Yet they keep saying it’s oil and gas that’s subsidized. More subsidies equals more inflation while privilaged labor, political elites, and the politically connected benefit at a cost to the rest of society.
Why don’t the Dems just nationalize everything and go full commie like many of their supporters want? They keep going further down that road with their love of central planning and the seizure of productive economic capital through taxation.
So inflation has to have more than offset all those government handouts during the pandemic. Hopefully people heed this lesson. Government spending, especially through borrowing which requires money printing, is always inflationary.
Most people don’t care about the haggling over the debt ceiling since it does not make sense when one can set their own limits. The only fear is being driven by media needing a story.
Take away voter ID laws, and the often talked about citizenship requirement, and this is how Democrats hope to continue to expand their voter base. They are making a farce of US democracy, and most of the world outside the west knows it.
As usual they’ll drag there feet, and probably intentionally since China shows no real concern. Just political theatre by politicians and bureaucrats trying to justify their positions.
Why do we trust any of these central planners? They originally told us the inflation was transitory, which was an outright lie if we are supposed to believe they are as intelligent as most think.
Subsidies funded by the billions the government makes of fossil fuels. Hopefully the investments pay off, which is rare, or else there’s no benefit to the environment.
Here then is the trade off; had they not depleted the SPRs they would not need to refill and lift fuel demand and prices. They were depleted just for political theatre.
Great example of how central banking system results in a spiral of bigger banks, less competition, and more government regulations. This is not free markets.
Why would China be any different than anywhere else; most governments screwed up their economies with their misguided pandemic policies. The west just conveniently tried to blame it on Putin.
The nanny state protecting citizens from services they actually want, why else would the companies want to be there? It’s also the adoption of services like these that will help people reduce their climate damage.
Someone needa to tell Yellen and her ilk that reducing spending would also solve the debt ceiling problem. Kinda just like everyone else has to do when they need to pay off their credit cards.
So you’re saying is that what kids watch has no influence on them? And gay and drag queens are different issues. Also, parents always have to explain stuff to their kids, which is what his comment is about.So you’re saying is that what kids watch has no influence on them? And gay and drag queens are different issues. Also, parents always have to explain stuff to their kids, which is what his comment is about.
Good luck. The media is covering for the Biden administration and Dems as per usual. No headlines on the discoveries concerning the Biden family’s influence peddling either.
His stories and are as outlandish as Biden’s, and yet Biden is POTUS. A quick search online proves this. And then there’s the Democrat who was proven to be sleeping with a Chinese spy and nothing was done about it.
But further to his point, core CPI is expected to be higher than CPI with energy, where with higher oil prices you wouldn’t expect such a difference.But further to his point, core CPI is expected to be higher than CPI with energy, where with higher oil prices you wouldn’t expect such a difference.
If they are smart, they knew what they were doing, they were not mistakes. They should have known what the long term implications of their decisions would be. If they are smart, they knew what they were doing, they were not mistakes. They should have known what the long term implications of their decisions would be.
With Biden’s cognitive capabilities in question I doubt he understands much about AI. No doubt his aides and controllers take the lead while his participation is just political theatre.