Posted on 07/14/2022 6:39:24 PM PDT by anthropocene_x
In June, the consumer price index (CPI) stood 9.1 percent higher than a year ago. That is worse than things were earlier this year, worse than in 2021, and worse than any time for some 40 years. The picture today makes a dark joke of the White House’s earlier claim that price pressures would be “transitory”—and still more embarrassing President Biden’s insistence that inflation was the fault of supply-chain interruptions or Vladimir Putin’s invasion of Ukraine or the greed of mom-and-pop gas station owners. Instead, the unfolding inflation picture makes it painfully clear that the price pressures have a fundamental and durable basis
The inflation problem goes far deeper than the White House’s casual array of excuses. Those fundamental causes are clear in policy mistakes going back over a decade. They began with the financial crisis of 2008–09. To counter that disaster, the federal government ran huge deficits to help relieve the great recession that followed that crisis. They unwisely persisted in these policies even as the economy and its financial markets began to recover in 2009. And, to a greater or lesser extent, they continued in this direction for all the years that followed.
(Excerpt) Read more at city-journal.org ...
My wife scored the hit of my life time. The Fry’s Clearance fridge had four 10 oz filet mignons for $1 each!!! It was their last day. Something like a 90+% markdown. Timing is everything.
Whoa
These stupid idiots.
We tried to tell them.
I hope they’re happy.
Campbell’s soup and Progressive soup went up 33 percent in one week at Walmart - about March
Safeway: strawberries at $4.99/lb. Not even the organic variety.
Made in Mexico? I’ve tried the imported stuff. Not too good.
Darn right we did, and now the voting booth has become a joke... If we think it was bad the last time, just wait till we see the next.!!
We were warned
And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?... The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If...if...We didn’t love freedom enough. And even more – we had no awareness of the real situation.... We purely and simply deserved everything that happened afterward.
Aleksandr I. Solzhenitsyn , The Gulag Archipelago 1918–1956
Billions funneled to corrupt US politicians through Ukraine
That was witty.
That’s it exactly.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.