It’s another day that ends in “y,” so that means President Donald Trump is taking it to the Federal Reserve. Speaking to reporters before returning to Washington on Sunday, the president slammed the central bank, noting that if it “knew what it was doing” it would cut interest rates. He stated that current Fed policy […]
Archives for July 2019
Week in Review: July 1 to July 7
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Saudi Arabia’s purchasing of U.S. government debt soars in 2019 Uh, CNN? Antifa brutally assaults journalist, old man Art Laffer wants Congress to control printing press, questions Fed […]
Random Friday: 224k new jobs in June, trade deficit, media defends Antifa
News Story of the Day: The United States economy enjoyed another strong month of jobs gains. The Bureau of Labor Statistics (BLS) reported that the U.S. created 224,000 jobs in June, up from the previous month’s 74,000. The market had expected 170,000 jobs. The unemployment rate edged up from 3.6 percent to 3.7%, mainly because […]
WATCH: Reason’s take on the 2020 Democratic debate
It has been a week since the Democratic debates. But has anyone fully recovered from those events? It was a frightening experience, potentially causing PTSD for millions of viewers. Well, if you need some relief, Reason has you covered with a hilarious take on the Dem debate. Here is the clip:
‘Tax me more!’ is code for ‘Raise the other guy’s taxes!’
By: Gary Galles As has happened during every recent presidential campaign that might result in higher taxes on “the rich” (i.e., every one with a Democratic candidate), some of the 1 percent (or the .1 or .01 percent) have come out in favor of “taxing me more,” in the name of paying what they think […]