Bidenomics At Work! Savings Rate Plunges As Spending Soars, Inflation Slows As Govt Wage Growth Nears Record High (Commercial Office Delinquencie On The Rise, San Francisco Soars To 30.4% In Q3)

Biden’s leading “economist” Lael Brainard loves to brag about the strong economy under Bidenomics, and then pulled a brain freeze when asked about crashing savings rates as consumers struggle with inflation.

The good news? One of The Fed’s favorite inflation indicators – Core PCE Deflator – slowed to 3.7% YoY in September (its lowest since May 2021). Headline PCE was flat at 3.4% YoY. Both were in line with expectations… But 3.4% is still far too high compared to The Fed’s target of 2%.

Comments

Post a Comment

Popular posts from this blog

More Frozen Shrimp Recalled Amid Fears of Radioactive Contamination

Image
Federal officials have expanded a recall of frozen shrimp products following concerns about contamination with Cesium‑137 (Cs‑137) , a radioactive isotope that can pose long-term health risks when exposure is repeated over time. Taste of Home +15 U.S. Food and Drug Administration +15 The Sun +15 The initial recall involved three specific Great Value raw frozen shrimp products sold at Walmart across 13 states. The implicated lot codes (best-by date March 15, 2027) include 8005540-1 , 8005538-1 , and 8005539-1 . Those products were sold in states like Texas, Florida, Ohio, and more, and consumers have been told to discard them. Simply Recipes +7 Food & Wine +7 People.com +7 Now, a second wave of recalls includes shrimp sold by Southwind Foods, LLC under several brand names— Sand Bar , Arctic Shores , Best Yet , Great American , and First Street —distributed between July 17 and August 8, 2025 , across nine states : Alabama, Arizona, California, Massachusetts, Minnesota, Pennsylva...
Read more

Holocaust survivor says this is worse. Let that sink in.

Image
Holocaust survivor says this is worse. Let that sink in. The One Video Israel Doesn't Want You To See What is happening in Gaza is a holocaust. The Israeli government is carrying out what it calls a solution to the Palestinian problem, and as a holocaust survivor I must say, not in my name. I see extermination, dehumanization, starvation, blockade, denial of water and medicine, the destruction of health services, the targeting of doctors and journalists, and so-called safe places that are in reality traps. Together, these form the conditions of a holocaust. None of this differs from the actions carried out by the Nazis during the Second World War. Gaza has become an open-air concentration camp. In effect, it is an extermination camp because the only way out is death by bombing, disease, or hunger. The only other option offered is forced removal to places where people do not wish to go. I lived through the holocaust myself. I experienced hiding, discrimination, and the devastation t...
Read more

Gaza Hospital Hit Twice, Journalists Among Dozens Killed

Image
A hospital in southern Gaza was struck  twice in what witnesses call a “double-tap” attack.  The first strike hit the upper levels of Nasser Hospital.  Just minutes later, a second strike targeted rescuers and journalists who had rushed to help the wounded. At least 20 people were killed, including five journalists. The timing of the second strike raises questions that go beyond the battlefield. A “double-tap” attack—hitting once, then striking again when rescuers and journalists gather— is widely seen as a tactic meant to maximize fear, silence witnesses, and discourage reporting . That is why press freedom groups are treating this not just as a tragic mistake but as a possible deliberate message.  Killing journalists on live coverage ensures fewer independent voices can document what is happening on the ground , leaving only official narratives to control the story. In conflicts where information is as powerful as weapons, the destruction of cameras and reporters...
Read more