Disgusted with the Biden administration

posted by brutus161

My comment was also in jest (mainly because I served on submarines for 21 years).

posted by like_that
God damn, 21 years? 

Yes. Retired in 2017

posted by brutus161

Yes. Retired in 2017

I don’t think I could last 48 hours in a sub. 

Biden’s response to this is that they really need to pass BBB… morons.

BREAKING: U.S. inflation was up 6.2% in October over a year ago. That’s the highest inflation in 31 years.

Inflation was up 0.9% in Oct. alone, a much higher increase than 0.4% in Sept. and 0.3% in August.

Prices are rising for food, energy, shelter, used cars and new cars.

— Heather Long (@byHeatherLong) November 10, 2021

posted by iclfan2

Biden’s response to this is that they really need to pass BBB… morons.

BREAKING: U.S. inflation was up 6.2% in October over a year ago. That’s the highest inflation in 31 years.

Inflation was up 0.9% in Oct. alone, a much higher increase than 0.4% in Sept. and 0.3% in August.

Prices are rising for food, energy, shelter, used cars and new cars.

— Heather Long (@byHeatherLong) November 10, 2021

The Biden assaults on the middle class and fixed incomers continue unabated.

https://www.msn.com/en-us/money/markets/a-record-111-container-ships-are-floating-off-california-s-busiest-ports-despite-biden-s-24-7-schedule-and-looming-fines/ar-AAQx8ns?ocid=msedgdhp&pc=U531

Build Back Better team of biden & buttman doing real well...

It's almost like there was a global pandemic that completely turned upside down our supply chain and now that people are back to work and economy is gaining steam, there are supply shortages leading to stock shortages leading to more demand than supply leading to higher prices. So odd. It's amazing that only the US is feeling it and Biden screwed it all up.

/sarcasm

posted by QuakerOats

https://www.msn.com/en-us/money/markets/a-record-111-container-ships-are-floating-off-california-s-busiest-ports-despite-biden-s-24-7-schedule-and-looming-fines/ar-AAQx8ns?ocid=msedgdhp&pc=U531

Build Back Better team of biden & buttman doing real well...

I'm sure the globocommie BBB agenda will fix it, though. 

You're right, Biden isn't completely to blame for where we are, but he's not helping, has certainly contributed, and will likely continue to exacerbate the issue going forward. 

IMO, of course.

It's also funny to watch the powers that be get it wrong every step of the way.

There is no inflation. 

Inflation is transitory. 

Wow, inflation is way worse than we thought.

Okay, this isn't going away any time soon.

posted by justincredible

I'm sure the globocommie BBB agenda will fix it, though. 

You're right, Biden isn't completely to blame for where we are, but he's not helping, has certainly contributed, and will likely continue to exacerbate the issue going forward. 

IMO, of course.

I don't know what you do about it? Do you? It's going to have to adjust back to normal.  If there ever is such a thing anymore. 2020 was pure chaos as far as a global market was concerned. We had panic buying followed by no buying followed but months of no manufacturing leading to inventory depleting's that were already next to nil since that was determined how you make the most money and are the most efficient. And now we want to buy again like like none of that ever happened. I dunno.. I don't have the answer I guess.

Maybe stop mandating vaccines and fully open the economy. Stop looking to shut down other oil pipelines too. 

posted by kizer permanente

It's almost like there was a global pandemic that completely turned upside down our supply chain and now that people are back to work and economy is gaining steam, there are supply shortages leading to stock shortages leading to more demand than supply leading to higher prices. So odd. It's amazing that only the US is feeling it and Biden screwed it all up.

/sarcasm

Amazing that people confuse the results of the pandemic and our incorrect government actions surrounding the pandemic for the issues.

posted by queencitybuckeye

Amazing that people confuse the results of the pandemic and our incorrect government actions surrounding the pandemic for the issues.

Yeah.. amazing.  So what actions should he take that will fix this global supply chain issue?

2022 is going to be hard on a lot of people.  Might as well just shut the pocket book and not spend any money.

posted by iclfan2

Maybe stop mandating vaccines and fully open the economy. Stop looking to shut down other oil pipelines too. 

That will definitely fix the issues of entire departments out sick and nothing being made.

posted by kizer permanente

It's almost like there was a global pandemic that completely turned upside down our supply chain and now that people are back to work and economy is gaining steam, there are supply shortages leading to stock shortages leading to more demand than supply leading to higher prices. So odd. It's amazing that only the US is feeling it and Biden screwed it all up.

/sarcasm

It is 100% a labor crisis.  And everything the biden administration is doing has/will make it worse.  Buckle up. 

posted by QuakerOats

It is 100% a labor crisis.  And everything the biden administration is doing has/will make it worse.  Buckle up. 

Agreed but it has nothing to do with unemployment or whatever else you want to blame it on. It's also a WORLDWIDE labor crisis. People have died, older people have retired earlier. People are still getting sick. It's happening in EVERY country in the ENTIRE world. The POTUS isn't going to fix it. It's not possible.

posted by kizer permanente

I don't know what you do about it? Do you?

Yeah, what the Fed has done effectively to tame inflation for 40 years - raise interest rates!

Which will go over like a lead balloon with Biden, obviously.

I certainly don't think prior Fed's would have sat on their thumbs just assuming inflation was temporary.  They would have raised rates, and then if inflation fell off a cliff they'd start cutting rates again.  No big deal.  I believe Greenspan thinks once of the greatest mistakes of his career was waiting too long to raise rates.  IMO, Yellen is almost guilty of malpractice here.

Also, when you have supply chain shortages combined with labor shortages....seems like the WRONG time to "create millions of new jobs" with gubmit porkulus.

But, really, super bang-up job guys giving the world's richest man another billions handouts to help him sell more Teslas.