US Trade Deficit Hits All-Time High
During the year of 2021, to date, the US has imported a whopping $258.886 billion worth of goods and services from China.
Tag: the economy
White House Backtracks, Says Pandemic Unemployment Boost May Not Expire in Sept. After All
White House press secretary Jen Psaki indicated that Biden might not let enhanced federal unemployment benefits expire next month as planned.
CA Animal Rights Law Kicks In Soon, Now State Faces China-Style Pork Shortage as Just 4% of Hogs Make Cut
In an upsetting turn of events, the greatest breakfast meat of all time now faces shortages in California due to the wrath of progressives.
Newt Gingrich: AOC and Fellow Dems Are Living in an Economic 'Fantasy' as Inflation Spirals
'It's a fantasy, so we're in a situation right now where we're on the edge, I think, of significant inflation.'
Buttigieg, Husband Say They Can Barely Afford 1-Bedroom DC Apartment Despite $221,000 Salary
'Hilarious how Mr. Wine Cave Buttigieg is whining that he ONLY makes $221,400 a year,' one Twitter user remarked.
Biden Scolds Small Business Owner, Tells Him to Pay $15/Hr if He Wants to Hire People
Biden said he saw 'no evidence' expanded unemployment benefits 'had any serious impact' on people choosing to stay home, rather than work.
Biden Implies His Own Treasury Secretary Isn't a 'Serious Economist' While Trying to Ease Inflation Fears
'There's nobody suggesting there's unchecked inflation on the way, no serious economist,' Biden said, contradicting Yellen.
Inflation Unexpectedly Hits Highest Rate in 13 Years in New Labor Dept. Report
New federal data shows the largest increase in the consumer price index since 2008 as inflation rises faster than expected.
Fed Report Confirms We Were Right: People Aren't Working Because of Gov't Handouts
'With economic activity rebounding, labor demand rose briskly in the spring, while the supply of labor struggled to keep up.'
McConnell: Dems 'Big Idea' is to 'Inflate Their Way Out of Inflation'
Sen. Mitch McConnell called out Democrats for attempting to alleviate rising costs - caused by inflation - by creating more economic inflation.
Biden Tries to Cover Up Sky-High Gas Prices by Bragging About 16-Cent Savings on July 4 BBQ
As Independence Day approaches, the United States faces rising inflation and higher prices on many common commodities.
With Food Shortage Only Getting Worse, Biden Urges Farmers to Take Fields out of Production to Slow Climate Change
The US is the world's largest producer and exporter of food, but the Biden administration's 'climate change' agenda could undermine that.
Poll: Americans Are Increasingly Unhappy with Biden's Actions on the Economy and Guns
A new poll found that American are getting restive with Joe Biden's policies six months into his presidency.
Home Prices Soar to New Record, But Coming Foreclosures May Trigger a Crash
Foreclosures could soon flood the market all at once, with a resulting crash in housing prices all but guaranteed.
Top Democrat Defends Outrageous Spending, Says America 'Cannot Go Back to Pre-Pandemic Normal'
House Democratic Caucus Chair Hakeem Jeffries said the only logical way for America to proceed from this pandemic is to spend more money.
Biden's Labor Crisis: Texas Fast Food Chain Paying Teens $50K a Year in Attempt to Retain Workers
The overly generous unemployment benefits extended by the Biden administration have hampered the economic recovery.
American Airlines to Cancel Nearly 2,000 Flights Despite Receiving Billions
Despite receiving billions in government aid, American Airlines still laid off 19,000 employees and is now canceling nearly 2,000 flights.
American Families to Joe Biden: We're Disgusted with Your 'Twisted' 'Death Tax'
'You see the farmers, the average Joes, someone whose property really has appreciated, what do they do to be able to afford the taxes?'
Weekly Unemployment Numbers Surge Much Higher Than Economists Were Expecting
'The Biden economy is getting worse. Jobless claims jump despite almost all businesses having help wanted signs.'
New Biden Tax Proposal Would Threaten 568K Jobs, Stifle Real Estate Market
Nearly five months after the Keystone XL debacle,Biden has a new proposal that could be even more destructive for everyday Americans.
Sen. Graham Admits Unemployment Benefits Are So High Members of His Own Family Aren't Working
'There's a lot of jobs out there that are unfilled and will never be filled until you change the benefit structure.'