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I don’t pretend to fully understand what we are seeing. Frankly, I don’t think the experts understand what is happening because everyone understands their specific field of expertise and not the next part. Hell, most of them cannot admit that printing more money is NOT the answer.

However, regarding your point about wages vs labor it appears that businesses (most of whom are already hurting after the last two years) are still unable to hire needed workers to operate at whatever the new capacity is given the number of help wanted signs that I see.

While it is a muddled mess I do know one thing for certain. IF you can stay at home and collect a free government check for doing nothing vs work and only make a little bit more each week the math shows the government, even more than the economy, is crushing business.

We still have a lot of mom and pop restaurants for example who are functioning as take-out only because they claim to not be able to find (or afford) workers to do sit-down dining.

I live in a red area of a blue state and their policies on elevated wages are clearly not sustainable in the present market despite the large price increases in products.

While the price I pay for a basic product will go up it does not mean more money for “wages” because the cost for businesses are rising even faster due to the supply chain (disruption and price increases of raw materials).

Our economy appears very disjointed right now from the top down and printing more money for the democrats to spend on pet projects is NOT going to help! There is only one good answer as the first step and that is to try and stabilize the dollar to rein in inflation.

While that will not fix things quickly it is certainly necessary because blowing up the dollar breaks everything. Regardless, it will take a very long time to unwind this mess and I think more and more people are realizing it despite the pumping that the Fed continues to keep the stock market going.

In a sense we live in two economies. The global elite have theirs and the rest of us live in ours. That is what it looks like right now. It almost appears intentional and while we are likely to elect a Republican or maybe even Trump in 2024 I don’t see how it would be possible to see the roaring economy we were witnessing only two years ago so it is just as likely they will get one-term to try and fix it and the left will promise to fix it with government spending again.

A vicious cycle indeed.