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re: Are we about to hit stagflation?
Posted on 4/25/24 at 12:48 pm to SlowFlowPro
Posted on 4/25/24 at 12:48 pm to SlowFlowPro
You misspelled all inflationary spending is detrimental which is precisely why we shouldn’t be doing any of those things
0
Posted on 4/25/24 at 12:49 pm to stout
quote:
Inflation has never slowed
what?
Posted on 4/25/24 at 1:00 pm to Big Scrub TX
quote:
Big Scrub TX
Here come some really bad takes
Posted on 4/25/24 at 1:04 pm to Privateer 2007
quote:
Trump spent but grew gdp accordingly.
He kept debt to gdp flat.
Not really true.
Posted on 4/25/24 at 1:14 pm to David_DJS
quote:
debt gdp ratio flat
quote:
not really true
Until COVID it was.
Posted on 4/25/24 at 1:18 pm to Privateer 2007
quote:
Until COVID it was.
No, it wasn't. Trump's fiscal years were '18, 19 before Covid. That is not a flat line in the graph for those years.
Why is it so hard for Trump superfans to acknowledge the painfully obvious? Trump sucked sweaty Pelosi balls fiscally. Doesn't mean he's not the equally painfully obvious choice for rightminded Americans this November, but it doesn't do anybody any good to fantasize he's something he's not. Trump is a big government Republican.
Posted on 4/25/24 at 1:24 pm to stout
quote:Your "good" take is that inflation "has never slowed"? Care to show your work? It's a preposterous claim on its face.
Here come some really bad takes
Posted on 4/25/24 at 1:27 pm to stout
quote:We didn't have 8 billion to secure our southern border, but have had almost 200 billion to secure Ukraines.
another $91 billion saying "$91 billion is nothing and wouldn't make a difference"
Posted on 4/25/24 at 1:41 pm to stout
I actually think the fed needs to raise rates a qtr point at the next meeting to just flush out the sticking points
4th qtr, plan for up to half point cut
4th qtr, plan for up to half point cut
Posted on 4/25/24 at 1:41 pm to Bunk Moreland
quote:
Noting that 74% of respondents in a recent poll said they felt inflation in the “past year” was going in the wrong direction, author Greg Ip noted flatly “it’s not true,” adding:
I’m not stating an opinion. This isn’t something on which reasonable people can disagree. If hard economic data count for anything, we can say unambiguously that inflation has moved in the right direction in the past year.
I liken it to being cut. Consumers were being cut 8 times per day, now they are being cut "only" 3 times per day and some economists. journalists and admin officials are flummoxed that consumers aren't happy about the reduction in times they are being cut. Meanwhile, the real issue they are missing while focusing on this is that consumers don't want to continue being cut at all.
Posted on 4/25/24 at 2:31 pm to stout
Mail-in balloting.
Dems are not worried about the economy.
Dems are not worried about the economy.
Posted on 4/25/24 at 2:39 pm to SlowFlowPro
quote:
still have no idea why the DEMS sold out so badly in 2020 to eat this shite sandwich,
Posted on 4/25/24 at 2:51 pm to Big Scrub TX
This drooling retard actually believes the shite that comes from the Biden administration and obviously doesn't go to the grocery store or buy gas.
Posted on 4/25/24 at 2:53 pm to SlowFlowPro
quote:
Again, still have no idea why the DEMS sold out so badly in 2020 to eat this shite sandwich, especially since the recovery likely will occur sometime between 2024 and 2028
You really feel like we're trending into recovery?
Posted on 4/25/24 at 3:19 pm to SloaneRanger
quote:
There’s a word for it: Stagflation. Welcome to the 1970s.
You beat me to it and I remember it well.
These young guys have no clue about the economic shite show we're entering into. They think interest rates, has prices, unemployment, etc., is bad now .... we're about to enter into really nasty territory.
We're nearing Cloward-Piven Strategy end game.
Posted on 4/25/24 at 3:22 pm to SlowFlowPro
quote:
I hope you include Trump in this, given our pre-Covid spending increases 2016-2020
Trump doesnt vote on these bills.
here is how the senate voted....
Vote Counts:YEAs96
NAYs0
Not Voting4
Both cassidy and kennedy voted for it. They represent you so you voted for it.
This post was edited on 4/25/24 at 3:28 pm
Posted on 4/25/24 at 5:11 pm to SlowFlowPro
quote:How would they go about letting Trump own it?
The DEMs would be essentially guaranteed to take everything in 2024 in a landslide, had they let Trump own this post-Covid inflationary era.
Posted on 4/25/24 at 5:13 pm to ReauxlTide222
This stagflation was basically inevitable. He'd have been President for all of it (up to this point)
Posted on 4/25/24 at 5:13 pm to ReauxlTide222
Biden< Carter should be the title
Posted on 4/25/24 at 5:17 pm to dgnx6
quote:
Trump doesnt vote on these bills.
His admin negotiated all of them
quote:
here is how the senate voted....
Vote Counts:YEAs96
NAYs0
Not Voting4
Because it was negotiated prior to the vote
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