Inflation was going down under Biden, now it’s going back up

[GutterBoy 2,898]

2 hours ago, Baker Boy said:

I don’t have a problem with income inequality as long as it is achieved honestly. It is the corruption of the $5.8 billion dollars I have a problem with.

There was no corruption in the trillions that trump spent, right?

[League Champion 1,909]

Just now, GutterBoy said:

There was no corruption in the trillions that trump spent, right?

Talk of Biden, hypocrite 

[GutterBoy 2,898]

19 minutes ago, League Champion said:

Talk of Biden, hypocrite 

Biden is corrupt too, hypocrite 

[thegeneral 3,099]

2 hours ago, Baker Boy said:

I don’t have a problem with income inequality as long as it is achieved honestly. It is the corruption of the $5.8 billion dollars I have a problem with.

What is the 5.8 billion you are referring to?

[League Champion 1,909]

In what World do you live in where you don't see inflation

 

 

[The Real timschochet 6,582]

Two questions: 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas? 
 

 

[Hardcore troubadour 15,213]

4 minutes ago, The Real timschochet said:

Two questions: 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas? 
 

 

Gas has always been more in Europe. Western Europe doesn’t produce much oil. They are importers. Gas is cheaper in Saudi Arabia. Ever wonder why? 

[The Real timschochet 6,582]

17 minutes ago, Hardcore troubadour said:

Gas has always been more in Europe. Western Europe doesn’t produce much oil. They are importers. Gas is cheaper in Saudi Arabia. Ever wonder why? 

1. I do not believe we can lower the price of gas by producing more gas. Inevitably this is the conservative argument, but most experts on this subject disagree with it. The rebuttal by these experts is that if we produce more gas, Saudi Arabia will respond by producing less, so as to keep the price stable or high. I have never heard a good response from conservatives to this rebuttal. 
 

2. But even if it were true that we could lower gas prices by producing more gas, I don’t believe we should, because man made climate change is upon us sooner than we thought, it’s a calamity, and we shouldn’t make it even worse. 

[seafoam1 2,910]

33 minutes ago, The Real timschochet said:

1. I do not believe we can lower the price of gas by producing more gas. Inevitably this is the conservative argument, but most experts on this subject disagree with it. The rebuttal by these experts is that if we produce more gas, Saudi Arabia will respond by producing less, so as to keep the price stable or high. I have never heard a good response from conservatives to this rebuttal. 
 

2. But even if it were true that we could lower gas prices by producing more gas, I don’t believe we should, because man made climate change is upon us sooner than we thought, it’s a calamity, and we shouldn’t make it even worse. 

"man made climate change" 

[thegeneral 3,099]

1 hour ago, The Real timschochet said:

Two questions: 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

They are feverish googling this.

[RogerDodger 797]

40 minutes ago, The Real timschochet said:

1. I do not believe we can lower the price of gas by producing more gas. Inevitably this is the conservative argument, but most experts on this subject disagree with it. The rebuttal by these experts is that if we produce more gas, Saudi Arabia will respond by producing less, so as to keep the price stable or high. I have never heard a good response from conservatives to this rebuttal. 
 

2. But even if it were true that we could lower gas prices by producing more gas, I don’t believe we should, because man made climate change is upon us sooner than we thought, it’s a calamity, and we shouldn’t make it even worse. 

1. If we're anywhere close to being a net exporter of gas who cares.

2. 

[Ultra Max Power 214]

1 hour ago, Hardcore troubadour said:

Gas has always been more in Europe. Western Europe doesn’t produce much oil. They are importers. Gas is cheaper in Saudi Arabia. Ever wonder why? 

 It's amazing how glossed over this answer is. It's an Apples to Oranges comparison. The US controls its own destiny more than any other country outside of China. 

This is like Alabama losing 5 games in a season and people arguing that 70 other teams lost 5 games or more so its really not a bad season. 

[Ultra Max Power 214]

We've also destroyed the SPR in the process and just withdrew our last offer to buy 6 million more barrels of oil because "market conditions" aren't favorable. 

 

[Strike 5,376]

19 minutes ago, thegeneral said:

They are feverish googling this.

I schooled Tim on this topic in the PSF at FBG's.  Not going to do it again.  He does have the talking points memorized though, that's for sure.

[RLLD 4,191]

1 hour ago, The Real timschochet said:

Two questions: 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas? 
 

 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

The rate of inslation is slowing here because the Fed is fighting it, is fighting the mistakes Biden has made that fomented inflation.  If you think we can have inflation only in one country i cannot help you right now, macroeconomics is a worthy pursuit that would help.

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas?

Gas prices are global, national and local.  How much you have, import or produce will impact you locally. Whereas there is a globally-driven influence. And while production does have an impact (it is not as if oil is somehow immune from supply and demand) also too is speculation.  And where something arises that is observed to hinder capture, production or delivery...prices will rise on that alone....even if that impact is the cancellation of a oil line.

There is really nothing mysterious about any of this.  Biden came into office, and rather than be reasoned and careful, he sought only to unwind what Trump had built....which was profoundly good for people. notably the historically disenfranshised.  As Biden implemented his mistakes, it was only too easy to predict the outcomes....inflation....and all of us who pronounced this were laughed at....but when it hit, Biden tried to pretend it away instead of meeting it head on.....it was deplorable....then he lied and called it "transitory".....and some  businesses actually believed him. Sadly they did not move to protect themselves.

[RogerDodger 797]

45 minutes ago, RLLD said:

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

The rate of inslation is slowing here because the Fed is fighting it, is fighting the mistakes Biden has made that fomented inflation.  If you think we can have inflation only in one country i cannot help you right now, macroeconomics is a worthy pursuit that would help.

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas?

Gas prices are global, national and local.  How much you have, import or produce will impact you locally. Whereas there is a globally-driven influence. And while production does have an impact (it is not as if oil is somehow immune from supply and demand) also too is speculation.  And where something arises that is observed to hinder capture, production or delivery...prices will rise on that alone....even if that impact is the cancellation of a oil line.

There is really nothing mysterious about any of this.  Biden came into office, and rather than be reasoned and careful, he sought only to unwind what Trump had built....which was profoundly good for people. notably the historically disenfranshised.  As Biden implemented his mistakes, it was only too easy to predict the outcomes....inflation....and all of us who pronounced this were laughed at....but when it hit, Biden tried to pretend it away instead of meeting it head on.....it was deplorable....then he lied and called it "transitory".....and some  businesses actually believed him. Sadly they did not move to protect themselves.

[Blue Horseshoe 348]

1 hour ago, thegeneral said:

They are feverish googling this.

 

 

 

[lickin_starfish 1,917]

2 hours ago, thegeneral said:

They are feverish googling this.

You give yourself too much credit. None of your faggoty posts has me looking anything up, since I don't take arguments from pedophiles seriously.

[Blue Horseshoe 348]

1 hour ago, RLLD said:

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas?

Gas prices are global, national and local.  How much you have, import or produce will impact you locally. Whereas there is a globally-driven influence. And while production does have an impact (it is not as if oil is somehow immune from supply and demand) also too is speculation.  And where something arises that is observed to hinder capture, production or delivery...prices will rise on that alone....even if that impact is the cancellation of a oil line.

 

More things to add to RLLD's excellent post

A) Biden's policies on energy have essentially put a full halt on investment in refineries for diesel. Our nation's entire trucking industry lives and dies on diesel. And it has a cascading effect on prices everywhere for everything. There is also a dovetail impact on fuel for planes. Which then has a domino effect on commerce, mail, shipping, tourism and national security. To make that even worse, Biden traded Brittney Griner for Viktor Bout, the most notorious black markets weapons dealer in the entire world. One of his specialties is MANPADs, basically anti-aircraft missiles, which Biden left many of for the Taliban in the idiotic and chaotic "withdrawal" from Afghanistan. The radical leftist activists should think about that the next time they fly. Or their children fly. So for the unhinged activists reading this - Biden made it harder for people in transportation to keep their jobs, drove up prices for everyone, threatened national security, destroyed domestic energy independence and made it easier for all your children to get blown out of the sky and billed you for it with your own tax dollars. 

B ) The logistical pathway for drilling for oil goes hand in hand with natural gas production. Which still powers a full THIRD of America's total nation wide energy needs. You don't just hurt diesel and jet fuel on the back end, you are also hitting natural gas. 

C) The failed extraction from Afghanistan didn't just leave billions of dollars in high tech weapons to the Taliban and other terrorist groups. It also left the 2nd largest lithium deposits in the entire world. The Taliban immediately cut a deal with the CCP and Xi Jinping. Who has a world wide chokehold on electric car battery production? China. Who cut deals with China and their storefront "shell" companies for the CCP? James Biden, Joe Biden's brother. Several major banking institutions literally begged James Biden to stop making transactions that forced them to "Red Flag" him and his accounts, because they feared retaliation from the Joe Biden political machine. Who has personal investment in electric vehicle related companies and lied about it to Congress? Jennifer Granholm. And she also is pushing hard for the US military to convert all it's ground based vehicles to electric. The same companies that handle electric car batteries in China use different shell corporations and false fronts, of which some are known for production "precursor" For what? For shipping to Mexico to the Sinaloa Drug Cartel, to produce fentanyl to be pumped into American cities. How are these Cartel members armed to guard these shipments? With firearms sold to them by Obama, Biden and Eric Holder during Operation Fast And Furious. Particularly AK47s and anti-material rifles. 

If you want to give terrorists and drug cartels a bunch of guns paid for with American tax dollars to eventually kill more people in the United States, while destroying domestic energy production, then Joe Biden is your personal savior. 

By the way, for the radical leftists in here, if that wasn't enough, Cartel mules regularly rape little girls coming across the Border. Also engage in human trafficking for sexual slavery and prostitution. And up to 17 million women and little girls were left to be "war brides" in Afghanistan. To be sodomized and gang raped. If you are an innocent little brown girl somewhere in the world, Joe Biden has made it his personal mission to set the pathway for you to be open massacred like a pure human toilet. 

Of course timschochet won't address any of that. His only purpose is to gaslight people here. That's the thing about Tim, nothing he says is his own opinion, he only lays bait to try to get people banned later. 

[thegeneral 3,099]

6 minutes ago, lickin_starfish said:

You give yourself too much credit. None of your faggoty posts has me looking anything up, since I don't take arguments from pedophiles seriously.

Say it isn’t so, Lickin Starfish!

[The Real timschochet 6,582]

50 minutes ago, Blue Horseshoe said:

 

More things to add to RLLD's excellent post

A) Biden's policies on energy have essentially put a full halt on investment in refineries for diesel. Our nation's entire trucking industry lives and dies on diesel. And it has a cascading effect on prices everywhere for everything. There is also a dovetail impact on fuel for planes. Which then has a domino effect on commerce, mail, shipping, tourism and national security. To make that even worse, Biden traded Brittney Griner for Viktor Bout, the most notorious black markets weapons dealer in the entire world. One of his specialties is MANPADs, basically anti-aircraft missiles, which Biden left many of for the Taliban in the idiotic and chaotic "withdrawal" from Afghanistan. The radical leftist activists should think about that the next time they fly. Or their children fly. So for the unhinged activists reading this - Biden made it harder for people in transportation to keep their jobs, drove up prices for everyone, threatened national security, destroyed domestic energy independence and made it easier for all your children to get blown out of the sky and billed you for it with your own tax dollars. 

B ) The logistical pathway for drilling for oil goes hand in hand with natural gas production. Which still powers a full THIRD of America's total nation wide energy needs. You don't just hurt diesel and jet fuel on the back end, you are also hitting natural gas. 

C) The failed extraction from Afghanistan didn't just leave billions of dollars in high tech weapons to the Taliban and other terrorist groups. It also left the 2nd largest lithium deposits in the entire world. The Taliban immediately cut a deal with the CCP and Xi Jinping. Who has a world wide chokehold on electric car battery production? China. Who cut deals with China and their storefront "shell" companies for the CCP? James Biden, Joe Biden's brother. Several major banking institutions literally begged James Biden to stop making transactions that forced them to "Red Flag" him and his accounts, because they feared retaliation from the Joe Biden political machine. Who has personal investment in electric vehicle related companies and lied about it to Congress? Jennifer Granholm. And she also is pushing hard for the US military to convert all it's ground based vehicles to electric. The same companies that handle electric car batteries in China use different shell corporations and false fronts, of which some are known for production "precursor" For what? For shipping to Mexico to the Sinaloa Drug Cartel, to produce fentanyl to be pumped into American cities. How are these Cartel members armed to guard these shipments? With firearms sold to them by Obama, Biden and Eric Holder during Operation Fast And Furious. Particularly AK47s and anti-material rifles. 

If you want to give terrorists and drug cartels a bunch of guns paid for with American tax dollars to eventually kill more people in the United States, while destroying domestic energy production, then Joe Biden is your personal savior. 

By the way, for the radical leftists in here, if that wasn't enough, Cartel mules regularly rape little girls coming across the Border. Also engage in human trafficking for sexual slavery and prostitution. And up to 17 million women and little girls were left to be "war brides" in Afghanistan. To be sodomized and gang raped. If you are an innocent little brown girl somewhere in the world, Joe Biden has made it his personal mission to set the pathway for you to be open massacred like a pure human toilet. 

Of course timschochet won't address any of that. His only purpose is to gaslight people here. That's the thing about Tim, nothing he says is his own opinion, he only lays bait to try to get people banned later. 

I think you make some interesting points, particularly about diesel and lithium in Afghanistan (the latter I was, to be honest, completely unaware of and I’d like to learn more about.) Of course per usual these good points are surrounded by some very convoluted, really bizarre arguments. And I think your overall POV is way off but that’s no surprise. 
 

My questions were honestly posed and I appreciate the responses even if I disagree. Some of them having given me food for thought, particularly RLLD and yourself. For which I thank you. I have no intention of gaslighting anyone or trying to get anyone banned, even you. 

[Cdub100 3,879]

Read earlier today that the US will have a 1 trillion dollar per year interest payment within 5 years. Also, unemployment is a lagging indicator for a recession. That if you dive deeper businesses are cutting employees' hours and not bringing in contractors. That's the first step before layoffs.. 

This is insane and we are in for a world of hurt.

[The Real timschochet 6,582]

36 minutes ago, Cdub100 said:

Read earlier today that the US will have a 1 trillion dollar per year interest payment within 5 years. Also, unemployment is a lagging indicator for a recession. That if you dive deeper businesses are cutting employees' hours and not bringing in contractors. That's the first step before layoffs.. 

This is insane and we are in for a world of hurt.

The next President and Congress who seriously attempts to deal with our national debt will be the first ones to do so. 

[GutterBoy 2,898]

1 minute ago, The Real timschochet said:

The next President and Congress who seriously attempts to deal with our national debt will be the first ones to do so. 

I believe Gingrich and Clinton were the last ones to care.

[Hardcore troubadour 15,213]

1 hour ago, The Real timschochet said:

The next President and Congress who seriously attempts to deal with our national debt will be the first ones to do so. 

And be a one term president. The rich and the poor need the money the rest of us provide.  

[Cdub100 3,879]

I actually agree with all three of you idiots. Which shows we as a country are focked.

[easilyscan 908]

I don't believe gasoline is very high on the list of inflationary items we should be concerned about. A newspaper in my state did a story way back in 2006. What things cost then vs now.

A gallon of gas was $1.25 in 1980 & $2.40 in 2006. Adjusted for inflation, at that time it was down 22% https://www.imagebam.com/view/MEN8A6T

17 years later, the average price is $3.82 & only accounts for around 3% of the average family's budget. https://www.imagebam.com/view/MEN8A8I

We all like to see the price of our homes go up, but there's residual effects. Higher property taxes, higher homeowners insurance & at today's prices, a substantial % of families simply can't afford one. Rent is also obscenely high. The result of that has been a 15 year period of insatiable demand for low income/affordable housing. We all know who pays for that. Throw in the fact that the federal reserve (Jerome Powell) finally grew a pair and saw the damage done by close to a decade of zero interest rates, and you've got a real mess. 

So I'd say housing is the biggest, but certainly not the only issue. Seems almost everything is insanely priced right now. Had to have a root canal 2 months ago. $340 for the prep by my regular dentist, $2400 for the root canal by a specialist, & another $400 for a permanent crown. Around this time last year I had to replace my Maytag washer and dryer. I suppose I could've got by cheaper, but I wanted to do the right thing. So I purchased a Speed Queen set that are made right here in the US (Wisconsin) just under 3K. 

Inflation is a biotch 

 

 

 

 

[League Champion 1,909]

On 8/2/2023 at 6:21 PM, GutterBoy said:

Biden is corrupt

Duh, you dumb asss! 

 

[League Champion 1,909]

 

[League Champion 1,909]

 

[RLLD 4,191]

It would appear, based on some polling, that lying to people (p!ssing on their leg and calling it rain) is not working well.  Trying to suggest to them that their lived experiences are not true is becoming harder to sell. 

[Cloaca du jour 2,148]

Ill take misleading post titles for 500 Alex.

[Hardcore troubadour 15,213]

Why are we spending more on welfare in this robust economy with such low unemployment? 

[seafoam1 2,910]

Beer makers such as Anheuser-Busch and Molson Coors have raised prices on many of their popular beers. Beer prices rose 5.9% in the 12 months through April 2023, and are up 72% since the year 2000.

[Hardcore troubadour 15,213]

Yeah but the GDP is up slightly from a few years ago. 

[seafoam1 2,910]

22 minutes ago, Hardcore troubadour said:

Yeah but the GDP is up slightly from a few years ago. 

Great. More money to fund the war in Europe.

[League Champion 1,909]

I just paid $3,000 for a golf cart battery. WTF OLD MAN?? 

[Sagging Scrot 44]

2 minutes ago, League Champion said:

I just paid $3,000 for a golf cart battery. WTF OLD MAN?? 

Biden's America 

[JustinCharge 2,397]

On 8/3/2023 at 11:11 AM, The Real timschochet said:

Two questions: 

1. if the rate of inflation is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the rate of inflation? 

2. If the price of gas is lower here than it is in Europe and the rest of the world, why should Joe Biden be blamed for the price of gas? 
 

 

If racism is much worse in other parts of the world why should we blame whites here?  If slavery still exists in Africa why should whites be blamed here?

[seafoam1 2,910]

4 minutes ago, JustinCharge said:

If racism is much worse in other parts of the world why should we blame whites here?  If slavery still exists in Africa why should whites be blamed here?

If we have a little less slavery here than in Africa, then we are doing great.