Economy Archives - Page 11 of 21

Yellen Admits Inflation Could Get Worse but Has ‘Confidence’ It’ll Get Better, Eventually

Treasury Secretary Janet Yellen has admitted that inflation could get worse but insists that she has "confidence" that price pressures will ease “over the next year or two.” Yellen made the remarks during a Monday interview on NBC News. She said there are “good indications” that inflation will eventually drop…

Ann Coulter Calls Biden’s Bluff, Lands Midterm Knockout Blow

Ann Coulter has just called Democrat President Joe Biden’s bluff and landed a decisive midterm knockout blow. Biden gave a speech today to try to spin away his greatest failure - mismanaging the economy. Rather than offer up economic proposals, Biden tried to scare the American people by claiming Republicans…

US Housing Recession Deepens as Existing Home Sales Fall to 10-Year Low

As the U.S. housing recession worsens, existing home sales have fallen to their slowest pace in 10 years, according to reports. With the exception of the first few months of the pandemic, home sales have now slowed to levels not seen since September 2012. Sales of homes are 23.8 percent…

Jeff Bezos Issues Grim Warning on the Economy: ‘Batten Down the Hatches’

Amazon founder Jeff Bezos has issued a grim warning about where the economy is heading. Despite denials from the Biden administration, the United States economy has met the rule-of-thumb definition of a recession - two consecutive quarters of negative growth. The economy contracted at a 1.6% annualized rate in the first…

Dan Bongino Shuts Down Biden’s Absurd Inflation Claim: ‘Full of Crap All the Time’

Dan Bongino shut down Democrat President Joe Biden’s absurd claim that inflation will get worse if Republicans win control of Congress in the critical midterm elections next month. Biden said in Los Angeles with a straight face: “If Republicans win, inflation’s going to get worse. "It’s that simple. We’ve got…

Elise Stefanik Fires Back at Biden: ‘Shame on His Entire Administration’ for Downplaying Inflation

Republican Rep. Elise Stefanik (R-NY) has fired back at Democrat President Joe Biden for trying to downplay inflation. Stefanik was responding after Biden made an astounding statement that the "economy is strong as hell." While eating ice cream during a much-maligned press event, Biden said: “I’m not concerned about the…

JPMorgan CEO Issues Dire Warning on U.S Economy: ‘Very, Very Serious’

The CEO of America's largest bank, JPMorgan Chase & Co., has issued a dire warning about where the U.S. economy is heading. During a new interview with CNBC reporter Julianna Tatelbaum in London, Jamie Dimon warned that America is on track for a "very, very serious" economic crisis. Dimon warned…

Top Economist Dooms Biden, Warns ‘Totally Avoidable’ Recession Ahead

Renowned economist Mohamed El-Erian has doomed Democrat President Joe Biden, warning that America is heading for a recession that was "totally avoidable." El-Erian, the chief economic adviser for multinational financial services company Allianz, hammered Biden's handling of inflation during an appearance on CBS’s “Face the Nation.” “I fear that we…

Ted Cruz: Biden Is ‘Like a Scared Sixth-Grade Girl’ on Foreign Policy

Senator Ted Cruz (R-TX) has dropped the hammer on Joe Biden over his handling of foreign policy, likening the Democrat president to "a scared sixth-grade girl." During an appearance on Fox Business, Cruz blasted Biden for the multiple global crises that are mounting on his watch. "Joe Biden is the…

Biden Boasts His ‘Economy Has Created 668 Manufacturing Jobs’

Democrat President Joe Biden has boasted that he has created "668 manufacturing jobs" in America since taking office. Biden gloated about his economy during a Thursday speech in Poughkeepsie, New York. The president had traveled to the city to tour the IBM facility. During his visit, Biden delivered remarks on…