Monday, August 19, 2024

Experts Say

 Kamala Harris has put forth the idea that inflation is due to "price gouging." A number of economists got together to discuss the veracity of this claim. They cite several causes for the increased prices of grocerties to a number of different factors: snarled supply chains, a sudden shift in consumer buying patterns, and increased customer demand fueled by stimulus from the government and low interest rates from the Federal Reserve.Most economists say those forces are far more responsible than corporate behavior for the rise in prices in that period. Not that corporate greedheads are without blame, but this article in the New York Times did not see fit to investigate that. The New York Times that happens to be owned by corporate greedhead Jeff Bezos. 

Okay. So this is an instance in which the media, in the form of a corporate greedhead's plaything, has cosen to report on the Democrat's rationalization of the very complex subject of post-pandemic inflation. Thank you Greedhead Post for making it clear to us working class folk that it is not the fault of corporate greedheads that celery costs nineteen dollars a pound. 

Meanwhile, at a golf course in New Jersey, the Republican idol held a press conference in which he rambled on in typical fashion about a whide range of topics, including the record-setting level of job creation under the Biden administration. He claimed that he was pretty sure that the number of those jobs that went to immigrants was one hundred percent. And that this number "could be even bigger." More than one hundred percent. Then he veered off into even more familiar territory: “I think I’m entitled to personal attacks. I don’t have a lot of respect for her,” he said in reference to his Democratic opponent.  He added, without providing evidence or explanation, that he was “very angry at her that she weaponized the justice system against me.”

I don't expect that the Greedhead Times will be checking in with any noted mathematicians or legal scholars regarding the twice-impeached corporate greedhead's comments. The sheer repetition of it hardly makes it news. 

Right? 


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