Inflation
BREAKING: GDP Shrank 0.9% in Q2, Marking Second Consecutive Quarter of U.S. Economy Contraction
It’s official: We’re in a recession. But it could have been worse. On Thursday, the U.S. Bureau of Economic Analysis revealed that the U.S. gross domestic product (GDP) shrank another 0.9% in the second quarter of 2022. For the full article, click here.
Janet Yellen says inflation ‘unacceptably high’ after alarming June data
Treasury Secretary Janet Yellen admitted Thursday that inflation is “unacceptably high” in her first public comments since the release of federal data showing prices surged by a four-decade high of 9.1% in June. For the full article, click here.
Will Joe Biden be fried by the Economy and inflation? – Dr Boyce Watkins
Leo Terrell: Biden admin has looked the other way on ‘Democratic-sponsored’ crime
YoungRippa59: These people absolutely DESPISE you
Bad Faith: The Cure for Inflation: Price Caps? (w/ Richard Wolff)
WaPo’s Singletary: ‘Stop Complaining,’ ‘Calm Down’ About Inflation — You Are ‘Not Suffering’
Washington Post columnist Michelle Singletary said Wednesday on MSNBC’s “Chris Jansing Reports” that many Americans were “not suffering” as much as they think from inflation. For the full article, click here.
‘Bang The Gavel All You Want, I Don’t Really Care’: Byron Donalds Clashes With Carolyn Maloney
US recession this year ‘more likely than not,’ analysts warn
The US economy is more likely than not to sink into a recession this year as the Federal Reserve tightens monetary policy in its bid to cool decades-high inflation, economists warned Monday. For the full article, click here.