It's 100% Biden's Inflation

[LV426]

the rest of your screeching on this thread is beyond stupid and not worth my time

You're a fucking liar who lied about getting an unsolicited mail in ballot because you're working for Russia.

You've been working for Russia as long as I've been on JPP.

Every single thing you post turns out to be a Russian Active Measure:

Walkaway
Blexit
NoCollusion
COVID is no worse than the flu
unsolicited mail in ballots
1/6

And speaking of 1/6, how come your stupid ass wasn't there that day? You had spent two months claiming the 2020 election was stolen, but on 1/6/21, you were here, not in DC.

Is that because you're based in Russia and NOT Florida, as you had previously claimed????

Why didn't you go to DC on 1/6 if you're so convinced the eleciton was stolen? Obviously because you know it wasn't but your job was to get people to go there in the hopes the coup would succeed.

That's why you posted that tribute to the terrorists at 5:55PM on 1/6.

I'm never gonna forget that and neither will anyone else on JPP.

 

[Rune]

No, you have no fucking idea what you're talking about.

QE has nothing to do with inflation, and if it did, those inflationary pressures would have started IMMEDIATELY.

This is just like the lazy argument you made about how the CRA, which was passed in 1977, somehow, someway was responsible for Bush and his stupid regulators lowering lending standards 27 years later.

There was no inflation time-release capsule...inflation doesn't take years and years to occur.

There is NO LINE TO DRAW between QE and the current inflation, which is just price gouging because wages haven't inflated at the same rate as prices, and inflation AFFECTS EVERY DOLLAR EQUALLY.

There is, however, a line to draw between downplaying a pandemic and causing people to stay at home and be cautious for two years, and then all those people emerging and putting more demand into the market.

And you fucking morons should be LOVING QE because it is trickle-down, supply-side economics in its most base form...and now, suddenly you're mad about it and are blaming it for inflation? Sooooo, where was this inflation during the last decade? You would have us believe that inflation is self-realized and chose this particular moment in time to...increase?

Are you also brain damaged?




COMPLETELY.

FUCKING.

WRONG.

The responsibility for this is corporate price gouging and Conservative mismanagement of the country.

Yer fucking high Dude.
In the end the piper must be paid.

You really believe the lies told in DC? They don't include food when measuring inflation and food has steadily risen since 2008.
How can you add 5 trillion without devaluing the remaining currency? Tell me how that works.

 

[anatta]

NOPE.

It came from taxpayers, as it always does.

Taxpayers end up paying tariffs.

The tariffs go into general revenue whatever we pay out in farmer subsidies is paid for by the tariff receipts
that come in.

 

[LV426]

Yer fucking high Dude.
In the end the piper must be paid.

What piper and what are they supposed to be paid? I have no idea what you're talking about. Stop using euphemisms and slogans, and use your words instead. Please.

You really believe the lies told in DC? They don't include food when measuring inflation and food has steadily risen since 2008.

Food has steadily risen, but have wages risen at the same rate? THEY HAVEN'T YOU SAY!?!?!? But how could that be if QE affects inflation? Wouldn't that mean, then, that wages would have also steadily risen along with food?

Do you think inflation only applies to certain things that benefit you in an argument? Because inflation affects every dollar equally.

How can you add 5 trillion without devaluing the remaining currency? Tell me how that works.

Because up until the Trump pandemic, we were at full employment.

So consumer spending over the last decade kept pace with QE, which is why we didn't have a single recession until the Trump tax cut produced in February 2020.

If GDP growth were negative, then you might have a point because the recession would have been spurred by a devaluation of the dollar...but the opposite occurred instead, and we had the longest period of sustained economic growth FOLLOWING THE END OF QE in 2014.

We haven't had QE for 8 years.

QE ended 6 years before COVID, 2 years before Trump was even elected.

QE isn't the boogeyman and it's not responsible for poor economic growth or inflation: CORPORATE GREED IS AND ALWAYS WILL BE THE REASON.

 

[LV426]

The tariffs go into general revenue

LMAO!

You ran a deficit that year of $1T, so taxpayers paid for your attempt to buy the votes of farmer trash whose businesses your dumb tariffs killed.

And it didn't even really work.

 

[LV426]

The tariffs go into general revenue whatever we pay out in farmer subsidies is paid for by the tariff receipts
that come in.

Ah, please tell me precisely how much money we got out of those tariffs...I know it wasn't $30B, that's for fuckin' sure.

Be sure to cite your work because I don't trust anything you say.

 

[Nordberg]

The tariffs go into general revenue whatever we pay out in farmer subsidies is paid for by the tariff receipts
that come in.

Trump claimed tariffs were in a huge pot. he did not know how they work either. it was the importers who pad the tariffs. Then they chose whether or not to pass them on to consumers. When they did, the American people paid the tariffs. I bet even rightys like Anatta can figure out what country is missing from the equation.
It would take a lot of searching to find an economist that thought Trump's blundering mismanagement was a good idea. I found one once.

 

[danielpalos]

Biden shamefully lies to America when he tries to put the blame for his inflation crisis elsewhere. He had to gall to claim: “I’m sick of this stuff! The American people think the reason for inflation is the government spending more money. Simply. Not. True."

To prove just how dishonest Biden is, take a look at the trajectory inflation as measured by CPI, the Consumer Price Index.

eviewing the last five years of inflation makes it crystal clear that under President Trump, overall pricing pressures remained stable, low, and predictable -- even during the breakout Trump Boom economy into 2019, that American workers enjoyed pre-Covid.

As America emerged from the Spring 2020 lockdowns, pricing did not surge when Trump was still in office. Even as America aggressively re-opened, during the last 5 months of Trump’s term, inflation remained super low, beneath 1.4% in each of those months. But into the Spring of 2021, with Biden managing our economy, the pace of inflation rocketed higher, hitting an appalling 7.9% for the most recent data release.
https://stevecortes.substack.com/p/its-100-bidens-inflation?s=r

Why should anyone take right-wingers seriously about economics (or Capitalism)? Socialism on a national or international basis is all they seem to know.

 

[LV426]

Why should anyone take right-wingers seriously about economics (or Capitalism)? Socialism on a national or international basis is all they seem to know.

Well, Anatta is a liar and propagandist who was caught using Russian Active Measures on JPP.

 

[LV426]

The tariffs go into general revenue whatever we pay out in farmer subsidies is paid for by the tariff receipts
that come in.

Hey you stupid idiot, you also realize those tariffs weren't paid by China, they were paid by US importers.

The nation of China paid $0 in tariffs.

You don't even know how tariffs work, but that doesn't seem to stop you from lying about them because you're a fucking liar.

 

[Lionfish]

NEW POLL: Biden Approval on Economy Gets Absolutely Clobbered, Down to Record-Low 33 Percent

"President Joe Biden’s approval rating on the economy has reached a record-low, in a brand new poll out Sunday morning.

According to the latest survey from NBC News, only 33 percent of Americans approve of the president’s handling of the economy, compared with 60 percent who disapprove. That number represents a seismic shift from a year ago, when 52 percent approved of Biden on the economy, and just 43 percent disapproved.

The numbers almost precisely mirror the answer the answer to this question: Do you think your family’s income is a) falling behind b) staying about even c) going up faster. Sixty-two percent believe their income is falling behind, while 31 percent believe it is staying about even."

 

[LV426]

NEW POLL: Biden Approval on Economy Gets Absolutely Clobbered, Down to Record-Low 33 Percent

"President Joe Biden’s approval rating on the economy has reached a record-low, in a brand new poll out Sunday morning.

According to the latest survey from NBC News, only 33 percent of Americans approve of the president’s handling of the economy, compared with 60 percent who disapprove. That number represents a seismic shift from a year ago, when 52 percent approved of Biden on the economy, and just 43 percent disapproved.

The numbers almost precisely mirror the answer the answer to this question: Do you think your family’s income is a) falling behind b) staying about even c) going up faster. Sixty-two percent believe their income is falling behind, while 31 percent believe it is staying about even."

Your handling of the economy was even worse.

It was so bad that it led to Biden being elected.

 

[McRocket]

Correct, it has little to do with inflation.




No, it has nothing to do with it because inflation barely changed until people emerged from the pandemic and put pressure on supply chains.

Now, it's not inflation AT ALL, it's just price gouging.

You know how I know it's just price gouging? Other than the fact that I'm smarter than you? Because wages didn't inflate at the same rate as prices, and inflation affects every dollar equally.

The TRUE inflation rate isn't 7%...it's whatever wages inflated by Y-o-Y, which was less than 4%.

Hello you bat shit, crazy bitch!!!

Even the Fed has admitted that this inflation is REAL - and NOT because of supply chains.

https://nypost.com/2022/03/23/it-took-long-enough-for-the-fed-to-admit-inflation-is-real/

Child hating troll.

Go and masturbate to a picture of Biden...freak.

 

[LV426]

Even the Fed has admitted that this inflation is REAL

Of course the CONCEPT of inflation is real, and of course there is ALWAYS going to be inflation.

What we are talking about is the inflation RATE, and what has to do with that.

So your little misdirection fell as flat as that GI Jane joke last night.

But you're a fuckin' poseur, so I can't really expect a whole lot out of someone who keeps his child hating a secret in order to attack other people over their honest position.

 

[LV426]

Child hating troll.

Child hating LIAR.

 

[LV426]

Go and masturbate to a picture of Biden...freak.

LMAO! Jokes on you because I only voted Biden to prevent Trump.

Bernie was my guy in the primaries.

Go and masturbate to a picture of yourself, since you seem to really love shoving your head up your own ass.

 

[McRocket]

Of course the CONCEPT of inflation is real, and of course there is ALWAYS going to be inflation.

What we are talking about is the inflation RATE, and what has to do with that.

So your little misdirection fell as flat as that GI Jane joke last night.

Read the article...it means that the inflation rate is NOT transitory based on some Liberal-screaming 'supply chain' nonsense.

We are done here.

You are so fucking useless that I KNOW that if the Head of the Fed specifically came out and stated that supply chain issues had NOTHING to do with the inflation rate?
That you would ignore it/dismiss it.
That is how pathetically closed minded you are...you fucking sick, child-hating lowlife of a human being.

I mean...I still cannot fathom how a person could HATE billions of children she has never met.
Not 'dislike'...you said you 'HATE' ALL OF THEM?

You are the sickest bitch I have EVER encountered on a chat forum.

Bye now.

 

[LV426]

Child hating troll.

You hate kids more than I do because you oppose all those programs that help kids because you also oppose the Democratic Party, who is the only party with those proposals.

So why do you think you can get away with saying I hate kids, but not being honest about how you hate them more?

After all, you want them to starve, you want them to be homeless, and you want them to get shot up in school when you're not trying to get them to drop out.

 

[LV426]

Read the article...it means that the inflation rate is NOT transitory based on some Liberal-screaming 'supply chain' nonsense.

I did read the article, did you?

The consumer price index is not the measurement of inflation, but I can see how you got confused and thought it was because you're not a bright person.

So nowhere in the article you clearly lied about reading, does it attribute ANY PERCENTAGE increase in inflation to any of Biden's actions or policies.

And then there's this part, specifically:

"Over the past month, gasoline prices have jumped by more than 20%"

YET, this was spoken earlier in the shitty link you didn't read, misstating Consumer Price INDEX with the non-sensical Consumer Price "Inflation", which isn't an economic term, it's one meant to trick softheads like you because, well, you're just not bright.

"Never mind that consumer price inflation has been running at almost 8%"

Hmmm....so the price of gasoline increased 20%, but the CPI only increased by 8%.

So....something is off there.

I'll let you come to the conclusion as to why the price of gasoline increased 150% more than the CPI.

You are so fucking useless that I KNOW that if the Head of the Fed specifically came out and stated that supply chain issues had NOTHING to do with the inflation rate?

Right, because NOW, the supply lines have been cleared...so what we are dealing with NOW is price gouging.

Back in 2021, those supply chain pressures WERE driving inflation, but Biden got the supply lines cleaned up, so now we're dealing with price gouging.

 

[LV426]

That is how pathetically closed minded you are...you fucking sick, child-hating lowlife of a human being.

You didn't read the fucking article you linked to carefully enough because it articulated exactly what I've been saying the past few weeks:

This isn't inflation, it's price gouging, which is why the CPI increased by 8%, yet gas prices increased by 20%.

So in your ham-fisted attempt to try and own me on JPP on inflation, you ended up proving my core argument of price gouging FOR ME.

Thanks, moron.

What a fucking dipshit.