Dee Feat is in Dee Flation, Part 12

The monthly data is out, and the non-farm payrolls are a bit better than expected.  Two flies, that have so far gone unremarked:  government jobs continue to be scorched, mostly state and local, of course, so the poor states will get poorer by way of the negative multiplier; and earnings are flat, which means Our Capitalists are creating "want fries with that" jobs rather than "I'll have the filet" kind of jobs.  With earnings flat, the only inflation momentum in the economy will come from shortages, some real, such as food, and manufactured, such as petroleum.  The 1%-ers, who clearly now run this benighted country, will demand monetary solutions (of which there are none), and Obambi will cave in as he always does, thus cementing his 1937 moment.  And I voted for this patsy!