Scary, amusing, disgusting, these are but a few adjectives to describe the headlines this morning as the economic and moral decline of this nation and the world continues.
On the economic front, retail chain Target (pronounced Tar-Jay by those who think making it sound French is amusing) cut its profit outlook for the second time in three weeks and the company’s stock price is down 7 percent or so to greet the news.
WalMart had similarly disappointing performance in its most recent profit commentary and its stock price did the swan dive, too.
The Biden Regime, as is the wont of political propaganda operations, loves to point to jobs created as indicative of economic strength, neatly failing to factor that the “gains” are only the economy trying to get back to where it was before draconian COVID lockdowns shut down the economy and turned workers into homebodies eager to sit in front of the television and collect stimulus payments without the need to work and produce.
Those freebies managed to light a fire under inflation by creating a supply-demand mismatch, so all that handout buying power is being sucked out of the hands of consumers by rising prices.
Demand for products is down and mammoth retailers like Target and WalMart are only confirming that with their disappointing guidance, never mind the job giddiness.
Also from the Biden smoke and mirrors department comes the announcement that the regime will invoke the Defense Production Act in an attempt to accelerate domestic production of things such as solar energy technology
This is in response to the skyrocketing fuel prices that Biden created with his restrictive fossil fuel policies, but he is trying to blame on Putin. While out driving the other day I saw regular gasoline priced on the far side of $5 a gallon and premium topping $6 at one station.
The world is not prepared to continue to function without fossil fuels – imagine a car or airplane relying on solar panels and what happens when it’s cloudy. Similarly, much-touted windmills rely on Mother Nature to provide never-ending breezes, which simply doesn’t happen.
Electric cars still need to have powerplants to feed their need for recharging and, again, those massive plants can’t provide consistent supply while running on solar or wind.
File this latest Biden Regime initiative under the don’t-just-stand-there-do-something category, similar to hyping releasing a few days of consumption from the strategic petroleum reserve.
I wonder how the Biden Regime will blame Putin for food shortages likely to result from plans of California legislators to “buy” water rights due to an ongoing drought and deny that water to farmers so that city dwellers can water their lawns and wash their cars with impunity?
Energy, while a problem here, is worse in Europe, where climate alarmists in the bureaucracy have rammed through all manner of restrictive legislation..
That includes the city of Krakow, Poland, which in 2019 put on a ban against burning wood or coal. Now, with energy prices through the roof, reality intrudes and the government is encouraging Poles to forage the forests for downed trees and limbs that they might burn them for fuel.
Of course the bureaucrats can’t let go totally. Each would-be wood scavenger first must undergo training (this is an ax, you swing it thusly to chop up the tree, then you load the logs being careful to keep your back straight . . . ) and official permission.
Oh, and eight shiploads of coal – 700,000 tons give or wake – are on their way to Poland to alleviate energy shortfalls.
Screaming Greta must be locked in a soundproof room in Sweden. How else to explain her silence on all this?
But even amidst declining economies, skyrocketing prices, and fuel and food shortages, the politically correct police continue to wallow in their sense of self-importance.
A Norwegian feminist is being investigated, and could face up to three years in prison.
Her crimes? Saying on social media and television interviews that biological men cannot be either lesbians or mothers.
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