President Biden’s economy is worse than we thought. The real gross domestic product (GDP) decreased at an annual rate of 1.6% in the first quarter of 2022, according to a twice-revised estimate released by the Bureau of Economic Analysis. This comes at a time when the second quarter GDP is on track to grow less than 1%, according to the latest Wall Street estimates.
BIDEN’S… Read more »
According to the American Farm Bureau Federation (AFBF), American families will spend 17% more this year on Fourth of July celebrations compared to last year.
The AFBF detailed how Biden’s economic crisis and historic energy crisis are crushing Americans’ producers, leading to higher costs for consumers:
“Despite higher food prices, the supply chain disruptions and… Read more »
As rising costs continue to outpace Americans’ wages, families are burning through crucial emergency and retirement funds to stay afloat in Joe Biden’s America. According to two new surveys, 67% of Americans are now draining their savings and a quarter of Americans are reporting they will delay their retirement because of this 40-year high inflation.
MAKE NO MISTAKE:… Read more »
On Wednesday, Federal Reserve Chairman Jerome Powell confirmed that the 40-year high inflation and historic gas prices facing American families today were already skyrocketing before Russia’s invasion of Ukraine, affirming what Americans have known all along, this is the Biden Price Hike.
MAKE NO MISTAKE: Americans are experiencing the catastrophic economic result of Joe Biden and… Read more »
After a year of largely ignoring America's economic crisis, House Democrats invited senior Biden White House officials to come to the Capitol today to brief their Members at a special caucus on how "to talk about economic messaging," and it was a DISASTER.
Politico's Sarah Ferris reported that the meeting was not what House Democrats were hoping for and that the senior Biden officials… Read more »
Even as America’s producers and families grapple with the highest inflation in 40 years, skyrocketing energy costs, and a supply chain crisis, the Biden administration has continued to place needless red-tape and barriers in the way of farmers and ranchers. A new survey conducted in June shows that farmer sentiment has plummeted to the lowest reading since the 2020 COVID lockdown as… Read more »
Yesterday, John Kerry, who serves as Biden’s special presidential envoy for climate, said “we absolutely don’t” need continued oil and gas drilling—even as Americans pay an extra $160 a month on historic gas prices.
Sadly, House Democrats are in lockstep with this administration’s failed Far-Left agenda. Yesterday, they blocked House… Read more »
As Democrats continue their partisan made-for-TV hearings, Americans are struggling to pay the staggering price of inflation and historic gas prices. According to a new Moody’s Analytics analysis, American households are now paying an extra $460 a month on Biden’s inflation tax.
In addition, gas prices are maintaining their new record high of $5.01 a gallon, forcing Americans… Read more »
The Consumer Price Index (CPI), a key inflation index, hit its highest rate in OVER 40-years high in May. The CPI increased 8.6% over the past 12 months, its highest rate since December 1981.
MAKE NO MISTAKE: Inflation is a tax on ALL Americans, and it has steadily increased over the span of Joe Biden’s failed presidency. As inflation has continued to skyrocket, wages have actually… Read more »
After months of delay, Joe Biden’s Federal Drug Administration has finally reached a deal to allow Abbott Nutrition to resume production of baby formula at its Sturgis, Michigan plant. According to the Associated Press, “it will be well over a month before any new products ship from the site to help alleviate the national shortage facing parents,” and still the White… Read more »
