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Inflation is soaring and consumer prices are up on pretty much everything. But here are five things actually cheaper today. #5: Frankfurters Most meat has been way more expensive of late, so it’s surprising that hot dogs are down 3.3% from last year. But get them while the deal is hot because packaged meat suppliers…
Update (11/19/21): After an 8 1/2 filibuster from House Minority Leader Kevin McCarthy (R-CA) pushed the vote on President Joe Biden’s Build Back Better Act back from Thursday night, the House passed the bill Friday morning. The final vote tally was 220-213, a nearly party line vote. The video above shows clips from the vote, as well…
Spiking inflation, supply shortages and a shipping crisis: Will Biden’s economic nightmare ever end?
Americans are facing an expensive holiday season. Record-high inflation means everything from new cars to hot dogs have become more costly. Beef prices prices soared 20 percent since last year, and furniture prices are up an average of 12 percent. President Joe Biden blames the pandemic and says the inflation is temporary. “The pandemic has been…
When we talk about hoarding, we probably think of a house full of stacks of books, drawers packed with tchotchkes, and knick-knacks piled from floor to ceiling mostly because people can’t get rid of their stuff. But during the present economic situation with inflation continuing to soar, hoarding is becoming the manifestation of consumer fear.…
If life seems more expensive, and everywhere you turn lately you hear the word inflation, it’s not your imagination. In the corporate world, inflation is the hot topic on earnings calls for more than half of the S&P 500 companies, and at home, you’re going to feel the cost crunch whether you’re traveling for Thanksgiving…
President Joe Biden signed the bipartisan infrastructure bill into law Monday, 10 days after the bill passed in the house, and months after it passed in the Senate. The signing, shown in the video above, came in a ceremony on the White House lawn. The ceremony included top congressional officials, some of the members of…
More than half of the S&P 500 companies have “cited the term ‘inflation’ during their earnings calls for the third quarter” according to a report released last week by financial data and software company FactSet. The report said 285 companies mentioned inflation on their earnings calls. The number rose to its highest in 10 years…
Due to ongoing inflation concerns that have persisted for months now, this year’s Thanksgiving festivities could be the most expensive in years. Price increases are poised to affect all aspects of the holiday, from travel to see loved ones to the price of the turkey day dinner itself. As is the case for most holidays,…
Inflation concerns continued following the release of reports on consumer and producer prices for October on Wednesday and Tuesday respectively. According to the Labor Department reports, consumer prices saw their highest year-to-year increase since 1990 in October. “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9% in October on a seasonally adjusted basis…
The Biden administration’s policies, which seem designed to assuage the socialist wing that has taken over the Democratic Party, are an economic catastrophe. If you want concrete evidence that President Biden has fallen asleep at the wheel, look no further than the growing threat of inflation staring directly at us; or the fleet of cargo…
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