
In reality, the inflation that plagued the U.S. as it reopened from the worst days of the Covid-19 pandemic has slowed dramatically, making it clear that the policies of the Biden administration are working. As Jennifer Rubin noted yesterday in the Washington Post, the annual inflation rate for producers is 2.7%—the lowest rate in more than two years—while consumer price increases are at their lowest point since May 2021: 5%. Gasoline prices have dropped 17.4% since the high prices that followed Russia’s invasion of Ukraine. The overall declines mark nine months of slowing inflation.
At the same time, labor force participation is at record high levels and unemployment is at a 50-year low of 3.5%. Black unemployment, which stands at 5%, has never been lower. Real incomes—that is, incomes after inflation is factored in—have risen 7% for those making $35,000 a year or less and 1.3% across the whole economy. Meanwhile, the deficit has dropped more than $1.7 trillion in two years.
|
Eco warriors and politics
- U.S. Sen. Bernie Sanders rallies for minimum wage hike in Nashville (TN Lookout)
- Federal judge overturns Tennessee’s ban on drag shows (TN Lookout)
- State taps private law firm for Campbell public records challenge (TN Lookout)
- New TNJ edition alert: Redistricting case update, special session wrangling, AG-approved drag shows (TN Journal)
- Stockard on the Stump: House speaker avoids questions on Cothren claims (TN Lookout)
- U.S. Senate sends Biden debt limit legislation ahead of Monday default deadline (TN Lookout)
- Second lawsuit seeks to block state law aimed at Nashville Fairgrounds Speedway (TN Lookout)
- U.S. Senate votes to block student loan relief, White House will veto (TN Lookout)
- Sumner County Commission poised to scrap county human resources department (TN Lookout)
- 5 Tennessee Republicans vote against debt ceiling deal in U.S. House (TN Journal)
- Two events to celebrate Tennessee Statehood Day (TN Journal)
- Cothren says records would show he consulted for Sexton on speaker’s bid in 2019 (TN Journal)
- New TNJ edition alert: Intimidation allegations in public corruption case, parents fret about retention law (TN Journal)
- Lee sending 100 Tennessee National Guard members to border with Mexico (TN Journal)
- 3rd grade retention: Find your school district scores here (TN Journal)
- Tenn. sets new record for business registrations, renewals (TN Journal)
Science and stuff
- A ‘vampire einstein’ tile outdoes mathematicians’ latest feat (Science News Daily)
- Weird black holes may hold secrets of the early universe (Science News Daily)
- Coral reefs host millions of bacteria, revealing Earth’s hidden biodiversity (Science News Daily)
- Measurements of a key radioactive decay nudge a nuclear clock closer to reality (Science News Daily)
- These ants build tall nest hills to help show the way home (Science News Daily)
- How a new Lyme vaccine for mice may protect people (Science News Daily)
- Quantum computers braided ‘anyons,’ long-sought quasiparticles with memory (Science News Daily)
- With tools from Silicon Valley, Quinton Smith builds lab-made organs (Science News Daily)
- Charting a course for the future of Science News (Science News Daily)
- Readers ask about AI ethics, monkey tool use and more (Science News Daily)
Discussing
- The Most Important Thing You Will Read Today! (1 reply)
- Friday Toons (1 reply)
- TN GOP Congressman Stands with George Santos in Refusing to File Legally Required Fedral Financial Disclosure DocumentsFederal (1 reply)
- About Danged Time! (1 reply)
- Former GOP Speaker of the House Arrested Facing 20 years (1 reply)
- Why the Allman Brothers Band is the greatest Southern Jam Band of All Time or...Why Cher Married Gregg (1 reply)
- Dan Tyminski at the South West Point Ampitheater tonight...FREE (1 reply)
- Toons (1 reply)
- Democrats Propose Better Congressional Redistricting Map That Keeps Communities Together (1 reply)
- Try to Save Children's Lives and Get Fired By Governor Lee (1 reply)
- Trump Losing Streak Continues (1 reply)
- Sometime Today Roane County Will Record Its 80th Covid Death (1 reply)
Lost Medicaid Funding
Sponsors
Brother Websites
Local Interest:
Folks that Help:
Progressiveness:
- All Hat No Cattle
- American Progress
- Campaign for America's Future
- Daily KOS
- digby
- Paul Krugman
- Talking Points Memo
- Whitehouse.gov
Local News Media:
Local Government:
- City of Harriman
- City of Harriman Code
- City of Kingston
- City of Kingston Code
- City of Oliver Springs
- City of Oliver Springs Code
- City of Rockwood
- City of Rockwood Code
- Congressman Charles 'Chuck' J. Fleischmann
- Rep. Kent Calfee
- Rep. Ron Travis
- Roane County
- Roane Schools
- St. Sen. Ken Yager
Candidates: