Economy – Page 33 – DonnyFerguson.com

Biden tries to blame everyone else but these polls show voters blame him

In true Democrat fashion, Joe Biden isn’t letting the inflation crisis go to waste. In fact, he’s using it to push his radical anti-business agenda.

Budget, Economy, Taxation, Washington

Socialist Sanders looks to plant tax hike bomb under US economy

"This is not a vision for recovering stronger from this pandemic, it’s an attempt to use a global crisis to put government in control of almost every aspect of our lives.”

Budget, Economy, Taxation, Washington

Congressman has had it: ‘The economic ignorance of my Democrat colleagues is stunning’

"Over the past 18 months, we’ve spent more than $5 trillion responding to the coronavirus pandemic. Now Democrat congressional leaders propose to pass the largest single spending bill in history with no regard to rising inflation, crippling debt, or the inevitability of future crises."

Budget, Economy, Taxation, Washington

‘Build Back Bankrupt’: GOP committee leader lists dangers of Dem radical reconciliation scheme

"his bill is about power and control. It is about solidifying union bosses’ stranglehold on workers, upending individual's rights in favor of government control, stifling innovation, and stealing money from blue-collar workers to pay for white-collar educations. Democrats aren’t Building Back Better, they’re Building Back Bankrupt."

Budget, Economy, Taxation, Washington

Experts: Latest producer price index warns of inflation danger

“The PPI is often seen as a leading indicator of what is to come, and today’s high reading indicates inflation is much higher than the Fed’s longtime target inflation rate of about 2 percent. High inflation is bad news for the near future."

Budget, Economy, Taxation, Trade, Washington

Manufacturers warn new Dem global tax schemes make US less competitive

Senate Democrats’ tax proposals would severely disadvantage U.S. businesses relative to their foreign competitors with tax increases under Foreign-Derived Intangible Income (FDII) and the Global Intangible Low-Taxed Income (GILTI) minimum tax, resulting in fewer jobs, lower wages, and decreased investment in U.S. manufacturing and innovation.

Budget, Economy, Taxation, Washington

Producer inflation skyrockets to highest level in history

8.3% is the highest such inflation number ever recorded since the metric began...this beats the previous record of 7.8% set last month. It’s clear that, unlike what President Biden says, the rise in inflation is absolutely not transitory.

Budget, Economy, Taxation, Washington

Dems propose raiding your retirement plan with new tax

“I’m astonished my Democrat colleagues think it’s a good idea to punish a company’s investors—including those invested via a 401k or a pension plan"

Economy, Justice

Court strikes down legal scheme to declare Apple a monopoly

A federal district court ruled that Apple’s rules regarding payments on its App Store do not violate antitrust laws. The case, brought by video game maker Epic Games, alleged Apple violated antitrust laws by requiring purchases be made on its own system.

Economy, Labor, Washington

Liberals seethe as Right to Work states recovering far faster from pandemic lockdowns

In Right to Work states, the number of manufacturing payroll employees had rebounded 10.1 percent just one year after its 2020 lows, a bump 63 percent greater than what forced-unionism states experienced, according to Labor Department statistics from July.