Economics Archives - Special Guests

President Biden Believes the U.S. Is Not Headed Towards a Recession – But the Numbers Say Otherwise (Guest: Steve Beaman)

July 26, 2022 by Jerry McGlothlin

As the White House awaits a much-anticipated report that could post a gloomy outlook on growing inflation for the year, President Joe Biden continued to make it clear that the United States isn’t headed for a recession. “We’re not going to be in a recession, in my view,” he explained to reporters on Monday. “The employment rate is still one of the lowest we’ve had in history. It’s in the 3.6 (percent) area. We still … Read more

Bad Economic Numbers For Joe Biden Leave Some People Wondering If There’s an End In Sight For Inflation (Guest: Ron Paul)

June 1, 2022 by Jerry McGlothlin

While inflation numbers are at an all-time high right now – particularly with gas and house pricing – there is one thing that appears to be dropping. And that’s President Joe Biden’s approval numbers. A recent Economic Confidence Index number gathered by the team at Gallup suggest that the current president sits at -45 for the month of May. Considering that +100 is very good and -100 is very bad, it indicates that most Americans … Read more