Inflation

(Sales) Taxation Is Theft

A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax.

The Fake Meat Industry Is Failing, But That Might Lead to Governments Propping It Up

Impossible Foods, manufacturer of plant-based meat alternatives, is laying off 20 percent of its workforce.

Former Walmart CEO Says Consumers Could Be In a ‘World of Hurt’ if Biden Doesn’t Take Action on Inflation Issue

Former Walmart CEO Bill Simon warned Americans this weekend of the detrimental impact that corporate layoffs could have on the U.S.'s feeble economy.

Trump Blasts Biden Failures in Latest Speech, ‘Every Day is Like April Fool’s Day’

Delivering his second speech in a day, former President Donald Trump denounced the unbelievable failures of President Joe Biden's administration over the past two-plus years.

GDP Report Reveals Ominous Great Depression Warning Sign Not Seen Since 1932

The latest numbers from the Bureau of Economic Analysis show that the U.S. economy grew by 2.9 percent in the fourth quarter of last year, and 2.1 percent for 2022.

New Home Sales Rise for Third Straight Month as Mortgage Rates Fall

Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.

Debt Ceiling Hysteria and Hypocrisy

This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.”

Biden Continues to See Low Approval Ratings Despite Midterm Results

President Joe Biden witnessed some of the lowest approval ratings of his administration despite moderating price levels and the Democratic Party avoiding severe midterm losses, according to a new poll from Reuters.

White House Chief of Staff Ron Klain Expected To Step Down From Biden Admin.

White House Chief of Staff Ron Klain is expected to step down from his position in the coming weeks, The New York Times reported, citing anonymous senior administration officials.

IRS Having Trouble Hiring People Who ‘Are Able to Pass Background Checks’ After Biden Admin Calls for 87,000 New Agents

Out of more than 565,000 job applications received until early October, the IRS only recruited around 19,000 workers.

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