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Biden Cartel Commentary Economy Links from other news sources.

Why Biden’s wrong on saying Inflation is down to 3%.

Visits: 17

Why Biden’s wrong on saying Inflation is down to 3%. Biden keeps on saying how Inflation’s only 3%. It’s not. It’s over 17%. What cost you $100.00 in 2021 doesn’t cost you $103.00. It’s over $117.00 today. That according to the U.S. Bureau of Labor Statistics.

The 3% he’s claiming is on top of inflation from 2021,2022, and 2023.Since 2021, inflation costs the typical household $11,434 annually.

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Biden Biden Cartel Commentary Corruption Economy Links from other news sources.

What happens when Biden inflation raises prices? You create a phony committee to blame Corporations.

Visits: 18

What happens when Biden inflation raises prices? You create a phony committee to blame Corporations. We all have seen what Biden policies have done to the economy and high prices.

So what does Biden do to fix it? Joe Biden will launch a new strike force jointly led by the Federal Trade Commission and Department of Justice, to tackle “unfair and illegal” corporate pricing, which he blames for consumers’ continued high costs of living.

Only person missing is AG James from NY. She has a history of going after corporate giants. The announcements and the meeting are part of Biden’s ongoing crusade against corporate pricing practices that he claims are unfair. The White House believes they contribute directly to the public perception that the economy is doing poorly, despite data that objectively shows a strong U.S. economy.

 

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Links from other news sources. Reprints from others.

Just putting this out there. Professor: COVID pandemic, inflation make minority parents ‘devolve’ to poor behavior

Visits: 18

‘Historically marginalized communities like Philadelphia experience even higher levels of trauma’A professor at Thomas Jefferson University said incidences of Philadelphia parents and other adults coming to schools to settle their kids’ arguments and threaten teachers is due in part to the effects of the COVID pandemic, inflation and gun violence.Psychologist Kirby Wycoff (pictured) told The Philadelphia Inquirer that “historically marginalized communities like Philadelphia experience even higher levels of trauma than other communities,” and as such “may devolve to behavior that’s not helpful.”

“These families are stressed out, overwhelmed, and not sure how to get their needs met,” Wycoff said. “It’s not OK, but I can understand where it’s coming from.”

Over the last two years, the 217 schools in the city district have seen a concerning number of threats and incidents involving adults. In the first half of this school year there have been “five assaults on employees by parents and 35 threats by parents to employees.” At this same time last year there were two and 41, respectively.

Jerry Jordan, president of the Philadelphia Federation of Teachers, related how he recently approved the transfer of a teacher who had been assaulted by a student and, soon thereafter, members of the student’s family.

“Adults just marched right into the school, ignored the rules of checking into the office, walked right into the classroom, and attacked the teacher [physically],” Jordan told the Inquirer.

MORE: Philly teachers fed up with knuckleheaded discipline policies

Former Principal Robin Cooper said school district officials share the blame: “Why would I act appropriately if there’s nothing in it for me, if I know I can come up and act a fool and my kid still gets to terrorize a school? Our schools are not bad if the supports are there to hold people accountable for behavior.”

Cooper’s comments reflect the situation in many American schools: a paucity of teachers.

Despite media accounts about things like poor salaries, constant student misbehavior and lack of administrative support rank consistently highest among educator (and potential educator) concerns.

Wycoff’s solutions — more school “resources” and “promoting trauma-informed practices across systems” — sound a lot like methods in line with “restorative justice.”

According to her faculty page, Wycoff is co-author of articles such as “Motherhood Among Young Black Women: Wisdom and Survival amidst Trauma, Racism, and Structural Oppression,” “‘I ain’t ready: It’s time to get ready:’ Exploring Dichotomous Feelings about Motherhood among Young Women of Color,” and “Applying a MTSS Framework to Address Racism and Promote Mental Health for Racially and Ethnically Minoritized Youth.”

MORE: Philly schools launch ‘comprehensive initiative’ to end racism

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Economy Uncategorized

Let’s talk Turkey. Joey boys record.

Visits: 34

One of the white house clowns put out a list of Joey boys accomplishments the past two years. But I have to say I’m a bit puzzled. For some reason a complete list wasn’t posted. So I thought that I will include just a few of the items that somehow got left off. How these items were not on this impressive list amazes me.

Airplane travel is 46% higher this year over last year. And last year was 38% higher than the year before. How about gasoline. Still on average $1.50 a gallon higher than 2020. And how can we forget inflation?

Inflation at 40 year high, and the administration brags how they got it under control at 8%. I’m sure that  put you at ease. Having Turkey tomorrow? Only 20% higher than last year. Last year 15% higher than the year before. And those 4 or 5 million undocumented?

Thanks to Joe you can invite one of the millions of undocumented folks over for Thanksgiving. Maybe they can show you their new phone the government gave them for free. And Joe’s great record on Crime.

Mass shootings are up this year and last year up over the year before. A record to truly be proud of. So in closing it looks like the only thing that Joe can claim he brought down was wages and spendable income after you figure in inflation. Walk and be proud Joe.

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Categories
Crime Economy Opinion

Why is Crime, Inflation, Gas prices, Food, etc. going up? Can you say Democrat?

Visits: 23

Look at the state of our country. All the negative issues are up. Why is that? Look at Blue state leadership? Look at leadership in red state large cities. What do they all have in common? Democrats in power.

Nuff Said.

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Reprints from others. Economy Opinion Politics Uncategorized

As inflation takes off, politicians eye more of your money

Visits: 16

As inflation takes off, politicians eye more of your money. Original article can be found here.

In a grocery store near you, prices are up and sizes are down. Inflation is roaring.

This is something former Treasury Secretary Lawrence H. Summers warned about back in February, when he unsuccessfully advised the Biden administration to scale down the size of its $1.9 trillion COVID-19 relief legislation. Calling the plan “macroeconomic stimulus on a scale closer to World War II levels than normal recession levels,” he predicted that it could “set off inflationary pressures of a kind we have not seen in a generation.” Summers also wondered how the administration would pay for “the public investments that should be the nation’s highest priority.”

So don’t believe President Biden when he says no one earning less than $400,000 per year will see a tax increase. His claims are wildly inflated.

So what happened? Inflation going up, up, up. Grocery and Utility bills are up. Gas up at the pump or recharge your electric vehicle. What’s  up is not coming down.

 

 

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Biden Pandemic Economy Life MSM Opinion Politics

What’s it tell ya when Biden’s friend at CNBC tells ya what a mess we’re in?

Visits: 11

Wednesday on CNBC’s “Squawk Box,” network anchor Jim Cramer sounded the alarm on inflation and how it is affecting investment.

Since January 20th, Biden has caused so many events that have brought on what’s called by some as the Biden Misery Index. Now even a strong supporter of his over at CNBC is telling the world that Inflation is even worse than first thought.

A recent poll found that 62% of American voters believe President Joe Biden is responsible for the rising inflation resulting in costs for the increase in everyday purchases such as groceries and gas.

 

 

 

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Economy Politics

Is inflation heading our way? Economists think so.

Visits: 15

Is inflation heading our way? Economists think so. In fact, many see inflation moving toward and perhaps a bit above the Federal Reserve’s 2% target rate that has been elusive for much of the past decade. The primary driver is an economic reopening fueled by more Americans getting vaccinated, which will cause upward price pressure in industries that were held back during the coronavirus pandemic.

Have you noticed how the price of gas has been rising? A dollar a gallon in my area. At the Fed’s meeting earlier this month, Chairman Jerome Powell acknowledged that the economy could see some price pressures, perhaps from rising energy.

 

 

 

Great interview.Brilliant man.Honest observation worthy of serious action, decision and precaution.His diagnosis seems very logical.I am convinced that the manic nature of the market is reaching its climax and end is near.My gut feeling points that bubble explosion may coincide with the next stimulus..

“Act big” is the new slogan of the Biden administration. There is a need for large fiscal spending to ensure a full recovery from the COVID-19 crisis. The Federal Reserve is on board. Its chairman Jerome Powell argued for the need for “patiently accommodative” monetary policy, a signal that the central bank is not planning to increase interest rates in the near future.

But some studies have shown that accommodative monetary policy has boosted asset prices, especially those of stocks and houses. Because the rich people own more assets than poor households, the wealth inequality in the U.S. may widen even further. Additional expansionary policies may lead to another wave of asset-price appreciation and wealth inequality increase.

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