[Hoot Gibson]

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[vector#1]

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Quooter NOT ONE JOB IN 4 YEARS

[Hoot Gibson]

[attachment=174]

Surging prices: Key inflation metric just hit a 29-year high

New York (CNN Business)Inflation seems unstoppable as the economy returns to normal.

People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging.

A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic Analysis' price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 -- the height of the financial crisis. Excluding food and energy prices, the index gained 3.1%, the biggest increase since July 1992.

Inflation has been the boogeyman overshadowing the recovery.

Some economists are concerned that extreme price increases could keep consumers from spending, and investors worry that a prolonged inflation spike could force the end of the Federal Reserve's easy money policies.

Price increases are showing no signs of letting up. The University of Michigan's May consumer sentiment survey found that "record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables," according to the survey's chief economist, Richard Curtin.

[jetpilot]

Surging prices: Key inflation metric just hit a 29-year high

New York (CNN Business)Inflation seems unstoppable as the economy returns to normal.

People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging.

A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic Analysis' price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 -- the height of the financial crisis. Excluding food and energy prices, the index gained 3.1%, the biggest increase since July 1992.

Inflation has been the boogeyman overshadowing the recovery.

Some economists are concerned that extreme price increases could keep consumers from spending, and investors worry that a prolonged inflation spike could force the end of the Federal Reserve's easy money policies.

Price increases are showing no signs of letting up. The University of Michigan's May consumer sentiment survey found that "record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables," according to the survey's chief economist, Richard Curtin.

See how they subtly try to frame it as "just returning to normal?" They have to insert propaganda into every article, and they know their brainwashed voters will never even notice it or question it. Not to mention not counting fuel and food, which have skyrocketed.

[Hoot Gibson]

Surging prices: Key inflation metric just hit a 29-year high

New York (CNN Business)Inflation seems unstoppable as the economy returns to normal.

People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging.

A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic Analysis' price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 -- the height of the financial crisis. Excluding food and energy prices, the index gained 3.1%, the biggest increase since July 1992.

Inflation has been the boogeyman overshadowing the recovery.

Some economists are concerned that extreme price increases could keep consumers from spending, and investors worry that a prolonged inflation spike could force the end of the Federal Reserve's easy money policies.

Price increases are showing no signs of letting up. The University of Michigan's May consumer sentiment survey found that "record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables," according to the survey's chief economist, Richard Curtin.

See how they subtly try to frame it as "just returning to normal?" They have to insert propaganda into every article, and they know their brainwashed voters will never even notice it or question it.

I know. Any CNN story is going to include some Biden propaganda but the fact that they are reporting bad economic news is progress. Democrats with brains know that hiking tax rates and pumping too much money into the economy is never a good thing.

CNN has lost 70 percent of its audience since Trump left office. They have to report something and there is not going to be much good news with China Joe in the White House, especially on the economic and foreign policy fronts. I am just building the historic record. The delusional liberals who keep saying that inflation is temporary are incapable of grasping the magnitude of incompetence in the Oval Office.

Bad times are ahead of us but I will enjoy seeing CNN, MSNBC, and the rest of the Democrat media forced to cover it, at least until they start campaigning non-stop for Democrat candidates again.

[jetpilot]

Surging prices: Key inflation metric just hit a 29-year high

New York (CNN Business)Inflation seems unstoppable as the economy returns to normal.

People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging.

A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic Analysis' price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 -- the height of the financial crisis. Excluding food and energy prices, the index gained 3.1%, the biggest increase since July 1992.

Inflation has been the boogeyman overshadowing the recovery.

Some economists are concerned that extreme price increases could keep consumers from spending, and investors worry that a prolonged inflation spike could force the end of the Federal Reserve's easy money policies.

Price increases are showing no signs of letting up. The University of Michigan's May consumer sentiment survey found that "record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables," according to the survey's chief economist, Richard Curtin.

See how they subtly try to frame it as "just returning to normal?" They have to insert propaganda into every article, and they know their brainwashed voters will never even notice it or question it.

I know. Any CNN story is going to include some Biden propaganda but the fact that they are reporting bad economic news is progress. Democrats with brains know that hiking tax rates and pumping too much money into the economy is never a good thing.

CNN has lost 70 percent of its audience since Trump left office. They have to report something and there is not going to be much good news with China Joe in the White House, especially on the economic and foreign policy fronts. I am just building the historic record. The delusional liberals who keep saying that inflation is temporary are incapable of grasping the magnitude of incompetence in the Oval Office.

Bad times are ahead of us but I will enjoy seeing CNN, MSNBC, and the rest of the Democrat media forced to cover it, at least until they start campaigning non-stop for Democrat candidates again.

Good one

[Hoot Gibson]

Surging prices: Key inflation metric just hit a 29-year high

New York (CNN Business)Inflation seems unstoppable as the economy returns to normal.

People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging.

A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic Analysis' price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 -- the height of the financial crisis. Excluding food and energy prices, the index gained 3.1%, the biggest increase since July 1992.

Inflation has been the boogeyman overshadowing the recovery.

Some economists are concerned that extreme price increases could keep consumers from spending, and investors worry that a prolonged inflation spike could force the end of the Federal Reserve's easy money policies.

Price increases are showing no signs of letting up. The University of Michigan's May consumer sentiment survey found that "record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables," according to the survey's chief economist, Richard Curtin.

See how they subtly try to frame it as "just returning to normal?" They have to insert propaganda into every article, and they know their brainwashed voters will never even notice it or question it.

I know. Any CNN story is going to include some Biden propaganda but the fact that they are reporting bad economic news is progress. Democrats with brains know that hiking tax rates and pumping too much money into the economy is never a good thing.

CNN has lost 70 percent of its audience since Trump left office. They have to report something and there is not going to be much good news with China Joe in the White House, especially on the economic and foreign policy fronts. I am just building the historic record. The delusional liberals who keep saying that inflation is temporary are incapable of grasping the magnitude of incompetence in the Oval Office.

Bad times are ahead of us but I will enjoy seeing CNN, MSNBC, and the rest of the Democrat media forced to cover it, at least until they start campaigning non-stop for Democrat candidates again.

Good one

Of course, I meant no offense to the overwhelming majority of Democrats who were born less fortunate.

[jetpilot]

John Cardillo
@johncardillo
Hunter Biden smoked crack with Marion Barry, Iran is going nuclear, sanctions are being lifted on Russia with nothing in return, and we now know that China unleashed a biological weapon on the world.

The US cor.porate media asked Joe Biden which flavor of ice cream he ordered.

[vector#1]

https://www.msn.com/en-us/news/politics/...d=msedgdhp

Looks like the Sheep got scammed by the Dear Leader

[Cardfan1]

https://www.wsj.com/articles/u-s-manufac...1622367001

Well I’ll be damned !!

“Many businesses say there is another culprit that should share the blame: import tariffs.

The Trump administration implemented tariffs on products including lumber, steel and semiconductors to shield American companies from a glut of cheap imported products from China and other countries.

The tariffs have long been opposed by U.S. companies that import the goods and pay the levies. They are making a new push for the Biden administration to lift them, on grounds that tariffs contribute to rising prices and product shortages that are accompanying the post-pandemic recovery.”

[Hoot Gibson]

The contents of this message are hidden because Cardfan1 is on your ignore list.

[vector#1]

The contents of this message are hidden because Cardfan1 is on your ignore list.

[Hoot Gibson]

Germany learned what inflation can do to a nation the hard way. Now, Joe Biden is laying the groundwork for the U.S. to learn about inflation the hard way.

Deutsche Bank Issues Stark Warning About Rising Inflation: Economies Are 'Sitting on a Time Bomb'

Deutsche Bank said the U.S. may be headed toward one of its worst periods of inflation in history amid increased government spending and relaxed monetary policy, warning that the belief inflation is transitory could have serious consequences for the economy.

The report, which was released Monday, begins with a series of quotes—contrasting Ronald Reagan's warning about how serious inflation is with how Joe Biden, Janet Yellen and others have justified "acting big."

"Despite the shift in priorities, central bankers must still prioritize inflation," the report says. "Indeed, history has shown that the social costs of significantly higher inflation and greatly expanded debt servicing obligations make it hard, if not impossible to reach the social goals that the new US administration (among others) is keen to achieve. We fear that the vulnerable and disadvantaged will be hit first and hardest by mistakes in policy."

Deutsche took particular issue with the Federal Reserve's new framework tolerating higher inflation in order to reach a full recovery.

"The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche noted. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."

The bank also took an opposing view to the belief that the rise in inflation will be temporary.

"We are witnessing the most important shift in global macro policy since the Reagan/Volcker axis 40 years ago. Fiscal injections are now 'off the charts' at the same time as the Fed's modus operandi has shifted to tolerate higher inflation. Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential. This is why this time is different for inflation," the report said. "The effects could be devastating, particularly for the most vulnerable in society."

In conclusion, the bank said the Fed's approach to inflation "leaves global economies sitting on a time bomb."

[vector#1]

Germany learned what inflation can do to a nation the hard way. Now, Joe Biden is laying the groundwork for the U.S. to learn about inflation the hard way.

Deutsche Bank Issues Stark Warning About Rising Inflation: Economies Are 'Sitting on a Time Bomb'

Deutsche Bank said the U.S. may be headed toward one of its worst periods of inflation in history amid increased government spending and relaxed monetary policy, warning that the belief inflation is transitory could have serious consequences for the economy.

The report, which was released Monday, begins with a series of quotes—contrasting Ronald Reagan's warning about how serious inflation is with how Joe Biden, Janet Yellen and others have justified "acting big."

"Despite the shift in priorities, central bankers must still prioritize inflation," the report says. "Indeed, history has shown that the social costs of significantly higher inflation and greatly expanded debt servicing obligations make it hard, if not impossible to reach the social goals that the new US administration (among others) is keen to achieve. We fear that the vulnerable and disadvantaged will be hit first and hardest by mistakes in policy."

Deutsche took particular issue with the Federal Reserve's new framework tolerating higher inflation in order to reach a full recovery.

"The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche noted. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."

The bank also took an opposing view to the belief that the rise in inflation will be temporary.

"We are witnessing the most important shift in global macro policy since the Reagan/Volcker axis 40 years ago. Fiscal injections are now 'off the charts' at the same time as the Fed's modus operandi has shifted to tolerate higher inflation. Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential. This is why this time is different for inflation," the report said. "The effects could be devastating, particularly for the most vulnerable in society."

In conclusion, the bank said the Fed's approach to inflation "leaves global economies sitting on a time bomb."

Quooter give it a rest and get back to work

[Hoot Gibson]

vector#1

The contents of this message are hidden because vector#1 is on your ignore list.

[TheRealThing]

Germany learned what inflation can do to a nation the hard way. Now, Joe Biden is laying the groundwork for the U.S. to learn about inflation the hard way.

Deutsche Bank Issues Stark Warning About Rising Inflation: Economies Are 'Sitting on a Time Bomb'

Deutsche Bank said the U.S. may be headed toward one of its worst periods of inflation in history amid increased government spending and relaxed monetary policy, warning that the belief inflation is transitory could have serious consequences for the economy.

The report, which was released Monday, begins with a series of quotes—contrasting Ronald Reagan's warning about how serious inflation is with how Joe Biden, Janet Yellen and others have justified "acting big."

"Despite the shift in priorities, central bankers must still prioritize inflation," the report says. "Indeed, history has shown that the social costs of significantly higher inflation and greatly expanded debt servicing obligations make it hard, if not impossible to reach the social goals that the new US administration (among others) is keen to achieve. We fear that the vulnerable and disadvantaged will be hit first and hardest by mistakes in policy."

Deutsche took particular issue with the Federal Reserve's new framework tolerating higher inflation in order to reach a full recovery.

"The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche noted. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."

The bank also took an opposing view to the belief that the rise in inflation will be temporary.

"We are witnessing the most important shift in global macro policy since the Reagan/Volcker axis 40 years ago. Fiscal injections are now 'off the charts' at the same time as the Fed's modus operandi has shifted to tolerate higher inflation. Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential. This is why this time is different for inflation," the report said. "The effects could be devastating, particularly for the most vulnerable in society."

In conclusion, the bank said the Fed's approach to inflation "leaves global economies sitting on a time bomb."

The detrimental effects of fiscal liberal lunacy are not limited to the US. In a world that is so connected, I cannot see how more than one global financial collapse could be remotely in the cards. Therefore in part, my concern as to the lateness of the hour from the prophetic standpoint. There have been numerous financial panics and depressions across time, but global financial collapse as far as I know is an unheard of occurrence in world history.

[vector#1]

Germany learned what inflation can do to a nation the hard way. Now, Joe Biden is laying the groundwork for the U.S. to learn about inflation the hard way.

Deutsche Bank Issues Stark Warning About Rising Inflation: Economies Are 'Sitting on a Time Bomb'

Deutsche Bank said the U.S. may be headed toward one of its worst periods of inflation in history amid increased government spending and relaxed monetary policy, warning that the belief inflation is transitory could have serious consequences for the economy.

The report, which was released Monday, begins with a series of quotes—contrasting Ronald Reagan's warning about how serious inflation is with how Joe Biden, Janet Yellen and others have justified "acting big."

"Despite the shift in priorities, central bankers must still prioritize inflation," the report says. "Indeed, history has shown that the social costs of significantly higher inflation and greatly expanded debt servicing obligations make it hard, if not impossible to reach the social goals that the new US administration (among others) is keen to achieve. We fear that the vulnerable and disadvantaged will be hit first and hardest by mistakes in policy."

Deutsche took particular issue with the Federal Reserve's new framework tolerating higher inflation in order to reach a full recovery.

"The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche noted. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."

The bank also took an opposing view to the belief that the rise in inflation will be temporary.

"We are witnessing the most important shift in global macro policy since the Reagan/Volcker axis 40 years ago. Fiscal injections are now 'off the charts' at the same time as the Fed's modus operandi has shifted to tolerate higher inflation. Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential. This is why this time is different for inflation," the report said. "The effects could be devastating, particularly for the most vulnerable in society."

In conclusion, the bank said the Fed's approach to inflation "leaves global economies sitting on a time bomb."

The detrimental effects of fiscal liberal lunacy are not limited to the US. In a world that is so connected, I cannot see how more than one global financial collapse could be remotely in the cards. Therefore in part, my concern as to the lateness of the hour from the prophetic standpoint. There have been numerous financial panics and depressions across time, but global financial collapse as far as I know is an unheard of occurrence in world history.

TRT we survived the Dear Leader's 4 years we can survive just about anything

[Hoot Gibson]

Inflation during May was once again higher than experts expected. The Biden administration apparently intends to spend (waste) as much money as possible and stick the 2024 Republican administration with the tab. The federal government is out of control. We cannot afford four years of China Joe but we are stuck with him. Thanks, BGR socialists.

Consumer prices jump 5% in May, fastest pace since the summer of 2008

• Headline consumer prices rose 5% year over year in May, the fastest pace since August 2008 and higher than Wall Street expectations.
  
• The 3.8% rise in the core inflation rate, which excludes food and energy prices, was the sharpest increase in nearly three decades.
  
• Surging used car car prices helped drive much of the inflation gains.
  
• Initial jobless claims totaled 376,000, a touch higher than the estimate.
  

Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in the U.S. economy, the Labor Department reported Thursday.

The consumer price index, which represents a basket including food, energy, groceries, housing costs and sales across a spectrum of goods, rose 5% from a year earlier. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.

The reading represented the biggest CPI gain since the 5.3% increase in August 2008, just before the financial crisis sent the U.S. spiraling into the worst recession since the Great Depression.

[Hoot Gibson]

Liberals/socialists/communists want you to believe that oil prices are beyond Biden's control but nothing could be further from the truth. Many people, including myself predicted soaring gasoline prices after his election. Biden's policies are intended to drive gasoline prices higher to speed the adoption of alternative fuels. 

We are paying every day at the pump for Biden's far left wing policies. As he cancels pipeline projects and closes access to oil reserves found on federal lands, he is facilitating the construction of a pipeline from Russia to Germany.

Inflation: Oil hits 2018 high in third week of gains

The American Automobile Association national average for gas is $3.08 per gallon

West Texas Intermediate crude prices topped $70.91 on Friday, a weekly gain of 11.5% and the highest level since October 2018, as tracked by Dow Jones Market Data Group. For the year, crude is up over 46%.

[Cardfan1]

Liberals/socialists/communists want you to believe that oil prices are beyond Biden's control but nothing could be further from the truth. Many people, including myself predicted soaring gasoline prices after his election. Biden's policies are intended to drive gasoline prices higher to speed the adoption of alternative fuels. 

We are paying every day at the pump for Biden's far left wing policies. As he cancels pipeline projects and closes access to oil reserves found on federal lands, he is facilitating the construction of a pipeline from Russia to Germany.

Inflation: Oil hits 2018 high in third week of gains

The American Automobile Association national average for gas is $3.08 per gallon

West Texas Intermediate crude prices topped $70.91 on Friday, a weekly gain of 11.5% and the highest level since October 2018, as tracked by Dow Jones Market Data Group. For the year, crude is up over 46%.

I agree.  Maybe Biden can drum up another Pandemic and tank the crude industry, or at least make it to where I don’t have to go to work.  

Hooter, you gonna have to trade in for a Prius so you won’t have to B!tch about gas all the time.

[vector#1]

Liberals/socialists/communists want you to believe that oil prices are beyond Biden's control but nothing could be further from the truth. Many people, including myself predicted soaring gasoline prices after his election. Biden's policies are intended to drive gasoline prices higher to speed the adoption of alternative fuels. 

We are paying every day at the pump for Biden's far left wing policies. As he cancels pipeline projects and closes access to oil reserves found on federal lands, he is facilitating the construction of a pipeline from Russia to Germany.

Inflation: Oil hits 2018 high in third week of gains

The American Automobile Association national average for gas is $3.08 per gallon

West Texas Intermediate crude prices topped $70.91 on Friday, a weekly gain of 11.5% and the highest level since October 2018, as tracked by Dow Jones Market Data Group. For the year, crude is up over 46%.

Quooter Canada's oil is still coming into the US just on a train. It's not like Canada just found that oil they have been shipping it in this country for years. People are getting out spending money demand is up = prices go up.

---

Liberals/socialists/communists want you to believe that oil prices are beyond Biden's control but nothing could be further from the truth. Many people, including myself predicted soaring gasoline prices after his election. Biden's policies are intended to drive gasoline prices higher to speed the adoption of alternative fuels. 

We are paying every day at the pump for Biden's far left wing policies. As he cancels pipeline projects and closes access to oil reserves found on federal lands, he is facilitating the construction of a pipeline from Russia to Germany.

Inflation: Oil hits 2018 high in third week of gains

The American Automobile Association national average for gas is $3.08 per gallon

West Texas Intermediate crude prices topped $70.91 on Friday, a weekly gain of 11.5% and the highest level since October 2018, as tracked by Dow Jones Market Data Group. For the year, crude is up over 46%.

I agree.  Maybe Biden can drum up another Pandemic and tank the crude industry, or at least make it to where I don’t have to go to work.  

Hooter, you gonna have to trade in for a Prius so you won’t have to B!tch about gas all the time.

I got a feeling Quooter is going to bitch about anything 
By the way Quooter what's your thoughts on Dear Leader spying on members of congress and the media. If you can't answer just pretend it was a democrat.

[Hoot Gibson]

More bad news for the Biden/Harris economy. They seem to break everything that they touch. They have the reverse Midas touch.

May Inflation the Largest Increase Since 1992 — Inflation Expected to Reach 8% in 2021 Per Top Bank of America Strategist

[Cardfan1]

It’s almost like an economy is coming back to life after an inept government nearly killed it.

[Hoot Gibson]

It’s almost like an economy is coming back to life after an inept government nearly killed it.

No, it is exactly like liberals failed to learn anything from the mistakes of Jimmy Carter, another liberal whose presidency was a total failure.

[vector#1]

It’s almost like an economy is coming back to life after an inept government nearly killed it.

No, it is exactly like liberals failed to learn anything from the mistakes of Jimmy Carter, another liberal whose presidency was a total failure.

Quooter doesn't your King fall in line with Carter. I think they have more in common they both are 1 term Presidents that's a pretty small group.
In 4 years Quooter not the FIRST ONE JOB ADDED going be hard to beat that one. I will put it up their with Joe DiMaggio 56 game hitting streak.

[Hoot Gibson]

The second term that Jimmy Carter never had continues. Of course, Jimmy Carter was merely naive and inept, whereas China Joe is a crook, traitor, and illegitimately elected president.

Inflation Continues Rapid Surge in June – Rises at Fastest Pace in 13 Years

[Hoot Gibson]

Core Inflation Stands at 29-Year High, Rises Faster Than Wages

[vector#1]

Core Inflation Stands at 29-Year High, Rises Faster Than Wages

Quooter supply can't keep up with demand is that inflation ?
Would love to see interest rates go up.

---

June wages went up a $1
Housing market is booming
Jobs are Booming
Auto Market is booming
Looks like TRT is going to get the biggest raise in decades
Inflation is inevitable the consumer is buying so much the supplier can't keep up Damm it is a consumer economy. Those tax cuts fi=or the top didn't benefit no body but the rich
Just want to see interest rates go up then I will make more money.

[Hoot Gibson]

Core Inflation Stands at 29-Year High, Rises Faster Than Wages

Quooter supply can't keep up with demand is that inflation ?
Would love to see interest rates go up.

---

June wages went up a $1
Housing market is booming
Jobs are Booming
Auto Market is booming
Looks like TRT is going to get the biggest raise in decades
Inflation is inevitable the consumer is buying so much the supplier can't keep up Damm it is a consumer economy. Those tax cuts fi=or the top didn't benefit no body but the rich
Just want to see interest rates go up then I will make more money.

Wage increases are not keeping pace with inflation. Neither are interest rates. Your welfare benefits may be tied to the inflation rate, but most working Americans are seeing their actual wages cut by inflation.

[TheRealThing]

Biden's first economic act was to cancel the Keystone Pipeline killing thousands of US jobs and shipwrecking multiple businesses in the energy industry which had invested in creating markets and gearing up for business dealings that fell through before they could make a dime. Added to all of this is the fact that all those hard earned taxpayer dollars were unceremoniously flushed without a hint of remorse from the new administration. And as in the case of the paid-for-- yet abandoned sections of border wall. Where building materials lay wasted and unused along the unfinished sections; So too are vast stockpiles of pipeline laying rusting in laydown areas along the Keystone right of way. Not to mention the money it has cost taxpayers for legal compliance because the US backed out of a good faith arrangement involving Canada and other entities. All toll the visible costs are north of 10 billion according to the BBC, but we'll be hard pressed to learn the real truth of this mess unless FOX can ferret out the actual losses.

None of the above touches the incredibly complex spin off businesses associated with the loss of Keystone.

The left hate the single family auto infrastructural model upon which America was built because they're convinced car emissions will destroy the planet. This even though they know the US accounts for only 15% of world pollution. Therefore the ridiculous multi billion dollar high speed trains and electric cars that will further strain a wobbly power grid (thanks to Obama's war on coal which has led to the loss of 50% of America's electrical energy production through plant closures); all of which features daily brownouts and blackouts. And of course the only way high speed trains and other forms of mass transportation could possibly work would be if everybody were forced out of their suburban homes and into the grim reality of Russia style apartment buildings where people languish in miserable mediocrity, next door crime, and squalor. The short of it all is this, Dems believe whatever they want to believe and they're willing to force Americans to comply with the idiocy.

Shortages exist for everything from pool chemicals to paint products from Sherwin-Williams. And of the products which are still available, EVERYTHING is going up. People are laying at the house thanks to stimulus checks, in spite of Joe's claims otherwise. How do I know this? Signs posted in the windows of every restaurant and most business for one thing. But ask any business owner, they will tell you in a heartbeat. Tree huggers are the real crazies in this world, and inflation is very real.