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04/22/2022
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By Mary Villareal
Georgia governor declares state of emergency amidst continuing supply chain crisis
Governor Brian Kemp declared a state of emergency as supply chain disruptions continue in Georgia. Kemp said the Wuhan coronavirus (COVID-19) was the reason for the economic distress and supply chain issues, despite being the one to lock down Georgia at the beginning of 2020. “Despite the state’s successful mitigation of the public health impacts of […]
03/17/2022
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By Arsenio Toledo
World braces for renewed supply chain crisis as COVID outbreaks shut down highly vaccinated China
The supply chain crisis is expected to get worse as the resurgence of Wuhan coronavirus (COVID-19) in highly vaccinated China led to tens of millions being forced into some form of lockdown. News from authoritarian China shows that the communist nation’s zero-tolerance approach to the coronavirus has failed, and around 51 million people are currently under lockdown due […]
02/23/2022
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By Nolan Barton
Delay-cious: BBQ joint still under construction 8 months after scheduled grand opening due to covid restrictions and slowdowns
A buffet of issues has forced a restaurant in Chandler, Arizona to push back its grand opening for eight months and counting. “Supplies, materials, labor force – so everything. Timeline has just been pushed and pushed and pushed,” said Pork on a Fork owner Wes Hansen. Hansen’s barbecue joint is still a construction site at […]
02/04/2022
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By JD Heyes
Biden’s war on U.S. economy deepens: Huge job losses in January add to labor market woes amid ongoing supply chain crisis
Joe Biden’s handlers are purposely tanking the U.S. economy so they can replace our highly successful capitalist society, which empowers individuals, with a Marxist-socialist pseudo-economy that empowers government elites. That’s the only way to explain how dramatically the economy has tanked post-Donald Trump, who had Americans working, prosperous, and keeping more of what they earned. Before the […]
02/03/2022
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By Mary Villareal
Despite wage increases, the average US worker lost money in 2021 due to soaring inflation
Despite historically high raises that brought hourly wages to a record peak of $31.31, American workers still lost money last year due to price increases for commodities like food and gas, and even services. In reality, according to the Bureau of Labor Statistics (BLS), the massive pay hikes turned into a 2.4 percent pay cut for the average employee […]
01/26/2022
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By Cassie B.
Survey finds most global CEOs expect inflation to last through 2023 and beyond
Inflation is a top concern for many CEOs around the world right now, and many of them say they believe it is unlikely to go away anytime soon. In Conference Board’s C-Suite Outlook 2022 report, inflation was the second greatest business concern reported by global business leaders who were polled, coming in behind COVID-19 disruptions. […]
12/23/2021
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By Cassie B.
U.S. inflation tops OECD countries as Biden’s economic ratings plummet
In another sign that the economy’s downward spiral is incredibly serious, recent data shows that the U.S. economy noted the highest level of inflation this year among the 38 countries in the Organization for Economic Cooperation and Development, or OECD. America’s Consumer Price Index annual growth rate of 6.2 percent in the 12 months that […]
12/14/2021
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By Mary Villareal
The pandemic exposes vulnerabilities in global networks connecting manufacturers, suppliers and buyers
The Wuhan coronavirus (COVID-19) pandemic exposed many of the vulnerabilities in the networks that connect manufacturers, suppliers and buyers around the globe. The stimulus-fueled spending boom in the U.S. has left companies struggling to import capacity on key trade lanes. Large numbers of container ships waited outside ports, wreaking havoc on shipping schedules. There’s also […]
12/08/2021
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By Cassie B.
Americans are hoarding cash in record numbers, but inflation is causing the value of savings to drop
Americans have been increasingly hoarding cash due to economic uncertainty spurred by the COVID-19 pandemic, and experts are warning that the value of these savings are diminishing thanks to rising inflation. The funds that many people have amassed in savings throughout the pandemic are significantly more than the three to six months of emergency savings […]
12/08/2021
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By Cassie B.
Inflation and supply shortages could get worse thanks to omicron hysteria, OECD warns
The hysteria over the omicron coronavirus variant is threatening to cause a serious global slowdown, the Organization for Economic Cooperation and Development (OECD) has warned. The economic think tank said that a renewed wave of the pandemic could exacerbate the existing strain on the economy due to high inflation levels. Researchers are still working to […]
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