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The Looming Crisis that Could Cost the
Country and Sink Dems Chances in Midterms

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Posted By: Garnet, 9/13/2022 2:44:37 PM

We saw in our earlier report about the inflation numbers that the news was not good for the American consumer — that core CPI went up sharply in August, even with gas prices dropping. That’s not a good sign and an indication that the rosy picture that the Biden team would like to paint of inflation is not reality. The report has many economists concerned, and stock futures took a tumble Tuesday morning at the news, as the markets reacted to the new CPI data. Economists had predicted a lower annual inflation rate for August, and the 8.3 percent finding sent future tied to the S&P 500 down 1.4 percent,

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Reply 1 - Posted by: Jethro bo 9/13/2022 2:53:18 PM (No. 1276523)
How could this possibly be? I thought Port-O-Pot, er, I mean, Lunch bucket Diaper Joe was for good paying Union jobs. Now the Unions could destroy Port-O-Pot, er, Lunch Bucket Diaper Joe and the Dems. O'Henry would love this.
4 people like this.

Reply 2 - Posted by: Starboard_side 9/13/2022 3:07:05 PM (No. 1276536)
The IANA (Intermodal Association of North America) is holding a convention right now in Long Beach, CA, and this is BIG topic and news there. Heard they had 10 of 12 unions lined up in agreement, but 2 backed out, so now 8 out of 12, which them being the largest unions holding out. When asked why 2 backed away, it was "politics entered into the conversation". You also have the ILWU (longshore workers) still negotiating their expired contract, and stuck on a few issues that weren't considered previously. Ocean carriers in the Trans-Pacific have seen rates decline from over $10,000 per container just 5-6 months ago, to rates around $3000 today, so they aren't negotiating on the same economic terms as just a few months ago.
1 person likes this.

Reply 3 - Posted by: doctorfixit 9/13/2022 3:29:29 PM (No. 1276546)
Inflation is government policy. Inflation is how socialists destroy the middle class, expand the parasite class, and repay debt with worthless currency.
12 people like this.

Reply 4 - Posted by: bad-hair 9/13/2022 3:36:00 PM (No. 1276554)
Anybody seen or heard from Butt Gig ?
12 people like this.

Reply 5 - Posted by: stablemoney 9/13/2022 6:21:33 PM (No. 1276691)
The left has crashed the Western economies. Who else could have done it, and so quickly? Sadly, it will be forgotten as quickly as the muslim terrorist bombing of the Trade Centers, and a muslim elected President within 7 years.
1 person likes this.

Reply 6 - Posted by: Luke21 9/13/2022 7:05:29 PM (No. 1276736)
They have been wrecking the country for two years and harassing half the population, but we get normie articles about this normie election.
1 person likes this.

Reply 7 - Posted by: Omen55 9/13/2022 8:34:33 PM (No. 1276785)
In which case all of dem will run from Joey.
1 person likes this.

Reply 8 - Posted by: Penney 9/13/2022 9:28:29 PM (No. 1276820)
Another crisis? It almost seems like the dems just want to loot & trash America the Beautiful, eh?
1 person likes this.

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