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During the Trump disaster wingnuts like you told us that presidents don't control oil prices because it's a global market.Don't forget to congratulate Joe on energy prices too
We're having temporary inflation due to supply line issues. Remember that Covid is worldwide, and not ever country that's manufacturing our goods are up and running with any more efficiency than great American fast food places that couldn't find workers last year during lockdowns. They need to follow South Korea's example and get vaccinated at higher, faster rates.It doesn't....inflation causes poor people to become poorer.
You know.....when people have to spend an extra $180/mo for groceries when they don't have an extra $180.00.....or when people have to pay twice what they paid last year for gas just to get to work.
We're having temporary inflation due to supply line issues. Remember that Covid is worldwide, and not ever country that's manufacturing our goods are up and running with any more efficiency than great American fast food places that couldn't find workers last year during lockdowns. They need to follow South Korea's example and get vaccinated at higher, faster rates.
This is, sadly, a backfire when you are shipping all our manufacturing jobs overseas.
Also, our ports are for shit. That's the reality. Long Beach and Los Angeles are massive, but they are old, and they are not efficient enough to deal with the massive amounts of consumerism over the past 18 months, people sitting at home with nothing to do but click BUY on amazon. So ships can't get enough unloaded even with 24/7 operation because of the logjam.
And, of course, they're not going to lose a ton of money getting to Florida. That involves Panama Canal and their fees in addition to fuel, labor costs, etc., and both ways because their operations are in the Pacific.
The solution is vaccination, and these new pills. The Pfiser one is 90% effective. The sooner that people can get together to work in a factory in Cambodia, or Bangladesh, or China, or Thailand the faster we get back to normal on supply. You can't close your eyes to it and deny it.
True. But they do care about productivity. And they always know what's in their own best interests, unlike us. But they have a huge, massive financial crisis brewing right now and I don't know how that will affect us.not ever country that's manufacturing our goods are up and runnin
That's because China doesn't care about how many of their billions of citizens die.
www.barrons.com
www.cnbc.com
China has no lack of poor, starving Chinese slaves.True. But they do care about productivity. And they always know what's in their own best interests, unlike us. But they have a huge, massive financial crisis brewing right now and I don't know how that will affect us.
Evergrande Will Spark Economic Pain in China
The crisis at developer Evergrande could become so messy for China's economy that Beijing may have to find ways to stabilize it.
The global economy could feel the effects of China's Evergrande crisis. Here's what investors should know
Strategists do not now expect financial contagion from the crisis at a large Chinese property developer, but they do say there could be economic impact.
anybody that got rich in Biden's stock market wouldn't be posting on this forum
We're having temporary inflation due to supply line issues. Remember that Covid is worldwide, and not ever country that's manufacturing our goods are up and running with any more efficiency than great American fast food places that couldn't find workers last year during lockdowns. They need to follow South Korea's example and get vaccinated at higher, faster rates.
This is, sadly, a backfire when you are shipping all our manufacturing jobs overseas. We can't control their disease response, and we have made ourselves reliant upon them.
Also, our ports are for shit. That's the reality. Long Beach and Los Angeles are massive, but they are old, and they are not efficient enough to deal with the massive amounts of consumerism over the past 18 months, people sitting at home with nothing to do but click BUY on amazon. So ships can't get enough unloaded even with 24/7 operation because of the logjam.
And, of course, they're not going to lose a ton of money getting to Florida. That involves Panama Canal and their fees in addition to fuel, labor costs, etc., and both ways because their operations are in the Pacific.
The solution is vaccination, and these new pills. The Pfiser one is 90% effective. The sooner that people can get together to work in a factory in Cambodia, or Bangladesh, or China, or Thailand the faster we get back to normal on supply. You can't close your eyes to it and deny it.
Of course the top 500 companies profit big time during lockdowns. Meanwhile small businesses are continuing to get crushed.Well, well, well. More RECORD highs in the Stock Market.
Thank you President Joseph Biden (God's choice)!!!
S&P 500 Is Up 37% Since Biden’s Election One Year Ago, Setting Presidential Record
The S&P 500 just capped its best year ever following a U.S. presidential election, surging 37% since Joe Biden won the vote.
The benchmark index gained more in the past year since the 2020 election than any other modern president has seen in their first year in office. But the advance has more to do with the “everything rally” following the vaccine rollout than any specific policy decision, Charles Schwab UK Managing Director Richard Flynn said in a note.
Republicans shipped our manufacturing jobs overseas starting in the 1990s with NAFTA, MFN for China, favorable export/import, favorable tax laws, etc.That's part of the problem...shipping all of our manufacturing overseas....cutting off mining and drilling....making it more expensive and more difficult to get what we need to run our economy. Perfect for the Democrat party because they love controlling consumption by causing either prices to rise or cutting off supplies. Right now we can't even get parts or building materials for anything because Biden made sure we couldn't make them here in the US.
You think only the big corporations are making money on the Stock market?Of course the top 500 companies profit big time during lockdowns. Meanwhile small businesses are continuing to get crushed.
Pretty amazing to see Dems take up the role of being shills for big corporations, it was always the number one thing I hated about the GOP.
Republicans shipped our manufacturing jobs overseas starting in the 1990s with NAFTA, MFN for China, favorable export/import, favorable tax laws, etc.
Sorry, but Bush is a globalist just like Obama and Biden.Republicans shipped our manufacturing jobs overseas starting in the 1990s with NAFTA, MFN for China, favorable export/import, favorable tax laws, etc.
All Republican biils and initiatives, even if they did get Clinton to sign them in the name of "bi-partisanship", the most over-rated thing in DC.
Do y'all remember when you tried to convince the world that Trump inherited an upward market?
Saying Joe Biden is responsible for the the stock markets success is as dishonest as saying he is responsible for COVID vaccines. Biden never produced anything of value in his life.Well, well, well. More RECORD highs in the Stock Market.
Thank you President Joseph Biden (God's choice)!!!
S&P 500 Is Up 37% Since Biden’s Election One Year Ago, Setting Presidential Record
The S&P 500 just capped its best year ever following a U.S. presidential election, surging 37% since Joe Biden won the vote.
The benchmark index gained more in the past year since the 2020 election than any other modern president has seen in their first year in office. But the advance has more to do with the “everything rally” following the vaccine rollout than any specific policy decision, Charles Schwab UK Managing Director Richard Flynn said in a note.
I said the S&P is made up of only the top 500 biggest.You think only the big corporations are making money on the Stock market?
Until it all goes south then it will be because of Trump and those like you…So this is Biden's economy and everything from here on out, right?
