YouBet said:
Tom Kazansky 2012 said:
Tom Kazansky 2012 said:
LMCane said:
does OldAg miraculously appear in August when the inflation rate is 8.9%..
crowing about how "inflation has peaked and is now coming down to Biden's wonderful statecraft!"
I heard a good guess that I too am hitching my wagon to. We aren't governed by rational people in this country.
We see inflation soar well into September and then we see rates lower and spending start getting even more stupid around October because "we have to get the economy stimulated" will be crowed by this admin.
Gird your loins. Next year and the year after are going to have a reckoning the likes of which we haven't seen in a long time.
Nailed it.
That dude conflating all kinds of stuff. The semi-conductor issue is not an inflation issue - it's a national security issue. We have to build more here because we otherwise are dependent upon one country that is a target of China. It also doesn't necessarily mean that it brings the price way down. It's going to cost more to build them here than elsewhere because we will pay more to get it done.
You just pointed out the sheer lunacy, if not outright lying by these people.
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787