It’s been an eventful week, with political figures and economists making headlines. Here’s a quick look at some of the most significant stories that unfolded over the week.

Marjorie Taylor Greene Says Trump And JD Vance Are ‘Failing’ So Badly On Inflation

Former Rep. Marjorie Taylor Greene has brought attention to a shift in the political narrative regarding the economy. She suggested that despite the surge in inflation during Joe Biden‘s presidency, Americans favor Democrats over Republicans on economic issues.

Greene highlighted the 9% inflation under Biden, arguing that Republicans are “failing so badly on cost of living and domestic issues” that a Fox News poll shows Americans prefer Democrats on the economy. This comes as U.S. inflation reached a four-year high in March, driven by rising energy prices linked to the U.S.-Iran war.

Read the full article here.

Lindsey Graham Says Trump’s ‘Brilliant Blockade’ Is Crushing Iran’s Economy

Senator Lindsey Graham (R-S.C.) has urged President Donald Trump to maintain strict control over the Strait of Hormuz. He views the U.S. naval blockade as a crucial leverage point in Washington’s standoff with Iran.

Graham believes that the maritime squeeze is effectively crippling the Iranian economy. He also dismissed any potential revival of the 2015 nuclear framework, comparing Iranian uranium enrichment to a threat that should never be legitimized.

Read the full article here.

Robert Reich Blames AI For The Complete Disconnect Between Stock Market And Real Economy

Renowned economist and Former Secretary of Labor, Robert Reich, has pointed out the role of artificial intelligence (AI) in driving stock market gains while jobs and wages stagnate in the real economy.

Reich highlighted a video clip from “Coffee Klatch,” where he discusses how AI allows companies to reduce payroll costs, thereby increasing profits and boosting stock market performance, while the average working population loses jobs.

Read the full article here.

Scott Bessent Slams Elizabeth Warren

Treasury Secretary Scott Bessent has accused Senator Elizabeth Warren (D-Mass.) of political grandstanding in relation to the Federal Reserve leadership.

Bessent claimed that Warren boasted about her “leading role in delaying Fed Chair Jay Powell’s renomination.” This action has contributed to the Biden-era inflation crisis, which is the worst since the 1970s, according to Bessent.

Read the full article here.

Iran War Inflation Likely To Stick Even After Ceasefire

The economic consequences of the U.S.-Iran war are proving more persistent than the conflict itself. Economists warn that a wave of inflation will persist long after the fighting stops.

U.S. inflation surged to 3.3% in March, its highest level in two years, driven largely by surging fuel costs. Petrol prices have risen from $2.98 per gallon when the conflict began in late February to $4.08 on Friday, according to the AAA motoring group.

Read the full article here.

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