Economists

Biden Admin Officials Changing Definition of ‘Recession’

Officials are getting the word out during media appearances.

75% Of Middle-Class Households Say Their Income Is Falling Behind the Cost of Living

The reality of inflation and the specter of a recession appear to be weighing heavily on middle-class households.

Only 18% of Americans Want Joe Biden to Run Again

One in five Americans want President Joe Biden to run for reelection while the vast majority say it is time for Biden to call it quits, a Yahoo News/YouGov survey released Thursday found.

House Proposal Will Hike Taxes on Lower- And Middle-Income Americans: Bipartisan Congressional Panel

Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT).

$15M in American Rescue Plan Funds Went to ‘Anti-racism,’ ‘Social Activism’ Programs for Kids

$15M in American Rescue Plan Funds Went to ‘Anti-racism,’ ‘Social Activism’ Programs for Kids.

75 Percent of ‘Poorly Targeted’ $800 Billion PPP Money Sent to Unintended Recipients: Study

A multi-billion-dollar pandemic-era stimulus program meant chiefly to help small businesses keep staff on the payroll and hire back laid off employees was poorly...

Japan’s Conservative Ex-Prime Minister Assassinated

Former Prime Minister Shinzo Abe was assassinated Friday on a street in western Japan by a gunman who opened fire on him from behind as he delivered a campaign speech — an attack that stunned the nation that has some of the strictest gun control laws anywhere.

Biden: Americans Will Pay High Gasoline Prices for “As Long as It Takes”

A defiant President Joe Biden, in a Thursday press conference at the end of the NATO summit, said that Americans should expect to pay high gasoline prices for “as long as it takes” to get Russia out of Ukraine.

Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low

American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.

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