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How The Federal Reserve Keeps Stoking Inflation

The inflation tax that working families face under the Biden presidency has many root causes. But one of the biggest involves an individual most Americans have not heard of: Jerome Powell, chairman of the Federal Reserve Bank. Just as inflation has reached a 30-year-high of 6.2 percent—more than three times the Fed’s inflation target of 2 percent—the central bank keeps…

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Is There Any Hope For The Great American Work Ethic?

On Labor Day, a local ABC News affiliate in Alabama published the dejected headline “Jobless Americans have few options as benefits expire” with what we could only wish was a tongue-in-cheek photo of a giant, all-caps “NOW HIRING” sign. The post garnered deserved mockery on Twitter, pointing out that businesses desperate to hire workers offer a straightforward option to many jobless…

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Democrats Angry Debt Limit Might Pause Their Overspending Spree

A typical Washington fight erupted last week, as Democrats expressed outrage at the thought of anyone or anything slowing down their “tax-and-spend express.” The controversy emerged when Senate Minority Leader Mitch McConnell, R-Kentucky, made comments to Punchbowl News regarding an increase in the debt limit: I can’t imagine there will be a single Republican voting to raise the debt ceiling…

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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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What Happens When Hedge Funds Buy Up Neighborhoods

A conversation on Twitter this week resurfaced a Wall Street Journal report from April about big investors getting into real estate, overbidding normal people to do so. “If You Sell a House These Days, the Buyer Might Be a Pension Fund,” the title says. “Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices.” The…

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In The Last Year, Congress Sent A Typical Family $27,000 To $110,000 In Cash

Between April 2020 and September 2021, Congress will have sent a typical American family of four at least $26,600 and possibly up to $109,048 in cash “COVID relief,” according to a new House GOP analysis. The analysis concludes the following: — The average family of four with both parents out of work will receive $109,048 or more in government COVID…

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Voters Overwhelmingly Reject White House Definition Of ‘Bipartisanship’

Voters overwhelmingly rejected the Biden White House’s definition of bipartisanship, according to results of a new poll from the Morning Consult out Tuesday. Biden adviser Anita Dunn outlined the new White House’s definition in April when she told the Washington Post the label “bipartisanship” applies to legislation with broad support outside Washington even in the absence of cross-partisan support on…

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