The Federal Reserve is a fraud that doesn’t seem to know what inflation actually is

Why is Jerome Powell talking about keeping interest rates high in the face of a potentially slowing economy when he’s spent the last three years trying to slow the economy to fight inflation? “We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Federal Reserve Chairman Jerome Powell said… Continue reading The Federal Reserve is a fraud that doesn’t seem to know what inflation actually is

Everyone knows the economy sucks except Joe Biden

In the face of obvious economic turmoil and a shrinking economy that affects every American, the President has adopted a novel strategy:  Tell everyone the economy is awesome and he’s doing a great job anyway, and then scream about all the supposed lies being told about why he messed it up in the first place. … Continue reading Everyone knows the economy sucks except Joe Biden

Unexpected shrinkage: Welcome to the Biden Recession

The economy officially shrunk in the first quarter despite the steady drumbeat of supposedly positive news from the administration and the mainstream media.  Economists continue to insist the odds of a recession are low, though we may be in the middle of one already.  Some seem to believe the economy is great, but the people… Continue reading Unexpected shrinkage: Welcome to the Biden Recession