Inflation accelerates 7.5% in January, hitting a fresh 40-year high

Stringfellow Hawk said:
as all economists are predicting now, we are reliving the Carter years
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Not even close.

Carter had stagflation, which is not the same thing as inflation.

The inflation we are seeing now is reliving the REAGAN YEARS, specifically 1982-1983...but the difference is that Reagan was losing jobs and spiking the unemployment rate to above 10%, while Biden is creating jobs and lowering the rate to below 4%.

Most economists predict we will hit full employment some time this year.
 
Stringfellow Hawk said:
our effects would be less had Biden not went after the energy sector. Fuel increases drive transportation costs which drives the cost of products, can't believe this has to be repeated over and over again
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So you're claiming that Biden made fuel/oil prices rise? How, exactly, did he do that?

*gets popcorn*
 
Stringfellow Hawk said:
our effects would be less had Biden not went after the energy sector.
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How did Biden do that when OPEC controls the price per barrel of oil through its dominance of oil reserve supply?

I know you won't be able to answer that question because you're a fucking lying idiot.


Fuel increases drive transportation costs which drives the cost of products
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Fuel increases? WHAT? You don't know what the fuck you're even saying.

Transportation costs are directly related to the price per barrel of oil, and that price is controlled by OPEC, not Biden or even US oil companies.

OPEC controls 80% of the world's global oil reserves, while the US has just 2.1%.

So even if the US quadrupled its oil production, we're still a fraction of the reserves that OPEC is capable of extracting.

So nothing Biden does will have anything more than a nominal impact on the price per barrel, you inbred clown monkey.
 
Stringfellow Hawk said:
his attack on the energy sector has made everything else more expensive, don't be dumb. Trans costs now are sometimes more than the product itself.
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And what are you accusing him of personally doing to the Energy Sector to cause that exactly?

Make something up if you have to- you know- like Faux News does?
 
Geeko Sportivo said:
And what are you accusing him of personally doing to the Energy Sector to cause that exactly?

Make something up if you have to- you know- like Faux News does?
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Maybe rephrasing your question will give you an answer.

What did Brandon do differently from our last president who had all fuel prices at least 30% lower resulting in literally everything we touch costing less.
 
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Of course - inflation, which was inevitable, is Biden's fault.

But this summer, when we're past COVID & the economy is humming, it will be "Biden didn't do anything - the economy was always going to recover...."
 
LV426 said:
Why did you buy a gas-guzzling car when gas prices are high?

Are you fucking stupid?
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They weren't high when I bought the car. They weren't high when I ordered the motor.
Doesn't matter anyway, I'll just work another night this summer to pay for it. FJB.
 
RB 60 said:
They weren't high when I bought the car.
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Sure they were...gas prices have been high since the Iraq War...and you don't think gas prices will rise and fall?

How is your lack of foresight anyone else's problem but your own?
 
Lionfish said:
Maybe rephrasing your question will give you an answer.

What did Brandon do differently from our last president who had all fuel prices at least 30% lower resulting in literally everything we touch costing less.
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And what exactly did Trump do to make gasoline prices drop 30% during his Reign? Hilarious unproven BULLSHIT as usual!

BTW, I do not know of any Brandons? WHO THE FUCK IS BRANDON? AND WHY DO YOU REFER TO THEM AS BRANDON? AND WHY DO YOU THINK THAT IS ENTERTAINING TO ANYONE?

I mean- To an idiot- Farting is entertaining!
 
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LV426 said:
Sure they were...gas prices have been high since the Iraq War...and you don't think gas prices will rise and fall?

How is your lack of foresight anyone else's problem but your own?
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How is it anyone else's problem? I'm paying for it, not you, or anyone else.
 
RB 60 said:
How is it anyone else's problem? I'm paying for it, not you, or anyone else.
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You're not paying FOR SHIT.

And the price per barrel of oil is entirely up to OPEC, not us.

OPEC controls 80% of the worlds oil reserves, whereas we control just 2.1%.

So if we increase production here, OPEC just cuts production over there to maintain the price...

OR, if we increase production here, OPEC increases their production by more, driving down the price per barrel for US oil companies who find themselves underwater...which is exactly what happened in Texas in 2015.

So in your feeble mind is 2.1% > 80%?
 
Geeko Sportivo said:
And what exactly did Trump do to make gasoline prices drop 30% during his Reign? Hilarious unproven BULLSHIT as usual!

BTW, I do not know of any Brandons? WHO THE FUCK IS BRANDON? AND WHY DO YOU REFER TO THEM AS BRANDON? AND WHY DO YOU THINK THAT IS ENTERTAINING TO ANYONE?

I mean- To an idiot- Farting is entertaining!
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You seem a bit upset. Supply chain issues with flies?

I just filled up and paid my heating bill.
You will have to do your own research on the genius of Trump's policies but suffice to say, when Trump was in his second year, the US was a net exporter of oil and natural gas. Play on the google machine to see where we are now.
 
LV426 said:
You're not paying FOR SHIT.

And the price per barrel of oil is entirely up to OPEC, not us.

OPEC controls 80% of the worlds oil reserves, whereas we control just 2.1%.

So if we increase production here, OPEC just cuts production over there to maintain the price...

OR, if we increase production here, OPEC increases their production by more, driving down the price per barrel for US oil companies who find themselves underwater...which is exactly what happened in Texas in 2015.

So in your feeble mind is 2.1% > 80%?
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Ok. I'm really not surprised you think everyone is like you and are a leach on society. That is untrue. We are not like you. Inflation affects us. FJB.

Now go away....just go the fuck away.
 
RB 60 said:
Ok. I'm really not surprised you think everyone is like you and are a leach on society.
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You don't know SHIT about me, but because you have a big, fat, fuckin mouth, I know plenty of shit about you.

I know that you live in Podunk, Bumfucksville, Nowheresburg, where the nearest person with a full set of teeth are hundreds of miles away.

I also know that it's blue state and blue city folk who pay all the taxes that make it possible for you to do this performative, rugged individualist cosplay you take so much pride in projecting to everyone.

But the truth is, without the taxes people like me pay, you'd be sitting in your hovel, in the dark, up to your knees in your own piss and shit, yelling "Conservatism" at all the rats and cockroaches.
 
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