[ConservativeInPA]

Inflation is caused by too many dollars chasing too few goods. The solutions to inflation are to reduce the dollars in the economy and to increase productivity so there are more goods at a lower unit price. The later is partly uncontrollable because America imports so much crap from other countries. However, I expect there are systemic domestic productivity problems that boils down to a change in focus in corporate America. There is so much attention placed in woke and other perverted issues that corporate management no longer places a priority on increasing shareholder wealth. If fact, the phrase, 'increase shareholder wealth' is somehow considered offensive. Things like ESG and some misconstrued forms of justice take precedence over efficient and productive operations.

The article’s last point about boomers retiring is entirely impotent. There are now multiple worthless generations in the workforce. 'Unskilled' does not adequately describe their lack of ability. It’s a mentality that goes much deeper than skill sets.

This mentality is also reflected in politics. All too many people look towards government to manage everything in their lives. Regulations are desired by these lazy asses. These same morons seriously believe that government spending, such as the now increased estimate of $1.04 Trillion of the Inflation Reduction Act, will cure inflation. All it does is pumps money into the economy in the most unproductive manners possible. It’s a double whammy. Not only it creates more dollars, it decreases productivity. Both cause inflation.

[nickcarraway]

Why do people keep saying we aren’t in a recession, when we have been for over a year?

[antidemoncrat]

Something else for Joe to brag about ... Hey, it’s only been for 5 quarters ... under Trump is was 25 quarters ...

[mewzilla]

And NYS just jacked it minimum wage.

Again.

Productivity bedamned.

[linMcHlp]

“Inflation is caused by too many dollars chasing too few good.”

Some times.

Present day inflation is mostly caused by artifice - leftists and eggheads forcing the increased costs of energy.

[catnipman]

“Year-Over-Year Productivity Negative for 5 Quarters, That’s Never Happened Before”

guess we gonna need more AI cow bell ...

[NWFree]

Don’t worry the fake media will tell you it’s all good

[GaltAdonis]

So the American people were/are supposed to be 'productive' -
even when tangled in face masks, lock downs, and all the
rest of the pointless BS?

[PGR88]

Its the 1970s all over again, but much worse. America needs some serious supply-side reforms to blow up the bloated woke regulatory state.

Its far worse now than in the late 1970s though - we are far deeper in debt, our demographics are very top-heavy, society and culture are badly divided, and neo-marxism has a hold on Washington DC.

In sum, there is no stomach in America for even small reforms