Economy Archives - Page 3 of 58

Thomas Massie Introduces Bill to Abolish Federal Reserve

Republican Rep. Thomas Massie (R-KY) has just introduced a bill to eliminate the U.S. Federal Reserve. Since it was created more than 110 years ago, the Fed has operated as the nation’s central banking system. Massie's "Federal Reserve Board Abolition Act," H.R. 8421, abolishes the Board of Governors of the…

Biden Hints at Looming Tax Hikes ‘Across the Income Spectrum’ If Re-Elected

Democrat President Joe Biden has hinted that Americans already struggling with an inflation crisis can expect looming major tax hikes if he's re-elected in November. An increase in taxes would come despite the high inflation rates that have defined Biden’s presidency. Biden announced the plan in a post on X…

4% of Voters Say Biden’s Economy Is ‘Excellent,’ New York Times Poll Shows

The Democrats have just been hit with more bad news from their allies in the obedient corporate media as a new poll shows voters are not impressed with President Joe Biden's handling of the economy. According to a New York Times/Siena poll, only four percent of voters believe Biden’s economy…

Biden Admin Issues Legal Challenge to Block Kroger-Albertsons Merger

Democrat President Joe Biden's administration has initiated legal proceedings to block the proposed merger of supermarket chains Kroger and Albertsons. Biden's Federal Trade Commission (FTC) claims that the deal would result in increased consumer food prices. The FTC published a press release on its website this week to announce the…

Stock Market Tumbles after Biden’s Premature Celebration of Temporary High Mark

After one of the stock markets reached an unprecedented high, Democrat President Joe Biden seized on that bit of good news and boasted on social media about the supposed success of his "Bidenomics" policies. However, just a few days later, those historic gains and then some had vanished as all…

Bank of America Walks Back Green Agenda Pledge to Stop Financing Fossil Fuel Industry

Bank of America has walked back its pledge to comply with the globalist green agenda by cutting off the fossil fuel industry. In December 2021, the bank committed to stopping its direct financing of new coal-fired power plants, thermal coal mines, and arctic drilling. However, the financial services company appears…

Toyota: Electric Cars Will Never Dominate Market

Toyota Chairman Akio Toyoda has declared that electric vehicles (EVs) will never dominate the car market. Battery-powered EVs will only ever capture 30% of the global market share, Toyoda has predicted. The comments come as auto industry experts are raising concerns about consumers’ willingness to align with the green agenda's…

WEF Predicts Economic Doom for Coming Year

The World Economic Forum (WEF) is warning that leading economists are predicting global economic doom for the coming year. According to a survey by the WEF, around 56% of top global economists predict that the world economy will weaken in the coming year. The globalist organization, which was founded by…

Biden’s Massive Spending Is Making Housing Unaffordable, Atlanta Fed Warns

The massive spending agenda of President Joe Biden and the Democrats is driving the huge cost of living rates that are impacting many Americans, experts are warning. The issue is specifically impacting the real estate market. Biden’s push for huge government spending has contributed to higher interest rates across the…

Americans’ Home Payments Have Soared Under Biden

A new analysis has revealed the soaring cost of living increases that Americans have suffered under Democrat President Joe Biden's so-called "Bidenomics." When Biden first assumed office in 2021, the average monthly new home payment was $1,915. However, this figure skyrocketed to $3,322 as of the third quarter of 2023.…