Team Biden's Attempt To Redefine Recession
American economy has contracted during the last two quarters. Now, the Biden administration is attempting to redefine 'recession' and banking on the NBER to save the November midterms.
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
American economy has contracted during the last two quarters. Now, the Biden administration is attempting to redefine 'recession' and banking on the NBER to save the November midterms.
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.
Nestlé is the latest multinational food giant to pass on soaring costs to consumers amid the worst inflation in decades, caused by the war in Ukraine, rising fuel and energy bills and supply chain problems.
Really, you’re either for big spending or you’re not. You’re either for higher inflation or you’re not.
President Biden's advisers fail with flying colors.
Americans believe the economy is in recession and are taking steps to make do with their paychecks, which haven’t kept up with inflation.
Treasury Secretary Janet Yellen's proposal to create a global minimum tax and eliminate tax competition would have adversely affected American corporations had Sen. Manchin not acted.
President Biden's climate change policies, which many blame for rising fuel prices, are unpopular with the public.
The mainstream media is waiting for inflation to cross its peak to pretend it’s no longer a problem. We have devised the TIPP CPI metric that uses February 2021 as its base to measure inflation exclusive to the economy under President Biden’s watch.
American families are spending 15% more than last year on food expenses. How are they coping with the cost increases?
The Euro-Dollar parity is a result of decisions taken to thwart the Russian attack on Ukraine. As long as the war rages, it is unlikely matters will improve.