Jump to content

Highest inflation since...


Recommended Posts

On 7/20/2021 at 1:08 PM, mjd1001 said:

Ok, the inflation is as much (or more) a result of supply shortages, labor shortages, transportation issues...a backlog of services...basically things CAUSED by the pandemic....more than the actions of any 1 of the two parties.  Go ahead, Libs blame the right and the right can blame the libs....that is just you being a 'blowhard' for your own side.   Deficit spending and increased money supply...does that ADD to the issue? It sure does, but that is the fault of BOTH sides.

 

Commodity prices have already come down alot. When the supply chain gets better (it is GETTING better already) than inflation will level out.  Now mind you, that doesn't mean prices will go DOWN...just the rate at which they are going up will flatten.

Just to be clear: The pandemic didn’t cause any of this. It was caused by the governmental reaction to the pandemic. 

  • Like (+1) 1
  • Thank you (+1) 2
Link to comment
Share on other sites

3 hours ago, SoCal Deek said:

Just to be clear: The pandemic didn’t cause any of this. It was caused by the governmental reaction to the pandemic. 

The 1st stimulus was to help the people

The 2nd stimulus was to help busineses

The 3rd stimulus was to buy votes

The 4th stimulus is to institute socialism.

 

  • Like (+1) 2
  • Thank you (+1) 1
  • Dislike 1
Link to comment
Share on other sites

7 hours ago, unbillievable said:

The 1st stimulus was to help the people

The 2nd stimulus was to help busineses

The 3rd stimulus was to buy votes

The 4th stimulus is to institute socialism.

 

 

 

It's just very clear...the Legislative agenda is petering out, the March $1.9T is looking like a bad deal;  the Infra close to failing;  the $3.5T looks lost...

Got to get the people back dependent on the Gov't quick, even if people aren't sick enough to be hospitalized or die...just very clear

  • Like (+1) 2
  • Thank you (+1) 1
Link to comment
Share on other sites

5 hours ago, OrangeBills said:

 

 

It's just very clear...the Legislative agenda is petering out, the March $1.9T is looking like a bad deal;  the Infra close to failing;  the $3.5T looks lost...

Got to get the people back dependent on the Gov't quick, even if people aren't sick enough to be hospitalized or die...just very clear

 

I just can't understand how swiftly and efficiently Dopey Biden and the idiot Dems were able to completely destroy the economy.  What a mess.  

Link to comment
Share on other sites

What a loaded ridiculous headline that's also wrong.

 

"This thing has been reduced to its lowest levels ever because of this other thing so what will ever happen when the thing comes to an end!"  

 

Omg poverty will be back obviously.

 

If poverty is at a record low it is NOT because of aid that has been used in just 10 plus months.  Absolutely ridiculous.  

 

 

Screenshot_20210728-175338_One UI Home.jpg

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

1 hour ago, B-Man said:

 

 

 

 

 

 

 

Toy prices will rise in time for Christmas sales. You'll pay more for lots of items soon as inflation rises.

 

https://hotair.com/karen-townsend/2021/07/29/toy-prices-will-rise-in-time-for-christmas-sales-youll-pay-more-for-lots-of-items-soon-as-inflation-rises-n405331

 

 

 

But January 6th!!!!!!!!

 

Chris Cuomo is interviewing a restaurant owner that had the audacity to want non vaccinated in his restaurant only!  Omg!!!

 

 

 

We have a never ending pandemic that is being exacerbated by the thugs in charge and the media cheering their every move  - unless it's Ron DeSantis.

 

We have inflation that in the matter of 6 months led to an overall wage decline of 2% on all Americans.

 

This country of stupid is being distracted by design while the actual insurrection unfolds.   

  • Like (+1) 2
Link to comment
Share on other sites

On 7/28/2021 at 1:29 AM, unbillievable said:

The 1st stimulus was to help the people

The 2nd stimulus was to help busineses

The 3rd stimulus was to buy votes

The 4th stimulus is to institute socialism.

 

I was gonna argue with you but I can't remember which stimulus was which, it is all just so much that benefits the rich over the poor. 

Link to comment
Share on other sites

 

 

 

BIDENFLATION: Fed Chair Makes an Ominous Admission About Inflation. 

 

““As the reopening continues, bottlenecks, hiring difficulties, and other constraints could continue to limit how quickly supply can adjust, raising the possibility that inflation could turn out to be higher and more persistent than we expected.”

 

The only things we don’t seem to be running out of are make-believe dollars.

 

 

https://pjmedia.com/news-and-politics/tyler-o-neil/2021/07/28/ominous-fed-chair-admits-inflation-could-turn-out-to-be-higher-and-more-persistent-than-expected-n1465314

Link to comment
Share on other sites

 

 

CNN Business reports:

 

Schneider said he believes that inflation is transitory. But the owner of brands including Nescafe, Gerber and Cheerios said it would need to raise prices by roughly 2% to offset cost increases of 4%. Nestlé hiked prices by 1.3% in the first half of 2021.

 

The company can hedge against some cost increases, such as rising coffee prices, said Schneider. But it can’t avoid the rising cost of things like transportation, which puts pressure on the company’s margins.

 

https://www.cnn.com/2021/07/29/investing/nestle-food-prices-inflation/index.html

 

 

 

 

 

Link to comment
Share on other sites

  • 2 weeks later...

 

 

39d6749e-d828-4544-9166-ac31598921cf-450

 

Another Inflation Record Gets Broken as Biden's Senility Hits Home

 

Today, the record for the year-over-year increase in producer cost inflation was set at 7.8% and there’s no end in sight.

 

That breaks the previous record which was set in June of this year.

 

 

What was Joe Biden’s response to this?

 

Well, he took to the teleprompter to let it be known that his “build back better” policies were actually lowering costs.

 

It’s like he’s on another planet.

 

 

 

 

Did you get a tax cut? Because I don’t remember getting a tax cut? Perhaps he’s talking about trying to reinstate the SALT tax deduction, but that’s simply a giveaway to the very rich in blue states with high-income taxes. Regardless, he’s certainly not doing anything to lower costs. Rather, we are seeing the exact opposite of that.

 

People’s savings are melting away (which is why you’d be wise to move some money into mutual funds, real estate, or anything that produces a return) right now without them spending a dime of it. And what’s Biden doing? Lying to people and eating chocolate, chocolate chip ice cream for the cameras. The optics and the reality of it all are just insane.

 

Democrats have no answer to this because it’s their spending policies that are causing it, and they are too entrenched to reverse course. Instead, we’ll get silly qualifiers and more false assertions that this is all transitionary. Meanwhile, Republican senators are simultaneously passing a $1.2 trillion infrastructure package, handing Democrats a major win, that will only make the inflationary woes worse.

 

Isn’t Washington just great?

 

 

 

 

https://redstate.com/bonchie/2021/08/12/another-inflation-record-gets-broken-as-bidens-senility-hits-home-n425216

Edited by B-Man
Link to comment
Share on other sites

On 8/12/2021 at 1:24 PM, B-Man said:

 

 

39d6749e-d828-4544-9166-ac31598921cf-450

 

Another Inflation Record Gets Broken as Biden's Senility Hits Home

 

Today, the record for the year-over-year increase in producer cost inflation was set at 7.8% and there’s no end in sight.

 

That breaks the previous record which was set in June of this year.

 

 

What was Joe Biden’s response to this?

 

Well, he took to the teleprompter to let it be known that his “build back better” policies were actually lowering costs.

 

It’s like he’s on another planet.

 

 

 

 

Did you get a tax cut? Because I don’t remember getting a tax cut? Perhaps he’s talking about trying to reinstate the SALT tax deduction, but that’s simply a giveaway to the very rich in blue states with high-income taxes. Regardless, he’s certainly not doing anything to lower costs. Rather, we are seeing the exact opposite of that.

 

People’s savings are melting away (which is why you’d be wise to move some money into mutual funds, real estate, or anything that produces a return) right now without them spending a dime of it. And what’s Biden doing? Lying to people and eating chocolate, chocolate chip ice cream for the cameras. The optics and the reality of it all are just insane.

 

Democrats have no answer to this because it’s their spending policies that are causing it, and they are too entrenched to reverse course. Instead, we’ll get silly qualifiers and more false assertions that this is all transitionary. Meanwhile, Republican senators are simultaneously passing a $1.2 trillion infrastructure package, handing Democrats a major win, that will only make the inflationary woes worse.

 

Isn’t Washington just great?

 

 

 

 

https://redstate.com/bonchie/2021/08/12/another-inflation-record-gets-broken-as-bidens-senility-hits-home-n425216


The concerted effort the democrats undertake to hide SALT tax opposition is laughable. 
 

it is absolutely tax relief for the rich. If you live in an expensive house in a wealthy high tax school district you paid significantly more in federal taxes after they capped SALT deduction.  
 

A middle class family isn’t paying over 10 grand in state and property tax except for a few really poorly run locales where you pay 13grand a year for a half car garage sized 150k house and absolutely abysmal schools, like newark. 

Link to comment
Share on other sites

×
×
  • Create New...