The economy takes center stage in this week’s gallery of editorial cartoons. The Federal Reserve raised interest rates by 0.75% in an effort to control inflation. This sent the stock market into bearish territory, defined as a 20% decline from its peak.
In our main image, the Chicago Tribune’s Scott Stantis captures the shock of the fall from your chair of small investors whose retirement savings are on the stock market. Bill Bramhall uses the same images in a cartoon titled “401(k) rollover”.
In a witty visual, Nick Anderson draws Fed Chairman Jay Powell grabbing the inflation tiger by the tail. Michael Ramirez sees President Joe Biden presiding over a hell of a crisis. Stantis comments on the political boost that inflation gives Republicans.
Another major topic in this week’s gallery is the House Select Committee hearings into the January 6, 2021 attack on the United States Capitol. Testimony last week centered on attempts by President Donald Trump’s staff, including Attorney General William Barr, to debunk Trump’s voter fraud allegations. The committee also focused on the former president’s campaign to pressure Vice President Mike Pence to delay or nullify Electoral College votes in some states — something he couldn’t do under the Constitution and the law, Pence’s advisers said. The committee showed photos of Pence being escorted to a safe location a few dozen paces from the Jan. 6 rioters.
Other topics in the gallery include Biden’s openness to Saudi Arabia despite calling it a “pariah” for executing journalist Jamal Kashoggi; a new professional golf tour underwritten by wealthy Saudis; efforts in the Senate to reach bipartisan agreement on gun restrictions after mass shootings in Uvalde, Texas, and Buffalo, New York; and Father’s Day.
The cartoons were drawn by Nick Anderson, Bill Bramhall, Dana Summers, Drew Sheneman, Scott Stantis, Walt Handelsman, David Horsey, Phil Hands, Joel Pett, and Joey Weatherford of Tribune Content Agency; and Mike Luckovich and Michael Ramirez of Creators Syndicate.