This economy is so bad

[Hardcore troubadour 15,267]

1 minute ago, GutterBoy said:

https://time.com/6972022/donald-trump-transcript-2024-election/

Reciprocal. I like it. 

[TimHauck 2,728]

1 hour ago, RLLD said:

Correct....which is all I have said, 

No, you said it wasn’t a factor:

On 6/6/2024 at 8:29 AM, RLLD said:

I concur with the Fed;s analysis that it is not a factor, 

So are you now admitting it was a factor?

[The Real timschochet 6,640]

29 minutes ago, Hardcore troubadour said:

I don’t think so.  Trump wants other countries to open up their trade to us like we do to them. If they don’t, he will tariff them like they do. I like it. Why don’t you? 

Because it’s moronic and has never worked in the history of the planet? Because we benefit from free trade no matter what other nations do? Because you were wrong to start and now you’re moving the goalposts? 

[Sean Mooney 1,970]

8 minutes ago, The Real timschochet said:

Because it’s moronic and has never worked in the history of the planet? Because we benefit from free trade no matter what other nations do? Because you were wrong to start and now you’re moving the goalposts? 

 

You are arguing with someone who is a complete zero...save your breath

[RLLD 4,200]

9 minutes ago, TimHauck said:

No, you said it wasn’t a factor:

So are you now admitting it was a factor?

I concur with the Fed analysis, that is not a factor of import....if you want to mince words......so I do not bother to include it....since its not a "factor" for me.....

If YOU however choose to see it as such, that is fine, me noting its inclusion and then pointing to the Fed;s conclusion ....and suggesting it not be included in the suggestion as you posted really seems to have set you off....

So....I propose this.... I have a position, and my position is that while it is a "factor" in a long list of factors calling it out next to significant factors as you did misrepresents its import.....but....if you want to mince words, I am less inclined today...so lets try this....what is it you want people to know about it....like....you have done a serviceable job of just sort of sitting off to the side....and snarkily harumpfing at others trying to convey their point of view....but perhaps you have a point of view that would help us better understand?

[Hardcore troubadour 15,267]

1 hour ago, The Real timschochet said:

Because it’s moronic and has never worked in the history of the planet? Because we benefit from free trade no matter what other nations do? Because you were wrong to start and now you’re moving the goalposts? 

The benefit of our jobs going there because of slave labor and no work or environmental regulations? There are a lot of hallowed out former manufacturing areas of our country that might have something to say about the great benefit they received.  I remember when democrats cared about those folks.  Now they tell them tough.  

[GutterBoy 2,899]

Quote

 

Mr. President, most economists—and I know not all, there isn't unanimity on this—but most economists say that tariffs increase prices. 

Trump: Yeah. 

Are you comfortable with additional inflation?

Trump: No, I've seen. I've seen—I don't believe it'll be inflation.

 

So Trump is told that economists believe that tariffs will increase inflation, but his dementia riddled brain doesn't believe it.  He's disregarding the opinions of experts based on what he feels.

[edjr 6,580]

A guy who owns 17 McDonalds in California has said he is going to hire people in India and other countries to answer the drive thru, to pay 4 an hour instead of 25. Genius really. 

[TimHauck 2,728]

52 minutes ago, RLLD said:

I concur with the Fed analysis, that is not a factor of import....if you want to mince words......so I do not bother to include it....since its not a "factor" for me.....

If YOU however choose to see it as such, that is fine, me noting its inclusion and then pointing to the Fed;s conclusion ....and suggesting it not be included in the suggestion as you posted really seems to have set you off....

So....I propose this.... I have a position, and my position is that while it is a "factor" in a long list of factors calling it out next to significant factors as you did misrepresents its import.....but....if you want to mince words, I am less inclined today...so lets try this....what is it you want people to know about it....like....you have done a serviceable job of just sort of sitting off to the side....and snarkily harumpfing at others trying to convey their point of view....but perhaps you have a point of view that would help us better understand?

Earlier you said it wasn’t a factor.  Thanks for now acknowledging that it was.

I wouldn’t say it’s down a long list.  I’d probably put it third behind 1) Covid and 2) Biden.

[RLLD 4,200]

8 minutes ago, TimHauck said:

Earlier you said it wasn’t a factor.  Thanks for now acknowledging that it was.

I wouldn’t say it’s down a long list.  I’d probably put it third behind 1) Covid and 2) Biden.

Earlier I called out your inclusion of it among actual factors as if it were equal and then I noted the Fed's pronouncement, now if you want to piddle over whether it can be an factor or not, you do you....I stand by my assertion that your post was misleading. And it absolutely is not third.....but if that is what you want to believe, have at it of course, just understand I might not let that misrepresentation slide by

[Hardcore troubadour 15,267]

Should definitely place our trust in the Fed. 

[TimHauck 2,728]

20 minutes ago, RLLD said:

Earlier I called out your inclusion of it among actual factors as if it were equal and then I noted the Fed's pronouncement, now if you want to piddle over whether it can be an factor or not, you do you....I stand by my assertion that your post was misleading. And it absolutely is not third.....but if that is what you want to believe, have at it of course, just understand I might not let that misrepresentation slide by

The fed also acknowledged it was a factor, just not the “main factor.”

[RLLD 4,200]

5 minutes ago, TimHauck said:

The fed also acknowledged it was a factor, just not the “main factor.”

Correct. And your placement of it next to other tangible factors provided a status of its impact that was misleading, I called that out. You seem to want to insist that it should be at that elevated status, I do not concur....hence my position that it should not be represented in that manner.

[TimHauck 2,728]

1 minute ago, RLLD said:

Correct. And your placement of it next to other tangible factors provided a status of its impact that was misleading, I called that out. You seem to want to insist that it should be at that elevated status, I do not concur....hence my position that it should not be represented in that manner.

How many factors do you think there are?  What else would you rank above it?

[RLLD 4,200]

28 minutes ago, TimHauck said:

How many factors do you think there are?  What else would you rank above it?

Just a few, and ones that actually matter and should be talked about would include...

1. Increased Money Supply: When central banks inject more money into the economy (such as quantitative easing), it can stoke demand and contribute to inflation.
2. Monetary and Fiscal Policies: Decisions made by central banks (such as interest rate adjustments) and government fiscal policies (like tax cuts or spending)
3. Cost-Push Inflation: Rising production costs like labor and raw materials can drive up prices. For example, if the cost of oil increases, it affects transportation costs and can lead to higher prices for goods.
4. Demand-Pull Inflation: When demand for goods and services outpaces supply, prices rise. This occurs when consumers and businesses increase spending, leading to higher demand for products.
5. Devaluation: If a country’s currency loses value relative to other currencies, imports become more expensive, leading to higher prices for imported goods.
6. Rising Wages: When workers demand higher wages, businesses may pass those costs on to consumers through higher prices.

If you want to blame business I get it, but its a lazy way out...which is why politicians turn to it..... deflecting their bad decisions on to others.

[GutterBoy 2,899]

Inflation came in cooler.

MAGA tears flowing

[Hardcore troubadour 15,267]

2 minutes ago, GutterBoy said:

Inflation came in cooler.

MAGA tears flowing

Gained less weight. She still gained weight.  

[GutterBoy 2,899]

19 minutes ago, Hardcore troubadour said:

Gained less weight. She still gained weight.  

We don't want deflation, we've been over this.  Cry harder.

[Hardcore troubadour 15,267]

3 minutes ago, GutterBoy said:

We don't want deflation, we've been over this.  Cry harder.

How would there be deflation if the inflation rate was at the fed target? It’s still above that right now.  Also, what about the corporate greed? They shouldn’t lower their prices? 

[GutterBoy 2,899]

Just now, Hardcore troubadour said:

How would there be deflation if the inflation rate was at the fed target? 

There wouldn't be.  But at the target, we still have inflation, she's still gaining weight, to use your misogynistic metaphor.

[The Real timschochet 6,640]

This “corporate greed” stuff is nonsense. Corporations fix prices as high as they can go and still make a profit. Which they’re supposed to. 

[Hardcore troubadour 15,267]

1 minute ago, The Real timschochet said:

This “corporate greed” stuff is nonsense. Corporations fix prices as high as they can go and still make a profit. Which they’re supposed to. 

Well Thanks Tim. You might want to let the other , dumber Tim in on that. 

[TimHauck 2,728]

5 hours ago, The Real timschochet said:

This “corporate greed” stuff is nonsense. Corporations fix prices as high as they can go and still make a profit. Which they’re supposed to. 

Yes corporations are always greedy, but the market dictates “as high as they can go.” 2022 in particular was a unique situation as there was pent up demand from Covid (made worse by Biden’s stimulus), so despite the actual cost inflation, there was still very high demand, so many companies jacked up prices even more than usual.  More recently as the effect of inflation has set in, demand for many things has decreased and thus more corporations are reducing prices or at least no longer raising them.

[TimHauck 2,728]

7 hours ago, RLLD said:

Just a few, and ones that actually matter and should be talked about would include...

1. Increased Money Supply: When central banks inject more money into the economy (such as quantitative easing), it can stoke demand and contribute to inflation.
2. Monetary and Fiscal Policies: Decisions made by central banks (such as interest rate adjustments) and government fiscal policies (like tax cuts or spending)
3. Cost-Push Inflation: Rising production costs like labor and raw materials can drive up prices. For example, if the cost of oil increases, it affects transportation costs and can lead to higher prices for goods.
4. Demand-Pull Inflation: When demand for goods and services outpaces supply, prices rise. This occurs when consumers and businesses increase spending, leading to higher demand for products.
5. Devaluation: If a country’s currency loses value relative to other currencies, imports become more expensive, leading to higher prices for imported goods.
6. Rising Wages: When workers demand higher wages, businesses may pass those costs on to consumers through higher prices.

If you want to blame business I get it, but its a lazy way out...which is why politicians turn to it..... deflecting their bad decisions on to others.

1 is Biden, the #2 reason I listed

I’ll give you #2, maybe I’ll make that my #3 and push corporate greed to #4

3 was mostly the result of Covid, the #1 reason I listed

4 was the result of both Covid and Biden 

5 didn’t happen, as there was significant inflation pretty much worldwide

6 was mostly the result of covid

[BeachGuy23 642]

1 minute ago, TimHauck said:

1 is Biden, the #2 reason I listed

I’ll give you #2, maybe I’ll make that my #3 and push corporate greed to #4

3 was mostly the result of Covid, the #1 reason I listed

4 was the result of both Covid and Biden 

5 didn’t happen, as there was significant inflation pretty much worldwide

6 was mostly the result of covid

How did Biden impact inflation with his $1.9T Covid bill more than Trumps $2.7M Covid bills?

And supply chains destroyed under Trump were the 2nd reason behind Trump and Biden’s spending.

[TimHauck 2,728]

3 minutes ago, BeachGuy23 said:

How did Biden impact inflation with his $1.9T Covid bill more than Trumps $2.7M Covid bills?

And supply chains destroyed under Trump were the 2nd reason behind Trump and Biden’s spending.

Because Trump’s stimulus was in 2020 in the immediate aftermath of Covid when many jobs were lost so it was actually needed.  Biden’s stimulus came as everything was already opening back up.

[BeachGuy23 642]

1 minute ago, TimHauck said:

Because Trump’s stimulus was in 2020 in the immediate aftermath of Covid when many jobs were lost so it was actually needed.  Biden’s stimulus came as everything was already opening back up.

People were still flush with Trump bucks because they had nothing to buy due to the wrecked supply chains.  And I think you’re not giving the supply chains enough credit for inflation.  Also inflation was 5% before a dime of Biden’s dumb bill was spent.

 

[TimHauck 2,728]

1 minute ago, BeachGuy23 said:

People were still flush with Trump bucks because they had nothing to buy due to the wrecked supply chains.  And I think you’re not giving the supply chains enough credit for inflation.  Also inflation was 5% before a dime of Biden’s dumb bill was spent.

 

The wrecked supply chains were due to Covid, not Trump

[seafoam1 2,926]

creepy joe and kameltoe = dumb and dumberer.

Their voters are the dumberererest.

 

[BeachGuy23 642]

Just now, TimHauck said:

The wrecked supply chains were due to Covid, not Trump

Agree but it happened under Trump.  Just like inflation under Biden.

Trumps handling of covid impacted the country, including supply chains.

You seem to give him a free pass for some reason.

[TimHauck 2,728]

10 minutes ago, BeachGuy23 said:

Agree but it happened under Trump.  Just like inflation under Biden.

Trumps handling of covid impacted the country, including supply chains.

You seem to give him a free pass for some reason.

I said Covid was my #1 reason.  But Biden made it worse with his stimulus.

Referring to supply chains specifically, Trump honestly probably helped them by saying over and over again that Covid would disappear and likely not making the panic buying even worse.

The thing he did that impacted supply chains the most negatively was getting a vaccine out so that more people felt comfortable doing things again.  But many righties don’t seem to think Operation Warp Speed was a good thing.

[GutterBoy 2,899]

 

People still think trump was good for the economy

[Maximum Overkill 1,909]

 

 

[Maximum Overkill 1,909]

 

 

[Hardcore troubadour 15,267]

14 hours ago, Maximum Overkill said:

 

 

That’s a lot.  No way wages for the typical American have kept pace with that. 

[BeachGuy23 642]

35 minutes ago, Hardcore troubadour said:

That’s a lot.  No way wages for the typical American have kept pace with that. 

Think again moron.

And everyone knows that Trump is responsible for the vast majority of that inflation...unless you're stupid enough to think that a president can cause inflation in 2 months or less...but no one is that stupid, not even cultist....right....

LOLOLOLOLOLOLOLOL

Stupid, sheep cultist do only what they're told and have zero critical thinking ability.

"hur dur da bad brandon cause da inflate to triple in da first 2 months of his in office.  he bad.  me like da gas price under me master when da world shut down and no one buy da gas hur dur"

[Hardcore troubadour 15,267]

American manufacturing icon Tupperware is closing its last American factory and moving to Mexico. 

[seafoam1 2,926]

4 minutes ago, Hardcore troubadour said:

American manufacturing icon Tupperware is closing its last American factory and moving to Mexico. 

Liberalls don't care They just like to boast about how great their electric vehicle push is prospering the US and the world.....   Oh wait...they are still struggling with plastic bags...EVs are doing what for us?

[Pimpadeaux 2,405]

On 6/12/2024 at 9:12 AM, edjr said:

A guy who owns 17 McDonalds in California has said he is going to hire people in India and other countries to answer the drive thru, to pay 4 an hour instead of 25. Genius really. 

Except they worship cows in India.

Here's how that drive-though conversation might go:

Siddhartha: Wheelcome to MeecDonald's. Would you like to try the MeecCurry?

Edjr: Nah, I'll take a Big Mac, large fries and a Coke Zero.

Siddhartha: Soooorreeee. We out of hamburger. Would you like to try the MeecCurry?

Edjr: How the fock does McDonald's run out of hamburger meat? You're literally a hamfockingburger restaurant.

Siddhartha: Beef no good for you. In India, my homeland, it is believed that cows must not be harmed. Try the MeecCurry!

Edjr: Look, McGhandi, this is a hamburger place for hamburger people. You can take your Slumdog Millionaire ass back to India.

Siddhartha: I am in India.

Edjr: Well how the fock do you know this McDonald's is out of hamburger meat all the way from over there, McMahatma?

Siddhartha: The MeecCurry is very fresh!

Edjr: Fock it. I'm going to Burger King. 

[Hardcore troubadour 15,267]

That was so funny I forgot to laugh