All posts tagged with spending
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-(Natural News) The new wholesale inflation numbers from September and October prove that the rapid rise in the cost of everyday goods is not “transitory,” contradicting what President Joe Biden has repeatedly claimed. In September, inflation at the wholesale level rose by 8.6 percent compared to the same month last year. “Excluding volatile food and energy prices, […]
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-(Natural News) The U.S. economy is a behemoth — the largest in the world and by far — so when it slows down, even dramatically, many don’t notice it right away because of the huge momentum. Think of a long, heavy freight train traveling at full speed and suddenly losing power; it will continue to […]
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-(Natural News) For those of you who voted for Joe Biden thinking he was just the ‘moderate’ our nation needed after four years of that ‘right-wing extremist’ President Donald Trump, boy, were you duped. One, Biden may have legislated as a ‘moderate’ for the bulk of his U.S. Senate career, but remember he was Barack Obama’s […]
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-(Natural News) It wasn’t that long ago that Republicans under then-President George W. Bush were responsible for doubling the size of the national debt within an eight-year period to a whopping $10 trillion. Then Barack Obama was elected and he essentially said, “Hold my beer.” Within eight years, thanks to help from Democrats and Republicans, […]
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-(Natural News) The government set new records for the taxes it collected, the spending it engaged in and the deficit it ran for the first eight months of fiscal year 2021, according to the Department of Treasury‘s Monthly statement. From October 2020 through May 2021, federal taxes hit a record $2.6 trillion while federal spending climbed to […]
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-(Natural News) Data released by the Federal Reserve on Monday, June 21, shows that the wealthiest 1 percent of Americans have 16 percent more wealth than the bottom 50 percent combined. A previous report from the Fed showed that, overall, wealth across all U.S. households increased during the first quarter. The net worth of households and nonprofits […]
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-(Natural News) In signing the $900 billion pork-laden “stimulus” bill that was presented to him by the political establishment, President Donald Trump invoked a little-known law called the Impoundment Control Act of 1974, the implications of which have many people scratching their heads in confusion. A public announcement from the president about his signing of […]
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-(Natural News) Congress is likely to pass the big COVID “relief” bill like the world’s second-largest kidney stone. My colleague Victoria Taft already highlighted some of the most egregious spending included in the bill, such as the horseracing regulations and the new cars for HIV/AIDS workers overseas. That one’s worth more than $193 million, begging the question […]
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-(Natural News) Studies show that the way people spend their money can reveal some aspects of their personality, and it’s only a matter of time before corporations and governments take advantage of this fact to further their own agendas. Researchers from University College London and Columbia University analyzed the spending of more than 2,000 UK […]
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-(Natural News) The State of California is now less than 90 days away from a financial collapse that can only be averted by acquiring new sources of loans or dramatically slashing government-funded services in health care, pensions, welfare and education. The cracks of financial insolvency are starting to show, and Newsom has no plan that […]
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