A sordid "combination of astronomical government spending and money creation plus tightly regulated human interaction has resulted in too many dollars chasing too few goods," as Wall Street Journal assistant editor James Freeman pointed out. But this apparently didn’t matter to TIME, as it whined about how the supply chain was broken in part because "of the sheer volume of stuff that Americans are buying, especially online."
Even more disgusting was an insult TIME chose to include from Beacon Economics International Trade Advisor Jock O’Connell who reportedly said: "'Americans have become singularly impatient consumers, unlike their peers in much of the rest of the world.'" The paragraph below illustrates how determined TIME was to insulate Biden and point the finger at the citizens he represents:Usually consumer spending is good for the economy, but the bottlenecks created by America’s huge appetite are becoming a problem for economic growth. The U.S. economy grew at a rate of just 2% from July to September, the Commerce Department said last week, down significantly from the 6.7% it grew the quarter before, largely because of supply chain bottlenecks that have made it harder for consumers to buy all the things they want, [emphasis added].But TIME isn’t alone in trying to blame Americans for the economic disasters Biden and company are inflicting. Just recently, Axios tried to blame "unruly customers" as being responsible for the labor shortages in the U.S. Its absurd argument was that "increasingly violent and combative customers," angry about "long wait times and mask mandates," were causing workers to quit, hamstringing a recovery that hinges in part on employees "returning to work." Read more at: NewsBusters.org
Retailers to raise prices for thousands of food products in 2022
By Arsenio Toledo // Share
Samsung announces plans to build new $17 billion chip factory in Texas
By Cassie B. // Share
Media refers to Black extremist’s deadly ramming rampage in Waukesha as a ‘parade crash,’ ‘accident’
By News Editors // Share
Fully vaccinated Canadian senator dies of “covid”
By Ethan Huff // Share
FTC’s junk fee ban: A step toward transparency or regulatory overreach?
By willowt // Share
Congress passes slimmed-down funding bill – a VICTORY for Trump and Musk
By bellecarter // Share
U.S. airstrike on Syria kills ISIS leader Abu Yusif
By arseniotoledo // Share
U.S. has more than doubled troops in Syria, hides expansion for years
By bellecarter // Share