RUTHFULLY YOURS

https://asiatimes.com/2021/10/us-gdp-data-show-stagflation/

Net of inventory accumulation, real GDP for the third quarter was slightly negative, US government data released Thursday morning show. Real GDP grew at an annual rate of 2%, below the forecasters’ consensus of 2.6%, the Commerce Department reported. But a jump in inventories added 2.07 percentage points annualized to GDP. That’s more than the reported growth.

That’s a very odd number, considering that the inventory-to-sales ratio of US business stands at the lowest level on record, due to supply-chain constraints that prevent businesses from restocking. It’s likely that the inventory number was exaggerated. If that’s true, the US economy shrank during the third quarter.

The GDP measure of inflation rose at a 5.7% annual rate during the third quarter, following a 6.2% rate of increase during the second quarter. After inflation, final sales to domestic purchasers rose at an annual rate of just 1%. That’s a textbook portrait of stagflation.

Disposable personal income fell at a 0.7% annual rate, as prices outstripped income growth. By the Labor Department’s measure of prices and average wages, real earnings of US workers have fallen by about 2% over the past year despite nominal pay raises averaging about 4%.

https://swtotd.blogspot.com/

My parents had a book of cartoons titled, Who’s in Charge Here? Written in 1943, it is a compilation of cartoons by George Price (1901-1995) who had started drawing for The New Yorker in 1929 and continued doing so into his 80s. While Herblock’s cartoon was aimed at President Carter, the message could be directed at today’s White House. As last Saturday’s lead editorial in The Wall Street Journal put it: “…all Presidents stumble in speech. But Mr. Biden’s frequent public confusion about the major issues of the day is a reason for the growing public concern.” If Mr. Biden is mentally unfit, who is in charge?

Mr. Biden’s incoherence and mental lapses should concern us. Roger Kimball, the American art critic and conservative social commentator recently posed a rhetorical question: “Is it more worrisome that Joe Biden might not be in charge, or that he actually is in charge?” The White House website states that the power of the Executive Branch is vested in the President of the United States. Including members of the armed forces, the Branch employs more than four million Americans, more than any private company, and a number that exceeds the population of the United States when George Washington became our first President. (In total, according to the Brookings Institute, the federal government employs nine million.) The White House website reads: “The President is both head of state and head of government of the United States of America, and Commander-in-Chief of the armed forces.” It is arguably the most powerful position in the world. The American people deserve to know who is in charge. 

It does not appear to be Joe Biden whose political reputation extends back over fifty years. During last year’s campaign, he ran as the moderate alternative to Senator’s Bernie Sanders and Elizabeth Warren. He promised, like his predecessor Warren Harding 100 years earlier, a return to “normalcy.” However, his support of Critical Race Theory and gender-neutral pronouns, and his recent proposals for a “Green New Deal,” universal basic income, a wealth tax and a five trillion-dollar budget satisfy the most radical Progressives in Congress. They remind us of Barack Obama’s pledge in late October 2008 in Columbia, Missouri, shortly before his election: “…we are five days away from fundamentally transforming the United States of America.” While Mr. Obama later walked back those comments, they preordained Mr. Biden’s intent to “transform” our culture, schools and economy.

https://melaniephillips.substack.com/p/irrationality-and-the-covid-vaccine?token=e

In my Times (£) column this week, I wrote about the dangerous irrationality of those  implacably opposed to the Covid-19 vaccine.

I wrote that while some concerns about the Covid vaccine were understandable — due to the acceleration of the normal testing regimen, or concerns about civil liberties if vaccination is made a condition of someone’s job or entry into a venue — there had been a significant loss of rationality and any sense of proportion. 

You can go online and find people with scientific qualifications saying in terms that the state is actually trying to poison people with the Covid vaccine. But there’s no evidence whatever for this fantastic and paranoid claim. Many who assume that a doctoral or professorial handle confers intellectual authority tend automatically to believe such claims. Under serious and informed scrutiny, however, they fall apart.

Vaccination always involves a balance of harms. But all the available and reputable evidence indicates that the harms resulting from this vaccine are rare and vastly outweighed by its benefits.

It’s claimed, for example, that tens of thousands are suffering serious vaccine side effects. But this is based on statistics showing merely the number of those who subsequently died of other ailments; it doesn’t prove cause and effect. It’s claimed the vaccine may affect women’s fertility; there’s no evidence for that. And so on and on. 

Yet anti-vaxers in Britain have even been abusing and intimidating children at their school gates over taking the vaccine. Such an unhinged set of fears is coming from both ends of the political spectrum. 

Elements on the right have latched onto every single government response to the pandemic to claim a world-wide conspiracy to enslave and poison people, involving globalists, paedophiles, the “deep state,” Jewish financiers — and Bill Gates working with all of the above to control the world through microchips. 

However, vaccine hostility has long roots in liberal “back to nature” movements too which for decades have used homeopathy, eaten only organic food and shunned all vaccinations for their children. The belief that “Big Pharma” drug companies were evil was previously a left-wing mantra. And now, as reported in the Observer, vaccine hostility is associated with the “wellness” industry and alternative lifestyles including ayurvedic healing, meditation and something called “conspirituality”. This turns out to be the intersection of yoga, juice cleanses, New Age thinking and online theories about secret groups controlling the universe.

https://www.gatestoneinstitute.org/17893/parents-catch-on

Now, in America, self-described “progressives” of any number of different stripes continue to aggressively label and attack as criminals and domestic terrorists any person or group dissenting from their radical agenda. Therefore, the NSBA and others of their ilk have few qualms about calling parents exercising their right to confront smug educrats at public hearings “domestic terrorists.” What is truly alarming is that these opponents of the First Amendment appear to have backing from the Biden White House.

Using the FBI to police local school board meetings is a disturbing example of federal overreach. It would also be nothing new for the FBI. It is very easy to imagine what the Justice Department’s “additional efforts” could include — as we have already seen — surveillance, subpoenas, infiltration, questioning, intimidation, entrapment, enlisting informants, rifling through emails and financial records, the full panoply of investigative methods usually reserved for organized crime mobsters or genuine threats to national security.

The White House may soon regret going down the road of diverting the FBI from more important law enforcement issues to harass parents. Sagging White House approval ratings; an explosive national murder rate; the highest inflation rate in 10 years, the highest gas prices in seven years; and 4.3 million Americans leaving the workforce this past August — not to mention the Chinese Communist Party’s hypersonic missiles and exponentiating global “lily pads” from which to project military power — may help focus the Biden administration on other issues besides school board meetings.

Inserting federal law enforcement into local school matters further makes the case for systematic reforms of the politicized FBI and the Justice Department. The next Congress should closely investigate how this program was implemented and which parents were subjected to FBI harassment, and should expose the links between policymakers and education pressure groups.

House Republicans are lecturing Attorney General Merrick Garland on the rights of parents over the education of their children: “Parents have an undisputed right to direct the upbringing and education of their children, especially as school boards attempt to install controversial curricula,” the 19 Republicans wrote. “Local law enforcement—and not the FBI—are the appropriate authorities to address any local threats or violence.” The October 25 letter was on the letterhead of the House Committee on the Judiciary and had no Democrat signatures.

Republican Senator Josh Hawley went a step further and asked for Garland to resign.