Economists

Desantis: Hold Universities Accountable for Student Debt, Not Taxpayers

President Joe Biden’s expansive student loan forgiveness plan drew a pointed response from Gov. Ron DeSantis, who declared that the Universities graduating students with “worthless” degrees should be held responsible for the debt, not the American taxpayers.

Shift in Hiring Patterns Points to Looming Recession for Biden Economy

Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...

Housing Starts Plunge 9.6%, Raising Recession Fears

The number of housing starts tumbled in July, an indication that the housing market is taking a hit and may be falling into a recession.

Biden Signs $740 Billion Inflation Reduction Act

President Joe Biden signed the Inflation Reduction Act into law on Tuesday, a move heralded by the Biden administration as a huge win and by Republicans as a devastating loss.

How the FBI Undercounts Armed Citizen Responders to Mass Killers—and Media Play Along

The shooting that killed three people and injured another at a Greenwood, Indiana, mall on July 17 drew broad national attention because of how it ended—when 22-year-old Elisjsha Dicken, carrying a licensed handgun, fatally shot the attacker.

Wharton Study: Democrat Reconciliation Bill Would Have Zero Impact on Inflation

The Democrats’ marquee bill to reduce inflation would likely have zero impact on inflation, according to a study by the influential Penn Wharton Budget Model.

Trump Warns Something Worse Than Recession Is Coming

Former President Donald Trump has warned that America’s economy is on track for a bigger disaster than a recession.

U.S. Enters Recession Under Biden

U.S. economy shrank 0.2% in the June quarter, 0.9% on an annualized basis.

Nearly Half of American Adults Are Having Trouble Covering Household Expenses, Census Poll Shows

Nearly half of American adults are having trouble paying for basic household necessities, new Census Bureau data show, a sign of continued struggling amid economic turmoil and record-high inflation.

Top Federal Reserve Officials With Known Links to China Still Have Their Jobs, Senate Republican Report Says

The Chinese government carried out a decade-long information theft campaign against the Federal Reserve, a report released Tuesday from Republican members of the Senate Committee on Homeland Security and Governmental Affairs revealed.

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