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Joe Biden Slams Republicans For ‘All Of A Sudden’ Showing Fiscal Restraint

Joe Biden Slams Republicans For ‘All Of A Sudden’ Showing Fiscal Restraint

On Friday, President Joe Biden defended his administration’s $1.9 trillion coronavirus relief plan and stressed that now is not the time for fiscal conservatism. Per CNBC, speaking from the White House, Biden said that he tried to work with Republicans but gave up on the idea because they insisted on a smaller package. “I’d like […]

3y ago

US Unemployment Rate Drops To 6.3 Percent As 49,000 Jobs Added In January

US Unemployment Rate Drops To 6.3 Percent As 49,000 Jobs Added In January

January saw the United States add 49,000 jobs as the unemployment rate dropped to 6.3 percent, as reported by Yahoo! Finance. This signals a 0.4 percent drop in the rate, according to the Labor Department. Friday’s release of data reveals that the economy appears to once again be heading toward recovery after jobs declined in […]

3y ago

Joe Biden’s Top Economic Aide Admits The US Economy Is ‘Spiraling Downward’

Joe Biden’s Top Economic Aide Admits The US Economy Is ‘Spiraling Downward’

President-elect Joe Biden’s director of the National Economic Council has warned that the U.S. economy is “spiraling downward” after facing record unemployment numbers and businesses that have been damaged if not completely destroyed due to the novel coronavirus pandemic. According to Bloomberg, top economic adviser Brian Deese stated on Sunday morning that decisive action will […]

3y ago

Donald Trump Forecasts ‘Greatest Economic Year In History’ Via Twitter

Donald Trump Forecasts ‘Greatest Economic Year In History’ Via Twitter

President Donald Trump continued to tout the manner in which the American economy has performed under his watch via Twitter on Saturday, while predicting record growth in 2021. In the tweet, the president opined that the U.S. had outperformed every other nation in the world in its recovery amid the COVID-19 pandemic. “Our ECONOMY is […]

4y ago

Joe Biden Campaign Releases Slew Of Swing State Ads Slamming Donald Trump On Economy

Joe Biden Campaign Releases Slew Of Swing State Ads Slamming Donald Trump On Economy

Democratic presidential nominee Joe Biden is releasing a slew of advertisements slamming President Donald Trump’s handling of the economy, The Hill reported Wednesday. The ads will target voters in the key battleground states of Arizona, North Carolina, and Pennsylvania. The brief video clips feature statements from small business owners who have been impacted by the […]

4y ago

Donald Trump Ally Stephen Moore Says Joe Biden Will Bring A ‘Left-Wing Economic Agenda’ If Elected

Donald Trump Ally Stephen Moore Says Joe Biden Will Bring A ‘Left-Wing Economic Agenda’ If Elected

In an interview on Sunday, economist Stephen Moore, an ally of U.S. President Donald Trump, said that the Democratic Party’s presumptive presidential nominee Joe Biden will bring a “left-wing economic agenda” if elected, The Hill reported. Speaking with radio host John Catsimatidis, Moore noted that Trump is trailing Biden in critical battleground states but expressed […]

4y ago

Joe Biden Expands Lead Over Donald Trump In New CNBC Poll

Joe Biden Expands Lead Over Donald Trump In New CNBC Poll

The Democratic Party’s presumptive presidential nominee, Joe Biden, has expanded his national lead over President Donald Trump, according to the June CNBC All-America Economic Survey released on Thursday. The poll found that 47 percent of registered voters support Biden, while 38 percent back Trump. The former vice president’s lead has increased 4 percentage points since […]

4y ago

Donald Trump Advisers Reportedly Concerned Over China Trade Deal

Donald Trump Advisers Reportedly Concerned Over China Trade Deal

Advisers to U.S. President Donald Trump are concerned about future trade deals between China and the United States, The Washington Examiner reported on Saturday. During a press conference on Friday, Trump refused to share details about the so-called phase one trade deal and did not take any questions from reporters. However, the president told Fox […]

4y ago

California Sues Uber And Lyft, Claims Companies Are Misclassifying Drivers As Contractors Instead Of Employees

California Sues Uber And Lyft, Claims Companies Are Misclassifying Drivers As Contractors Instead Of Employees

California’s government has now accused ride-hailing companies Uber and Lyft of breaking a state law by misclassifying their drivers as contractors. As CNBC reports, California Attorney General Xavier Becerra claimed that the popular ride-hailing services denied operators essential employee protections and benefits — entitlements that operators would have access to if classified as employees. These […]

4y ago

Two-Thirds Of Americans Support Wealth Tax On Billionaires, Says Poll

Two-Thirds Of Americans Support Wealth Tax On Billionaires, Says Poll

Progressive politicians — such as Democratic presidential candidates Bernie Sanders and Elizabeth Warren — are often accused of promoting ideas unacceptable to the American public, but polling has cast doubt on this conventional wisdom. According to a new poll from The Hill and HarrisX, around two-thirds of Americans support a wealth tax on billionaires, a […]

4y ago

Donald Trump’s Proposed Budget Would Eliminate Popular Student Loan Forgiveness Program

Donald Trump’s Proposed Budget Would Eliminate Popular Student Loan Forgiveness Program

Donald Trump’s proposed budget would eliminate a popular student loan forgiveness program, a measure that has drawn pushback from critics. The president on Monday released his budget proposal for 2021, which included deep cuts to programs aimed at helping student loan borrowers, CNBC reported. The plan cuts student loan spending by $170 billion and adds […]

4y ago

Shocking New Report Shows Donald Trump’s ‘Blue Collar Boom’ Does Not Exist, Workers’ Real Wages Remained Flat

Shocking New Report Shows Donald Trump’s ‘Blue Collar Boom’ Does Not Exist, Workers’ Real Wages Remained Flat

In his State of the Union address on Tuesday night, Donald Trump boasted that under his presidency, American workers have seen a “blue collar boom.” But a stunning new study by a University of Maryland economist, published by the nonprofit public policy news site The Conversation, shows that since Trump took office, the average real […]

4y ago

Donald Trump Claims U.S. Economy ‘So Far Ahead’ Of China, But Chinese Lead In Crucial Purchasing Power Figure

Donald Trump Claims U.S. Economy ‘So Far Ahead’ Of China, But Chinese Lead In Crucial Purchasing Power Figure

Donald Trump spoke Friday at the “Opportunity Now” summit in Charlotte, North Carolina, where he boasted that the United States’ economy has made a “comeback” during his term and that predictions the U.S. would be overtaken by China have not come true. In fact, Trump said, “we are so far ahead now, we became a […]

4y ago

Greece Attempts To Boost Declining Birthrate With Financial Baby Bonus

Greece Attempts To Boost Declining Birthrate With Financial Baby Bonus

Greece is offering a financial incentive to couples who have babies, in response to projections of a decreasing population that is expected to severely impact the economy, reported The Guardian. The Greek government will be awarding every couple who has a baby with a financial benefit of €2,000 (about $2,200). The baby bonus comes into […]

4y ago

Stunning New Fed Report Shows Donald Trump Tariffs Cost Jobs In American Manufacturing And Drove Prices Higher

Stunning New Fed Report Shows Donald Trump Tariffs Cost Jobs In American Manufacturing And Drove Prices Higher

The punishing tariffs that Donald Trump imposed on imported goods and materials from overseas in 2018 may have helped reduce market competition, giving a boost to some American industries. But whatever benefit the tariffs created was essentially wiped out by the loss of American jobs and increased prices that have held the United States’ manufacturing […]

5y ago

Known Donald Trump Critic Pierce Brosnan Offers Rare Praise For The President’s Handling Of The Economy

Known Donald Trump Critic Pierce Brosnan Offers Rare Praise For The President’s Handling Of The Economy

Legendary four-time James Bond actor Pierce Brosnan, who hasn’t exactly been friendly toward President Donald Trump in past interviews, offered a rare moment of praise for the 45th president, citing his handling of a strong American economy. According to Fox Business, in a recent interview with ITK, Brosnan offered his current thoughts on some of […]

5y ago

Donald Trump’s Approval On Economy Up 7 Points Since Impeachment Inquiry, According To New Poll

Donald Trump’s Approval On Economy Up 7 Points Since Impeachment Inquiry, According To New Poll

Approval of President Donald Trump‘s handling of the U.S. economy has risen 7 points since the start of the impeachment inquiry, according to a new CNBC poll released on Wednesday. The poll shows that 49 percent of Americans said they approve of the president’s handling of the economy, up from 42 percent in September. Another […]

5y ago

New Donald Trump Social Security Rule Changes Could Slash Disability Payments For Thousands Of Americans

New Donald Trump Social Security Rule Changes Could Slash Disability Payments For Thousands Of Americans

About a week after finalizing a new rule change that is projected to kick about 3.7 million Americans out of the Supplemental Nutrition Assistance Program, also known as “food stamps,” a new report says that the Donald Trump administration is about to make Social Security disability benefits for thousands of Americans who are unable to […]

5y ago

Donald Trump Is Reportedly Eyeing New Tax Cuts Ahead Of 2020 Election

Donald Trump Is Reportedly Eyeing New Tax Cuts Ahead Of 2020 Election

White House officials and congressional Republicans are working on a new tax cut proposal, according to a report from The Washington Post. The talks are still in early stages, but President Donald Trump is reportedly adamant to release another package of economic stimuli before the 2020 presidential election. The president, those familiar with his thinking […]

5y ago

Bernie Sanders Releases Plan That Would Give Workers Ownership Stake In Corporate America, Democratize Boards

Bernie Sanders Releases Plan That Would Give Workers Ownership Stake In Corporate America, Democratize Boards

On Monday, Democratic presidential candidate Bernie Sanders released a sweeping plan that would, he claims, level the playing field for working class Americans and “help create an economy that works for all.” Available in full at berniesanders.com, the candidate’s official campaign page, the plan details a set of reforms that would fundamentally restructure the American […]

5y ago

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