Top economists are now warning of the truly dire consequences another round of forced lockdowns could have on the US economy.
As The Daily Wire reports:
Agricultural economist Damian Mason is warning that renewed COVID-19 shutdowns will cause higher food prices and a wave of shortages.
“The food processing facilities will really be pushing it because they are already under capacity because they can’t get workers,” Mason, who also owns a farm in Indiana, told Fox Business. “Omicron implications will limit capacity that is already limited and will increase prices due to curtailing supply and may even put a fear jolt into grocery availability (again). The worst thing would be government imposed shutdowns of the facilities because it would spike shortages.”
Mason discussed the threat of “Regu-flation” — defined to the outlet as “when increased operational and production costs, imposed by expanded government regulation, combine with already rampant inflation in the marketplace.”
“The same government that told you food inflation was a mere 5.4% despite evidence to the contrary also told you the pain you’re feeling at the grocery checkout is ‘transitory,’ or temporary,” Mason added. “It’s not. Food prices will continue to accelerate and are likely to outpace the rate of overall inflation due to the reasons I’ve outlined above, none of which are going away. Welcome to the era of ‘Regu-flation,’ where rules and policy make it more expensive to eat.”
The latest data indicates that inflation grew by 6.8 percent in November, the fastest rate in almost forty years.
Just can not stop pushing this dooms day stuff.The MSM is a communist run demon.They want us all to just kill our self.If you do not have the guts just take the vaccine.
The Government just wants to get richer and the people can suffer because they just don’t care about anyone, but their self
I hope the voters that voted Democrat wake-up and see the big lies that they come up to get the position they want and than forget all the promising they did and the people.
Who will fire the first shot? Food shortages will be the trigger can’t the military do something? For Pete’s sake do something
The only way to stop it is eliminate sleepy dementia joe
Democrats aren’t worried about the food storage, their freezers are packed ,or they have money to eat out
Brandon, where are you Brandon?
Just DO NOT COMPLY.
I and many others are sick of these Chicken Littles running in circles, screaming and shouting while pretending that this puny little coronavirus is the Black Plague of the 21st century. If you have not read Archbishop Vigano’s letter to America, please find it and read it today! He discloses the sinister Globalist plot hatched by oligarchs to seize control.