The Biden administration is being slammed for attempting to change the definition of an economic recession, just ahead of the upcoming second-quarter GDP data that are expected to show contraction. An economy is usually considered to be in a recession if it registers two consecutive quarters of GDP declines. A July 21 White House statement…
White House Gets Criticized for Trying to Change Definition of Recession
Democrats’ Opposition to Fossil Fuels is Political: Grover Norquist
Political activist Grover Norquist is not convinced that Democrats’ opposition to fossil fuels is about the environment. “It’s completely political because if you look at it, it’s not just that they don’t like fossil fuels, meaning gasoline,” he said. “They also don’t like nuclear power. Well, nuclear power has no carbon in it.” Norquist, president…
Grover Norquist on How Republicans Plan to Fight Inflation
Grover Norquist is an American political activist and tax reduction advocate. He is the founder and president of Americans for Tax Reform, an organization that opposes all tax increases. Norquist founded the group in 1985 at President Reagan’s request. The group’s Taxpayer Protection Pledge has been signed by 125 sitting members of Congress. Norquist sat…
Shanghai Backlogs May Hit Supply Chains; Norquist: Economy Needs Pro-Growth Policies | NTD Business
China reports its new G-D-P number today, what is it and how is the severe lockdown there impacting its economy and Americans? we ask an expert. It’s tax day, we talk to Grover Norquist, president of Americans for Tax Reform, long time advocate of tax reduction, about how to tackle inflation, and rein in government spending. Power companies…
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