Spending

Watchdog Warns States Blowing ‘Budget Surpluses’ on Wants Not Needs

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.

U.S. Wages Crash by Almost 3%

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

Zuckerberg Won’t Repeat 2020’s Massive Spending on Elections Offices

Facebook CEO Mark Zuckerberg announced he won’t be donating money to help state and local officials administer the 2022 elections or any other election after criticism that the nearly $400 million he injected into the 2020 presidential contest unfairly bolstered Democratic turnout.

Wholesale Inflation Soars at 11.2% Rate in March, Largest Gain on Record

Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.

Lockdowns Found to Double Risk of Mental Health Symptoms

A group of researchers have conducted an overview of 33 mental health studies of 132,000 people during the first year of the pandemic and found that lockdowns doubled people’s odds of experiencing mental health symptoms.

This Isn’t Putin’s Inflation

White House aides were out in force on Monday warning that Tuesday’s inflation report would be ugly and blaming it on Vladimir Putin.

U.S. Inflation Hits 8.5% Under Biden: Highest Since 1981

Gas prices rocket 48% in past 12 months.

BLM Claims $6 Million California Mansion Bought for Cultivating ‘Joy’

Black Lives Matter recently purchased a $6 million California mansion for the purpose of cultivating “joy” among the black community, the organization announced Monday.

American Families Will Spend Over $5k More This Year to ‘Live the Exact Same Life’

A recent study broke down the results of decades high inflation rates indicating that the average household is likely to shell out $5,200 paying the same expenses.

Let Thy Smartphone Be Thy Medicine? Google, Amazon Make Big Moves Into Healthcare

As Big Tech and major retail firms move into healthcare they bring promises of convenience and innovation they claim will benefit consumers — but the move also raises questions about the ever-growing power and influence of such firms and their real motivation for getting into healthcare.

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