By Chuck Lehmann —— Bio and Archives--January 24, 2023
The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
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By Pepperspapa on 2023 01 23
You can't call it a recession until Joe says it is. Remember he said "Truth over Facts". How many years in the future will we be ignoring the facts. The housing industry is dead. Big AG is in a death spiral. When corporate farmers can't get fertilizers they are limited to what they can plant. When corporate farmers see interest costs rise to levels not seen in decades a second nail is driven into the coffin. Droughts don't produce crops, feed, or animals. The heart of meat production and grain production is in a severe drought conditions. When you raise the cost of diesel you impact farmers. When John Deere controls you maintenance due to software farmers have added expenses.
Chickens slaughtered by the tens of millions. Foster Farms sells out because of feed shortages and railroad issues.
Millions out the workforce. An adjustment to December on employment was -1,000,000. Cooking the numbers. Labor shortages caused by covid lockdowns continues.
Inventories are very high caused by covid, the ports and transportation issues.
The Government wants you to believe sales were only down during the Holiday season by a little over 1%. What they didn't tell anyone this was quoted in $$$$ sales that was unadjusted for inflation. The real issue here is fewer items/units sold as there costs were inflated. This adds to the inventory issue above. There is information that food inventories are presently building due to inflation. If a warehouse has to store food as the demand is reduced due to costs the products will be put on sales eventually or landfilled. Both would be a quick fix, but short term as future prices would have to compensate for losses.
Keep an eye on fast food outlets and restaurants. Labor shortages, higher wage costs w/ higher Social Security/Medicare/Workman's Comp etc. Plus costs of food products. The largest cattle producing state is Texas and they have been selling off herds for months due to the drought. You don't build back a herd in a year or two. Will the average person pay a lot more for a burger?
I know people who are optimistic about the short term future. I hope this isn't contagious.
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