U.S. economy – Page 16 – XtremeCuztoms

Labor Markets Are Fragile and Beginning to Break

Commentary The Biden administration’s main talking point against the existence of recession is the unemployment rate. Sadly, a “rate” never hired or paid anyone. In the real world, there are signs of growing strains once you disaggregate the data by income expectations, gender, and other factors. There is no shortage of jobs available in lower-wage…

The Dems’ New Proposal Does Nothing to Lower Inflation

Commentary The first thing to remember about the reconciliation bill Sens. Joe Manchin and Chuck Schumer agreed to Wednesday is that, despite its utterly preposterous name, it has absolutely zero to do with inflation. The Inflation Reduction Act of 2022 is crammed with the very same spending, corporate welfare, price fixing and tax hikes that…

American Prosperity Is Falling Apart

Commentary The debate about whether we are in a recession—it dominated the news over the weekend—has become a war of words with high political significance but low real-world meaning for the average person. The real story is about what people are doing to survive the times. They are bailing on high-end groceries and raiding the…

It’s Worse Than Anyone Wants to Admit

Commentary Yesterday’s news was entirely consumed in the throes of another definition change. What everyone understood as what it means to be in recession has been suddenly changed by government edict. It’s not a recession, they say. Everything is going just great, they say, unless you are among the troglodytes who desire plentiful and low-priced…

Sen. Rand Paul Warns Against Democrats’ Plan to Raise Taxes Amid Inflation

The economic crisis facing the nation is disproportionately hurting small businesses. Mom and pop shops are struggling to stay afloat in the face of historic levels of inflation. Against this backdrop, Democrats have proposed raising taxes on pass-through entities—small businesses, including sole proprietorships, partnerships, limited liability companies, and S corporations. To Sen. Rand Paul (R-Ky.)…

Recession? They Will Tell Us That It’s Misinformation

Commentary Last week, this space speculated that the next recession may never be called what it is. Government agencies rely entirely on the National Bureau for Economic Research to call it either way. In October 2020, the NBER posted a clarification that it does not accept the textbook definition of two successive quarters of output…

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Tag: U.S. economy

Labor Markets Are Fragile and Beginning to Break

The Lockdowns Kicked Off This Depression

The Dems’ New Proposal Does Nothing to Lower Inflation

American Prosperity Is Falling Apart

Capitol Report (July 29): House Passes Bill to Ban Semi-Automatic Guns; Pelosi Heads to Asia

It’s Worse Than Anyone Wants to Admit

Biden’s GDP Disaster, Among Many Others

A Recession of the Human Spirit

Sen. Rand Paul Warns Against Democrats’ Plan to Raise Taxes Amid Inflation

Recession? They Will Tell Us That It’s Misinformation

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