The Economy

Ross Douthat will stop by next hour to explain why this is BAD FOR BIDEN

 

True unemployment rate! Man ... hadn't heard that one since 2016!

 

From the report, this is the part that's interesting to me:

In my neck of the woods (well, actually orchards and hop fields), the amount of H-2A workers keeps increasing each year because there aren't enough domestic workers to take the ag jobs.

 

2-liter diet soda now $4 at Publix.

Just another 14.3% price hike in this 3% inflation universe.

I may never buy anything other than Diet Dr Thunder ($1.42) again.

 

I have no idea what a gallon of milk costs, but I never spend more than $3 for a two-liter of Diet Coke - gas prices are down sharply despite Middle East turmoil, I have noticed price increases on products (that I no longer purchase) - and I've always thought the employment totals were "inflated" by people with second jobs, I've known a few people working more than full-time - hell, I've been working a ton of OT - mostly because its available and the money is good.
There is ample evidence that companies are padding their bottom lines with price hikes well beyond inflation costs.
Do I wish I were further ahead? Sure. But there is work out there. We avoided the recession we were supposed to be in by now - that's all I know.

 

So far.

 

Publix is an IGA with a shoeshine.
It's perfect one or two things you might need, but don't buy your weekly groceries there.

 

I only buy marrow bones for dogs there.

 

Peter Schiff, notorious gold bug and podcast host.