Spun Gold To “Reimagine” BAFTA Coverage
17.10.2022 - 00:07 / foxnews.com
The White House economic adviser, when grilled on concerns of a recession on Sunday, assured Americans that the answer to whether the Biden administration was doing everything possible to increase energy supply and drive down consumer prices is "unequivocally yes." In an interview on "Fox News Sunday," White House Council of Economic Advisers member Jared Bernstein provided his definition for recession and noted a $1.4 trillion deficit reduction this fiscal year, but host Shannon Bream interjected that the number is coming off massive COVID spending. Bernstein said noted that the figure is also influenced by receipts coming into the Treasury because of "how strong economy has been." "We have an unemployment rate that is 3.5%.There is no recession that would prevail with that kind of unemployment rate.
We’re obviously adding hundreds of thousands of jobs per month. We have consumers who still have pretty strong balance sheets.
We still have job vacancies. … We actually think the probability for a soft landing is good," Bernstein said.
Bream noted that the widely respected definition of a recession is two consecutive quarters of negative action, but Bernstein said it’s "not up to the White House to call a recession." Council of Economic Advisers member Jared Bernstein answers questions during the daily White House press briefing on July 18, 2022, in Washington. (Win McNamee/Getty Images) "I would look at the following variables, which happens to be the same ones that the group I was just talking about, retail sales, payroll, employment, consumer spending, industrial production, all of those have not been flashing red, all of those are not in recessionary territory," Bernstein said.
Spun Gold To “Reimagine” BAFTA Coverage
facing the new administration on COVID-19 and national security. The administration’s economic record, which has featured the highest inflation in 40 years, the end of US energy independence and controversial giveaways like college-loan forgiveness, is completely ignored. The only outside critic who escapes the cutting-room floor is Ohio GOP Rep.
An adviser to Vladimir Putin has insisted Brittney Griner's release is not a priority for Russia. The 31-year-old basketball star - who normally lives in Houston, Texas with wife Cherelle Griner - was arrested on suspicion of drug smuggling in Russia just days before the country launched the ongoing invasion on Ukraine in February and in August, she was sentenced to nine years behind bars. Although US President Joe Biden has vowed to ensure the sportswoman's freedom, Yury Ushakov - one of the Russian leader's top advisors and the country's ambassador to America from 1998 to 2008 - suggested this was nothing more than a bid to bolster support ahead of the upcoming midterm elections.
An economic adviser for President Biden claimed that Americans will notice a decrease in inflation when tax credits kick in that will allow them to weatherize their home. Asked by CNN Sunday when the Inflation Reduction Act will start bringing down inflation, Biden economic adviser Cecilia Rouse promised a noticeable difference "next year." "For example, there are tax credits for energy to help people weatherize their homes and also bring down other forms of energy costs," Rouse said.
U.K. Prime Minister Liz Truss' push to cut taxes for her country's highest earners was a "mistake," President Biden stated Saturday. Truss was forced to scrap large portions of her tax plan last week amid market turmoil and disintegrating public confidence.
Joe Biden has taken aim at Liz Truss's mini-budget that led to chaos on the markets and to her sacking Kwasi Kwarteng as Chancellor.
A day after President Joe Biden drew criticism from conservatives on social media for giving unsolicited dating advice to a young teen girl in California, the president is again in hot water for claiming the "economy is strong as hell." The comment came during a conversation with a reporter at a Baskin Robbins in Portland, Oregon, who asked the president if he had any worry about the strength of the U.S. dollar amid rising inflation. With a chocolate chip ice cream cone in his hand, Biden answered: "I’m not concerned about the strength of the dollar.
Emma Corrin and David Dawson took center stage during the My Policeman premiere at the BFI London Film Festival.
President Biden has not left any doubt as to whether politics played a role in his unsuccessful pressuring of Saudi Arabia to delay an OPEC+ announcement of a decrease in oil production until after the American midterm elections, Sen. Marco Rubio told Fox News.
President Biden will attend a big-ticket fundraiser for House Democrats Thursday evening alongside Speaker Nancy Pelosi, D-Calif., in Los Angeles. Tickets for the high-profile Democratic Congressional Campaign Committee event start at $5,000, with the top-spending attendees shelling out a whopping $50,000 per head, according to a Deadline report. Though the hosts of the event remain unknown, the fundraiser will be held in Brentwood, one of the most expensive neighborhoods in Los Angeles and home to some of Hollywood’s biggest names including Gwyneth Paltrow, Lebron James and Tom Brady. The fundraiser is part of Biden’s four-day-long western U.S.
Fifty-one current and former U.S. intelligence community officials signing onto a 2020 letter claiming the Hunter Biden laptop bombshell had the hallmarks of a "Russian information operation" was itself a deep state operation against the people of the United States, Jesse Watters said Wednesday on "The Five." Watters and other panelists on "The Five" criticized one signatory, ex-CIA intel officer and Lawfare blogger David Priess, for being a part of the signature campaign. Priess told "Special Report" on Tuesday it is not his fault if the letter was misconstrued by the public or Joe Biden – who appeared to cite it during a presidential debate as proof the story about his son was indeed Kremlin disinformation.
President Biden said Hunter Biden is "on the straight and narrow" and that he is "proud of" him despite recent criminal allegations against his son, including tax fraud and lying to purchase a gun. During an interview with CNN host Jake Tapper on Tuesday, the president defended his son as the 52-year-old potentially faces tax and false statements charges from David Weiss, the U.S. Attorney for Delaware.
Former Central Intelligence Agency officer David Priess defended being a signatory on a letter with more than two dozen other current and former intel agents and experts who claimed the New York Post's Hunter Biden laptop bombshell looked like a "Russian information operation." In October 2020, the Post broke the story about how then-Wilmington computer shopkeeper John-Paul Mac Isaac came into possession of the laptop first son Hunter Biden left at his store near Trolley Square. A copy of the hard drive was provided to the FBI and another to former New York City Republican Mayor Rudolph Giuliani. "It is for all these reasons that we write to say that the arrival on the US political scene of emails purportedly belonging to Vice President Biden’s son Hunter, much of it related to his time serving on the Board of the Ukrainian gas company Burisma, has all the classic earmarks of a Russian information operation," Priess and fellow signatories wrote in-part.
President Biden acknowledged the possibility of what he described as a "slight recession" could occur in the near future. It was determined back in July that the U.S. suffered back-to-back consecutive quarters of negative GDP growth, which has long been the indicator of a recession. However, both the Biden administration and many members of the media have dismissed that long-standing definition. During an interview on Tuesday, CNN's Jake Tapper asked the president, "Should the American people prepare for a recession?" "No," Biden initially responded.
Joe Biden, in an interview with Jake Tapper, said that he doesn’t think that Russian President Vladimir Putin would use a tactical nuclear weapon but that it was “irresponsible” for him to talk about it.
The White House said Tuesday that President Biden believes Saudi Arabia has effectively sided with Russia’s war aims in Ukraine following the Riyadh-led OPEC+ alliance’s announcement last week that it would cut oil production. "We believe by the decision that OPEC+ made last week, (Saudi Arabia is) certainly aligning themselves with Russia," White House Press Secretary Karine Jean-Pierre said during a Tuesday briefing.
Former Secretary of State Mike Pompeo on Sunday categorized President Biden’s quickly notorious Armageddon comment regarding the nuclear risk posed by Russia as "reckless" and demonstrating "maybe one of the greatest foreign policy failures of the last decades." "Oh my goodness. First of all those comments were reckless.
The Washington Post editorial board did not mince words about President Joe Biden’s attempts to persuade the Saudi Arabian government into helping with U.S. energy policy, saying the administration "failed" "badly." The board claimed that OPEC – heavily influenced by the Saudis – recently slashing "crude oil production by 2 million barrels per day," is a "setback" for Biden agenda, the United States and its allies. The Saturday editorial stated that OPEC’s decision "is not quite as big of a shock as the embargo OPEC imposed on the United States between October 1973 and March 1974.
If President Joe Biden was looking for a gift for former President Jimmy Carter’s 98th birthday, his mishandling of the OPEC situation sure fits the bill. For all the current administration’s shortcomings and failures, they have been remarkably effective at waging war on America’s energy producers.
US President Joe Biden warned that the risk of a nuclear threat has reached its highest point since the 1962 Cuban Missile Crisis, following harrowing threats from Vladimir Putin.