Economy
Does the Federal Govt Need to Own a Third of U.S. Land?
The federal government owns about a third of America. Since we’re on a path to bankruptcy, it would be smart to sell some unused property. President Donald Trump’s Interior Secretary says it may be worth as much as $200 trillion. Selling just a fraction of it would reduce our enormous debt. Not just that -- since government doesn’t manage things well, selling or leasing some would leave it in…
Inflation Remains Below 3.0% for 7th Straight Month in August
Despite rising in August, annual inflation has now remained below the 3.0% level recorded in President Joe Biden’s last month in office in every month of President Donald Trump’s second term, data released Thursday by the U.S. Bureau of Labor Statistics (BLS) show.
New York Times Hardest Hit: BLS Overestimated Biden-Era Jobs by 911K
For all of New York Times chief economics correspondent Ben Casselman’s fussbudgeting over President Donald Trump supposedly compromising the reliability of the Bureau of Labor Statistics, a new report pointing to gross BLS ineptitude just made him look like a complete idiot.
WH: BLS’s -911,000 Job Revision Shows ‘Trump Was Right - Again’
“Today, the BLS released the largest downward revision on record proving that President Trump was right,” White House Press Secretary Karoline Leavitt said Tuesday, noting the significance to Americans of a new employment report issued by the U.S. Bureau of Economic Statistics.
Bloomberg News: Carmakers to Save Billions from Trump Nuking Eco Regs
Who knew that removing ridiculous eco-extremist regulations could help auto manufacturers save money? Even the green freaks at Bloomberg News had to concede that point to President Donald Trump.
NYT Ran Dumb Anti-Trump Conspiracy Theory Ahead of Poor Jobs Numbers
Leave it to The New York Times to still somehow sink itself by stoking a dumb conspiracy theory just before poor economic numbers hit the Trump administration. Just prior to the release of the Bureau of Labor Statistics report showing hiring had stalled in August with only 22,000 jobs added, Times chief economics correspondent Ben Casselman shot his own publication in the…
Krugman Claims Trump Will Worsen Housing Crisis Exacerbated by Biden
It’s pretty hilarious to read economic dunce-in-chief Paul Krugman squawk over President Donald Trump supposedly making a housing crisis that the columnist’s beloved Bidenomics drastically exacerbated in the first place, worse.
Business Gets Back to Business
Over the years, our government has expanded dramatically, all with the objective of improving our lives. Yet, with all of this, confidence that Americans express in our country and its major institutions has plummeted. Of 18 of the nation’s major institutions, per a recent Gallup survey, there are only three in which 50% or more now express a “great deal or quite a lot” of confidence.
MSNBC: 'Stability of Global Economy' Threatened If Lisa Cook Fired!
On MSNBC's The Weekend, co-host Jackie Alemany says, regarding the possible firing of Lisa Cook for having made false statements on multiple mortgage applications, "Not to be dramatic here, but it does sound like the potential stability of the global economy sort of hangs in the balance." One of Cook's lawyers, Norm Eisen, a guest on the show, declines to answer Alemany's simple question: "Did…
Stick To Sports, Pablo! MSNBC Leans on Former ESPNer for Econ Analysis
On Morning Joe, Katty Kay invites former ESPN podcast host Pablo Torre to comment on President Trump's efforts to oust Lisa Cook as a member of the Federal Reserve, and his plans to send federal agents to Chicago to arrest more illegal immigrants. Torre's meandering, messy commentary is a combination of perplexity and pathos.
Surprise! Krugman Doesn’t Know Much About Federal Reserve Law Either
New York Times has-been Paul Krugman has enough trouble trying to sell his bona fides as a serious economist without making himself look more foolish mucking about with issues beyond his imaginary expertise. Federal law as it pertains to the president’s ability to fire Federal Reserve governors is no exception.
Bed, Bath and Beyond California
The much-publicized exchange between Bed Bath & Beyond chairman Marcus Lemonis and California Gov. Gavin Newsom is a lesson for the whole country. We shoppers look back fondly on the marketing acumen that, starting with one store in 1971, built Bed Bath & Beyond into a retail giant that once had 365 stores nationwide.
Not An Inch for Trump: Nets Spike GDP Revision Showing Stronger Growth
The Trump economy just keeps defying all the media crystal ball predictions of economic catastrophe, but the evening networks revealed an impulse to ignore good news that benefits the president.
