Prices

Biden claims Americans aren’t clever enough to understand the supply chain crisis and concedes that his stimulus checks fueled spike in inflation

President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.

US consumer prices rise at fastest pace in three decades

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.

MSNBC Calls Rising U.S. Inflation a Sign of ‘Rapid Recovery’

Mainstream news piece tells Americans they shouldn't be "afraid" of 30-year high consumer prices.

Turkey Prices Up 41%, Home Heating Oil Up 115%, Food Prices Up 10.5%

Thanksgiving 2021 is shaping up to be the most expensive in history.

US Likely to See Higher Inflation From Housing ‘For a While’, Fed Governor Says

The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.

‘It’s a melt-up’: U.S. stocks are on an unusually strong run heading into the holidays

‘Stocks are loving the very easy monetary policy,’ says a portfolio manager

Employer Vaccine Mandates: When the Feds Pay the Piper, they Call the Tune

Advocates for vaccine mandates—led by the Biden Administration—are apparently unconcerned that the mandates are likely to drive down total employment and reduce access to government services.

Biden’s Contradictions

On the menu today: The public remarks of President Biden get covered by the national news media, but they tend to come and go with minimal impact, in large part because the president just blurts out whatever sounds good in his head, regardless of its accuracy, and he frequently contradicts himself.

Inflation Debate Hangs Over Stock Market’s Record Run

Some investors think the Federal Reserve will be forced to swiftly raise rates next year to rein in inflation and keep the economy stable

Democrats’ odds of holding Senate in 2022 slip after Tuesday’s losses

A prominent political analyst on Wednesday said three 2022 Senate races where Democrats had held advantages are now considered “toss-ups” after Tuesday’s setbacks for the party in Virginia, New Jersey and elsewhere.

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