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Inflation and Shortage Observations

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7 minutes ago, we_gotta_believe said:

Nice edit to toss that in after the fact, 

1)

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2) 

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Barely 10 am and Tiny Tool already stepped in it.  Again.  :lol: 

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The International Monetary Fund (IMF) released a staff report last week, advising the Federal Reserve to wait to cut interest rates and instead suggests that the government raises taxes to combat the out-of-control federal debt.

 

  • 3 weeks later...

 

Memorializing the inflation situation for posterity.

Sorry, not sorry to those rooting for more inflation pain for partisan reasons.

8 minutes ago, JohnSnowsHair said:

 

Memorializing the inflation situation for posterity.

Sorry, not sorry to those rooting for more inflation pain for partisan reasons.

0% chance Trump would've been able to pull this off.  If he were in office, we'd be F'd right now.

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If Kevin Sorbo can find work, so can you!

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WASHINGTON, Feb 7 (Reuters) - The inflation-adjusted wealth of white households in the U.S. grew faster than that of Black and Hispanic households from the start of 2019 through the third quarter of last year, with Black households in particular now worse off than they were before the pandemic, a New York Fed study has concluded.

 

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Black Americans really got hammered. The only group worth less than they were in 2019. Talk about voting against your interest.....

 

They keep trying but people do have to keep paying for things

 

On 8/16/2024 at 4:13 PM, lynched1 said:

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Bidenomics

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11 hours ago, The_Omega said:

 

 

Yeah let's ignore the millions that went in to the research of it and several other candidates which failed. Let's just look at the cost to produce it once the research was completed. Solid logic, comrade.

Funny how your tune has changed now that it's not vaccines we're talking about. Big pharma is back to being good according to the latest trumpbot patch that was downloaded.

Canadian freight railroads shut down, dealing a potential blow to North America’s economy

https://www.cnn.com/2024/08/22/business/canadian-railroad-shut-down-hnk-intl/index.html

Quote

Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members of the Teamsters union who operate the trains and dealing a potential blow to both the Canadian and US economies.

Nearly a third of the freight handled by the two railroads — Canadian National (CN) and Canadian Pacific Kansas City Southern (CPKC) — crosses the US-Canadian border, and the shutdown could disrupt operations in a number of US industries, including agriculture, autos, home building and energy, depending upon how long the shutdown lasts.

"CPKC is acting to protect Canada’s supply chains, and all stakeholders, from further uncertainty and the more widespread disruption that would be created should this dispute drag out further resulting in a potential work stoppage occurring during the fall peak shipping period,” the company said in a Thursday statement shortly after the start of the lockout at 12:01 am ET. "Delaying resolution to this labor dispute will only make things worse.”

Ruh roh

While much of the focus has been on the presidential race, the ability of either Harris or Trump to advance their preferred policies will depend in large part on whether Democrats or Republicans control Congress.

"The key will be who controls the House and the Senate, irrespective of who is the president," said Thomas Hayes, chairman and managing member at Great Hill Capital, LLC, in the report.

2 hours ago, lynched1 said:

While much of the focus has been on the presidential race, the ability of either Harris or Trump to advance their preferred policies will depend in large part on whether Democrats or Republicans control Congress.

"The key will be who controls the House and the Senate, irrespective of who is the president," said Thomas Hayes, chairman and managing member at Great Hill Capital, LLC, in the report.

 

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56 minutes ago, VanHammersly said:

 

This idiotic talking point is helpful as it exposes people who know absolutely nothing about macroeconomics. 

Are we blaming private equity for $14 footlongs? $5 footlongs disappeared long before private equity bought Subway. Then do we praise them for offering a $7 limited-time special in 2024?  I don't really care if private equity prices Subway footlongs out of existence. It is garbage food.

 

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