This economy is so bad

[Hardcore troubadour 15,110]

7 minutes ago, The Psychic Observer said:

They have.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m

Thanks. Like I said, they have come down some. Didn’t need a link. Read. 

[RLLD 4,167]

1 minute ago, Hardcore troubadour said:

Thanks. Like I said, they have come down some. Didn’t need a link. Read. 

Coming down is the minimum expectation, and they will hopefully continue to improve as the Fed works diligently to offset the inane policies of the current administration.

It will take YEARS to unfock what has been done of course, and some prices may never return to pre-Biden WH levels.

The lack of respect that these people are using toward inflation is remarkable.

[BeachGuy23 642]

39 minutes ago, RLLD said:

AGAIN.....if you are suggesting that Biden knew this, then it is difficult to understand why he then pursued policies that would clearly lead to exacerbation of inflation and then pretended it wasn't happening....

It absolutely matters how Biden acted, and how his actions were clear to everyone.....to be inflationary, so then if we can agree that inflation was a danger.....why throw gasoline on it....where the only reason was to just be different than Trump....after he had already defeated him....it was reckless....

You actively ignore the realities, you seem to have at least a modest understanding of economics, enough to be as annoyed as the rest of us at the considerable mistakes that were made, which could have been easily avoided.

Hell, Biden even missed the opportunity to blame Trump, for months.....as if he truly.....did not understand the economics in motion....

 

Let's say Biden didn't sign the $1.9T covid relief act.  Is it your assertion that inflation would have not risen above 2%?

You seem to argue very much with what words people use.  I prefer to look at the actions that caused the events.

And remember, inflation was 5% in June.  Biden had been in office less than 5 months and his $1.9T bill had barely seen any dollars go out the door.  But according to you, Biden's at fault for the 5% inflation.

Facts my friends.  Only facts. 

[BeachGuy23 642]

38 minutes ago, Hardcore troubadour said:

Huge.  They haven’t kept up with inflation dum dum 

They just about have my friend.  You clearly haven't been paying attention to real wage increases through 2023.

Step away from the alt right media. 

[BeachGuy23 642]

27 minutes ago, Hardcore troubadour said:

Thanks. Like I said, they have come down some. Didn’t need a link. Read. 

Do you want them to come down to where they were when Trump destroyed world wide energy demand and the price for a barrel of oil was < $0.

You not deluded enough to think that was good for the economy are you?  Hell Trump's destruction of energy demand actually hurt us quite a lot as refineries were taken off line because he cratered the price of oil.  Takes a long time to bring them back into service friend.

You should be thanking Biden every day for saving us from the disaster that Trump left. 

[Hardcore troubadour 15,110]

16 minutes ago, BeachGuy23 said:

Do you want them to come down to where they were when Trump destroyed world wide energy demand and the price for a barrel of oil was < $0.

You not deluded enough to think that was good for the economy are you?  Hell Trump's destruction of energy demand actually hurt us quite a lot as refineries were taken off line because he cratered the price of oil.  Takes a long time to bring them back into service friend.

You should be thanking Biden every day for saving us from the disaster that Trump left. 

Like I said they came down. Your strawman retorts are useless and sad. 

[RLLD 4,167]

20 minutes ago, BeachGuy23 said:

Let's say Biden didn't sign the $1.9T covid relief act.  Is it your assertion that inflation would have not risen above 2%?

You seem to argue very much with what words people use.  I prefer to look at the actions that caused the events.

And remember, inflation was 5% in June.  Biden had been in office less than 5 months and his $1.9T bill had barely seen any dollars go out the door.  But according to you, Biden's at fault for the 5% inflation.

Facts my friends.  Only facts. 

There was not a single mistake, it was a myriad of mistakes. Not even going to get into the exorbitant fraud that resulted from his "relief act" that found considerable sums of money being stolen, and not reaching people.

My only insistence is simply that Biden made needless, and reckless, mistakes......his economic policy seemed to ignore fiscal realities, and when people called the WH out on it, their responses demonstrated they really had no idea how the economy was working.

A further indication is that when inflation was apparent, he lied and said it was not true.  That means action to stem it was delayed.....then later when forced to admit it existed, he lied again....calling it "transitory"....leading to more missed opportunities to stem it.

These are the facts.   Now, for a sect of a cult that pretends to care about historically disenfranchised people....there is a real lack of understanding about how these behaviors disproportionately harm those folks....

[Hardcore troubadour 15,110]

Remember when Biden went to the Ford Plant and was hyping the EV F-150? Fire just drastically cut down on production.  Not selling. Joe sure has the touch. Ford will be fine though. We subsided their failed venture.  

[The Real timschochet 6,543]

Inflation staying high, OR people continuing to perceive that inflation is high, remains Donald Trump’s best chance for November, along with the border issue staying bad. 
 

But I have a feeling that neither issue will seem as bad to the public in a few months. 

[RLLD 4,167]

24 minutes ago, The Real timschochet said:

Inflation staying high, OR people continuing to perceive that inflation is high, remains Donald Trump’s best chance for November, along with the border issue staying bad. 
 

But I have a feeling that neither issue will seem as bad to the public in a few months. 

I suggest that abortion could be a huge mitigating element.  It might be true that this single issue could be the thing that swings it back toward the Democrats.   It would seem that people are more dedicated to murdering babies that to addressing the economy or the border, at least in the middle to left of the spectrum.

The question might be, can they take some action to at least temporarily make peoples less damaged?  If they can do that then they can pretend that they are solving something, or who knows maybe tie their inflationary policies to Trump and sell themselves as some kind of "fixer".

This might depend heavily on whether or not they can compel the Fed to lower rates, and I predicted this might happen in May or June, to tie in as neatly as possible with election season.

The goal for Democrats now is to foment some temporary respite, sell it as some fix and then pretend things will be better....which we already know is patently false.

[Hardcore troubadour 15,110]

Police killings are inflated as well. 

[RLLD 4,167]

Make no mistake, if you are wealthy......you have some good things to say about the economy, for sure, but if you are NOT wealthy...your life is not less great.

The higher up the economic scale you exist, the happier you are with Biden, the lower you exist.....the less you are happy.

[Engorgeous George 2,230]

1 hour ago, BeachGuy23 said:

Let's say Biden didn't sign the $1.9T covid relief act.  Is it your assertion that inflation would have not risen above 2%?

You seem to argue very much with what words people use.  I prefer to look at the actions that caused the events.

And remember, inflation was 5% in June.  Biden had been in office less than 5 months and his $1.9T bill had barely seen any dollars go out the door.  But according to you, Biden's at fault for the 5% inflation.

Facts my friends.  Only facts. 

I am no economist.  I have no degree in the subject.  That said it is my understanding that the markets anticipate events and react to those anticipations often two or months ahead of events, especially when those anticipations are done deals, not merely speculations.  Maybe there is nuance or even just basic information I am missing or misapprehending.

 

Regardless, the markets tanked, inflation roared and now both have ameliorated.  I do worry that global events may spiral out of control and mess with economies in a substantial manner, yet I have not invested in physical gold as urged by William Devane.   Perhaps I need urging by a more compelling actor, say Tim Roth,  Edward Norton, or Robert Duval.  If Duval did Gus McCrea and urged me to buy gold perhaps I would.

 

Recently the markets have treated me kindly and filling up my tank is not a painful event. 

[The Real timschochet 6,543]

1 hour ago, Engorgeous George said:

I am no economist.  I have no degree in the subject.  That said it is my understanding that the markets anticipate events and react to those anticipations often two or months ahead of events, especially when those anticipations are done deals, not merely speculations.  Maybe there is nuance or even just basic information I am missing or misapprehending.

 

Regardless, the markets tanked, inflation roared and now both have ameliorated.  I do worry that global events may spiral out of control and mess with economies in a substantial manner, yet I have not invested in physical gold as urged by William Devane.   Perhaps I need urging by a more compelling actor, say Tim Roth,  Edward Norton, or Robert Duval.  If Duval did Gus McCrea and urged me to buy gold perhaps I would.

 

Recently the markets have treated me kindly and filling up my tank is not a painful event. 

Ever see Marathon Man? Devane makes a great villain in that. 

[Engorgeous George 2,230]

5 minutes ago, The Real timschochet said:

Ever see Marathon Man? Devane makes a great villain in that. 

Not as good as Olivier

[The Real timschochet 6,543]

3 minutes ago, Engorgeous George said:

Not as good as Olivier

Yeah they’re both great

[Engorgeous George 2,230]

26 minutes ago, The Real timschochet said:

Ever see Marathon Man? Devane makes a great villain in that. 

Der Weisse Engle, conjuring up Mengele as it did put it way over the top for me.  Devane palyed a minor functionary with no morals, Olivier played a monster.

[Baker Boy 1,694]

On 1/7/2024 at 12:29 PM, IGotWorms said:

That’s true and I’m glad you care.

However, it does not follow that Trump is the answer. He’s just using you  

Trump is for school choice. School choice would give the same advantages to the poor that the wealthy have today. 

[IGotWorms 4,057]

2 minutes ago, Baker Boy said:

Trump is for school choice. School choice would give the same advantages to the poor that the wealthy have today. 

False. “School choice” would starve the public school system of resources and benefit the wealthy and upper middle class

[RLLD 4,167]

2 minutes ago, Baker Boy said:

Trump is for school choice. School choice would give the same advantages to the poor that the wealthy have today. 

Unfortunately the teachers unions rightly assess this as a direct threat to their power.

Due to this they are right in the ear of Democrats, forcefully opposing it.  The only argument available is that school choice is somehow racist, or a lie or some other trite nonsense.

School choice will also naturally result in lower performing kids likely being relegated to a small set of lower performing schools.  I think we can offset that through financial incentives to draw in the best teachers. But given that these kids are not merely low academic performers, but also just garbage people in many cases......financial incentives alone might not be enough.

[Baker Boy 1,694]

8 minutes ago, IGotWorms said:

False. “School choice” would starve the public school system of resources and benefit the wealthy and upper middle class

Our public school system is failing, they need to be replaced. If public schools are the most successful schools in the country they will be fine.

 

 

[IGotWorms 4,057]

18 minutes ago, Baker Boy said:

Our public school system is failing, they need to be replaced.

 

Well, at least you admit that it is a plan to kill them.

I don’t think most people are on board with that and it would run afoul of most states’ laws, probably every state really 

 

[Hardcore troubadour 15,110]

33 minutes ago, IGotWorms said:

False. “School choice” would starve the public school system of resources and benefit the wealthy and upper middle class

The charter schools in NY are overwhelmingly minority. 

[Baker Boy 1,694]

6 minutes ago, IGotWorms said:

Well, at least you admit that it is a plan to kill them.

I don’t think most people are on board with that and it would run afoul of most states’ laws, probably every state really 

 

Currently 32 states plus Washington, D.C., offer some type of school choice program, according to EdChoice, a nonprofit that advocates for school choice. Robert Enlow, president and CEO of EdChoice, says the last two years saw more states than ever before enacting educational choice programs.

[IGotWorms 4,057]

18 minutes ago, Baker Boy said:

Currently 32 states plus Washington, D.C., offer some type of school choice program, according to EdChoice, a nonprofit that advocates for school choice. Robert Enlow, president and CEO of EdChoice, says the last two years saw more states than ever before enacting educational choice programs.

That’s because they lie and swindle people into thinking that it’s not about killing the public education system.

If they were truthful, like you, it would never be legal.

[Hardcore troubadour 15,110]

1 hour ago, IGotWorms said:

That’s because they lie and swindle people into thinking that it’s not about killing the public education system.

If they were truthful, like you, it would never be legal.

So black people don’t know what’s best for their kids? They are the victim of a scam? 

[thegeneral 3,055]

More terrible news!

 

[RLLD 4,167]

7 minutes ago, thegeneral said:

More terrible news!

 

Yessssss.......   

[The Real timschochet 6,543]

The recession never happened. That’s a really good thing. 

[thegeneral 3,055]

6 minutes ago, The Real timschochet said:

The recession never happened. That’s a really good thing. 

Depends who you ask I suppose. 

[Ron_Artest 1,203]

If Biden wins we go into depression

[IGotWorms 4,057]

There were no mistakes, you bunch of Nancies.

Our economy nosedived into the sh1tter with COVID. Worldwide pandemics will do that. Even if the government had done nothing people would’ve stayed home.

But the government did great stuff instead. They got the vaccines out at unbelievable speeds. Yes that was under Trump. They pumped tons of support into the economy to keep it afloat, yes that started under Trump too. Trump deserves lots of credit, problem is his own stupid ass didn’t want it and tried to turn around and sabotage his own efforts

But I digress on Trump.

Then in came Biden and he had to keep the money flowing until we were in the clear. But oh, what’s this? Turns out pumping a bunch of money into the economy creates inflation. Yeah no sh1t. So you figure out how to tame it as best you can and get yourself on a glide path towards normalcy.

It’s a pretty huge task, really. One I’m not sure anyone has pulled off, really ever. But it seems we did it. There was no great economic crash. There was no huge delayed recession, as everyone thought there would have to be. Inflation was a huge annoyance for a while there and I’d still higher than ideal, but it’s come down slowly and surely just as planned.

This has really been quite incredible. We should all be pointing at this and saying “see, even in this era of insane hyper partisanship, we can still do great things! USA! USA!! “

But instead everyone wants to make up a bunch of bullsh1t for political gain. Oh well. I guess that’s the way it goes — but that’s all it is, a bunch of fucking bvllshit

[The Real timschochet 6,543]

6 minutes ago, IGotWorms said:

There were no mistakes, you bunch of Nancies.

Our economy nosedived into the sh1tter with COVID. Worldwide pandemics will do that. Even if the government had done nothing people would’ve stayed home.

But the government did great stuff instead. They got the vaccines out at unbelievable speeds. Yes that was under Trump. They pumped tons of support into the economy to keep it afloat, yes that started under Trump too. Trump deserves lots of credit, problem is his own stupid ass didn’t want it and tried to turn around and sabotage his own efforts

But I digress on Trump.

Then in came Biden and he had to keep the money flowing until we were in the clear. But oh, what’s this? Turns out pumping a bunch of money into the economy creates inflation. Yeah no sh1t. So you figure out how to tame it as best you can and get yourself on a glide path towards normalcy.

It’s a pretty huge task, really. One I’m not sure anyone has pulled off, really ever. But it seems we did it. There was no great economic crash. There was no huge delayed recession, as everyone thought there would have to be. Inflation was a huge annoyance for a while there and I’d still higher than ideal, but it’s come down slowly and surely just as planned.

This has really been quite incredible. We should all be pointing at this and saying “see, even in this era of insane hyper partisanship, we can still do great things! USA! USA!! “

But instead everyone wants to make up a bunch of bullsh1t for political gain. Oh well. I guess that’s the way it goes — but that’s all it is, a bunch of fucking bvllshit

Excellent analysis. 

[RLLD 4,167]

11 minutes ago, IGotWorms said:

There were no mistakes, you bunch of Nancies.

Our economy nosedived into the sh1tter with COVID. Worldwide pandemics will do that. Even if the government had done nothing people would’ve stayed home.

But the government did great stuff instead. They got the vaccines out at unbelievable speeds. Yes that was under Trump. They pumped tons of support into the economy to keep it afloat, yes that started under Trump too. Trump deserves lots of credit, problem is his own stupid ass didn’t want it and tried to turn around and sabotage his own efforts

But I digress on Trump.

Then in came Biden and he had to keep the money flowing until we were in the clear. But oh, what’s this? Turns out pumping a bunch of money into the economy creates inflation. Yeah no sh1t. So you figure out how to tame it as best you can and get yourself on a glide path towards normalcy.

It’s a pretty huge task, really. One I’m not sure anyone has pulled off, really ever. But it seems we did it. There was no great economic crash. There was no huge delayed recession, as everyone thought there would have to be. Inflation was a huge annoyance for a while there and I’d still higher than ideal, but it’s come down slowly and surely just as planned.

This has really been quite incredible. We should all be pointing at this and saying “see, even in this era of insane hyper partisanship, we can still do great things! USA! USA!! “

But instead everyone wants to make up a bunch of bullsh1t for political gain. Oh well. I guess that’s the way it goes — but that’s all it is, a bunch of fucking bvllshit

Yes!  Now contact your elected representatives and implore them to go on CNN and MCDNC and the like and repeat this, over.....and over.....and over....

[Baker Boy 1,694]

20 hours ago, IGotWorms said:

Well, at least you admit that it is a plan to kill them.

I don’t think most people are on board with that and it would run afoul of most states’ laws, probably every state really 

 

It is National School Choice Week!

[Raven Fan 362]

44 minutes ago, RLLD said:

Yes!  Now contact your elected representatives and implore them to go on CNN and MCDNC and the like and repeat this, over.....and over.....and over....

You're so silly.

You realize that not everyone's a brainwashed cult member who thinks that just because Biden set foot in the office in late January that he's responsible for the terrible circumstances Trump left right boyo?

GDP destroying anything Trump ever accomplished.  Lowest unemployment on record.  Real wages rising bigly.  Markets at all time highs.  Trumpflation under control. 

You're damn straight the dems should be shouting this from the rooftops and blaming Trump for the terrible start.  It's easily backed up by facts and figures boyo.  You rely on nothing but emotion which is kinda SAD, not gonna lie.

That's the difference between the cult and us libs.  Cult = feelz > facts.

SAD

[RLLD 4,167]

Just now, Raven Fan said:

You're so silly.

You realize that not everyone's a brainwashed cult member who thinks that just because Biden set foot in the office in late January that he's responsible for the terrible circumstances Trump left right boyo?

GDP destroying anything Trump ever accomplished.  Lowest unemployment on record.  Real wages rising bigly.  Markets at all time highs.  Trumpflation under control. 

You're damn straight the dems should be shouting this from the rooftops and blaming Trump for the terrible start.  It's easily backed up by facts and figures boyo.  You rely on nothing but emotion which is kinda SAD, not gonna lie.

That's the difference between the cult and us libs.  Cult = feelz > facts.

SAD

What is so wrong with putting this message out there.....why not advertise it from morning until night, every day?  

[Raven Fan 362]

Just now, RLLD said:

What is so wrong with putting this message out there.....why not advertise it from morning until night, every day?  

They'll be ramping it up soon boyo.  Followed by some easy to understand charts showing just how terrible shape the country was in when Biden took over.

Gonna be buriful. 

[RLLD 4,167]

Just now, Raven Fan said:

They'll be ramping it up soon boyo.  Followed by some easy to understand charts showing just how terrible shape the country was in when Biden took over.

Gonna be buriful. 

That is all I am asking for..... so lets get to it  

[Raven Fan 362]

1 minute ago, RLLD said:

That is all I am asking for..... so lets get to it  

Buckle up boyo.  Enjoy the ride and the facts.

The facts will likely hurt your feelz, but I think you'll be better for it in the long run.