Gas prices down, jobs up

BartenderElite said:
But Biden is a disaster, right?
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Yup.
BartenderElite said:
Economists think inflation is going to start ticking down as well.
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Not likely. The Fed is still printing money as fast as it can with no corresponding increase in wealth.
BartenderElite said:
The fodder that conservatives were planning on for the mid-terms is rapidly disappearing.
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Dream on, dude.
BartenderElite said:
The idea that Biden has failed
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He has.
BartenderElite said:
is going to be a tough case to make while things are getting better for most Americans.
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They aren't.
BartenderElite said:
And on the flip side, the "alternative" that Republicans are offering is being highlighted by the 1/6 hearings, the Alex Jones trial, Roe being overturned and election deniers winning primaries. Most voters just aren't interested in that rabbit hole.
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No, Democrats don't get to dictate the Republican platform.
 
The government has no credibility on jobs numbers, and you watch how fast gas prices go up after the election.
 
US refineries have not been getting their needed downtime and maintenance....but that is FINE AND DANDY with the Revolution, the coming big price increases on low production as refineries are finally forced to go offline (We hope without catastrophic fires first) is exactly what they want.

Wake the fuck up people, you should be embarrassed to be such chumps.
 
cawacko said:
Gas prices have dropped, which is great, but they are still very high. And a big part of the reason they have dropped is because demand slowed due to the high prices and fear of recession. As I understand it producers have been running at close to full capacity so there's not a lot of extra supply sitting there. Someone better versed in the industry than I can speak to this but my understanding is some of the refineries have to be taken off line periodically to be worked on, which could happen this fall, which hurts supply. Point being it's no guarantee that prices won't go back up.

More jobs are great (they are also a lagging economic indicator but that is a separate discussion) but if inflation is making people (feel) poorer then they aren't exactly in a celebratory mood.

To get the very low approval ratings Biden has takes far more than just Republicans disliking his job performance.
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Wait, you mean when things cost more, people buy less? Who'da thunk?

Inflation is making people feel 'poorer' because someone told them they should feel that way. It's so completely overblown it's gotten laughable. Family of four. Average cost of living in 2021 was 7,095 a month. Median income was less (meaning most families couldn't even afford the average). THAT is the problem in a nutshell. If inflation was zero, it would STILL be the problem. We have a wage/wealth gap that has continued to grow since 1980. One party wants to fix it, the other doesn't. Can't get much simpler than that.
 
Hawkeye10 said:
The government has no credibility on jobs numbers, and you watch how fast gas prices go up after the election.
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Oh, so they lie about the job numbers but tell the truth about inflation?

ROTFLFMAO!!!! My fucking God you are an imbecile.
 
BartenderElite said:
Things are trending better.
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No.
BartenderElite said:
Considering Biden hasn't even had 2 full years, one could at minimum draw a conclusion that he's not actively screwing up the economy.
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He is. So are other Democrats. That's the result of the fascism and communism the Democrats push.
BartenderElite said:
Gas prices have been a mantra for the Republicans - it's really one of the cornerstones of their campaign. Any movement in a positive direction weakens that.
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Gas prices are still high, dude. Shortages are still occurring, dude. All thanks to Biden.
 
cawacko said:
Trending better? It depends on the specific data point you're looking at I guess. Not all is bad in the world by any means but having two consecutive quarters of negative GDP growth and projections of either being a recession now or to be in one soon generally doesn't scream out things are going well.

As far as current gas prices they are still very high. Not as high as two months ago but they are still really high.
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The economic depression continues. Three years and running, so far.
 
The official jobs numbers routinely get massively changed. One hopes that they eventually match with reality, but who knows.
 
The Chinese keep two sets of books, one for presenting to the rest of the world, one the real numbers....what makes you so sure that the Americans dont do the same?
 
Cypress said:
"Put that recession talk away, and change the subject.
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Okay. Let's talk about the economic depression so far running for three years.
Cypress said:
A vibecession ain’t no recession: July payrolls came in at a huge +528k, and unemployment is down to 3.46%, the lowest in half a century." --> Economist Justin Wolfers, University of Michigan
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No such word as 'vibecession'. Buzzword fallacy.
Cypress said:
"Amazing job growth, strong & sustainable wage growth, and slowing inflation: WE ARE NOT IN A RECESSION.” --> Economist David Rothschild
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Ignoring what is happening is not going to work.
Cypress said:
More jobs created during the Biden presidency than the last three Republican administrations added up together.
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Biden created no job (other than in government).
 
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