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By David Kelly Article Source Thursday’s release of September’s Consumer Price Index (CPI) Summary came as no October surprise as the U.S. Bureau of Labor Statistics reported that over the last 12 months, the all-items index...
Read MoreBy Michael Snyder Article Source Normally, we shouldn’t have economic stagnation and rampant inflation at the same time. But that is exactly what we’ve got. U.S. GDP actually declined during the first two quarters of this...
Read MoreBy Bob Adelmann Article Source Trustees managing the federally mandated “most successful Ponzi Scheme in History” — Social Security — will announce the largest COLA (cost of living adjustment) in history tomorrow. It is expected...
Read MoreBy Michael Snyder Article Source It’s wake up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under...
Read MoreBy Belle Carter Article Source Americans are taking the most severe pay cut in 25 years when adjusted for inflation. “We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with...
Read MoreBy Mike Maharrey Article Source On Oct. 3, 2022, the U.S. national debt eclipsed $31 trillion for the first time in history. When you factor in unfunded liabilities in Medicare and Social Security, the debt skyrockets to well...
Read MoreBy Cassie B. Article Source Discounts at the grocery store are becoming increasingly hard to come by, which is bad news at a time when consumers are already dealing with record high prices on food. Deals like buy one, get one...
Read MoreBy David Kelly Article Source President Biden’s poor fiscal management of government spending was exposed this week with the release of the Treasury Department’s data pegging the gross national debt of the United States at over...
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