Tag: Economy
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Inflation starting to look a little sticky
I’m starting to lean towards the notion that this will not be a transitory inflationary period. If a federal $15 minimum wage comes to pass combined with further climate change regulations there is nowhere for costs to go except up. “In an environment where inflation continues to rise quarter after quarter after quarter, there are…
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Supermarkets stock up to protect profits from inflation
Nah, inflation isn’t happening. After all Sleepy Joe told us our 4th of July cookout cost us $0.16 less than last year. Sure, he ignored the 8% increase in cost over 2 years ago because it was inconvenient. The nation’s supermarkets also must not be living in reality. They are stocking up at current prices…
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President Biden misleads public on cost of 2021 4th of July cookout
The Whitehouse’s tweet says a cookout in 2021 costs $0.16 less than in 2020. Trying to tamp down inflation fears by saying prices are not rising. If you look at the source of the information used in their misleading video they say the price of that cookout is 8% higher than 2019. Farm Bureau analysis…
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Technology rapidly replacing restaurant staff
Just say no to hiring. Competing against the federal government in hourly pay is a no win situation. Private business can’t compete against an entity that doesn’t have to turn a profit and has the ability to print money at will. High end restaurants might still need a wait staff but places like Cracker Barrel,…
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U.S. digital dollar is coming
If you’ve been paying attention you could see this coming down Main Street for the last 10 years. This video from the Wall Street Journal, to me, shows that we are rapidly heading down the path of digital money. The implementation of this will be something to watch. No longer will we be able to…
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Companies don’t want remote employees from Colorado
The air might be a little too thin in Colorado. It’s affecting their ability to think clearly. You have to love unintended consequences of stupid laws. Colorado passed a law in an effort to narrow gender wage gaps. They succeeded in spectacular fashion. There is no wage gap if no one is being hired. Big…