Profits of Doom: Globalist Elites Doubled Their Wealth During Coronavirus Pandemic
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania
White House: We Might Want to See ‘Growth Rates that Are Below Trend’
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House wants to see “growth rates, perhaps even growth rates that are below trend,” because having these growth rates would aid in “the realignment of supply and demand in the labor market.”
Bernstein said, [relevant remarks begin around 12:45] “Well, one of the things I thought I heard Chair Powell say today was something about housing prices expected to come down in the second half of the year. That’s something that we at the CEA have talked about, we’ve published on our blog and on our Twitter thread, a model that we use to track housing prices. And some of this is very mechanical. It’s just the way the lags work in the CPI and the PCE deflators. So, that rollover in the second half of this year should be helpful in terms of maybe nudging the core down a bit and helping with the headline as well. In terms of growth, look, I like — obviously, I think where we are is very consistent with the president’s transition to steady, stable growth. What we want to see are growth rates, perhaps even growth rates that are below trend, because the mechanics of that is it helps the realignment of supply and demand in the labor market. And with a strong consumer, with a labor market like this behind her, that’s the kind of numbers that we’ve been seeing.”
Follow Ian Hanchett on Twitter @IanHanchett
Forbes listed the world’s 10 richest men as: Tesla and SpaceX chief Elon Musk, Amazon’s Jeff Bezos, Google founders Larry Page and Sergey Brin, Facebook’s Mark Zuckerberg, former Microsoft CEOs Bill Gates and Steve Ballmer, former Oracle CEO Larry Ellison, U.S. investor Warren Buffet and the head of the French luxury group LVMH, Bernard Arnault.
Analysis: Joe Biden’s ‘Build Back Better’ Would Make the Rich Even Richer
By failures of border security, a lack of the enforcement of our immigration laws from within the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans.
MICHAEL CUTLER
By failures of border security, a lack of the enforcement of our immigration laws from within the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans. MICHAEL CUTLER
As the world was buffeted by a coronavirus tsunami leaving forced lockdowns, supply-chain problems, economic upheaval, and poverty in its wake, globalist financial elites “have had a terrific pandemic” according to a report released Monday.
The world’s 10 richest men have more than doubled their fortunes to $1.9 trillion, at a rate of $1.6 billion a day, over the past 12 months, proving elites have largely been spared the misery and financial ruin inflicted on so many by endless enforced lockdowns.
A confederation of charities that focus on alleviating global poverty, Oxfam said members of the globalist financial elites saw their wealth rose more during the pandemic more than it did the previous 14 years, when the world economy was suffering the worst recession since the Wall Street Crash of 1929.
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania
Vance, an unapologetic populist, has campaigned on a number of issues but most prominently immigration, infrastructure, trade, and foreign wars. Vance, who has been endorsed by Angel Mom Maureen Maloney, has laid out a series of policy solutions for stopping illegal immigration, including banning welfare for illegal aliens, mandating E-Verify, declaring the Mexican drug cartels a terrorist organization, and cutting off federal funds to states that give foreign nationals the right to vote.
As the world was buffeted by a coronavirus tsunami leaving forced lockdowns, supply-chain problems, economic upheaval, and poverty in its wake, globalist financial elites “have had a terrific pandemic” according to a report released Monday.
The world’s 10 richest men have more than doubled their fortunes to $1.9 trillion, at a rate of $1.6 billion a day, over the past 12 months, proving elites have largely been spared the misery and financial ruin inflicted on so many by endless enforced lockdowns.
A confederation of charities that focus on alleviating global poverty, Oxfam said members of the globalist financial elites saw their wealth rose more during the pandemic more than it did the previous 14 years, when the world economy was suffering the worst recession since the Wall Street Crash of 1929.
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania
Vance, an unapologetic populist, has campaigned on a number of issues but most prominently immigration, infrastructure, trade, and foreign wars. Vance, who has been endorsed by Angel Mom Maureen Maloney, has laid out a series of policy solutions for stopping illegal immigration, including banning welfare for illegal aliens, mandating E-Verify, declaring the Mexican drug cartels a terrorist organization, and cutting off federal funds to states that give foreign nationals the right to vote.
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