Re: Bidenflation and Shortage thread
Posted: Mon Mar 14, 2022 8:32 pm
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Bidenflation and Shortage thread
https://www.championshipsubdivision.com/forums/viewtopic.php?f=10&t=52600
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Re: Bidenflation and Shortage thread
Posted: Thu Mar 17, 2022 6:01 pm
The 1/4 point raise woefully inadequate to stop inflation..Like trying to put out a raging fire with a garden hose.
Re: Bidenflation and Shortage thread
Posted: Thu Mar 17, 2022 7:03 pm
They're in the tricky spot now of how to back off all of this stimulus without dropping the economy into a recession. Everyone agrees that the Fed has blown this so far at this point (well, except for the libs at the Fed), but the bigger thing to judge them on is if they're able to get out of this. We're in inning 3 or 4 of a 9 inning game, still plenty of time left to see how this ends up.
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 7:07 am
Bahaha. Getting so bad, Dems are bringing in the evil gas executives to blame for the high prices.
I sure hope one of the gas executives points out like last time (to paraphrase), how they make .08 cents a gallon profit, while the Government adds .80 in taxes. So who is gouging the public?
I sure hope one of the gas executives points out like last time (to paraphrase), how they make .08 cents a gallon profit, while the Government adds .80 in taxes. So who is gouging the public?
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 7:27 am
Yep. Govt profits more of the gas you’re filling your tank with than the gas station or the oil companies.SeattleGriz wrote: ↑Sat Mar 19, 2022 7:07 am Bahaha. Getting so bad, Dems are bringing in the evil gas executives to blame for the high prices.
I sure hope one of the gas executives points out like last time (to paraphrase), how they make .08 cents a gallon profit, while the Government adds .80 in taxes. So who is gouging the public?
What the Fed and every state should be doing.
https://www.foxbusiness.com/economy/kem ... hrough-may
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 7:38 am
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 7:56 am
I wasn’t. But it proves most of the Fed is like the rest of govt- stupid people in high places.
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 9:48 am
Extactly. Beer is up 5.3%
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 9:52 am
And she should know. MTG and Boobert(sic) are setting up the right-wing equivalent of The Squat.
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 9:54 am
Re: Bidenflation and Shortage thread
Posted: Sat Mar 19, 2022 9:30 pm
They’re not stupid.
OK, maybe they are….but the biggest reason they haven’t done more is they’re bought and paid for.
Re: Bidenflation and Shortage thread
Posted: Tue Apr 12, 2022 10:06 am
8.5%
https://nypost.com/2022/04/12/inflation ... -1981/amp/
10.2% Biden inflation tax in 15 months (7% in 2021, .91% in Jan, .84% in Feb, 1.2% in March).
https://nypost.com/2022/04/12/inflation ... -1981/amp/
10.2% Biden inflation tax in 15 months (7% in 2021, .91% in Jan, .84% in Feb, 1.2% in March).
Re: Bidenflation and Shortage thread
Posted: Tue Apr 12, 2022 10:57 am
The events in NYC this AM will keep this bad Biden news off the front pages.BDKJMU wrote: ↑Tue Apr 12, 2022 10:06 am 8.5%
https://nypost.com/2022/04/12/inflation ... -1981/amp/
10.2% Biden inflation tax in 15 months (7% in 2021, .91% in Jan, .84% in Feb, 1.2% in March).
Re: Bidenflation and Shortage thread
Posted: Tue Apr 12, 2022 1:18 pm
Well, most websites still had the pretty bad inflation news as a headline. CNN, though, even now, does not have it as a headline anywhere. They buried it in a smaller headline further down the page where some Bank of America person is warning of a coming recession. But CNN is pretty far left. Even ABCNews has a headline, with the 8.5% number, as the third headline down the page.TheDancinMonarch wrote: ↑Tue Apr 12, 2022 10:57 amThe events in NYC this AM will keep this bad Biden news off the front pages.BDKJMU wrote: ↑Tue Apr 12, 2022 10:06 am 8.5%
https://nypost.com/2022/04/12/inflation ... -1981/amp/
10.2% Biden inflation tax in 15 months (7% in 2021, .91% in Jan, .84% in Feb, 1.2% in March).
Re: Bidenflation and Shortage thread
Posted: Tue Apr 12, 2022 1:40 pm
Manchin not happy with Biden. Good luck getting him to support a scaled down Build Back Broke..
https://www.yahoo.com/now/manchin-tears ... 12888.html
https://www.yahoo.com/now/manchin-tears ... 12888.html
Re: Bidenflation and Shortage thread
Posted: Wed Apr 13, 2022 6:07 pm
Our wonderful paper here in eastern Virginia, The Virginian-Pilot, which used to call itself "The voice of the Democratic Party in Virginia" highlighted the inflation data on page 16.GannonFan wrote: ↑Tue Apr 12, 2022 1:18 pmWell, most websites still had the pretty bad inflation news as a headline. CNN, though, even now, does not have it as a headline anywhere. They buried it in a smaller headline further down the page where some Bank of America person is warning of a coming recession. But CNN is pretty far left. Even ABCNews has a headline, with the 8.5% number, as the third headline down the page.TheDancinMonarch wrote: ↑Tue Apr 12, 2022 10:57 am
The events in NYC this AM will keep this bad Biden news off the front pages.
Re: Bidenflation and Shortage thread
Posted: Sun Apr 17, 2022 6:14 pm
Did anyone catch Brandon last Thur claiming that 70% of the increase in inflation was due to Putin. 
When Biden came into office inflation Jan 21’ was 1.4%..
When Biden came into office inflation Jan 21’ was 1.4%..Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 7:06 am
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 8:10 am
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 8:21 am
That’s quite the leap.
Show me where countries with unrestricted pure free markets with low taxation have succeeded anywhere in the world.
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 8:28 am
No offense, but why do you have a graph on current inflation that goes all the way back to 1979? Without seeing the raw data, that seems mighty suspicious to do that. Of course labor costs were huge 40 years ago compared to now, but that doesn't really say anything about current inflation. Methinks that is a graph put together specifically to make a point, no matter how hard data had to be manipulated to make the bars look they way they wanted them to look.
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 8:34 am
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 9:31 am
No offense taken and I think you raise a fair issue. I’ll point out its not my graph. Matt Stoller is typically solid in his thoughts but this is an EPI chart and they certainly have an axe to grind.GannonFan wrote: ↑Fri Apr 22, 2022 8:28 amNo offense, but why do you have a graph on current inflation that goes all the way back to 1979? Without seeing the raw data, that seems mighty suspicious to do that. Of course labor costs were huge 40 years ago compared to now, but that doesn't really say anything about current inflation. Methinks that is a graph put together specifically to make a point, no matter how hard data had to be manipulated to make the bars look they way they wanted them to look.
Re: Bidenflation and Shortage thread
Posted: Fri Apr 22, 2022 12:20 pm
Heck, now looking back at it I'm not even sure how you even look at "unit prices" and assign percentages as neatly as they did to that analysis. And they didn't include the most recent quarter, although I guess they would say 100% of all increases there are due to Putin. No analysis necessary I suppose.kalm wrote: ↑Fri Apr 22, 2022 9:31 amNo offense taken and I think you raise a fair issue. I’ll point out its not my graph. Matt Stoller is typically solid in his thoughts but this is an EPI chart and they certainly have an axe to grind.GannonFan wrote: ↑Fri Apr 22, 2022 8:28 am
No offense, but why do you have a graph on current inflation that goes all the way back to 1979? Without seeing the raw data, that seems mighty suspicious to do that. Of course labor costs were huge 40 years ago compared to now, but that doesn't really say anything about current inflation. Methinks that is a graph put together specifically to make a point, no matter how hard data had to be manipulated to make the bars look they way they wanted them to look.
Re: Bidenflation and Shortage thread
Posted: Sat Apr 23, 2022 4:02 pm
No…no…..no economist would do that.GannonFan wrote: ↑Fri Apr 22, 2022 8:28 amNo offense, but why do you have a graph on current inflation that goes all the way back to 1979? Without seeing the raw data, that seems mighty suspicious to do that. Of course labor costs were huge 40 years ago compared to now, but that doesn't really say anything about current inflation. Methinks that is a graph put together specifically to make a point, no matter how hard data had to be manipulated to make the bars look they way they wanted them to look.