President Joe Biden’s budget proposal has set the stage for tax increase on individuals that could suffocate the economy, making Bidenomics an even bigger drag and sparking heated discussions across political and economic circles. It’s not far-fetched to suggest that this move would have the Founding Fathers doing somersaults in their graves. “How would the […]
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 economic news isn’t getting any better. Bidenomics continues to prove itself the most lethal killer of the U.S. economy since COVID overtook the world as 169 retail stores closed in a single week, up 12.3 percent from the year before, according to data reported last week by the U.K. Daily Mail. Staples across the […]
Joe Biden’s economy is having a serious negative impact all across the country and as prices on everything we need skyrocket, the dream of owning a home is slipping away. A new study, for instance, finds that it is now cheaper to rent than it is to buy a home in the country’s 50 largest […]
There was once a day when investment advisers suggested that workers should amass a million-dollar savings portfolio for retirement. But thanks to Bidenomics, those days are long gone, as a mere million dollars won’t cut it anymore. Not only do analysts say Americans need nearly $1.5 million to survive retirement, but that cost has skyrocketed […]
President Joe Biden continues to make baffling blunders, botching a ceremony meant to honor Asian-Americans by claiming Japan was struggling because of xenophobia. The Eastern country is seeing a stalled economy with a depreciated yen and decreased consumer spending, according to Deloitte. Japan is taking steps to fix the strife, increasing wages in hopes of […]
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 — […]
The United States continues to crumble under Joe Biden’s failed presidency, as rent in big cities nationwide skyrockets in tandem with crushing inflation. Rent in 18 of America’s 50 largest metropolitan areas rose during the past year, according to data compiled by Realtor.com. The biggest spikes occurred in the Northeast and the Midwest, with the […]
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President Joe Biden has repeatedly stated his intention, if he’s re-elected, to allow the tax cuts passed by the Republican Congress in 2017 under former President Donald Trump to expire. “Donald Trump was very proud of his $2 trillion tax cut that overwhelmingly benefited the wealthy and biggest corporations and exploded the federal debt,” Biden […]
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