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Tag: inflation
Posted inNews
‘I told you’: Biden urges reporters to give him credit after latest inflation report
President Joe Biden is taking a victory lap after the Consumer Price Index (CPI) showed that inflation rates have slowed to their lowest level in three years. Now, he’s encouraging the White House press corps to give him credit where it’s due. On Wednesday, NBC tweeted a video of Biden at the White House taking […]
Posted inNews
Trump will ‘reignite’ inflation with ‘fiscally irresponsible’ policy: Nobel economists
A coalition of the world’s top economists are sounding the alarm over a potential second wave of massive inflation if former President Donald Trump is elected to a second term in the White House. In a recent open letter, chiefly authored by economist Joseph Stiglitz, 16 Nobel Prize-winning economists warned that the ex-president’s economic policies […]
Posted inNews
Conservative admits Trump’s policies ‘would result in price spikes’ for most Americans
One plank of former President Donald Trump’s 2024 campaign is lowering prices for gas and groceries, which remains a top concern of most American voters. But at least one economic expert is doubtful that Trump’s policies would do anything to make goods more affordable — in fact, he says prices will likely jump even higher […]
Posted inSheerPost
Trump’s Corporate Tax Cuts Paved the Way for Inflation
Photo by sippakorn yamkasikorn on Unsplash By Lindsay Owens / OtherWords Next year, when key provisions of President Trump’s 2017 tax breaks to the wealthy and corporations expire, we have an opportunity to get our money back. I’m not just talking about all the foregone tax revenue we’ve lost because the rich have paid so […]
Posted inInformed Comment
Erdoğan’s streak came to a screeching Halt as Turkey’s economy pays the price for Years of Policy Mistakes
By Gulcin Ozkan, King’s College London | – (The Conversation) – For many years, it wasn’t the economy that determined voting behaviour in Turkey. The country’s president, Recep Tayyip Erdoğan, won almost every election he contested despite a deteriorating economic outlook. This is commonly explained by the importance of identity politics in a country that […]