2 Comments

On inflation, the media is also doing a really go job of ignoring how Biden is placing blame on corporations exploiting their market share power. In the SOTU, Biden didn't explicitly go into how they are keeping prices, which may have originally gone up due to pandemic-related supply chain issues, at a high level even after those issues recede. Instead Biden spoke to the lack of competition overall and how that wasn't proper capitalism. I can't imagine that sort of talk is very popular with corporate media which has undergone so much consolidation. I assume they hope to keep such thoughts from spreading.

Expand full comment

Thanks for the interesting comment!

A friend indicated to me that the supply chain issues are real and that they're not lying; what makes you think that the issue isn't the supply chain stuff?

Expand full comment