2 thoughts on “Come on, man”

  1. Hopefully Rand Paul is enjoying his time in the barrel.

    ‘Free market’ is an oxymoron.

    Core inflation, the price of energy plus food, rose 4.3% over the past 12 months.
    In order to maintain a vibrant and strong middle-class, long-term inflation must run between a 4 and 5% per year.
    It hasn’t over the past 40 years. It’s been too damn low. Hence the destruction of the middle-class.

    The price of oil drives inflation.
    The supply of oil dictates the price of oil.
    OPEC and OPEC+ control the supply of oil and therefore its price.

    On Tuesday Biden asked OPEC and OPEC+ to increase the supply of oil in order to stabilize the price and reduce inflationary pressures.
    (Trump tried to out-produce OPEC and OPEC+ in order to make America energy independent and damn near bankrupted the oil producing countries included the US.)

    The price of oil dictates the price of gas and cucumbers.
    Increasing the buying power of the bottom 80% of Americans by raising the minimum wage to $15 an hour or passing the $3.5 trillion Human Infrastructure Bill won’t increase inflation much at all.

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