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Fake New Spin on Inflation

Valletta

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Yellen says she was 'wrong' about inflation path, Biden supports Fed actions

The attack on fossil fuels by Joe was fully supported by Yellen's radical green ideology. Both apparently did not understand just how many products use or are transported by fossil fuels.
After Joe's gaffe Russia invaded Ukraine and still Joe has refused to ramp up production in this country, causing gasoline and other products to go sky high. The companies that transport food have to pay higher freight costs, employees need more money to survive, and the inflation spiral continues. The damage these people have done, and their efforts to blame everyone but themselves, should never be forgotten.
 

JimR-OCDS

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The bottom line for many Americans is, Biden doesn't know how to fix anything.

Yesterday he said his priority was to fix inflation, but he also added that he wants to add
social engineering aspects to any legislation that Congress comes up with.
 
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iarwain

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The bottom line for many Americans is, Biden doesn't know how to fix anything.
He could encourage the US to ramp up energy independence, but he doesn't want to. It's more important to him that the Democrats pander for environmentalist votes, which is part of their base. The problem with this strategy is he's losing independent voters by the bucketload.
 
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mama2one

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supply and demand


-goods are still stuck on ships
-China has heavily increased shipping costs
-companies still buying from China despite those shipping costs


where husband works, they are turning to companies in Viet Nam
also, there are goods that can ONLY be purchased in China as there is not one company in USA that produces certain goods!

he is sourcing as it's difficult to get products they need
they manufacture but also purchase overseas
it is now taking MONTHS to get products from China
 
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