Taking aim at the Federal Reserve’s politically motivated manipulation of the U.S. economy, GOP presidential candidate Donald Trump blasted the controversial central bank’s artificially low interest rates. He also denounced the “very false economy” propped up by Fed monetary gimmicks. Democrat nominee Hillary Clinton, though, hit back immediately, saying Trump should not malign or even […]
Economy grew 1.2% in second quarter, far below expectations
July 30, 2016 by
The sputtering, weezing US economy is barely managing to keep its head above water as the Department of Commerce announced second quarter growth of 1.2%, far below the 2.6% predicted by private economists.. In addition, first quarter growth was revised downward from 1.1% to 0.8%. Most indices were equally weak with a couple of exceptions. […]
Obama’s Economy Fourth Worst In US History
April 29, 2016 by
The GDP, or Gross Domestic Product, what the country produces as a whole, only grew at 0.5 percent during the first quarter of 2016. Wall Street Journal’s Jeffrey Sparshot pointed to the cause as a “sharp pullback in business investment and weak global demand dragged down an already-lackluster U.S. economy in the opening months of […]
WHY BERNIE SANDERS HAS TO RAISE TAXES ON THE MIDDLE CLASS
February 3, 2016 by
Willie Sutton was one of the most infamous bank robbers in American history. Over three decades, the dashing criminal robbed a hundred banks, escaped three prisons, and made off with millions. Today, he is best known for Sutton’s Law: Asked by a reporter why he robbed banks, Sutton allegedly quipped, “Because that’s where the money […]
Newsflash From The December ‘Jobs’ Report—–The US Economy Is Dead In The Water
January 9, 2016 by
Here’s a newsflash that CNBC didn’t mention. According to the BLS, the US economy generated a miniscule 11,000 jobs in the month of December. Yet notwithstanding the fact that almost nobody works outdoors any more, the BLS fiction writers added 281,000 to their headline number to cover the “seasonal adjustment.” This is done on the apparent truism that December is generally colder […]
PEW: Americans Trust GOP Over Democrats On Guns, Terrorism, Economy
December 16, 2015 by
A PEW Research Poll released December 15 shows the American public trusts Republicans over Democrats when it comes to guns, terrorism, and the economy. The public also trusts Republicans over Democrats when it comes to immigration. According to PEW, the public supports Republicans on guns by a margin of 43 percent to 37 percent. Regarding […]
Poll: Terrorism Beats Economy as Top Concern for First Time in a Decade
December 11, 2015 by
For the first time since 2006, terrorism ranks higher than the economy as a concern for voters, according to a new CBS News poll. Terrorism was the top concern for 14 percent of voters in the poll, while the economy was number one for 12 percent. Even more dramatically, 44 percent of Americans thought another […]
America’s RINO Economy: Recovery in name only
October 3, 2015 by
For the past few years, the Obama lovers in the media have been boasting about the supposedly great economy Americans are enjoying. According to this fictitious narrative, Obama’s strong leadership saved the economy and led to our “recovery,” but, in reality, we face today a RINO or “Recovery in Name Only” economy. The real economy […]
Chinese Crash Crushes Stock Market as Obama Imitates Chinese Economy
August 24, 2015 by
On Monday, the global stock crash continued with the New York Stock Exchange dropping nearly 1,000 points at times, before bouncing back up to a 500-point loss as of mid-morning Eastern Time. The crash has been precipitated by China’s devaluation of the yuan, a move that observers saw coming for months given China’s weak economic […]
Chinese Economy Facing Collapse: New Report Indicates up to One-Half GDP Growth Rooted in Theft and Fraud
August 24, 2015 by
FRIDAY HARBOR, WA–(Marketwired – August 18, 2015) – A study just completed by the INVNT/IP Global Consortium suggests that China is experiencing a serious episode of domestic economic collapse, with up to 50% of GDP growth rates reported over the last three decades derived directly from the theft of intellectual property and fraudulent practices around […]
As Obama’s Economy Falls, White House Excuses Boom
June 1, 2015 by
View Enlarged Image Economy: They must be getting pretty desperate in the White House economic shop these days. When the revised GDP numbers showed a first-quarter decline of 0.7%, they started blaming the estimates themselves. On the list of excuses for President Obama’s ongoing failure to produce decent economic growth, we hadn’t heard this one: […]