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Category: Macroeconomic


Capital and Risk, Macroeconomic

Biden Economic Adviser: ‘Our Economy Is in a Period of Transition’

May 23, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

Psaki: Biden Does Not Think His COVID Relief Package Played Any Role in Inflation Increase

May 11, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

Government Grew by 22,000 Workers in April

May 6, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

US First Quarter GDP Shrinks 1.4%, S&P 500 Holds Gains but Uncertainty Rises

April 28, 2022

Via: DailyFX

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 […]


Capital and Risk, Macroeconomic

‘Significant slowdown in economic growth’ looms, strategist says

April 8, 2022

Via: Yahoo

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 […]


Capital and Risk, Macroeconomic

Sens. Stabenow, Menendez: Biden’s 2023 Budget Proposal ‘Cuts the Deficit’

March 31, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

Democrats Spend Low-Income Americans Into Poverty

March 30, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

We Can’t Escape ‘Lunchflation’ Under Biden’s Economic Strategy, Business and Economic Professor Warns

March 23, 2022

Via: CNSNews.com

“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, […]


Capital and Risk, Macroeconomic

Sens. Toomey, Scott: Biden Will Not Balance the Federal Budget

March 17, 2022

Via: CNSNews.com

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 […]


Capital and Risk, Macroeconomic

Trump in 2020: ‘If Biden’ Becomes President, You’ll Pay $7 For a Gallon of Gas

March 8, 2022

Via: CNSNews.com

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 […]