by Jonathan Bernstein Inflation is receding, unemployment is at or near record lows, US growth continues at a solid pace … and Americans are deeply pessimistic about the economy. More than half say it is getting worse, while an additional 28% say it is not getting better. Just 37% of ...
Joe Biden’s supporters — and perhaps Biden himself — can’t understand why the presidential poll numbers on the economy aren’t better. Why is he getting so little credit for so much good news on inflation, wages, jobs and the recovery of American manufacturing? Donald Trump’s idea ...
by Sen. Eric Tarr President Joe Biden, still intent on destroying the value of a dollar you earn, has proposed a new tax that would initially fall on both the income and unrealized asset gains of upper-income taxpayers but ultimately pass through to your families as a rise in the cost ...
by Matthew Yglesias A string of positive economic news — slowing inflation, an upward revision in gross domestic product, continued strength in the job market, signs of a nascent surge in factory construction — has the Biden administration going all out to define “Bidenomics” ...
by Daniel DePetris For the first time in five years, a U.S. secretary of state set foot on Chinese soil for an official visit. Antony Blinken, America’s top diplomat, spent the weekend in multiple meetings with senior Chinese officials in the hope that a little jaw-jaw will begin the ...
by Conor Sen Americans’ buying power has been squeezed since the start of 2022 as companies steadily raised prices to restore their profit margins — deflated by higher costs for freight and labor — to pre-pandemic levels. Now Walmart Inc. appears to be saying enough is ...