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A new report from the Federal Reserve Bank of Dallas out this week confirmed that an astounding 50.5% of manufacturers had raised prices on finished goods this October. This contrasts with the just 0.7% who lowered prices.
The blame belongs squarely on the Biden administration, according to analysis by Breitbart .
One chemicals manufacturing executive told the outlet: “Fiscal policy by the government is continuing to create supply-chain concerns and leading to increased raw materials prices along with lower customer confidence for finished goods, which is severely weakening the forecast for the long-term viability of the U.S. economy. The potential for recession is ever increasing without major fiscal policy improvement.”
And more inflation looks to be on the way. The measure of price increases for finished goods six-month ahead is 40.6 – double its long-term average of 20.2.
One metals manufacturer said: “It is beginning to feel like we are headed to a slowdown in a few months with inflation kicking in.” Another manufacturer commented: “Even though Biden terminated some of the incentives to promote folks not to work, there still seems little interest in working. We can teach [the job] if we could interest mostly anyone to get off their bottoms and respond to help-wanted signs. Are we really moving toward a socialist country?”
“We cannot find skilled employees, or nonskilled for that matter,” a third manufacturer commented.
One employer in the printing industry commented: “Inflationary pressures had caused us to raise the price on our production. We routinely pass on raw material costs based on a price index widely used in the industry. This is the first non-raw-material price increase we have had in the 15 years that I have owned this company. This increase and the inflationary implication have added to the customers’ belief that they must order against future price increases. Our customers are deluged with price increases. It doesn’t take long for the inflationary concept to take hold. Labor is unavailable at virtually any level; $13- to $15-per-hour jobseekers (if you can find any) now want $18. No experience. It is chaotic.”
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The Dallas Fed admitted in its report : “Supply-chain […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker