Nolte: Biden White House Spreads Lie that Inflation Is ‘High Class Problem’
White House chief of staff Ron Klain is spreading the lie that inflation and the supply chain snarl are “high class problems,” which means we’re lucky to have them.
On Wednesday, some Harvard idiot (excuse me for repeating myself) named Jason Furman tweeted, “Most of the economic problems we’re facing (inflation, supply chains, etc.) are high class problems. We wouldn’t have had them if the unemployment rate was still 10 percent.”
He added that “We would instead have had a much worse problem.”
Klain heartily agreed.
This is just one more example of a breathtaking lack of empathy from the His Fraudulency Joe Biden’s White House.
First off, it is not an either/or proposition. We don’t have to make this choice. Since Reaganomics kicked in nearly 40 years ago, America has enjoyed decades of low unemployment, low inflation, and healthy supply chains.
Secondly, what is “high class” about an issue like record inflation? The answer is that there’s nothing high class about it. Few things hurt the poor more than inflation. The poor live check to check, they live hand-to-mouth, and when prices increase, especially food and energy prices, it directly undermines their standard of living. They can quickly move from living on the bubble to going right over the side.
As far as the supply chain… Oh, you can bet Amazon and Walmart and all the Big Boys will be just fine. But what about the small businesses? What about the mom and dad companies that need a healthy Christmas season to make their year and cannot get the stock they require?
Jeff Bezos arrives at the Vanity Fair Oscar Party (Photo by Evan Agostini/Invision/AP).
And what about the people who lose their jobs due to a lack of inventory? What about the construction workers who can’t work due to a lack of materials?
(Joe Raedle/Getty Images)
What’s going to happen this winter when energy bills soar as high as 54 percent over last year?
Heartless elitists like Klain and Harvard professors have nothing to worry about. They’re rich. To them, inflation and supply chains are luxury problems. Oh, and let’s not forget how eager the left is to explode energy costs so we use less of it. Of course, they will still use as much energy as ever before, but they want the rest of us shivering and miserable as punishment for destroying Mother Earth.
These people are unfeeling, uncaring monsters who only care about furthering their agenda, and if that means bankrupting you through the “high class problems” associated with higher food and energy prices, so be it.
Remember, it didn’t have to be this way. First, inflation is directly related to Biden’s choice to spend a gajillion federal dollars. Second, inflation is directly related to Biden’s unwillingness even to acknowledge the supply chain issues until yesterday when it was way too late.
Meanwhile, Biden is flooding the country with hundreds of thousands of unvaccinated illegal aliens to compete with legal residents for scarce supplies and housing, to keep your wages low and the demand for supplies high, which means even more inflation.
Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.
BEZOSHEAD CAN'T MAKE AN HONEST PROFIT. LIKE JOE BIDEN, HE HAS TO STEAL IT!
Report: Amazon Internal Documents Show Company Copied Popular Products, Rigged Search Results
A recent report claims that internal Amazon documents show that the company created knockoff items and manipulated search results to promote its own product lines in India.
Reuters reports that according to internal documents, e-commerce giant Amazon has been developing knockoff products and manipulating search results to promote its own product lines. Reuters reports that the documents show that Amazon’s private-brands team in India exploited internal data obtained from its marketplace in the country to identify popular products sold by other companies and then create copies to compete against them.
Jeff Bezos India speech (Amazon/YouTube)
AURORA, CO – MAY 03: A worker moves packed boxes at the Amazon fullfillment center May 3, 2018 in Aurora, Colorado. The million square foot facility, employing 1,000 fulltime employees, has over 2 million products ready to ship to customers globally. (Photo by Rick T. Wilking/Getty Images)
The private-brand team also reportedly altered Amazon’s search results so that Amazon-owned brands would appear “in the first 2 or three … search results” according to a strategy report from 2016. Some of the brands that were copied including the popular shirt brand John Miller, which is owned by a company whose CEO Kishore Biyani is known as India’s “retail king.”
Amazon reportedly chose to “follow the measurements” of John Miller shirts down to the exact neck circumference and sleeve length, essentially creating Amazon-branded copies.
Internal documents show that Amazon employees studied proprietary data from other brands on Amazon.in with the aim of identifying and targeting goods that could be used as a “reference” or “benchmark” products that Amazon could “replicate.”
This is far from the first time Amazon has been accused of similar practices. In 2020, Breitbart News reported that the e-commerce giant set up meetings with startup firms to discuss their products with the pretense of potentially investing in the companies, only later to launch competing products in similar markets.
In April of 2020 Amazon was accused of doing exactly what the latest documents from Reuters appear to show, that the company was using data and sales figures to target products sold by third parties and then creating their own versions.
Read more at Reuters here.
No comments:
Post a Comment