Update to Senate Majority Leader Chuck Schumer Tees Up A Prescription Drug Pricing Plan That Has ‘President’ Manchin’s Blessing. I know, I know … this could be another prima donna Democratic diva Joe Manchin desperate for attention moment again, he’s making promises he has no intention of ever keeping for media attention, and to run … Read more
The Federal Reserve Board is tasked with two objectives: (1) keep inflation at or below 2% annual growth, and (2) try to achieve full employment. Christopher Leonard, author of “The Lords of Easy Money” and “Kochland” writes, If You Must Point Fingers on Inflation, Here’s Where to Point Them (excerpt): As the midterm elections draw … Read more
The May jobs report was released on Friday, and the good news is that US Added 390,000 Jobs in May as Hiring Remained Robust: U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and rising interest rates. Last month’s gain reflects … Read more
The April jobs number came out last week and showed continued strong job growth. The New York Times reported, Job Growth Shows Continuing Vigor of U.S. Economy: The U.S. economic rebound from the pandemic’s devastation held strong in April with another month of solid job growth. Employers added 428,000 jobs, matching the previous month, the Labor … Read more
Sedition Party members of Congress daily take to the floor of Congress to rail about inflation before the C-Span cameras. Republicans believe inflation is a winning issue for them – just don’t ask them what their plans are for dealing with inflation resulting from supply chain disruptions caused by a global pandemic. They don’t have … Read more