I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 81 of 84
Quote:
Originally posted by 6ixStringJack:Quote:
Originally posted by THG:Quote:
Originally posted by 6ixStringJack:
Wow. Before Biden* was in office, 3% was bad.
Not impressed at all when it's been so high for so long that the bar is below the floor, Theodore.
Neither is anybody who can't afford anything in Joe Biden*/Democrat's America.
That cohort includes the half of your party's base that isn't a college "educated" white person.
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Trump will be fine.
He will also be your next President.
Consumer price index rose 0.2 % in July pushing inflation down to 2.9 %, not 3 %. If you had gone to school, you would understand things started to go awry when Trump completely mismanaged COVID causing hundreds of thousands of needless deaths. Biden has fixed Trumps mess before his first term ended. Fucking outstanding...
Get ready cause Biden isn't done. Watch the news and you'll see why.
T
2.9% is not good either, Ted. And that's a high 2.9% on top of years of ultra-high inflation now.
Your guy destroyed the economy. Those prices will NEVER go back down. We got 12 years of inflation in only 4 years and that will NEVER reverse.
Don't pretend you know anything about this. You're a fucking idiot.
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Trump will be fine.
He will also be your next President.
Bullshit, and if you're right Trump would be winning hands down. So why is he losing?
tick tock
T
Central banks and governments closely monitor the annual inflation rate to ensure it is at a balanced and modest level, around 2% to 3%.
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Quote:Too bad that car prices go up, but that happens because car companies set their prices to take from buyers the maximum amount that buyers have. Lower prices would be stupid for a capitalistic car company wanting to be as profitable as the buyers' bank account balances allow in the market for new cars.
Originally posted by 6ixStringJack:
2.9% is not good either, Ted. And that's a high 2.9% on top of years of ultra-high inflation now.
Your guy destroyed the economy. Those prices will NEVER go back down. We got 12 years of inflation in only 4 years and that will NEVER reverse.
Don't pretend you know anything about this. You're a fucking idiot.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
Trump's VP, J.D. Vance, says no one can afford a car anymore. As usual, this kind of doom mongering is wrong. It's true that car prices spiked during the pandemic, but here's the long-term picture:
Car affordability goes up and down based on various factors: recessions (2007), factory problems (Fukushima), supply chain problems (COVID), changes in taste (SUVs vs. sedans), and so forth. But the trendline has been dead flat for 30+ years and new car prices are already starting to correct for their pandemic spike.
This is all the more remarkable because you get so much more for the same price these days. Essentially every car made now has: airbags, anti-lock brakes, fuel injection, GPS, infotainment systems, air conditioning, adaptive cruise control, lane keeping, better gas mileage, better reliability, and more.
Things are fine. Politicians and newspapers have incentives to make everything seem bad, but the facts say otherwise. No human beings anywhere in the world at any point in history have been better off than the average US citizen of 2024. (Nobody cares about below average US citizens such as 6ixStringJack or Donald J Trump, except other losers like those two.)
Author Kevin Drum Published on August 14, 2024 – 2:16 pm
https://jabberwocking.com/dont-listen-to-j-d-vance-things-are-fine/
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:Too bad that car prices go up, but that happens because car companies set their prices to take from buyers the maximum amount that buyers have. Lower prices would be stupid for a capitalistic car company wanting to be as profitable as the buyers' bank account balances allow in the market for new cars.
Originally posted by 6ixStringJack:
2.9% is not good either, Ted. And that's a high 2.9% on top of years of ultra-high inflation now.
Your guy destroyed the economy. Those prices will NEVER go back down. We got 12 years of inflation in only 4 years and that will NEVER reverse.
Don't pretend you know anything about this. You're a fucking idiot.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
Trump's VP, J.D. Vance, says no one can afford a car anymore. As usual, this kind of doom mongering is wrong. It's true that car prices spiked during the pandemic, but here's the long-term picture:
Car affordability goes up and down based on various factors: recessions (2007), factory problems (Fukushima), supply chain problems (COVID), changes in taste (SUVs vs. sedans), and so forth. But the trendline has been dead flat for 30+ years and new car prices are already starting to correct for their pandemic spike.
This is all the more remarkable because you get so much more for the same price these days. Essentially every car made now has: airbags, anti-lock brakes, fuel injection, GPS, infotainment systems, air conditioning, adaptive cruise control, lane keeping, better gas mileage, better reliability, and more.
Things are fine. Politicians and newspapers have incentives to make everything seem bad, but the facts say otherwise. No human beings anywhere in the world at any point in history have been better off than the average US citizen of 2024. (Nobody cares about below average US citizens such as 6ixStringJack or Donald J Trump, except other losers like those two.)
Author Kevin Drum Published on August 14, 2024 – 2:16 pm
https://jabberwocking.com/dont-listen-to-j-d-vance-things-are-fine/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
People in 2018 were way better off than in 2024.
This is why Democrats lose. The Media can spend 4 straight years telling everyone it's all in their imagination, but it's not in anybody's imagination and people are sick of this shit.
The biggest whiners are the college "educated" white people making over $100k per year that keep cranking out article after article that they can't make a living on 6 figures any more. Woe is them.
Me personally? I'm fine.
How was work today, honey?
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Trump will be fine.
He will also be your next President.
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Quote:6ix, how can you truthfully say you are doing fine when you are doing nothing with your life, like Trump? You don't pay taxes, like Trump? When you smoke all the time? When you were drunk all the time? When your health is falling apart because you live like an idiot, like fatso Trump? When you must get by on a few thousand dollars per year? 6ix, you are a worthless shithead, just like Trump, which is why you think Trump will rescue you from your screwed up life. If you don't think Trump is screwed up, check with his lawyers. They make a million dollars per week keeping him out of prison.
Originally posted by 6ixStringJack:
People in 2018 were way better off than in 2024.
This is why Democrats lose. The Media can spend 4 straight years telling everyone it's all in their imagination, but it's not in anybody's imagination and people are sick of this shit.
The biggest whiners are the college "educated" white people making over $100k per year that keep cranking out article after article that they can't make a living on 6 figures any more. Woe is them.
Me personally? I'm fine.
How was work today, honey?
--------------------------------------------------
Trump will be fine.
He will also be your next President.
It is very predictable that all the Trumptards I know are worried about inflation. They should be worried because they have small incomes compared to their expenses and weak control of both their income and expenses since they lack self-control and discipline. 6ixStringJack carries these lacks to the extreme by having no control of anything and no responsibility for anyone.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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--------------------------------------------------
Trump will be fine.
He will also be your next President.
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Housing costs continue to drive inflation even as food price hikes slow
https://www.usatoday.com/story/money/2024/08/14/housing-costs-main-inf
lation-driver/74803859007/
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Trump will be fine.
He will also be your next President.
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Kamalaflation Pushes Americans To The Brink As Costs Soar Near 20%
https://tippinsights.com/kamalaflation-pushes-americans-to-the-brink-a
s-costs-soar-near-20/#google_vignette
Quote:
We are retiring 'Bidenomics' for ‘Kamalanomics’ since Vice President Kamala Harris is the incumbent running for election. She is just as responsible for the current economic conditions as Biden and cannot distance herself from them. Through her tie-breaking votes in the Senate, Harris passed key inflationary legislation, including the Inflation Reduction Act and the American Rescue Plan Act, which added trillions to the national debt.
The dark reality of Kamalanomics is the alarming 19.6% inflation under the President’s watch, which is 5.6% annually. When Biden-Harris took office, inflation was at just 1.4%. Since March 2021, inflation has consistently remained above the Federal Reserve's 2% target for 41 consecutive months.
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Trump will be fine.
He will also be your next President.
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CNN: More and more Americans are worried they will lose their job
https://us.cnn.com/2024/08/19/economy/labor-market-unemployment-ny-fed
-survey/index.html
The unemployment rate is now 4.3% and rising.
I'm surprised that CNN admitted to that. Democrats and the media in general haven't been talking about the unemployment rate for months. Now you know why.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
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CNBC: Nonfarm payroll growth revised down by 818,000, Labor Department says
https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by
-818000-labor-department-says.html
Quote:
As part of its preliminary annual benchmark revisions to the nonfarm payroll numbers, the Bureau of Labor Statistics said the actual job growth was nearly 30% less than the initially reported
The revision to the total payrolls level of -0.5% is the largest since 2009.
--------------------------------------------------
Trump will be fine.
He will also be your next President.
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Trump Is Promising Cheap Gas. Too Bad Getting It Would Likely Crash The Economy.
Oil industry experts agree there is no way he can deliver $1.70-a-gallon gas without destroying the domestic oil industry and triggering a deep recession.
By S.V. Date | Aug 22, 2024
https://www.huffpost.com/entry/donald-trump-half-price-gas-promise-rec
ession_n_66c68217e4b01c59f9de051f
Donald Trump has taken to promising that he will lower gasoline and energy prices by more than half in his first year back in office.
“Energy costs, all of it, air conditioning, heating, all of it, including gasoline, will drop by more than 50% within the first 12 months,” Trump promised again on Monday in Pennsylvania in what his campaign billed as an economic policy speech. “Your bill will be less than half.”
The problem, industry experts explained, is that energy is bought and sold in a global market, and the only way that gasoline could go from $3.40 a gallon now down to $1.70 a gallon is for crude oil prices to fall from $75 a barrel to between $20 and $30 a barrel. And at those lower prices, U.S. oil producers would not be able to break even.
“That would bankrupt the U.S. industry. And the entire U.S. industry would shut down before that happened,” said one oil executive with decades of experience who spoke on condition of anonymity to avoid antagonizing Trump and his campaign. “It’s classic Trump. He speaks hyperbolically without making any common sense.”
The former president has not provided any details about how he would lower gas prices so dramatically, other than his “Drill, baby, drill” mantra, which he offers as virtually the sole mechanism for his entire economic policy.
His campaign did not respond to HuffPost queries about whether Trump consulted with any actual oil industry leaders before issuing his cheap-energy promise.
Energy industry insiders said they doubt that he did because people with expertise would have told him that what he is suggesting is absurd.
“This kind of thing came out of the political shop,” the oil executive said.
Matt Randolph, another oil industry executive with more than three decades of experience in the business, frequently posts videos on social media lampooning politicians ? both Democrat and Republican ? for their claims about energy.
In a video he posted last week following a previous instance of Trump’s half-price promise, Randolph laughed at Trump’s pledge, laying out a scenario of oil industry layoffs triggering a recession. “This may be one of the dumbest statements that Donald Trump has ever made,” he said in closing.
In an interview with HuffPost, Randolph said that the only way to achieve a price of $1.70 a gallon for regular would be for crude oil prices to come down to $20 a barrel. And that, in turn, would collapse the domestic industry.
“Twenty dollar-a-barrel oil would just decimate new production,” he said, adding that the shutdown of oil production would also crater the production of natural gas, which is often extracted along with oil. “Natural gas prices would actually skyrocket.”
And, with so many power plants now burning methane, that would translate into much more expensive electricity, undermining a second element of Trump’s promise.
With no market mechanism to slash prices that sharply, Trump would be left with government action. “The only other way is massive subsidies to the American consumer,” Randolph said. “And that isn’t going to fly.”
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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