RMNIXON (06-19-2021)
We have became dependent in ways like America has never experienced before!
Not even during the Carter Inflation 70's that was bad enough for those who lived through it. High prices and limited supplies are economic killers in the long run.
Bottom line people need to make and do things in order for an economy work. You can't Stimulus spend you way into prosperity!
PS: Yes CA is looking at a major energy Crisis this Hot Summer thanks to Green Investment Fail and too many useless people trying to live here.....
montana (06-19-2021)
The US government is lying about inflation, debt and all aspects of the economy to prevent Americans from securing their wealth. Not necessarily to steal it but to prevent the market and consumer confidence from crashing. However they still do not understand that their tax increases are going to directly contribute to all of that.
We are not paying $15 to $25 for Yugo quality employees. Restaurants are replacing them with AI, ipads...manufacturers are kicking out low margin products and raising the rest to cover overhead due to lost volumes, contractors and services that are forced to pay higher wages are significantly raising prices. Under the table and illegals needed are the increased solution.
And where does a lot of that recent consumer confidence come from?
All that never ending Stimulus money and the Biden Infrastructure promise (In Name Only) if they pull that off with a Partisan Bill worth Trillions of dollars not matched in real economic activity.
People need to work and be productive, then spend what is earned. It is that simple!
If not inflation and eventual monetary collapse...........
Peter1469 (06-20-2021)