by Andrew Moran | Nov 20, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
For many Wall Street firms, the baseline scenario for 2023 is a US recession. However, a few months after coming out of a technical downturn – back-to-back quarters of negative gross domestic product (GDP) growth – the world’s largest economy might already be in...
by Andrew Moran | Nov 12, 2022 | Articles, Business News, Good Reads, Opinion
Were the 2022 midterm elections a victory for Bidenomics? Keynesian economist Paul Krugman thinks that the American people are willing to give President Joe Biden’s economic doctrine another chance because conditions are a lot better than what the public thinks....
by Kelli Ballard | Nov 10, 2022 | Articles, Good Reads, Opinion, Politics
President Joe Biden faced the press Wednesday, Nov. 9, to take credit for Democrat wins and point to his own record as the foundation on which a midterm “red wave” was held back. He reflected that the results signified “a good day for democracy. A good day...
by Andrew Moran | Nov 2, 2022 | Articles, Business News, Opinion
President Joe Biden has a funny grasp of the truth, whether it is about inflation or manufacturing jobs. He lays the blame for surging energy prices on mom-and-pop gasoline stations, or he tells consumers to just switch to a different raisin bran to fight rising...
by Andrew Moran | Oct 30, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
The US economy came out of a short recession in the third quarter, posting a gross domestic product (GDP) growth rate of 2.6%, topping the market estimate of 2.4%, according to the Bureau of Economic Analysis (BEA). This is up from -0.6% in the second quarter and...