|
Post by dirtybird on Aug 13, 2023 11:24:11 GMT
Good to know last year’s inflation is still a big deal.
|
|
|
Post by YankeeFan on Aug 13, 2023 13:06:33 GMT
Good to know last year’s inflation is still a big deal. Why wouldn't it be? Lessening inflation doesn't mean prices have returned to normal. The Biden administration, with an assist from the MSM, has been trying to trumpet that inflation has slowed. Big fucking deal. We're still paying more, every day, for items, because of Biden's mismanagement.
|
|
|
Post by lcjjdnh on Aug 13, 2023 14:13:32 GMT
Trump and Biden both to blame. But thanks (seriously) to Joe Manchin, because it could have been worse.
|
|
|
Post by batman on Aug 13, 2023 14:29:57 GMT
Good to know last year’s inflation is still a big deal. Why wouldn't it be? Lessening inflation doesn't mean prices have returned to normal. The Biden administration, with an assist from the MSM, has been trying to trumpet that inflation has slowed. Big fucking deal. We're still paying more, every day, for items, because of Biden's mismanagement.
That's the part that's driving me nuts. The Biden administration is cheering the fact that inflation is down to something like 5 percent compared to last year's highs as if it's some huge accomplishment. That doesn't mean prices are coming down, ya dillholes, it just means they're not rocketing up quite as fast as they did last year — and the inflation rate is still much higher than the normal increase.
The numbers are year over year, so if inflation was at 10 percent in August 2022, and it's at 5 percent in August 2023, then prices are still way higher than they were in August 2021 when Biden took over. And it doesn't appear that the policies that got us there (printing too much money too fast, out of thin air, and spending it like drunken sailors) are abating any time soon.
|
|
|
Post by dirtybird on Aug 13, 2023 14:42:44 GMT
Why wouldn't it be? Lessening inflation doesn't mean prices have returned to normal. The Biden administration, with an assist from the MSM, has been trying to trumpet that inflation has slowed. Big fucking deal. We're still paying more, every day, for items, because of Biden's mismanagement. I mean, prices don't return to "normal." For the most part, they go up. What you're trying to say is "inflation is not yet at a more natural rate." Some folks could really do more reading of the actual news. But on to the big deal thing. I suppose I roll my eyes at the rehashing, especially with a clumsy article based on one tweet. I could say "The Russian army crossing the Ukrainian border is a big deal," but it also happened a year ago and is less reflective of what we're dealing with. (Assuming we had perfect economic, i.e., the first two full years of the Trump admin, that number would be about $250, for useful context) In the sense of our little place, it's even less of a big deal because it's mostly a Rorschach test for whining. If the fella in the White House had an R next to his name, that post would be giving him a tongue bath and lambasting the liberal media for taking a tweet thread that starts with "The July CPI report was great" and starts the final tweet with "the trend lines look good," and pulls out the worrisome part. But it's complainin' time, and thus, we got us a big ole deal. (Taking this away from the bellyaching, I do wonder what really, really competent management would've meant in terms of those numbers. Naturally it's going to an increase of more than $100 year over year based on those current numbers. Also, the year of pandemic payouts were already out there, the supply chain stuff is more uncontrolled than controlled by the government, the Ukraine oil issues are probably not very avoidable. So we're still seeing a good bit of inflation, though very possibly less)
|
|
|
Post by dirtybird on Aug 13, 2023 14:44:31 GMT
That's the part that's driving me nuts. The Biden administration is cheering the fact that inflation is down to something like 5 percent compared to last year's highs as if it's some huge accomplishment. That doesn't mean prices are coming down, ya dillholes, it just means they're not rocketing up quite as fast as they did last year — and the inflation rate is still much higher than the normal increase.
The numbers are year over year, so if inflation was at 10 percent in August 2022, and it's at 5 percent in August 2023, then prices are still way higher than they were in August 2021 when Biden took over. And it doesn't appear that the policies that got us there (printing too much money too fast, out of thin air, and spending it like drunken sailors) are abating any time soon.
If you expect prices to come down, boy do I have some bad news.
|
|
|
Post by lcjjdnh on Aug 13, 2023 15:13:44 GMT
That's the part that's driving me nuts. The Biden administration is cheering the fact that inflation is down to something like 5 percent compared to last year's highs as if it's some huge accomplishment. That doesn't mean prices are coming down, ya dillholes, it just means they're not rocketing up quite as fast as they did last year — and the inflation rate is still much higher than the normal increase.
The numbers are year over year, so if inflation was at 10 percent in August 2022, and it's at 5 percent in August 2023, then prices are still way higher than they were in August 2021 when Biden took over. And it doesn't appear that the policies that got us there (printing too much money too fast, out of thin air, and spending it like drunken sailors) are abating any time soon.
If you expect prices to come down, boy do I have some bad news. Unless you move to China…
|
|
|
Post by batman on Aug 13, 2023 21:15:55 GMT
That's the part that's driving me nuts. The Biden administration is cheering the fact that inflation is down to something like 5 percent compared to last year's highs as if it's some huge accomplishment. That doesn't mean prices are coming down, ya dillholes, it just means they're not rocketing up quite as fast as they did last year — and the inflation rate is still much higher than the normal increase.
The numbers are year over year, so if inflation was at 10 percent in August 2022, and it's at 5 percent in August 2023, then prices are still way higher than they were in August 2021 when Biden took over. And it doesn't appear that the policies that got us there (printing too much money too fast, out of thin air, and spending it like drunken sailors) are abating any time soon.
If you expect prices to come down, boy do I have some bad news.
Oh, of course. They never come down. But the Biden administration and its "Bidenomics!" PR campaign is sure trying to sell it that way.
|
|
|
Post by dirtybird on Aug 13, 2023 22:19:15 GMT
If you expect prices to come down, boy do I have some bad news.
Oh, of course. They never come down. But the Biden administration and its "Bidenomics!" PR campaign is sure trying to sell it that way.
If you're gonna be upset by a politician and his people highlighting the things that make him look good, feels like a recipe to be upset a lot. I mean, this again is just a structure around which to drape one's feelings. If this was tied to a republican, each side would be hyping or poor-mouthing the other way. And the truth in the end is that we put too much faith in the government's ability to manage capitalism and not enough faith in up and down nature of capitalism managing itself.
|
|
|
Post by btexpress on Aug 14, 2023 13:53:15 GMT
If you expect prices to come down, boy do I have some bad news.
Oh, of course. They never come down. But the Biden administration and its "Bidenomics!" PR campaign is sure trying to sell it that way.
Sometimes prices come down. My $1,800 51-inch TV in 2004: A $450 60-inch TV today:
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 14, 2023 15:35:06 GMT
See also: A $2,500 Mac in 1984: A $600 iPhone 13 today:
|
|
|
Post by YankeeFan on Dec 8, 2023 19:20:09 GMT
Well now the Christmas bonus I was planning on giving my employee doesn’t look so good.
|
|
|
Post by ecwyanks on Dec 8, 2023 19:56:32 GMT
He'll have to settle for Jelly Of The Month club
|
|
|
Post by YankeeFan on Dec 19, 2023 13:04:13 GMT
Proof! We have first hand accounts proof that inflation is just people/companies looking to make more money.
Just wait until Joe Biden and Elizabeth Warren hear about this guy.
|
|
|
Post by lcjjdnh on Dec 22, 2023 3:37:43 GMT
I’m sure Trump would do something equally dumb, but why exactly is Biden calling for an investigation into the acquisition of U.S. Steel by Japanese company?
|
|