April 19, 2024

Biden Co-Chair Clyburn on Klain Inflation Criticism: ‘I’m Not an Economist’ ‘Don’t Know How These Issues Really Work’

On Wednesday’s broadcast of “CNN Newsroom,” Biden Campaign Co-Chair Rep. James Clyburn (D-SC) responded to criticism by Biden’s former Chief of Staff Ron Klain of President Joe Biden for touting infrastructure when people are dealing with inflation by stating, “Well, I’m not an economist. I don’t know how these issues really work.” But people who

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 Thursday’s broadcast of CNBC’s “Squawk Box,” Harvard University Economics Professor and former International Monetary Fund Chief Economist Ken Rogoff argued that the issues around banks have not been fixed “at all” because in a world with higher inflation and interest rates and poor growth in China, “we’re in a situation where things are going

Moody’s 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 Wednesday’s broadcast of Bloomberg TV’s “Balance of Power,” Moody’s Analytics Chief Economist Mark Zandi predicted that 2src23 “is going to be a pretty tough year” because we won’t “see the full effects of what the Fed’s done for well into” the year and “we’re going to see job growth slow, may see some declines, unemployment’s

‘Reckless’: Obama Economist Tears Apart Biden’s Student Loan Forgiveness

Former Obama administration economist Jason Furman took to Twitter Wednesday afternoon to criticize President Joe Biden’s 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…

Obama’s 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 Plan’s expansion of unemployment benefits could be harming the United States’ post-pandemic economic recovery. Furman’s study argues that a lack of childcare options for working parents of young children is not causing the country’s 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 president…

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. Sowell’s criticism […]

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