May 18, 20223 yr On 5/13/2022 at 11:09 PM, MidMoFo said: How can you continue to blame the FDA and not the manufacturer? If Republicans had their way, the FDA wouldn't even exist.
May 18, 20223 yr Just now, EaglesRocker97 said: Add in the fact that we don't even bother to enforce laws against monopolies anymore, so you get an entire industry controlled by like 3 companies, and when there's a crisis with one of them, the whole market breaks down. There is a reason monopolies used to be frowned upon... But today? The almighty dollar rules. Monopolies can make bank.
May 18, 20223 yr 5 hours ago, we_gotta_believe said: Biden's so bad he's causing inflation in other countries to skyrocket! Now you're catching on.
May 19, 20223 yr 7 hours ago, JohnSnowsHair said: U.K. Inflation Hits 40-Year High, Putting Government on Defensive Weird. I was told that our inflation was worse because of Biden. Yeah, see, this is the thing with having 80% of global trade settled in dollars — as the saying goes, when the US coughs, the world catches a cold. This is the same thing that happened with the Arab Spring. Food prices sky rocketed in dollar terms, so the Middle East had civil unrest because unlike most Americans, they don’t have the disposable income to absorb higher food prices. Our inflation becomes the world’s inflation. And inflation can have disastrous consequences. You laugh, but there are going to be a lot of people who die over this. Africa and the Middle East specifically will have direct deaths from hunger or indirect deaths from the resulting social unrest. When you think of Tiananmen Square, I’m sure the first thing you think of is that brave sole standing in front of a tank. You probably associate it with student protests and people wanting greater freedom. What no one seems to remember is that the undercurrent to this was inflation and food prices. Food is not something you want to mess with. You want food cheap and plentiful, not expensive and scarce. People all over the world will kill for it if necessary. And that’s the direction we are headed. There is already civil unrest in the Southern Hemisphere and it is likely to get a lot worse.
May 19, 20223 yr 8 hours ago, JohnSnowsHair said: U.K. Inflation Hits 40-Year High, Putting Government on Defensive Weird. I was told that our inflation was worse because of Biden. Yah, Biden is GOOD for inflation. I mean you showed us a chart, so that's that!
May 19, 20223 yr 1 hour ago, TEW said: Yeah, see, this is the thing with having 80% of global trade settled in dollars — as the saying goes, when the US coughs, the world catches a cold. This is the same thing that happened with the Arab Spring. Food prices sky rocketed in dollar terms, so the Middle East had civil unrest because unlike most Americans, they don’t have the disposable income to absorb higher food prices. Our inflation becomes the world’s inflation. And inflation can have disastrous consequences. You laugh, but there are going to be a lot of people who die over this. Africa and the Middle East specifically will have direct deaths from hunger or indirect deaths from the resulting social unrest. When you think of Tiananmen Square, I’m sure the first thing you think of is that brave sole standing in front of a tank. You probably associate it with student protests and people wanting greater freedom. What no one seems to remember is that the undercurrent to this was inflation and food prices. Food is not something you want to mess with. You want food cheap and plentiful, not expensive and scarce. People all over the world will kill for it if necessary. And that’s the direction we are headed. There is already civil unrest in the Southern Hemisphere and it is likely to get a lot worse. Ah, I see, so Biden is directly killing Africans and Arabs with his policy decisions? Sounds like we have a pretty good idea who you and KKKz will be voting for in 2024.
May 19, 20223 yr Oops https://fortune.com/2022/05/17/us-infant-baby-formula-shortage-imports-fda-nutrition-tariffs-usmca/amp/ As part of the United States-Mexico-Canada Agreement (USMCA), negotiated by President Donald Trump to replace the North America Free Trade Agreement in July 2020, Canada agreed to impose an additional surcharge of $3/kg if the total volume of its global formula exports—not just exports to the U.S.—broke a certain threshold. That threshold is currently set at 40,480 metric tons for the current "dairy year” of August 1 2021 to July 31 2022. The new duties seemingly closed off Canada as a source of infant formula. The U.S. imported a grand total of zero tons of baby formula from its nothern neighbor in 2021, yet has shipped tons of domestic formula into Canada.
May 19, 20223 yr 1 hour ago, VanHammersly said: Oops https://fortune.com/2022/05/17/us-infant-baby-formula-shortage-imports-fda-nutrition-tariffs-usmca/amp/ As part of the United States-Mexico-Canada Agreement (USMCA), negotiated by President Donald Trump to replace the North America Free Trade Agreement in July 2020, Canada agreed to impose an additional surcharge of $3/kg if the total volume of its global formula exports—not just exports to the U.S.—broke a certain threshold. That threshold is currently set at 40,480 metric tons for the current "dairy year” of August 1 2021 to July 31 2022. The new duties seemingly closed off Canada as a source of infant formula. The U.S. imported a grand total of zero tons of baby formula from its nothern neighbor in 2021, yet has shipped tons of domestic formula into Canada. So all those jobs under NAFTA that were being filled in Mexico are now being filled in the U.S., and Biden gets the credit for that, right?
May 19, 20223 yr 2 hours ago, TEW said: Yeah, see, this is the thing with having 80% of global trade settled in dollars — as the saying goes, when the US coughs, the world catches a cold. This is the same thing that happened with the Arab Spring. Food prices sky rocketed in dollar terms, so the Middle East had civil unrest because unlike most Americans, they don’t have the disposable income to absorb higher food prices. Our inflation becomes the world’s inflation. And inflation can have disastrous consequences. You laugh, but there are going to be a lot of people who die over this. Africa and the Middle East specifically will have direct deaths from hunger or indirect deaths from the resulting social unrest. When you think of Tiananmen Square, I’m sure the first thing you think of is that brave sole standing in front of a tank. You probably associate it with student protests and people wanting greater freedom. What no one seems to remember is that the undercurrent to this was inflation and food prices. Food is not something you want to mess with. You want food cheap and plentiful, not expensive and scarce. People all over the world will kill for it if necessary. And that’s the direction we are headed. There is already civil unrest in the Southern Hemisphere and it is likely to get a lot worse. And there are people here who will make jokes and ridicule anyone who has the temerity to suggest we are headed into a food crisis.
May 19, 20223 yr Author 14 minutes ago, Toastrel said: 192 Republicans vote AGAINST money for the baby formula shortage. THANKS BRANDON! But everyone thinks Ukraine should get $40B
May 19, 20223 yr Just now, Seventy_Yard_FG said: But everyone thinks Ukraine should get $40B No, they voted against that too, didn't they?
May 19, 20223 yr https://www.foxbusiness.com/economy/gas-prices-rising-august-summer-demand-2022 Gas prices will surpass $6 nationwide by August, JPMorgan says Average price for a gallon of regular gasoline already surpassed $6 in Los Angeles and San Francisco
May 19, 20223 yr Here are the 9 Republicans who voted against a bill to help poor families buy baby formula amid the ongoing shortage https://www.msn.com/en-us/news/politics/here-are-the-9-republicans-who-voted-against-a-bill-to-help-poor-families-buy-baby-formula-amid-the-ongoing-shortage/ar-AAXseCN?ocid=BingNews Quote Many Republicans crossed party lines to vote for HR 7791, the Access to Baby Formula Act, which passed the House on Wednesday with 414 "yes" votes. However, the bill — which comes amid a crisis where parents are struggling to procure baby formula for their children — was voted down by nine Republican lawmakers. The "no" votes were cast by GOP Reps. Andy Biggs, Lauren Boebert, Thomas Massie, Clay Higgins, Matt Gaetz, Chip Roy, Paul Gosar, Louie Gohmert, and Marjorie Taylor Greene. The bill now goes to a vote in the Senate. Really not surprising. Donald Drumpf's Nine Stink Wraiths
May 19, 20223 yr 10 hours ago, TEW said: Yeah, see, this is the thing with having 80% of global trade settled in dollars — as the saying goes, when the US coughs, the world catches a cold. This is the same thing that happened with the Arab Spring. Food prices sky rocketed in dollar terms, so the Middle East had civil unrest because unlike most Americans, they don’t have the disposable income to absorb higher food prices. Our inflation becomes the world’s inflation. And inflation can have disastrous consequences. You laugh, but there are going to be a lot of people who die over this. Africa and the Middle East specifically will have direct deaths from hunger or indirect deaths from the resulting social unrest. When you think of Tiananmen Square, I’m sure the first thing you think of is that brave sole standing in front of a tank. You probably associate it with student protests and people wanting greater freedom. What no one seems to remember is that the undercurrent to this was inflation and food prices. Food is not something you want to mess with. You want food cheap and plentiful, not expensive and scarce. People all over the world will kill for it if necessary. And that’s the direction we are headed. There is already civil unrest in the Southern Hemisphere and it is likely to get a lot worse. The Arab Spring and Tiananmen Square uprising didn’t happen because of food prices.
May 19, 20223 yr 10 hours ago, TEW said: Yeah, see, this is the thing with having 80% of global trade settled in dollars — as the saying goes, when the US coughs, the world catches a cold. This is the same thing that happened with the Arab Spring. Food prices sky rocketed in dollar terms, so the Middle East had civil unrest because unlike most Americans, they don’t have the disposable income to absorb higher food prices. Our inflation becomes the world’s inflation. And inflation can have disastrous consequences. You laugh, but there are going to be a lot of people who die over this. Africa and the Middle East specifically will have direct deaths from hunger or indirect deaths from the resulting social unrest. When you think of Tiananmen Square, I’m sure the first thing you think of is that brave sole standing in front of a tank. You probably associate it with student protests and people wanting greater freedom. What no one seems to remember is that the undercurrent to this was inflation and food prices. Food is not something you want to mess with. You want food cheap and plentiful, not expensive and scarce. People all over the world will kill for it if necessary. And that’s the direction we are headed. There is already civil unrest in the Southern Hemisphere and it is likely to get a lot worse. That seems to me to go more towards scarcity of a good than it being specifically because it's traded in dollar terms. Water scarcity and growing populations contributed heavily to food scarcity during the Arab spring, which caused food prices increases as supply lagged demand. Many Arab countries had long outpaced their ability to feed themselves, and any nation that had to purchase food through trade to feed their population is going to be at risk there. Dollar policies obviously may have some effect there, but inflation wasn't bad in 2010. UKs inflation is driven primarily by the same issues US inflation is: high energy costs. Energy being a world commodity, it's not surprising that they're mirroring inflation we're seeing. I see that as less because of the world trading on the dollar than economies competing for the same necessities and driving the cost of those necessities up (in this case energy), complicated by the fact that energy costs show up in most every other good purchased at market. All of which are largely outside the ability of the government or even central banks to directly control. They can only try to mitigate it, but balance those mitigation efforts against risk of worsening the impending recession. OPEC and Russia are the main drivers there.
May 19, 20223 yr I am sure zuker and company are writing their elected GOP officials to complain about voting against baby formula. Their outrage was already legendary.
May 19, 20223 yr 2 hours ago, Toastrel said: 192 Republicans vote AGAINST money for the baby formula shortage. THANKS BRANDON! Republicans: It's so unfair and untrue that we only care about unborn babies.
May 19, 20223 yr 2 hours ago, Toastrel said: 192 Republicans vote AGAINST money for the baby formula shortage. THANKS BRANDON! @Kz! right?
May 19, 20223 yr Are you even looking Joe? Two young children in Memphis are hospitalized after needing IV fluids and nutritional support due to baby formula shortage https://www.dailymail.co.uk/news/article-10829801/Two-children-TN-hospitalized-needing-IV-fluids-baby-formula-shortage.html Yeah Joe. Do you care? If you do, why do you let the GOP block funding for baby formula? Why Joe?
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