Last year, the U.S. auto industry sold 13.7 million vehicles, 8 percent fewer than in 2021 and the fewest since 2011 during the Great Recession, data firm Wards Intelligence shows.
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IRS: HIT THE PLANTATION WORKERS OF SLAVELANDIA, DON’T TOUCH THE RICH
In 2022, the U.S. Internal Revenue Service focused its audits on low-income individuals, according to IRS data analyzed by Syracuse University’s Transactional Access Records Clearinghouse (TRAC).
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HOME PRICE RATE OF INCREASE CONTINUES TO SLOW
For the first time since November 2020, the rate of growth in home prices fell into single digits in October, slowing to 9.2 percent from a 10.7-percent pace in September, according to the S&P CoreLogic Case Shiller U.S. home price index.
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U.S. ADDS 223,000 JOBS IN DECEMBER, MOST ARE PART-TIME
The U.S. economy filled 233,000 more jobs last month, dropping the unemployment rate from 3.6 percent to a 53-year low of 3.5 percent.
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INFLATION HITTING MIDDLE CLASS HARDEST
The U.S. middle class lost 2.9 percent of its purchasing power in 2021, while lower-income households saw theirs rise 1.5 percent, according to a study by the Congressional Budget Office (CBO).
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TOP TREND 2023, MIDDLE EAST MELTDOWN: SAUDI & U.S. VS. IRAN
The one constant that unites the U.S. and its allies is war, thus the improved relationship as of late between Washington and Riyadh.
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MORE EVIDENCE POLS BOOKED PROFITS OFF OF U.S. RUSSIA-UKRAINE WAR SPENDING
Multiple members of Congress initiated and profited from investments directly impacted by American military support for Ukraine.
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AMERICAN DUMBING DOWN: MORE THAN 1 MILLION STUDENTS QUIT PUBLIC SCHOOLS
Public schools in the U.S. are closing due to a confluence of issues ranging from a decline in birth rates, to a rise in charter schools, and a jump in homeschooling.
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UNHAPPY NEW YEAR: AMERICANS BRACE THEMSELVES FOR 2023
About 80 percent of Americans predict economic hardships in 2023 and 90 percent are anticipating increased political conflict, according to a Gallup poll. About 65 percent of Americans believe prices will continue to rise this year.
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RICH CONTROL AMERICA: GOT NO MONEY, GOT NO VOTES
A nonprofit backed by billionaire financier George Soros discretely donated $140 million in 2021 to various political causes illustrating, once again, that the U.S. is not a “democracy,” but rather a “duh-mocracy.”