Tag: U.S. economy

December 30, 2021

When running against Donald Trump for president, Joe Biden often made the now-ironic charge that any president who has allowed so many deaths from COVID-19 should never be in the White House. Today, there are more deaths from COVID under […]

December 10, 2021

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in November on a seasonally adjusted basis after rising 0.9 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all […]

November 24, 2021

President Biden on Tuesday took credit for the supposed strength of the U.S. economy — “the strongest economic recovery in the world,” he called it. But he also said don’t blame him for the “painful” spike in gasoline prices. Higher […]

November 19, 2021

“Never in American history will so many taxes be raised and so much borrowing be needed to pay for all this reckless spending.” McCarthy’s marathon speech began at 8:38 p.m. Thursday and ended eight hours and 32 minutes later, at […]

November 15, 2021

Don’t blame inflation on Washington’s multi-trillion spending spree: “I think it’s important to realize that the cause of this inflation is the pandemic,” Treasury Secretary Janet Yellen told CBS’s “Face the Nation.” “The pandemic has been calling the shots for […]

November 11, 2021

“Many people remain unsettled about the economy, and we all know why,” President Joe Biden said during an appearance at the Port of Baltimore on Wednesday. “They see higher prices. They go to the store online and they can’t — […]

October 25, 2021

Treasury Secretary Janet Yellen continues to insist that price inflation — food, fuel, and all the rest — is temporary: “Americans haven’t seen inflation like we have experienced recently in a long time. But as we get back to normal, […]

October 4, 2021

Senate Majority Whip Dick Durban says he supports the $3.5-trillion reconciliation bill that has caused a split in the Democrat Party. Leftist Democrats insist that the bill — full of new entitlement programs — must pass either before or along […]

September 21, 2021

An overlooked provision of the new, sweeping tax bill currently under consideration by Congress as part of President Joe Biden’s $3.5 trillion infrastructure plan would substantially limit the qualified small business stock (QSBS) capital gain exclusion for certain taxpayers. If […]

September 13, 2021

What’s the big rush? Sen. Joe Manchin (D-W.Va.) wondered on Sunday, as he was pressed to explain his stated opposition to the $3.5 trillion cost of the Democrats’ “human” infrastructure bill. “Well, George, I’ve been very clear, I think, and […]