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A comment on U.S. economy shrank at a 1.4% annual rate in the first quarter. Parent comment

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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