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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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March 10, 2022
CNBC’s on-air editor Rick Santelli has had it with the Biden administration’s gaslighting on the skyrocketing inflation plaguing the U.S. economy.
The Bureau of Labor Statistics released a report March 10 showing that inflation shot up 7.9 percent…
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February 14, 2022
CNBC’s on-air editor Rick Santelli tore apart the Federal Reserve following the devastating report that inflation spiked to 7.5 percent for the highest level in forty years.
Santelli ripped the Fed for its lackluster approach to fighting inflation…
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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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May 3, 2019
April was a great month for jobs with another upside surprise.
CNN reported on May 2, that it was expected to be “a healthy but unspectacular” 185,000 jobs. Unemployment was expected to remain at 3.8 percent. MarketWatch was expecting a…
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April 30, 2019
The U.S. economy grew so much more than expected in the first quarter that CNBC’s Rick Santelli called it a “whopper” and “really powerful” news on April 26. A day later, the news made the front page of The Washington…