Wages & Prices

Entrepreneur and business magnate Elon Musk, the CEO of Tesla and SpaceX, said the "obvious reason" for inflation in the United States is that the federal government printed way too much money that it did not have to stimulate the economy, which increased demand but supply (goods and services) could not keep up -- thus, the prices went up. 

Univision's newest host, journalist Luis Carlos Vélez, closed his nightly Línea de Fuego ("Firing Line") broadcast with a scathing indictment of President Joe Biden's response to the ongoing inflationary crisis.

It’s the Roaring ‘20s once more. That’s what The New York Times claimed as high gas prices, 40-year record inflation and a border crisis dominate the lives of ordinary Americans. 

On Thursday the Bureau of Economic Analysis (BEA) reported that the United States’ Gross Domestic Product contracted 1.4 percent in the first quarter of 2022, a full 2.4 percent off from economists' expectations. 

On Friday’s edition of Reliable Sources Daily on CNN+, Brian Stelter wanted to talk about the “subject that affects every other subject: diversity in media.” But what he meant by “diversity” didn’t immediately include a diversity of ideology or thought, to include more conservative-minded people in the newsroom, but rather it was about race and alleged racial disparity in newsroom pay…

Hump Day marked a tough day for Jen Psaki as she reportedly careens toward the series finale of The Psaki Show as the White House press secretary faced tough questions on inflation and another off-the-cuff remark from President Biden about Russia’s unprovoked war against Ukraine, including one that questioned whether there needs to be “an asterisk next to anything that the President says.”

On Tuesday morning the Labor Department reported that inflation has risen at the fastest pace since 1981, soaring to 8.5 percent year over year. But it appears for now that the media is done letting President Biden get away with blaming Russian President Vladimir Putin for the devastating increase in prices. More evidence of this was during a report on NBC Nightly News where chief…

Moments after the release of March’s Consumer Price Index (CPI) showing 8.5 percent inflation and a 1.2 percent rise from February, MSNBC’s 11th Hour host and unofficial Team Biden cheerleader Stephanie Ruhle was left to be the bearer of bad news (as NBC’s chief economic analyst) for her fellow liberals on the cast of MSNBC’s Morning Joe.

On Monday, The Blaze’s Carlos Garcia reported on how “Washington Post columnist Jennifer Rubin was hammered on social media for giving a defense of the economy under President Joe Biden in her newest column.” He noted her laughable claim “that if inflation were not a factor that Biden’s ‘economic performance’ would be ‘unmatched.’”

It’s an old Washington political trick. When you’re in trouble, change the subject. When President Biden’s poll numbers are low and falling, when the economy has produced the worst inflation in four decades and gas prices in some states have reached record highs, when he claims we should expect food shortages and produces gaffes instead of gas and then refuses to walk them back, even after…

New York Times economist Paul Krugman seems to be a glutton for punishment to his already pathetic track record of atrocious economic predictions. Krugman is back trying to gaslight Americans over the 40-year high inflation crisis — again — in an op-ed headlined, “How High Inflation Will Come Down.”

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.

On Sunday’s This Week, the mostly liberal “PowerHouse Roundtable” couldn’t handle the fact that the results of a ABC/IPSOS poll showed over sixty percent of Americans disapprove of President Biden’s handling of gas prices. 

On Friday, NBC’s Today show went all in pushing false White House spin that months of record-high inflation and soaring gas prices were somehow exclusively caused by the two-week-old war in Ukraine rather than bad economic policy from the Biden administration. The coverage even parroted the President’s dishonest talking points word for word by repeating the phrase “Putin’s price hike…