Says the sucker that believed the Russia collusion hoax created by Clinton democrats and a willing media.Originally Posted by Guisslapp
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Says the sucker that believed the Russia collusion hoax created by Clinton democrats and a willing media.
Believed????? He STILL believes it. In the face of all the evidence of how his horror queen paid for Russian disinformation to frame Trump, he is STILL on the Russia collusion train.
Obviously a great man of science!
Doesn't matter. Putin won't ever even hear about it....unless, of course, Tucker says something about it. Putin only watches Tucker on Foxnews; at least that's what I heard.
Biden didn’t take it back. Funny how some of you act like you want a mealy-mouthed President all of a sudden. Make up your damn minds!
Situational awareness is key. Biden doesn’t know he is awake. He doesn’t know anything outside of what flavor pudding is being served with lunch.
Security at the WH is ridiculous. Can't get within a 1/2 mile of the place. Can see it from near the Washington Monument, at a distance. Don't know why there is any concerns for Biden's safety. The Lefty Loons aren't totally pleased with him, but Soros is not funding the thugs so all is quiet along Pennsylvania Avenue.
"Mr. Biden...tear down that wall."
This was posted on another political board.. thought I would share..
Too Expensive to do Business
The rapid inflation we are seeing is getting close to actual breaking points in several areas. I’ve been in food manufacturing for 16 years, and thus far this year “salt of the Earth” type products have seen several cost increases in rapid succession. I know of items that had a 28% cost increase in Feb that are getting another 16% cost increase real time. I have colleagues in other CPG companies on their 3rd increase since December.
A major food company in North America has informed customers that they will be implementing a 6% cost increase every quarter going forward.
Things are getting to a point where decision makers are facing dilemmas such as
-At this price, the consumer proposition no longer works
-Costs are so high, we would be better off closing the facility
-Maybe these items aren’t really needed, let’s reduce the breadth of our offerings (fun Soviet style grocery)
On top of that, as a personal passion I stay really connected with some small farming circles. I’ve had several farmers tell me the input costs (like fertilizer) has them second guessing planting at all.
If this trajectory doesn’t change, the implications are pretty depressing.
But wasn't the buzz word "transitory" just a few months ago? I heard virtually every news outlet parrot that talking point and was assured that our leader had things under control. Now they all repeat the lie that it's Putin's fault, much like they blame everything on the US in North Korea.
I seem to recall our narcissistic expert on everything proclaiming it to be transitory as well. I am sure he is using the new talking points now.
The Federal Reserve officially retired transitory from their talking points in November.
It isn’t that inflation isn’t transitory, the question is the magnitude and duration, both of which have exceeded the Fed’s original expectations (pre-Nov).
There is a lot of evidence that we have peaked now but inflation is still likely to run hotter than the Fed’s target for the remainder of the year.
Whatever they're selling, you're buying.
Naturally inflation is transitory. Heck, if it lasts 5 more years and compounds at 7% per year during that period, you could say it was transitory. Fact is passing bills (like BBB) makes it worse, and the Fed refusing to address the issue doesn't help either.
The pandemic was the greatest demand shock in a lifetime. The reopening was the greatest demand increase in a lifetime. A supply chain that was built around efficiency (lowest costs) rather than resiliency could not keep up with the huge swing from shut down to demand surge. That is the real story here. It is a temporary phenomenon, but at some point everything reaches steady state. Most of the cost increases aren’t that sticky. But there is a psychological aspect, because “inflation expectations” themselves can influence the stickiness of the price. That is part of the reason that the reason for using “transitory” phrasing is to frame expectations.
Idiot!
Sorry, I dumbed it down as much as I could for you to follow.
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