Breitbart Business Digest: Kamala Harris Runs a Campaign Based on Partisan Hope and Deceit
Kamala Harris appears to have realized that she cannot shrug off the albatross of the Biden-Harris administration’s economic and must instead defend it.
Kamala Harris appears to have realized that she cannot shrug off the albatross of the Biden-Harris administration’s economic and must instead defend it.
Prices are still rising but at a much more comfortable pace.
Harris wants credit for creating jobs that came back when lockdowns were lifted.
Harris repeated one of Joe Biden most consistent falsehoods: the idea that Trump’s mismanagement of the pandemic had left the economy to ruins in 2021.
If someone were inventing a curse to fit our immediate economic era, they might put it this way: “May you live in an age of interesting revisions.”
A growing trade deficit usually means the budget deficit will grow also as government payments are needed to fill the hole in the economy created by unbalanced imports.
Consumer spending was stronger than thought but business investment weaker.
There’s an electorally powerful coalition for American first economic policies from border security and deportation, to tariffs and trade, to energy abundance and independence.
The federal funds futures market is pricing in a cut in each of the remaining three meetings of the Federal Open Market Committee this year.
Running on “joy” might not be a winning formula for Democrats in a political environment in which inflation is still the most pressing issue facing voters.
Unexpected weakness in a key economic bellwether.
Cutting rates too quickly could lead to a resurgence of inflation, forcing the Fed into a tighter monetary policy stance down the road.
Powell says Fed needs to cut to prevent further weakening of the labor market.
Tariffs tend to be paid for by exporters and importers, not consumers.
This week’s shockingly large downward revision of jobs suggests that the Biden-Harris economy’s job record is not benefiting Americans as much as it appeared to be because a huge number of the jobs are going to illegal border crossing migrants.
Because she heard them first from Trump.
Despite Kamala Harris’s claims, manufacturing employment is shrinking, and the manufacturing sector has been contracting.
The revision undercuts claims by Kamala Harris that the Biden administration’s policies have created a very strong jobs market.
The Biden-Harris administration’s claim to be building prosperity “from the bottom up” is belied by the lagged and building wage effects of their open borders policy.
Harris and Biden keep making the same misleading and false claims about the state of American manufacturing.
Customers are waiting for a downturn in interest rates, the CEO of Lowe’s said.
It is not just Kamala Harris who is looking for a better job.
Spend and tax. Tax and spend. Tax. Tax. Spend. Spend.
The economy is slowing but there index of leading indicators still says there is no recession on the horizon.
The Biden-Harris administration has controlled the White House for nearly four years, and voters are unlikely to forget Kamala Harris’s role as the chief cheerleader for Biden’s widely disliked economic policies.
Everyone’s view of current economic conditions got worse in August but Democrat hopes lifted expectations.
Homebuilding contracted violently in July.
Someone forgot to tell the American consumer that interest rates are supposedly so restrictive that they risk pushing the U.S. economy into a recession.
Spending at retail stores rose at a much faster pace than expected in July, suggesting that the U.S. consumer is stronger than previously thought. Retail spending jumped one percent in July, the Census Bureau said Thursday. Economists had been expecting
Former President Donald Trump unveiled a pledge on Wednesday to fight inflation by cutting energy prices in half, securing the borders from illegal immigration, bringing supply chains back to U.S. soil, and reducing regulatory burdens on American businesses.
Like an arsonist offering to help put out the fire, Kamala Harris is now vowing to defeat inflation.
You have to go back to Jimmy Carter to find food prices rising this fast.
Inflation picked up in July, reversing the decline in prices seen in the prior month, but remained cool enough to lock in a rate cut from the Federal Reserve next month. The consumer price index climbed 2.9 in July from
Just when you thought it was safe to venture back into the grocery stores, food inflation is roaring back.
Conservatives and activist investors have been pushing for changes at the coffee chain.
Inflation pressures in the U.S. showed further signs of cooling in July as producer prices rose just 0.1 percent, less than expected.
In a presidential election year, many economic surveys cannot escape the gravity of expectations about the outcome of the presidential election.
A far larger share of the public says they’ll be better off financially under Trump than Harris.
The economists are probably right and the market is probably wrong when it comes to forecasting the Fed’s interest rate policy over the remainder of this year.
The surge in Democrat optimism about their prospects to retain the White House may come crashing down on the shoals of an economy widely viewed as sick and increasingly seen as veering toward a recession.