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

[RLLD 4,230]

Have to give some credit to the Fed for squaring off against the inflationary policies of the admin and working this sequence with some skill......and that is not easy for me to do as I have really detested the Fed for a few decades now.....

I am not sure the move to redefine recession has helped in the way they hoped it would though.  These folks seem to think if they lie frequently enough people will just assume its true.....but people are living lives under stress now for a couple of years, and it need not have been this way.  I think they are tired of policies that simply do not work for them, and are ready to move on from this failed attempt.

[Ultra Max Power 214]

Inflation up again for second month in a row.   Higher energy and shelter costs will likely keep this a trend through the rest of the year.  

[avoiding injuries 1,580]

Build Back Better

[RLLD 4,230]

8 hours ago, Ultra Max Power said:

Inflation up again for second month in a row.   Higher energy and shelter costs will likely keep this a trend through the rest of the year.  

As i predicted, the Fed will have to raise rates at least two more times....   thelowing of inflation growth will require this move. And let me further note that his will only slow the growth, we will have to live with this elevated inflation for some time to come. Our only real hope now is that during the next election the Republicans are able to gain greater power in the government, they have shown some ability to handle economics properly; though they still manage to fock sh!t up too.....

[Gepetto 1,368]

Look at the Washington Post with a story on black Friday minimizing Biden administration responsibility. 

https://www.washingtonpost.com/business/2023/11/24/bigmac-price-tiktok-biden-economy-inflation/

May be easier to read on yahoo (who copied the story). The comments section of yahoo is worth a glance too. 

https://www.yahoo.com/news/viral-16-mcdonalds-meal-may-181549309.html

[League Champion 1,911]

And interest rates have gone up since this was published. Happy Holidays, especially to you single Moms who won't be celebrating Christmas because of Joe Biden. 

 

 

[The Real timschochet 6,764]

11 hours ago, Gepetto said:

Look at the Washington Post with a story on black Friday minimizing Biden administration responsibility. 

https://www.washingtonpost.com/business/2023/11/24/bigmac-price-tiktok-biden-economy-inflation/

May be easier to read on yahoo (who copied the story). The comments section of yahoo is worth a glance too. 

https://www.yahoo.com/news/viral-16-mcdonalds-meal-may-181549309.html

Thanks for posting. The article makes it pretty clear that: 

1. Biden was not responsible for inflation 

2. Biden’s plan of reducing inflation is extremely successful. 

3. But it hasn’t gone down enough so the public is still unhappy. 
 

Obviously #3 is problematic for Biden. Reasonable people have to keep pointing out the first two points and hope for the best. 

 

[League Champion 1,911]

16 minutes ago, The Real timschochet said:

Biden’s plan

What exactly is his plan?? It's not working.

It's his job to fix it, not make it worse. 

[Hardcore troubadour 15,433]

1 minute ago, League Champion said:

What exactly is his plan?? It's not working.

It's his job to fix it, not make it worse. 

According to the article, “other legislative measures”.  

[League Champion 1,911]

6 minutes ago, Hardcore troubadour said:

According to the article, “other legislative measures”.  

In other words, he has no clue what to do. 

[ROCK BOTTOM 58]

 

[avoiding injuries 1,580]

15 minutes ago, League Champion said:

In other words, he has no clue what to do. 

 

21 minutes ago, Hardcore troubadour said:

According to the article, “other legislative measures”.  

Sending money overseas to support wars that we shouldn’t be involved in. 

[avoiding injuries 1,580]

5 minutes ago, ROCK BOTTOM said:

 

Like the guy who got arrested for the Hillary meme, this BigMac video may cost the originator their freedom. 

[HellToupee 1,776]

1 minute ago, avoiding injuries said:

 

Sending money overseas to support wars that we shouldn’t be involved in. 

Someone has to pay the public pensions, unemployment & teachers salaries in Ukraine 

[The Real timschochet 6,764]

22 minutes ago, League Champion said:

What exactly is his plan?? It's not working.

It's his job to fix it, not make it worse. 

And he has made it much better. Grow the economy by spending more on infrastructure, and allow the Fed to raise interest rates. Most important of all, increase the international trade that Trump tried to shut down (which, along with Covid, was the main cause of the inflation in the first place.) 

The plan is working. Inflation is 3%, much lower than it was. Is it solved yet? Obviously not. But it’s a work in progress. What’s the alternative? I know what Republicans want: more drilling, as if that will solve anything. More high tariffs as if that won’t make things much worse. All conservatives offer is criticism with no solutions of their own that will work. 

[The Real timschochet 6,764]

3 minutes ago, avoiding injuries said:

 

Sending money overseas to support wars that we shouldn’t be involved in. 

Putting aside the fact that you’re 100% wrong and we absolutely should be involved in helping Ukraine, that spending is completely boosting the economy, creating thousands of jobs in our defense industry. And it’s pennies on the dollar compared to what we will have to spend on NATO if Ukraine ever falls. 

[The Real timschochet 6,764]

And gas prices are plunging: 

https://www.nytimes.com/2023/11/22/business/energy-environment/gas-prices-thanksgiving.html

Of course this gets ignored. If gas was higher all of you would be highlighting it. 

[avoiding injuries 1,580]

3 minutes ago, The Real timschochet said:

The plan is working. Inflation is 3%, much lower than it was. 

3% over the 6.5% last year and the 7% the year before. Equaling the same inflation for the 10 years before Biden. 
You’re not going to be able to spin this to anyone who’s actually experiencing it in real life, no matter what articles you link. 

[avoiding injuries 1,580]

5 minutes ago, The Real timschochet said:

And gas prices are plunging: 

https://www.nytimes.com/2023/11/22/business/energy-environment/gas-prices-thanksgiving.html

Of course this gets ignored. If gas was higher all of you would be highlighting it. 

Can’t read your link, but gas goes down every year after the summer months. 

[Cloaca du jour 2,150]

1 minute ago, avoiding injuries said:

Can’t read your link, but gas goes down every year after the summer months. 

Winter Blend. 

He needs to change his name to TheRealGaslighter

[Hardcore troubadour 15,433]

20 minutes ago, avoiding injuries said:

 

Sending money overseas to support wars that we shouldn’t be involved in. 

It’s pretty telling when they are making the case for what he has done but won’t lay out what he has done.  It’s just ridiculous at this point the lengths they go to for the left. Real Tim reads that and doesn’t bother to wonder what they are. Just swallows the junk food they give him. 

[zsasz 369]

What is Trump/Republicans solution to inflation?  Give me a reason in regards to inflation to vote R in the next cycle.....

[League Champion 1,911]

Biden can't even walk or finish a sentence. They expect him to figure out the economy?

[Hardcore troubadour 15,433]

1 hour ago, The Real timschochet said:

And he has made it much better. Grow the economy by spending more on infrastructure, and allow the Fed to raise interest rates. Most important of all, increase the international trade that Trump tried to shut down (which, along with Covid, was the main cause of the inflation in the first place.) 

The plan is working. Inflation is 3%, much lower than it was. Is it solved yet? Obviously not. But it’s a work in progress. What’s the alternative? I know what Republicans want: more drilling, as if that will solve anything. More high tariffs as if that won’t make things much worse. All conservatives offer is criticism with no solutions of their own that will work. 

Allow the fed to raise interest rates? How clueless can you be? 

[Baker Boy 1,699]

54 minutes ago, zsasz said:

What is Trump/Republicans solution to inflation?  Give me a reason in regards to inflation to vote R in the next cycle.....

Drill baby drill

take the government “boot of regulation” off the throat of our economy.

[Hardcore troubadour 15,433]

49 minutes ago, zsasz said:

What is Trump/Republicans solution to inflation?  Give me a reason in regards to inflation to vote R in the next cycle.....

Cut spending? There’s a start. 

[League Champion 1,911]

1 hour ago, zsasz said:

What is Trump/Republicans solution to inflation?  Give me a reason in regards to inflation to vote R in the next cycle.....

Doesn't matter, STOP THE OBSESSION. You hired Biden, he's the President, it's his job to figure it out. 

You Pedocrats are pathetic!!! 

[ROCK BOTTOM 58]

Cut taxes, cut spending, drill, remove regulation, free market and capitalism.

All things pedocrats hate.

[Nomad99 742]

1 hour ago, The Real timschochet said:

And gas prices are plunging: 

https://www.nytimes.com/2023/11/22/business/energy-environment/gas-prices-thanksgiving.html

Of course this gets ignored. If gas was higher all of you would be highlighting it. 

You are such a pro at covering facts with farts. Although the cost of crude has dropped....the 3 biggest factors for gas prices dropping are: a 10% higher reserve than last year, winter fuel mix & a lower demand now that the summer vacation season is over.

[Strike 5,546]

20 minutes ago, ROCK BOTTOM said:

Cut taxes, cut spending, drill, remove regulation, free market and capitalism.

All things pedocrats hate.

Excellent job.  Good to know @zsasz will be voting for Trump next election!!!

[zsasz 369]

34 minutes ago, Hardcore troubadour said:

Cut spending? There’s a start. 

Republicans are often at an odds about what to cut and even whether to cut significantly as they know, if they choose poorly, they bear the brunt of the political fall out.  Am I to believe that if Trump gets re-elected, he's going to endorse something like Pauls ".06 plan"?  Which while not really drastic, it was at least something concrete.    "Cut spending" is about as thin and nebulous as an old mans jockey shorts.  I need real specifics....not "Build Back Better" or "Make America Great Again" tripe.  

[zsasz 369]

32 minutes ago, ROCK BOTTOM said:

Cut taxes, cut spending, drill, remove regulation, free market and capitalism.

All things pedocrats hate.

Specifics.  

[ROCK BOTTOM 58]

8 minutes ago, zsasz said:

Specifics.  

Google.

[jonnyutah 288]

On 8/31/2023 at 12:11 PM, Dizkneelande said:

What’s fair about making my mother pay into the system for 50 years and then dying before she could collect on that benefit? Me and my siblings never received the money she paid into it. I already stated I would have opted out of SSI I thinks it’s another horrible bloated corrupted government program. Once they started giving out SSDI for ailments like climate depression it greatly increased the insolvency issue. I don’t think I’ve hid the fact here that I’m a small government guy. My biggest political concerns are with the working class who are hemorrhaging right now solely due to government policies. 

So what’s your solution then that doesn’t impact the working class disproportionately? 

What's fair about paying into a system for 50 years and not collecting anything? 

Omg it should be means tested and lift the cap! 

Lololololol

[avoiding injuries 1,580]

13 minutes ago, ROCK BOTTOM said:

Google.

It’s like he isn’t aware that Trump was already President. 

[The Real timschochet 6,764]

2 hours ago, zsasz said:

Republicans are often at an odds about what to cut and even whether to cut significantly as they know, if they choose poorly, they bear the brunt of the political fall out.  Am I to believe that if Trump gets re-elected, he's going to endorse something like Pauls ".06 plan"?  Which while not really drastic, it was at least something concrete.    "Cut spending" is about as thin and nebulous as an old mans jockey shorts.  I need real specifics....not "Build Back Better" or "Make America Great Again" tripe.  

Next time Republicans cut spending will be the first time. 
 

In any case cutting spending does not bring down inflation as Argentina is about to learn, unfortunately for them. 

[RaiderHaters Revenge 4,350]

9 hours ago, avoiding injuries said:

3% over the 6.5% last year and the 7% the year before. Equaling the same inflation for the 10 years before Biden. 
You’re not going to be able to spin this to anyone who’s actually experiencing it in real life, no matter what articles you link. 

Tim thinks that if something goes from 10$ to 11.70 in one year but then only goes to 12.40 the next year that’s reducing inflation 

tim also thinks that cause fuel prices are going down. It’s cause of the winter blends that are cheaper to produce then Biden is a hero

[The Real timschochet 6,764]

5 hours ago, RaiderHaters Revenge said:

Tim thinks that if something goes from 10$ to 11.70 in one year but then only goes to 12.40 the next year that’s reducing inflation 

tim also thinks that cause fuel prices are going down. It’s cause of the winter blends that are cheaper to produce then Biden is a hero

1. It’s certainly a step in the right direction. 
2. I don’t give Biden credit for lowering fuel prices. My point was that if they were higher you guys would blame him for it. 

[RaiderHaters Revenge 4,350]

4 hours ago, The Real timschochet said:

1. It’s certainly a step in the right direction. 
2. I don’t give Biden credit for lowering fuel prices. My point was that if they were higher you guys would blame him for it. 

Yea I would blame the guy who canceled fuel supplies and ended our energy independence for sure 

and no it’s not a step cause that product has been 10$ for 10 years

[Mike Hunt 282]

7 hours ago, The Real timschochet said:

1. It’s certainly a step in the right direction. 
2. I don’t give Biden credit for lowering fuel prices. My point was that if they were higher you guys would blame him for it. 

 

Watching him at his age, the way he acts and speaks I Really don`t blame or credit Biden for anything.  Just a figurehead.  Lot of strings being pulled behind the scenes.