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“America isn’t working, thanks to COVIDiocy and Bidenomics” The nation added 390,000 jobs in May, per the latest federal data, the lowest gain of the last 12 months and leaving America still 800,000 short of the pre-pandemic level. Yet employers are desperate to hire more, with a survey last week finding that hiring is the…
“Border? Inflation? Joe Biden passes the buck as problems multiply” The buck isn’t stopping with President Biden. As his domestic and international problems multiply, he has found boogeymen to blame everywhere — except the White House. There’s Afghanistan, where a botched withdrawal left Americans stranded, a terrorist attack at Kabul airport killed 13 Americans, and…
“Who do I believe, Biden or the billionaire? Elon of course” President Biden derided Elon Musk Friday after Musk said he had a “super bad feeling” about the economy and wanted to lay off 10% of Tesla’s workforce. Biden’s message to Musk: “Lots of luck on his trip to the moon” (NASA is partnering with…
” 5 reasons why Bitcoin could be a better long-term investment than gold “ The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar. For years,…
“‘Cult’ of fear harmed kids and other commentary” COVID watch: ‘Cult’ of Fear Harmed Kids “There is no shortage of articles and studies documenting the harm caused by COVID-19 school policies,” notes Alex Gutentag at Tablet. One stat: “The rate of chronically absent students nationwide is now 22%, 2.7 times what it was before school closures.” As…
“Dow ends week on losing note despite strong US jobs report” Wall Street’s main index ended the week on a losing note as concerns about inflation and rising interest rates outweighed the strong jobs report released earlier on Friday by the federal government. The Dow Jones Industrial Average plummeted 348.58 points, or 1%, to 32,899.70,…
“OnlyFans models, sex workers feel pinch of sluggish economy” The plunging economy has been hard on one particular sector — sex workers who say that decades-high inflation has forced their clients to cut back on discretionary spending. Allie Rae, a 38-year-old Massachusetts woman who left her $84,000-a-year nursing job to earn a monthly six-figure income…
“Bank of America’s Brian Moynihan downplays Jamie Dimon’s ‘hurricane’ warning” Bank of America CEO Brian Moynihan downplayed dire forecasts about the state of the US economy this week even as a fellow bank boss, JPMorgan Chase’s Jamie Dimon, warned of a looming “hurricane” for investors. Moynihan delivered his own outlook for the economy at the…
“US economy added robust 390,000 jobs in May despite inflation, recession fears” US employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates. Last month’s gain reflects a still-healthy job market despite concerns that the economy will weaken…
“Biden’s bald-faced baloney and more” Diary of disturbing disinformation and dangerous delusions Spot the difference: How Are You Coping With Inflation? — New York Times, June 2 179 Reasons You Probably Don’t Need to Panic About Inflation — New York Times, Aug. 18, 2021 Inflation May Have Already Peaked. The Fed Needs to Step Gingerly….