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Check the definition of inflation.
It's too much money in supply that's out of sync with the wealth produced that causes it.
Huge jumps in Deficit spending also major driver.
Yes, not with either party that continues to fail us at every election and the true believers will just make excuse after excuse after excuse.
If people don't realize the sinister side of the Democrat party, then we as a nation are toast. Not sure what's in the card's anymore. Holding my breath for better days to maybe come, otherwise if only for a short while until the good Lord has had enough of it all, and therefore he orders the angel to reep the harvest separating the tares from the wheat in which the angel had asked once before or before it's time.America's low labor participation rate 'a social and economic disaster,' experts warn
Economists are sounding the alarm over millions of would-be workers refusing to return
By now it's common knowledge that the U.S. saw an unprecedented drop in labor participation at the onset of the COVID-19 pandemic in 2020 as health concerns, lockdowns and stimulus payments caused tens of millions to abandon or forfeit their jobs.
But three years later, millions still haven't returned – including many who quit in the middle of their prime working years – and some economists are sounding the alarm that so many capable, would-be earners remain out of the workforce.
When the Labor Department reported last month that unemployment dropped to 3.4% in January, the lowest level in more than 50 years, not all experts were celebrating.
Democrats love a dependent society!-OG
https://www.foxbusiness.com/economy/...r-experts-warn
Inflation is to many dollars chasing to few goods ? Explain or give examples if you will. ThanksI suggest you do that, actually.
Inflation is too many dollars chasing too few goods. It's not the wage earner that's barely making rent who's responsible for surges in inflation.
Nah, the deficit has little to do with inflation.
Inflation is to many dollars chasing to few goods ? Explain or give examples if you will. Thanks
You set your price at what the market will bear. If the market is willing to pay more, you charge more. If they aren't you pay less.
How does this create inflation??? Oh and products are only worth what they are worth, so if the market will pay more you charge more ? How can you charge more than what a product is worth ? Isn't that gouging ?You set your price at what the market will bear. If the market is willing to pay more, you charge more. If they aren't you pay less.
Talking about oil I suppose ? True, if the oil isn't there for our supply in wholesale form because it wasn't pumped in our COUNTRY, then we pay higher prices for it being imported. This inturn drives inflation because once the chain becomes higher priced all up and down it, then it takes far more of our incomes to cope with the situation when paying retail for it.One can't pay more unless more and more and more is being pumped.
Most people don't retire when their age matches their IQ.I retired at 58.
Talking about oil I suppose ? True, if the oil isn't there for our supply in wholesale form because it wasn't pumped in our COUNTRY, then we pay higher prices for it being imported. This inturn drives inflation because once the chain becomes higher priced all up and down it, then it takes far more of our incomes to cope with the situation when paying retail for it.
Biden bragged out of his own dirty mouth about how he was going to end Fossil fuel's in this country, but alas we need to look beyond Biden, and get to the root cause of the idiocy, otherwise find out who was the influencers that led Biden to do their bidding for them while at the podium. That's the one's that need to be dealt with for causing all the inflationary bull shite.
Inflation is to many dollars chasing to few goods ? Explain or give examples if you will. Thanks
You basically said what I did, only I didn't blame the "wage earner" as being responsible for it.I suggest you do that, actually.
Inflation is too many dollars chasing too few goods. It's not the wage earner that's barely making rent who's responsible for surges in inflation.
Nah, the deficit has little to do with inflation.
That "us" sounds like "you" and I'd bet the "fail" is they don't give you enough money for freeloading.Yes, not with either party that continues to fail us at every election and the true believers will just make excuse after excuse after excuse.
The deficit is one of the major drivers when more money is printed to cover the shortfall in revenue(taxes)
Back in the sixties when I was doing high school and working in retail grocery stores, a candy bar would cost either 5 cents or 10 cents, depending on type. Today the same candy bar will cost a dollar to a dollar and half. Back then minimum wage was about $1.35/hr. Now minimum wage is around $15.00/hr. = inflation.
Those rich folks want to recoup their losses by imposing austerities on their workers, demanding more labor for inadequate wages in a country where the cost of living is through the roof. My maternal grandfather arrived here with my grandmother and mother in 1961 from Cuba, with a few pennies in his pocket, and four years later after working a blue-collar job in a boat factory in Miami, Florida, he bought his house cash. My grandmother was a homemaker, supported by her husband, raising two children (my uncle was born in Miami). Those days in America, which by the looks of your profile picture, was the America you were born and raised in, are gone, thanks to right-wing, supply-side economics. The trickle-down doesn't trickle.America's low labor participation rate 'a social and economic disaster,' experts warn
Economists are sounding the alarm over millions of would-be workers refusing to return
By now it's common knowledge that the U.S. saw an unprecedented drop in labor participation at the onset of the COVID-19 pandemic in 2020 as health concerns, lockdowns and stimulus payments caused tens of millions to abandon or forfeit their jobs.
But three years later, millions still haven't returned – including many who quit in the middle of their prime working years – and some economists are sounding the alarm that so many capable, would-be earners remain out of the workforce.
When the Labor Department reported last month that unemployment dropped to 3.4% in January, the lowest level in more than 50 years, not all experts were celebrating.
Democrats love a dependent society!-OG
https://www.foxbusiness.com/economy/...r-experts-warn
That "us" sounds like "you" and I'd bet the "fail" is they don't give you enough money for freeloading.
The system is fairly locked in at two major parties so that's the real choice. "Third" parties in past century haven't gained much traction except for a few small, local elections.
The anarchy symbol in your avatar suggests you don't know how to play politics or don't want too. In most cases the anarchist is just another thief and criminal.
Sure shit the bed under Obama, eh?I do not watch TV except for a few select shows. Never TV news.
What tells me what I know is data....
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It's been rough for Republicans to turn around all the damage the democrats made during their control.How's the economy in Alabama?
