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  • WuDrWu
    replied
    Originally posted by Atxshoxfan View Post
    1 yr after COVID started in the US the inflation was at 1.4%. 1 yr after Joe took office and put a regulator on US oil production, the inflation was at 4.7%.
    True, but not causal.

    Printing between 1.5 and 2 trillion of worthless money was by far and away the biggest factor. Complete and total fiscal mismanagement (as well as non-fiscal) from the top from folks buying support and keeping tax payer jobs.

    Every last one of them should be removed from office.

    Leave a comment:


  • Atxshoxfan
    replied
    1 yr after COVID started in the US the inflation was at 1.4%. 1 yr after Joe took office and put a regulator on US oil production, the inflation was at 4.7%.

    Leave a comment:


  • C0|dB|00ded
    replied
    There was no inflation problem before Covid. Once the businesses were shut down, massive inflation was set in motion for the future due to bottlenecks in the supply of goods and services.

    $800B was sent out as stimulus checks. $800B was sent out as PPP loans (which like 99% were forgiven). I know small businesses that received MASSIVE amounts of funds from PPP and didn't need it. They likely spent it on luxury items.

    Covid is the economic shock that caused the inflation we are seeing. It isn't Trump's fault, it certainly isn't Biden's. It was a pandemic that affected hundreds of millions of lives.

    The Fed has done an admirable job IMO keeping the rates high and ignoring the screechings from Wall Street. Inflation will come back down to target eventually, then the rates will start to lower, somewhere around then we'll have another market crash, and then we get to start the whole market cycle all over again.

    Recognize the big picture, understand it, then profit.

    Leave a comment:


  • pinstripers
    replied
    Originally posted by C0|dB|00ded View Post

    Covid is what happened to inflation. The Fed has been slowing it down nicely. Could end up being too nicely if we slip into a recession --- which is probably kinda necessary in order to really put the fire out.
    No. Partly the govt response to covid, maybe

    Leave a comment:


  • ShockingButTrue
    replied
    Originally posted by C0|dB|00ded View Post

    Covid is what happened to inflation. The Fed has been slowing it down nicely. Could end up being too nicely if we slip into a recession --- which is probably kinda necessary in order to really put the fire out.
    The Fed cannot possibly counter the ravages of the American Rescue Plan Act of 2021 and the Inflation Reduction Act. That's why they're having Red rallies up in the Bronx, where the people are fresh. I'm just sayin'...

    Leave a comment:


  • C0|dB|00ded
    replied
    Originally posted by ShockingButTrue View Post

    I'll bite.

    Tell us on Shockernet what President Trump has got to do with inflation plaguing the nation? That's the issue.

    Do you suppose It's President Trumps fault that they/them are voguing in their thongs' at Target just like NYC in the 70's too? Yeah, you're probably right.
    Covid is what happened to inflation. The Fed has been slowing it down nicely. Could end up being too nicely if we slip into a recession --- which is probably kinda necessary in order to really put the fire out.

    Leave a comment:


  • ShockingButTrue
    replied
    Originally posted by 1972Shocker View Post

    It maybe but Biden and Bananaroos have a massive built in advantage among the media (broadcast, written, online and social) that is more of a challenge to overcome.
    Not really. The media might make President Trump look bad (yawn) but they can't sell everyone on the fact that the Inflation Reduction Act is good for anyone (what a ******* disaster!). The presumptive nominee's rally in the Bronx kind of showed that.

    Can you imagine what the lines at EV stations are gonna be like in 5 years if these dingbats get their way? But hey, it's all good because we'll be a 'kinder, gentler' nation by then, if a nuclear storm hasn't devastated us before then...
    Last edited by ShockingButTrue; June 3, 2024, 10:56 AM.

    Leave a comment:


  • pinstripers
    replied
    6,287 likes, 265 comments - danscavino on June 1, 2024: "🚨Happening Now🚨 President Trump arrives at the Prudential Center in Newark, New Jersey for #UFC302!".


    President Trump enters the Prudential Center in Newark, New Jersey for #UFC302

    Leave a comment:


  • 1972Shocker
    replied
    Originally posted by WuDrWu View Post
    Biden's massive cash advantage could be coming to an end.
    It maybe but Biden and Bananaroos have a massive built in advantage among the media (broadcast, written, online and social) that is more of a challenge to overcome.

    Leave a comment:


  • WuDrWu
    replied
    WinRed, the main fundraising online arm for Trump, raised $58 million from July 1, 2023 to December 31, 2023 according to records.


    WinRed, despite being shut down by heavy traffic for a couple of hours after the verdict, is saying they raised 52.8 million in 24 hours ending Friday night.


    That is a ridiculous number.


    Biden's massive cash advantage could be coming to an end.
    Last edited by WuDrWu; June 1, 2024, 04:52 PM.

    Leave a comment:


  • pinstripers
    replied
    CatholicVote President Brian Burch stated: “This verdict is a joke.” “A biased prosecutor,” he continued. “No underlying crime. Felony predicated on a misdemeanor that was never convicted.” “Make no mistake: This is election interference,” said Burch. “This is the total politicization of our legal system. We are more committed than ever to rallying millions of Catholics to help Trump win in November.”

    Leave a comment:


  • ShockingButTrue
    replied
    Originally posted by C0|dB|00ded View Post
    He's brought it all on himself. All he had to do was keep his mouth shut after the votes were counted Nov, 2016 and he'd be finishing up his second term and folks would likely be voting for a very nice Conservative candidate in 2024.

    Ya'll like believing in conspiracy theories; well how about the one where Trump is actually working for the Dims? He's been great for them!
    I'll bite.

    Tell us on Shockernet what President Trump has got to do with inflation plaguing the nation? That's the issue.

    Do you suppose It's President Trumps fault that they/them are voguing in their thongs' at Target just like NYC in the 70's too? Yeah, you're probably right.
    Last edited by ShockingButTrue; June 1, 2024, 02:32 PM.

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  • WstateU
    replied

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  • Shockm
    replied
    Originally posted by Atxshoxfan View Post

    I don't agree with your rationale here. Our system of government worked very well until the Obama/Biden administration loaded government agencies with leftists who do everything in their power to make America a one party rule.
    That is what Trump is disrupting, not the system laid out in our constitution, but the government agencies who have been loaded with leftist ideology and act to change America. EPA is a prime example. Congress hasn't made laws to ban appliances or vehicles, it was all done for the "good of the environment", regardless of what the public wants.
    That is only one small example of the BS that Trump is fighting. But he is not fighting anything that is protected under the constitution.
    I never said he was disrupting our Constitutional system. I said he was disrupting the political process. Not even close.

    Leave a comment:


  • Atxshoxfan
    replied
    Originally posted by Shockm View Post

    That actually was my point. The system is messed up because people want that. Trump is a disruptor in our political process. He has been elected the candidate by half of voting America because most of his supporters want a disruptor. He would never have been elected 20, 30, or 40 years ago, but most people today don’t want a typical politician or problem solver.

    Typical Republicans (or people who would have fit that past profile) who refuse to vote and support Trump seem to be stuck in the past and wish for a typical establishment type of political candidate.
    I don't agree with your rationale here. Our system of government worked very well until the Obama/Biden administration loaded government agencies with leftists who do everything in their power to make America a one party rule.
    That is what Trump is disrupting, not the system laid out in our constitution, but the government agencies who have been loaded with leftist ideology and act to change America. EPA is a prime example. Congress hasn't made laws to ban appliances or vehicles, it was all done for the "good of the environment", regardless of what the public wants.
    That is only one small example of the BS that Trump is fighting. But he is not fighting anything that is protected under the constitution.

    Leave a comment:

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