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Inflation is being driven by external factors beyond 2021-11-11 6 - recovery
GOP blames Biden for supply chain inflation - 2021-10-31 7 - recovery
Economic recovery means things cost more! 2021-05-26 1 recovery
"There are two ideas of government. There are those 2021-03-10 23 - recovery

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UPDATED Mon Jul 10 03:26:48 PM PDT 2023

==========


Inflation is being driven by external factors beyond
Biden's control. The biggest single factor is energy
prices, driven by oil production cuts in Russia and Saudi
Arabia intended to increase prices.

 https://www.washingtonpost.com/business/2021/10/14/inflation-prices-supply-chain/

Government spending is not driving it.   But reducing
government spending and lowering taxes always sound good
to major donors.

 https://www.washingtonpost.com/us-policy/2021/11/10/inflation-white-house-manchin/

If the GOP were in power, they'd make it worse by cutting
taxes and reducing the social safety net, busting unions,
and then say be patient and let the free market work.
Being out of power, they say Biden should do something -
anything - so they can criticize him either for doing or
not doing.

The free market will work to resolve the supply-chain part
of inflation - eventually - but probably not in time to
influence the 2022 election.

#PS1recovery

=====

impact 0
impactrate 0
negative 0
posted 2021-11-11
reactrate 0
sharesrate 0
title Inflation is being driven by external factors beyond
topic recovery
wordrate 0
words 132
epoch Lifetime
ID 1537459353265245
impress 7
pageid 534332363577954
pagename "Political scrapbook"
posted "11/11/2021 06:11"
reach 6
title "Inflation puts White House on defensive as Manchin raises concerns about new spending"
type Link
URL https://www.facebook.com/politicalscrapbooknet/posts/1537459353265245

==========


GOP blames Biden for supply chain inflation -

 https://www.nytimes.com/2021/10/26/business/economy/biden-inflation.html

It takes time to train and equip thousands of new truck
drivers.         And - surprise - England is suffering
exactly the same problems under Trump pal Boris Johnson.
They lost thousands of foreign truck drivers after Brexit.

 https://www.nytimes.com/2021/10/27/business/britain-budget-sunak.html

Just think of all those brilliant MBA's who drove cost
out of their corporations with offshore outsourcing and
just-in-time logistics.    It worked great as long as
it worked - but now all that cost is driving back home.
Now hoarding seems more brilliant than JIT.

 https://www.bnnbloomberg.ca/people-are-hoarding-food-shortages-are-the-next-supply-chain-crunch-1.1668387

#PS1recovery

 https://www.nytimes.com/2021/10/26/business/economy/biden-inflation.html

=====

impact 0
impactrate 0
negative 0
posted 2021-10-31
reactrate 0
sharesrate 0
title GOP blames Biden for supply chain inflation -
topic recovery
wordrate 0
words 91
epoch Lifetime
ID 1530403440637503
impress 8
pageid 534332363577954
pagename "Political scrapbook"
posted "10/31/2021 20:10"
reach 7
title "Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda"
type Link
URL https://www.facebook.com/politicalscrapbooknet/posts/1530403440637503

==========


Economic recovery means things cost more!

Domestic leisure air travel has recovered and fares are
rising - no business travelers paying extra to subsidize
leisure travel.

 https://www.cnn.com/2021/05/25/business/plane-ticket-airlines-airfare/index.html

Atlanta employers are discovering - creeping communism! -
workers are costing more too.

 https://www.ajc.com/ajcjobs/labor-shortages-end-when-wages-rise-say-some-local-businesses/ZJGBDTEXOBFSXEH6WLCZCU6DNA/

There are plenty of workers - just not for lousy jobs
in lousy conditions for lousy pay and lousy benefits.
Some employers have bowed to capitalist economics and
raised wages, but of course the mainstream  GOP response
is to cut unemployment benefits in hopes of forcing those
those workers back to lousy jobs with lousy pay.  GOP job
creator donors approve, so what's the problem?

#PS1recovery

=====

impact 11
impactrate 0
likeimpress 1
negative 0
posted 2021-05-26
ratio 0
react 1
reactrate 0
sharesrate 0
title Economic recovery means things cost more!
topic recovery
wordrate 0
words 105
engaged 1
epoch Lifetime
ID 1422723108072204
likeimpress 1
pageid 534332363577954
pagename "Political scrapbook"
posted "05/26/2021 13:05"
title "Labor shortages end when wages rise, say some local businesses"
type Link
URL https://www.facebook.com/politicalscrapbooknet/posts/1422723108072204

==========


"There are two ideas of government.  There are those
who believe that, if you will only legislate to make the
well-to-do prosperous, their prosperity will leak through
on those below.  The Democratic idea, however, has been
that if you legislate to make the masses prosperous, their
prosperity will find its way up through every class which
rests upon them."

 https://en.wikipedia.org/wiki/Cross_of_Gold_speech#Bryan_addresses_the_convention

Bimetallism didn't last long but the difference between
ideas of government persists -

 https://www.washingtonpost.com/politics/2021/03/09/difference-between-trump-tax-cuts-biden-relief-bill-one-chart/

It's the difference between minority rule for the donors
and majority rule for the voters.

 https://www.political-scrapbook.net/2020-minority.html

Any time Republicans want to talk about budget deficits,
let them say which parts of their 2017 billionaire tax
relief they are willing to repeal!

 https://www.one-flat-tax.net/

#PS1recovery

 https://www.washingtonpost.com/politics/2021/03/09/difference-between-trump-tax-cuts-biden-relief-bill-one-chart/

=====

impact 0
impactrate 0
negative 0
posted 2021-03-10
reactrate 0
sharesrate 0
title "There are two ideas of government. There are those
topic recovery
wordrate 0
words 113
ID 1371030243241491
impress 26
likeuimpress 22
likeuusers 21
oimpress 26
oreach 23
posted "03/10/2021 07:38:55 AM"
reach 23
type Link
URL https://www.facebook.com/politicalscrapbooknet/posts/1371030243241491