John Carney

Polls show voters endorse Trump’s view of tariffs.
The post Trump Is Trouncing Harris on Tariffs appeared first on Breitbart.

In the fevered imaginations of Trump’s policies, tariffs threaten bring global trade to its knees, provoke retaliatory measures, and hit consumers with higher prices. The ghost of the Smoot-Hawley Tariff Act of 1930 looms large, ready to serve as the ultimate cautionary tale.
The post Breitbart Business Digest: The Smoot-Hawley Myth and the Real Stakes of Trump’s Tariff Proposals appeared first on Breitbart.

Four years ago, President Joe Biden and Vice President Kamala Harris took control of the White House by campaigning on lies about the state of the economy under Donald Trump.
The post Breitbart Business Digest: Kamala Harris Attempts to Lie Her Way into the Presidency appeared first on Breitbart.

The Federal Reserve’s decision on Wednesday to begin lowering interest rates raises the question of how fast rates should be expected to decline.
The post Breitbart Business Digest: The Fed Will Struggle to Back Off Big Cuts Now appeared first on Breitbart.

Someone call in the vice principal for student discipline! The market is bullying the Federal Reserve again.
The post Breitbart Business Digest: The Fed Does Not Need to Rush to Cut Rates appeared first on Breitbart.

At Tuesday’s debate, Vice President Harris did everything she could to talk around the most important question of this election.
The post Breitbart Business Digest: Why We Don’t Feel We Are Better Off Than Four Years Ago appeared first on Breitbart.

To watch Dollar Tree’s stock plunge is to watch, in real time, the unraveling of the economic mythology which Biden and Harris have been preaching for the past four years.
The post Breitbart Business Digest: Inflation Leaves the Middle Class Too Poor to Shop at Dollar Stores appeared first on Breitbart.

Harris wants credit for creating jobs that came back when lockdowns were lifted.
The post Fact Check: Harris Misleadingly Claims Biden Added 800,000 Manufacturing Jobs appeared first on Breitbart.

Harris repeated one of Joe Biden most consistent falsehoods: the idea that Trump’s mismanagement of the pandemic had left the economy to ruins in 2021.
The post Fact Check: Harris Falsely Claims The Economy Needed To Be Rescued When She Took Office appeared first on Breitbart.

Tariffs tend to be paid for by exporters and importers, not consumers.
The post Fact Check: Kamala Harris Falsely Says Tariffs Are A Middle Class Sales Tax appeared first on Breitbart.

Former President Donald Trump unveiled a pledge on Wednesday to fight inflation by cutting energy prices in half, securing the borders from illegal immigration, bringing supply chains back to U.S. soil, and reducing regulatory burdens on American businesses.
The post Donald Trump Promises to ‘End the Era of Inflation, Mayhem, and Misery’ appeared first on Breitbart.

Notable economists, including Janet Yellen’s husband, claim without evidence that Trump’s policies will be inflationary. They never warned us about Bidenflation.
The post Nobel Economists Bash Trump, Hail Biden in Pre-Debate Inflation Attack appeared first on Breitbart.

America got some good news on inflation on Wednesday, possibly opening the door for lower interest rates this year.
The post Inflation Cools More Than Expected, Providing Relief for Consumers and the Fed appeared first on Breitbart.

The Conference Board’s monthly measure of consumer confidence is another piece of evidence suggesting that the economy accelerated in May.
The post Breitbart Business Digest: Inflationary Growth Is Blooming Again appeared first on Breitbart.

Consumer confidence rose in May but households’ assessments of their financial health worsened and inflation expectations rose.
The post Despite Surprise Boost in Consumer Confidence, Recession Fears Rose in May appeared first on Breitbart.

American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump’s economy over Joe Biden’s.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.

There’s really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.

The grand pledge of President Joe Biden “move heaven and earth” to rebuild the Francis Scott Key Bridge smacks of a promise only Herculean in its aspiration.
The post Breitbart Business Digest: Will Moving Heaven and Earth Be Enough to Rebuild the Baltimore Bridge? appeared first on Breitbart.

Immigration is not going to bail America out of our inflation mess.

As high inflation vexes the U.S. economy, a solid majority of registered voters say Biden’s policies will make prices rise.

We are in serious danger of entering a historically anomalous era of prolonged inflation.

Someone forgot to tell American families that inflation has been canceled.

Growth is up. Inflation is up. Job openings are up. The Fed’s interest rate target, however, is not.

The fact is that Bidenomics is not working, and the American people have noticed.

While Senator Tim Scott declared from the Reagan Library that union demands for higher pay and shorter work weeks “will not stand,” Donald Trump told workers in Michigan that “we love being with you.

The looming strike by the United Auto Workers is as much a protest against Bidenomics as it is the policies of General Motors, Ford Motor Company, and Stellantis.

The third GDP revision raises concerns about the persistence of inflation but also provides powerful support to our view that the economy is unlikely to enter a recession this year.

The bones of the U.S. economy are looking good as we hurtle toward the warming months.

Spending would fall by $1.3 trillion, debt service costs would decline, and IRS funding cuts would reduce revenues, the CBO said Tuesday night.

Long-term underlying inflationary pressures are pushing us toward a prolonged period of higher inflation or higher interest rates.