B-Man Posted October 21, 2021 Share Posted October 21, 2021 The Car Shortage is About to Get a Whole Lot Worse. Meat, gas, and cars becoming scarce and expensive — we’re living the lefty dream here. https://jalopnik.com/the-car-shortage-is-about-to-get-a-whole-lot-worse-1847892481 Link to comment Share on other sites More sharing options...
Doc Posted October 21, 2021 Share Posted October 21, 2021 I filled-up my home heating oil tank today, expecting prices to sky rocket soon. Wish I had a bigger tank though. Link to comment Share on other sites More sharing options...
B-Man Posted October 26, 2021 Share Posted October 26, 2021 Link to comment Share on other sites More sharing options...
Tiberius Posted October 26, 2021 Share Posted October 26, 2021 Quote U.S. stocks climbed to record levels on Tuesday as major corporations continued to turn in solid quarterly results. https://www.cnbc.com/2021/10/25/stock-market-futures-open-close.html Link to comment Share on other sites More sharing options...
B-Man Posted October 26, 2021 Share Posted October 26, 2021 "Stocks" vs Average Americans. Link to comment Share on other sites More sharing options...
Tiberius Posted October 26, 2021 Share Posted October 26, 2021 1 minute ago, B-Man said: "Stocks" vs Average Americans. Stocks help average Americans. Link to comment Share on other sites More sharing options...
B-Man Posted October 26, 2021 Share Posted October 26, 2021 55 minutes ago, Tiberius said: Stocks help average Americans. Inflation is hurting Average Americans even more.......as you are aware. Link to comment Share on other sites More sharing options...
Tiberius Posted October 26, 2021 Share Posted October 26, 2021 35 minutes ago, B-Man said: Inflation is hurting Average Americans even more.......as you are aware. Not those that are owning inflating assets, like houses...are you are aware Link to comment Share on other sites More sharing options...
RiotAct Posted October 27, 2021 Share Posted October 27, 2021 Unfortunately, homes aren’t liquid, especially if you only own one and live in it. And as far as the stock market is concerned, the average Joe American under a certain age is gonna pay some pretty stiff penalties if they take an early 401(k) or Roth distribution right now. 1 Link to comment Share on other sites More sharing options...
Orlando Tim Posted October 27, 2021 Share Posted October 27, 2021 9 hours ago, Tiberius said: Stocks help average Americans. If my stocks in my IRA go up 15% but I can't touch it for 20 more years how does it help me with the increase of 20% on most things I buy today? 1 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 27, 2021 Share Posted October 27, 2021 3 minutes ago, Buffalo Timmy said: If my stocks in my IRA go up 15% but I can't touch it for 20 more years how does it help me with the increase of 20% on most things I buy today? That’s just tip of the iceberg. The Dems want to tax that paper increase in value….now! Not when you sell it. So you’ll have to pay taxes with whatever savings you may have. Unbelievable! 1 1 Link to comment Share on other sites More sharing options...
Irv Posted October 27, 2021 Share Posted October 27, 2021 (edited) Demented Biden wants to tax your unrecognized gains. Nice - so you buy a house. Fix it up. The assessment goes up. You get higher property and school taxes. Then Botch Biden taxes you on your unrecognized gains. Meanwhile the local schools and towns are still ramming it up your sphincter. Dimwit communist liberals. Tax everyone until working and investment is absolutely pointless. Pointless! How do these idiots not see this has failed every time? Russia, Cuba, Venezuela. Morons. 401K's are next. You watch! Edited October 27, 2021 by Irv Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 27, 2021 Share Posted October 27, 2021 (edited) 17 hours ago, Tiberius said: Not those that are owning inflating assets, like houses...are you are aware I'm shocked that you aren't troubled by the fact that inflationary policies and pressures hurt the working poor and people on fixed incomes the most. As the cost of essentials rise and their incomes don't. And they are under-represented when it comes to home ownership and investment assets. This is a demographic I expect you would advocate for here. But rather you highlight on how the most well off are benefiting at their expense. So are you suggesting the rich getting richer and the poor getting poorer is a positive outcome of Biden's administration and his policies? Edited October 27, 2021 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 27, 2021 Share Posted October 27, 2021 3 hours ago, All_Pro_Bills said: I'm shocked that you aren't troubled by the fact that inflationary policies and pressures hurt the working poor and people on fixed incomes the most. As the cost of essentials rise and their incomes don't. And they are under-represented when it comes to home ownership and investment assets. This is a demographic I expect you would advocate for here. But rather you highlight on how the most well off are benefiting at their expense. So are you suggesting the rich getting richer and the poor getting poorer is a positive outcome of Biden's administration and his policies? Incomes are going up. How have you not noticed that? Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 27, 2021 Share Posted October 27, 2021 (edited) 14 minutes ago, Tiberius said: Incomes are going up. How have you not noticed that? Prices and costs are rising at higher rates than incomes and any perceived income gains are just "money illusion". Nominally you make more dollars but in reality each dollar buys less. Your standard of living is falling. But its been falling for a long time. That's what inflation does. All the government's borrowing and spending is sucking the American citizen dry. Through monetary policy that steals their incomes thru inflationary currency devaluation and discreetly transfers it to the government. Its quite a nice racket. The government's stat claim inflation is about 5.5% but if you strip out all the substitutions, hedonistic adjustments, and assumptions they apply and compare apples to apples its running above 13%. Meanwhile, the rich with excess incomes park cash in financial instruments which benefit the most from all of this and the gap between the wealthy and the middle class/working poor gets larger and larger. If you call yourself a progressive you should be dead set against this arrangement the government has going with the markets and the central bank. And while I disagree with Liz Warren on almost everything I do agree with her in regards to this topic. Edited October 27, 2021 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 27, 2021 Share Posted October 27, 2021 5 minutes ago, All_Pro_Bills said: Prices and costs are rising at higher rates than incomes and any perceived income gains are just "money illusion". Nominally you make more dollars but in reality each dollar buys less. Your standard of living is falling. But its been falling for a long time. That's what inflation does. All the government's borrowing and spending is sucking the American citizen dry. Through monetary policy that steals their incomes thru inflationary currency devaluation and discreetly transfers it to the government. Its quite a nice racket. The government's stat claim inflation is about 5.5% but if you strip out all the substitutions, hedonistic adjustments, and assumptions they apply and compare apples to apples its running above 13%. Meanwhile, the rich with excess incomes park cash in financial instruments which benefit the most from all of this and the gap between the wealthy and the middle class/working poor gets larger and larger. If you call yourself a progressive you should be dead set against this arrangement the government has going with the markets and the central bank. And while I disagree with Liz Warren on almost everything I do agree with her in regards to this topic. Standard of living is fine, consumer confidence sky high, job openings all over the place, no riots, peace and prosperity, sane public policy on pandemic and we are doing fine! Oh ya, and stock market is booming 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 27, 2021 Share Posted October 27, 2021 2 hours ago, Tiberius said: Standard of living is fine, consumer confidence sky high, job openings all over the place, no riots, peace and prosperity, sane public policy on pandemic and we are doing fine! Oh ya, and stock market is booming Sounds like paradise. Meanwhile, the Atlanta Fed has revised its forecast for real US GDP growth for Q3-21 to 0.2%, down from 1.2% 2 weeks ago, down from 6% 2 months ago, and down from 14% in May. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 27, 2021 Share Posted October 27, 2021 36 minutes ago, All_Pro_Bills said: Sounds like paradise. Meanwhile, the Atlanta Fed has revised its forecast for real US GDP growth for Q3-21 to 0.2%, down from 1.2% 2 weeks ago, down from 6% 2 months ago, and down from 14% in May. Oh hurrah!! America didn't do as well as patriotic Americans wanted. You must be so happy A-hole Link to comment Share on other sites More sharing options...
SectionC3 Posted October 27, 2021 Share Posted October 27, 2021 3 hours ago, Tiberius said: Standard of living is fine, consumer confidence sky high, job openings all over the place, no riots, peace and prosperity, sane public policy on pandemic and we are doing fine! Oh ya, and stock market is booming Exactly right. Antifa is dead. That should be a win in and of itself given all of the handwringing about Antifa about a year ago. Link to comment Share on other sites More sharing options...
Tenhigh Posted October 27, 2021 Share Posted October 27, 2021 19 minutes ago, SectionC3 said: Exactly right. Antifa is dead. That should be a win in and of itself given all of the handwringing about Antifa about a year ago. Didn't they just riot in Portland? 1 Link to comment Share on other sites More sharing options...
SectionC3 Posted October 27, 2021 Share Posted October 27, 2021 11 minutes ago, Tenhigh said: Didn't they just riot in Portland? Nah that was the Proud Boys. Releasing a little frustration, I suppose. But if there is mop up work to be done in Antifa, then Biden will get it done. Antifa is dead. Thank you President Biden. 2 Link to comment Share on other sites More sharing options...
Doc Posted October 27, 2021 Share Posted October 27, 2021 21 minutes ago, Tenhigh said: Didn't they just riot in Portland? See no evil... Link to comment Share on other sites More sharing options...
Tenhigh Posted October 27, 2021 Share Posted October 27, 2021 15 minutes ago, SectionC3 said: Nah that was the Proud Boys. Releasing a little frustration, I suppose. But if there is mop up work to be done in Antifa, then Biden will get it done. Antifa is dead. Thank you President Biden. Are you trying to be funny here? 1 Link to comment Share on other sites More sharing options...
OrangeBills Posted October 27, 2021 Share Posted October 27, 2021 7 hours ago, All_Pro_Bills said: I'm shocked that you aren't troubled by the fact that inflationary policies and pressures hurt the working poor and people on fixed incomes the most. As the cost of essentials rise and their incomes don't. And they are under-represented when it comes to home ownership and investment assets. This is a demographic I expect you would advocate for here. But rather you highlight on how the most well off are benefiting at their expense. So are you suggesting the rich getting richer and the poor getting poorer is a positive outcome of Biden's administration and his policies? Tiberius and the other Leftists on here clearly are just not smart about real world things. Fairly obvious by now 1 Link to comment Share on other sites More sharing options...
SectionC3 Posted October 27, 2021 Share Posted October 27, 2021 34 minutes ago, Tenhigh said: Are you trying to be funny here? I think all of you with your wacky views take care of that every day. I’m just pointing out the fact that President Biden has crushed Antifa. I wish all of you who were so fearful of Antifa last October would acknowledge as much and express your appreciation for President Biden’s fine work in destroying what you believed to be this grave threat to our suburbs. Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 27, 2021 Share Posted October 27, 2021 (edited) 3 hours ago, SectionC3 said: I think all of you with your wacky views take care of that every day. I’m just pointing out the fact that President Biden has crushed Antifa. I wish all of you who were so fearful of Antifa last October would acknowledge as much and express your appreciation for President Biden’s fine work in destroying what you believed to be this grave threat to our suburbs. The fact is the DNC was directing Antifa to cause trouble for the previous administration and goad them into open confrontation. Which they would use to cite the authoritarian intent of the Trump administration. But they never took the bait. And when poll numbers showed public dissatisfaction and gains in likely voter support for Trump because of the riots the DNC ordered Antifa, and BLM, to stand down. That's what happened. Even the douche bags at CNN stated at the time they need to stand down because their destructive rioting is hurting Biden. Edited October 27, 2021 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
Tenhigh Posted October 28, 2021 Share Posted October 28, 2021 5 hours ago, SectionC3 said: I think all of you with your wacky views take care of that every day. I’m just pointing out the fact that President Biden has crushed Antifa. I wish all of you who were so fearful of Antifa last October would acknowledge as much and express your appreciation for President Biden’s fine work in destroying what you believed to be this grave threat to our suburbs. You are kind of a sad fellow, sec. Link to comment Share on other sites More sharing options...
Big Blitz Posted October 28, 2021 Author Share Posted October 28, 2021 Link to comment Share on other sites More sharing options...
BillStime Posted October 28, 2021 Share Posted October 28, 2021 3 minutes ago, Big Blitz said: Tax cuts aren’t a problem? Link to comment Share on other sites More sharing options...
Big Blitz Posted October 28, 2021 Author Share Posted October 28, 2021 Hampered by deliberate self destruction Nice job Brandon! 1 Link to comment Share on other sites More sharing options...
B-Man Posted October 28, 2021 Share Posted October 28, 2021 We were told to lower our expectations by The Washington Post, and that’s certainly the story of the latest GDP numbers. Expectations were missed by a full 25 percent, as the third quarter figure came out to just 2.0 percent growth in what is supposed to be an organic recovery. That’s down a whopping 70 percent from the 6.7 percent the country saw in the second quarter. Consider this another “let them eat ice cream” moment for the Biden administration. This follows a string of bad economic news, including the current supply-chain crisis which is only furthering the inflation issues hitting middle-class families. As previously reported, inflation hit 5.4% year over year last month, which represented a 13-year high. High-volume items for consumers like gas and meat products helped lead the way on higher prices, putting a strain on budgets across the nation. The jobs market has also stumbled recently, with expectations being missed by wide margins at times. What’s so infuriating about all this is how preventable it was. Had the president not kneecapped the energy sector and supported job-crushing “reforms” like AB5 (something Biden now wants at the federal level), which has California’s port industry melting down, the recovery would be moving apace. The hysterical messaging on COVID-19 has not helped either. Florida’s ports are booming without major delays, because they did things differently on both fronts. This supply chain crisis could be solved. The energy crisis could be solved. The jobs crisis could be solved. But it would take a mentally capable president who is willing to do things that work, instead of doing things that please the far-left. https://redstate.com/bonchie/2021/10/28/joe-bidens-economy-face-plants-again-as-new-gdp-numbers-cause-concern-n465022 Link to comment Share on other sites More sharing options...
BillStime Posted October 28, 2021 Share Posted October 28, 2021 16 hours ago, All_Pro_Bills said: The fact is the DNC was directing Antifa to cause trouble for the previous administration and goad them into open confrontation. Which they would use to cite the authoritarian intent of the Trump administration. But they never took the bait. And when poll numbers showed public dissatisfaction and gains in likely voter support for Trump because of the riots the DNC ordered Antifa, and BLM, to stand down. That's what happened. Even the douche bags at CNN stated at the time they need to stand down because their destructive rioting is hurting Biden. The fact is? Without providing ANY proof - ridiculous. Project harder. Who was infiltrating the George Floyd protests last year? Yea - we know. boogaloo harder "all pro" Link to comment Share on other sites More sharing options...
B-Man Posted October 28, 2021 Share Posted October 28, 2021 Back to the thread...... Link to comment Share on other sites More sharing options...
Irv Posted October 28, 2021 Share Posted October 28, 2021 On 10/27/2021 at 11:34 AM, B-Man said: UNEXPECTEDLY: Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda. Somewhere, Milton Friedman shakes his head and mutters, “I f*cking told you so.” https://www.nytimes.com/2021/10/26/business/economy/biden-inflation.html Buy Thanksgiving turkey, sides while you still can, grocers say. “We’re having trouble getting a lot of things. But for the stuff we can get, it’s double the price.” https://www.wwltv.com/article/news/local/national-shortage-buy-thanksgiving-groceries-now/289-84073ff5-d16f-49d2-8257-7fbb0f92d45b Nice work by Demented Biden and his communist buddies. No food for Thanksgiving. No presents for Christmas. It doesn't matter, though. Nobody who works for a living, will have any money by Thanksgiving anyway. "America Last" agenda in action! Link to comment Share on other sites More sharing options...
njbuff Posted October 28, 2021 Share Posted October 28, 2021 11 minutes ago, Irv said: Nice work by Demented Biden and his communist buddies. No food for Thanksgiving. No presents for Christmas. It doesn't matter, though. Nobody who works for a living, will have any money by Thanksgiving anyway. "America Last" agenda in action! But at least there aren't any mean tweets anymore. Bi-dumb makes Jimmy Carter look competent. Do you know how difficult that is? 1 Link to comment Share on other sites More sharing options...
Irv Posted October 28, 2021 Share Posted October 28, 2021 30 minutes ago, njbuff said: But at least there aren't any mean tweets anymore. Bi-dumb makes Jimmy Carter look competent. Do you know how difficult that is? Demented Biden is making Carter look like George ***** Washington! 1 Link to comment Share on other sites More sharing options...
B-Man Posted October 29, 2021 Share Posted October 29, 2021 ALL THE BEST PEOPLE ASSURED ME THIS WOULDN’T HAPPEN: US GDP data show stagflation: US looks dead in the water, inflation devouring demand stimulus the government poured into post-Covid economy. https://asiatimes.com/2021/10/us-gdp-data-show-stagflation/ Link to comment Share on other sites More sharing options...
B-Man Posted October 29, 2021 Share Posted October 29, 2021 1 Link to comment Share on other sites More sharing options...
Doc Posted October 29, 2021 Share Posted October 29, 2021 15 hours ago, Irv said: Nice work by Demented Biden and his communist buddies. No food for Thanksgiving. No presents for Christmas. It doesn't matter, though. Nobody who works for a living, will have any money by Thanksgiving anyway. "America Last" agenda in action! Well, the illegals might. That idiot wants to pay them $450K per person. Link to comment Share on other sites More sharing options...
B-Man Posted October 29, 2021 Share Posted October 29, 2021 BLAME THE VICTIM: Jen Psaki Faults Americans’ Spending Habits for Economic Woes: ‘Root Cause’ of Supply Chain Problems. https://www.mediaite.com/news/jen-psaki-faults-americans-spending-habits-for-economic-woes-root-cause-of-supply-chain-problems/ Link to comment Share on other sites More sharing options...
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