Everything is NOT Fine
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Happy Friday! Here are the top stories you might have missed.
It's Fine, Everything is Fine
Biden said the U.S. economy is “on the right path” hours after the Bureau of Economic Analysis announced that GDP had contracted for the second consecutive quarter, sending the U.S. into a recession.
Mexico Doesn't Like Immigrants
Some Mexico City residents are expressing anger over the influx of American's speaking English that have moved to the city. So now Mexico doesn't like immigrants, huh?
CHIPS Act of 2022
House of Representatives passed a $280 billion bill aimed at increasing competition with China, sending it to Biden’s desk after more than a year of congressional negotiations.
Build Back Broke
Republicans are not pleased with the prospect of a revived version of Build Back Better after Joe Manchin and Chuck Schumer announced they came to an agreement on a reconciliation package. Will this make inflation worse?
What's Going On?
A weird video of Biden made the rounds on Tuesday and it's caused GOP Reps to call for a cognitive decline test. Have you seen this?
Five Things That Will Cost More Now
Rate hikes increase the costs of borrowing money, which can help slow inflation. But they also result in added costs for consumers already dealing with elevated prices for goods and services.
Your Funny of the Day!
- Are you raising a politician?
- Do you know what the paper towels at the gas station are for?
- That's a very good question.
State Primaries in August
