I do not expect White House Spokesperson Jennifer Psaki to understand how her bosses policies are driving massive price increases; nor do I expect Psaki to understand economics and inflationary impacts. However, the scale of her false statements surrounding inflation are not just false, they are now dangerous.
Following the release of the consumer price index [SEE table 2], in her press briefing today, Jen Psaki outlined the White House perspective on inflation, and specifically the Fed claims surrounding “transitory inflation.”
In her statements today, Psaki referenced people comparing the prices of 2021 consumable goods to 2020 and 2019. [Video prompted below] Within the statements, the scale of falsity is off the charts. WATCH [Video at 19:00 to 22:42, prompted]
There is not one single thing about that three minute verbal exchange that is accurate. Fast turn consumable goods, groceries etc., did not drop in 2020 during the first year of the pandemic. Factually, all goods but especially consumable goods increased in price throughout the pandemic, because demand actually increased and the supply chains were unable to keep up.
Example. A loaf of bread at $2.50 in 2019, climbed to $3.00 in 2020. That price jumped again to $3.75 this year (2021) and will likely continue rising as monetary policy driven inflation continues devaluing our currency.
Even if, as Psaki claims, inflation slows down (not likely) – “decelerating inflation” does not mean declining prices; it means a slower rate of price increase. Stuff still costs more, it just costs more at a slower rate. Consumable goods will cost more in 2022 than they do this year. The 2022 loaf of bread likely to climb to $4.00; it will never return to the 2019 price of $2.50 because the dollar is worth less.
♦ Ask the White House: Why did Joe Biden increase food assistance benefits by 25% if inflation was transitory?
[The Consumer Price Index was released today. The producer price index for Sept will be released tomorrow]
This massive inflation is a direct result of the multinational agenda of the Biden administration in combination with the spending spree. Inflation is a feature not a flaw, and it has nothing whatsoever to do with COVID. The first group to admit what was obvious were banks, specifically Bank of America, because the monetary policy is the primary cause.
You might remember, when President Trump initiated tariffs against China (steel, aluminum and more), Southeast Asia (product specific), Europe (steel, aluminum and direct products), Canada (steel, aluminum, lumber and dairy specifics), the financial pundits screamed at the top of their lungs that consumer prices were going to skyrocket. They didn’t. CTH knew they wouldn’t because essentially those trading partners responded in the exact same way the U.S. did decades ago when the import/export dynamic was reversed.
Trump’s massive, and in some instances targeted, import tariffs against China, SE Asia, Canada and the EU not only did not increase prices, the prices of the goods in the U.S. actually dropped. Trump’s policies led the largest deflation in consumer prices in decades. At the same time, Trump’s domestic economic policies drove employment and wages higher than any time in the past forty years.
With Donald Trump’s policies, we were in an era where job growth was strong, wages were rising and consumer prices were falling. The net result was more disposable income for the middle class, more demand for stuff, and ultimately that’s why the U.S. economy was so strong.
♦Going Deep – To retain their position, China and the EU responded to U.S. tariffs by devaluing their currency as an offset to higher prices. It started with China, because their economy is so dependent on exports to the U.S.
China first started subsidizing the targeted sectors hit by tariffs. However, as the Chinese economy was under pressure, they stopped purchasing industrial products from the EU, that slowed the EU economy and made the impact of U.S. tariffs, later targeted in the EU direction, more impactful.
When China (total communist control over their banking system) devalued their currency to avoid Tariff price increase, it had an unusual effect. The cost of all Chinese imports dropped, not just on the tariff goods.
Imported stuff from China dropped in price at the same time the U.S. dollar was strong. This meant it took less dollars to import the same amount of Chinese goods; and those goods were at a lower price. As a result, we were importing deflation…. the exact opposite of what the financial pundits claimed would happen.
In response to a lessening of overall economic activity, the EU then followed the same approach as China. The EU was already facing pressure from the exit of the U.K. from the EU system; so, when the EU central banks started pumping money into their economy and offsetting with subsidies, they essentially devalued the euro. The outcome for U.S.-EU importers was the same as the outcome for U.S.-China importers. We began importing deflation from the EU side.
In the middle of this, there was a downside for U.S. exporters. With China and the EU devaluing their currency, the value of the dollar increased. This made purchases from the U.S. more expensive. U.S. companies who relied on exports (lots of agricultural industries and raw materials) took a hit from higher export prices. However, and this part is really interesting, it only made those companies more dependent on domestic sales for income. With less being exported, there was more product available in the U.S for domestic purchase…. this dynamic led to another predictable outcome, even lower prices for U.S. consumers.
From 2017 through early 2020, U.S. consumer prices were dropping. We were in a rare place where actual deflation was happening. Combine lower prices with higher wages, and you can easily see the strength within the U.S. economy.
For the rest of the world this seemed unfair, and indeed they cried foul – especially Canada. However, this was America First in action. Middle-class Americans were benefiting from a Trump reversal of 40 years of economic policies like those that created the rust belt.
Industries were investing in the U.S., and that provided leverage for Trump’s trade policies to have stronger influence. If you wanted access to this expanding market, those foreign companies needed to put their investment money into the U.S. and create even more U.S. jobs. This was an expanding economic spiral where Trump was creating more and more economic pies. Every sector of the U.S. economy was benefiting more, but the blue-collar working class was gaining the most benefit of all.
♦ REVERSE THIS… and you now understand where we are with inflation.
The JoeBama economic policies are exactly the reverse. The monetary policy that pumps money into into the U.S. economy, via COVID bailouts and ever-increasing federal spending, drops the value of the dollar and makes the dependency state worse.
With the FED pumping money into the U.S. system, the dollar value plummets. Now the value of the Chinese and EU currency increases. This means it costs more to import products, and that is the primary driver of price increases in consumer goods.
Simultaneously, a lower dollar value means cheaper exports for the massive multinational conglomerates who now control our farms and farming resources (Big AG and raw materials). China, SE Asia and even the EU purchase U.S. food and raw material at a lower price. That means less food and raw material in the U.S. which drives up prices for U.S. consumers.
It is a perfect storm. Higher costs for imported goods (durable goods) and higher costs for domestic consumable goods (food). Combine this dynamic with massive increases in energy costs from ideological Green New Deal policy, and that’s fuel on a fire of inflation.
Annualized inflation is now around 8 percent, and it will likely keep increasing in the short term. This is terrible for wage earners in the U.S. who are now seeing no wage growth and higher prices. Real wages are decreasing by the fastest rate in decades. We are now in a downward spiral where your paycheck buys less. As a result, consumer middle-class spending contracts. Eventually, this means household purchasing of durable goods drop because people have less disposable income.
Gasoline costs more (+50%), food costs more (+10% at a minimum) and as a result, real wages drop; disposable income is lost. Ultimately this is the cause of Stagflation. A stagnant economy and inflation. None of this is caused by COVID-19. All of this is caused by economic policy and monetary policy sold under the guise of COVID-19.
This inflationary period will not stall out until the U.S. economy can recover from the massive amount of federal spending.
If the spending continues, the Fed keeps printing money. The dollar continues to be weakened. As a result the inflationary period continues. It is a spiral that can only be stopped if the policies are reversed…. and the only way to stop these insane policies is to get rid of the Wall Street democrats and republicans who are constructing them.
Tucker Carlson hit this point very well last night:
“Let’s Keep On Digging The Hole!” -Biden/Harris 2024
Well, if you demand that pigs and chickens need more space, the price of meat is going to go up.
So after Jen talks about inflation being under control, a reporter asks about the $15 minimum wage and Jen says Biden is working on it! Raising the minimum wage will just push prices higher.
WE’RE SHIPPING US BEEF TO CHINA!!!
We face shortages and leftist a-holes trying to sell us bugs.
And the best pork…
We eat bugs and China eats our beef. AI makes it all possible. Organization of Economic Cooperation is going full steam.
China will eat anything ,they do not have enough food to feed their people. We also ship them chicken heads and feet. I wonder if the beef comes from all the farm land they own in Texas? It should be looked into.
“The Administration is working on it” is the new “I’ll have to circle back”
Employers are already paying $15 plus just to find labor. Of course, that increase in costs gets passed along in the price of goods.
The fact is real wages have crashed.
It’s a feature, not a flaw. Globalists are running the country. There will be two classes, the Uber rich and the poor on government assistance and they (we) will be their subjects. There will be crisis after crisis where we are mandated what to do in order to get our pittance.
The reverse of 1776 and the epitome of 1984. There will be no freedom nor liberty. Sundance’s visual of the peon community below the elitist city will be a reality.
Likely another depression where the rich get richer and the poor bows to the rich and is dependent on a dysfunctional globalized government. That is what the elite globalists desire and are working towards.
I “demanded” none of that straw man and following polemic.
Maybe the WH could roll out Biden’s economic advisor so we could get a really good laugh, followed by a really good cry.
Build that 2008 Hole Back Better!!
I think Biden’s economic advisor is Xi Jinping. Joe also wants a communist to regulate our banks.
https://www.foxnews.com/politics/bidens-pick-regulate-national-banks-lenin-award-praised-ussr-gender-equality
damnit…we’re not in a fun competitive election cycle…this stuff hurts Americans right now, today! some ‘figment of your imagination’ presidential election in 2o24 won’t have any effect until the end of January 2025…if there even is a stinkin’ vote? Red, Blue, Red…remember the fairie god-mothers in Sleeping Beauty…this political prattle has just as much meaning.
Americans are being seriously hurt by this incompetence, or probably more apt…this intentional permanent damage being done to our former way of life. We are involved in a life or death battle for our CONSTITUTIONAL REPUBLIC! As it sits…we are going to lose; this nation will be something far different in November 2024…and the Reds and the Blues will share the blame.
Your concern is noted.
Psaking- when one talks about something they know absolutely nothing about. I recall it was a meme a few years back. The woman is a grotesque liar and an abject fool. Perfect for FJB.
She lies to reporters. Then the gullible little children retell the lies.
Not her fault that reporters tell lies.
Video can’t be trusted.
Video lies too. Just ask the reporters, they will confirm it.
God what a wonderful apt word you just invented.
Lying through your teeth = Psaking
spoken as “PISSaking.
a foul human liquid ejected from the mouth that almost sounds intelligible.
She says a whole buncha nothing.
it was in her resume.
the interview:
Q: where do you see yourself in five years?
A: I plan on recreating reality and fomenting complete and utter nonsense!
(and just like that, she was hired on the spot)
FJB!
lets go brandon!
Team Bidan are deliberately crashing the USA and the free world.
It’s so obvious even the Democrat base are seeing it.
Many of that base are discovering there is no actual place for them in the globalist-communist world.
Everyone I know that “voted” for FJB either regrets it or is ambivalent or goes strangely quiet when I ask what they thing of the dessicated husk now.
I cant talk anymore to people I know who “voted” for FJB.
I have severed all relationships with known democrat “friends.” I view them as the enemy within.
My sister won’t even talk to me now and I don’t bring up politics anymore.
How do you deal with adult children who are all Dems? It breaks my heart.
I’m with you. It’s like their from another planet.
“strangely quiet,” indeed. The people who could not stop talking politics during PDT’s first term now shrug and show no interest.
.
Then you talk to them.
Tell them:
This can only end if people like you stand up and say, ‘I’ve had enough of this crap, and I am not going to take it any more!’
Explain that Trump voters have spoken — and yelled and cursed until we are blue in the face. Unless their kind joins in on that chorus, the downhill slide is going to accelerate . . .
Liberal: Drinks coconut water. Complains about deforestation to grow coconuts.
Which of course is one of Trumps goals.
That’s why Joe wants a commie (Saule Omarova) to regulate our banking system. She wants to nationalize retail banking.
USSR born and raised. JoBama wants her to be “Treasury Department Comptroller of Currency”.
Smells like Buraq to me.
https://nypost.com/2021/09/30/bidens-pick-for-treasury-post-sought-end-to-banking-as-we-know-it/
Psaki is just another evil airhead.
Having private bankers print our national currency is what has gotten us into this mess. Private bankers have had the power to create money out of thin air for hundreds of years in Europe and over 100 years here (ever since the treasonous Federal Reserve Act). These private bankers are the ones behind the Great Reset/4th Industrial Revolution, which is a totalitarian take over of the entire world, where all aspects of life will be controlled by technology and we will have no freedom.
Most likely when she talks about “end of banking as we know it” she means the digital currency they are setting up, which is not like a real currency. As Catherine Austin Fitts’ says, its like having an account at the company store. They will give you an allotted amount of money, but you are a bad slave and speak out or don’t get your injection they will take your money away.
More on the private bankers who own the Federal Reserve and took over America here:
Bill Still’s The Money Masters
James Madison-History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.
Thomas Jefferson – I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Congressman Louis McFadden, chairman, House Banking and currency Committee, June 10, 1932 Some people think the Federal Reserve Banks are U.S. government institutions. They are not … they are private credit monopolies which prey upon the people of the U.S. for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.
Sir Josiah Stamp, director of the Bank of England speaking at the University of Texas in 1927 – The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin …. Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again …. Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in …. But, if you want to continue to he the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.
More information here:
https://thirdworldtraveler.com/Federal_Reserve/Federal_Reserve_page.html
See books: Ellen Brown’s Web of Debt, G Edward Griffin’s The Creature from Jekyll Island, They Own It All (Including You) – By Means of Toxic Currency
See documentaries: Money As Debt, James Corbett’s Century of Enslavement- The History of the Federal Reserve, Mike Rivero’s All Wars Are Bankers Wars
THEY want to go digital. Forget the banks. Everything is MONITORED digital so they can track every dollar in/out and take THEIR share. It’s about the $$$.
The great reset/ The new world order/ Build back better.
Now A US Govt Official Is Telling Us That Supply Chain Nightmares Could Potentially Last For “Years”
My local grocery stores, have been pretty stocked up, but today, I notice quite a few empty spots all over.
My guess, people are watching the news and everyone is stocking up.
I bought a $60 solar cell phone charger yesterday.
Yep. I bought 2 last summer.
I want one, I just don’t know which brand to buy.
I bought 4Patriots brand. They had a sale for a 2 pack Patriot Power Cell for $65.00.
Here’s the link to their video on it. I haven’t had a chance to use it so I can’t give a first hand recommendation. This company is family owned, patriots in Nashville, TN. They make other items also.
That’s a fact.
Everything that is happening is intentional.
Yes it is.
Because they lied, they must subsequently lie from then on. The truth would destroy the original lie as well as all subsequent lies. The key for them is to get the People to believe all their lies are truths which is not all that difficult in regard to “Useful Idiots”.
Communist style economics.
President Trump: Miss me yet?
Like a lost lover…
Every minute of every day. The Legitimate President’s first term was halcyon days, we just didn’t realize it.
Psaki goes out and makes up whatever she can because she knows no one in a position of power or influence will ever hold her to account.
Creating money out of thin air and sending it to people to discourage work. No such thing as a free lunch.
She reminds me of Baghdad Bob.
Remember when she said : “It’s irresponsible to say that there are Americans stranded in Afghanistan”.
https://nypost.com/2021/08/23/psaki-irresponsible-to-say-americans-stranded-in-afghanistan/
Psuki seems to be much more animated as the lies get enormous and the explanations far-fetched; as if she gets on a Hunter meth-high just before the performance. She truly has become a leader in this “Death To America” Obama Cult!
They couldn’t have picked a better representative for people to hate.
Inflation is a tax on the poor and middle class.
It’s a tax on the middle class to be sure…trying to force them into poverty, at which point, the gubmint will provide everything they “need” and will continually tell them that all of their problems are because of the “rich” but if they keep voting for MORE gubmint, they will GIT them rich people and make them pay!!
Lather, rinse, repeat!
It is ALWAYS about destroying the middle class, because they are the ones who actually work hard, produce, and just want to be left alone to run their businesses and raise their families…the ruling class have enough that they don’t have to care and the poor will continue to look to someone else to solve their problems!
Socialist force prices to go up. Then attacks businesses for price increases blaming profiteering as the cause. Government takes over businesses because businesses are evil. You end up with Venezuela and Cuba.
Bingo!! Government policies CAUSE the problems and then the uninformed demand that the government “do something” about the problems that THEIR policies caused!!
it’s not a tax on the poor…in our new-age Socialist/Bolshevik system, they are given everything except dope and liquor; hell, now they even get the sexual modifications that they desire on the middle classes ‘dime’. inflation, like all of their other benevolent policies, is aimed at the patriotic, freedom loving middle-class! we are the TARGET!
How long before people no longer trust the US dollar and it collapses causing hyperinflation?
More than fifty years ago I learnt two important lessons: not believe much the newspapers printed and to recognize the self-interest of politicians. I have watched the wholesale abandonment of morals and principles by many politicians since.
And none of this is ever discussed by the talking heads.
Thanks, Sundance. I’ve used your essays many times to educate family, friends.
None ever had any idea of the details or background for the policies they are 100% in favor / against. Only a superficial understanding, if any.
Esp’ly your essay on NAFTA / USMCA. Made it very easy to explain why NAFTA was awful and how USMCA corrected many of the flaws.
Notice USMCA is never even discussed anymore? BC it worked, like much of PDJT’s ideas.
5.5% COLA increase for Social Security, the largest increase in decades, ain’t for “transitory inflation.”
First saw her Lying for Hillary at the State Department during and after Benghazi. When she showed up at the Biden White House along with the other senior OBama Staff members, We all knew Americas Constitution and laws were at risk.
Little Red Lying Hood has zero morality. I can’t even imagine what she is like at home!
She is arrogant and believes she is smarter than everyone else.
For whom does the bell toll?
There’s some evil kind of sexy in Jen Psaki.
Yeah, she’s ugly. Yeah, she’s evil.
But something about her moves me.
Maybe it’s the unabashed lies she tells, without worrying about being called on them.
Maybe it’s the confidence she exudes while spitting in my face.
Maybe it’s the smile she flashes when she defends yet another fascist position.
IDK, call me crazy, but I find her attractive in a purely psychotic way.
&f=1&nofb=1
Redhead. Works its wiles on many men.
But it’s like crazy – good that night, not so much after a bit.
The carpet and drapes match the mind……Red, like a commie
barf.
“barf”
Glad you brought her up.
I feel similar towards Marie Harf.
Crazy, evil chick.
But something about her turns me on.
Why are you bothering us with your perverse fetishes?
That’s some kind of sick you got goin on there. No offense but getting turned on over these two women? Really? If either one of these two were my daughters…all I’d want to do is smack the shit off their arrogant condescending faces and then disown them.
Hey, I’m just being real.
I don’t agree with them, or their lying.
I just find their brand of evil kind of hot.
So sue me.
There is a very vulgar term I could use that equates my feeling about Psaki and Harf, but I’m sure I would get a “bad boy” ban if I used it.
So I chose different words to express a similar sentiment.
I certainly don’t agree with those women. They are evil.
If she were the last woman on earth and I was the last man- I’d use her for alligator bait.
Something in the way she moves attracts Ackman like no other lover …
From the movie “Moonstruck”:
Loretta Castorini (played by Cher) slapped Ronny Cammareri (played by Nicolas Cage), saying “Snap out of it!” after he proclaims he is in love with her.
Commie women are the number one cause of E.D.!
Baghdad Psaki.
She is a serial liar and she does it with a straight face. I cannot stomach watching or listening to someone so evil.
she thinks she is protected by the circle of people who currently surround her. In fact, she is alone. As Stalin proved everytime he photoshopped a picture (without photoshop! and his people did a great job.)
she will find out one day, even if it the Day of Judgement, I can live with that.
The problem is the intelligence agencies/Dems/RINOs are simply going to run the same playbook that they ran in 2020. None of the cheating has been corrected. None of it. They will simply continue to steal elections.
The sooner we realize this, the sooner we will arm ourselves and separate from these people by force.
There seems to be no solution except for division. There is no way we can continue to live with the large swath of the population that is unable or unwilling to educate themselves on the issues and vote in their own interests — and ours. And they are dragging us down with them…to the point that we will not be able to get out of it…
If they were still interested now, asking “Where did I/we go wrong? Why didn’t I see this? How can I educate myself and my family so this doesn’t keep happening?” we might have a chance. But this segment of the population has shown that they WILL vote on sensationalized “dirty tricks,” against people they are told to hate, even as they are doing well under their policies.
We can’t allow ourselves to lose everything because of these people who will not learn and will not change — who do not even see a reason to change– and on top of that, who continue to try to intimidate US as the ones causing the problems.
FJB is great. But if they were seeing the light, they would all be chanting “Bring back Trump!” or “Trump won!” Once again, it is merely thriving on hate rather than realizing what is needed to save the country.
Only a fool would be a spokesperson for an “administration” that Cheated its way into office.
From her convoluted mind, it is the necessary cheating which saves the World.
They bought into the saying: if you tell a lie often enough and long enough, and it’s a massive enough lie, people will accept it as truth.
They may have convinced themselves, but the numbers of people who know what the truth is more than they can even realize.
She means it will stop when food prices are increased by 25% of what they were.
She’s not allowed to say it though.
Seems about right. Equity or something.
So food stamps are up 25% and the rest of us just pay the difference, eh?
Incorrect.
In addition to paying the difference, we get to pay for the food stamps as well.
You got the gist of it.
EBT subsidizes food producers and the markets that sell the food.
Lets “re-imagine” the cost of food stuff staples when you take the EBT subsidies out of the equation.
It’s kind of like the rising cost of college tuitions.
The govt underwrites and subsidizes the costs, so the costs continue to rise.
EBT= “Eatin Better Tonight”…
It’s what happen when you run an economy by printing money on a Zerox because you have the world’s reserve currency and you can….. massive money supply gets fixed with big interest rates.
Govt likes inflation, it reduces the value of debt to be repaid.
It’s not “Build Back Better” it’s Dig Down Deeper”!
I would say I’m amazed at the absolute disconnect with this poor excuse of a human being, but I would be lying.
She obviously failed at Economics 101. And probably doesn’t live on a budget like most of us.
So. Let them eat cake Psaki really doesn’t care.
If you assume everything Jen Psaki is a lie you will be very close to 100% accurate. She only talks to change the perception of truth. It is a shame that spewing propaganda is legal or she would be sharing a cell with Hillary.
It truly does seem that so much is demonically inspired now.
Thank you for an incredibly understandable explanation of Trumpian economic policy versus Bidenomics!
Social Security recipients get a 5.9% COLA increase next year, the biggest one since 1983, although 2009 was close at 5.8%.
Yep, the inflation is just temporary…
All of which will likely be taken by increases in Medicare.
And SS financial viability will shorten. They are creating a financial Armageddon.
I’d rather get kicked in the taters than listen to Artificial Red. Rough waters ahead, friends.
.
Thank you.
.
Woo Hoo!! This is VERY encouraging news!! Wish Alaska Airlines, my favorite carrier here in the Seattle area, would jump on board but I suspect they tend to only hire those who are politically correct so I am not holding my breath!!
Alaska and American have a corporate partnership, and announced their shot mandates on the same day.
I suspect Alaska, being the smaller operator, is the junior partner in this arrangement and it is not unlikely American has a non-declared holding interest in it.
So I would not anticipate Alaska backing down unless American ever does. That is unfortunate, because Alaska was a much better carrier than American.
Kraft Heinz CEO Warns Shoppers: ‘Get Used to Paying More for Food’ Over Inflation
The CEO of Kraft Heinz, Miguel Patricio, warned that around the world and in the United States, people will have to get used to higher food prices due to “across the board” inflation.
“We are raising prices, where necessary, around the world,” he told the BBC,adding that his firm has increased prices on more than half its products in the United States, Kraft Heinze’s home market, in recent days.
The firm—famous for making tomato ketchup, baked beans, and macaroni and cheese—is dealing with a rapid increase in agricultural costs, including oils and cereals. The surge has pushed the global food price index to a decade high, according to September data released by the United Nations.
“Specifically in the UK, with the lack of truck drivers,” Patricio said, explaining why there is a surge in food price increases. “In [the] U.S., logistic costs also increased substantially, and there’s a shortage of labor in certain areas of the economy.”
The CEO, however, stated that not all costs should be passed on to consumers.
Great, more money into John Kerry’s pockets.
They know everyone is comparing Trump’s economy to Brandon’s economy.
Jen probably doesn’t understand economics but her job is to lie not be intelligent. Unfortunately, they are running out of dupes because even dupes buy groceries.
Haven’t we ALL had enough of Jen???
I know for SURE we have ALL had enough of Joe!!!!
…and FJB
Because she’s an evil, lying whore. But also this doesn’t affect her. It affects almost no one in DC or the surrounding suburbs as long as they took their death jabs. Their incomes and for many personal wealth are too high for this to make any difference in their lives.
What is the saying? People are nine meals from revolution? Maybe this is a good thing because the people need to wake up before we’re all Klaus Scwab serfs.
Psaki lies like a 3 year old.
With the attitude of a 13 year old.
She should have eggs thrown at her
Seriously.
And a shoe or two!
I can’t listen to her, she is so weird. Does she wear a wig? Is she actually a marionette? I don’ t know but she just strikes me as being all off in some way.
It sickens me every time I think about how good things were going under President Trump and how quickly these commies evaporated it and sent us spiraling down in no time. When President Trump was in office, it was the first time in my life that I never once worried about what our President would do. I trusted him so much and knew we were in good hands. It was comforting knowing he was our President.
With the current anti-American installed occupants, I dread what their evil selves will do from day to day. It gets me down sometimes but I will never allow them to defeat me or keep me from persevering. I believe because the foundation of this administration is built on lies, it will crumble. I just keep praying for it to happen soon.
Me, too, kf. I don’t think I’ve ever gone from being so encouraged, enthusiastic and uplifted about our great USA and President Trump….to the exact opposite….in such a short time. I think often how this must affect Trump….all he accomplished for us because HE LOVES US & THIS COUNTRY….now to see it all thrown away. When I see photos of the “big, beautiful wall” lay rusting in the dessert, well, that to me is a symbol of how millions of us feel right now.
Is she going be held accountable when prices keep going up, I don’t think so
The increased cost of meat results from the small number of companies that control the market?!
Ouch! The “meat market” is controlled? By whom?
The CBOT accepts open outcry bids daily for cattle futures and pork bellies. A spot market price is generated hourly. This enables producers and buyers to discover whether it is profitable to enter a purchasing agreement now or hedge their long/short position with a futures contract.
The trading house guarantees that there is a buyer for every seller. Anyone can buy a contract. There is no impediment to entry and no one controls the bidding process
Putting your economic ignorance on display in such a prominent venue as the White House press room is an open invitation to widespread scorn.