This past Wednesday, Biden signed an executive order with the intent of studying cryptocurrency and creating a digital dollar. The creation of a digital dollar could have drastic consequences. As Christians, we must monitor the situation closely and pray for wisdom for our leaders. From Reuters. U.S. President Joe Biden signed an executive order on … Continued
High inflation and low economic growth may be in store for this year. From The Center Square. Gas prices and inflation hit yet another high this week, raising more concerns about the impact on regular Americans and the future of the U.S. economy. The Bureau of Labor Statistics Thursday reported that the Consumer Price index, … Continued
Inflation makes everything more expensive for Americans and severely weakens our economy. From Fox Business. Soaring U.S. inflation is expected to continue its surge with no sign of relief in sight, as the costs of consumer goods like gasoline and household items climb to new heights. The Labor Department’s consumer price index jumped 7.5% in January from a year … Continued
Our economy is the source of our military strength, and right now we need both to be as strong as ever. From CNBC. The U.S. ban on Russian oil could exacerbate already-spiking oil and food prices, analysts warned, and that could set off a recession if escalated further. If Russia retaliates by refusing to supply … Continued
With the economy in its current state, we should give thanks for every good sign while also praying for an end to debt and inflation. From CNBC. Job growth accelerated in February, posting the biggest monthly gain since July as the employment picture got closer to its pre-pandemic self. Nonfarm payrolls for the month grew … Continued
President Biden addressed the economy in his state of the Union Speech, but right now it seems there is no end in sight to inflation. From Fox Business. President Biden, in his first State of the Union, addressed the elephant in the room: fixing inflation via more government spending. “I have a better plan to fight … Continued
The key to ending this war in Ukraine may be in the Russian people themselves. From CBS News. The crippling sanctions imposed on Russia for its invasion of Ukraine are already wreaking havoc on the lives of ordinary Russians, who can only expect things to worsen in the days and weeks ahead, experts say. The measures announced by the … Continued
From The Epoch Times: Senator Josh Hawley (R-Mo.) on Feb. 28 vowed to introduce legislation that will reopen energy production in the United States “full throttle” as the cost of oil continues to skyrocket amid record inflation and Russia’s invasion of Ukraine. Announcing the legislation, dubbed The American Energy Independence Act of 2022, Hawley said on Twitter that the bill will “reverse President … Continued
Inflation, job market issues, and now the fallout from the Russian war threaten our economy. That, on top of our soaring national debt, makes this a crucial issue for our nation’s intercessors to tackle. From Fox Business. Rising inflation is turning out to be more problematic for the U.S. economy and will likely dent growth this year and … Continued
Our IRS is in chaos because of President Joe Biden’s child tax credit provision of last year that pays parents monthly for each kid they have. In addition, Biden has proposed creating an army of auditors at the IRS to raise more funds. We know the IRS has targeted certain groups in the past, so … Continued
Opinion Piece From The Gateway Pundit: Larry Kudlow gave a summary of Biden’s actions related to Russia and the energy crisis in the US on FOX Business. He shared in part: Mr. Biden, you need to be honest about the damage you’re doing to the American energy industry. In fact, you’ve done everything you can to … Continued
The U.S. has seen its energy independence plummet under the Biden administration. At the same time, gas prices have soared. Now, we could be on the verge of an energy crisis. From Fox Business: The United States is on the verge of an energy crisis of its own making. The price of oil recently hit a … Continued
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