Category: Macroeconomic

May 23, 2022

Don’t say recession. Call it “transition,” Brian Deese, director of the White House National Economic Council, told “Fox News Sunday.” Host Martha MacCallum asked Deese if he agrees with those who say the United States is heading into recession in […]

May 11, 2022

President Joe Biden does not believe his $1.9 trillion COVID relief package, which was signed into law last year, played any role in the increase in inflation, White House Press Secretary Jen Psaki said Tuesday. Shortly after the president’s speech […]

May 6, 2022

The number of people working for government in the United States grew by 22,000 in April, according to the employment report released today by the Bureau of Labor Statistics. In March, there were 22,167,000 people employed by government in this […]

April 28, 2022

The U.S. economy hit the brakes and downshifted abruptly during the first three months of the year, marking a sharp turnaround from the robust 6.9% expansion recorded at the end of 2021. According to the Department of Commerce, first-quarter gross […]

April 8, 2022

Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices. In light of […]

March 31, 2022

When asked whether they would support President Joe Biden’s budget proposal for 2023, a couple of Democratic senators said that Biden’s budget plan reduces the deficit. At the Capitol on Wednesday, CNSNews.com asked the senators, “Biden’s budget proposal calls for […]

March 30, 2022

I have been writing for years about how progressive policies championed by the Democratic Party and served up under the guise of caring about low-income Americans wind up hurting these very communities. The latest chapter in this saga is the […]

March 23, 2022

“You can’t escape this inflation, because it is driven by things like energy prices, which flow into everything,” Business and Economics Professor Brian Brenberg at King’s College said Wednesday, when asked about “lunchflation.” In a Fox and Friends First interview, […]

March 17, 2022

The federal government ran a $2.7-trillion deficit in fiscal year 2021 and currently has a $475-billion deficit for fiscal year 2022. In addition, the national debt, as of Monday, was $30.19 trillion. Despite these numbers, some Republican senators believe that […]

March 8, 2022

During a campaign stop on Nov. 2, 2020, then-President Donald Trump touted the low gasoline prices of the time and warned that if Joe Biden became president, Americans would end up paying $7, $8, even $9 a gallon. Trump also […]