Democrats Creating Artificial Shortages that will Lead to Recession

[wiley8425]

You still haven’t said which policies so I’m not sure what I’m supposedly excusing.

[WuWei]

@Oryx

To grow wealth.

You aren’t growing wealth by raising inflation and taxes.

[Dem]

@Ceasar

The democrats are right now in charge. But hey, excuse them if they do nothing, huh?

What do you want the Democrats to do?

The ports are seeing record number of ships passing through. Consumer demand for goods have skyrocketed, and the ports are having a tough time dealing with the increased demand.

[WuWei]

@Oryx

Supply-chain problems, or “artificial shortages,” as the OP put it. Greater demand for a product. Probably lots of other things an economist could tell you more about.

The supply chain problems are what? Shortage of truck drivers because they want higher wages?

Back to wages.

Shortage of longshoremen because they want higher wages?

Back to wages.

Backlog of demand because you shut the world down and paid people not to work?

[Oryx]

@WuWei

You aren’t growing wealth by raising inflation and taxes.

Making sure wage growth outpaces inflation grows wealth.

[Oryx]

@WuWei

The supply chain problems are what? Shortage of truck drivers because they want higher wages?

Back to wages.

Shortage of longshoremen because they want higher wages?

Back to wages.

This summer the driver of inflation was the pandemic shutdown.

@WuWei

Backlog of demand because you shut the world down and paid people not to work?

Yes, basically. Demand is up, supply is down.

[Supreme_War_Pig]

@Ceasar

@wiley8425

“Deep State interference and Crony Capitalism”

I can make up stuff too.

And again… Again: “Democrat policies, creating artificial shortages. They need to do something about this problem. They are not doing ANYTHING. They are in charge. Solve the problem!”

The democrats are right now in charge. But hey, excuse them if they do nothing, huh?

Yeah, economics are a real you know what. There are a lot of moving parts.

[WuWei]

@Oryx

@WuWei

You aren’t growing wealth by raising inflation and taxes.

Making sure wage growth outpaces inflation grows wealth.

How? By racing?

[WuWei]

@Oryx

This summer the driver of inflation was the pandemic shutdown.

@Oryx

Yes, basically. Demand is up, supply is down.

So you © did this?

[Oryx]

@WuWei

How? By racing?

It’s part of what the Fed tries to do with monetary policy.

[Oryx]

@WuWei

So you © did this?

If by “you” you’re referring to the global reaction to COVID, then yes.

[WuWei]

@Oryx

@WuWei

How? By racing?

It’s part of what the Fed tries to do with monetary policy.

The fed stagnated wages?

[Ceasar]

@wiley8425

You still haven’t said which policies so I’m not sure what I’m supposedly excusing.

Sigh…DOING NOTHING.

Doing nothing about this crisis.

[Ceasar]

@Dem

@Ceasar

The democrats are right now in charge. But hey, excuse them if they do nothing, huh?

What do you want the Democrats to do?

Their job.

[WuWei]

@Dem

What do you want the Democrats to do?

Govern

[Oryx]

@WuWei

The fed stagnated wages?

Maybe.

[WuWei]

@Oryx

@WuWei

The fed stagnated wages?

Maybe.

Do you see my problem?

[Oryx]

@WuWei

Do you see my problem?

Yeah. I’m not sure anyone has answers to some of these questions, the economy is too complicated.

[Dem]

@WuWei

@Dem

What do you want the Democrats to do?

Govern

I don’t see what the Democrats could do, when it comes to this port issue. We just have to wait for the market to correct itself. Demand for goods is just too high.

You can’t legislate people to stop buying stuff, or force people to take jobs at ports.

[wiley8425]

Considering they don’t have a delegated power to “do something about the crisis” I don’t see an issue. Feel free to enlighten us on what you think they’re supposed to do that would fix this. End the stimulus? Already happening. End unemployment for the pandemic? Already happened. So please. Tell us what more they’re supposed to do.