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

[League Champion 1,909]

 

[League Champion 1,909]

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

Great news for the USA

 

[League Champion 1,909]

 

[League Champion 1,909]

 

[seafoam1 2,898]

3 minutes ago, League Champion said:

 

"How do you deny this clip?"

[thegeneral 3,092]

On 11/30/2023 at 2:09 AM, League Champion said:

 

Odd timing to be complaining about gas prices. 

[League Champion 1,909]

Just now, thegeneral said:

Odd timing to be complaining about gas prices. 

Why?? Because it's not $4 dollars a gallon anymore? You Liberals keep your expectations low and you'll never be disappointed. 

 

[thegeneral 3,092]

Just now, League Champion said:

Why?? Because it's not $4 dollars a gallon anymore? You Liberals keep your expectations low and you'll never be disappointed. 

 

It’s the lowest it’s been in a couple years and US oil production is at all time high. 

 

[League Champion 1,909]

1 minute ago, thegeneral said:

It’s the lowest it’s been in a couple years and US oil production is at all time high. 

 

And nobody can afford a car to put gas in it. Ya see where I'm going??? Low expectations and small victories. 

[League Champion 1,909]

 

[thegeneral 3,092]

https://www.cnbc.com/2025/02/12/cpi-january-2025.html

Shelter costs continued to be a problem for inflation, rising 0.4% on the month and accounting for about 30% of the entire increase, the BLS said. 

Food prices jumped 0.4%, pushed by a 15.2% surge in egg prices related to ongoing problems with avian bird flu that have forced farmers to destroy millions of chickens. The bureau said it was the largest increase in egg prices since June 2015 and it was responsible for about two-thirds of the increase in food at home prices. Egg prices have soared 53% over the past year.

Markets tumbled following the news, with futures tied to the Dow Jones Industrial Average sliding more than 400 points while bond yields scaled sharply higher.

[League Champion 1,909]

2 minutes ago, thegeneral said:

Markets tumbled

Really??? They were through the roof yesterday. 

[thegeneral 3,092]

Just now, League Champion said:

Really??? They were through the roof yesterday. 

This is the pre-market on this news.

[supermike80 1,875]

4 minutes ago, thegeneral said:

This is the pre-market on this news.

LOL   Premarket the dow is down 1%.  i love when you guys use the term "tumbled" for this.

[thegeneral 3,092]

1 minute ago, supermike80 said:

LOL   Premarket the dow is down 1%.  i love when you guys use the term "tumbled" for this.

That’s the article. That’s a pretty normal term. Markets go up and down (hopefully they go up) and they say tumbled or soared on the regular when talking about the daily movements

Let’s stay focused on the important part here - Inflation is going back up.That’s not good news.

[edjr 6,579]

7 minutes ago, supermike80 said:

LOL   Premarket the dow is down 1%.  i love when you guys use the term "tumbled" for this.

 

[supermike80 1,875]

2 minutes ago, thegeneral said:

That’s the article. That’s a pretty normal term. Markets go up and down (hopefully they go up) and they say tumbled or soared on the regular when talking about the daily movements

Let’s stay focused on the important part here - Inflation is going back up.That’s not good news.

"That's the article"

LOL.   There you go.  Media manipulation

[The Real timschochet 6,576]

Thread title changed to reflect the new reality. 

[The Real timschochet 6,576]

Three things are causing inflation to rise: 

1. Bird flu: Trump is not responsible but his decisions to pull out of WHO and cut funding to CDC are not helping. 

2. Tariffs and threat of more tariffs: Trump is directly responsible. 

3. Persecution of our undocumented work force: Trump is directly responsible. 

[TrailGuy 554]

Magas said Trump would get rid of inflation 

[CaptainObvious1 368]

4 minutes ago, The Real timschochet said:

Three things are causing inflation to rise: 

1. Bird flu: Trump is not responsible but his decisions to pull out of WHO and cut funding to CDC are not helping. 

2. Tariffs and threat of more tariffs: Trump is directly responsible. 

3. Persecution of our undocumented work force: Trump is directly responsible. 

[The Real timschochet 6,576]

2 minutes ago, TrailGuy said:

Magas said Trump would get rid of inflation 

Not just MAGAs, a plurality of all voters did. 
Right now Trump is as popular as he’s ever been. A majority of the public like his energy and approve of the DOGE stuff. He’s riding high. But none of this will last if prices continue to rise. 

[Tree of Knowledge 1,786]

29 minutes ago, TrailGuy said:

Magas said Trump would get rid of inflation 

Biden Regime murdered millions of chickens on their way out the door. Biden Regime spent like drunken sailors during the lame duck to get as much money laundering in before Father Trump and DOGE could stop it.  
 

Simple Sabotage.  

[RLLD 4,187]

1 minute ago, Tree of Knowledge said:

Biden Regime murdered millions of chickens on their way out the door. Biden Regime spent like drunken sailors the during lame duck to get as much money laundering in before Father Trump and DOGE could stop it.  
 

Simple Sabotage.  

I dont think it was sabotage, there was a disease and they had to kill the birds off to fight that disease, I get the act.  Sometimes things have to happen like this.

I think pretending it is "Trumps fault" is telling in a few ways,

1) It means that Democrats CAN see prices.....but chose to ignore them for years under Biden.

2) It means Democrats are children, then already know that eggs prices have nothing to do with Trump

3) It means Democrats ARE indeed fiscally illiterate, and do not have an actual working understanding of economics.

[thegeneral 3,092]

15 minutes ago, supermike80 said:

"That's the article"

LOL.   There you go.  Media manipulation

This is the language used all the time. Why are you playing the victim here.

Again, the daily movements of the market is not the important part here (the article was from CNBC so they will be more focused on the stock market) Inflation going up more than expected is the part to pay attention to.

[thegeneral 3,092]

7 minutes ago, Tree of Knowledge said:

Biden Regime murdered millions of chickens on their way out the door. Biden Regime spent like drunken sailors the during lame duck to get as much money laundering in before Father Trump and DOGE could stop it.  
 

Simple Sabotage.  

[The Real timschochet 6,576]

3 minutes ago, RLLD said:

 

3) It means Democrats ARE indeed fiscally illiterate, and do not have an actual working understanding of economics.

1. Tariffs, and the threat of tariffs, cause inflation to rise, 

2. The threat of replacement or removal of millions  undocumented workers being paid low wages off the books will cause inflation to rise. 
 

Please explain why these two arguments are “illiterate”. 

[RLLD 4,187]

Just now, The Real timschochet said:

1. Tariffs, and the threat of tariffs, cause inflation to rise, 

2. The threat of replacement or removal of millions  undocumented workers being paid low wages off the books will cause inflation to rise. 
 

Please explain why these two arguments are “illiterate”. 

Just to be clear......your are now asserting that the THREAT of tarriffs us enough to cause inflation?  Right?  And by extension....you are also asserting that the President should know better than to threaten markets......as it can cause inflation?

[shadrap 226]

3 minutes ago, The Real timschochet said:

1. Tariffs, and the threat of tariffs, cause inflation to rise, 

2. The threat of replacement or removal of millions  undocumented workers being paid low wages off the books will cause inflation to rise. 
 

Please explain why these two arguments are “illiterate”. 

so now the "threat" of tariffs cause inflation.

okie dokie.

[CaptainObvious1 368]

14 minutes ago, The Real timschochet said:

1. Tariffs, and the threat of tariffs, cause inflation to rise, 

2. The threat of replacement or removal of millions  undocumented workers being paid low wages off the books will cause inflation to rise. 
 

Please explain why these two arguments are “illiterate”. 

You're just emotionally lashing out at your two biggest issues.

[The Real timschochet 6,576]

14 minutes ago, RLLD said:

Just to be clear......your are now asserting that the THREAT of tarriffs us enough to cause inflation?  Right?  And by extension....you are also asserting that the President should know better than to threaten markets......as it can cause inflation?

It’s a new argument that I didn’t consider before. But I listened to a well known economist, Paul Krugman, the other day and he said that the threat alone creates instability which can cause prices to rise. That made sense to me. Perhaps you disagree but if you find it “illiterate” feel free to make your case. 

[The Real timschochet 6,576]

4 minutes ago, CaptainObvious1 said:

You're just emotionally lashing out at your two biggest issues.

If you think I’m being emotional here is your opportunity to offer a reasoned argument as to why I am off base. 

[shadrap 226]

1 minute ago, The Real timschochet said:

If you think I’m being emotional here is your opportunity to offer a reasoned argument as to why I am off base. 

Paul Krugman is the last economist I would listen to.  he is constantly wrong.

https://www.laphamsquarterly.org/revolutions/miscellany/paul-krugmans-poor-prediction

[RLLD 4,187]

3 minutes ago, The Real timschochet said:

It’s a new argument that I didn’t consider before. But I listened to a well known economist, Paul Krugman, the other day and he said that the threat alone creates instability which can cause prices to rise. That made sense to me. Perhaps you disagree but if you find it “illiterate” feel free to make your case. 

No I agree completely......

You see, when Biden did this to energy as he entered the White House I immediately called this fact out.   In Econ 101 back in the day, this was something covered in the first month.

Now, at that time Biden was doing it to appease the climate nazi's, not to help anyone mind you, but to placate the radical elements of his party. 

Trump is using tariffs to benefit the American people, not to placate some radical element.  And he has to fix the mess created by Biden you do not fix a mess without some pain and effort. So I accept that to unfock what Democrats have done will require this.

[Mike Hunt 275]

10 minutes ago, shadrap said:

Paul Krugman is the last economist I would listen to.  he is constantly wrong.

https://www.laphamsquarterly.org/revolutions/miscellany/paul-krugmans-poor-prediction

But so is Tim.  

[CaptainObvious1 368]

19 minutes ago, The Real timschochet said:

If you think I’m being emotional here is your opportunity to offer a reasoned argument as to why I am off base. 

It's not my job to prove your wild emotional fantasies are false.  You have no proof of anything you just repeat yourself over and over and convince yourself you have facts.  It's total nonsense.

[edjr 6,579]

31 minutes ago, The Real timschochet said:

If you think I’m being emotional here is your opportunity to offer a reasoned argument as to why I am off base. 

because you’re you

[jbycho 753]

34 minutes ago, The Real timschochet said:

If you think I’m being emotional here is your opportunity to offer a reasoned argument as to why I am off base. 

Quit your whining. 

Be like us normals and enjoy all the winning. 

[supermike80 1,875]

1 hour ago, thegeneral said:

This is the language used all the time. Why are you playing the victim here.

Again, the daily movements of the market is not the important part here (the article was from CNBC so they will be more focused on the stock market) Inflation going up more than expected is the part to pay attention to.

When you parrot "tumbling" for a 1% drop you are being led by the hand by the media and look foolish.  Shows you aren't capable of independent thought.  Scary but still shows how easily the media can influence simple minded people.

1% is NOT tumbling and certainly isn't anything to get all upset over.  Yet...Here you are.  Looking foolish

[thegeneral 3,092]

3 minutes ago, supermike80 said:

When you parrot "tumbling" for a 1% drop you are being led by the hand by the media and look foolish.  Shows you aren't capable of independent thought.  Scary but still shows how easily the media can influence simple minded people.

1% is NOT tumbling and certainly isn't anything to get all upset over.  Yet...Here you are.  Looking foolish

That was CNBC they are financial focused website so they highlighted the stock market. That is standard language for market talk. It happens regularly.

Again, the important issue isn’t the reaction of stock market day to day it was that inflation is ticking back up. I can post another article that doesn’t highlight the stock market reaction if you like with the same information regarding inflation indicators.