Anti-gun nut and former Harvard student activist David Hogg put his foot in his mouth once again, this time with a foolhardy attempt to scold Republican Thomas Massie on his effort to end the Federal Reserve. The Republican representative from Kentucky recently introduced the Federal Reserve Board Abolition Act (HR 8421) which would essentially “end […]
Anti-gun nut and former Harvard student activist David Hogg put his foot in his mouth once again, this time with a foolhardy attempt to scold Republican Thomas Massie on his effort to end the Federal Reserve. The Republican representative from Kentucky recently introduced the Federal Reserve Board Abolition Act (HR 8421) which would essentially “end […]
Anti-gun nut and former Harvard student activist David Hogg put his foot in his mouth once again, this time with a foolhardy attempt to scold Republican Thomas Massie on his effort to end the Federal Reserve. The Republican representative from Kentucky recently introduced the Federal Reserve Board Abolition Act (HR 8421) which would essentially “end […]
A tax cut from former President Donald Trump’s term in office is set to expire at the end of next year — Congress must act to keep that from happening. According to the Tax Policy Center, The Tax Cuts and Jobs Act — passed in 2017 — resulted in 65 percent of American households paying […]
Federal Reserve Chairman Jerome Powell said Tuesday that his confidence has weakened that inflation is under control. His comments made at a bankers’ conference in Amsterdam came the same day that the Labor Department reported that wholesale prices jumped 0.5 percent in April, the largest increase since April 2023. Wholesale prices are tracked by the […]
Another day, another piece of bad election-year news for proponents of Bidenomics. The Department of Labor on Thursday released its weekly report of seasonally adjusted data on new unemployment claims through May 4, reporting a total of 231,000 jobless claims. That number was both up from the previous week’s 209,000 and higher than the 214,000 […]
Jared Bernstein is President Joe Biden’s chairman of the U.S. Council of Economic Advisers. This is, in its own way, strangely fitting. It’s not because Mr. Bernstein is a sterling representative of “Bidenomics” — the catchall term for an economic program the president swears is working and the American public keeps telling pollsters isn’t. Maybe […]
The Labor Department released its April jobs report on Friday, and the news wasn’t good for President Joe Biden’s economy. After a number of months of relatively positive news, the new data showed that the labor market may be cooling off. That could be good news for U.S. inflation — if the trends continue — […]
EDITOR’S NOTE: The following piece is news commentary and not intended to provide financial advice under any circumstance. Readers should only invest in any asset after consulting a credentialed financial expert. Nothing written in this article should be taken as financial guidance. Do not invest based on any item published or posted by The Western […]
Even Democrats can be right sometimes. In 1992, while working as Bill Clinton’s campaign manager, Democrat political strategist James Carville famously said, “It’s the economy stupid!” when he got sick of being asked what the next presidential election was about. He was right then, and he’s right now. That’s why things continue to grow darker […]
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