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Breaking News All | The Vault | United Prayer | SA Newsroom
FRONT PAGE  |  10/3/2022
THURSDAY, AUG 2, 2018  |  11 comments
Inflation, gas prices, tariffs squeeze consumers
The price of a can of Coca-Cola? Likely going up. A package of Pampers? That too. Plane tickets? They also may be more expensive. These items and more may cost more in the coming months as people start feeling the effects of higher fuel prices and raw-material costs as well as a range of tariffs.

Janette Hendricks said she has noticed higher prices on “just about everything” in the past three months or so. That’s put a little pressure on the recently retired nurse in Washington. So she goes shopping less often, “makes things stretch,” and she always shops for things on sale. She said she has also considered going back to work to have more cushion in the budget.

“The economy is doing great, so why is everyone doing so poorly?” she asked. ...


CLICK HERE to Read Entire Article
apnews.com

Response to economic crisis?
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006
•  The Rich Fool • Pastor John MacArthur | 4/23/2010
COMMENTS  locked  
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· Page 1 ·  Found: 11 user comment(s)
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News Item8/3/18 2:21 AM
John UK | Wales  Find all comments by John UK
Dr. Tim wrote:
Wah, wah, wah. I wonder if the thousands of people living in garbage dumps in the Philippines are crying about the increased cost for a can of Coke or sweating the higher price of airline tickets? I love America, but if there has ever been a bigger gaggle of spoiled brats I am not aware of it.
A great lesson - to witness deprivation in 2018.
11

News Item8/2/18 2:28 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Ta-Nahisi Coates wrote:
....The insult intensified when Obama and Seth Meyers publicly humiliated him at the White House Correspondents’ Dinner in 2011.... Replacing Obama is not enough—Trump has made the negation of Obama’s legacy the foundation of his own..... all of which could be targeted for destruction or redemption, thus reifying the idea of being white. Trump truly is something new—the first president whose entire political existence hinges on the fact of a black president. And so it will not suffice to say that Trump is a white man like all the others who rose to become president. He must be called by his rightful honorific—America’s first white president.
--[URL=https://tinyurl.com/y8dlyync]]]https://tinyurl.com/y8dlyync (The First White President)[/URL]

You do realize, Phillip, Donald[URL=https://tinyurl.com/z92bhus]]]"an ignorant, amoral, dishonest and manipulative, misogynistic, philandering, hyper-litigious, isolationist, protectionist blowhard"[/URL]Trump picked the last head of the Federal Reserve?

10

News Item8/2/18 2:08 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
How so UPS You mean because Trump is a so-called Republican he can't overstep his authority in trying to trample states rights?

Jonathan Rauch and Benjamin Wittes wrote:
...marketing executive named Toren Beasley, replied that his calculus was simply to refuse to calculate. “It could have been Dr. Seuss or the Berenstain Bears on the ballot and I would have voted for them if they were a Democrat,” he said. “I might do more analyses in other years. But in this case, no. No one else gets any consideration because what’s going on with the Republicans—I’m talking about Trump and his cast of characters—is stupid, stupid, stupid. I can’t say stupid enough times.”

Count us in, Mr. Beasley. We’re with you, though we tend to go with dangerous rather than stupid. And no one could be more surprised that we’re saying this than we are.... [ ]

--[URL=https://tinyurl.com/yd33ljdf]]]https://tinyurl.com/yd33ljdf (Boycott the Republican Party)[/URL]
9

News Item8/2/18 1:56 PM
Phillip Mezzapelle | Sicily, Italy  Contact via emailFind all comments by Phillip Mezzapelle
The Federal Reserve is to blame. Most people are ignorant of how the Fed came into exsistence. The Federal Reserve is unconstitutional it is not a part of the U.S. government. It is also an institution that as well as being illegal, is immoral. A private, secretive group of individuals get to print money according to their political and economic agendas. Guess what? If you and me were to do that we would be arrested and convincted as counterfeiters.
8

News Item8/2/18 1:12 PM
Unprofitable Servant | TN  Find all comments by Unprofitable Servant
Jim would do well to at least stick with what penned said as it has some truth in it, Whereas all his posts are pure propaganda
7

News Item8/2/18 12:54 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
A great time to own oil stocks?
ABC News Radio wrote:
...Environmental groups who support the gas mileage standards that aimed to reduce air pollution slammed the proposal.

"The Trump administration’s proposal to slam the brakes on America’s successful Clean Car Standards is a massive pileup of bad ideas," Environmental Defense Fund President Fred Krupp said in a statement. "This proposal will substantially increase pollution and will cost the average American family hundreds of dollars a year extra for gas."

"It’s a proposal that attacks the states’ right to protect people from dangerous pollution, one that no one -- not the American public, not the states, not even most automakers -- really wants, and one that’s being presented to the public under the false and easily discredited guise of improving public safety," the statement continued....

--[URL=https://tinyurl.com/y9o9nlk9]]]https://tinyurl.com/y9o9nlk9 (Trump administration seeks to freeze gas mileage standards for new cars)[/URL]

Another attack on states rights by the federal governmentâť—đź‘Ž

6

News Item8/2/18 11:56 AM
Unprofitable Servant | TN  Find all comments by Unprofitable Servant
3 comments and they all missed the boat. May be available in pdf form by now, so I would kindly suggest that if you like a more informed opinion you read Thomas Sowell book Basic Economics

Here is an excellent article on it

http://walterewilliams.com/inflation-and-deficits/

5

News Item8/2/18 11:53 AM
Dr. Tim | Possum Hollow, USA  Find all comments by Dr. Tim
Wah, wah, wah. I wonder if the thousands of people living in garbage dumps in the Philippines are crying about the increased cost for a can of Coke or sweating the higher price of airline tickets? I love America, but if there has ever been a bigger gaggle of spoiled brats I am not aware of it.
4

News Item8/2/18 8:55 AM
penned  Find all comments by penned
inflation is due because of massive printing of the currency

happens everytime

world currencies come and go

remember bush/obama blessing the 20 trillion to the bankers?

unfunded pension funds, massive military spending with bases all over the earth

debt based economies

and ever increasing dependent class living off the state

its fairly logical and expected

now as to this united states, the cities only count for a minute percentage of the total land

and those who are capable could be released from this cmmnst - style quagmire (after 50 years of progressive bankrolls) ... to be given the land to repossess and rebuild....

...but who would release the young from this centralized system to garner their freedom and to barter and trade freely by the work of their hands as our ancestors lived?

or do we want them marked instead with all the biometrics and new ID system, forced to pay high taxes, buy things they can't afford to survive?

after all, a commnst would say "if I have to live on the titanic, so do you"

3

News Item8/2/18 5:03 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Paul Krugman wrote:
There’s no mystery about the Republican agenda. For at least the past 40 years, the G.O.P.’s central policy goal has been upward redistribution of income: lower taxes for the wealthy, big cuts in programs that help the poor and the middle class. We’ve seen that agenda at work in the policies of every Republican president from Reagan to Trump, every budget proposal from party stars like Paul Ryan, the speaker of the House.

This policy agenda is, however, deeply unpopular. Only [URL=https://tinyurl.com/ybejvdeh]]]https://tinyurl.com/ybejvdeh (small minorities)[/URL] of voters favor tax cuts for the wealthy and corporations; even [URL=https://tinyurl.com/ychddy52]]]https://tinyurl.com/ychddy52 (smaller minorities)[/URL] favor cuts in major social programs. So how does the G.O.P. stay politically competitive? The answer is that the party has mastered the tactics of bait and switch: pretending to stand for one thing, then doing something quite different in office....

--[URL=http://tinyurl.com/y9ukk5nc]]]http://tinyurl.com/y9ukk5nc (Voters May Be Wising Up)[/URL]đź‘Ť

An excellent short editorial all of it is well worth reading. The writer referred to Pew research for his opinions of what voters think of Republican actionsâť—đź‘Ž

2

News Item8/2/18 2:12 AM
John UK | Wales  Find all comments by John UK
I'm convinced that when politicians say the economy is doing great, they mean that the rich are doing great, making a packet, while the poor seem to be getting poorer. It's a clever trick.
1
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