Inflation Report Shocks Wall Street And The Nation
Middle-class working people are getting clobbered. Absolutely clobbered. They’re working more, but buying less.
Larry Kudlow was the Director of the National Economic Council under President Trump 2018-2021. His Fox Business show "Kudlow" airs at 4 p.m &. radio show airs on 770 ABC from 10:00 a.m. to 1:00 p.m.
Middle-class working people are getting clobbered. Absolutely clobbered. They’re working more, but buying less.
The treasury secretary has supported all of the progressive, big-government socialist policies coming from the far left of the Democratic Party, and her analysis about its effectiveness is false.
Even if the target rate gets to 4 percent or slightly higher by the end of the year, that will still be a negative rate, which is almost always consistent with higher, not lower, inflation.
No amount of insults to more than 74 million voters who cast their ballots for Donald Trump is going to bail him out.
This is called ‘election year politics.’ Just as bad, Biden doesn’t even have the authority to do what he’s doing.
In a free economy, with free people, with freedom under the Constitution, we truly get life, liberty, and the pursuit of happiness.
Until the GOP recaptures Congress and saves America by repealing this bill, we’re going to have to live with this monstrosity. So, I want to point out two major energy provisions you may not be familiar with.
There is not one iota, scintilla, whit, shred, or morsel of economic growth incentives in the Inflation Reduction Act.
The falsely titled ‘Inflation Reduction Act’ is the ultimate big-government socialism bill. It defines the Democratic Party as the radical left.
That’s just one of the joyful features inside the Schumer-Manchin reconciliation bag. The more we learn about this bill, the less everybody seems to like it.
Chairman Powell denies it, but a Senate committee, the FBI and Britain’s MI5 are hot on the trail, issuing a rare joint warning to all businesses over Chinese espionage and cyber hacking.
Really, you’re either for big spending or you’re not. You’re either for higher inflation or you’re not.