Article

2021-09-21 Economy

'Not Transitory' - US CEOs Warn Inflation Is 'Unprecedented.' And Becoming 'Structural'

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Posted by Besoeker 2021-09-21 06:48|| || Front Page|| [1 views ] Top

$21.39 a quart at a paint store last week. That would be a roughly 65% increase on the same product purchased one year ago. I see this morning, Amazon has it for $15. Could be nearly the same price with shipping costs. The stuff is pretty hefty.

Posted by Besoeker 2021-09-21 07:15|| 2021-09-21 07:15|| Front Page Top

#2 "If only ~~Joe~~ Dr. Jill knew!"

Posted by Frank G 2021-09-21 07:35|| 2021-09-21 07:35|| Front Page Top

#3 Didn't Obama say something similar, the new normal. Then Trump came in and mostly fixed the economy and Obama was all trying to take credit for it.

With trillion dollar budgets I suspect inflation may actually become the new normal before long.

Posted by ruprecht 2021-09-21 12:07|| 2021-09-21 12:07|| Front Page Top

#4 When my paycheck rises the same rate as inflation has this year, then it will be 'structural'.

Until then you all can go fuck yourselves.

Posted by DarthVader 2021-09-21 12:39|| 2021-09-21 12:39|| Front Page Top

#5 Growing inflation, supply issues, labor shortages...How's the unemployment situation, Jen/Jill/Joe?

Posted by Bobby 2021-09-21 12:56|| 2021-09-21 12:56|| Front Page Top

#6 Didn't Obama say something similar, the new normal.

The 'new normal' is trying to take the abnormal and make it 'normal'.

Posted by Raj 2021-09-21 13:07|| 2021-09-21 13:07|| Front Page Top

#7 Who knew that printing trillions of dollars and wild spending caused inflation? Joe badly needs some real economists to point out what every econ student knows after about a month of Econ 101.

Posted by Tom 2021-09-21 13:44|| 2021-09-21 13:44|| Front Page Top

#8 New Normal is pretty language to persuade you the past never happened.

Posted by swksvolFF 2021-09-21 13:46|| 2021-09-21 13:46|| Front Page Top

#9 Maybe Joe will make AOC the 'economic czar' since she's an expert right?

Posted by CrazyFool 2021-09-21 15:43|| 2021-09-21 15:43|| Front Page Top

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