Tag: u.s. economy

POLITICS

Jen Psaki — Biden’s Administration Opposed To Raise Gas Tax

White House Press Secretary Jen Psaki defends gas prices as ‘well in line’ with recent decades as they reached the highest prices since 2014 ahead of Memorial Day weekend. Psaki noted that the COVID-19 pandemic is in retreat and life is returning to normal, “consequently more people are traveling this Memorial Day weekend.” “Americans are hitting the road, they are […]

EDITORIAL

Can Biden Ignore The Republicans To Deliver The People’s Agenda?

President Joe Biden is proving to be a new and different President, not only in rhetoric but also in action. He ignored the Republicans posture to push through his American Rescue Plan, putting $1.9 trillion in the economy, which included $1,400 stimulus checks, extended unemployment, a vaccine rollout, continuing eviction, foreclosure moratoriums, and increasing the Child Tax Credit among other […]

BUSINESS Commerce Social media

U.S. Economy Continues To Show Strength

The U.S. economy has shown a third-quarter annualized growth of 3.5 percent this year. However, this reflects a change in the momentum shown earlier when the rate was trending at a second-quarter pace of 4.2 percent. That said, the economy bettered the 3.3 percent expansion projected by economists. The U.S. Commerce Department highlighted the fact that strong consumer and government spending […]