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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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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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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 14, 2019
As if searching for a way to criticize the late 2017 tax cuts, the broadcasts networks aired a series of panicked reports about tax returns in February. Roughly 80 percent of Americans taxes were cut by the legislation, yet the broadcasts complaints…
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July 9, 2018
The June jobs report was more good news for American job seekers. The Bureau of Labor Statistics announced July 6, that 213,000 new jobs were added in June.
That was more than economists expected. The prior two months were also revised up, adding…
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December 4, 2017
While liberals made many different objections to the GOP’s latest tax reform plan, one former Obama and Clinton administration economist claims the plan will literally kill.
Former Barack Obama White House economic advisor Economist Larry…
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May 9, 2017
April marked the lowest unemployment rate in a decade, but that didn’t stop one NBC news show from spending far more time covering jobs being lost to Mexico.
“Hiring picked up,” that month according to CBS Evening News anchor…