• Biden's $2 Trillion Economic Plan 'Risky and Confused'
  
  President Joe Biden's $2 trillion, "epoch-making political gamble" to recast the U.S. economy is seen as "risky, confused and selfish."
• Max Baecker: The National Debt Danger Grows
  
  Thomas Jefferson thought of "public debt as the greatest dangers to be feared." If he's right, then we have a lot to fear. The United States' national debt just hit a new high of $31 trillion dollars, and is only going up.
• The Biden Economy: Waning Inflation, Record Jobs, Lingering Uncertainty
  
  Joe Biden speaks to the nation tonight at a time of record low unemployment, rising wages, and diminishing fears of recession - facts the U.S. president is likely to trumpet as a sign his economic plans are working in the wake of the COVID-19 pandemic.
• ABC Poll: Record Numbers Worse Off Under Biden
  
  Four in 10 Americans say they are worse off financially now than since Joe Biden assumed the presidency, according to a new ABC News/Washington Post poll.
• Stocks May Tumble Further: SF Fed
  
  U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its current round of interest-rate hikes in coming months, according to an analysis published Monday by the San Francisco Fed.
• George Mentz: The New Economics of Artificial Intelligence
  
  In the last few weeks, I have been reading more and more news related to AI Technology. This flood of information on artificial intelligence innovation has forced many of us to think a few "chess moves" ahead with regard to the issues of: jobs, careers, news and more.
• Labor Hoarding Exaggerates Strength of US Job Market
  
  The U.S. government reported last week that the economy added a stunning 517,000 jobs in January after seasonal adjustments, almost three times the forecast in a Reuters poll, but the gain probably overstated the strength of the labor market and reflected "labor hoarding."
• Michael Busler: Latest Data Indicates Fed Must Be More Aggressive
  
  After shockingly irresponsible monetary policy in 2021, which greatly contributed to the record high inflation, the Fed finally realized that the inflation problem was not transitory and was serious.
• Lauren Fix, The Car Coach: Global Elites' Goal Is to Eliminate ALL Personal Cars
  
  Recently, global elites and world leaders gathered in Davos, Switzerland for the World Economic Forum also know as the WEF, had their annual summit.
• Powell Likely to Stress Fed's Inflation Fight Far From Over
  
  Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve's primary focus remains the need to fight surging prices with still-higher interest rates.
• Food Inflation Slows in December, but Still Up 10 Percent
  
  U.S. food prices increased 0.3% in December, a drop from 0.5% in November, but are still 10.4% higher than a year ago at the same time.
• Michael Busler: Solid 4th Quarter Leads to 2.1% GDP Growth for 2022
  
  GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That's down slightly from the 3.2% growth in the third quarter. Since growth was negative in the first two quarters of 2022, growth for the entire year was 2.1%.
• Sen. Mike Braun to Newsmax: Egg Crisis Spurred by COVID Economy
  
  The United States' recovering economy, which was hindered by government lockdowns, is the cause for the high price of eggs, Sen. Mike Braun, R-Ind., told Newsmax.
• Washington Post Cuts 20 Jobs a Week After Bezos' Visit
  
  The Washington Post is cutting 20 of its 1,000 journalists and leaving 30 open positions unfilled, the Post's executive editor Sally Buzbee told staff in a note Tuesday, according to Axios. The firings come one week after the publication's owner Jeff Bezos visited.
• Biden: I Won't Let 'Republicans Wreck Our Economy'
  
  President Joe Biden on Tuesday said he has "no intention of letting the Republicans wreck our economy" during his first meeting with the Democrat leaders of the new Congress. In the meeting, Biden said that while he supports the 30% national sales tax included in House...
• Moody's: High Rent Impacting 'Quality of Life'
  
  The number of renters who spend more than 30% of their income each month on rent has reached a record high, according to Moody's Analytics.
• Michael Busler: Public Debt - There's No Chance of a Default
  
  Last week the public debt reached $31.4 trillion. According to the law that is the maximum debt the federal government can incur.
• US Leading Indicators Fall for 10th Straight Month
  
  A gauge of future U.S. economic activity tumbled for a 10th straight month in December with a widespread weakening outlook for manufacturing, home building and both job and financial markets.
• Tech, Wall Street Lead Job Cuts
  
  Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn.
• Peter Morici: After the Recession, American Ingenuity Will Continue to Flourish
  
  The future is bright, and four years from now we will feel better no matter who is in the White House.
• Peter Reagan: Raging Inflation Is Still Robbing Americans - and the Price Tag Will Shock You
  
  Despite recent official reports of inflation easing, a great deal of damage has already been done to the average American family's budget. Thanks to a new report, now we know exactly how much poorer we are today than two years ago.
• Lauren Fix, The Car Coach: Wyoming Bans EV Sales by 2035 - What State Is Next?
  
  Well, this is very interesting - Wyoming has introduced state legislation to ban the sale of new electric vehicles by 2035 to 'ensure the stability' of its oil and gas industry.
• Peter Morici: Don't Fear the Invasion of the Robots
  
  Through the ages, pessimists have warned that new technologies spell doom. Naysayers warn robots will wipe out jobs and want to impose taxes to slow their progress.
• Michael Busler: Inflation, Recession & the Debt Ceiling. Oh my!
  
  As we enter 2023, there are at least three major problems that economic policymakers will have to deal with. We have high inflation, a likely recession, and a very serious problem with the debt ceiling.
• Economists Expect 'Elevated' Food Prices to Remain Despite Cooling Inflation
  
  Consumers experiencing increasing sticker shock each time they check out at the grocery store shouldn't expect to see their bills shrink anytime soon, even despite reports that inflation is cooling, economists say.

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