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


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On 11/24/2021 at 6:31 PM, BillStime said:

Thank you Brandon!

 

 

 

Democrats Rush to Take Credit for Something They Opposed Because Nothing Matters

 

c06e28f5-7537-47b7-b19a-53a1cd2cd344-860

 

Weekly jobless claims fell to their lowest point in over 50 years, and the Democrats and their mainstream media allies want you to know about it. MSNBC’s resident terrorist sympathizer and Qatari mouthpiece, Mehdi Hasan, shared the news with glee, chastising those that would dare not champion the development in comparison to the record-high inflation the country is experiencing.

 

But like all things in politics and statistics, context is everything. This number represents a single week, the very definition of a cherry-picked stat, but more importantly this was expected and not at all the result of Democrat policies.

 

Why do I say that? Because it was the Democrats, including the Joe Biden administration, that had previously fought to extend enhanced unemployment benefits. It was Republicans that insisted on letting them lapse with the idea being that people would then be more likely to look for work. Sure enough, that’s exactly what’s happened. The enhanced benefits expired in September and we’ve seen sharp week over week decreases in claims over the two months since then.

 

Now, by what logic can Democrats now claim credit for the results of something they vehemently fought against? They wanted people to remain on the unemployment rolls. They fought to keep them there, seeing it as a way to transform the economy. Republicans took the political beating in opposing the extension of enhanced benefits, and now Democrats want to say: “See what we did!”

Yeah, that’s not gonna fly.

 

Dems: “We must extend enhanced unemployment benefits!”

 

GOP: “No, it incentivizes people to stay on unemployment.”

 

(Two months later…) Dems: “Look at how many people WE got off unemployment after enhanced benefits ended!”

 

GOP: “But you were against ending them…”

 

NPC-crowd-1.jpg

 

 

https://redstate.com/bonchie/2021/11/25/democrats-rush-to-take-credit-for-something-they-opposed-because-nothing-matters-n481555

 

 

 

 

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1 hour ago, B-Man said:

 

 

 

Democrats Rush to Take Credit for Something They Opposed Because Nothing Matters

 

c06e28f5-7537-47b7-b19a-53a1cd2cd344-860

 

Weekly jobless claims fell to their lowest point in over 50 years, and the Democrats and their mainstream media allies want you to know about it. MSNBC’s resident terrorist sympathizer and Qatari mouthpiece, Mehdi Hasan, shared the news with glee, chastising those that would dare not champion the development in comparison to the record-high inflation the country is experiencing.

 

But like all things in politics and statistics, context is everything. This number represents a single week, the very definition of a cherry-picked stat, but more importantly this was expected and not at all the result of Democrat policies.

 

Why do I say that? Because it was the Democrats, including the Joe Biden administration, that had previously fought to extend enhanced unemployment benefits. It was Republicans that insisted on letting them lapse with the idea being that people would then be more likely to look for work. Sure enough, that’s exactly what’s happened. The enhanced benefits expired in September and we’ve seen sharp week over week decreases in claims over the two months since then.

 

Now, by what logic can Democrats now claim credit for the results of something they vehemently fought against? They wanted people to remain on the unemployment rolls. They fought to keep them there, seeing it as a way to transform the economy. Republicans took the political beating in opposing the extension of enhanced benefits, and now Democrats want to say: “See what we did!”

Yeah, that’s not gonna fly.

 

Dems: “We must extend enhanced unemployment benefits!”

 

GOP: “No, it incentivizes people to stay on unemployment.”

 

(Two months later…) Dems: “Look at how many people WE got off unemployment after enhanced benefits ended!”

 

GOP: “But you were against ending them…”

 

NPC-crowd-1.jpg

 

 

https://redstate.com/bonchie/2021/11/25/democrats-rush-to-take-credit-for-something-they-opposed-because-nothing-matters-n481555

 

 

 

 

 

You really don't think do you ... you never actually use your brain ... you have no foresight ...

 

COVID

 

Republicans promote pandemic relief they voted against

 

Shameless Republicans Take Credit for Rescue Plan Relief

 

Nicole Malliotakis, Elise Stefanik, and Kevin McCarthy—have been touting parts of Joe Biden’s bill to their constituents, despite having tried to block it

 

Mississippi's Sen. Roger Wicker tweeted about how the legislation would help independent restaurants -- even though every Republican voted against it

 

Biden mocks Republicans for promoting recovery plan they voted against

 

 

INFRASTRUCTURE

 

Alabama Rep. Gary Palmer touted funding in the bill aimed at connecting communities in the Appalachian region - yep, he voted against it

 

GOP Congresswoman Declares Trump ‘Deserves Some Credit’ for Bipartisan Infrastructure Plan

 

 

 

Idiots

 

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On 11/26/2021 at 3:00 PM, BillStime said:

 

Sure but its okay for your guy to cancel the pipe line not only putting hundreds of Americans out of work but also putting hundreds if not thousands of Canadians out of work & leaving them with the debt of the products they had already spent millions on to build the pipeline .

 

Not to mention letting the Canadian gov't know that America can not be counted on fulfilling a contract then you add to it the fact that Joe by executive order probably 1 of the 50 some in the 1st 100 days in office the most ever stopped domestic oil drilling to cause higher gas prices .

 

The guy is a POS & doesn't have a clue of how to run a country store let alone a country .

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On 11/27/2021 at 8:05 AM, BillStime said:

 

 

See that's the ignorants of that post gas was $1.78 not $3.50 (that''s what we B**ch about) and it's only directly due to this POTUS executive orders to stop domestic oil production and in the future stopping the pipe line to keep America energy independents all while developing alternative energies .

 

Add to it the ramifications of pissing off a life long ally while doing so plus the fact that if you raise the minimum wage to $15 a journeyman wage will have to double because flipping hamburgers is not worth $15 a hr . 

 

Use to be out of a week with 7 days x 24 hrs per day being 168 hrs a week minus 40 = 128 hrs left to be productive i use to go work a second job to make more money but todays kids are L.A.Z.Y. and want all the entitlements/free bees of being a American !

 

Sure they need to raise the minimum wage to $9 maybe $10 a hr but for the most part places have done that on their own because they need and want good help but we also need to know that by doing so it's all relevant meaning when you do raise wages all other prices will have to rise accordingly but ignorants doesn't see that and never will ...

 

The drug prices they won't be as apt to put a cap on because that is the back door money from the Super Packs during elections for the politicians along with that of the chemical companies while the EPA, FDA, & others that are suppose to keep us safe look the other way so it all can continue .

 

But you would rather B**CH about something that you don't like about Trump still a year after a new POTUS has been screwing things up rather than see the big picture which proves your ignorants even more with every "IT WAS TRUMPS FAULT" answer and tweets from people like this wombat ...

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1 hour ago, T master said:

 

Sure but its okay for your guy to cancel the pipe line not only putting hundreds of Americans out of work but also putting hundreds if not thousands of Canadians out of work & leaving them with the debt of the products they had already spent millions on to build the pipeline .

 

Not to mention letting the Canadian gov't know that America can not be counted on fulfilling a contract then you add to it the fact that Joe by executive order probably 1 of the 50 some in the 1st 100 days in office the most ever stopped domestic oil drilling to cause higher gas prices .

 

The guy is a POS & doesn't have a clue of how to run a country store let alone a country .

 

What do you expect from a lying POS corrupt career politician who ran as a moderate but was a Marxist puppet?

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By the way, the debt limit deadline is almost here

 

36d0533b-b818-434a-94f6-fc3a60a54ad6-450

 

 

The last time the Senate had to wrangle with the question of funding the operation of the government was in October. That settled the question of keeping the lights on past the November elections, but not all that much further. In fact, the small measure they took at that time is set to run out in a little over two weeks, on December 15th. Not coincidentally, that’s also right around the time that the Senate is supposed to adjourn for the year. But as The Hill points out today, Chuck Schumer and Mitch McConnell don’t appear to even be close to having any sort of deal in the works. This is a convoluted situation with quite a few players involved and it’s being driven almost entirely by political calculations. The Democrats would love to have a deal that puts the matter to rest until after the midterms, but the Republicans have repeatedly stated that they want the Democrats to raise the debt limit by themselves. There may not be any sort of middle ground available here.

 

Congress is only a couple of weeks away from hitting the Dec. 15 deadline to raise the federal debt limit and Senate Majority Leader Charles Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) don’t appear to be anywhere close to a deal.

 

Democrats insist that Schumer will not burn up a week of Senate floor time to use the budget reconciliation process to raise the debt limit with only Democratic votes.

And Republicans say there’s no way that McConnell will be able to round up 10 Republican votes to quash an expected filibuster from conservatives such as Sen. Ted Cruz (R-Texas) and allow Democrats to pass debt-limit legislation with a simple majority under regular order.

 

https://hotair.com/jazz-shaw/2021/11/29/by-the-way-the-debt-limit-deadline-is-almost-here-n431860

 

 

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9 hours ago, T master said:

 

Sure but its okay for your guy to cancel the pipe line not only putting hundreds of Americans out of work but also putting hundreds if not thousands of Canadians out of work & leaving them with the debt of the products they had already spent millions on to build the pipeline .

 

Not to mention letting the Canadian gov't know that America can not be counted on fulfilling a contract then you add to it the fact that Joe by executive order probably 1 of the 50 some in the 1st 100 days in office the most ever stopped domestic oil drilling to cause higher gas prices .

 

The guy is a POS & doesn't have a clue of how to run a country store let alone a country .

 

lmao - lol - lmao - Trump had to SIGN AN EXECUTIVE ORDER to get the pipeline going... and yet, it STILL HAD TO GO THRU an ESR.

 

Construction began in April 2020, but that same month, a federal court said that the project had to go through a full endangered species review. TC Energy appealed the ruling, but the Supreme Court upheld it in July.

 

 

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13 hours ago, BillStime said:

 

Maybe here in the US construction started in 2020 but EC energy have been manufacturing pipe and paying people to move equipment and they had started building in their country since the US permits were okay'd in 2017 it's just the liberal BS red tape here that had stopped the building of it here in the US .

 

Then the loss of jobs is always a plus 1000 people in Canada lost jobs as soon as your President stopped the pipeline on top of the production jobs being lost north of the border i bet they are saying Thanks Joe ...

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53 minutes ago, T master said:

 

Maybe here in the US construction started in 2020 but EC energy have been manufacturing pipe and paying people to move equipment and they had started building in their country since the US permits were okay'd in 2017 it's just the liberal BS red tape here that had stopped the building of it here in the US .

 

Then the loss of jobs is always a plus 1000 people in Canada lost jobs as soon as your President stopped the pipeline on top of the production jobs being lost north of the border i bet they are saying Thanks Joe ...


Sounds a lot like the US Canada Peace Bridge Authority bought steal for the new bridge before an EIS was complete.

 

Poor planning 

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8 hours ago, BillStime said:


Sounds a lot like the US Canada Peace Bridge Authority bought steal for the new bridge before an EIS was complete.

 

Poor planning 

 

More fulfilling a agenda like the green new deal - with in the first 100 days 52 executive orders reversing what gave us $1.78 gas prices 

1) stop domestic oil drilling

2) kill pipe line for future energy independence

3) pass bill to put money in auto manufacturers to electric programs  

4) gas prices raise 60% over the first year in office specifically due to executive order to stop domestic oil production 

5) push second covid bill to start inflation

6) due to higher gas prices, inflation & taxes strangle American public into buying electric cars

7) all while fuel is what is needed to produce the electric so electric prices go up because of 1-2-3-4-5-6

 

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 BREAKING: US only adds 210,000 jobs in November. 

 

“Economists expected a job-creation boost of 573,000.

 

The BLS reported that the US economy added well below half of that. Only 210,000 jobs got created in November, another in a series of disappointing results in an economy where millions of jobs have yet to be recreated more than a year after most of the pandemic shutdowns ended. . . . That’s the lowest month total in nearly a year, and there’s no particular outside event driving the disappointment.”

 

Plus: “This will come as a rude shock to the White House, which used better numbers from September and October to promote Joe Biden’s economic policies. Earlier this week, Biden himself claimed to have created 5.6 million jobs this year in a record expansion of the workforce, but that’s simply not true. The jobs being created now are replacements for those destroyed by government-imposed shutdowns last year, mainly in the first and second quarters of 2020. We are now in the fourth quarter of 2021 and we’re still around six million jobs short of where would otherwise be by now, and it looks as though the economy is stalling well short of a jobs recovery.”

 

https://hotair.com/ed-morrissey/2021/12/03/breaking-us-adds-n432942

 

 

 

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48 minutes ago, B-Man said:

 

 

 BREAKING: US only adds 210,000 jobs in November. 

 

“Economists expected a job-creation boost of 573,000.

 

The BLS reported that the US economy added well below half of that. Only 210,000 jobs got created in November, another in a series of disappointing results in an economy where millions of jobs have yet to be recreated more than a year after most of the pandemic shutdowns ended. . . . That’s the lowest month total in nearly a year, and there’s no particular outside event driving the disappointment.”

 

Plus: “This will come as a rude shock to the White House, which used better numbers from September and October to promote Joe Biden’s economic policies. Earlier this week, Biden himself claimed to have created 5.6 million jobs this year in a record expansion of the workforce, but that’s simply not true. The jobs being created now are replacements for those destroyed by government-imposed shutdowns last year, mainly in the first and second quarters of 2020. We are now in the fourth quarter of 2021 and we’re still around six million jobs short of where would otherwise be by now, and it looks as though the economy is stalling well short of a jobs recovery.”

 

https://hotair.com/ed-morrissey/2021/12/03/breaking-us-adds-n432942

 

 

 

 

So people going back to work after the lockdowns is considered job CREATION.   I hate politicians.....in case I've not mentioned it often enough.  

 

And isn't the holiday season when jobs (many temporary) ramp up?  

 

Stories from the trenches.  One of the firms we deal with has had incredible challenges with hold wait times.  We had a meeting with them yesterday and brought that up.  They said they have 80 customer service jobs posted as available with few people taking them.  

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1 hour ago, Chef Jim said:

 

So people going back to work after the lockdowns is considered job CREATION.   I hate politicians.....in case I've not mentioned it often enough.  

 

And isn't the holiday season when jobs (many temporary) ramp up?  

 

Stories from the trenches.  One of the firms we deal with has had incredible challenges with hold wait times.  We had a meeting with them yesterday and brought that up.  They said they have 80 customer service jobs posted as available with few people taking them.  


Odd… CNBC said Labor force participation is near pre pandemic levels and unemployment rate is 4.2% but I see the same labor scarcity. I guess everyone just took an Amazon driver job.

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 POINTS

* Weekly jobless claims totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969.

* Continuing claims, which run a week behind the headline number, increased 38,000 to just shy of 2 million.

* Weekly jobless claims tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported       Thursday.

   Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.

 

https://www.cnbc.com/2021/12/09/us-weekly-jobless-claims.html

 

Biden is delivering the fastest economic recovery in history. Why hasn't anyone noticed?

 

https://thehill.com/opinion/white-house/584905-biden-is-delivering-the-fastest-economic-recovery-in-history-why-hasnt

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The worst spending bill ever: Democrats’ $1.9T ‘rescue’ is drowning us

by Brian Riedl

 

More than eight months after its enactment, the $1.9 trillion American Rescue Plan continues to reveal itself as the most damaging spending bill enacted in decades. ARP was initially promoted primarily as health-care legislation to finance COVID vaccines and treatments (even though just 1 percent of its cost went towards vaccines and only 5 percent had any direct relation to health care) and secondarily as a relief bill.

 

Instead, the legislation became a large grab bag of giveaways and economic “stimulus” provisions that even left-of-center economists such as Lawrence Summers, Jason Furman, and Mark Zandi warned was too expensive, too inflationary, too unnecessary, and too wasteful.

 

https://nypost.com/2021/12/08/dems-1-9t-spending-bill-likely-most-expensive-bill-of-past-50-years/

 

 

 

 

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2 minutes ago, B-Man said:

 

 

The worst spending bill ever: Democrats’ $1.9T ‘rescue’ is drowning us

by Brian Riedl

 

More than eight months after its enactment, the $1.9 trillion American Rescue Plan continues to reveal itself as the most damaging spending bill enacted in decades. ARP was initially promoted primarily as health-care legislation to finance COVID vaccines and treatments (even though just 1 percent of its cost went towards vaccines and only 5 percent had any direct relation to health care) and secondarily as a relief bill.

 

Instead, the legislation became a large grab bag of giveaways and economic “stimulus” provisions that even left-of-center economists such as Lawrence Summers, Jason Furman, and Mark Zandi warned was too expensive, too inflationary, too unnecessary, and too wasteful.

 

https://nypost.com/2021/12/08/dems-1-9t-spending-bill-likely-most-expensive-bill-of-past-50-years/

 

 

 

 

Lol, ya, whatever, and white people were banned from the stimulus, right? 

 

 

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22 hours ago, Tiberius said:

 POINTS

* Weekly jobless claims totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969.

* Continuing claims, which run a week behind the headline number, increased 38,000 to just shy of 2 million.

* Weekly jobless claims tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported       Thursday.

   Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.

 

https://www.cnbc.com/2021/12/09/us-weekly-jobless-claims.html

 

Biden is delivering the fastest economic recovery in history. Why hasn't anyone noticed?

 

https://thehill.com/opinion/white-house/584905-biden-is-delivering-the-fastest-economic-recovery-in-history-why-hasnt


Couple things of note from that article. 
 

FTA:

 

Quote

Not only is that incorrect, it points to Democrats' biggest problem: a conservative media machine pumping out economic disinformation on a 24/7 production schedule. 

 

They are blaming Conservative media machine??  😂😂😂

 

What I didn’t see in the article is what exactly the Biden Administration had done specifically to create this other than “being there”.    When you are at the rock bottom heading up is easy.  

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23 hours ago, Tiberius said:

 POINTS

* Weekly jobless claims totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969.

* Continuing claims, which run a week behind the headline number, increased 38,000 to just shy of 2 million.

* Weekly jobless claims tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported       Thursday.

   Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.

 

https://www.cnbc.com/2021/12/09/us-weekly-jobless-claims.html

 

Biden is delivering the fastest economic recovery in history. Why hasn't anyone noticed?

 

https://thehill.com/opinion/white-house/584905-biden-is-delivering-the-fastest-economic-recovery-in-history-why-hasnt

 

 

Basically because it's BS with as many people as there is unemployed because of covid for god sake there should be a surge in employment there are were hiring signs every where so why not use the number from where employment was before covid hit ?

 

Every body meaning the media, libs and the rest used the numbers of people that were made to stay home because of covid as something that Trump did wrong when he was in office to go see he's bad for the economy to say he was the worst but now Joe is the best because of the natural order of the economy having to come back to work ?

 

Grab it while you can because under normal circumstances he wouldn't be getting these accolades that's for sure ... Not to mention those that can no longer claim unemployment helps the numbers too .

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Massive number of retirements opened up some better paying jobs . Some are being fired for not getting covid shot. Child care is unaffordable or not even available for many. It will take time to train the new hires . The pandemic ruined the world , thanks China.

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"Prices climbed 6.8% in November compared with last year, largest rise in nearly four decades, as inflation spreads through economy."

 

WaPo reports.  https://www.washingtonpost.com/business/2021/12/10/inflation-november-cpi-fed-biden/

 

Top officials at the White House and Fed have maintained that unsustainably high prices won’t become a permanent feature of the economy... But over the past few months, they’ve been forced to back away from their initial message that inflation is temporary, or “transitory”....

 

The Biden administration has suffered low approval ratings and political attacks from Republicans, who blame Democrats’ stimulus measures for overheating the economy this year. Inflation has also emerged as a top concern for voters ahead of the 2022 midterms, especially because the cost of food or gas is often a test for how people perceive the economy....

 

This is a such an obvious disaster that WaPo can't find a way to help Biden or blame Republicans. There's an ineffectual slap at Republicans — for blaming Democrats. But you can't blame Republicans for blaming Democrats. The Democrats are in charge.

 

 

 

 

 

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Just now, B-Man said:

 

 

"Prices climbed 6.8% in November compared with last year, largest rise in nearly four decades, as inflation spreads through economy."

 

WaPo reports.  https://www.washingtonpost.com/business/2021/12/10/inflation-november-cpi-fed-biden/

 

Top officials at the White House and Fed have maintained that unsustainably high prices won’t become a permanent feature of the economy... But over the past few months, they’ve been forced to back away from their initial message that inflation is temporary, or “transitory”....

 

The Biden administration has suffered low approval ratings and political attacks from Republicans, who blame Democrats’ stimulus measures for overheating the economy this year. Inflation has also emerged as a top concern for voters ahead of the 2022 midterms, especially because the cost of food or gas is often a test for how people perceive the economy....

 

This is a such an obvious disaster that WaPo can't find a way to help Biden or blame Republicans. There's an ineffectual slap at Republicans — for blaming Democrats. But you can't blame Republicans for blaming Democrats. The Democrats are in charge.

 

 

 

 

 

I guess the Washington Post wasn’t invited to the briefings about media coverage? Lol

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1 hour ago, ALF said:

Massive number of retirements opened up some better paying jobs . Some are being fired for not getting covid shot. Child care is unaffordable or not even available for many. It will take time to train the new hires . The pandemic ruined the world , thanks Democrats.

 

 

Fify

 

All self inflicted 

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2 hours ago, T master said:

 

 

Basically because it's BS with as many people as there is unemployed because of covid for god sake there should be a surge in employment there are were hiring signs every where so why not use the number from where employment was before covid hit ?

 

Every body meaning the media, libs and the rest used the numbers of people that were made to stay home because of covid as something that Trump did wrong when he was in office to go see he's bad for the economy to say he was the worst but now Joe is the best because of the natural order of the economy having to come back to work ?

 

Grab it while you can because under normal circumstances he wouldn't be getting these accolades that's for sure ... Not to mention those that can no longer claim unemployment helps the numbers too .

This is as good as the economy gets. Things are going swimmingly, with a few problems. 

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7 hours ago, B-Man said:

 

 

"Prices climbed 6.8% in November compared with last year, largest rise in nearly four decades, as inflation spreads through economy."

 

WaPo reports.  https://www.washingtonpost.com/business/2021/12/10/inflation-november-cpi-fed-biden/

 

Top officials at the White House and Fed have maintained that unsustainably high prices won’t become a permanent feature of the economy... But over the past few months, they’ve been forced to back away from their initial message that inflation is temporary, or “transitory”....

 

The Biden administration has suffered low approval ratings and political attacks from Republicans, who blame Democrats’ stimulus measures for overheating the economy this year. Inflation has also emerged as a top concern for voters ahead of the 2022 midterms, especially because the cost of food or gas is often a test for how people perceive the economy....

 

This is a such an obvious disaster that WaPo can't find a way to help Biden or blame Republicans. There's an ineffectual slap at Republicans — for blaming Democrats. But you can't blame Republicans for blaming Democrats. The Democrats are in charge.

 

 

 

 

 

I wonder what percentage of Americans received at least a 6.8% raise this past year.  I bet it's less than 5%, maybe less than 2%. 

 

The midterms are going to be epic.

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38 minutes ago, Precision said:

I wonder what percentage of Americans received at least a 6.8% raise this past year.  I bet it's less than 5%, maybe less than 2%. 

 

The midterms are going to be epic.

 

If covid ,inflation and shortages don't improve  huge,  Republicans will win epic in 22 and maybe 24. 

 

I almost forgot crime with crazy bail and no jail time . 

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4 minutes ago, ALF said:

 

If covid ,inflation and shortages don't improve  huge,  Republicans will win epic in 22 and maybe 24. 

 

Even if they don't improve if there was some sign of leadership in DC (from either party) they wouldn't have to worry.  I hope people realize that ***** happens and it takes a good leader to "calm the troops" in times like these.  Trump didn't do it and look where he is now. 

7 hours ago, Tiberius said:

This is as good as the economy gets. Things are going swimmingly, with a few problems. 

 

7% inflation is as good as it gets?  Take your blinders off.  Swimmingly.   :rolleyes:

 

When I talk to people, and I talk to a lot of them about this *****, they aren't talking levels of employment.  They are talking taxes and......INFLATION.  

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45 minutes ago, Precision said:

I wonder what percentage of Americans received at least a 6.8% raise this past year.  I bet it's less than 5%, maybe less than 2%. 

 

The midterms are going to be epic.

 

And retirees get shafted again with their SS COLA not keeping pace.  

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1 hour ago, Chef Jim said:

 

And retirees get shafted again with their SS COLA not keeping pace.  

 

What's worse is monthly medicare part B increasing to to $170.10. $340.20 a month per couple due to covid cost.

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This is the most bizarre economy I can remember. There’s a supply chain crisis partly due because of jobs not being filled. Then there’s inflation from all the stimulus money.
 

So what we have is low supply, but high demand for things that are now very costly. That’s very bad. 
 

Shutting down the economy was a big mistake and then the second big mistake was sending stimulus money to everyone. Now everyone is screwed. 
 

Idk how businesses are going to recoup, because Biden is going to raise everyone’s taxes bc that’s what dems do. This could lower inflation, but not if it causes higher unemployment at the same time (bc Biden will send out more stimulus to those who aren’t employed).

 

so this is becoming really, really messed up. Just leave the economy and small businesses alone. 

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