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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1 ⎊  😊 😞
Number: of 84361 
Subject: Re: Kemp Declares Stat Of Emergency
Date: 09/12/23 6:44 PM
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Treasury Secretary Janet Yellen took a different tone regarding the state of the economy in a Monday interview with Bloomberg. The cabinet official said she thinks the country will avoid a recession and is on track for a soft landing from high inflation.

Hmm. The data suggests otherwise:
usnews.com - The rosy inflation narrative is about to take a turn for the worse

For months now, inflation has been steadily trending down to a 3% level after hitting 9% last summer.

But that positive story is about to get a jolt this week as the consumer price index is expected to show monthly inflation rose by 0.6% in August, up from 0.2% from a month earlier. That will likely bring the annual rate to 3.6%. The culprit? Rising energy prices.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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