U.S. economy shrank at a 1.4% annual rate in the first quarter

Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by usrn on Thursday April 28, 2022 @09:05AM (#31191970)

They're saying there will be food shortages this year. Combined with mass immigration from failed states (so already bringing violence + spreading what little we have even thinner) civil unrest is certain.

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by paywallasinbeer on Thursday April 28, 2022 @09:43AM (#31192336)

The White House is saying the opposite in relation to food shortages: https://twitter.com/TPostMillennial/status/15190405387790377...

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by incomingpain on Thursday April 28, 2022 @09:48AM (#31192400)

https://www.bloomberg.com/news/articles/2022-03-24/biden-say...

In terms of farmers retiring with a non-zero reduction of food produced but also farmers in north america getting more $ to ship their food overseas. In addition to food inflation pushing food prices up to unaffordable levels.

I agree with biden, food shortages will be happening.

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by paywallasinbeer on Thursday April 28, 2022 @09:54AM (#31192463)

That seems like an odd mismatch between Biden and Psaki. Do you think it's possible Biden was speaking about the World, more specifically Europe, and Psaki was speaking about the US? If not, I am curious as to why you think there is a mismatch between them on this issue.

Non paywall link to that article: https://archive.ph/Rbnv4

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by Consultant32452 on Thursday April 28, 2022 @10:19AM (#31192761)

I have no idea what's going to happen with food, but it's very common for Biden to say something and then Psaki or other administration officials to walk it back.

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by incomingpain on Thursday April 28, 2022 @10:37AM (#31192997)

There has been quite a few examples of Biden saying something and the white house backpedaling on the comment.

It's a very real issue that lots of people beyond Biden have commented on.

Ukraine does produce significant food/calories. This is almost certainly going to be bad for europe.

I made the obvious case about what might happen soon. I am happy to believe Psaki is the one who is wrong. Which is not really difficult to believe given trackrecord.

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by causi on Thursday April 28, 2022 @09:48AM (#31192395)

Maybe not this year and maybe not in the US, but next year much of the world will see significantly reduced food production both as a result of war/sanctions with food-exporting nations and a global fertilizer shortage.

https://i.imgur.com/DqKpRbU.gif

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by JaimeThompson on Thursday April 28, 2022 @09:17AM (#31192087)

States as in countries or states as in US states?

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by thoughtstheseus on Thursday April 28, 2022 @09:37AM (#31192269)

Countries. The war in Europe is disrupting food production and fertilizer sourcing. There’s enough food but the logistics are screwy and many countries do not store food.

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Re:U.S. economy shrank at a 1.4% annual rate in the first qu... by giraffe_lady on Thursday April 28, 2022 @09:26AM (#31192165)

Wait do we have little now? When did that change because when I look around I see much, much that we won't share.

Do immigrants always bring violence? Why did their states fail anyway? Could we have had a hand in that, bear some responsibility?

Whatever the specifics of the answers you see to these questions your comment sucks. It's using racist fears to stoke xenophobic resentment.

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