It is not an *excess* of demand that is driving inflation, but a *reallocation* of demand…. Americans have dramatically increased their spending on goods leading to supply chain issues

I agree Mr. Politano. That people couldn’t spend much money on services during the pandemic led to more demand for goods, leading to supply chain issues. Let’s see whether this trend shifts. — Kaya Özyürek (@KayaOzyurek) January 17, 2022 Not …

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Union Pacific Bashes LA’s Social Justice Reform, Threatens To Leave City Amid Soaring Train Thefts …. “Without any judicial deterrence or consequence, it is no surprise that over the past year, UP has witnessed the significant increase in criminal rail theft…”

A top Union Pacific Railroad official threatened to leave Los Angeles over the District Attorney’s progressive measures to lower criminal theft offenses amid a wave of criminal gangs looting rail cars. Adrian Guerrero, Union Pacific’s director of public affairs, wrote …

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When you’re going full speed and hit a wall…

When you’re going full speed and hit a wall https://t.co/Ogi0Bix2Sq — AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) January 18, 2022 "Business activity abruptly leveled off in New York State" https://t.co/ywfiZbSgra pic.twitter.com/9NymaLy8lu — Bespoke (@bespokeinvest) January 18, 2022 🇺🇸 Empire BIG miss: -0.7 vs. …

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Eat the Rich? At least Tax them…

by Chris Black All of the billionaires who profited from the pandemic should have these gains confiscated. From Bill Gates to Larry Ellison. ‘Obscene Inequality': Oxfam Says Taxing the World's Richest Could Help Save Lives https://t.co/qMRITEcujg — NBC4 Washington (@nbcwashington) …

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