News with the tag "bidenomics"

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up and economi...

Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller stressed: “Now, you’ve got blockchain,...

In the realm of economic discussions, few topics resonate as personally with the average American as the price of groceries. Paul Krugman is an American economist, distinguished professor, and author known for his work in international economics and his commentary on economic policy. Born on Februar...

In a recent opinion piece for The New York Times, published on February 22, economist Paul Krugman offers an optimistic evaluation of the U.S. economy’s performance in 2023. Paul Krugman is a renowned American economist, author, and public intellectual. He was awarded the prestigious Nobel Memorial ...

With the political chessboard heating up for the next presidential election, it’s time to scrutinize the impact of President Joe Biden’s economic strategies, affectionately or ironically termed ‘Bidenomics’ by various quarters. On the surface, Bidenomics, with its multi-pronged economic legislation ...

Economist Peter Schiff has warned that Bidenomics “will soon be exposed for the fraud that it is, as inflation and unemployment heat up while the economy cools down.” He cautioned: “If Americans think the economy is bad now, just wait until they see what’s coming. Once the dollar cracks, both inflat...

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a no...

On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis. Labo...

Over the past week, U.S. president Joe Biden has been engaged in discussions regarding his economic agenda, commonly referred to as “Bidenomics,” with the aim of establishing a strong groundwork for his 2024 reelection campaign. Emphasizing the potential to revive the cherished “American dream,” Bid...

The U.S. President, Joe Biden, pledged to target cryptocurrency traders and hedge fund managers in his economic policy speech where he talked about Bidenomics. The president’s speech in Chicago yesterday highlighted the vision for “Bidenomics,” a catchall term referring to his investment strategy to...