I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 78 of 84
Quote:I did not say "poor". I said, "Stupid". I know many Trumptards who have plenty of money coming in because I am paying them, but their financial woes overwhelm them because they are as stupid as hell. I also knew poor people, my parents who worked at Burger King for two examples, but they didn't have financial problems because they understood their situation very accurately. In time, they bought a house and ever so slowly got to be millionaires, all without the help of their 3 children.
Originally posted by 6ixStringJack:
Most poor people in the country vote Democrat. Facts.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:I did not say "poor". I said, "Stupid".
Originally posted by 6ixStringJack:
Most poor people in the country vote Democrat. Facts.
NPR: Analysis: How poverty can drive down intelligence
https://www.pbs.org/newshour/economy/making-sense/analysis-how-poverty
-can-drive-down-intelligence
Quote:
If you think you know the cost of being poor, unless you have actually been poor, you’re probably wrong.
The usual side effects of poverty are abundant and well documented. They include crime, chronic stress and a long list of health conditions. But you may not have heard of this one: lower IQ. That’s according to a recent post by Alice Walton in the University of Chicago Business School’s journal, The Chicago Booth Review: “How poverty changes your mindset.” Walton, reviewing research with which I was troublingly unfamiliar, reports the bottom line: that poverty lowers your IQ — in one study, by something like 13 points.
13 points might not sound like a lot, but when you Democrat voters are already starting somewhere in the double-digits it could mean the difference between 2 and 3 digit IQ for quite a few of you.
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Trump will be fine.
He will also be your next President.
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Quote:I know black "Democrats" who could be perfect Trumptards, but aren't because white Republicans hate them. These black "Democrats" hate Mexicans. These so-called "Democrats" blame the government/society/business/medical-establishment/racism/etc, not themselves, for their hardships which I know are completely their own fault such as their alcoholism, their unemployment, their divorces, their poor health, their rotten kids who have zero self-discipline. These so-called "Democrats" are so in love with freedom that they won't place any limitations on their bad behavior, won't save for a rainy day, won't stop gambling, won't (an infinity number of other things no one should ever do but they won't stop doing because, you know, freedom overrules good sense).
Originally posted by 6ixStringJack:
13 points might not sound like a lot, but when you Democrat voters are already starting somewhere in the double-digits it could mean the difference between 2 and 3 digit IQ for quite a few of you.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:I know black "Democrats" who could be perfect Trumptards, but aren't because white Republicans hate them. These black "Democrats" hate Mexicans. These so-called "Democrats" blame the government/society/business/medical-establishment/racism/etc, not themselves, for their hardships which I know are completely their own fault such as their alcoholism, their unemployment, their divorces, their poor health, their rotten kids who have zero self-discipline. These so-called "Democrats" are so in love with freedom that they won't place any limitations on their bad behavior, won't save for a rainy day, won't stop gambling, won't (an infinity number of other things no one should ever do but they won't stop doing because, you know, freedom overrules good sense).
Originally posted by 6ixStringJack:
13 points might not sound like a lot, but when you Democrat voters are already starting somewhere in the double-digits it could mean the difference between 2 and 3 digit IQ for quite a few of you.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
They're only "so called Democrats" because they don't fit your narrative that everyone who votes Democrat is perfect.
And you're a racist.
Get fucked, Second. Don't you ever get tired of spewing bullshit 24/7 every single day?
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Trump will be fine.
He will also be your next President.
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BBC: Priced out of home ownership - 'It makes me want to throw up'
https://www.bbc.com/news/articles/cmj66r4lvzzo
Thanks Joe Biden*, Democrats.
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Trump will be fine.
He will also be your next President.
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Bloomberg: Fed Seen Curbing Rate-Cutting Plans With Inflation Staying High
https://finance.yahoo.com/news/fed-seen-curbing-rate-cutting-140000685
.html
The Democrat run Legacy Media had been telling us to expect 3 rate cuts this year. Now 41% of economists that Bloomberg surveyed believe there will only be 2 rate cuts, and another 41% of them said there will be 1 or no rate cuts at all.
If there is a rate cut, it's simply playing politics and trying to get Biden* reelected. We're spending like drunken sailors right now despite low unemployment. Government overspending is the only thing keeping the numbers looking good on paper.
The FED should actually be raising the rates again immediately since high inflation will not go away under the current conditions.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
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The U.S. Economy Reaches Superstar Status
June 16, 2024 7:30 am
https://angrybearblog.com/2024/06/the-u-s-economy-reaches-superstar-st
atus
Prices have increased by 1,400 percent since 1947; that doesn’t mean Americans have less buying power today than at a time when a third of the country didn’t have running water and 40 percent lived in poverty.
That’s largely because incomes have increased by 2,400 percent over the same stretch. If prices go up but people’s incomes go up faster, then the cost of living decreases. And that is exactly what has happened in the U.S. over the past five years.
It took some time. When inflation was at its worst, in late 2021 and 2022, prices were rising too fast for workers’ pay to keep up. Over the course of 2023, however, the rate of inflation plummeted while wages kept rising. According to calculations by the economist Arindrajit Dube, prices rose about 20 percent from the beginning of the pandemic to the end of 2023. The median worker’s hourly wages increased by more than 26 percent. In other words, a dollar in 2024 might not go as far as a dollar in 2019, but today the average worker has so many more dollars they can afford a higher quality of life.
Some experts dispute this. Loretta Mester, the president of the Cleveland Federal Reserve, recently told The New York Times wage growth hadn’t kept pace with inflation. Mester was citing an indicator that tracks changes in compensation within particular industries. But one of the most common ways for workers to get a raise is to move between industries, from lower- to higher-paying occupations. This is the way someone working as a fry cook, say, might next take a job as a package-delivery driver. Basically, every other measure of worker pay shows wages adjusted for inflation are higher today than they were before the pandemic. Dube’s calculations are particularly reliable because they are based on a dataset tracking wages for individual workers over time.
Other nations probably would like the luxury of debating such technicalities. From the beginning of the pandemic through the fall of 2023 (the last period for which we have good comparative data), real wages in both Europe and Japan fell. In Germany, workers lost 7 percent of their purchasing power; and in Italy, 9 percent. By these metrics, the only workers in the entire developed world who are meaningfully better off than they were four years ago are American ones.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by SIGNYM:
I screwed up the decimal points.
Try this vid
What Would Happen If USA Stopped Paying Its Debt?
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This is how inflation works: Rich Real Estate Agents and even richer Landlords are protesting local government interference in their right to cheat renters
June 17, 2024 5:40 AM
https://slate.com/news-and-politics/2024/06/broker-fee-ban-tenants-ren
ters-real-estate-new-york-city-inflation-housing-apartments.html
Everyone in attendance was gathered to object to a New York City Council bill that would save tenants from having to pay fees to real estate brokers who were hired by landlords—i.e., brokers that tenants did not hire. In other words, it was a rally for keeping the fees on the backs of tenants.
New York City is one of only two cities in America that allow this practice, and during a time of skyrocketing housing costs, it has become an increasingly loathed, hard-to-explain payment—one that usually falls between 10 to 15 percent of the annual lease amount to the broker who shows the apartment. For example, if you rent a two-bedroom apartment in Brooklyn for $3,800 a month, you can expect to pay a $7,000 fee to someone who maybe only let you in to see the place and then handed you a lease to sign. The New York City Council bill, called Intro 360 and spearheaded by Bedford–Stuyvesant Councilman Chi Ossé, would force landlords, not tenants, to pay the brokers those landlords hire.
This has infuriated brokers—who, not incidentally, share a muscled-up lobbying group with landlords.
The Real Estate Board of New York and the New York State Association of Realtors issued a call to arms, and the industry folk came in crowds, young and handsome and coiffed, wearing their fair share of gingham. There were lots of high heels for a street protest, and suspiciously few forehead wrinkles. There were signs. “This bill will kill my livelihood!” read one, the lettering in all caps. “Agents are tenants too,” read another.
According to Glassdoor, the average annual salary of real estate broker/owners in the United States is $276,000. New York is among the top five states for broker pay. And per StreetEasy, the average upfront cost to move into a rental in New York City in 2023 (broker fee included) was $10,454, up nearly a third since 2019. To reiterate: That’s an upfront cost—the amount of money that must be handed over before a tenant can even move into an apartment.
Stories of outrageous broker fees in this city proliferate. One recent horror story involved a tenant who was asked to pay a $15,000 broker fee on an $1,100-a-month rent-stabilized apartment.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Home foreclosures are on the rise again nationwide
More Americans lost their homes in May as foreclosures move higher
https://www.foxbusiness.com/economy/home-foreclosures-rise-again-natio
nwide
US Consumer Sentiment Unexpectedly Falls to Seven-Month Low
https://www.msn.com/en-us/money/markets/us-consumer-sentiment-unexpect
edly-falls-to-seven-month-low/ar-BB1oetwv
And at the current number, Joe* and the Democrats have made zero progress in 2 years.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
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