294. CRISIS! Unemployment, Inflation, and Gas Prices
The ITT crew tackles the unemployment, inflation, and gas crises. To no surprise, the government pouring free money into the economy has not helped.
Be sure to subscribe to our podcast on Youtube, Apple Podcasts, Spotify, Google Play, iHeart, and wherever you get your podcasts. The Heartland Institute's Donald Kendal, Jim Lakely, and Nate Myers present episode 294 of the In the Tank Podcast, recorded live at noon CT on Thursday, May 13. The ITT crew talk about America suddenly facing one crisis after another, and talk about how they could (and should) have been prevented.
They tackle the unemployment crisis, where (shocker) people getting “stimulus” checks and extended unemployment benefits find sitting at home a better option than returning to work. They talk about the inflation crisis, where (shocker) the government pouring trillions of “free money” into the economy has real-world ramifications. And they talk about the gas crisis, where (shocker) the Biden administration stopping fracking and canceling the Keystone XL pipeline — as well as the Russian hack that crippled the most-important pipeline on the east coast — has a real-world effect on gas prices.
WSJ - Millions Are Unemployed. Why Can't Companies Find Workers?
(Video) - Biden on people being paid to stay home
Reason - The Jobs Picture is More Complex Than It Seems
NPR - Biden: Americans Will Lose Unemployment Benefits If They Turn Down Jobs
CNBC - Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008
The Blaze - Bank of America warns of HYPERINFLATION 'at the very LEAST'
WaPo - Fuel shortages crop up in Southeast, gas prices climb after pipeline hack
Bloomberg - Gasoline Prices Hit $3 as Shortages Grow on Pipeline Outage