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Herbert Stein was an American pointy-head type who dabbled in the dismal science--economics. He was called the liberal's conservative and the conservative's liberal. Which fit him nicely in the Nixon/Ford administration(s). Herbert Stein may be best known today for saying if something can't last forever, it will stop.
Joe Biden's approval in office as measured by opinion polls has been on a more or less steady downward trajectory since about March of 2021. I was told no math would be involved this morning, but that's roughly since his second month in office. The Pew Research Center posted a good collection of polling data as of January 25 here. As Pew puts it, 'his approval rating continues to decline
No one likes to talk about it, but that doesn't excuse us.
Oil prices are showing signs of overheating as traders anticipate a severe shortage of petroleum this year: inventories are already low and there is little spare capacity to raise production in the short term. Spot prices are climbing rapidly and the futures market has moved into one of the most extreme backwardations in the last ...
Though he has—at last—recently acknowledged that high inflation isn’t quite so “transitory” after all, Federal Reserve Chairman Jerome ...