Recession

Economist Lawrence Summers tore into President Joe Biden for redirecting the blame for America’s inflation crisis. Summers, Obama’s former National Economic Council director, said Biden was flat-out “wrong” to blame inflation on Russia’s invasion of Ukraine during a March 11 segment on Bloomberg TV’s Wall Street Week.

CNBC’s on-air editor Rick Santelli has had it with the Biden administration’s gaslighting on the skyrocketing inflation plaguing the U.S. economy. The Bureau of Labor Statistics released a report March 10 showing that inflation shot up 7.9 percent on a year-to-year basis in February for the highest level in more than 40 years and slightly beat expectations.

The ABC, CBS and NBC evening news shows buried a report showing that most Americans currently live paycheck to paycheck as the cost of living continues to skyrocket. Fintech marketplace bank LendingClub released a report March 3, which stated that “[t]he number of consumers living paycheck to paycheck has increased steadily since April 2021 and was 64% in January 2022 – 12 percentage points…

CNN went all out to hype a small decrease in gas prices in December as a sign of better days. Now that gas prices have skyrocketed, the network’s twisted coverage deserves revisiting.

An economic analyst for MSNBC’s Morning Joe ripped President Joe Biden for evading his responsibility behind the current inflation crisis.

A new Gallup poll shows the cratering view the American people have taken of the U.S. economy under President Joe Biden. The Big Three evening news networks buried it for nearly a week.

The eco doom-mongering TIME magazine virtue-signaled that the U.S. needs to fight climate change if it's serious about fighting inflation. Really. The rag published a bonkers Feb. 3 article headlined, “If the U.S. Wants to Fully Tackle Inflation, It Needs to Tackle Climate Change.” After blaming consumers in part for driving the worst inflation seen in nearly 40 years, along with…

The ABC, CBS and NBC evening networks committed one of the most egregious acts of news censorship by ignoring the U.S. debt topping $30 trillion for the first time ever.

The Dow Jones industrial average took an icy plunge of more than 1,000 points on Monday — its worst start “ever” — but ABC, NBC, and CBS chose to whitewash the shocking news and gave the story just minutes of coverage.

Early Monday evening, following remarks at the start of a White House Competition Council meeting, President Biden lashed out at Fox News White House correspondent Peter Doocy as “a stupid son of a bitch” and mocked inflation as “a great asset” to the economy. After the remarks, Doocy joined FNC's The Five and handled it with plenty of class and humor, which were two things that the…

President Joe Biden announced a minimum wage hike to $15 per hour, and naturally, The New York Times took the side of Big Government mandates. This follows the bad economic news for Americans under the Biden regime: rapidly rising inflation, empty grocery store shelves and “a shrinking workforce.” 

CNN tried to normalize the communist idea of the government controlling the prices of food and gas as a way to combat inflation. The idea was so bonkers, CNN even admitted that economists have largely panned the suggestion.

A top economist at the ADP Research Institute slapped down the asinine leftist narrative that the United States is experiencing explosive jobs growth. ADP Chief Economist Nela Richardson joined CNBC Squawk Box following the shocking news Jan.12 that inflation had spiked a whopping 7 percent year-over-year in December, the highest level since 1982.

NBC Senior Business Correspondent Stephanie Ruhle is having a tough few days. She can no longer dismiss skyrocketing inflation as just a minor occurrence that Americans can afford. “KABOOM!” That’s the word Ruhle used to describe inflation spiking an eye-popping 7 percent year-over-year during MSNBC’s Morning Joe on Wednesday. Ruhle stated that the increase was the “biggest…