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February 21, 2023
Former President Barack Obama’s National Economic Council Director sounded the alarm on the Federal Reserve’s inability to tame inflation and warned about “a collision or crash down the road.”
Economist Larry Summers warned the public in a Saturday…
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April 4, 2022
President Barack Obama’s former director of the National Economic Council Lawrence Summers blasted the Federal Reserve for pushing fairy tales on inflation. Summers criticized “the Fed’s current forecast” of a massive drop in inflation during the…
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March 15, 2022
Economist Lawrence Summers tore into President Joe Biden for redirecting the blame for America’s inflation crisis.
Summers, Obama’s former National Economic Council director, said Biden was flat-out “wrong” to blame inflation on Russia’s…
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May 10, 2021
CNN recently had a rough day when it conceded realities that underscored why President Joe Biden’s stimulus monstrosity was proving to be a disaster for the economy.
CNN co-anchor Brianna Keilar admitted that a “debate erupted this week over the…
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April 13, 2021
A number of major news organizations worldwide, ranging from Scientific American and The Columbia Journalism Review to The Guardian and Al Jazeera, have signed a pledge to begin referring to “climate change”…
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February 8, 2021
One of former President Barack Obama’s National Economic Council directors shocked the internet by criticizing the enormity of President Joe Biden’s $1.9 trillion COVID relief proposal.
Progressive economist Larry Summers argued in a Feb. 4 op-ed…
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May 7, 2020
UPDATE: Ana Navarro responded to this story on Twitter, deflecting once again from the conflict of interest problem and instead spewed a "false accusation" against the president. Navarro said: "Damn right, I donated to @JoeBiden. I…
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June 13, 2019
The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.
Economics editor Peter Coy…
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March 12, 2019
There was good news in the latest jobs report. The national unemployment rate fell back to 3.8 percent in February, although the numbers of jobs added was well below expectations. The Hispanic unemployment rate also fell to a new record low of 4.3…
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August 30, 2018
Stocks set records, consumer confidence shot up, and economic growth estimates were revised up.
These three good economic news stories happened back to back to back on Aug. 27-29. Meanwhile, ABC World News Tonight, CBS Evening News and NBC Nightly…