President Joe Biden is expected to sign the CHIPS Act, a $280 billion spending bill meant to incentivize American manufacturers to produce semiconductor chips in the U.S. Critics say the measure contains no accountability requirements for companies that receive the taxpayer dollars, will increase the national debt and 40-year-high inflation, and won’t strengthen national security. …
June 27, 2022 Texas Manufacturing Growth Abates, Outlooks Worsen What’s New This Month For this month’s survey, Texas business executives were asked supplemental questions on wages, prices and revenue restraints. Results for these questions from the Texas Manufacturing Outlook Survey, Texas Service Sector Outlook Survey and Texas Retail Outlook Survey have been released together. Read …
Texas Manufacturing Growth Abates, Outlooks Worsen Read More »
The country’s economy will worsen, warned billionaire businessman, supermarket chain owner, and radio talk show host John Catsimatidis, who claimed a recession is completely avoidable as he blamed the Biden administration for refusing to “open up the spigots” and allow America to power itself. Appearing on Fox Business Network’s “Mornings with Maria” on Monday, Catsimatidis …
Billionaire CEO Warns Economy Will Worsen, Blames Biden Admin for ‘Destroying America’ Read More »
