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The Real timschochet

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

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6 minutes ago, Hawkeye21 said:

Don't pretend that the same didn't happen to Biden as well.  Let's not be hypocrites. 

I don't recall anyone blaming Biden for the economy day 1 after he got sworn in. He gave us plenty of material to pull him apart aside from that. He was busy ripping on Trump for wanting to close the border during the chinese flu outbreak. 

I blamed him for not knowing what EOs he was signing. For keeping the schools closed for so long. Keeping the chinese flu alive for so long. Businesses shut down. 

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About the title.

 

Raise something 25%, then cut it 4% you can claim "We lowered the price"  Even though it is still 21% higher than it was

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5 minutes ago, Mike Hunt said:

About the title.

 

Raise something 25%, then cut it 4% you can claim "We lowered the price"  Even though it is still 21% higher than it was

That is exactly what Biden's plan was. "Great timing for covid. Let's destroy the economy and say it's because of covid, then we can take it easy for the last couple years of my term and let the economy fix itself a bit. Then I'll look like I actually was doing something good. Even though it will still be worse off than under Trump. Don't worry though. No one will remember Trump's term. I know I won't." -creepy joe

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Inflation is typically a global thing so in the past I have never blamed a President. Trump would be the first one because his tariffs bring a new element to the equation. 
 

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On 6/13/2023 at 3:07 PM, Hardcore troubadour said:

Increased energy costs are a big driver of inflation. Biden went after our energy supply on day one.  Closed our pipeline down and opened Russias for Putin. 

And that was the “green light” and it was off to the races for inflation. 

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Big Jump

The core personal consumption expenditures price index showed a 0.4% increase for the month, the biggest monthly gain since January 2024, putting the 12-month inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for respective numbers of 0.3% and and 2.7%.

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More crappy economic numbers under Trump. All that dummy needed to do was nothing, the economy was in good shape. But his narcissistic need for "look at me" about everything leads him to do "tariffs", which are good in his opinion because he can do them without needing anything from Congress. Despite the fact they are absolutely stupid as far as being an economic policy.

A dope, supported by the lesser intelligent red states, and voila. Economy now trending toward recession, stagflation, reduced consumer confidence, reduced tourism from Canada and Europe. Great job out of the poorly educated. At least you get to punish transgenders though. 🙄

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29 minutes ago, Grace Under Pressure said:

More crappy economic numbers under Trump. All that dummy needed to do was nothing, the economy was in good shape. But his narcissistic need for "look at me" about everything leads him to do "tariffs", which are good in his opinion because he can do them without needing anything from Congress. Despite the fact they are absolutely stupid as far as being an economic policy.

A dope, supported by the lesser intelligent red states, and voila. Economy now trending toward recession, stagflation, reduced consumer confidence, reduced tourism from Canada and Europe. Great job out of the poorly educated. At least you get to punish transgenders though. 🙄

Good grief. Who dug up this alias?

We literally have a half dozen faaaaaar left communists. Posting under 20 different names.

 

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35 minutes ago, Grace Under Pressure said:

More crappy economic numbers under Trump. All that dummy needed to do was nothing, the economy was in good shape. But his narcissistic need for "look at me" about everything leads him to do "tariffs", which are good in his opinion because he can do them without needing anything from Congress. Despite the fact they are absolutely stupid as far as being an economic policy.

A dope, supported by the lesser intelligent red states, and voila. Economy now trending toward recession, stagflation, reduced consumer confidence, reduced tourism from Canada and Europe. Great job out of the poorly educated. At least you get to punish transgenders though. 🙄

Inflation rate is steadily going down.  https://tradingeconomics.com/united-states/inflation-cpi 

In January, it was at 3%, then 2.8% in February.  March, by their numbers, projects to go down 2.5%.

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Just now, thegeneral said:

Market taking a beating on this news.

Sounds like a great time to buy.  Especially since we're trending down on the inflation rate. :thumbsup:

MAGA baby.  Maybe we can find a way to get 4 more years of Trump after 2028.

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On 4/13/2023 at 8:18 AM, The Real timschochet said:

https://www.axios.com/2023/04/13/rent-inflation-highest-since-1981-but-signs-of-peak
 

Great news for the USA, terrible news for Republicans. What are you guys going to run on now? You think  transgender issues and CRT are going to win national elections? 

 

So we know that inflation was under control until the moronic policies of Biden created a problem.

A timeline shows us the truth

And then we can see inflation going down, so then everything is OK right>    Wrong.  Through his stupidity Biden both inflamed inflation and then ignored it.  Those peaks you note are still there.  Inflation does not simply "go away".  Sure, you can lower the damage currently, but that does not fix what was done.  Fixing the problem is brutal, and hard.  Which is why I am rather bothered by the stupidity.....the absolute focking stupidity of Democrats to both inflame it and then ignore it. 

Now, as we fix it, Democrats will cry like little b!tches about the medicine it takes to unfock their stupidity.

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1 minute ago, TBayXXXVII said:

Sounds like a great time to buy.  Especially since we're trending down on the inflation rate. :thumbsup:

MAGA baby.  Maybe we can find a way to get 4 more years of Trump after 2028.

Look at Trump providing all these buying opportunities. What a guy 😂😂😂

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10 minutes ago, thegeneral said:

Look at Trump providing all these buying opportunities. What a guy 😂😂😂

:headbanger:

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5 minutes ago, TBayXXXVII said:

:headbanger:

I’m waiting for him to say this 😂😂

His new line is “I don’t pay attention to the markets”!

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9 minutes ago, thegeneral said:

I’m waiting for him to say this 😂😂

His new line is “I don’t pay attention to the markets”!

Wasn't that the line from the Democrats when the market was up?  How come if Trump says it, it would be bad?  So confusing... the left is always giving contradicting stances.

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30 minutes ago, RLLD said:

 

So we know that inflation was under control until the moronic policies of Biden created a problem.

A timeline shows us the truth

And then we can see inflation going down, so then everything is OK right>    Wrong.  Through his stupidity Biden both inflamed inflation and then ignored it.  Those peaks you note are still there.  Inflation does not simply "go away".  Sure, you can lower the damage currently, but that does not fix what was done.  Fixing the problem is brutal, and hard.  Which is why I am rather bothered by the stupidity.....the absolute focking stupidity of Democrats to both inflame it and then ignore it. 

Now, as we fix it, Democrats will cry like little b!tches about the medicine it takes to unfock their stupidity.

Are the tariffs on everything supposed to be part of that medicine? 

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3 minutes ago, TBayXXXVII said:

 How come if Trump says it, it would be bad?  

Maybe because Trump has taken credit for the market when it is high about a thousand times? 

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1 minute ago, The Real timschochet said:

Are the tariffs on everything supposed to be part of that medicine? 

Pointing at tariffs as some problem would be akin to suggesting your foot rash caused a heart attack.   I know you want to latch on to anything at all that might give you hope, but this is not that thing.  These tariffs are going to create a muscular economy with higher wages.  Later as this manifests you will become more desperate for a way to impugn rather than celebrate, but we can cross that bridge later. 

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5 minutes ago, RLLD said:

Pointing at tariffs as some problem would be akin to suggesting your foot rash caused a heart attack.   I know you want to latch on to anything at all that might give you hope, but this is not that thing.  These tariffs are going to create a muscular economy with higher wages.  Later as this manifests you will become more desperate for a way to impugn rather than celebrate, but we can cross that bridge later. 

The tariffs don’t give me hope, they give me heartburn. And “muscular with higher wages” aren’t the words I would use to describe what the economy is going  to look like. 
Also: you attack my integrity here. I’ve written again and again that I want our economy to be prosperous and if it is I will congratulate President Trump and admit I was wrong about the tariffs. I hope that comes to pass. I hope even more he changes his mind again and doesn’t do them. 

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1 minute ago, The Real timschochet said:

The tariffs don’t give me hope, they give me heartburn. And “muscular with higher wages” aren’t the words I would use to describe what the economy is going  to look like. 
Also: you attack my integrity here. I’ve written again and again that I want our economy to be prosperous and if it is I will congratulate President Trump and admit I was wrong about the tariffs. I hope that comes to pass. I hope even more he changes his mind again and doesn’t do them. 

You cannot fix a problem without some pain, sweat and perhaps blood.  There is no utopia, or utopian solution where pain is not going to happen.

We have to stop chasing notions that we can fix without pain.

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18 minutes ago, TBayXXXVII said:

Wasn't that the line from the Democrats when the market was up?  How come if Trump says it, it would be bad?  So confusing... the left is always giving contradicting stances.

No, their line when records were being set during Trump 1.0 was he’s just making the rich richer. Under Biden everyone shared in the bounty. 

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11 minutes ago, Hardcore troubadour said:

No, their line when records were being set during Trump 1.0 was he’s just making the rich richer. Under Biden everyone shared in the bounty. 

Oh, gotchya.  They were ignoring the fact that the lower income people weren't benefitting... it was only the 1%.  :thumbsup:

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26 minutes ago, The Real timschochet said:

Maybe because Trump has taken credit for the market when it is high about a thousand times? 

Ok, let's see if I got this right....

When Trump points to the market when it's up, he does it to make himself look good.  When the market is down, IF he's says "Ignore the market", that'll make him a hypocrite?

When the market was up, the left deflects.  When the market is down, they call out Trump (even though it's only been 2 months).  That's NOT being a hypocrite.

Yes?

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21 minutes ago, RLLD said:

You cannot fix a problem without some pain, sweat and perhaps blood.  There is no utopia, or utopian solution where pain is not going to happen.

We have to stop chasing notions that we can fix without pain.

I don’t disagree with this principle. But I don’t think it applies to tariffs; I don’t believe they will fix anything. I think they will cause pain short term in order to bring about greater pain long term. 
 

I also think your response here is interesting given your criticism of Joe Biden: Biden spent a lot of money at the start of his Presidency, knowing that it would risk inflation, because he thought it was the only way to get us out of the economic malaise that Covid caused. I think he made the right decision and in so doing he applied your principle of risking pain in order to fix a problem. And look at the result: the economy boomed during the last 18 months of his Presidency. Are you willing to concede he might have made the correct move? 

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2 minutes ago, TBayXXXVII said:

Ok, let's see if I got this right....

When Trump points to the market when it's up, he does it to make himself look good.  When the market is down, IF he's says "Ignore the market", that'll make him a hypocrite?

When the market was up, the left deflects.  When the market is down, they call out Trump (even though it's only been 2 months).  That's NOT being a hypocrite.

Yes?

No. The left are just as hypocritical. They’re a little less bombastic about it, but then, who is more bombastic than Donald Trump? 

Personally I don’t believe in giving Presidents credit or fault for the economy as a general rule, unless you’re willing to look at it a year later. The tariffs are an exception; I fear they will bring down our economy and I think if that happens it will be fair game to hold Trump responsible. 

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3 minutes ago, The Real timschochet said:

No. The left are just as hypocritical. They’re a little less bombastic about it, but then, who is more bombastic than Donald Trump? 

Personally I don’t believe in giving Presidents credit or fault for the economy as a general rule, unless you’re willing to look at it a year later. The tariffs are an exception; I fear they will bring down our economy and I think if that happens it will be fair game to hold Trump responsible. 

Got it... you'll find ways to make an exception when Republican's do it, but just "ho hum" when Democrats do it.  Just like Mooney.  LOL

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6 minutes ago, The Real timschochet said:

I don’t disagree with this principle. But I don’t think it applies to tariffs; I don’t believe they will fix anything. I think they will cause pain short term in order to bring about greater pain long term. 
 

I also think your response here is interesting given your criticism of Joe Biden: Biden spent a lot of money at the start of his Presidency, knowing that it would risk inflation, because he thought it was the only way to get us out of the economic malaise that Covid caused. I think he made the right decision and in so doing he applied your principle of risking pain in order to fix a problem. And look at the result: the economy boomed during the last 18 months of his Presidency. Are you willing to concede he might have made the correct move? 

I see your point, I suggest that when it comes to tariffs we perceive them differently.  All good

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Typical responses. Inflation is up due to tariffs, market is tanking.

Gullible MAGA: "inflation's actually going down!" (it's up, that's why the market reaction). Deflection, whataboutism, and alias accusations. And of course the leader is never questioned, the most predictable tell of a cult follower.

Never change MAGA lol. As long as someone else is hurting worse, like a tranny somewhere, or some immigrant. 

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My wife said groceries have come down a little bit. But thanks to the idiot lefties in NY our energy costs are up. 

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Amazing that leftards would have the balls to be talking  about inflation under Biden. STFU. 

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Luxury brand European Auto Manufacturer stocks only sold 1.5 % lower today.

Mercedes down 1.12%

BMW down 1.59%

Porsche down 1.54%

VW Group down 2.65%

Stellantis down 4.06%

Toyota down 2.67%

Honda down 4.49%

Ford Motor Co down 1.97%

GM down 1.1%

 

Oh, my bad, looks like the bid drop was yesterday.

 

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11 minutes ago, purdygood said:

I wish the gas here was $3.29.  It's still over $4.00. 

$2.69 You must live in shlttown USA California. Have fun with those taxes. 

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