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Joined 1 year ago
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Cake day: August 9th, 2023

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  • inflation skyrocketed under the Biden administration

    Being in office doesn’t mean he caused it. More money was printed during Trump’s term, COVID messed up supply chains, Russia invading Ukraine messed up supply chains again, avian flu has been forcing us to cull large amounts of poultry. None of this was done by Biden. You may have heard this before but the President has far less control over the economy and deserves far less credit for it (good or bad) than they get.

    Biden destroyed forty percent of black owned businesses

    All I can find when I search “40% black owned businesses” are talking about the early part of COVID lockdowns, which occurred under the Trump administration. Can you provide a source of this occurring under Biden?








  • I’m not sure what you mean by in there but yes, the heat would be transferred to the environment.

    E=m(c^2) describes how much energy is contained in matter. It’s useful for nuclear reactions, but your body isn’t a nuclear reactor and you aren’t consuming substantial quantities of radioactive isotopes, like uranium ore, that will decay on their own so it isn’t relevant here.






  • But why are the prices of food rising faster than the costs paid by companies (this is inclusive of all costs)? The naive assumption is that if all costs were originally x and prices were 1.1x, then as costs become 1.3x, prices become 1.1*1.3x. However, their profit margins as a percentage rose. So instead of 1.1 we now have 1.4.

    Obviously the numbers used are fake, but this is why people are angry and it’s not something I’ve seen explained using economic principles that don’t involve terms like market consolidation at best or collusion at worst on any article. Rage sells so telling people their groceries cost more because there aren’t enough grocers or the grocers are collaborating is good business for newspapers as long as they can find an expert or group to make the allegations for them.