Inflation Archives

Bernie Sanders: Democrats Must Admit Americans Are in ‘Rough Shape,’ ‘Wages Not Keeping up with Inflation’

Sen. Bernie Sanders (I-VT) has highlighted the declining state of the economy under President Joe Biden and warned Democrats they must admit that Americans are in "rough shape." On Monday, Sanders said he does not believe the passage of the Inflation Reduction Act is enough of an achievement to help…

Larry Kudlow Drops Hammer: Biden’s ‘Woke’ Economics and ‘Remarkable Incompetence’ Destroyed Economy

Larry Kudlow has dropped the hammer on Joe Biden, warning that the Democrat president's "remarkable incompetence" and “woke, progressive” economics have destroyed the U.S. economy. Kudlow, the former director of the U.S. National Economic Council, hammered Biden's handling of the economy during an appearance on Fox News's "The Ingraham Angle"…

Biden Demands Gas Stations Drop Prices amid Seventh Consecutive Day of Rises: ‘Do It Now!’

Democrat President Joe Biden is demanding that gas stations drop their prices as the United States records its seventh consecutive day of rises. During a White House meeting on Monday, Biden demanded that gas stations, banks, and cell phone services drop their prices to help consumers amid soaring inflation. The…

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk has issued a warning to the American people that Democrat President Joe Biden's Federal Reserve is tanking the US economy. The warning from Musk comes amid rising concern about the Fed's poor monetary policy. On Monday, Wharton Business School professor Jeremy Siegel criticized the Federal Reserve and its…

House Committee Hears Biden’s ‘Bizarre’ Take on How Prices Work: ‘White House Now Measuring Inflation in Inches’

Lawmakers have tried to dissect Democrat President Joe Biden's "bizarre" take on how prices work during a House Oversight Committee hearing. The blowback from Biden’s weekend remarks about prices rising “just an inch, hardly at all” continued during the week. During a session on Sept. 22 on corporate profiteering, the…

John Kerry Comes Clean about IRA, Sinks Biden: ‘I’m Not Sure How Much It Has to Do with Inflation’

U.S. climate envoy John Kerry has dealt a huge blow to President Joe Biden and the Democrats by admitting that the Inflation Reduction Act (IRA) doesn't have "much" to "do with inflation." The IRA bill has been widely criticized because most believe it would do nothing lower inflation. The Biden…

Janet Yellen: America Needs ‘Some Good Luck’ to Avoid Hard-Landing into Recession

Democrat President Joe Biden's Treasury Secretary Janet Yellen has stated that America needs "some good luck" if the economy is to avoid hard-landing into a recession. Speaking during an interview with CNN on Sunday, Yellen failed to inspire confidence that the Federal Reserve is going to steer the United States…

ECB Raises Interest Rates Further as Inflation Soars in Eurozone

The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding. The move comes as policymakers in the Eurozone scramble to stem the tide of rising inflation throughout the region. Initially, ECB policymakers were divided between a 50 and a 75…

Fed May Require 7.5 Percent Unemployment to Lower Inflation

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested. According to a team of researchers from the International Monetary Fund (IMF), huge job losses may be necessary to bring inflation…

Food Bank Demand Soars as American Families Battle Inflation

The demand for food banks is soaring across the country as American families battle red-hot inflation in Democrat President Joe Biden's economy. Long queues have been forming outside food banks as households can barely afford to buy essential items at grocery stores while their finances are being crushed by inflation.…