Two Million Jobs, Poof: Biden’s Bidenomics ‘Boom’ Meets Reality

The Biden administration’s vaunted jobs boom just met the revision reaper: the Bureau of Labor Statistics has now erased roughly 2 million jobs from the last three years and subtracted another 911,000 for the 12 months through March 2025. What Biden Recovery? BLS Revisions Torch Biden’s Job Claims Zerohedge, which has long heckled the sausage-making … Read more

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s Economic Policies and Sanctions on Russia Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), criticized the economic policies of former U.S. President Joe Biden, asserting that they … Read more

Bitcoin Giant Microstrategy Caught in Biden’s Tax Web

This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable financial obligation on the firm. Microstrategy’s Billion-Dollar Bitcoin Gamble Hits a Snag: CAMT Tax Law Looms, … Read more