Jump to content

Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


Recommended Posts

11 minutes ago, Chef Jim said:

 

Now you're talking about the risk.  Earlier it was being able to eat.  Which is it?  

 

Why would I go on unemployment?  I make good money by working.  

 

UI Insurance?  

Yeah, you pay into it. It comes out of your paycheck. They don’t take it out of yours?

Link to comment
Share on other sites

4 minutes ago, B-Man said:

 

 

This will help.

 

WITH GAS SHORTAGES APPEARING DUE TO PIPELINE SHUTDOWNS, 

 

Gretchen Whitmer shuts down another pipeline.

 

https://www.msn.com/en-us/news/us/whitmer-orders-line-5-pipeline-shutdown-by-may-2021/ar-BB1b0buD

 

 

This is what they want.  

 

$4 - $5 a gallon gas.

 

By July 4, you might be able to have a BBQ with 3 friends. 

 

But I guarantee you will be looking at $4 a gallon gas.  

 

By Labor Day it will be $5.  

  • Thank you (+1) 1
Link to comment
Share on other sites

Seems a frighteningly gleeful thread based on very little data from a single jobs report very early in an Administration...

 

but...

 

On the Ds, huh?

 

Why don't you tell everyone pandering to you and your complaining in your whiny thread here how much Covid relief was passed under the Trump Administration with a Republican Senate?

 

And yet... it's Biden who's fully responsible for what you're prematurely whining about???

Link to comment
Share on other sites

11 hours ago, Big Blitz said:

 

 

This is what they want.  

 

$4 - $5 a gallon gas.

 

By July 4, you might be able to have a BBQ with 3 friends. 

 

But I guarantee you will be looking at $4 a gallon gas.  

 

By Labor Day it will be $5.  


You guarantee?  It’s been $4 plus here in CA for awhile now. 

Link to comment
Share on other sites

8 hours ago, transplantbillsfan said:

Seems a frighteningly gleeful thread based on very little data from a single jobs report very early in an Administration...

 

but...

 

On the Ds, huh?

 

Why don't you tell everyone pandering to you and your complaining in your whiny thread here how much Covid relief was passed under the Trump Administration with a Republican Senate?

 

And yet... it's Biden who's fully responsible for what you're prematurely whining about???


Single jobs report?  How about inflation? 
 

It’s not fully Biden’s “fault” but he’s in charge now so he has to take some ownership no?  Do you agree that we need to look to him? 
 

Whatever happened to the “the buck stops here”?

 

You are all are so quick to blame Trump for the pandemic so logic would lead us to point some fingers at Biden?  The market is typically a leading indicator and the fear of inflation is affecting the market for now at least. 
 

And of course Biden will get all the credit when the virus “disappears” and Trump, though he fast tracked the vaccine, will get none. 

  • Like (+1) 1
Link to comment
Share on other sites

9 hours ago, transplantbillsfan said:

Seems a frighteningly gleeful thread based on very little data from a single jobs report very early in an Administration...

 

 

U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

 

 

The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services.

 

The rate of inflation over the past year jumped to 4.2% from 2.6% in the prior month — the highest level since 2008.

 

https://on.mktw.net/3hqWM8h

 

 

Link to comment
Share on other sites

×
×
  • Create New...