American Action Forum president Douglas Holtz-Eakin discusses how rising inflation is increasing the likelihood of a recession and contributing to Biden’s falling poll numbers on ‘Fox Business Tonight.’ #FoxBusinessTonight
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democrats want to spend their way out of debt… they are clueless
Kleptocracy fraud manipulation violations obscure undeservedly imposed socio-econ disparity … ScAmerika perpetual bail-out prop-up subsidize systemic corruption systematic injustice.
The Democrats will never admit we're in a recession until after they lose the elections. Once they're out of power they'll scream "Depression!!! Depression!!".
None of this is by accident.
Greetings frm my family living in the EU. They tell me there's inflation nearly as bad as in the US right now! And there too it's due to very bad leadership.
Wish everyone would send me half their paychecks so's I could just go on a worthless spending spree.
Who knew? That we would need the pandemic relief money after the pandemic was over because the price to live has gotten too high. Joe Biden is good at being a bad example of a leader.
Cool the labor market ?
Sicko
MORTGAGE RATES!!!!! How can the FED raise the interest rate 50 basis points and not undermine the housing market?
Play stupid games with Russia, win stupid prizes at home.
All Biden has is smoke & mirrors. Purchasing power for basics has been pummeled every minute he’s been in office.
Inflation is not 8.5%. The actual cost of housing is 18%, not the recorded 4%. If you substitute 18% for the 4%, inflation is more than 10%. Got it ,the government is lying to you.
There was no reason for the democrats and Biden to spend 1.9 trillion on the American Rescue Plan when not one Republican voted for that wasteful plan. The extra bonus unemployment checks caused people to stop working, made the costs of goods to go up, and the economy to start tanking.
One time up to 10-30 never down 10 ….. Only low 20
Who watching economic side must chenge 😂he is very old
Business running country making sanctions like suicide
Who make problems? Like self sanctioned
Keep your eye on I bonds come May 1st…..should be about 8.5-9% and that is a guaranteed rate, can't get that in any bank. I was never a bond fan but I may be now.
not a biden fan in the slightest but Trump admin also spent way too much…they all do it.
30 year mortgage at 5%. Big deal.
In 1985 I bought my home with a 10% rate and was glad to get it.
If Powell sets out to "tame inflation" in 3 years, it is going to last a lot longer than three years.
Bite the bullet, raise the rates and stop inflation. Volker got a 12.5% inflation rate down to 3.7% in two years between 1980 and 1982. Reagan cut taxes and the economy boomed for almost 20 years.