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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: WiltonKnight   😊 😞
Number: of 84346 
Subject: The Inflation Dance goes on.....
Date: 03/13/23 9:10 AM
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Not just during the height of the pandemic - but after.

Oodles of direct checks and aid to Americans.

Incentives to work taken away.

Cash given - sometimes yes, used for survival but many times, to buy Chinese made goods, $4 coffees and on and on and on.

Then when inflation showed itself, someone called it "transitory" and "a high class problem" and those who brought it up were met with "Fox!" "Trump!".

Now here we are. On someone's watch, rates have had to be hiked up hard and fast. Money supply has had to be reduced, fast and hard.

And guess what? Soon - many many workers, raw materials and equipment will be needed for infrastructure products---wonder what that does for inflation?

All this while immigration can't happen - because *someone* did it in such an unfair, politically correct way, that it's given the other side a potent political weapon to stymie everything.

Well played.
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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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