[ ]   [ ]   [ ]                        [ ]      [ ]   [ ]

February 2023 Photo Theme - Odd Perspectives - fractalv - Feb 3, 2023 - 11:22am
 
Out the window - DaveInSaoMiguel - Feb 3, 2023 - 11:14am
 
Bug Reports & Feature Requests - jarro - Feb 3, 2023 - 10:49am
 
Name My Band - GeneP59 - Feb 3, 2023 - 10:47am
 
Today in History - GeneP59 - Feb 3, 2023 - 10:45am
 
Radio Paradise Comments - GeneP59 - Feb 3, 2023 - 10:34am
 
Annoying stuff. not things that piss you off, just annoyi... - Proclivities - Feb 3, 2023 - 10:16am
 
Wordle - daily game - islander - Feb 3, 2023 - 10:04am
 
Omitted from Rock and Roll Hall of Fame - Peyote - Feb 3, 2023 - 9:57am
 
Eclectic Sound-Drops - Peyote - Feb 3, 2023 - 9:54am
 
I want an iPhone!!! - Steely_D - Feb 3, 2023 - 9:49am
 
It's the economy stupid. - Red_Dragon - Feb 3, 2023 - 8:29am
 
TV shows you watch - sunybuny - Feb 3, 2023 - 7:32am
 
American History - rgio - Feb 3, 2023 - 6:12am
 
Outstanding Covers - miamizsun - Feb 3, 2023 - 3:54am
 
Ukraine - R_P - Feb 2, 2023 - 11:08pm
 
China - kurtster - Feb 2, 2023 - 10:13pm
 
Things You Thought Today - GeneP59 - Feb 2, 2023 - 8:19pm
 
Audio Settings - NHemp - Feb 2, 2023 - 6:36pm
 
Evolution! - R_P - Feb 2, 2023 - 5:29pm
 
Guns - westslope - Feb 2, 2023 - 3:42pm
 
Canada - westslope - Feb 2, 2023 - 3:19pm
 
Talk Behind Their Backs Forum - VV - Feb 2, 2023 - 2:51pm
 
COVID-19 - R_P - Feb 2, 2023 - 2:26pm
 
RightWingNutZ - Isabeau - Feb 2, 2023 - 1:18pm
 
More reggae, less Marley please - NoEnzLefttoSplit - Feb 2, 2023 - 10:30am
 
Podcast recommendations??? - marko86 - Feb 2, 2023 - 8:51am
 
Let's build a city - Red_Dragon - Feb 2, 2023 - 8:46am
 
How to Sync to Current Feed? - otto802 - Feb 2, 2023 - 8:13am
 
Upcoming concerts or shows you can't wait to see - Antigone - Feb 2, 2023 - 7:13am
 
Nuclear power - saviour or scourge? - Steve - Feb 2, 2023 - 6:40am
 
Work - sunybuny - Feb 2, 2023 - 5:53am
 
Race in America - R_P - Feb 1, 2023 - 8:42pm
 
NASA & other news from space - Steely_D - Feb 1, 2023 - 8:03pm
 
YouTube: Music-Videos - Steely_D - Feb 1, 2023 - 7:50pm
 
Derplahoma! - ScottFromWyoming - Feb 1, 2023 - 7:30pm
 
RP App for Android - nickferrante10 - Feb 1, 2023 - 11:11am
 
USA! USA! USA! - R_P - Feb 1, 2023 - 10:56am
 
The end of the world - miamizsun - Feb 1, 2023 - 7:17am
 
Live Music - Steve - Feb 1, 2023 - 6:17am
 
January 2023 Photo Theme - Friends - Coaxial - Feb 1, 2023 - 5:30am
 
The Abortion Wars - Red_Dragon - Jan 31, 2023 - 7:19pm
 
Love is... - Coaxial - Jan 31, 2023 - 6:36pm
 
Lyrics that are stuck in your head today... - oldviolin - Jan 31, 2023 - 6:23pm
 
Revelation,Armageddon, the end of the world (we can stop ... - oldviolin - Jan 31, 2023 - 6:16pm
 
• • • Things Magicians Exclaim • • •  - oldviolin - Jan 31, 2023 - 5:37pm
 
What Makes You Cry :) ? - oldviolin - Jan 31, 2023 - 4:33pm
 
What the hell OV? - oldviolin - Jan 31, 2023 - 3:39pm
 
Photography Forum - Your Own Photos - miamizsun - Jan 31, 2023 - 2:14pm
 
Post your favorite 'You Tube' Videos Here - Manbird - Jan 31, 2023 - 1:53pm
 
Germany - R_P - Jan 31, 2023 - 1:33pm
 
Economix - westslope - Jan 31, 2023 - 1:28pm
 
• • • • Name My Possum • • • - Bill_J - Jan 31, 2023 - 11:51am
 
The Obituary Page - GeneP59 - Jan 31, 2023 - 9:21am
 
Surfing! - kurtster - Jan 31, 2023 - 4:17am
 
Beer - DaveInSaoMiguel - Jan 30, 2023 - 1:57pm
 
Are you ready for some football? - cc_rider - Jan 30, 2023 - 8:02am
 
Things I Saw Today... - Red_Dragon - Jan 30, 2023 - 6:52am
 
Florida - miamizsun - Jan 30, 2023 - 4:18am
 
SCOTUS - Red_Dragon - Jan 29, 2023 - 2:43pm
 
New Music - haresfur - Jan 29, 2023 - 12:34pm
 
Pretty Darn Good Bass Lines - among the best.... - miamizsun - Jan 29, 2023 - 8:28am
 
Bad Poetry - miamizsun - Jan 29, 2023 - 7:41am
 
Audials - roger.holroyd1217 - Jan 29, 2023 - 3:31am
 
The strange tale of KFAT - oldviolin - Jan 28, 2023 - 8:57pm
 
Sunrise, Sunset - islander - Jan 28, 2023 - 6:25pm
 
What Did You Do Today? - Bill_J - Jan 28, 2023 - 6:24pm
 
Strange signs, marquees, billboards, etc. - Isabeau - Jan 28, 2023 - 1:34pm
 
Music Requests - Ralf - Jan 28, 2023 - 7:39am
 
last.fm-scrobbling - hans-juergen - Jan 28, 2023 - 12:25am
 
Immigration - westslope - Jan 27, 2023 - 4:13pm
 
Mixtape Culture Club - Steely_D - Jan 27, 2023 - 3:39pm
 
Linking to "What's Playing" - fraenki - Jan 27, 2023 - 2:18pm
 
The Monks of Zagorsk - cathyetsylvain - Jan 27, 2023 - 9:16am
 
Having a Bad Day??? - GeneP59 - Jan 26, 2023 - 8:27pm
 
Index » Regional/Local » USA/Canada » It's the economy stupid. Page: 1, 2, 3, 4, 5, 6, 7  Next
Post to this Topic
Red_Dragon

Red_Dragon Avatar



Posted: Feb 3, 2023 - 8:29am

U.S. job growth powers ahead; unemployment rate at 3.4%
black321

black321 Avatar

Location: An earth without maps
Gender: Male


Posted: Nov 29, 2022 - 8:52am

 rgio wrote:

I know it's pretty easy/popular to blame Biden for inflation, but here is a direct line to the last administration on part of the very complicated answer to what has caused the dramatic increases in everything, including food.

How Tariffs and the Trade War Hurt U.S. Agriculture

With inflation continuing to skyrocket, especially for food, which reached 10.4 percent in June, it is worth examining how the ongoing U.S. trade war with China and U.S. tariff policy overall has impacted U.S. agriculture and food prices. The economic literature shows that the U.S. import tariffs and subsequent retaliatory tariffs imposed by China and other countries on U.S. agricultural exports have hurt the U.S. agricultural industry and could impact future production, further raising food prices.

Tariffs generally raise consumer prices, and while that’s true of export tariffs too, the mechanism operates a bit differently. Limitations on exports, whether through tariffs or explicit export bans, often produce an excess in goods. If firms are unable to sell their products to the world, they must sell more of them domestically. The surplus lowers prices in the short run. But when firms invest in producing food, a highly volatile commodity, they invest based on what return they think they will be likely to earn in the future. If their access to a foreign market is limited due to another country’s tariff policies, their profits will fall and they will invest less in future production, which would lead to higher prices in the long run.

In response to the U.S. imposition of tariffs by the Trump administration on Chinese imports, China responded with several waves of tariffs on U.S. exports to China, with tariff rates ranging from 2.5 percent to 25 percent. As China represents the U.S.’s largest agricultural export market, a large percentage of agricultural goods, including soybean and pork exports, faced tariffs. Other countries also retaliated against the U.S. for imposing Section 232 tariffs on steel and aluminum. Across all retaliatory tariffs, $30 billion in agricultural products were targeted, or about 22 percent of all retaliated goods.

...



Inflation is a complex...a product of multiple events. And yes, it is silly to say that Joe caused it all, within 18 months of being president. 
Other issues obviously include years of the Fed's easy $ policies, $T stimulus under both admins, the tax cut, wage (including min wage) hikes, and of course the Ukraine war. 

Red_Dragon

Red_Dragon Avatar



Posted: Nov 29, 2022 - 8:15am

inflation?
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Aug 12, 2022 - 9:06am

I know it's pretty easy/popular to blame Biden for inflation, but here is a direct line to the last administration on part of the very complicated answer to what has caused the dramatic increases in everything, including food.

How Tariffs and the Trade War Hurt U.S. Agriculture

With inflation continuing to skyrocket, especially for food, which reached 10.4 percent in June, it is worth examining how the ongoing U.S. trade war with China and U.S. tariff policy overall has impacted U.S. agriculture and food prices. The economic literature shows that the U.S. import tariffs and subsequent retaliatory tariffs imposed by China and other countries on U.S. agricultural exports have hurt the U.S. agricultural industry and could impact future production, further raising food prices.

Tariffs generally raise consumer prices, and while that’s true of export tariffs too, the mechanism operates a bit differently. Limitations on exports, whether through tariffs or explicit export bans, often produce an excess in goods. If firms are unable to sell their products to the world, they must sell more of them domestically. The surplus lowers prices in the short run. But when firms invest in producing food, a highly volatile commodity, they invest based on what return they think they will be likely to earn in the future. If their access to a foreign market is limited due to another country’s tariff policies, their profits will fall and they will invest less in future production, which would lead to higher prices in the long run.

In response to the U.S. imposition of tariffs by the Trump administration on Chinese imports, China responded with several waves of tariffs on U.S. exports to China, with tariff rates ranging from 2.5 percent to 25 percent. As China represents the U.S.’s largest agricultural export market, a large percentage of agricultural goods, including soybean and pork exports, faced tariffs. Other countries also retaliated against the U.S. for imposing Section 232 tariffs on steel and aluminum. Across all retaliatory tariffs, $30 billion in agricultural products were targeted, or about 22 percent of all retaliated goods.

...


miamizsun

miamizsun Avatar

Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Aug 8, 2022 - 6:41pm

 sunybuny wrote:
Asking for a friend.... how hypocritical is it to drive electric car, recycle like crazy, have solar power, wash on cold setting and have lots of Big Oil stocks in retirement portfolio?
 
{#Whisper}  shhh "big oil" has been investing literally billions in renewables for years (one recent example on bloomberg)
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Aug 8, 2022 - 8:19am

 sunybuny wrote:

Asking for a friend.... how hypocritical is it to drive electric car, recycle like crazy, have solar power, wash on cold setting and have lots of Big Oil stocks in retirement portfolio?


I offer this up as a "sort-of" summary of the ethical/moral positions available for your friend.   

A friend of mine was present during much of this debate at Swarthmore College in PA.  A lot of the smartest folks anywhere argued for months over it....and here's a summary.

FWIW - the returns on their portfolio (currently the 10th largest per student in the US) have enabled them to spend extravagantly on a new dining hall facility that includes the following sustainability benefits in its design.... 
  • All-electric energy using renewable sources
  • Solar panels on the roof
  • Meadow area and food gardens
  • Improved compost collection
  • Induction cooking
  • Increase in locally sourced food
  • Stormwater management and recapture
  • A geoexchange energy transfer plant in the basement that will serve the entire campus and enable the College to transition away from the use of fossil fuels

sunybuny

sunybuny Avatar

Location: The West & Best Coast of FLA
Gender: Female


Posted: Aug 8, 2022 - 7:49am

Asking for a friend.... how hypocritical is it to drive electric car, recycle like crazy, have solar power, wash on cold setting and have lots of Big Oil stocks in retirement portfolio?
Red_Dragon

Red_Dragon Avatar



Posted: Aug 8, 2022 - 7:19am

Tyson Foods beats revenue estimates as chicken prices soar
Red_Dragon

Red_Dragon Avatar



Posted: Aug 2, 2022 - 6:52pm

Big oil’s quarterly profits hit £50bn as UK braces for even higher energy bills
R_P

R_P Avatar



Posted: Jul 29, 2022 - 1:40pm

 miamizsun wrote:
i don't blame the west, especially nato and nazis

Translated by my Putin American English decoder ring.
miamizsun

miamizsun Avatar

Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Jul 29, 2022 - 12:49pm

 Red_Dragon wrote:


nah, gotta be Sleepy Joe's fault


i blame the west, especially nato and nazis


Red_Dragon

Red_Dragon Avatar



Posted: Jul 29, 2022 - 12:45pm

 miamizsun wrote:


hi alex i'll take "why people don't understand that oil is a globally traded commodity and how market disruptions, like covid, war, etc. could roil production/prices worldwide?" for $1000




nah, gotta be Sleepy Joe's fault
miamizsun

miamizsun Avatar

Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Jul 29, 2022 - 12:25pm


hi alex i'll take "why people don't understand that oil is a globally traded commodity and how market disruptions, like covid, war, etc. could roil production/prices worldwide?" for $1000



R_P

R_P Avatar



Posted: Jul 29, 2022 - 11:31am

 Red_Dragon wrote:
About the same amount as the estimated annual fossil fuel subsidies ($20b) provided by the gov to the industry.
black321

black321 Avatar

Location: An earth without maps
Gender: Male


Posted: Jul 29, 2022 - 11:20am

 rgio wrote:

So the free market, zero-regulation Republicans want to blame Joe for the price of gas?   

Sure, those numbers are global, but inflation and recession are a lot more complicated than just pointing fingers. 



but politics are simple.
Red_Dragon

Red_Dragon Avatar



Posted: Jul 29, 2022 - 11:12am

 rgio wrote:

So the free market, zero-regulation Republicans want to blame Joe for the price of gas?   

Sure, those numbers are global, but inflation and recession are a lot more complicated than just pointing fingers. 



Also, the price of oil drives the price of damned near everything.

Steely_D

Steely_D Avatar

Location: Biscayne Bay
Gender: Male


Posted: Jul 29, 2022 - 11:09am

 Red_Dragon wrote:

Curse you, capitalism! 
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Jul 29, 2022 - 10:48am

 Red_Dragon wrote:
So the free market, zero-regulation Republicans want to blame Joe for the price of gas?   

Sure, those numbers are global, but inflation and recession are a lot more complicated than just pointing fingers. 

Red_Dragon

Red_Dragon Avatar



Posted: Jul 29, 2022 - 10:05am

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn
Red_Dragon

Red_Dragon Avatar



Posted: Jul 29, 2022 - 6:09am

gotta be Joe's fault...
Page: 1, 2, 3, 4, 5, 6, 7  Next