News

A Record-Number Of Americans Are Quitting Their Jobs And Starting Businesses

In what’s now being called the “Great Resignation,” a record number of employees have quit their jobs since the lockdowns started. Month after month since 2020, the number of people leaving jobs voluntarily has broken historical records. All told, some 36.3 million people quit in 2020. Through November of 2021, some 43.1 million Americans quit their jobs, according to the…

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The Left’s Favorite Labor Shortage Theory Undermines Some Of Their Own Favorite Causes

In this week’s edition of “How Mentally Slow Leftists Undermine Themselves Without Even Knowing It…” There’s a popular theory on the left for why frustrating labor shortages persist, even after those sweet federal COVID unemployment benefits have dried up. Here’s how Paul Krugman of The New York Times put it Thursday: Well, it’s only speculation, but it seems quite possible…

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The Real ‘High Class Problem’ Is How Out Of Touch The ‘High Class’ Is From Everyone Else

When White House Chief of Staff Ron Klain shared a tweet this week proclaiming that most of our economic woes such as supply chain disruptions and inflation are “high class problems,” he received sharp and much-deserved criticism. This 👇👇 https://t.co/ymh53nEHAg — Ronald Klain (@WHCOS) October 14, 2021 Is the Biden administration’s message seriously that rising prices and constant shortages at…

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News

Biden Can’t Pin His Economic Train Wreck On People Who Oppose Medical Coercion

You probably saw that the Department of Labor’s September jobs report came out last week and that it was, in a word, abysmal. As one CNBC panelist reacted, “Woah … that is real low.” When President Joe Biden gave a speech addressing the report on Friday, he painted a rosy picture, of course, spinning the numbers into a glowing reflection…

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Why Are Democrats Hurtling The United States Towards A Stock Market Crash?

Since March 2020, $5.9 trillion in so-called relief spending authorized by Congress, as well as $3.3 trillion in quantitative easing from the Federal Reserve, has been pumped into the U.S. economy. America’s pandemic response resulted in 22 million jobs lost in a matter of months, and we still have 10 million fewer jobs than before March of last year. The fiscal and economic repercussions of going from stronger…

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Biden Promised He Wouldn’t Increase Taxes On Small Businesses. Well, He’s About To

In releasing the framework for their $3.5 trillion spending bill, Democrats claimed their legislation would include language to “prohibit tax increases on…small businesses.” But the budget Democrats passed includes no such prohibition, and it’s not difficult to understand why. President Biden—who has used questionable tactics to reduce his family’s tax bills by nearly $517,000 over the past four years—has proposed…

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As Newsom Recall Vote Looms, Corporations Are Fleeing California On The Double

California voters have started casting their ballots on their second gubernatorial recall ever and their first in 18 years, deciding whether to give Democrat Gov. Gavin Newsom a new lease on his political life. Polling shows the recall on a knife’s edge. At the time of this writing, “Yes” — remove — narrowly leads with 48 percent of Californians polled,…

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Joe Biden’s Economy Is Already A Disaster. Here Is The Chart That Proves It

What is all this “Biden inflation tax” talk really about? What is the actual effect of inflation on the lives of real people? Well, below is a chart that compares yearly wage and inflation rates for each month from 2017 through July of this year using Bureau of Labor Statistics data. Wage rates are in blue and inflation (as measured by the consumer price…

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Congress, News

Democrats’ $3.5 Trillion Budget Resolution Would Transform The U.S. Economy As We Know It

The weeks upon weeks of negotiations leading up to the passage of a $1 trillion infrastructure bill were just the prelude to the absolute whopper that is the Bernie Sanders budget resolution, which hit the wires Monday morning and will hit the Senate floor Tuesday. The $3.5 trillion document is a full-on attempt to remake the American economy, the labor markets,…

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U.S. Economy Underperforms Amid Rising Inflation And Supply Chain Shortages

Amid an economy inflated from massive government handouts and supply chain disruptions, U.S. gross domestic product (GDP) increased at a 6.5 percent annual rate in the second quarter of 2021, falling significantly short of federal projections. The Commerce Department’s report released Thursday indicated U.S. GDP did not surge from April to June after the first quarter’s 6.3 percent annual growth…

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Retail Sales Tank As Prices Continue To Skyrocket Due To Inflation

Retail sales crashed and wholesale prices skyrocketed in May following unprecedented federal spending binges, the U.S. Department of Labor reported on Tuesday. Although most government-mandated lockdowns and school closures related to the COVID-19 pandemic ended months ago, the U.S. economy has been slow to bounce back. New data from the Department of Labor’s Bureau of Labor Statistics released on Tuesday…

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Christian Blog, Christian/Secular news, News, Worthy News

Aid Workers Rush Dry Food To Persecuted Christians Amid Starvation

By Stefan J. Bos, Chief International Correspondent Worthy News (Worthy News) – Christian aid workers are rushing dry food parcels to several nations amid concerns that many Christians face starvation. “It is estimated that in 2020 at least 155 million people were ‘acutely food insecure and in need of assistance in 55 countries, the highest level of need for at…

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