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Merry Christmas now back to reality

Posted on 12/25/22 at 8:17 pm
Posted by beebefootballfan
Member since Mar 2011
19083 posts
Posted on 12/25/22 at 8:17 pm
2023 and beyond is going to suck for the working man

LINK

quote:

This wholesale inflation is ultimately passed on to consumers in the form of higher prices. However, businesses have been shielding customers from some price increases to preserve sales, which is why the PPI has run hotter than the CPI for every single month of Biden’s presidency.


quote:

Although the slowdown in inflation in certainly welcome, it’s not a sign of things to come. By opening the strategic petroleum reserve, Biden has flooded the market with crude, which has momentarily brought down energy prices. But when the spigot is eventually shut, if for no other reason than the salt domes are emptied, prices will resume their relentless march higher. That’s bad news for millions of American families. Record high diesel prices, for instance, raised prices throughout the economy and were a key contributor to creating four-decade high inflation. That caused American households to lose $1 trillion in net worth in the third quarter of this year, and that was after losing $6 trillion in the second quarter. No wonder almost 70 percent of Americans are struggling to buy food, with some having to finance groceries on credit cards.
Posted by idlewatcher
County Jail
Member since Jan 2012
79453 posts
Posted on 12/25/22 at 8:49 pm to
Look at how much value several blue chips have lost in the last year.

Amazon
Microsoft
Oracle
Etc etc In many cases 1/2 of their 2020 value.
Posted by LRB1967
Tennessee
Member since Dec 2020
16003 posts
Posted on 12/25/22 at 9:06 pm to
quote:

almost 70 percent of Americans are struggling to buy food


And the Dems/RINOs have sent billions of dollars to Ukraine.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
25087 posts
Posted on 12/25/22 at 9:07 pm to
quote:

2023 and beyond is going to suck for the working man


The current establishment RINOs played their role perfectly and effectively neutralized the upcoming House majority by passing the omnibus. The majority means pretty much nothing now that they're neutered. What are they going to do, launch committees and investigations into people and entities that can't be touched? Yes, and it will result in nothing but more wasted time and money.

1.7 trillion dollars.

$1,700,000,000,000. That's a lot of zeros.

That's how much of our tax money that we already don't have, that our exalted supreme subjugators are spending to fund themselves and their agenda for 12 months.

We are so fricked that I can only laugh
Posted by blueagateblues
Member since Sep 2022
241 posts
Posted on 12/25/22 at 9:13 pm to
Thank you President Trump for making it legal to wish one another “Merry Christmas” and putting the atheist libtards back in their place.
Posted by Bass Tiger
Member since Oct 2014
46545 posts
Posted on 12/25/22 at 9:17 pm to
I’ve listened to several economists and investment gurus say that inflation has likely peaked and by late 2023 inflation could 4% or lower…….we’ll see.

Let this marinate…..the cost to service US debt is approaching $750 billion annually.
This post was edited on 12/25/22 at 9:22 pm
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 12/26/22 at 7:45 am to
quote:

suck


There are better words than this crude, vapid choice.
Posted by 504LikeitwasB4
Member since Oct 2021
427 posts
Posted on 12/26/22 at 7:54 am to
Indeed, back to reality. I wonder, if during my trans transition I should have my new mammaries placed on my back? I think it would make me a much more desirable dance partner, no?
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