If you were to believe the fear mongering ads from Republicans and their affiliated dark money PACs, you would think that the U.S. economy is in a Great Depression with masses of unemployed and long bread lines. The exact opposite is true. Jeff Cox reports for NBC, U.S. economy added 261,000 jobs in October, better … Read more
Good news! The AP reports, US hiring stayed solid in September as employers add 263,000: America’s employers slowed their hiring in September but still added a solid 263,000 jobs — potentially hopeful news that may mean the Federal Reserve’s drive to cool the job market and ease inflation is starting to make progress. Friday’s government … Read more
On Monday, the Washington Post reported, Americans are finally feeling better about the economy: After months of gloom, Americans are finally starting to feel better about the economy and more resigned to inflation. Consumer sentiment, which hit rock bottom in June, has begun inching up in recent weeks. Gas prices are down. Decades-high inflation appears … Read more
The “Biden Boom” has been good for workers, even though too many Americans are of the self-centered attitude of “what have you done for me lately?” Yes, there has been inflation, the direct consequence of a global pandemic, the Russo-Ukraine War, and the impact of extreme weather around the world due to climate change – … Read more
Bloomberg News reports, ‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t Stop Hiking Rates: Global inflation is finally coming off the boil, even if it’s set to remain far too hot for the liking of the world’s central bankers. As [global] economic growth slows, prices for key raw materials — from oil to … Read more