Charlie Coleman

Farmer, Engineer, Econ instructor & biz intel/strategist.

Follow the science; Not the dogma
Macroeconomics drives local politics
#StopTheLockDown

NO LISTS

[Charlie Coleman @chasecoleman3rd]

How does an oligopolistic CEO get lured into making a (inaccurate) political statement that he must know will alienate half the consumers of his product line?

They don't teach this stuff n B school but every junior brand manager knows better than 2 drive off an existing customer

[Charlie Coleman @chasecoleman3rd]

Biden's April report card

Core inflation (w/o food and energy) rose nearly 1% since last month - highest since 1982

Used car &truck prices rose 10% - highest since measurement started in 1953

And Biden stimulus still has $2 trillion to spend

https://t.co/uRuAOwJVLI

[Washington Examiner @dcexaminer]

Treasury Secretary Janet Yellen said the @FederalReserve may need to raise interest rates to prevent the economy from overheating.

https://t.co/bGdvKxBEXM

[Charlie Coleman @chasecoleman3rd]

The economics lesson of the day for @POTUS and the democrats: Federal supplemental unemployment and other "COVID" payments are crowding out work.

Over 11 million US workers are sitting at home (or moonlighting off the books) b/c they are being paid to.
https://t.co/6MXFhkudTu

[Here's Johnny @johnnyrwhitsett]

First time in 70 years, no prayer service in the US Capital on the National Day of Prayer

[Charlie Coleman @chasecoleman3rd]

Biden attempts to invalidate commercial COVID patents
https://t.co/76YmFnFlvr

[The American Storm @BigJoeBastardi]

https://t.co/VYen3Y19MO good point. Whats the use if its never ok

[Kip Herriage @KHerriage]

Fed Reserve Minutes: "inflationary pressures remain subdued. Our inflation target remains 2%”.

Real world inflation levels;

-Steel +145%
-Lumber +122%
-Oil +76%
-Soybeans +71%
-Corn +67%
-Copper +48%
-Silver +40%
-Cotton +35%
-Wheat +27%
-Food Index +25%

Thanks, money printers

[Charlie Coleman @chasecoleman3rd]

SK Innovations reaches last minute deal with LG Energy to clear the way for embattled Georgia plant to open
https://t.co/gJZHEQYu26

[Adam Carolla @adamcarolla]

If you tweeted this 9 months ago twitter would have shut you down

[Charlie Coleman @chasecoleman3rd]

Central Americans respond to incentives

[NumbersUSA @NumbersUSA]

Illegal border crossers (and visa oversstayers) respond to incentives. @POTUS & @SecMayorkas are incentivizing and rewarding illegal immigration. They are also incentivizing and rewarding human smuggling, child trafficking, and enriching cartels.

[Tony Heller @Tony__Heller]

"Have no respect whatsoever for authority; forget who said it and instead look what he starts with, where he ends up, and ask yourself, "Is it reasonable?""

- Richard P. Feynman

[Charlie Coleman @chasecoleman3rd]

Meanwhile climate alarmists point to lack of snow in Stockholm and Moscow. Weather is like that.

[Tom Nelson @TomANelson]

"Temps hit 38 below zero in Alaskan city, setting new April record...A cold snap this extreme in April hasn’t been experienced in the Fairbanks area since 1911"
https://t.co/9ulpZgXKgD

[Charlie Coleman @chasecoleman3rd]

Manchin's roadmap is "regular order" - bottom-up approach where legislation created in committee rather than being handed down by leadership. Takes a lot longer and requires compromise to accomplish.

[Jim Tankersley @jimtankersley]

Maybe you read the latest Joe Manchin op-ed as a red flag for infrastructure. It wasn't. It was a road map for what's coming next. Allow @hillhulse & me to break it down: https://t.co/QIcWCTD338 1/

[Charlie Coleman @chasecoleman3rd]

It is sad that NHS resorts to rationing

[The Truth Midwife @KellyMartin_UK]

So my mum tried to get a doctors appointment again today. Yesterday she was 23rd in the queue at 8am, today she was 29th in the queue. So really, if you want a doctor you can't get one, if you need a hospital appointment you can't get one, remind me why we are protecting NHS?

[Charlie Coleman @chasecoleman3rd]

Biden's proposal for a 21% minimum global corporate tax could destabilize important trading partners
https://t.co/FBP957GjWk

[Charlie Coleman @chasecoleman3rd]

"Good-paying green jobs" have proven elusive and govt picking winners and losers a failure.

Free market much more efficient

[Charlie Coleman @chasecoleman3rd]

The implication is that the FED is reducing the money supply which should begin to raise interest rates

[Steve Hanke @steve_hanke]

The @federalreserve's balance sheet contracted by $30.6 billion this week alone. With inflation just around the corner, maybe the #Fed finally realizes that it's put too much fuel in the furnace.

[Charlie Coleman @chasecoleman3rd]

Delta's CEO made similar errors but he operates in a regulated market. (Try flying into ATL w/o flying Delta.)
In the soft drink market brand managers strive to maintain Economic Profits via product differentiation. Reckless political behavior by an exec can damage brand loyalty

[Charlie Coleman @chasecoleman3rd]

How does an oligopolistic CEO get lured into making a (inaccurate) political statement that he must know will alienate half the consumers of his product line?

They don't teach this stuff n B school but every junior brand manager knows better than 2 drive off an existing customer

[Charlie Coleman @chasecoleman3rd]

The gist is Coca-Cola's CEO Quincey was pressured into making a statement on the #GeorgiaVotingLaw when he clearly hadn't read it