Posted on 08/24/2023 6:57:58 PM PDT by ChicagoConservative27
We’re cutting!!
35 trillion govt. spending to
30 trillion.
We’ve cut the deficit!! Slowing!
Woo hoo...Same thing
These are the same folks who told us inflation was “transitory” all of 2021 …
Hey! Just like "two weeks to flatten the curve!"
What's not to like?
Regards,
He knows nothing about the future direction of inflation. You can walk up to a random person on the street and his opinion would be as useless as this Fed governor. The only certainty is that his opinion would be more right than Paul Krugman’s. No great feat when one considers history has shown pretty much everyone on the globe would have a more right opinion than Krugman.
“But the 20% and more inflation already in current prices, goods and services included and not included in their calculations, will still be in the base prices and will not be coming down
Saying the annual inflation rate will eventually drop to 2% or 3% is almost meaningless with the inflation already built into prices by Biden since election day.”
Every industry in the United States has to compensate. Some, especially like Medicine, are already socialized to a point that they cannot keep pace. The reverberations of this massive inflation are just starting to settle, expect aftershocks.
Wages are flat and inflation is up.
There’s also an all time high of CC debt, and a near low of savings.
All of this, in conjunction with CRE points towards an ugly scenario.
I couldn’t agree more.
Do you write comedy for a living?
I note that gas is up about 8% this month.
I noticed as well. When you’re paying near $50 to fill a 4-cylinder Honda Accord, something isn’t right…
We have major problems with our labor supply
1) Some college students major in Science, math, Business, economics and get productive jobs. Some major in DEI. They dominate HR and PR departments of all major employers and most medium and small employoers. They do not value productivity...they value a greivance society.
2) Our K-12 public ed system has failed. People are prepared to spend money, but not prepared to earn that money.
3) Fear of lawsuits drives way too many business decisions and destroys productivity. A customer, an employee, the public should be responsible for their own actions. But increasingly it is the responsibility of others to take care of us.... as if we were toddlers.
4) Conservative used to mean “get the government out of my economic life”. Although Trump did a better job of that than any recent president, his supporters seem to want a bigger role for government.... they just want to be in charge of that bigger government. This seems especially true when it comes to Labor. The True Conservative pre-Trump said “Let the free market decide”. Now many Trump supporters say “The government alphabet agencies should decide.”
We have major problems with our labor supply
1) Some college students major in Science, math, Business, economics and get productive jobs. Some major in DEI. They dominate HR and PR departments of all major employers and most medium and small employoers. They do not value productivity...they value a greivance society.
2) Our K-12 public ed system has failed. People are prepared to spend money, but not prepared to earn that money.
3) Fear of lawsuits drives way too many business decisions and destroys productivity. A customer, an employee, the public should be responsible for their own actions. But increasingly it is the responsibility of others to take care of us.... as if we were toddlers.
4) Conservative used to mean “get the government out of my economic life”. Although Trump did a better job of that than any recent president, his supporters seem to want a bigger role for government.... they just want to be in charge of that bigger government. This seems especially true when it comes to Labor. The True Conservative pre-Trump said “Let the free market decide”. Now many Trump supporters say “The government alphabet agencies should decide.”
H-1B visas stop our youth from going into STEM. Get rid of H-1B and it will have more of our students going into STEM.
Our failed K-12 public school system is the #1 reason people CANNOT go into STEM.
#2 is the propaganda that socialism is science and not that hard science is science.
#3 anti-STEM is that so much domestic college aid is in the soft subjects while foreign student education aid is very much STEM focused.
Yes, H-1B visas do encourage STEM in college. But they are not the prime reason domestic is not STEM oriented.
H-1b do encourage STEM? LOL.
H-1B is a curse on the nation. Kill it.
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