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Inflation and Shortage Observations

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Just now, Boogyman said:

"WASHINGTON — Democratic lawmakers on Wednesday released a report alleging that top Trump administration officials had awarded a $700 million pandemic relief loan to a struggling trucking company in 2020 over the objections of career officials at the Defense Department.

 

The report, released by the Democratic staff of the House Select Subcommittee on the Coronavirus Crisis, describes the role of corporate lobbyists during the early months of the pandemic in helping to secure government funds as trillions of dollars of relief money were being pumped into the economy. It also suggests that senior officials such as Steven Mnuchin, the former Treasury secretary, and Mark T. Esper, the former defense secretary, intervened to ensure that the trucking company, Yellow Corporation, received special treatment despite concerns about its eligibility to receive relief funds."

12 minutes ago, Boogyman said:

"WASHINGTON — Democratic lawmakers on Wednesday released a report alleging that top Trump administration officials had awarded a $700 million pandemic relief loan to a struggling trucking company in 2020 over the objections of career officials at the Defense Department.

 

The report, released by the Democratic staff of the House Select Subcommittee on the Coronavirus Crisis, describes the role of corporate lobbyists during the early months of the pandemic in helping to secure government funds as trillions of dollars of relief money were being pumped into the economy. It also suggests that senior officials such as Steven Mnuchin, the former Treasury secretary, and Mark T. Esper, the former defense secretary, intervened to ensure that the trucking company, Yellow Corporation, received special treatment despite concerns about its eligibility to receive relief funds."

 

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18 minutes ago, Boogyman said:

"WASHINGTON — Democratic lawmakers on Wednesday released a report alleging that top Trump administration officials had awarded a $700 million pandemic relief loan to a struggling trucking company in 2020 over the objections of career officials at the Defense Department.

 

The report, released by the Democratic staff of the House Select Subcommittee on the Coronavirus Crisis, describes the role of corporate lobbyists during the early months of the pandemic in helping to secure government funds as trillions of dollars of relief money were being pumped into the economy. It also suggests that senior officials such as Steven Mnuchin, the former Treasury secretary, and Mark T. Esper, the former defense secretary, intervened to ensure that the trucking company, Yellow Corporation, received special treatment despite concerns about its eligibility to receive relief funds."

Drain the swamp!!!

 

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On 8/1/2023 at 9:03 AM, Boogyman said:

"WASHINGTON — Democratic lawmakers on Wednesday released a report alleging that top Trump administration officials had awarded a $700 million pandemic relief loan to a struggling trucking company in 2020 over the objections of career officials at the Defense Department.

 

The report, released by the Democratic staff of the House Select Subcommittee on the Coronavirus Crisis, describes the role of corporate lobbyists during the early months of the pandemic in helping to secure government funds as trillions of dollars of relief money were being pumped into the economy. It also suggests that senior officials such as Steven Mnuchin, the former Treasury secretary, and Mark T. Esper, the former defense secretary, intervened to ensure that the trucking company, Yellow Corporation, received special treatment despite concerns about its eligibility to receive relief funds."

Yeah the relief went to all kinds of industries that had no business getting relief. One of the ones I can think of off the top of my head was the Christmas tree industry getting relief. Even though Christmas tree sales were up during Covid. As it turns out Big Christmas Tree has a lobbying arm. 

5 minutes ago, Bill said:

Yeah the relief went to all kinds of industries that had no business getting relief. One of the ones I can think of off the top of my head was the Christmas tree industry getting relief. Even though Christmas tree sales were up during Covid. As it turns out Big Christmas Tree has a lobbying arm. 

Well Trump literally said "I am the oversight" when asked about the monitoring of the PPP money.

  • 4 weeks later...

WSJ: Blue-Collar vs. White-Collar Pay: Why a Decades Long Trend Is Flipping

Wages are outpacing inflation, driven largely by pay gains for low-income workers. Those gains have helped close the gap between blue- and white-collar workers. WSJ explains what’s driving the higher wages, and whether they will stick around.

__________

TLDR: blue collar workers are seeing wage growth that's outpacing inflation, whole white collar workers are not. 

I'm sure Biden will get all the praise that Trumplicans would be lavishing in Trump for this.

  • 2 months later...

The deficit for fiscal year 2023 was $1.7 trillion, growing 23 percent in a single year as the Treasury used $879 billion just to service the federal debt. 

$900B in interest payments. Two wars to fund. That money is coming from somewhere......

State and local health departments across the U.S found out in June they’d be losing the final two years of a $1 billion investment to strengthen the ranks of people who track and try to prevent sexually transmitted diseases — especially the rapid increase of syphilis cases.

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  • 3 weeks later...
On 10/31/2023 at 12:45 AM, lynched1 said:

$900B in interest payments. Two wars to fund. That money is coming from somewhere......

State and local health departments across the U.S found out in June they’d be losing the final two years of a $1 billion investment to strengthen the ranks of people who track and try to prevent sexually transmitted diseases — especially the rapid increase of syphilis cases.

Thats good less pointless Govt jobs. You should applaud that…if you had any principles

7 hours ago, ToastJenkins said:

Thats good less pointless Govt jobs. You should applaud that…if you had any principles

I consider both a waste. 

Extra principals for me. 🤫

Thanks Joe for higher prices and no strategic reserve.

3 hours ago, The_Omega said:

Thanks Joe for higher prices and no strategic reserve.

I'm sure he'll sell off more of the reserves in 6 to 9 months

3 hours ago, The_Omega said:

Thanks Joe for higher prices and no strategic reserve.

And the high interest rates 

whats the interest on the national debt now?

You morons are absolutely clueless when it comes to energy 🤣

8 hours ago, barho said:

You morons are absolutely clueless when it comes to energy 🤣

Give them a break, they have to blame their pathetic lives on someone. 

On 11/22/2023 at 11:29 AM, mr_hunt said:

 

So it all stopped when we got a real President. Good job Obama!!!

15 hours ago, barho said:

You morons are absolutely clueless when it comes to energy 🤣

No, we're fully aware that you think that we're supposed to be thanking the president for higher gas prices and lesser security.  Just because any sane, rational person would obviously disagree with you doesn't mean that we're clueless about your meaning.

16 minutes ago, The_Omega said:

No, we're fully aware that you think that we're supposed to be thanking the president for higher gas prices and lesser security.  Just because any sane, rational person would obviously disagree with you doesn't mean that we're clueless about your meaning.

You are the most sane, rational, and very normal person that posts here.

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