Inflation has pushed our country to the brink of financial disaster, and federal spending is mostly to blame. Inflation weakens the dollar, and if the dollar collapsed it would be catastrophic for the U.S. and the world economy. We need to pray for reformation and restraint for our government, in the Federal Reserve, in Congress, … Continued
Our economy is seriously struggling and needs our prayers. Inflation has soared, and to lower that inflation, the Fed has to raise interest rates this year, which could cause a recession. The jobs market still has not recovered from the pandemic, and the Biden administration’s policies are stifling economic growth. From Fox Business: The number of … Continued
The rising inflation numbers have major negative impacts on Americans’ personal finances, with savings accounts and retirements becoming less valuable. Making ends meet is harder every month as gas prices, groceries and more continues to rise. Meanwhile, the high inflation continues to weaken the U.S. dollar globally and pushes the Fed to raise interest rates, … Continued
From The Wall Street Journal: U.S. inflation accelerated to a 7.5% annual rate in January, reaching a new four-decade high as strong consumer demand and pandemic-related supply constraints kept pushing up prices. The Labor Department on Thursday said the consumer-price index—which measures what consumers pay for goods and services—was last month at its highest level since … Continued
Two of the nation’s largest tech conglomerates, Amazon and Facebook, spent millions last year lobbying members of Congress to back legislation expanding legal immigration levels and amnesty for illegal aliens, records show. In all of last year, Amazon spent $20.3 million on lobbying lawmakers — including on bills that would have benefited the multinational corporation’s … Continued
Kentucky GOP Sen. Rand Paul released a damning report this week on rising inflation and its troubling effects on low and middle-income families and small businesses. In an 18-page report called “The Hidden Tax,” Paul, who serves on the Senate Committee on Small Business and Entrepreneurship, blames the 7% spike in consumer prices – a … Continued
Imagine receiving a thousand dollars or more in your bank account each month, regardless of whether you are employed or not? This cash payment would arrive regularly, with “no strings attached.” The amount of money you currently earn would not affect this payment, and you could spend it on anything you want or need. In … Continued
Stephen Moore, IFA’s guest on Pray with America’s Leaders today, wrote this interesting op-ed addressing President Biden’s claim that his economic policies have been a success. Read Moore’s thoughts and then share yours in the comments. And don’t miss Moore talking and praying with Dave Kubal (IFA President/CEO) about why “Build Back Better” won’t build … Continued
Although many can’t travel abroad due to coronavirus-related travel restrictions, Christians can have a taste of the Holy Land delivered to them this Christmas season, and at the same time, support struggling Israeli businesses as thousands have closed due to declining tourism. The quarterly Artza subscription gift boxes provide customers with nine artisanal goods from the Holy … Continued
West Virginia State Treasurer Riley Moore on . . . how state treasurers are leveraging their power to fight against woke capitalism. “We get a lot of tax money from the coal and gas industry. So I’m not gonna go park that in some bank that at the same time is trying to destroy the … Continued
President Joe Biden signed an increase to the debt ceiling yet again this week that will put the nation well over $30 trillion in debt. Republicans do it. Democrats do it. Both parties have engaged in a cycle of federal debt spending that has taken us from 5.6 trillion in debt in the year 2000 … Continued
The Federal Reserve Chairman Jerome Powell made statements today akin to saying the emperor is wearing a beautiful coat. I can share examples, but to really encapsulate the issues, it’s actually easier to start by sharing a chart he presented when discussing inflation. Do you notice anything missing in this chart? Look at it carefully. … Continued
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Privacy Policy
