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Washington DC, University of Chicago professor Casey Mulligan has run the numbers on the economic impact of the Democrats Ā massive climate, tax and health bill. While mainstream media pundits are claiming a a big win for Democrats, Chicago professor Casey MulliganĀ analysis shows a big loss for jobs, and higher taxes for middle class tax payers .
Continue reading “Inflation Reduction Act” : Big Loss for the Taxpayer and Jobs
and bundle up this is going to be a very cold winter
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West Virginia , better stock some extra blankets this winter ,the West Virginia Coal Association has blasted the Inflation Resumption Act as a dagger in the heart of Manchinās own home-state industry. The letter is signed by heads of coal industry groups in Kentucky, Ohio, Pennsylvania, and Illinois. We count FIVE Democratic senators from these states all of whom favor this bill.
Continue reading Turn off the Air Conditioning Democrat Climate Bill Kills Coal
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Washington DC, total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels.
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Washington DC, its official ,the U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.
Continue reading It’s Official the US Economy Has Entered a Recession
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Ridgewood NJ, despite media ignoring the issue and while President Joe Biden has denied involvement in his son Hunterās foreign business dealings, most voters donāt believe the presidentās denials.
Continue reading Most Voters Think His Father Profited From Hunter Biden’s Sketchy Foreign Deals
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Trenton NJ, New Jersey advertises itself as the āMedicine Chest of the World.ā Nine of the largest drug companies in the nation are either headquartered in, or have major operations clustered in the Garden State.
Continue reading Pharmaceutical Companies Next on the Democrats Hit List
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Washington DC, the Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in May and 0.4 percent in April.
Continue reading More Bad News on Inflation Producer Price Index Jumps 11.3%
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Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.
Continue reading Inflation Hits 9.1% Fastest Pace Since February 1981
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Washington DC, total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and hospitality, and health care.
Continue reading Payrolls Increased a More than Expected 372,000 in June
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Washington DC , the Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SECās Enforcement Division during the Divisionās investigation of the matter. EY admits the facts underlying the SECās charges and agrees to pay a $100 million penalty and undertake extensive remedial measures to fix the firmās ethical issues.
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Ridgewood NJ,Ā so which number is largerĀ is it a)Ā 13 million or b)Ā 11 million.Ā If you answered b,Ā you must work for the Biden administration. Under Trump, 13 million was the peak barrels produced per day, and 11 million is the latest estimate of production under Biden.
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PHILADELPHIAĀ PA, United States Attorney Jennifer Arbittier Williams announced today that former U.S. Congressman Michael āOzzieā Myers, 79, of Philadelphia, PA, pleaded guilty today to conspiracy to deprive voters of civil rights, bribery, obstruction of justice, falsification of voting records, and conspiring to illegally vote in a federal election for orchestrating schemes to fraudulently stuff the ballot boxes for specific Democratic candidates in the 2014, 2015, 2016, 2017, and 2018 Pennsylvania elections.
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Ridgewood Nj, right after the 2020 election I joined Trump and others predicting energy prices would skyrocket because of Biden energy policies, but we were ādebunkedā by the Washington Post.Ā Ā Their āexpertsā assured us it would never happen.Ā Whoops!Ā Who are these super-smart āexpertsā anyways.Ā We will be sure to report back to you, our readers, when the Post issues its retraction.
the staff of the Ridgewood blog
Ridgewood NJ, the Biden collapse in consumer confidence is near an all-time low and now LOWER than during the Covid crisis.
Continue reading Consumer Confidence Now Lower Under Biden than During the Covid Lockdowns
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Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today.
Continue reading Inflation rose 8.6% in May, the highest since 1981
