Posted on 05/18/2021 7:10:30 AM PDT by RandFan
Surging consumer prices and gasoline shortages have sparked concerns the U.S. economy could relive the nightmarish stagflation of President Jimmy Carter’s administration in the late 1970s.
Stagflation is defined as a period of inflation with declining economic output.
The economy under Carter experienced inflation and unemployment that were both in the double digits as the result of an oil price shock that began when Iranian oil workers went on strike.
Gas stations across the East Coast have for the last week faced fuel shortages and long lines after the 5,500-mile Colonial Pipeline, which supplies almost half the region’s supply, was taken offline by hackers. The outages evoked memories of the gas lines that occurred during the sharp drop in Iranian oil production at the end of the Carter administration.
(Excerpt) Read more at foxbusiness.com ...
All the pieces are there except high interest rates. When they come, our national debt will skyrocket, and who knows what from there?
oh, it’s going to be much worse than the Carter thingee, or the 2008 thingee, that struck terror in the hearts of some of our representatives.
We ordered more chicks. We are sharing a steer with a neighbor.
The Carter Years will be looked upon as Years of Prosperity compared to Joe and his Ho years.
That’s the way to do it. I’ve been buying my beef and pork from rancher neighbors for 30 years. We raised chickens too until we downsized and the community we moved to doesn’t allow chickens…mistake on my part. We looking for a workaround.
Have you raised Cornish Crossed meat birds? Disgusting chickens they are. I call them FrankenFryers. However, they are so good to eat you’ll soon appreciate how slovenly and glutinous they are. 8 weeks tops from baby chicks to dinner plate!
Collapse. Unavoidable.
I buy one of my neighbor’s beefs every year. I used to raise fox food too but it got too frustrating.
Never heard of them. We only raise for eggs because we’re really not interested in slaughtering birds and, to be frank, they are cheaper (but maybe not as healthy) to just buy.
But I’m putting these on my list. If things take a bad turn sooner than later, they are worth looking into.
Cornish cross broiler!
I just looked them up. We accidentally got one of those in a batch of chicks from Tractor supply once. It was amazing how fast that thing dwarfed the rest of the birds.
It also fell prey to a local critter really fast. It was so huge it couldn’t get up on the roost.
I think we may want to consider those with the times that are a comin’. My wife hates slaughtering birds but I have no problem with it. And like you said, those things are ready to eat in no time. And raising your own is certainly giving you healthier meat than at the store. I’d want to do a lot of incubation on their eggs too, though.
I’m not sure they can lay eggs. They grow so fast you have to feed them on a schedule or they “flop”. (Hearts explode). You free feed them for 3 or 4 days when you first get them. Then you put the food down for 12 hours then remove it.
I lost 50% of my first batch because I didn’t know how to care for them. They aren’t like other chickens. They don’t move more than 2 feet from the feeder and like you said, thy don’t roost like other birds.
I built a special coop just for them. There’s an extension office near you I’m sure you can rent a scalder, cones and a plucker that makes easy work come butcher day. You can process 50 birds an hour with the tools you can rent for cheap.
Man, all this talk about FrankenFryers is making me more determined to find a way to get back into chicken husbandry. Such fine eatin’.
One of my acquaintances in my church has a couple of huge sheet metal buildings where he raises birds for McDonalds. I’ll bet this is what he’s raising.
My biggest problem with this sort of thing is that I don’t see how you end up with any less money - while spending more time - invested in them than just getting a bird from the grocery store.
Well ol Joe is trying hard to push another $4 Trillion spending and attempting to get it in before the interest rates begin rising.
Monumental fiscal mismanagement. Not only democrats, but republicans as well. They’re killing our country.
You really don’t save much except when you think about where your food comes from and the quality. You can’t buy food as good as you or your neighbor raises.
We kept a close eye on costs. We moved 5.5 years ago and had to quit raising them. Our total costs raising 10-50 birds at a time cost us just under $4.00 each to raise including buying & shipping the 3 day old chicks. Today, I don’t think you can buy a 4-8 pound chicken for anywhere near that price.
You can put away a lot of quality protein with an 8 week investment. We fed our entire family. Everyone helped out on butcher day. All means all, even the preteens helped out. Made them respect food.
Yeah, I’m weighing it now. I tell people that when God was inventing the chicken he said to himself, “They’re gonna love these things!” :D
The stocks dropped that I look at. AMD went from about $94 to $74. Other tech stocks the same since the first week of February. The democrats want to spend another $6 trillion for starters with more proposed. Higher taxes all around.
That will cause the economy to stagnate as people will stop expanding busing, higher more people as they rightfully should as the democrats will punish those that are successful.
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