Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing

[Over 29 years of fanhood]

7 hours ago, Tiberius said:

Sure, and tomorrow you will be Queen Elizabeth 

yo tibsy! I just knocked out a couple emails to the help out the slides for the board, responded to a bunch of requirement inquiries from the developers, and managed some inquiries from legal while I was watching the Celtics sixers,  And  earned ” tax obligations” to fund your free or reduced lunch.
 

Let me know if you change your mind on doing sone hoses work, if I can help you. 

Edited May 6, 2023 by Over 29 years of fanhood

[Tiberius]

 

[B-Man]

 

 

[B-Man]

 

Biden Unleashes The Regulatory Kraken — And There’s No Land In Sight

Issues & Insights, by The Editorial Board

 

In the span of a few weeks, the Biden administration has proposed regulations that would effectively ban gas stoves, force a massive shift to electric cars, sharply raise the cost of dishwashers, increase loan costs for frugal borrowers, regulate puddles as “navigable waters,” and limit hunting and fishing across the country.

 

It will soon release a proposed rule targeting power plants with hugely expensive carbon capture mandates. This is just the tip of the spear. As the Competitive Enterprise Institute’s Clyde Wayne Crews put it recently, “President Biden is leading an unprecedented expansion of the administrative state.

 

https://issuesinsights.com/2023/05/08/biden-unleashes-the-regulatory-kraken-and-theres-no-land-in-sight/

 

 

[Tiberius]

Chips and Inflation Adjustment Act. Fortune magazine reported recently, “The Biden administration’s efforts to revive U.S. manufacturing appear to be succeeding, with some business sectors plowing in almost 20 times the investment in new U.S. manufacturing projects versus only a few years ago.” The Chips and Science Act and the Inflation Reduction Act have injected “over $400 billion into clean energy technology and semiconductor manufacturing in the form of government incentives and subsidies, as well as create thousands of new jobs.” On top of that, private industry has invested more than $200 billion, “almost double what it was in 2021 and nearly 20 times above 2019 levels.” The number of projects more than $1 billion went from four in 2019 to 31 now. The result: More than 100,000 clean tech jobs were created since the IRA and the Chips Act passed. Biden is transforming the economy.

 

https://www.washingtonpost.com/opinions/2023/05/05/may-5-travel-newsletter/

[Tommy Callahan]

19 minutes ago, B-Man said:

 

Biden Unleashes The Regulatory Kraken — And There’s No Land In Sight

Issues & Insights, by The Editorial Board

 

In the span of a few weeks, the Biden administration has proposed regulations that would effectively ban gas stoves, force a massive shift to electric cars, sharply raise the cost of dishwashers, increase loan costs for frugal borrowers, regulate puddles as “navigable waters,” and limit hunting and fishing across the country.

 

It will soon release a proposed rule targeting power plants with hugely expensive carbon capture mandates. This is just the tip of the spear. As the Competitive Enterprise Institute’s Clyde Wayne Crews put it recently, “President Biden is leading an unprecedented expansion of the administrative state.

 

https://issuesinsights.com/2023/05/08/biden-unleashes-the-regulatory-kraken-and-theres-no-land-in-sight/

 

 

Still waiting to see the police, state/city fleets, company fleets, Politicians fleets go electric. 

 

Biden rides around in a fleet of suburbans. like the rest of them.

 

 

[Tiberius]

Decent news about inflation, slowly getting better 

 

https://www.cnbc.com/2023/05/10/cpi-inflation-april-2023.html

[Tommy Callahan]

the people saying this economy is getting better vs the crapper are only showing how out of touch with reality they are. 

 

A widely followed measure of inflation rose in April, though the pace of the increase provided some hope that the cost of living will head lower later this year.

The consumer price index, which measures the cost of a broad swath of goods and services, increased 0.4% for the month, in line with the Dow Jones estimate, according to a Labor Department report Wednesday.

 

 

 

 

Edited May 10, 2023 by Chris farley

[Roundybout]

https://www.wsj.com/articles/workers-job-satisfaction-survey-c42addba

 

Quote

Job satisfaction hit a 36-year high in 2022, reflecting two effects of the tight pandemic labor market: The quality of jobs improved as wages and work flexibility increased, and workers moved into positions that were a better fit.

 

Last year, 62.3% of U.S. workers said they were satisfied with their jobs, according to new data from the Conference Board, up from 60.2% in 2021 and 56.8% in 2020. The business-research organization polled workers on 26 aspects of work, and found that people were most content with their commutes, their co-workers, the physical environment of their workplace and job security.

 

Of note. 

[Tommy Callahan]

2 minutes ago, Roundybout said:

https://www.wsj.com/articles/workers-job-satisfaction-survey-c42addba

 

 

Of note. 

Lol.  That's like quoting the 💯 rate at your company climate survey. 

[Roundybout]

4 hours ago, Chris farley said:

Lol.  That's like quoting the 💯 rate at your company climate survey. 

Happier workers = more productivity = better economy = happier me 

[Tommy Callahan]

14 minutes ago, Roundybout said:

Happier workers = more productivity = better economy = happier me 

Its WSJ so the headline probably doesn't match the details.  they asked every employee in the country?

 

LMAO.

 

yeah. things are great in the corporate world/workplace right now.  about as good as the economy. 

 

 

while you got that  "everything is Awesome" song going

 

https://www.youtube.com/watch?v=StTqXEQ2l-Y

 

 

 

 

 

 

 

Edited May 12, 2023 by Chris farley

[Roundybout]

9 minutes ago, Chris farley said:

Its Wa Po so the headline probably doesn't match the details.  they asked every employee in the country?

 

LMAO.

 

yeah. things are great in the corporate world/workplace right now.  about as good as the economy. 

 

 

while you got that  "everything is Awesome" song going

 

https://www.youtube.com/watch?v=StTqXEQ2l-Y

 

 

 

 

 

 

 

It’s not WaPo, it’s Wall Street Journal, and they didn’t do the survey, The Conference Board did. They’ve done it for decades. 
 

https://www.investopedia.com/terms/c/conferenceboard.asp

[Tommy Callahan]

1 minute ago, Roundybout said:

It’s not WaPo, it’s Wall Street Journal, and they didn’t do the survey, The Conference Board did. They’ve done it for decades. 
 

https://www.investopedia.com/terms/c/conferenceboard.asp

that's awesome.  A 501(c)(3) charity. IE, PAC.  that's owned by donations from fortune 500 companies.  love how they call themselves a think tank.

 

 

 

The Conference Board - Wikipedia

 

https://www.irs.gov/charities-non-profits/charitable-organizations/exemption-requirements-501c3-organizations#:~:text=Organizations described in section 501,accordance with Code section 170.

 

 

 

 

 

 

[Tiberius]

19 minutes ago, Chris farley said:

Its WSJ so the headline probably doesn't match the details.  they asked every employee in the country?

 

LMAO.

 

yeah. things are great in the corporate world/workplace right now.  about as good as the economy. 

 

 

while you got that  "everything is Awesome" song going

 

https://www.youtube.com/watch?v=StTqXEQ2l-Y

 

 

 

 

 

 

 

So you have no job? That doesn't mean everyone is as lost as you are. 

[Tommy Callahan]

6 minutes ago, Tiberius said:

So you have no job? That doesn't mean everyone is as lost as you are. 

Comprehension is key. 

 

Unlike you and that one, I have actual understanding of what's going on in the workforce.

 

vs reading it in articles provided by corporate funded PACS.

 

DERPY

[Roundybout]

15 minutes ago, Chris farley said:

that's awesome.  A 501(c)(3) charity. IE, PAC.  that's owned by donations from fortune 500 companies.  love how they call themselves a think tank.

 

 

 

The Conference Board - Wikipedia

 

https://www.irs.gov/charities-non-profits/charitable-organizations/exemption-requirements-501c3-organizations#:~:text=Organizations described in section 501,accordance with Code section 170.

 

 

 

 

 

 

Well they’ve been doing this for a century so they’ve got some credibility. Hell, worker happiness bottomed out under Obama, per their data, and rose under Trump. 

Edited May 12, 2023 by Roundybout

[Tommy Callahan]

3 minutes ago, Roundybout said:

Well they’ve been doing this for a century so they’ve got some credibility. Hell, worker happiness bottomed out under Obama, per their data, and rose under Trump. 

its not then, and citizens united changed the game.

 

its a corporate funded PR.

 

but who knows, maybe they polled the investors as modern public corporations only worry about returns to investors. 

 

 

 

 

 

 

Edited May 12, 2023 by Chris farley

[B-Man]

 

 

American Consumer Debt Hits Record Level, Rises Nearly $3 Trillion Since Lockdowns.

 

 

https://www.dailywire.com/news/american-consumer-debt-hits-record-level-rises-nearly-3-trillion-since-lockdowns

 

 

.

[B-Man]

Bidenomics: A retooled notion --- but one just as disastrous.

By Rich Lowry

 

Bidenomics is not just about spending money anymore.

 

No, it's about a whole new economic paradigm, according to a recent speech at the Brookings Institution by National Security Adviser Jake Sullivan.

He describes the Biden approach as a "modern American industrial strategy."

 

In so doing, he partakes of the left's fondness for putting the adjective "modern" in front of an old idea to make it sound shiny and new.

 

"Modern monetary theory" is the phrase for the persistent notion — or temptation — that you can spend gobs of money you don't have without consequence.

 

"Modern" industrial policy is presumably superior to "antiquated" industrial policy, but both suffer from the same conceit that government — with all its inefficiencies and the inevitable inconsistencies and compromises that come with legislative sausage-making — can see the future better than market players.

 

Now, it's true that government partnerships with the private sector — and in extreme circumstances, government direction of the economy — can be useful.

 

But the counterexamples are extensive.

 

https://jewishworldreview.com/0523/lowry051623.php

 

.