endorsed Vice President Kamala Harris to represent the Democratic party against Republican frontrunner Donald Trump. "It has been the greatest honor of my life to serve as your President," Biden said in a message from his verified account on the X social media platform. "And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as...

Politics typically comes with plenty of spin. Even something seemingly unyielding or absolute like a number can get squished and twisted like putty. As such, flashy economic data points extolled by candidates always come with plenty of asterisks, caveats and “yes, buts.” In this election cycle, those qualifiers have multiplied in part due to quirks in the numbers themselves: A once-in-a-lifetime pandemic and a once-in-a-generation inflation event sent shockwaves through the economy, distorting data and presidential economic records in the process. “Interpreting economic data is like interpreting a Monet painting in the best of times,” Mark Zandi, chief economist at...

This headline article from the New York Post caught our attention because it has the familiar ring of “51 former intelligence heads” in the 2020 election. Previously, the stacking of experts to create disinformation was used to hide the truth within the Hunter Biden laptop, which was evidence of Joe Biden’s pay-to-play schemes. Now, the “experts” are stacked to claim Joe Biden’s economic policy is better than Donald Trump’s. I will ignore the article’s Freudian optic of the economist speaking at the globalist WEF event, and instead focus on the facts. We have an actual track record of President Trump’s...

A senior from Montana has delivered a viral speech about the sorry state of property taxes in the Treasure State. “I’m on Social Security, I’m 68-years-old and working just to pay my taxes,” says Kurt, in a clip shared on TikTok by Ryan Busse, who is running to be the next governor of Montana. Kurt claims that over the last couple of years, his annual property taxes have soared from $895 to almost $8,000 — an increase of around 790% — which he says is like paying almost “$700 a month rent to the state to live in our own...

On Friday’s edition of NBC’s “MTP Now,” NBC News White House Correspondent Mike Memoli stated that “the Biden team has seemed to concede that there’s nothing they’re going to be able to do to fix the inflation problem” and are trying to reframe things to a “stylistic” argument. Memoli said, “Every single demographic, every poll shows the number one issue, cost of living, inflation. And the Biden team has seemed to concede that there’s nothing they’re going to be able to do to fix the inflation problem. So, they’re trying to make this a whose side are you on, who...

President Biden is facing an American public that trusts his top political rival far more on inflation and economic matters, issues that are likely to loom large in voters’ minds at the ballot booth in November. A poll released last week from the Cook Political Report, conducted with Democratic and Republican strategy firms, showed that likely voters across seven “swing states” overwhelmingly disapprove of the job Biden is doing on the economy.

The American Dream in Pennsylvania has a price tag: $230,464. That’s the cost for a family of four to live “comfortably” in The Keystone State. The tally is based on the “50/30/20 Rule,” which holds that half of a household’s income should be spent on housing and necessities, a third on nonessentials like eating out and entertainment, and the rest on savings and debt. Here’s the problem: the average household income in Pennsylvania is $100,837, which falls short of the American Dream sticker price by more than a factor of two. In fact, only 10% of Pennsylvania households have an...

The cost of living defines the 2024 presidential election, with voters in battleground states favoring former President Donald Trump and prioritizing the economy over abortion — Democrat President Joe Biden’s top campaign issue — a new survey found. The Swing State Project report released on Friday, a collaboration between the Cook Political Report, GS Strategy Group (a Republican polling firm), and BSG (a Democratic polling firm), found that the state of the economy ultimately outweighs the nation’s shifting abortion landscape going into November. The project surveyed 3,969 voters in seven battleground states from May 6 to May 13. “Right now,...

WILDWOOD, N.J. — Former President Trump held a raucous rally in New Jersey, where on Saturday he confidently predicted he would easily win the Garden State on Election Day in November. "We’re going to win New Jersey," the GOP frontrunner told the crowd to exuberant cheers. U.S. Rep. Jeff Van Drew, R-N.J., who briefly shared the stage with Trump, dubbed the event as the largest political rally in the state of New Jersey. A spokesperson for the City of Wildwood told the Associated Press she estimated there were between 80,000 and 100,000 people at the rally. Trump devoted much of...

Former President Donald Trump vowed in Wisconsin to trash President Joe Biden’s so-called “Bidenomics” and reinstate “MAGAnomics” upon victory in November. The average Wisconsin family lost $21,981 due to the increased cost of living under Biden, the Republican National Committee estimated. The economy is the number one issue in 2024, according to CNN. About half of voters in swing states Wisconsin, Pennsylvania, and Michigan believe the economy got worse under Biden’s management, a CBS News poll found Sunday.

Treasury Secretary Janet Yellen contrasted "the robust US economy that has characterized President Biden's two plus years in office with the dismal Trump years. The lockdowns cost tens of millions their livelihoods. Businesses were ordered shuttered. Many laid off employees others went bankrupt. In the summer of 2020 the unemployment rate was 14%. Now it is less than 4%. Bidenomics has surpassed MAGAnomics by a wide margin. This is quite a feather in the President's cap." From a different perspective, the economy doesn't look as good as Yellen says it is. The inflation injected into our economy by Biden's spending...

President Trump’s economic architect, who is promoting the phrase “MAGANOMICS,” believes that the impact of the 2017 tax cuts has yet to hit and when it does “things could get even better.” Budget chief Mick Mulvaney told an economic group,... “I actually think things could get even better because I don’t think you’ve seen the full impact of the tax bill into the overall economy.” Many economists, previewing the release of the second quarter growth figure Friday, are predicting it will top 4 percent. “Everything is moving in the right direction, moving toward a healthy American economy again,” he told...