by Daniel White | Oct 17, 2022 | Economy
October 17, 2022 Despite a slight uptick recently, the U.S. consumer confidence index has been steadily falling: President Biden denies we’re in a recession, even though we just went through two consecutive quarters of negative economic growth, which many consider to...
by Daniel White | Oct 10, 2022 | Economy
October 10, 2022 We’ve been told inflation is at a 40-year high. That’s bad enough, but if it’s calculated using traditional methods, the outlook is even worse. At the end of June, the Consumer Price Index (CPI) stood at 9.1%. That was the biggest 12-month price...
by Daniel White | Oct 3, 2022 | Economy
October 03, 2022 President Biden’s student loan forgiveness plan wipes away $10,000 or $20,000 per student, depending on the type of loan, for people making $125,000 or less ($250,000 or less for married couples). It’s estimated to cost at least $400 billion but will...
by Daniel White | Sep 26, 2022 | Economy
September 26, 2022 See the man behind the curtain? Pay no attention to him. We’ve heard that one before, back in Oz, right? Well, as the government points to one month of favorable employment figures, it’s essentially telling us exactly that – we can’t be in a...
by Daniel White | Sep 19, 2022 | Economy
September 19, 2022 The nasty ripple effects of inflation can spread wide and we’re seeing it now with American households. The continual rising prices, especially on necessities like food and gas, are starting to eat into the average American’s finances. For example,...