Friday's jobs report is being looked at carefully for two reasons: First, the Fed meets again on September 18. It has kept interest rates high...
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The July inflation report showed a drop below 3 percent for the first time since 2021. It's reportedly a positive development for the U.S. economy, but Donald Trump's campaign attempted to spin it as a horrible outcome, according to experts. It didn't work for observers, however. "Under Kamala Harris, everything costs 20 percent more than it did under President Trump, working families are having to spend 30 percent more for baby food, and the price of gasoline is up 50 percent," said national press secretary Karoline Leavitt in a release. Gas prices are actually down compared to 2023. Trump typically touts gas prices during 2020, when pandemic lockdowns stopped most Americans from driving. By the time he left office, those prices were much higher than they are now, a CNN fact-check said. Read Also: Why Trump won't reveal his personal finances before Debate Day"It's a GOOD inflation report, god how are you people so bad at this," said Professor Lee Kovarsky from the University of Texas Law School."Hard to say which is more bizarre: highlighting a good inflation report showing prices barely rising, or focusing on the cost of living when your entire econ agenda (a de facto national sales tax, mass deportation, and giant tax cuts for the rich) is highly inflationary," said Bhart Ramamurti, the former deputy director of the National Economic Council, on X. Civil rights activist and writer Deray McKesson posted many tomato emojis, implying he was prepared to throw them at the bad release. Others highlighted the Trump campaign's attempt to coin the phrase "Kalamanomics," which was a mouth full for some who have a hard time remembering how to pronounce her name. "Rolls right off the tongue," remarked one observer on X. Washington Post foreign news reporter Adam Taylor called it a "bit of a tongue twister."
Friday's jobs report is being looked at carefully for two reasons: First, the Fed meets again on September 18. It has kept interest rates high...
At Tuesday night’s presidential debate, Trump was asked about his economic agenda. As we’ve come to expect, he produced an incoherent word salad...
At Tuesday night’s presidential debate, Trump was asked about his economic agenda. As we’ve come to expect, he produced an incoherent word salad...
By Alexander William Salter American progressives are out of ideas. Instead of a bold economic agenda, all they have to offer is reruns of...
By Alexander William Salter American progressives are out of ideas. Instead of a bold economic agenda, all they have to offer is reruns of...
PHILADELPHIA — With the eyes of the nation on the debate between Vice President Kamala Harris and former President Donald Trump at the National...
PHILADELPHIA — With the eyes of the nation on the debate between Vice President Kamala Harris and former President Donald Trump at the National...
Former President Donald Trump may not speak clearly when questioned on policy — but the policies he has already outlined are a damning enough...
Former President Donald Trump may not speak clearly when questioned on policy — but the policies he has already outlined are a damning enough...
Vice President Kamala Harris and former President Donald Trump are about to meet in-person for the first time on Tuesday night at ABC's televised...