What Is The Next Created Crisis?
What Is The Next Created Crisis?
I think about the worker shortage the same way I think about the gas shortage.
It’s a created crisis. A made up mistake. In other words, and let me be crystal clear on this.
There is no worker shortage. How do I know? Because we are a capitalist country.
I see a bunch of old rich white men on television telling me how great capitalism is, and how it works for everybody. I even get to participate in capitalism. Like when the news says there is a gas shortage in North Carolina because the sky is falling, I pay double for a gallon of gas.
That is capitalism in action.
Economists call it supply and demand. When supply decreases, but demand remains the same, prices go up. It can happen when supply stays the same, but demand goes up. You see it with a lot of things because you participate in capitalism too. Prices go up when supply is low.
Capitalism.
What you are seeing is not a new narrative. It’s a bunch of business owners bemoaning the fact that they have to pay a better wage. Here in Arkansas, café’s pay $3 an hour, plus tips. The way they sold this to low income earners was “you can make more money on tips!” And sometimes that happens. Sometimes it doesn’t. But the wait staff puts up with a lot of crap for $3 an hour.
Oh yeah, did the business owner mention each shift is only 4 or 6 hours? They need that wage to be low so they can control costs. Except they don’t.
Beef costs more today because of processing plant changes. Produce costs more because of increased management at the border. They won’t let workers cross the border, so produce isn’t getting picked.
There is a shortage of truck drivers to deliver all the goods. It starts to become maddening when you think about it. Except, I know a guy who owns a trucking company. He made $250,000 last year. He pays his truckers an average of $60k each. His girlfriend works as his Manager of their two man office, and he paid her $180,000.
It’s his company, and he can earn what he likes. They do work hard, and stay busy.
But theirs is not the only story I know in real life. I have a friend in the lumber industry who runs close to the same margins. That is the advantage of owning the business. And it’s capitalism and it works just fine.
Because low wage earners don’t have much alternative other than to just work for the wage offered.
Until this year. For six months. They had a choice. They got some stimulus money. And they spent the hell out of it. The economy grew at 6.8%, a huge number. Wal Mart reported record breaking earnings.
The stock market and crypto markets surged to new heights because of spendable money.
$3 an hour for a 6 hour shift, plus $20 in tips couldn’t compete with $500 a week. It never will.
In Arkansas, the governor decided enough was enough.
To continue reading, please go to the original article here:
https://lowrychris.medium.com/what-is-the-next-created-crisis-d485a92e3481
KTFA
Clare: Doberdani: Parliament will vote on Monday to complete the cabinet formation of al-Zidi's government.
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Member of Parliament Sherwan Dubardani, from the Kurdistan Democratic Party bloc, revealed that Parliament will vote, during its session scheduled for next Monday, on filling the vacant ministerial portfolios and completing the government formation of Prime Minister Ali Falih al-Zaidi.
Doberdani said that a series of talks between the main political forces and blocs led to an understanding regarding granting confidence to the candidates for the ministries that have not yet been decided within Al-Zidi's cabinet.
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Good Morning Dinar Recaps,
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KTFA
Friday Night Video
FRANK26…10-9-26…….TELL ME MORE
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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Bruce’s Big Call Dinar Intel Thursday Night 10-8-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the Big Call tonight. It is Thursday, October eighth, and you're listening to the Big Doll. We do have a little echo in the background, and it may be affecting the recording. We don't know, but it's not going to deter us from continuing with the call.
I appreciate that, Bob. Thanks. Let's let's go ahead and talk about where we are on Intel today. This is not going to be a super long segment. I don't plan to to drag it out. you know. You guys know I try to come up with a reasonable timeline based on the intel that we get, so we can kind of get an idea of when everything is going to go.
Good Afternoon Dinar Recaps,
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The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Straight reporting on Iraq’s economy. CBI policy, the budget, oil, banking reform, and the exchange rate — read clean and interpreted without the noise. This channel started as daily phone calls to Mom with the latest dinar news. After she passed in 2022, I built a team so that same standard could keep going for everyone following the story.
Follow MM on X == https://x.com/Slashn
“Still on Course” – RV/GCR Live Chat from Wolverine 7-8-26
We got some good news coming through. we are still on course to get this done and nothing has changed. The private contractor are waiting for notifications to get paid all contracts signed and waiting for banks to release the funds. We are talking about over quintillions of dollars, this amount of funds are not accomplished during regular banking hours, and people are waiting.
Tier4B I am not into that and Tony has given the intel for this.
I do have some good news regarding Dinar.
Emailed to Recaps~Thank you David
Reset Intelligence: Iraq Goes First
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Think about something everybody understands:
We buy a house. We want a deed.
We buy a car. We want a title.
KTFA
Thursday Night Video
FRANK26……10-8-26….NICE TRY PARLIAMENT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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Should Paper Checks Be Abolished Like The Penny?
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While Americans are writing fewer checks, they haven't abandoned this means of payment.
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Should the U.S. follow these other countries and broadly eliminate the ability to write checks?
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TNT:
Tishwash: Iraqi PM to visit Saudi Arabia, Kuwait
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During the tour, Al-Zaidi is expected to reaffirm Iraq’s rejection of any attacks launched from its territory against Gulf or other regional states and stress that his government would hold accountable any party involved in such cross-border operations, according to the source.