[jlisenbe]

The producer price index for final demand increased at a 7.8% pace for the 12 months ended July, according to the Labor Department. The July print was faster than the 7.3% pace recorded in June and ahead of the 7.3% rate that analysts surveyed by Refinitiv were expecting. The reading was the strongest since recordkeeping began in November 2010.

Producer prices rose 1% in July, matching the increase from June. Analysts were anticipating prices would grow at a 0.6% pace.

https://www.foxbusiness.com/markets/...ndex-july-2021

[tomder55]

Didn't you hear ;it is temporary? When lock downs happen demand may not decrease ;but the ability to purchase will decrease and the economy will pivots back to recession.

[paraclete]

recession? haven't you heard? there is a pandemic, not an excuse for business as usual

[tomder55]

omg you really drank the kool aid . All over the world Paris ,Rome ,Spain , Sydney , people are fed up and are resisting the absurd government power grabs of the endless crisis . You are afraid to go outside . Fine . But you want the rest of the planet locked down too. .

The reaction of the spring of last year was understandable because no one knew about the virus . Now people are being vaccinated ,cheap therapeutics are available that the government health officials for some odd reason are silent about . There is no excuse for the government excesses .

Forget the panic pandemic . More harm will come to people having to pay wheel barrels of cash to buy staples than any virus can cause . More harm is happening to people who are going to grocery stores and seeing empty shelves because of the supply chain disruption .

[jlisenbe]

Exactly correct. Clete is retired and lives on a nice income. He's not worried about work or taking the kids to school. Staying home is fine with him.

[paraclete]

Yes I stay home and deal with my pain while you yapp, it like the yapping of a little dog

[tomder55]

Quid is having a 1970s flashback . Embarrassing troop withdrawals and run-away inflation .

[paraclete]

That's what you get for spending money you plucked out of thin air

[tomder55]

This isn't me or a right wing site ..... this is CNN questioning Quid's competence .

Crisis of competence facing Joe Biden - CNNPolitics

[jlisenbe]

Unbelievable opening to that article. CNN is still the network of TDS.

"At the heart of Joe Biden's 2020 presidential campaign was a single word: competence. After four years of Donald Trump's incompetence in, well, everything, the Biden argument was that the country badly needed a steady hand on the tiller -- someone who had been there and done that. Someone who didn't need training to do the job. Someone who was exactly the opposite of the guy currently in office."

[paraclete]

Yes he was the opposite in all respects but one, advanced age. You may not have noticed but you don't function as well as you used to

[tomder55]

Unbelievable opening to that article. CNN is still the network of TDS.

at least they haven't praised the Taliban for wearing masks .......yet .

[paraclete]

Yes they need to wear masks

[tomder55]

especially when 640 are stuffed in a C-17 for evac

[paraclete]

It's a jihadist superspreader event