oil is the same price now as it was before the russian invasion and far lower than when Biden sold out of the SPR
gasoline is only 10 cents per gallon higher than a year ago
The Fed thinks inflation is running at around 4-5% right now and falling fast
The Fed thinks the economy is growing at a 4.3% rate right now
Uemployment has a 3 handle.
The US economy has far higher growth than its peers and far lower inflation than its peers.
Not really sure you are on top of the facts.
I'm just spitballing here...but are you listening to right wing media again?
Hmm...inflation is falling fast, is it? I wonder who said that would happen (Um, that would be me)?
So, moron Trumpers, what policy of Biden's is causing inflation to fall? (hint: no policy is). What policy of his caused world wide inflation? (hint: no policy did).
If you don't know how inflation is calculated, then you need not ever mention your window-licking mouths about it.
Inflation is falling because we are moving further away from the event that caused it. The Fed goosed it a little bit, but their involvement wasn't even necessary.
So, in summary, Trumpers are morons, and Ivanka is stupid as f*ck...oh, and also, eggplant is the worst vegetable.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
Hmm...inflation is falling fast, is it? I wonder who said that would happen (Um, that would be me)?
So, moron Trumpers, what policy of Biden's is causing inflation to fall? (hint: no policy is). What policy of his caused world wide inflation? (hint: no policy did).
If you don't know how inflation is calculated, then you need not ever mention your window-licking mouths about it.
Inflation is falling because we are moving further away from the event that caused it. The Fed goosed it a little bit, but their involvement wasn't even necessary.
So, in summary, Trumpers are morons, and Ivanka is stupid as f*ck...oh, and also, eggplant is the worst vegetable.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
Please bear in mind that they will defend anything Biden does and completely ignore reality to do so.
The US's inflation is the worst in the G7 and almost the worst in the G20. Biden lies A LOT and his sycophants just repeat the stupid things he says without a second thought.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
Please bear in mind that they will defend anything Biden does and completely ignore reality to do so.
The US's inflation is the worst in the G7 and almost the worst in the G20. Biden lies A LOT and his sycophants just repeat the stupid things he says without a second thought.
You're an idiot.
I just said that NO policy of Biden's is responsible for the lower inflation that we are beginning to see. I have stated that I am against his student loan forgiveness policy. I have mentioned more than once that the Inflation Reduction Act will do NOTHING to lower inflation but that inflation WILL have gone down since its passing and that Biden and other Democrats will ERRONEOUSLY give it credit for inflation falling. I also have expressed concern over his interference into a possible rail strike.
Just because YOU march in line to idiot Trumper crap doesn't mean that others do that with regard to Biden.
Read and comprehend. To do that, you need to pull your stupid head out of your ass.
Please bear in mind that they will defend anything Biden does and completely ignore reality to do so.
The US's inflation is the worst in the G7 and almost the worst in the G20. Biden lies A LOT and his sycophants just repeat the stupid things he says without a second thought.
You're an idiot.
I just said that NO policy of Biden's is responsible for the lower inflation that we are beginning to see. I have stated that I am against his student loan forgiveness policy. I have mentioned more than once that the Inflation Reduction Act will do NOTHING to lower inflation but that inflation WILL have gone down since its passing and that Biden and other Democrats will ERRONEOUSLY give it credit for inflation falling. I also have expressed concern over his interference into a possible rail strike.
Just because YOU march in line to idiot Trumper crap doesn't mean that others do that with regard to Biden.
Read and comprehend. To do that, you need to pull your stupid head out of your ass.
I just said that NO policy of Biden's is responsible for the lower inflation that we are beginning to see. I have stated that I am against his student loan forgiveness policy. I have mentioned more than once that the Inflation Reduction Act will do NOTHING to lower inflation but that inflation WILL have gone down since its passing and that Biden and other Democrats will ERRONEOUSLY give it credit for inflation falling. I also have expressed concern over his interference into a possible rail strike.
Just because YOU march in line to idiot Trumper crap doesn't mean that others do that with regard to Biden.
Read and comprehend. To do that, you need to pull your stupid head out of your ass.
You think people read your posts?
LOL!
So, you make judgements about me without reading my posts? Sounds like something a Trumper would do. What a dumb@ss you are.
Hmm...inflation is falling fast, is it? I wonder who said that would happen (Um, that would be me)?
So, moron Trumpers, what policy of Biden's is causing inflation to fall? (hint: no policy is). What policy of his caused world wide inflation? (hint: no policy did).
If you don't know how inflation is calculated, then you need not ever mention your window-licking mouths about it.
Inflation is falling because we are moving further away from the event that caused it. The Fed goosed it a little bit, but their involvement wasn't even necessary.
So, in summary, Trumpers are morons, and Ivanka is stupid as f*ck...oh, and also, eggplant is the worst vegetable.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
you skipped that macro econ course, didn't you?
Anyway, month over month core inflation, as reported today, is just 0.2%.
multiply that by 12 and you get a rough 2.4% run rate on core inflation.
That's inflation falling fast. Maybe you've noticed that stocks are flying and interest rates are falling - they know inflation is falling. But you don't. Might want to check the mirror and spend some quality time with the Wall Street Journal.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
you skipped that macro econ course, didn't you?
Anyway, month over month core inflation, as reported today, is just 0.2%.
multiply that by 12 and you get a rough 2.4% run rate on core inflation.
That's inflation falling fast. Maybe you've noticed that stocks are flying and interest rates are falling - they know inflation is falling. But you don't. Might want to check the mirror and spend some quality time with the Wall Street Journal.
It's not even a pro-Biden thing to say that inflation is falling. It just IS. As we move further away from the event that caused it, inflation will continue to move toward historic norms. That's just the way it is.
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I have a friend who is anti student loan forgiveness yet he said "i got approved for student loan forgiveness. This crazy guy actually did it! If he is gonna sink the ship I might as well take some." This annoyed me. If you dont agree, dont take the money.
This is like republicans who hate on "socialist" policies like the inflation reduction act while accepting tons of funds to help fix their infrastructure.
Joe Walsh @WalshFreedom It just seems to me that the person who led & incited the first ever violent attempt to overthrow an American election ought to be held accountable, ought to be indicted, and ought to be in jail.
Flagpole and agip's definition of inflation is falling fast is 11.6% YOY increase in food prices and an 18.4% YOY increase in energy prices.
you skipped that macro econ course, didn't you?
Anyway, month over month core inflation, as reported today, is just 0.2%.
multiply that by 12 and you get a rough 2.4% run rate on core inflation.
That's inflation falling fast. Maybe you've noticed that stocks are flying and interest rates are falling - they know inflation is falling. But you don't. Might want to check the mirror and spend some quality time with the Wall Street Journal.
Mar.19 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, thinks that we are seeing the least responsible macroeconomic p...
Anyway, month over month core inflation, as reported today, is just 0.2%.
multiply that by 12 and you get a rough 2.4% run rate on core inflation.
That's inflation falling fast. Maybe you've noticed that stocks are flying and interest rates are falling - they know inflation is falling. But you don't. Might want to check the mirror and spend some quality time with the Wall Street Journal.
1:40 - Least responsible macroeconomic policies we've had in the last 40 years.
But according to you and Flagpole no Biden policies caused inflation.
both Flagpole and I agree that some of the stimulus juiced inflation a bit. Most of it was recovery from the plague, but sure, a bit was the stimulus. I think Flagpole agrees with that.
Summers is a broken clock that is right twice a day.
Hmm...inflation is falling fast, is it? I wonder who said that would happen (Um, that would be me)?
So, moron Trumpers, what policy of Biden's is causing inflation to fall? (hint: no policy is). What policy of his caused world wide inflation? (hint: no policy did).
If you don't know how inflation is calculated, then you need not ever mention your window-licking mouths about it.
Inflation is falling because we are moving further away from the event that caused it. The Fed goosed it a little bit, but their involvement wasn't even necessary.
So, in summary, Trumpers are morons, and Ivanka is stupid as f*ck...oh, and also, eggplant is the worst vegetable.
CORRECT!
Well, except that eggplant is not a vegetable. It is a fruit. ;-)
The Maricopa County Justice Courts found far-right streamer Tim "Baked Alaska" Gionet guilty of criminal damage after he defaced a Hanukkah display in December 2020 outside the Arizona Capitol. Gionet, a former Queen Creek resident, was found guilty of criminal damage and attempt to commit criminal damage after he pulled a poster that was part of a Hanukkah display. During the trial, the prosecutors said he also tried pushing the menorah— a candelabrum used in the Jewish holiday of Hanukkah.
Hmm...inflation is falling fast, is it? I wonder who said that would happen (Um, that would be me)?
So, moron Trumpers, what policy of Biden's is causing inflation to fall? (hint: no policy is). What policy of his caused world wide inflation? (hint: no policy did).
If you don't know how inflation is calculated, then you need not ever mention your window-licking mouths about it.
Inflation is falling because we are moving further away from the event that caused it. The Fed goosed it a little bit, but their involvement wasn't even necessary.
So, in summary, Trumpers are morons, and Ivanka is stupid as f*ck...oh, and also, eggplant is the worst vegetable.
CORRECT!
Well, except that eggplant is not a vegetable. It is a fruit. ;-)
It’s easy to take for granted the vegetables we grow in our gardens today. But each one started as a wild plant that needed to be tamed. Here’s how eggplants found their way into our vegetable gardens.
I have a friend who is anti student loan forgiveness yet he said "i got approved for student loan forgiveness. This crazy guy actually did it! If he is gonna sink the ship I might as well take some." This annoyed me. If you dont agree, dont take the money.
This is like republicans who hate on "socialist" policies like the inflation reduction act while accepting tons of funds to help fix their infrastructure.
Sorry, but that is just idiotic.
To do otherwise than what your friend did would be like thinking that a tax cut is a bad idea and then paying more in taxes than you owe in order to stand on your principles.
Dude, just playing off the rather silly argument that people occasionally have about whether a tomato is a vegetable or a fruit. And eggplant is botanically a fruit in exactly the same way that a tomato is (as are pumpkins, zucchini, peppers, . . . ) but for some odd reason people always only ask the question about tomatoes.
1:40 - Least responsible macroeconomic policies we've had in the last 40 years.
But according to you and Flagpole no Biden policies caused inflation.
both Flagpole and I agree that some of the stimulus juiced inflation a bit. Most of it was recovery from the plague, but sure, a bit was the stimulus. I think Flagpole agrees with that.
Summers is a broken clock that is right twice a day.
1) Summers is a dumb@ss.
2) I DO agree that the stimulus (given both during Trump's administration and Biden's administration) had a VERY TINY affect on inflation, but it was just that...VERY TINY and extremely temporary. If not for a raging global pandemic (and similar stimulus given for some other reason), the inflation wouldn't have been noticed. Overall, it likely helped more than it hurt. The HIGH inflation we experienced this year was the result of pent-up demand for goods and services and supply chain issues caused by the pandemic...no Biden policy or Trump policy for that matter, caused that historically high inflation.
3) We are VERY close to having what would be called a BOOMING economy on just about every level, and it is VERY likely that we WILL have that at some point between now and the 2024 election. What Biden policy will be the cause of that? (hint: no Biden policy will be the cause of a booming economy between now and the 2024 election).
4) Presidents have very little power to affect the economy one way or another. I never give a President credit or blame for how the economy does under their watch, because that would be wrong to do so. Presidents are either the beneficiary of a good situation or they are not. Obama inherited an economy in a mess from Bush, and there was no where to go but up...and up it did go...for 8 freakin' years and into the first two years of Trump's administration before the pandemic hit and threw a wrench into everything. VOTERS will vote based on how the economy is doing (because on average voters are stupid), and so one of the silver linings of the pandemic is that it caused a bad economy and helped get that Orange Menace out of the White House.
both Flagpole and I agree that some of the stimulus juiced inflation a bit. Most of it was recovery from the plague, but sure, a bit was the stimulus. I think Flagpole agrees with that.
Summers is a broken clock that is right twice a day.
1) Summers is a dumb@ss.
2) I DO agree that the stimulus (given both during Trump's administration and Biden's administration) had a VERY TINY affect on inflation, but it was just that...VERY TINY and extremely temporary. If not for a raging global pandemic (and similar stimulus given for some other reason), the inflation wouldn't have been noticed. Overall, it likely helped more than it hurt. The HIGH inflation we experienced this year was the result of pent-up demand for goods and services and supply chain issues caused by the pandemic...no Biden policy or Trump policy for that matter, caused that historically high inflation.
3) We are VERY close to having what would be called a BOOMING economy on just about every level, and it is VERY likely that we WILL have that at some point between now and the 2024 election. What Biden policy will be the cause of that? (hint: no Biden policy will be the cause of a booming economy between now and the 2024 election).
4) Presidents have very little power to affect the economy one way or another. I never give a President credit or blame for how the economy does under their watch, because that would be wrong to do so. Presidents are either the beneficiary of a good situation or they are not. Obama inherited an economy in a mess from Bush, and there was no where to go but up...and up it did go...for 8 freakin' years and into the first two years of Trump's administration before the pandemic hit and threw a wrench into everything. VOTERS will vote based on how the economy is doing (because on average voters are stupid), and so one of the silver linings of the pandemic is that it caused a bad economy and helped get that Orange Menace out of the White House.
See no one read this.
I made it point 1. I saw you declare that a man who has made millions with his economic knowledge is a "dumb@ss" and I quit reading because I had enough information at that point to dismiss anything else you could possibly say.