Thursday, September 15, 2022
Wednesday, September 14, 2022
Self-Destruction..
The knowledge and talent of the wealthy nations, the G7, screwing up the world and their countries by, limiting, manipulating and raising the prices of energy that they need the most to maintain their above poverty level of living.
Cavalry..
Today's CPI inflation report shocked Wall Street and the nation with a significantly higher than expected print.
After several years of excessive federal spending, regulating, taxing and money-printing, the highest inflation in 40 years is deeply embedded in the economy and it is spreading.
Overall, the topline CPI came in at 8.3% for the year — food up 11.4%, even energy is still up 24%. Electricity is up 16%; natural gas 33%; new cars 10%. Even with the recent drop, gasoline is still 26% above a year ago.
There is another approach here that would help save America from a truly deep recession. Move to the supply side. Cut tax rates. Open the fossil fuel spigots. Stop the regulatory stranglehold on business. Start rewarding success instead of punishing it. Implement workfare to bring over 4 million people back into the labor force.
Unfortunately, the big-government socialists in the Biden administration don't understand any of this. Their woke progressive thinking has done great damage. It's an utter failure.
The good news is Americans know this. That's why the cavalry is coming. Just a thought.
Tuesday, September 13, 2022
CPi
U.S. stocks nosedived Tuesday after a surprising inflation report showed prices rose more than expected last month.
The Bureau of Labor Statistics released the Consumer Price Index (CPI) for August early Tuesday, which showed prices rose 8.3% over the prior year and 0.1% over the prior month. Economists had expected an 8.1% increase in inflation over last year and a decline of 0.1% over the prior month. Just a thought.
Fountain..
Put on your walking shoes and don't forget your step counter: You can reduce your risk for cancer, heart disease and early death by getting up to 10,000 steps a day, but any amount of walking helps, according to a new study.
Physical activity is just absolutely magnificent. And when if you blend that with eating a more plant-based diet, de-stressing, sleeping enough and connecting with others -- that's your magic recipe. It's the fountain of youth, if you will."
Del Pozo Cruz and his team recently published a similar study that found walking 10,000 steps a day lowered risk for dementia by 50%. Risk decreased by 25% with as few as 3,800 steps a day, according to the previous study. Just a thought.