PetermansRedemption Posted September 23, 2022 Share Posted September 23, 2022 On 9/21/2022 at 4:05 PM, The Frankish Reich said: Happy Days are here again for fixed income investors! I just laddered a bunch of Treasuries in one of my retirement accounts. The Fed is hellbent on crushing inflation. Yeah, there will be a little (or lot of) recession to get the job done, so watch out, markets. But the Fed sees inflation now at about 3.5 percent ongoing (not the backward looking year over year), and they say they’re committed to bringing it down to their 2 percent target. With 2 year Treasuries now over 4 percent, there’s real money to be made in super safe income investments. Depends on where you are in your life, but for me, the return of a normal interest rate environment is a good thing. I wish these rising interesting rates would make it possible to get a decent rate on a savings account or money market account. Link to comment Share on other sites More sharing options...
B-Man Posted September 26, 2022 Share Posted September 26, 2022 Biden’s Inflation Takes a Huge Toll on Christmas Shopping. https://pjmedia.com/news-and-politics/matt-margolis/2022/09/26/bidens-inflation-takes-a-huge-toll-on-christmas-shopping-n1632222 . Link to comment Share on other sites More sharing options...
B-Man Posted September 28, 2022 Share Posted September 28, 2022 Biden flirts with inflation denial ahead of midterm elections. President Joe Biden is minimizing inflation in a way that could become a problem in the midterm elections, as consumer prices remain stubbornly high. Biden’s latest efforts to wave away inflation come on the heels of a White House party, complete with a musical performance by legendary boomer singer-songwriter James Taylor, celebrating a new law with “inflation” in the title on the same day the announcement of an 8.3% August inflation rate sent stock markets tumbling. The president insisted inflation was up “hardly at all” from the previous months when asked about the consumer price index for August during a rare interview with 60 Minutes. https://www.msn.com/en-us/news/politics/biden-flirts-with-inflation-denial-ahead-of-midterm-elections/ar-AA12067C Link to comment Share on other sites More sharing options...
B-Man Posted September 28, 2022 Share Posted September 28, 2022 . Link to comment Share on other sites More sharing options...
Chef Jim Posted September 28, 2022 Share Posted September 28, 2022 6 minutes ago, B-Man said: . The most brain dead, out of touch, economically illiterate line I’ve heard. That line needs to be played in a loop every day everywhere by every GOP running for election or re-election for the next month and then continued until 11/24. 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 28, 2022 Share Posted September 28, 2022 🎯 Trump's policies continue to weigh down our economy... Link to comment Share on other sites More sharing options...
TSOL Posted September 28, 2022 Share Posted September 28, 2022 10 minutes ago, BillStime said: 🎯 Trump's policies continue to weigh down our economy... Don't worry, he'll be going to jail soon for stealing nuclear secrets 😂 3 Link to comment Share on other sites More sharing options...
Tiberius Posted September 28, 2022 Share Posted September 28, 2022 19 minutes ago, TSOL said: Don't worry, he'll be going to jail soon for stealing nuclear secrets 😂 Will you get in line to visit Saint Trump in jail? Link to comment Share on other sites More sharing options...
Chef Jim Posted September 28, 2022 Share Posted September 28, 2022 1 hour ago, BillStime said: 🎯 Trump's policies continue to weigh down our economy... Inflation started when Trump was in office? Can we get some documentation for that? Oh ***** it. You'll just yell some dumb rabbit hole *****. Here you go you lying *****! 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 28, 2022 Share Posted September 28, 2022 44 minutes ago, Chef Jim said: Inflation started when Trump was in office? Can we get some documentation for that? Oh ***** it. You'll just yell some dumb rabbit hole *****. Here you go you lying *****! Here you go: https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm When does inflation start the current upward trajectory? Here I’ll help you out: Link to comment Share on other sites More sharing options...
Big Blitz Posted September 28, 2022 Share Posted September 28, 2022 7 minutes ago, BillStime said: Here you go: https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm When does inflation start the current upward trajectory? Here I’ll help you out: Why was there a sharp trajectory down between August 2018 and August of 2020? Can we get that President back? What in the world went wrong after that?? Link to comment Share on other sites More sharing options...
BillStime Posted September 28, 2022 Share Posted September 28, 2022 6 minutes ago, Big Blitz said: Why was there a sharp trajectory down between August 2018 and August of 2020? Can we get that President back? What in the world went wrong after that?? What did Trump inherit? What was the economy ALREADY doing before he took office? Did economic numbers only start being captured in 2017? It was already growing - so what did he do? Instead of paying down the debt like he promised - he gave a huge tax cut to the rich and corporate America - which took a huge hit on federal revenue and what did Trump continue to do? He just kept on spending... Trump predicted the economy would grow at a home-run pace with no recessions for the next decade, and he proposed massive cuts to education, health care and other nondefense parts of the budget that will not be enacted. And then COVID hit - and Trumps amazing economy BLEW UP in March 2020… ETTD Link to comment Share on other sites More sharing options...
Big Blitz Posted September 28, 2022 Share Posted September 28, 2022 9 minutes ago, BillStime said: And then they busted out COVID - and Trumps amazing economy BLEW UP in March 2020… because we couldn't let him win. Don't believe us? Look how upset we got when a Trump like populist won in Italy. Yea we're that crazy ETTD Fixed Link to comment Share on other sites More sharing options...
Doc Posted September 28, 2022 Share Posted September 28, 2022 More BSTime from BSTime. Proving that Dems live in an alternate universe of make-believe and/or stupidity and/or ignorance. Link to comment Share on other sites More sharing options...
SoCal Deek Posted September 28, 2022 Share Posted September 28, 2022 28 minutes ago, BillStime said: What did Trump inherit? What was the economy ALREADY doing before he took office? Did economic numbers only start being captured in 2017? It was already growing - so what did he do? Instead of paying down the debt like he promised - he gave a huge tax cut to the rich and corporate America - which took a huge hit on federal revenue and what did Trump continue to do? He just kept on spending... Trump predicted the economy would grow at a home-run pace with no recessions for the next decade, and he proposed massive cuts to education, health care and other nondefense parts of the budget that will not be enacted. And then COVID hit - and Trumps amazing economy BLEW UP in March 2020… ETTD Trump cut the uppermost tax rate from 37.5% back down to 35%. The same rate it was when Obama entered office. Huge tax cut? Hardly! 1 Link to comment Share on other sites More sharing options...
B-Man Posted September 28, 2022 Share Posted September 28, 2022 4 minutes ago, SoCal Deek said: Trump cut the uppermost tax rate from 37.5% back down to 35%. The same rate it was when Obama entered office. Huge tax cut? Hardly! There you go, confusing them with the facts again. . Link to comment Share on other sites More sharing options...
TSOL Posted September 28, 2022 Share Posted September 28, 2022 I just heard a report on the radio saying Halloween pumpkins are expected to be smaller and more expensive this year than in previous years. Link to comment Share on other sites More sharing options...
SoCal Deek Posted September 28, 2022 Share Posted September 28, 2022 Just now, B-Man said: There you go, confusing them with the facts again. . As I’m actually in the bracket, it’s personal to me! This tax cut for the rich bull is utter nonsense. 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted September 28, 2022 Share Posted September 28, 2022 13 minutes ago, TSOL said: I just heard a report on the radio saying Halloween pumpkins are expected to be smaller and more expensive this year than in previous years. And the 6 Fall Mum plants my wife puts out that die or get eaten by Deer every year will now run me about $30. 1 Link to comment Share on other sites More sharing options...
TSOL Posted September 28, 2022 Share Posted September 28, 2022 37 minutes ago, All_Pro_Bills said: And the 6 Fall Mum plants my wife puts out that die or get eaten by Deer every year will now run me about $30. I wonder what Christmas trees are going to cost this year. Link to comment Share on other sites More sharing options...
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