Economy RedPill Collection |
Fact checks on inflation, jobs, banking, and how officials talk about the US economy. That includes recession definitions, bank failures, Fed rules, IRS funding, and on-the-record claims about gas prices and the labor market. Every entry is tied to video, official text, or an archived page.
"Uninsured investors will be made whole in that Bank. And I suppose that could include foreign depositors, but I don't believe there is any legal basis..."
Announced on March 15, 2020, and effective March 26, 2020, the Federal Reserve Board reduced the reserve requirement ratios to zero percent.
The Inflation Reduction Act was passed on August 7, 2022, with a 51-50 vote in the senate.
According to a live database published by the FDIC, 565 banks have failed in the United States since they began tracking it in October 2000.
On April 12, 2023 James O'Keefe posted screenshots from the ActBlue website (actblue.com).
By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs.
"When I argued that we should freeze Federal spending, I meant Social Security as well. I meant Medicare and Medicaid. I meant veterans benefits."
"To the companies running gas stations and setting those prices at the pump, bring down prices you're charging at the pump... do it now! Do it now!"
"What's inflation? Inflation is at the end of the month do you have less money from your paycheck or more money from your paycheck."
"Americans can have confidence that the banking system is safe. Your deposits will be there when you need them."
In a video recorded at a Baskin Robbins ice cream shop in Portland, Oregon, Joe Biden
Under his watch. Unless he is referring to record losses, this statement is false.
"I don't think there will be a recession-if it is, it'll be a very slight recession."
On February 3, 2023, Joe Biden said in response to a line of questioning from a reporter, that he does not take blame for inflation, because it was already...
During a visit to Los Angeles on Thursday October 13, 2022, Joe Biden, when asked a question about gas prices reaching nearly seven dollars a gallon in...
On March 29, 2023, when asked what we should expect coming up as it relates to this banking crisis, Joe Biden responded
"Lay off roughly 10% of its current workforce -- at least 100 people -- and eliminate most vacant positions."
Silicon Valley Bank has officially filed a twelve-page document titled 'Voluntary Petition for Non-Individuals Filing For Bankruptcy'.
2021 data collected by the NRF (National Retail Federation), shows that retail theft is a $94.5 Billion problem.
In 2022 Brian Deese gave a White House Press Briefing where he was asked why the White House was redefining the word recession.
In data collected and analyzed by the Federal Reserve Bank of Philadelphia (for the time period of March through June (Q2 of 2022)), it is shown that despite...