{"id":34512,"date":"2021-11-07T19:52:01","date_gmt":"2021-11-08T01:52:01","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=34512"},"modified":"2021-11-07T19:52:01","modified_gmt":"2021-11-08T01:52:01","slug":"is-just-in-time-really-just-barely-ctd","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2021\/11\/07\/is-just-in-time-really-just-barely-ctd\/","title":{"rendered":"Is \u2018Just In Time\u2019 Really \u2018Just Barely\u2019? Ctd"},"content":{"rendered":"<p>Weighing in on the alleged <a href=\"https:\/\/huewhite.com\/umb\/2021\/10\/14\/is-just-in-time-really-just-barely\/\" target=\"_blank\" rel=\"noopener\">economic recovery<\/a> is <a href=\"https:\/\/jabberwocking.com\/chart-of-the-day-consumers-are-buying-and-buying-and-buying\/\" target=\"_blank\" rel=\"noopener\">Kevin Drum<\/a>:<\/p>\n<blockquote><p><a href=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-34513\" src=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=800%2C404&#038;ssl=1\" alt=\"\" width=\"800\" height=\"404\" srcset=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?w=1266&amp;ssl=1 1266w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=300%2C151&amp;ssl=1 300w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=1024%2C517&amp;ssl=1 1024w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=768%2C388&amp;ssl=1 768w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=150%2C76&amp;ssl=1 150w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/10\/drum_retail_sales_september_2021.jpg?resize=250%2C126&amp;ssl=1 250w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>Retail sales are so strong that they&#8217;ve not only made up the decline from the pandemic, they&#8217;ve made up the decline from the entire housing bubble. We may be &#8220;missing&#8221; 5 or 9 or 10 million workers, and supply chain problems may be restricting the supply of goods, but that sure hasn&#8217;t stopped consumers from buying stuff.<\/p><\/blockquote>\n<p>Indeed. Perhaps consumers are sucking so hard on the straw that it&#8217;s collapsing.<\/p>\n<p>Maybe that&#8217;s an unfortunate analogy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weighing in on the alleged economic recovery is Kevin Drum: Retail sales are so strong that they&#8217;ve not only made up the decline from the pandemic, they&#8217;ve made up the decline from the entire housing bubble. We may be &#8220;missing&#8221; 5 or 9 or 10 million workers, and supply chain \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2021\/11\/07\/is-just-in-time-really-just-barely-ctd\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34512","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/34512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=34512"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/34512\/revisions"}],"predecessor-version":[{"id":34514,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/34512\/revisions\/34514"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=34512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=34512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=34512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}