SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (45119)11/30/2021 11:02:37 AM
From: Sdgla  Read Replies (2) | Respond to of 73651
 
The IQ required to vote for this stump is single digits. Joe Biden Declares Everything is Okay After Meeting With Retail Executives

November 29, 2021 | Sundance | 223 Comments

Earlier today, Joe Biden met with a roundtable group of retail executives and CEO’s. The topics of the discussion were supply chain issues and current impacts to businesses that are causing rapid inflation.

At the conclusion of the meeting there was supposed to be a press conference where Biden was going to outline what his administration is doing to combat the ever-increasing problem of inflation. However, moments before the public remarks were scheduled to begin, the White House cancelled them. Instead, the people managing Joe Biden sent out the following tweet:



According to the White House messaging, everything is wonderful – there is no cause for concern, the supply chain crisis has been handled, shortages are no longer present, shelves are full, the clouds have parted and Santa is enjoying his time preparing for Christmas by watching unicorns play with the reindeer. Baghdad Bob would be proud.

If the narrative is true, if there is so much good news to share, then why cancel the remarks and press conference about inflation?

One likely scenario is the retail CEO’s told the White House about: (1) upcoming additional price increases due to energy policy; and (2) the latest news from China where the shipment of goods is going to go from bad (slow) to much worse (a virtual halt):

(more…)