“It’s The Inflation, Stupid…”
Today, America’s job market remains resilient, with healthy job creation, low unemployment, and almost two job openings for every unemployed person. But dangerously high inflation has left Americans deeply dissatisfied with the economy. At 8.6% as of May, the annual consumer-price-index inflation rate is quadruple the norm of recent decades, and has outpaced wage growth, leaving most families with falling real incomes. Even core inflation – which excludes volatile food and energy prices – is running at 6%, higher than in other major economies. No one under 60 has experienced anything like this in their adult life.
~~~~~~~~~~~~~~~~~~~~~
The above article outlines fallacies that should be quickly recognized:
- The job market is not resilient.
- There is no healthy job creation.
- There is no low unemployment.
- The information comes from the Bureau of Labor statistics.
Let’s put this into perspective by outlining the Great Resignation:
There’s no turning back from the workplace changes brought about by the Great Resignation, according to the expert who coined the term.
Organizational psychologist Anthony Klotz predicted in May 2021 that the Covid-19 pandemic would lead to pent-up resignations. Since that time, millions of Americans have quit their jobs; a record 4.5 million workers walked away in March alone.
The initial surge was due to the backlog of resignations since workers weren’t quitting during the height of the pandemic, he explained. They also were burned out, unhappy and reevaluating their lives.
Many employers have adapted to meet workers’ needs, albeit slowly in some cases. They are now addressing employee wellness, including mental and financial health, and are offering remote work opportunities.
~~~~~~~~~~~~~~~~~~~~~
What is not discussed is the fact that people are going Galt. They are either not working or have switched to the underground economy where their wages are higher and they do not pay taxes. What also is not discussed is the impending economic collapse that is being referred to as a recession.
There is one problem that they cannot conceal: the average American working family is broke. They can no longer afford food, gas and energy to heat or cool their homes. Change is now here and it was the same change all Communists offer in their version of Utopia: tyranny, no rights, indoctrination, sexual perversion and shortages.
It will be interesting to see their propaganda and disinformation campaign as the 2022 elections get closer.
Has the civil war started? The overturning of Roe v. Wade has had two consequences:
- It has delineated the chasm between red and blue states and the blue states are closing ranks.
- It has shown that the emperor and his minions have no clothes. The promised mass civil unrest was a manufactured threat which did not materialize.
Where does this leave us? People still cannot afford food and gas. In some cases, it is a moot point as shortages make the cost irrelevant. People have maxed out their credit cards and their quarterly retirement plan reports coming out next week will show the consequences of accepting a government coup.
As America goes Galt and the traitors flounder, we can agree that it is interesting times that we live in. If you have not read the Art of War, now is the time.
David DeGerolamo
A good time to read Duffers drift as well.
Another good analyses of our clown world, thanks.
It is not going to get better, the faulty foundation was set decades ago, any attempts to correct any specific problem will just distort the economy else where! A clean slate (crash), real money, with no government interference is needed.
Their plans are falling apart, the Roe VS wade decision was planned for the upcoming election, to cover up the election steal once again. You would have thought freedom loving Americans would have already been out in the streets. A placid hedonistic society is what we have become, more than willing to give up our freedom and liberty. They have finished burning down what was left of the Constitutional Republic, all that stands in their way now is dis-arming the American people.
Why go through the trouble of disarming a population? Starving the population is much easier. Crop failure can be blamed on climate change as they flood one area and drought out another.
I think some gun owners do not want to recognize this. They point to the millions of guns the patriots have. They tell us that they are “keeping their powder dry” like there’s going to be some big shoot out. Guns are great for home protection but is a losing fight against weather warfare, not to mention biological and economic warfare.
Yes they are using every tool including weather warfare to bring us to our knees, and yes, I am keeping my powder dry. When the chaos starts 9/11 wont help your situation, it will only enhance the danger.
Tom: “Force Ten from Navarone” had an interesting segment where the explosives were placed inside the base of the dam and lit. The resulting explosion seemingly did nothing. Edward Fox and Carl Weathers are on the hillside when Carl bemoans the dam not breaking. Edward, knowing the charge can only start the cracking of the cement, says, “Give it time.” Eventually the dam begins to crumble and fall. Ford and Shaw show up and realize they are behind enemy lines. What I’m saying is that the charge has been lit and the wall is crumbling. When it hits the fan, we can begin; and we are already behind enemy lines. “Give it time.”
Have not watched that movie in a while Eddie, yes we are behind enemy lines, and I am waiting like the rest of us here. Your right they are losing ground and their narrative is so absurd they have a hard time pushing it. I am keeping my powder dry.
Texas GOP pushing for referendum to secede from the “United” States of America in 2023 – NaturalNews.com
I’m here and I say let’s do it. And I don’t care what the repercussions are.
Damn the torpedo’s, what have we got to lose at this point?
I don’t read or listen to anything Joe Biden says. Because your have to do peyote to comprehend his message. Let us not suffer fools or this government. We’re on our own. Prepare and train accordingly.
Here is the guy who is satans right hand man running everything and our nation into the ground, the sodomite pedophile from the abyss
Why won’t Christians implement an economy and means of social mobility for their own, collectively?
“The Irreconcilability of Capitalism and The Gospel”
“I have described capitalism as the system of endless accumulation and relentless commodification – the process of continually monetising more and more dimensions of life so that they can be traded on the market. You do not need to be an Oxford theologian to realise that this bears a pretty close correlation to the idol of Mammon that is so powerfully named and denounced by Jesus. Essentially, capitalism takes means – money and the production of goods and wealth – and turns them into ends. Even more that, it bestows the forces that do this work (especially the market) with an almost irresistible and reverential quality, even though it is merely a human creation. We are being continually told that, whether we like it or not, the market is something that must be obeyed. This is a good definition of idolatry.”
https://www.mannagum.org.au/manna_matters/may-2018/understanding_the_times
“Economics in The Bible”
https://www.mannagum.org.au/faith_and_economy/economics-bible