Economists expected inflation to rise by 7% in December. Inflation rose at the fastest pace in nearly four decades in December, as rapid price gains fueled consumer fears about the economy and sent President Biden’s approval rating tumbling. The consumer price index rose 7% in December from a year ago, according to a new Labor…
Economists expected payrolls to increase by 550,000 in November. U.S. job growth significantly undershot expectations in November, suggesting that difficulty in attracting new workers is weighing on the labor market’s recovery from the pandemic, even as COVID-19 cases dissipated nationwide. The Labor Department said in its monthly payroll report released Friday that payrolls in November…
Each year, hundreds of thousands of illegal aliens deliberately violate our nation’s laws by unlawfully crossing U.S. borders. We now have 14.5 Million Illegals in the US (minimum) and their cost to US Taxpayers is now $133.7 BILLION. This figure takes into account Federal, State and Local costs minus all of the taxes paid by…
ECONOMIC REPORT The numbers: The cost of living rose sharply again in October as Americans paid more for staples such as gas and groceries, pushing the rate of inflation to a nearly 31-year high and adding financial pressure on U.S. households. The consumer price index jumped 0.9% last month, the government said Wednesday. Economists polled…
President Biden is committed to Democrats’ radical climate agenda. So much so that next week, he and nearly all his Cabinet are traveling to the United Nations’ Climate Change Conference to lobby for a global Green New Deal. Biden’s trip comes while his proposed $5.5 trillion spending spree – that’s full of wasteful, reckless and…
Democrats have not realised how serious the problem is. America has a lot of free stuff. Get to the United States and you will be able to have nearly everything taken care of by the U.S. government. That seems to be the prevailing wisdom held by many migrants who make the journey from Central America…
Greetings from Tyler, Southwest canceled hundreds of flights, leaving thousands of travelers stranded, then blamed everything from the weather to over-burdened control towers. Surprisingly, no other airlines had the same weather or traffic problems. It officially had nothing to do with pilots refusing the mandated vaccines. You’re required to believe that. Then it was the…
President Biden is set to promote COVID-19 vaccine mandates for businesses during his rescheduled visit to Chicago Thursday, where he is set to meet with leaders in both the private and public sector, and will stress that those requirements will “accelerate” the end of the coronavirus pandemic. The president is set to meet with leaders in Chicago who have implemented vaccine…
A “Help Wanted” sign is posted in front of a business on Feb. 4 in Miami. Although millions are unemployed, some businesses that require being on-site are struggling to find workers. –Joe Raedle/Getty Images At a time when millions of Americans are unemployed, businessman Bill Martin has a head-scratching problem: He’s got plenty of jobs…