Anvil

Reality Sets in Amid Biden's Incomprehensible Spending Sprees

Procter & Gamble, Kimberly-Clark and Coca-Cola have all warned that they’ll raise prices on many of their products as raw material costs rise. Plastic, paper, sugar, grain and other commodities are all getting more expensive as demand outpaces supply. Companies are also paying more for shipping as fuel costs rise and ports experience longer delays because of congestion.

https://pjmedia.com/news-and-politics/bryan-preston/2021/04/29/inflation-arrives-with-joe-bidens-incomprehensible-spending-sprees-n1443613

Milosia2 Loc: Cleveland Ohio

It’s the governments job to prop up the failing and lost opportunities for the masses. Why can’t republicans understand this ? Government spending is unrelated to
Personal spending in any way shape or form. Where you’re out of money, you’re out of money.
As Reagan said “ we can’t be out of money, we still have checks left.”
It’s true. The government needs to spend wh**ever it takes to fix 40 years of
VooDoo Economics.
Your household account does not operate like that. Spending is finite.
Investing is long term with an expectation of receiving a payback. Pay for colleges,
The return is higher workers wages paying higher taxes than unemployment.
Investment.
We haven’t had any, we’ve been under control of “Conservatives “ even though there is no such thing.

Anvil

No it is not.

Milosia2 Loc: Cleveland Ohio

Then why has it always been.
The millionaires and billionaires have made a ton of money from government contracts.
This included and still does massive amounts of fraud and waste.
All equal to profit, and in some cases , Jobs, F-35 comes to mind.
All the big corporations today are big today because of government Uncle-Sam-ism.
Along with subsidies , for oil companies, tax breaks , too big to fail opportunities,
Making underhanded deals within the states of occupation for decreased revenue, free electric and sewer, and a ton of other required bribes to keep them in the state.
This means your tax money is helping those who don’t pay for anything, continue to not pay for anything.
In the right to work states, they have been allowed to take bids on wages.
Imagine that !
But, I know where you’re coming from, by defending them , you think you’re helping yourself.
Inflation- your New reason for not gaining higher wages.
“Sorry, pal, we can’t give more money,
Inflation you know !”

Kevyn

I don’t buy any of that crap, who cares.

Gatsby

The FED has been doing everything that they could to boost inflation for the past decade, their dream is

about to come true, in spades! Demand is seriously exceeding supply, because of global "lockdowns" of industry.

Batten Down the Hatches Boys & Girls, a Real Storm is Brewing, Dead Ahead!

Anvil

Interesting incomprehensible rant.

Anvil

Obviously you do - you responded.

lpnmajor Loc: Arkansas

Do you even consider what you post? Demand is outpacing supply - meaning - the economy is booming - therefor - bidens plan is working perfectly.

Welcome to Capitalism 101.

Anvil

And when the debt comes due?

JFlorio Loc: Seminole Florida

You are trying to converse with a parasite. Doesn't understand the role of Government. I'm sure he's read the Constitution. The Constitution of the defunct Soviet Union. The more govt. subsidizes poor behavior or business decisions the more of the same you will get. Government has no business interfering in the private sector. Should never have bailed out any industry or given tax breaks to corporations.

JFlorio Loc: Seminole Florida

For those who care: The economy has been shut down due to C***d. All we have to do is open up and the economy will boom. However; the amount of money being printed will definitely increase inflation which is happening now
Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product. You will see a huge devaluation of the dollar under this i***t administration. Here comes cryptocurrency IMO. As long as this i***t administration pays people more to sit at home than go back to work we will have a f**e economic recovery. Once the i***ts raise taxes and tax carbon we will crash. Do not measure the economy by the markets performance. Presidents do it all the time. Trump did and got lucky that his policies expanded the economy greatly and put wage increases if the middle class and working poor. Much of the rise in the markets is do to stimulus money. Yippee! Free money for Wall Street. Eventually Biden's job k*****g policies will catch up to the markets and they will correct hugely; Hurting the small investor and making the big boys, who will short the market ever more money.

Gatsby

Pent up demand, spurred by a wild "stimulus spending" spree, is the driving force behind the current

economic explosion. The pace is not sustainable.

JFlorio Loc: Seminole Florida

A voice of reason. Sustainable the ultimate word here. Free money has a price. IMO, that price will be inflation and the devaluation of the dollar. Along with dependency and a huge drop in the quality of American life.

Gatsby

Parts shortages are crippling production, industry wide, most notably at present is the shortage

of chips for auto. production.

https://www.cnbc.com/2021/04/08/gm-cutting-production-at-several-plants-due-to-chip-shortage.html