I guess you don't want to get this newsletter any more?
Jun 11, 2021 9:49 pm
Dude...
I sent this to you twice. This is thrice. Read it. Or don't.
But if ya don't open it, I'm removing you from my massive subscriber list. LOL.
I'm sure it's just a fluke: You ALWAYS read the Morning Sixpack, right?
Anyway...give it a read and if it's not for you, just hit the unsubscribe link at the bottom, okay?
***
Don't mind my little rant on the wealthy on today's Morning Sixpack.
But do note that my idea of a consumption tax would make all this talk of the rich not paying their fair share a really moot point.
It would also largely make a wealth tax unnecessary, too. But if we can milk 'em for even more, I'm all for it!
LOL...
In other news, Biden is giving millions of vaccines to other countries in need. Demand in our country has fallen off a cliff because everybody who wanted a vaccine has already gotten one.
And those freeloaders that didn't want one? They get the benefit of all of the rest of us making a (small) sacrifice to protect humankind from the worst virus of our lifetimes.
Fuck off, IOW.
***
Prices rose by 5 percent in May compared with a year ago, the largest increase since the Great Recession, continuing a steady climb in inflation even as policymakers insist on staying the course.
Price spikes often coincide with downturns, and officials from the White House and Federal Reserve have predicted that prices will climb over the coming months, especially compared to a year ago, when the economy was reeling from coronavirus pandemic shutdown. However, the move adds new fuel to the Republican criticism that the Biden administration is spending too much, which could lead to an overheated economy.
The most recent inflation figures, released Thursday by the Bureau of Labor Statistics, are not rattling the Biden administration nor the Fed. Both predict that prices will continue to rise until supply chains and consumer demand recalibrate and the economy has time to heal.
Economists are expecting this to be a temporary issue that will resolve itself once some normalcy returns.
We shall see.
***
Make it a great day! Get the rest of the Sixpack here.
Bill
🍺 PS - Buy me a beer to keep the Daily Grind News open for business!
🤑 PPS - The rich keep on gettin' richer while this bimbo called Boebert gets to "represent" her constituents in Pueblo, Colorado by inciting an insurrection, helping them get into the US Capitol building, and suffering no ill effects.
Only in America! (Ode to Don King)