U.S. policymakers misjudged inflation threat until it was too late

volsrock said:
Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up
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Maybe if you had an education you wouldn't have to dwell in the Wildwoods Mobile Home Park living off your disability check
 
The world knew we would enter a recession the minute Brandon was inaugurated. This ain't rocket surgery.
 
volsrock said:
Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up
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1) They are so incompetent that there is no way they should be experts at all let alone the top experts.....if thus is true then we are so fucked.

2) They Lied.....if this is true then we are so fucked.
 
To remind you I was the first one at JPP to be concerned about the coming of inflation.

I get major points for that.
 
volsrock said:
Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.
Click to expand...

Of course, the only thing that doesn't go up is the cost of labor.

#ScrewTheRich
#WorkingClassSolidarity
 
"They will tell the boldest of lies now, they dont give a fuck about the truth (they dispute that it even exists!), or you".
Hawkeye the Wise
 
American Man said:
Of course, the only thing that doesn't go up is the cost of labor.

#ScrewTheRich
#WorkingClassSolidarity
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Thats bullshit. Labor costs are going up everywhere. We just handed out yearly raises in April and adjusted them upward what we normally do to help at least reduce some of the bite inflation is having on the hourly worker.
 
Hawkeye10 said:
"They will tell the boldest of lies now, they dont give a fuck about the truth (they dispute that it even exists!), or you".
Hawkeye the Wise
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In the words of the immortal Kansas......." If I claim to be a wise man.....it surely means that I dont know"......
 
Hawkeye10 said:
LIAR
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Lol. Minimum wage hasn't even gone up since like 2009. Salaries are the only thing that stagnate. Funny how that works.

Business owner: "Cost of materials goes up. That's business. Cost of shipping goes up. That's business. Cost of rent goes up. That's business."

Worker: "What about cost of labor?"

Business Owner: "Now, look here, you little shit . . . ."
 
Stone said:
Thats bullshit. Labor costs are going up everywhere. We just handed out yearly raises in April and adjusted them upward what we normally do to help at least reduce some of the bite inflation is having on the hourly worker.
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So you're telling me that the average American worker earns the same today as he/she did in 1970? Or 1980? Or even 1990?
 
Stone said:
In the words of the immortal Kansas......." If I claim to be a wise man.....it surely means that I dont know"......
Click to expand...

The West is collapsing because too often and for too long the wrong things have been done, the wrong things have mattered.

You have no argument.
 
American Man said:
So you're telling me that the average American worker earns the same today as he/she did in 1970? Or 1980? Or even 1990?
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I am telling you that labor costs are rising dramatically. Reason being....there seems to be a labor shortage. If you want to keep what you have, and induce good people to join the team,...you better be willing to lay out the cash.
 
Hawkeye......I have a question for you. Does running around a message board saying " I want my credit for saying this and I want credit for saying that,... for I am Hawkeye the wise " REALLY seem like something a truly wise man would do ?
 
Stone said:
Hawkeye......I have a question for you. Does running around a message board saying " I want my credit for saying this and I want credit for saying that,... for I am Hawkeye the wise " REALLY seem like something a truly wise man would do ?
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If you were a better person I would have gotten a courtesy quote notice.

You must measure up to earn my attention.
 
volsrock said:
Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up
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Also thank Powell for intentionally NOT raising interest rates so as not to impact wall street. Mr Potatohead made it much much worse but its not 100% him.
 
Hawkeye10 said:
If you were a better person I would have gotten a courtesy quote notice.

You must measure up to earn my attention.
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Forget it. Ive tried to help you just like I always have since I first joined. You dont want it. You are the end all be all of all Human knowledge. :rolleyes: You have fun with that. Best of luck.....
 
Stone said:
Forget it. Ive tried to help you just like I always have since I first joined. You dont want it. You are the end all be all of all Human knowledge. :rolleyes: You have fun with that. Best of luck.....
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You have behaved dishonorably, even as you wrap yourself in honor.

Fuck Off.
 
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