Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (31) |
Author: Lapsody 🐝  😊 😞
Number: of 48466 
Subject: Re: The "Failing" Biden Economy
Date: 12/08/2023 1:18 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
That's not what voters are unhappy about. Instead, the first is that prices are still really high. Not just the rate of inflation - but that they still get sticker shock when they go to the grocery store or the gas station.

Wash state was just successful in cases charging chicken companies with price fixing. They were sharing sensitive data and using it to reduce production so they could keep prices high. Biden has put Pharma on notice about "marching in" on patents where the gov participated - to keep prices low. From what I gather if the price is too high we can allow competitors to produce. Not sure how that will work since it's never been used.

Inflation is not doing badly, but people have the sense it's doing badly. Part of the problem may be normal capitalist practices though.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (31) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds