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"You Just Want to Slap The #### Outta Some People" -
I'll bite.Originally posted by C0|dB|00ded View Post
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; 3 weeks ago.Comment
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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.”Comment
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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; 3 weeks ago.Comment
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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.Originally posted by WuDrWu View Post
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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.Originally posted by 1972Shocker View Post
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; 3 weeks ago.Comment
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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.Originally posted by ShockingButTrue View PostComment
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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'...Originally posted by C0|dB|00ded View Post
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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.Comment
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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%.Comment
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True, but not causal.Originally posted by Atxshoxfan View Post
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.
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This is clearly over your head.Originally posted by Atxshoxfan View Post
Turn off Fox News for a while and pick up a copy of Macroeconomics for Dummies and you'll be doing yourself a favor. 1000/1 odds that you'll actually take my advice though.
The distance between the cause and effect of an economy our size is significant.
This is my last comment on the subject lol.Comment
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The #1 driver of inflation is energy, IMO. If energy costs go up, the price of everything goes up. There is no question that this piece of the equation is not going to improve under Biden. Whether their policies to this point is the main cause, or the energy companies limiting supply to keep prices high is up for debate, but the left does not want cheap energy in principle. Because cheap energy = freedom. Cheap energy = dirty air and climate change (in their opinion). It goes against their general ideals.
Until we get energy production to where it can easily provide for demand, or economy will continue to stagnate and prices will remain high."When life hands you lemons, make lemonade." Better have some sugar and water too, or else your lemonade will suck!Comment
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