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The REAL Economy: 'Empty shelves, higher prices’- Americans tell cost of Trump’s tariffs
They for sure won't result in more coffee and banana manufacturing plants.
Great local coffee out here, but not on the Mainland. Can't somehow manage to make Cheerios, though. Every one they plant, dies. https://www.konacoffeeandtea.com/
Condo prices are falling in certain locales because of oversupply. Utterly irrelevant to inflationary pressures that everyone is experiencing, as a result of tariffs mainly. We should be below 2%, but are instead heading back up.
And this phenomenon has been going on for a while in many markets. If you want a condo, in an overbuilt market, grab one up.
Wholesale Turkey Prices Are Up by a Staggering 40% This Thanksgiving POULTRY OFFERING
U.S. turkey stocks have plummeted to a 40-year low amid bird flu outbreaks, driving up wholesale prices by almost half. The American Farm Bureau Federation reports that tighter production is putting a squeeze on the nation’s flock ahead of Thanksgiving. It said wholesale turkey prices are about 40 percent higher than last year. Data from the USDA shows that 514,000 birds have been affected by avian flu this month. In total, 2.2 million birds have died in the past year across 12 states.
Maybe buy your turkeys a bit early this year?
We, and many people we know, are moving away from traditional turkey at Thanksgiving. We will be having a nice spread (at friends) that includes Beef Wellington. They are "foodies" and love to cook fancy meals. We are also invited to a Friendsgiving event, they will be serving turkey.
@msf I hear you. But I tend to keep thinking about young people starting out and forming a family while facing job disruptions and high housing costs. Also, from what I can see the direction of the country safety net is headed, they will need to have wages that cover private pay, unsubsidized, of things like healthcare, food and retirement. This means wages that grow from jobs that are secure. What counts is prospering over time. Stagnation won't get them there.
The unemployment rate for youth graduates (20-24) has averaged 8.1% over the last three months, its highest in four years.
And you rightfully point out that employers are eliminating pensions and passing on higher health care costs. The government wants them to be popping out kids to help with labor shortages. The employment/economic conditions do not support this.
This is a very interesting read from 2015. Mass deportations will absolutely accelerate the problems with population decline.
on the upside, FOTUS gets a nice gilden chintzy ballroom, and threw a Gatsby-themed high-rollers Halloween party the day SNAP funding expired and ACA premiums skyrocketed, because of course he would. Aren't you happy for him? After all, he needs his diversions from the very busy affairs of state.
They for sure won't result in more coffee and banana manufacturing plants.
Great local coffee out here, but not on the Mainland. Can't somehow manage to make Cheerios, though. Every one they plant, dies. https://www.konacoffeeandtea.com/
What I am fixing to say doesn't change my current concern about the unwinnable situation we are creating for our young people. This is just a random off the cuff incoherent set of thoughts I had after reading the Forbes article and more about the far range future, if there is one.
Yes, we all might have written a similar article ourselves with variations in both imagination and vision. The population issues are monovariant in a polyvariant world projection. The author brings up some of the other variables (e.g. AI) but, without a precedence on which to train, the interactions of the missing variables is subject to speculation. For example, in my childhood I would have had no way to even speculate how I filled my time in retirement since I would have, with my limited vision, not seen the iPhone and computer that fill my retirement days.
Probably because of my own background, my version of the Forbes article would have embedded more AI/robotics in the vision of the direction of a future of declining birth rates. But bi, tri, etc. variations still can never incorporate the future unknowns, e.g. my own transistor world that died with digital evolution and information age.
The author of the Forbes article seems to be wringing his hands over demographic worldwide shifts. I am more optimistic, or have been until recently. (I cannot predict outcomes if time moves backward along with decreased fertility rates. I suppose birth control would need to be outlawed completely to keep wages at poverty levels.) Assuming a more forward projected future, I just see positive change for the human experience. Who says the measure of life is a job? Maybe, with refusal to morph the cast system into something more fun and satisfying, meaningless exchanges of work for subsidence might be unchangeable. I want to believe we just have limited vision about the result of our more powerful, sometimes pessimistic and frightening, imagination.
Comments
https://www.konacoffeeandtea.com/
Condo prices are falling in certain locales because of oversupply. Utterly irrelevant to inflationary pressures that everyone is experiencing, as a result of tariffs mainly. We should be below 2%, but are instead heading back up.
And this phenomenon has been going on for a while in many markets. If you want a condo, in an overbuilt market, grab one up.
And you rightfully point out that employers are eliminating pensions and passing on higher health care costs. The government wants them to be popping out kids to help with labor shortages. The employment/economic conditions do not support this.
This is a very interesting read from 2015. Mass deportations will absolutely accelerate the problems with population decline.
https://www.forbes.com/sites/stratfor/2015/02/17/population-decline-and-the-great-economic-reversal/
(I think my tongue just flew off its roller....)