John Deering for December 02, 2021

Should’ve banked on all those Cyber Monday deals, rather than complain about costs now.

“Looking back at the world with funhouse mirrors.”

I dunno about Deering’s family, but we’re cutting back. About 10% back, in fact. Since we were already being pretty low key about the “thing” kinds of Christmas presents, that’s not so much change as it might appear.

No Christmas giving in years.

Once again: The Republican Party of Trump LIES about every issue.

They also make up issues to LIE about.

They will claim anything just to get and keep power and control the narrative.

The big UPS center in Hodgkins, IL ran a record amount of packages through on Tuesday. Facts matter. People are shopping. And yes, they are complaining about inflation, but it’s not stopping them from shopping.

Empty shelves ? The only somewhat Empty shelves at our local ( ugh ) Wal-Mart are paper towels and the cleaning products, there’s a big surprise! The only Empty food shelves I see are always on the first Friday of the month ( you know Check Day )

When I was a kid a comic book cost 10¢. Now I don’t know what they sell for, but I blame Biden.

Online stores that I won’t name claim "free shipping’. There is no such thing as ‘free shipping’, or free anything else for that matter. A lot of inflation comes from paying more for ‘free shipping’.

John Deering is displaying how he flunked Economics 101, 102, and 103.

I’m giving nuthin’ for Christmas, all the relatives are mad . . .

Once again…buying is up approximately 30% from a year ago. More demand = higher prices. More demand = strains on getting replacements, especially when so many things have to be shipped from overseas. The Feds can raise the prime interest rate, which makes money more expensive to borrow for businesses and potential homeowners and puts a damper on the economy. The Feds can provide incentives/etc. for businesses to open on U.S. soil, shortening the supply chain and providing jobs. Not much else they can do.

It isn’t Biden who should be blamed, but, rather the Anti-Vaxx movement.

There’s Anti-Vaxxers in the neighborhood who you gonna call? Anti-Vax Busters.

no-willie the echo-no-mist, doesn’t mention that most of the economy is dependent today in what has happened over the past four or five years. It does not react to what happened last month or a few months ago in over 90% of what causes the economy to move. Nor does the dipwad acknowledge how for the past almost 50 years that reThuglican administration a have left office with increased USA debut while the other party has decreased the debt or even eliminated it.

Tax the wealthy. Tax corporations avoiding taxes and yet still getting federal subsidies. Make ‘em all pay their fair share like we’ve had to do and make ‘em pay for the decades that they’ve gotten away with cheating all the rest of us.

I did all my shopping on Amazon, easy peazy!

Easy, just have a nice quiet dinner and skip the gifts.

John’s toon makes the point that while folks are complaining about prices and stock, they’re still doing everything they did during good ole 2020. The only thing that brother Joe might be guilty of would be making the public think a bit more about how they spend their precious moo la.

Right wing lying hypocrites.

Republican Senator Tom Cotton Admits Trump, Not Biden, Caused Inflation

Republicans have been hammering the Biden administration over inflation. Democrats have tried to respond by blaming supply-chain shortages caused by the pandemic. But Republican senator Tom Cotton has a completely different theory: He blames inflation on Donald Trump’s poor selection to lead the Federal Reserve.

Cotton’s view, laid out in a Wall Street Journal op-ed, places the blame for inflation squarely on Jerome Powell, the Fed’s chairman. “Mr. Powell’s Fed has forced millions of American families to choose whether to pay the mortgage, feed their families, fill up their gas tanks, heat their homes or buy Christmas presents,” he argues.

Cotton makes this case in the course of explaining his forthcoming vote against Powell’s renomination. And obviously, Cotton is not trying to blame Trump (whose name does not appear in his column). But the reason Powell has the job in the first place is that Donald Trump appointed him.

Trump selected Powell in large part because he deemed his predecessor, Janet Yellen, too short to effectively handle monetary policy. Once in office, Powell was an inflation dove, leaving interest rates low in order to run the economy hot. Trump was constantly demanding Powell push interest rates even lower.

Cotton’s view implies that Powell was wrong, and Trump was even more wrong:

Mr. Powell also maintained the Fed’s radical emergency monetary policies a decade after the end of the 2007–08 financial crisis. The Fed had thereby already exhausted the normal tools of monetary policy when the pandemic hit and was forced to use unprecedented levels of government intervention to prop up the U.S. economy. As a result, the Fed’s balance sheet is nearly $9 trillion and continues to grow by more than $100 billion a month. For perspective, the Fed’s balance sheet barely surpassed $2 trillion after the financial crisis.

https://www.msn.com/en-us/news/opinion/republican-senator-tom-

Nailed it. It’s about time someone criticized the DEMAND side of the issue. Same with gas prices, by the way.

Inflation is actually pretty much the standard for modern economies, unless artificially held down by government actions (like the past years since 2008).