All posts tagged with American Rescue Plan
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-(Natural News) United States Treasury Secretary Janet Yellen recently admitted that President Joe Biden’s $1.9 trillion American Rescue Plan did play a role in inflation. The former head of the Federal Reserve told the Wall Street Journal editor-in-chief Matt Murray that the White House’s huge spending has contributed to the current inflationary environment, but quickly added that it was “justified” […]
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-(Natural News) The national average fuel price at the time of the 2020 elections was $2.00. It’s now $3.37 — a 68 percent increase in 15 months. In another five months, that same price will look cheap as energy prices ripple through the economy, which makes them an important indicator of what is happening. Hedge fund manager […]
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-(Natural News) “Thrive Time Show” host Clay Clark warned the public about the possible weaponization of U.S. monetary system. A snippet of his program discussed the astronomical rise of inflation last year, culminating with the biggest annual inflation hike in four decades. “Historically speaking, the final thing that happens before a country falls is you […]
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-(Natural News) The U.S. consumer price index (CPI) increased by seven percent in 2021, marking the worst annual inflation in the country since 1982 and diminishing the purchasing power of worker paychecks. That fact alone is a clear indication that President Joe Biden’s first year in office is a massive failure. There is no relief in sight […]
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-(Natural News) Two economic advisers of former President Barack Obama expressed disappointment toward the current administration, saying that President Joe Biden has refused to heed their warnings about rising inflation. Steven Rattner, former counselor to Obama-era Treasury Secretary Timothy Geitner, wrote an op-ed for the New York Times to say that he “warned the Democrats about […]
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-(Natural News) More than half of voters in a recent survey gave President Biden’s handling of economic issues a poor rating as inflation continues to climb. The national poll, which was carried out online and via telephone last week by Rasmussen Reports and The National Pulse, found that just over a third of likely U.S. […]
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-(Natural News) Elected officials in Shiawassee County, Michigan, are returning controversial COVID-19 hazard payments that they awarded themselves using funds received from the American Rescue Plan. The money was designed to help low-income workers who were affected by the pandemic and the essential frontline workers who faced the highest risk of coronavirus exposure because of […]
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-(Natural News) A new report revealed that trillions of dollars allocated to recovery programs following the Wuhan coronavirus (COVID-19) pandemic harmed the environment. It pointed out that only about a tenth of the $17 trillion in COVID-19 government bailouts was spent on activities that had a positive effect on the environment. The report also noted […]
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-(Natural News) A federal judge issued a temporary restraining order against President Joe Biden’s $4 billion loan forgiveness program for minority farmers. In his June 10 ruling, U.S. District Judge William Griesbach argued that the plan replaced one form of discrimination with another as it excluded white farmers. The George W. Bush appointee also argued […]
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-(Natural News) A number of businesses badly affected by the Wuhan coronavirus (COVID-19) pandemic are asking the federal government for additional aid to stay afloat. These businesses, which include restaurants, gyms and hotels, claimed coronavirus restrictions caused them to suffer financial losses. Prior to this new tranche of stimulus money, the Biden administration implemented the […]
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