On top of attacks on freedoms and gutting social safety net --
none of their “plans@ would address inflation; they would make it worse by increasing the national debt, further tightening the job market and acting as a fiscal stimulus in an already overheated economy. https://t.co/3DhzGMxlae
— Jennifer "Pro-privacy" Rubin (@JRubinBlogger) October 27, 2022
Twit chief Musk's car company in hot water; Twitter next? --
Tesla is facing a criminal investigation in the U.S. over claims it made about its electric vehicles and their ability to drive themselves, according to sources https://t.co/pN9CuQEExj pic.twitter.com/icfhB7fjEH
— Reuters (@Reuters) October 27, 2022
Anti-Semitic turd Kanye "Jackass" West continues self-immolation --
Former associates of Kanye West say the rapper has long been fascinated with Adolf Hitler and once wanted to name an album after the Nazi leader https://t.co/vqCLPTWZwy
— CNN (@CNN) October 27, 2022
Hard to tell the "rogue" from Murdoch's paper itself --
The New York Post says a series of vulgar and racist tweets and headlines published Thursday morning were the result of a rogue employee https://t.co/FqXnw93YNx
— CNN (@CNN) October 27, 2022
That's why Thiel-owned J.D. Vance (OH) and Blake Masters (AZ) have to be defeated --
If Republicans run the table in the 2022 midterms, Peter Thiel will have exactly as much representation in the Senate as the entire state of California.
— Ian Millhiser (@imillhiser) October 27, 2022
"Dangerous and unpredictable" because of the war criminal speaker himself --
“We are facing one of the most dangerous and unpredictable decades since the Second World War,” Putin said, adding that the world order imposed after the Soviet Union's collapse is “coming to an end.”
— The Kyiv Independent (@KyivIndependent) October 27, 2022
"And pay for their mistresses' abortions and run as a forced birth Republican!' --
Graham: They're scared to death of Herschel Walker because if Herschel walker becomes a Republican, maybe every other young child in America of color might want to be a Republican. pic.twitter.com/PRwuLMZ0EK
— Acyn (@Acyn) October 27, 2022
"Caution: Swan Can Read Signs" --
Caution.. 😅 pic.twitter.com/HK4quCRukJ
— Buitengebieden (@buitengebieden) October 27, 2022
Wish the media would change the narrative on inflation to Katie Porter's, but suppose their advertisers won't allow it.
ReplyDeleteFrom Crooks and Liars:
By Susie Madrak — October 19, 2022
During a House hearing this week, Katie Porter interviewed Mike Konczal, a director at the Roosevelt Institute, the progressive economic think tank , over the primary current cause of inflation. And of course she had visual aids.
"According to this chart, what is the biggest driver of inflation during the pandemic? The blue – the dark blue is the recent period," Porter said.
"It would be corporate profits," he said.
She asked what percentage.
"It is 54 percent, and that number does stay that level of high if you update that number to more recent numbers as well," he said.
"So over half of the increased prices people are paying are coming from increases in corporate profits?"
Konczal said yes. "The unit price index is reflected in corporate profits as opposed to other costs."
"How does that compare to, historically, other periods of inflation or over other periods of economic time?"
"It is significantly higher in this recovery – 11.5 percent."