Economics (420)
Wasteful & Indifferent: This Is How Little The Government Cares About Your Cash
Written by Breaking
At least 20 percent of federal dollars paid out through pandemic-related unemployment programs went to fraudulent and ineligible claims, according to a new report from the Government Accountability Office (GAO). The federal watchdog reported that at least $78 billion, and potentially more, of benefits paid out in the fiscal year 2021 were misspent.
USSA: Biden's Repeated Use Of This Wartime Power Is Harming Companies - And Hurting The Economy
Written by Mid-Day 2
President Biden’s use of the Defense Production Act to advance the renewable energy industry, increase vaccine production and resolve a national shortage of baby formula has outraged critics who explain he has overstepped his authority and is increasingly relying on a power that should be earmarked for emergencies.
Stark Warning: Food Companies Contradict Biden Administration On Food Prices - And It Is Not Good News
Written by Breaking
In a rebuke of the Biden Administration's talking points that have insisted high prices are temporary, companies in the supply chain are issuing a sobering warning. Food prices will keep climbing – with no end in sight — as inflation proceeds to take hold of the U.S. economy, some of the country’s leading food suppliers and restaurant chains announced.
Shaming Joe: In Epic Rant, Jake Paul Calls Biden Voters The Biggest Problem With America
Written by Mid-Day 1
Controversial YouTuber-turned-boxer Jake Paul has taken to Twitter to air his grievances over President Biden and the state of the economy and blasted those who voted for him as the real problem with America.
Inflation will cost families $5,520 per year, growing from a projection in March, according to Moody’s.
Top Economist Explains: 'Inflation Could Have Been Avoided'
Written by Breaking
Most of the current record-high inflation could have been avoided had the Federal Reserve acted earlier and shown humility after it incorrectly defined inflation as “transitory,” economist Mohamed El-Erian said Sunday.
Will Biden Blame This Supply Chain Nightmare On Putin Too?
Written by Story3
One of the world’s largest producers in the Asian hot sauce market, Huy Fong Inc., declared Thursday an anticipated significant shortage of its beloved chili sauce, Sriracha, because of supply shortages.
Biden's Supply Chain Crisis Is Getting Messy: Feminine Hygiene Products Becoming Hard To Find
Written by Mid-Day 2
After stores suffered from baby formula shortage, shelves where tampons should be stocked, have been empty in recent months due to supply chain issues exacerbated by the COVID-19 pandemic as well as a swarm of transgender 'women' buying them up to be seen as fitting in, setting the scene for a shortage that’s been brewing for a while.
Toilet Paper Lines Are Next: Will Biden Blame This Supply Chain Nightmare On Putin Too?
Written by story2
One of the world’s largest producers in the Asian hot sauce market, Huy Fong Inc., declared Thursday an anticipated significant shortage of its beloved chili sauce, Sriracha, because of supply shortages.
This Warning From Economists Should Make Every American Nervous
Written by Story7
The World Bank said that many countries across the world would suffer from trying to prevent a recession this year as it reduced its global growth projection.
More...
Treasury Sec DEMANDS 80M From Congress
Written by Multi-Article-Alert-1
Treasury Secretary Janet Yellen pressed Congress to approve $80 billion in funding for the Internal Revenue Service to assist the agency in reducing a huge backlog of tax returns and enable it to go after $600 billion in unpaid tax bills.
Biden's Lies: President Makes Outragous Claim About His Policies
Written by Breaking
President Joe Biden announced in a prepared statement that “since he took office… more Americans feel financially comfortable.”
Biden's America: These Products Have Shrunk Their Size To Match Bidenflation
Written by Breaking
Manufacturers have continued to lessen portion sizes to keep up with record inflation in the U.S., it has been disclosed - a recently surfaced phenomenon dubbed by specialists as “shrinkflation.”
'Sharpest Slowdown In 80 Years': This Warning From Economists Should Make Every American Nervous
Written by story2
The World Bank said that many countries across the world would suffer from trying to prevent a recession this year as it reduced its global growth projection.
Discover alternative ideas that will make you think
Engage in mind bending debate
Earn points, rise in rank, have fun
