The 'Shortage Economy' Will Hit Us Just
in Time for Christmas
Posted By: Dreadnought, 10/8/2021 12:06:10 PM
According to economists, we’re at the beginning of a “shortage economy” where shortages of goods like electronics and clothing will become commonplace. Yes, the pandemic is partly to blame. Factories shut down and are just now revving up to full capacity. The “supply chain bottleneck” has become a fact of life. More than that, there’s almost $10 trillion worth of government stimulus in the West that’s burning holes in people’s pockets. But there are several other factors affecting the supply of many goods. The Economist: Yet the shortage economy is also the product of two deeper forces. First, decarbonisation. The switch from coal to renewable energy has left Europe
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As we reported earlier today, Southwest Airlines canceled hundreds of flights yesterday claiming, initially, that it was due to bad weather and that there were air traffic control issues.
But their issues continued, with another 1,000 flights canceled today, as well — almost 28% of their total flights. This was the second straight day of significant issues.
As we noted earlier, the claim of “weather” didn’t match what was happening in the country, and it wasn’t hitting other carriers. So, that wasn’t the real story. Fox’s Leland Vittert indicated that there was a “mass sickout” in protest of vaccine mandates. That many scrapped flights is obviously an internal problem, not weather.
Kyrsten Sinema eyes $100bn cut in funds
to combat climate crisis in Biden bill,
report says 7 replies
to combat climate crisis in Biden bill,
report says 7 replies
US Senator Kyrsten Sinema wants to cut $100bn from climate programs in major legislation being pushed by the White House, a report says.
The Arizona lawmaker is one of two centrist Democrats who are essential to passing a $3.5 trillion budget bill and a $1 trillion infrastructure bill, legislation which is a signature part of President Biden’s domestic agenda.
Ms Sineman, who started her political career in the Green Party, is now demanding the cuts be made on climate provisions in the budget bill, according to The New York Times.
Last month, Ms. Sinema told The Arizona Republic, “We know that a changing climate costs Arizonans. And right now
We’ve been talking about how bad the polling has been for Joe Biden, even in deep-blue states like Minnesota.
How do you know when it’s getting really bad? When even CNN — usually all in to pimp for Biden — is acknowledging how underwater he is in job approval. He’s down even with Democrats, but what they say is really animating the poll is how much he has dropped with independents. As CNN’s John Berman and Harry Enten put it, the technical term is “not good.” He’s down 10 points among Democrats, 12 among Republicans, but among independents, he’s down 19 points.
President Donald Trump held a rally in Des Moines, Iowa, today.
Now, like every Trump rally, you know it’s going to have a lot built into it.
But this one, because of the location, has a little bit of a deeper meaning for 2024, because Iowa is the state front and center of any presidential primary run.
Trump pointed to the importance of Iowa in the effort to take back the House and Senate in 2022, then the White House in 2024. The Republicans need a net gain of just one seat in the Senate and a net gain of five in the House to win back the majority. The only Democrat
Former President Donald Trump endorsed Sen. Chuck Grassley (R-IA) for reelection during his rally Saturday in Des Moines, Iowa.
“I’m thrilled to announce tonight that Sen. Chuck Grassley has my complete and total endorsement for reelection,” Trump said as Grassley joined him onstage.
“Our nation’s comeback begins in November 2022 when we’re going to reclaim the House and we’re going to reclaim the United States Senate,” he continued:
And we have with us tonight a great American patriot. A man who truly loves Iowa, loves Iowa. He’s young, very young guy. He’s strong and he’s very handsome. He fights like no other. When I’ve needed him for help, he was always there,
Political Analyst: Democrat Party Is Too
Elitist, Threatens Biden’s Agenda and
Future Elections 19 replies
Elitist, Threatens Biden’s Agenda and
Future Elections 19 replies
Democrat political analyst David Shor on Friday warned the Democrat Party has become too elitist, exclusive, and intolerant of the American workers and the American family, which is threatening President Biden’s agenda in the Senate and future elections beyond 2022.
“I think the core problem with the Democratic Party is that the people who run and staff the Democratic Party are much more educated and ideologically liberal and they live in cities, and ultimately our candidate pool reflects that,” David Shor told the New York Times about the Democrats inability to connect with working families in the middle of the country.
A U.S. court of appeals temporarily reinstated Texas's six-week abortion law, issuing an administrative stay of a preliminary injunction granted to the Biden administration earlier this week by a federal judge that blocked the controversial law's implementation.
"It is ordered that Appellant’s emergency motion to stay the preliminary injunction pending appeal is temporarily held in abeyance pending further order by this motions panel," the 5th Circuit Court of Appeals ruled on Friday.
The U.S. court of appeals directed the Department of Justice to respond to the emergency motion by 5 p.m. next Tuesday.
On May 28, 2020, just three days after George Floyd was murdered by a police officer and the country was erupting with sometimes violent protests, progressive data analyst David Shor issued a warning about the efficacy of riots: The research wasn’t his own. He was merely acting as a messenger. But at that particular moment in time, Shor became the enemy for a lot of outraged people. He was accused of being a racist. He apologized but the company that had employed him decided to side with the mob calling for his head and fired him.
Today, Ezra Klein published a piece about Shor’s work since then. Getting canceled ultimately
Some days ago, Sen. Kyrsten Sinema, who is one of the moderates holding up Biden’s “build back better” agenda, was accosted and filmed in a public bathroom. The illegal immigrant activists blistered her for not supporting a pathway to citizenship via reconciliation, something the Senate parliamentarian has already said can’t be done anyway.
But it was really the reaction to that scene that held the most impact. You expect far-left lunatics to be far-left lunatics. What Sinema probably didn’t expect was for Joe Biden to claim the attack was “part of the process,” while Bernie Sanders holds up a letter of condemnation.
President Biden did not mention a labor shortage in remarks following the release of a disappointing jobs report from the Bureau of Labor Statistics on Friday.
Biden blamed lower-than-expected hiring levels on the spread of the Delta variant of coronavirus. The Bureau’s report found that the U.S. added just 194,000 jobs in September, compared with the 500,000 expected by economists.
“Remember, today’s report is based on a survey that was taken during the week of September 13…when COVID cases were averaging more than 150,000 per day,” Biden said. “Since then, we’ve seen the daily cases fall by more than one-third, and they’re continuing to trend down.”
Biden also repeatedly
There’s a four-word expression that seems to be used a lot when it comes to Joe Biden and, in particular, his actions when it comes to the economy — fails to meet expectations.
How many times have we heard this when talking about the jobs report under Biden?
Well, here we are again. It’s October and now the September numbers are in and they “fail to meet expectations.” When even CNN has to say how bad it is, you know it’s bad.
Here they are saying it’s “way less than expected,” less than last month, and “the worst of the year.”
According to economists, we’re at the beginning of a “shortage economy” where shortages of goods like electronics and clothing will become commonplace.
Yes, the pandemic is partly to blame. Factories shut down and are just now revving up to full capacity. The “supply chain bottleneck” has become a fact of life. More than that, there’s almost $10 trillion worth of government stimulus in the West that’s burning holes in people’s pockets.
But there are several other factors affecting the supply of many goods.
The Economist:
Yet the shortage economy is also the product of two deeper forces. First, decarbonisation. The switch from coal to renewable energy has left Europe
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Senate Republicans have shared they hope former President Donald Trump does not announce another run for the White House – especially before the 2022 midterms, a Sunday report reveals.Several GOP senators told The Hill that they don't want Trump at the helm of their party.'I think we're better off when he's not part of any story,' one Republican senator, who said his view is widely shared in the GOP conference, said.'He's a clinical narcissist,' the senator continued. 'He threw away the election in the debate with Biden and he threw away the Senate out of spite.'The lawmaker was referring to Trump's first debate against then-candidate Joe Biden
Anthony Fauci warned that vaccinated Americans to still wear a mask outdoors this winter and offered up hope that Covid-19 deaths will continue their downward trajectory in the next few months.
Fauci - during an interview with Greta Van Susteren, which will be aired on Sunday - was asked if he expected another surge in Covid cases this winter caused by different variants.
California will soon ban the sale of new gas-powered leaf blowers and lawn mowers after Governor Gavin Newsom signed off on the new law on Saturday. The move is aimed at curbing emissions from a category of small engines on pace to produce more pollution each year than passenger vehicles. The gas-powered equipment to be banned uses small off-road engines, a broad category that includes generators, lawn equipment, pressure washers, chainsaws, weed trimmers and even golf carts. Under the new law these machines must be zero-emissions, meaning they'll have to be battery-powered or plug-in.(Snip)'This is a pretty modest approach to trying
China is sending record numbers of military aircraft to threaten Taiwan, warning “war may be triggered at any time” and asking the island democracy’s allies if they want to “become cannon fodder.”Team Biden’s response: Happy talk of how China’s president-for-life promised a month ago to keep the peace and having the Pentagon shift from Trump-era “great power competition” to “strategic competition” that “does not, and should not, preclude working with China.”Ouch. Talk of “peace in our time” is exactly the wrong answer to China’s “We’re ready to rumble” message. Washington needs to act, and now, to get Beijing to back down.
We’ve been talking about how bad the polling has been for Joe Biden, even in deep-blue states like Minnesota.
How do you know when it’s getting really bad? When even CNN — usually all in to pimp for Biden — is acknowledging how underwater he is in job approval. He’s down even with Democrats, but what they say is really animating the poll is how much he has dropped with independents. As CNN’s John Berman and Harry Enten put it, the technical term is “not good.” He’s down 10 points among Democrats, 12 among Republicans, but among independents, he’s down 19 points.
California took another step toward its goal of ridding the state of all gas-powered engines thanks to a new bill signed by Gov. Gavin Newsom on Saturday. The new law will ban the sale of all off-road, gas-powered engines, including generators, lawn equipment, pressure washers, chainsaws, weed trimmers, and even golf carts. Under the new law , these machines must be zero-emissions, meaning they will have to be either battery-powered or plug-in, according to the Los Angeles Times .
Has the White House dumped Kamala?
28 replies
As Joe Biden's public approval tanks in the polls, his sidekick Kamala Harris is also looking pretty wretched. She underwent 'repackaging' from swamp consultants who specialize in "crisis messaging," to very miserable results as she posed for videos with kids, coming off phonier than ever.
And more important, she may have been frozen out of all serious decision-making as an obviously giggling lightweight.
There's this item, reported by Fox News: Several top members of the Biden administration were in Mexico City on Friday for a meeting with Mexican officials regarding security along the U.S.-Mexico border. But Vice President Kamala Harris wasn't among them.Harris, whom President Biden appointed in March
President Biden issued a proclamation this week to mark Indigenous Peoples’ Day — the first time a US president had commemorated the holiday.
“On Indigenous Peoples’ Day, our Nation celebrates the invaluable contributions and resilience of Indigenous peoples, recognizes their inherent sovereignty, and commits to honoring the Federal Government’s trust and treaty obligations to Tribal Nations,” Biden wrote in the proclamation made Friday. “Today, we recognize Indigenous peoples’ resilience and strength as well as the immeasurable positive impact that they have made on every aspect of American society.”
We have finally gotten a glimpse of the new YouTube series starring Kamala Harris, and it’s just as cringeworthy as you could imagine. In fact, it might be the most cringeworthy thing she’s ever done (and that’s saying a lot).Harris is famously disingenuous , and this video does nothing to help that reputation. In the clip below, you see Kamala awkwardly using some sort of “Narrators voice” as she’s talking to the kids about space exploration.“I just love the idea of exploring the unknown,” Harris says in an awkward tone of voice. “And then, there’s other things that we just haven’t figured out or discovered yet.
British Airways has instructed pilots and cabin crew not to refer to passengers as 'ladies and gentlemen' in an effort to celebrate 'diversity and inclusion'. Britain's flagship carrier has abandoned the greeting in favour of more gender-neutral terms, reportedly to respect wider social norms and make children feel included. Other major airlines, including Lufthansa, easyJet and Air Canada, have already adopted gender-neutral language.
A non-governmental organization (NGO) backed by former Presidents Bill Clinton, George W. Bush, and Barack Obama, as well as first ladies Hillary Clinton, Laura Bush, and Michelle Obama, is working closely with President Joe Biden to resettle tens of thousands of Afghans across the United States.The NGO, called Welcome.US, was launched by former Clinton, Bush, and Obama staffers with the former presidents’ serving as honorary chairs and receiving backing from Rockefeller Philanthropy Advisors which has ties to billionaire George Soros.Likewise, the NGO is working alongside multinational corporations like Airbnb, Walmart, Starbucks, Instacart, Facebook, Microsoft, and Chobani to provide newly arrived Afghans with financial assistance.
President Joe Biden wasted no time in making fighting so-called climate change a priority, including issuing an executive order on January 27, 2020, tasking several federal agencies with developing plans to address the issue. And now those agencies have released a report citing the most pressing threats facing the United States. The order said: It is the policy of my administration that climate considerations shall be an essential element of United States foreign policy and national security. The United States will work with other countries and partners, both bilaterally and multilaterally, to put the world on a sustainable climate pathway.