Business

Welcome to Joe Biden’s Low Growth Economy

For the first time since the smothering lockdowns took effect in the early months of 2020, America has experienced two consecutive quarters of negative economic growth, satisfying the technical definition of an economic recession. For many economists, what’s even more worrisome is the potential for a sustained slowdown in economic growth, also known as secular

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Business

Every Curve Flattened

Yesterday, EU Commission President Ursula von der Leyen addressed the mounting problems in European energy markets. On Twitter, blaming Russia for “manipulating” energy markets, she recommended a handful of steps to mitigate the rolling blackouts and other shortages plaguing Europe. The first tweet reads as follows: Smart Savings of Electricity: We need a strategy to

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Business

Loan Forgiveness Myths

Forgiveness” is such a kind word that it’s no wonder politicians latched on to it to describe the extremely unkind thing they’re doing to us. Recent discussions on social and mainstream media reveal that the typical voter is not only confused about what “loan forgiveness” means, but (disturbingly) also confused as to what “loan” means.

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Business

What Happened to Reducing Inflation?

NBC News released a new poll on Sunday that found 74 percent of Americans believe the country is on the wrong track — the highest number in the history of its survey. It also found that, while President Joe Biden’s approval had ticked up to 42 percent, his disapproval had also increased to 55 percent.

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