Monday, November 15, 2021

U.S. Customs and Border Protection Newsroom Update

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11/15/2021 06:24 PM EST

WASHINGTON — U.S. Customs and Border Protection (CBP) today released operational statistics for October 2021, which can be viewed online here."CBP's workforce continues to demonstrate excellence and dedication as they manage heightened travel...

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The Dirty Little Secret

                                                           
The Democrats continue to be flummoxed by the unpopularity of their leadership with the American people. The stock market keeps hitting record highs, unemployment has fallen to levels that would have...
 
Breitbart Business Digest
November 15, 2021
 

Today's Top Stories From the Breitbart News Desk

The Democrats continue to be flummoxed by the unpopularity of their leadership with the American people. The stock market keeps hitting record highs, unemployment has fallen to levels that would have been viewed as unsustainably low just a few years ago, wages are rising swiftly, and corporate profit margins are unexpanding. Americans are so confident in their job prospects that they are voluntarily quitting in record numbers.

Yet President Joe Biden's approval ratings keep plummeting, and views of his economic policies are deeply underwater. Consumer sentiment hit the worst level in a decade, lower even than at the depths of the pandemic in 2020. And this is no doubt exacting a political toll, emboldening critics of White House policies on Capitol Hill and sapping the ability of the president or Capitol Hill leadership to drag lawmakers along with their legislative plans.

The problem, of course, is that prices are rising faster than wages. Alan Tonelson calculates that real wages fell 1.8 percent in the February through October period over which Biden has presided. For non-supervisory workers, wages are down 1.5 percent. In other words, workers are poorer than they were before Biden took office. That's not what people were promised in exchange for pulling the lever for the Democrat.

And it feels even worse than that. Food and gasoline are probably the most salient areas of inflation for most middle class families, followed by household durable goods and automobiles. Food prices are up 10.5 percent, which makes for some eye-popping credit card bills at the end of each month. Gasoline prices are felt even more frequently. New cars are hard to find, and used cars are up by nearly 25 percent nationwide and closer to 30 percent in some areas.

So it is particularly dumb for some of the administration's supporters to adopt the view that inflation is not really so bad. Yet they keep doing so. Over the weekend, MSNBC anchor Stephanie Ruhle said that "the dirty little secret" of the American economy is that "while nobody likes to pay more, on average, we have the money to do so." Far from making Americans feel better about inflation, this kind of thing is likely to convince them that their elites are unlikely to do anything to arrest the problem. After all, it's only the middle class getting squeezed, and the only things getting more expensive are the necessities. Other than that, everything is fine. Or at least it will be once the coastal elites can fully deduct their state and local taxes.

Alex Marlow & John Carney
Breitbart News Network

 
 

TOP STORY

 
Bidenflation: Tyson Foods Says It Is Sharply Raising Prices
Tyson Foods sharply raised prices on beef, chicken, and pork, pulling its profits and sales above estimates in the most recent quarter. The Arkansas-based meat giant—which produces around 20 percent of all U.S. beef chicken, and pork—said it had lifted prices across all of its major business units. "Inflation has clearly had an impact on the business," chief executive Donnie King said on Monday. "Our commercial teams have successfully pursued inflation justified pricing, delivering top-line growth for the business to offset the cost increases. As rates of inflation continue, so will our pricing actions." [Click here for more]
 

IN OTHER STORIES...

MSNBC's Stephanie Ruhle: 'Dirty Little Secret' About Inflation Is People Can Afford It
NBC News senior business correspondent and MSNBC host Stephanie Ruhle said Sunday on "Today" that the "dirty little secret" about soaring inflation was, on average, people have the money to pay more for goods. Ruhle said, "Nobody knows exactly when they're going down, but you have to put all this in perspective. This inflation is not in isolation, and the government predicted it was going to be a challenging recovery, recovery all tied to Covid. So it's why you see things like that expanded... [Click here for more]
 
Study: Build Back Better Act Costs $4.91 Trillion
The Build Back Better Act would cost $4.91 trillion, not $1.75 trillion as Democrats have claimed, according to a study released Monday. The Committee for a Responsible Federal Budget released their analysis of the Democrats' reconciliation infrastructure bill, the... [Click here for more]
 
Psaki on Inflation Concerns with Spending Bill: It Cuts Child Care, Health, and Housing Costs, Will Help Inflation in the Long Term
On Monday's broadcast of CNN's "Situation Room," White House Press Secretary Jen Psaki responded to inflationary concerns about the Build Back Better reconciliation bill by arguing that inflation increases cost and the bill will lower the costs of child care, health care, and housing and economists say the plan will help inflation in the long term. Host Wolf Blitzer asked, "Should that spending plan, though, be delayed, Jen, until next year, given that inflation here in the United States has now risen to a... [Click here for more]
 
Joe Biden, Democrats Seek $625 Billion Tax Cut for Wealthy Coastal Elites
President Joe Biden's "Build Back Better Act," a filibuster-proof $1.75 trillion budget reconciliation package, gives $625 billion in tax cuts to the nation's wealthiest blue state residents. Slipped into the reconciliation package are hundreds of billions of dollars worth of tax cuts for the Democrat Party's wealthiest donors, that would be paid for by America's working and... [Click here for more]
 
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Known for his network of conservative Web sites that draws millions of readers everyday, Breitbart had one main goal: to make sure the "liberally biased" major news outlets in this country cover all aspects of a story fairly. Breitbart is convinced that too many national stories are slanted by the news media in an unfair way. Here, Breitbart talks about the key issues that Americans face, how he has aligned himself with the Tea Party, and how one needs to deal with the liberal news world head on.

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U.S. Customs and Border Protection Newsroom Update

You are subscribed to Newsroom for U.S. Customs and Border Protection. This information has recently been updated, and is now available.

11/15/2021 05:18 PM EST

MCALLEN, Texas — Border Patrol Agents rescued a man from a burning vehicle just after it crashed south of McAllen, Texas.On Nov. 13, McAllen Border Patrol Station agents heard a vehicle crash near Expressway 83 eastbound Frontage Road and Bentsen...
11/15/2021 05:18 PM EST

GRAND FORKS N.D. — With the winter season in full swing, hunters are hitting the woods along with snowmobilers and skiers.  We hope all hunters have a safe hunting season and wish everyone luck on their hunts this year.  We also hope that everyone...
11/15/2021 05:16 PM EST

EDINBURG, Texas – Rio Grande Valley Sector Border Patrol (RGV) agents interdicted six migrant smuggling attempts over the weekend that resulted in 78 arrests. On Nov. 12, a Kingsville Border Patrol Station agent attempted to conduct a vehicle stop...
11/15/2021 04:45 PM EST

EDINBURG, Texas – Rio Grande Valley Sector agents arrested two Mara-Salvatrucha (MS-13) gang members with criminal histories in their home country of El Salvador and two Guatemalan nationals previously convicted in the United States of sex crimes...
11/15/2021 03:10 PM EST

LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized narcotics in two enforcement actions this weekend, that totaled over $53,200,000 in street value."Attempts to smuggle contraband through...
11/15/2021 02:45 PM EST

LAREDO, Texas – Laredo Sector Border Patrol agents apprehended over 100 individuals in three separate human smuggling attempts.The first incident occurred on Nov. 12, when a tractor-trailer approached the U.S. Highway 83 checkpoint.  Agents...

 




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