Joe Biden went on prime time this week to promote his COVID-19 plans. For a guy who promises to be honest with the public, he’s off to a terrible start. Since mainstream media fact-checkers are now on their four-year vacation, we’ll set the record straight on several key claims he made. 1) “You will see it very clearly if you examine what the twin crises of pandemic and this sinking economy have laid bare.” Sinking economy? Where has Biden been for the past six months? As the Bureau of Economic Analysis has already reported, the economy grew at a stunning … Continue reading →
Market Watch 666 For 17January 2021
December s consumer & producer prices, retail sales, and industrial production; November s business inventories and JOLTS
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The week also saw the release of the first regional Fed manufacturing survey for January: the Empire State Manufacturing Survey from the New York Fed, which covers all of New York state, one county in Connecticut, Puerto Rico and northern New Jersey, reported their headline general business conditions index fell from +6.3 in November and from +4.7 in December to +3.5 in January, suggesting somewhat sluggish growth of First District manufacturing.
Greater Seattle Partners (GSP) today announced that the Seattle metro area economy has become the 10th largest regional economy in the country, surpassing the
The strength of the American middle class is a common point of focus among politicians and analysts, as it was during this most recent presidential election.
The U.S. economy is struggling as we mark the end of the fourth and final year of President Donald Trump’s term, and he has sustained little of what he promised on the campaign trail. Four years ago, I began writing annual assessments of how well the president fulfilled his economic promises. But all he’s done is prove that no matter who is president, the occupant of the White House is largely powerless when it comes to managing free markets..