During Monday’s press briefing, White House Press Secretary Karine Jean-Pierre was called out for the Biden administration’s denial of the United States entering a recession and for deflecting questions on a recession to the National Bureau of Economic Research (NBER) – which took a full year to declare there was a recession after the Great
MoreBiden administration Treasury Secretary Janet Yellen – who repeatedly claimed last year that inflation was “transitory” – says that there are no signs that the United States economy is in a recession.
Democrat President Joe Biden attempted to brag about the mild reduction in gas prices in recent weeks by pointing to his decision to release oil from the Strategic Petroleum Reserve. Biden notably
On Friday, White House Press Secretary Karine Jean-Pierre refused to discuss the decision by Sen. Joe Manchin (D-WV) to halt the passage of a slightly reduced version of President Biden’s massive social
Inflation at the wholesale level continued to worsen in June as producer prices soared a near-record amount from a year ago, according to a new report from the Bureau of Labor Statistics.