On Wednesdayâs broadcast of âCNN Newsroom,â Biden Campaign Co-Chair Rep. James Clyburn (D-SC) responded to criticism by Bidenâs former Chief of Staff Ron Klain of President Joe Biden for touting infrastructure when people are dealing with inflation by stating, âWell, Iâm not an economist. I donât know how these issues really work.â But people who
Biden Co-Chair Clyburn on Klain Inflation Criticism: ‘I’m Not an Economist’ ‘Don’t Know How These Issues Really Work’
Economist sounds the alarm on the ‘greatest enemy to the US dollar’: ‘It’s the US Treasury’
China and Malaysia revived a decades-old proposal that would reduce dependency on the U.S. dollar during a meeting between Malaysian Prime Minister Anwar Ibrahim and Chinese leader Xi Jinping last week. The resurfaced Asian Monetary Fund would also lessen reliance on the International Monetary Fund. Economist and “Currency Wars” author Jim Rickards warned that while […]
Harvard Prof., Fmr. IMF Economist Rogoff: Bank Issues Not Fixed ‘at All’ and Things Will ‘Break’ Due to High Inflation, Slow China Growth
On Thursdayâs broadcast of CNBCâs âSquawk Box,â Harvard University Economics Professor and former International Monetary Fund Chief Economist Ken Rogoff argued that the issues around banks have not been fixed âat allâ because in a world with higher inflation and interest rates and poor growth in China, âweâre in a situation where things are going
Moodyâs Chief Economist: ‘2023 Is Going to Be a Pretty Tough Year’ Unemployment Will Rise and It’ll Take Time to See Impacts of Fed Actions
On Wednesdayâs broadcast of Bloomberg TVâs âBalance of Power,â Moodyâs Analytics Chief Economist Mark Zandi predicted that 2src23 âis going to be a pretty tough yearâ because we wonât âsee the full effects of what the Fedâs done for well intoâ the year and âweâre going to see job growth slow, may see some declines, unemploymentâs
âRecklessâ: Obama Economist Tears Apart Bidenâs Student Loan Forgiveness
Former Obama administration economist Jason Furman took to Twitter Wednesday afternoon to criticize President Joe Bidenâs plan for student loan forgiveness.The White House released an announcement Wednesday declaring that individual borrowers who earned less than $125,000 per year (or $250,000 for married couples) could expect $20,000 dollars of debt relief if they were Pell Grant…
Biden Admin To Crack Down On Airline Fees, Top Economist Announces
The Department of Transportation (DOT) will issue new rules regulating airline fees on luggage and in-flight WiFi, White House advisor Brian Deese confirmed. Deese, the director of the National Economic Council, told reporters at a Friday press conference that airlines will be required to refund luggage and WiFi fees if luggage is lost or WiFi…
Obamaâs Top Economist: Unemployment Benefits, Not Lack Of Childcare, Could Be Harming Recovery
Harvard University economist Jason Furman suggested in a new study that the American Rescue Planâs expansion of unemployment benefits could be harming the United Statesâ post-pandemic economic recovery. Furmanâs study argues that a lack of childcare options for working parents of young children is not causing the countryâs poor jobs numbers. Instead, he writes in…
The Economist: It Appears Market Conspiracy Theorists Were Right
Three new recently published scientific papers seem to confirm what many have claimed for years: the “efficient markets” are not only inefficient – from an informational standpoint – they are also badly rigged. Of the three papers, the Economist reports, one argues that well-connected insiders profited even from the financial crisis, while the other two […]
The Economist: Illegal Aliens Protected by DACA Getting Jobs Over Unemployed Americans
Illegal aliens protected by an Obama-created temporary amnesty program are receiving job opportunities at a higher rate than unemployed Americans, a report by the Economist reveals. Citing a study by Tom Wong of the University of California, San Diego, the Economist explains how nearly 800,000 illegal aliens protected by the Deferred Action for Childhood Arrivals […]
Famed economist Thomas Sowell just made a HUGE endorsement for presidentâŚ
Thomas Sowell has been an intellectual giant in the conservative movement for decades. Despite rarely making appearances in the media, the economist and author has managed to become a household name among conservatives. Many of the candidates currently running have received criticism from Sowell in prior columns, but none more than Donald Trump. Sowellâs criticism […]