1. We have major supply line issues, for numerous reasons. 2. We also have major labor supply issues for numerous reasons. 3. Biden team: LETS MAKE IT HARDER TO INCREASE LABOR SUPPLY.
Anyone want to chime in and give me a single example where the Biden team is making it easier to increase labor supply?
Because for the life of me, I can't think of a single one.
Big kudos to the @nytimes for telling the truth; Democrats are lying about the cost of this bill, from Biden, Harris, Psaki, Pelosi on down. Manchin and Sinema are the rare honest ones.
"...will be fully paid for with an estimated $2 trillion in tax increases on corporations and high earners.
But budget experts...say true cost of the legislation will be closer to $4 trillion because of the way the programs are structured and accounted for in budgetary process.
"Many of the provisions would expire, or “sunset” after only few years, even though Dems anticipate that they would eventually be extended...reduces their overall cost during 10-year budget window that Congress uses to determine whether a bill will add to the federal deficit."
For those that think inflation/supply chain issues will magically go away:
Talked to a friend that uses the LA port for shipments regularly. As of right now, the port is FULL..meaning that even if ships dock, you can't unload anything.
That would be bad enough...but...
The containers that are there already? Need to be unloaded.
Well, at any normal pace, he said the time to empty the shipyards? SIX MONTHS.
That is just for what is already unloaded.
But...it gets worse!
There are truck drivers, etc (not enough, surely, but some) to empty out the port. But...truck drivers are stuck too, because they have to take the goods SOMEWHERE.
Well, the warehouses that they ship too...don't have workers to unload those shipments, and are also backed up.
Ohio now has a higher case rate than Florida or Texas. The center of the disease is now the Appalachians: OH, KY, TN.
As for Florida, its case rate is the same as...New York.
Like my previous tweet stated, Maine is seeing a surge of hospitalizations; so is Vermont. The numbers generally aren't large, but are significant relative to their population.
This is the current COVID Map. The Appalachians are getting hit...as is the Northwest.
This is a list of the states with the biggest increases in COVID cases over the past 2 weeks.
Key takeaways: 1. All North. 2. Vax % not stopping surges. 3. Deaths overall low...which may be vaccines, or too early to tell. 4. WI, MI, and PA are going to tell the story.
Here is change in hospitalization rates. Note that some states are very small numbers (VT, ME). But again, the increases are all in the North.
PA and OH seeing significant numbers.
And remember that like deaths, hospitalizations are a lagging indicator.
Some places (see my earlier tweet on Detroit) are taking the risk seriously. Nobody really knows how much the vax will protect us. But the more we vaccinate, the more we get boosters, and the more precautions we take, the better. We can't close down...but we can be smart.