THE ECONOMY IS ON FIRE
Written by Peter Boykin on March 25, 2023
Shared By Peter Boykin – American Political Commentator / Citizen Journalist
THE ECONOMY IS ON FIRE
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ARTICLES FEATURED IN TODAYS PODCAST
BIDENS TAX HIKES ARE DISGUISED AS DEFICIT REDUCTIONS
Joe Biden is set to unveil his budget proposal, pledging to cut the federal deficit by $2 trillion over the next 10 years. The reality is: tax hikes for most Americans and no dent in our federal debt.
Let’s set the table: It’s important to distinguish between debt and deficit.
THE CANARY IN THE SILICON VALLEY
Silicon Valley Bank (SVB) collapsed, becoming the second-largest bank collapse in U.S. history and stoking fears of a domino effect that could lead to a financial crisis.
STUBBORN INFLATION PUTS THE FED IN A BAD SPOT INDEED
Looks like the Fed is between a rock and a hard place
Inflation in February cooled slightly, but is still stubbornly high at 6%, despite efforts by the Federal Reserve to bring it down to a target 2% rate.
GOVERNOR NEWSON DID NOT DISCLOSE SVB TIES WHILE CHEERING FOR THEIR RESCUE
Greasy Gavin Newsom didn’t disclose SVB ties while cheering for their rescue
California Gov. Gavin Newsom was glowing with praise for the Biden regime’s intervention in the collapse of Silicon Valley Bank and its decision to ensure all depositors got their money back.
…but Newsom failed to disclose that he was one of those depositors.
GOVERNOR NEWSON DID NOT DISCLOSE SVB TIES WHILE CHEERING FOR THEIR RESCUE
SAN FRANCISCO CLOSER TO GIVING OUT $5 MILLION DOLLAR REPARATIONS TO BLACK RESIDENTS
San Francisco accepts draft reparations plan with $5 million to black residents
The San Francisco Board of Supervisors moved to accept a draft proposal on reparations that would hand out $5 million per eligible black resident.
SAN FRANCISCO IS CLOSER TO GIVING OUT $5 MILLION DOLLAR REPARATIONS TO BLACK RESIDENTS
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