Big July jobs report released today, as the economy bounced back to life just before the new Delta surge began.
A big fiscal cliff is now potentially approaching.
In this Congress, Republicans may have a significant ace up their sleeves.
CNN reports “The consumer price index, the nation’s key inflation measure, jumped 0.9% in June, the largest one-month increase in 13 years. Over the last 12 months, prices were up 5.4%, the biggest jump in annual inflation in nearly 13 years.”
Signing an Executive Order to drive a more competitive playing field for Big Business, President Biden admits to being a Proud Capitalist.
Daily Mail reports “JPMorgan’s CEO Jamie Dimon says his bank is stockpiling cash because there’s a ‘very good chance’ inflation is here to stay”
The moment calls for more spending the President argues. Massive spending.