Category Archives: Economics

Smokescreen

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The economy is cratering.  Sex is no longer biological.  Gas lines like those during the Carter administration are back.  The border is a mess.  Children are dying trying to cross the border after Joe Biden invited them in.  Israel is at war with Hamas.  As usual, the Democrats are siding with Hamas.  Drug cartels do not see the border as any impediment to their distributing drugs in this country.  China is bullying just about everyone in the South Pacific.  Iran is desperately trying to create a nuclear bomb.  Gangs are stealing weapons from our military.  Election fraud is being exposed.  The government is paying people not to work.  Antifa is still rioting in certain areas of the country.

So what is the biggest threat to America?   According to the Attorney General, Merrick Garland, a member of the Woke Supremacist Democratic Party, it is white supremacy.  While testifying to Congress last week, Garland specifically referred to the January 6th “insurrection.”

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Is Massive Inflation Just Ahead?

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Are we headed to inflation the likes of which we have not seen since the Carter administration?  April saw an increase of 0.8% in the Consumer Price Index after a 0.6% increase in March.  The BLS reports a year over year increase of 4.2%.  Keep in mind that a third of that increase came in the last two months.  This inflation rate is three times the rate under the PDJT administration.  [Top Line Data Here – Detailed Sector Data Here].  I would not be surprised to see inflation hit 6% or higher this year.

A leading cause of these increases have been massive increases in energy costs.  Gasoline is up 49.6% year over year.  And this was before the spike in many areas of the country due to the ransomware attack on the Colonial Pipeline.  Fuel oil was up 37.3% year over year.  There are areas of the country where the increases are in the 70-90% range.

Higher gas prices hit the middle class the hardest.  It also causes an increase in the price of transporting goods particularly food.  Keep in mind that these data points are six weeks old.  They do not reflect recent upswings in energy prices.  Significant increases in the price of food will be the result in the months ahead.

Sundance notes:

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April Jobs Report

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Now everyone knows by now that economic predictions on the number of jobs to be produced in a given month can be somewhat inaccurate.  During the Trump administration the analysts consistently underestimated (and underreported) the number of new jobs.  Every single month of PDJT’s presidency, the actual numbers were higher than the numbers initially reported.  During the recovery from the pandemic induced layoffs, the predicted number were astonishingly lower than the actual numbers.

Now the situation has been reversed.  With a senescent Democrat in Office, the analysts were predicting 978,000 new jobs in April along with a 5.8 % unemployment rate.  The actuals were a bit different.  Only 266,000 were added and unemployment moved upward to 6.1%.  Yes, Biden and the Democrats are successfully killing the economic resurgence. ... 

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Minor Insanities

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The Biden-Harris administration (yes, it’s official now.  The Democrats are beginning the transition to a Harris Presidency) is shutting down the southwest end of the National Mall around the Tidal Basin during two-week peak cherry blossom time.

Why you might ask?  It is being done so that the public will not walk around in the sunshine and fresh air to view the annual spectacle.  Apparently cherry blossoms are a particularly nasty spreader of the COVID-19 virus (sarc).

The Jefferson, MLK and FDR memorials will also be closed to keep the public away from the nasty cherry blossoms.


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Democrats Are Killing The Economy

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This administration is killing jobs and exporting American jobs to other countries.  The Democrats are anti-American and are evil, racist and corrupt.  They do not care about Americans.  They only care about power and money.

Ford announced this week that it plans to move a major project from its Avon Lake plant in northeast Ohio to Mexico. Ford thus reneged a promise made during the Trump administration to invest $900 million in the new project to build an electric vehicle there.  The original agreement called for a complete revitalization of the Avon Lake facility.

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Musings

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When George Floyd died of a drug overdose despite the efforts of four police officers to save his life, the whole country knew who the four officers were the next day.  The media created a false narrative that the officers murdered Floyd by keeping him pinned to the ground.  The officers’ names were broadcast ad nauseum.

Ashli Babbitt was shot and killed by a Capitol police officer on January 6th.  The circumstances of that killing are still unknown.  The name of the officer has still not been released.  Why?

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Super Bowl Opt-outs

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In a move that will undoubtedly have major impacts in the advertising business, Coke will not advertise at all during this year’s Super Bowl game.  Coke joins Audi in a complete absence.  Pepsi and Budweiser will not advertise their flagship products.  Anheuser-Busch has advertised its iconic Budweiser brand every year since 1983.  Everyone who has watched the Super Bowls remembers the Clydesdales commercials.

What is this all about?  The company spokespersons prattle on about looking at the market and evaluating where they are spending their advertising dollars.  Perhaps that is just it.  However, there are those in the industry who are opining that the single most watched event in American sports may be losing some of its luster.

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Thoughts

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China Joe’s inauguration speech on Wednesday was so boring that former President Bill Clinton took a nap during it.  As one wag noted, “it was the first time in forty years that Bill actually slept next to Hillary.


Just how senile is Joe Biden?  China Joe claimed that during the Trump administration, the federal government failed to act “with urgency” to combat COVID.  This seems to ignore Operation Warp Speed that produced two viable vaccines in nine months’ time, a record.  It also ignores the trillions of stimulus to combat the pandemic.

Trying to continue this line of nonsense, CNN reported that sources within the Biden administration said they inherited no vaccine distribution plan from the previous White House.

“There is nothing for us to rework. We are going to have to build everything from scratch,” one source reportedly told CNN’s MJ Lee.

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Illegitimate

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Back in 1941, President Roosevelt roared that December 7, 1941 was a date that would live in infamy.  On December 7, 1941, the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan.  This cemented our entry into World War II.

Yesterday, January 20, 2021 is truly a day that will live in infamy.  This is destined to be seen as one of the darkest days in our history.  Massive fraud and corruption elevated a spineless, corrupt, senile old man to be President of the United States.  On this date, for the first time, an illegitimate President was sworn into the office.  Evil has taken over the government of the United States of America.

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