Democrat Sen. Manchin Slams Biden For Claiming Inflation Is ‘Transitory’

Joe Biden
Joe Biden

Democrat Sen. Joe Manchin (WV) slammed President Biden on Wednesday for Biden previously claiming the inflation crisis was just “transitory.” “By all accounts, the threat posed by record inflation to the American people is not ‘transitory’ and is instead getting worse. From the grocery store to the gas pump, Americans know the inflation tax is real and DC can no longer ignore the economic pain Americans feel every day,” Manchin wrote on Twitter. By all accounts, the threat posed by record inflation to the American people is not “transitory” and is instead getting worse. From the grocery store to the

Record Number Of Americans Quit Job In September

(Photo by Julio Aguilar/Getty Images)

4.4 million Americans quit their jobs in September, breaking a record set in August, according to new government data. According to a report by the U.S. Bureau of Labor Statistics released on Friday, the number of job openings remained nearly the same throughout the month of September, but the rate of people quitting their job rose to a record high. “The number of job openings was little changed at 10.4 million on the last business day of September,” the report explained. “Hires and total separations were little changed at 6.5 million and 6.2 million, respectively. Within separations, the quits level and rate

Goldman Sachs: Inflation Is Bigger Threat To Economy Than COVID-19

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A new analysis from Goldman Sachs warns that the economic damage from inflation will dwarf that of new COVID-19 outbreaks. “Higher-than-expected US inflation recently prompted us to pull forward our forecast for Fed liftoff by a full year to July 2022,” Goldman Sachs stated. “We now expect core PCE inflation to remain above 3% — and core CPI inflation above 4% — when the QE taper concludes, which would make a seamless move from tapering to rate hikes the path of least resistance. After liftoff, we see a second hike in November 2022 and two hikes per year after that.”

Pentagon: Likely ‘Dozens’ Of U.S. Family Members Stranded In Afghanistan

On Wednesday, the U.S. Department of Defense said they were not sure how many family members of U.S. troops were still stranded by the Biden administration, but that there are likely “dozens.” “The Defense Department is trying to compile a master list of relatives of U.S. troops who may still be in Afghanistan and wanting to leave, per a Nov. 4 memo from the Pentagon’s policy chief,” The Army Times reported. “The memo encourages military or civilian personnel to send a note to a DoD email address created specifically for referrals of Afghan nationals.” During a press conference on Wednesday, a

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