Yup. By the time this is all over there wont be much left of the D party. In fact,....they may even be hunted,......by their own voters.
Members banned from this thread: AProudLefty and ParachuteAdams |
- High prices.
- Inflation.
- Shortages.
https://www.bls.gov/news.release/cpi.nr0.htm
https://www.wsj.com/articles/us-infl...d=hp_lead_pos1
https://www.cfodive.com/news/inflati...furman/616949/
Discuss.
Yup. By the time this is all over there wont be much left of the D party. In fact,....they may even be hunted,......by their own voters.
Earl (01-13-2022), ExpressLane (01-15-2022)
ExpressLane (01-15-2022)
- inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S. economy.
- Prices rose sharply in 2021 for cars, gas, food and furniture.
- Supply chains remained squeezed by shortages of workers and raw materials and this magnified price pressures.
- The Labor Department reported Wednesday that a measure of inflation that excludes volatile food and gas prices jumped 5.5% in December, also the highest in decades.
High inflation has put Biden on the defensive. His administration, echoing officials at the Fed, initially suggested that price increases would be temporary. Now that inflation has persisted, Biden and some congressional DEMOCRATS have begun to blame large corporations. They say meat producers and other industries are taking advantage of pandemic-induced shortages to drive up prices and profits.
But even some left-of-center economists disagree with that diagnosis.
Shoppers are feeling the pinch all around them, from the gas station to the grocery store.
https://apnews.com/article/consumer-prices-inflation-c1bfd93ed1719cf0135420f4fd0270f9
MSNBC Says Biden’s Voting Speech Was A Hell Speech
"Al Sharpton, MSNBC’s anchor recently said the emotional address by President Biden didn’t seem to be intended to win support or momentum for broad Democratic election legislation. He called it a speech about going to hell."
"Joe Scarborough, MSNBC’s “Morning Joe,” said Biden’s rhetoric may have “overshot the mark” as he attempts to persuade moderate Democrats such as Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.), to end the filibuster which allows legislation to be advanced with 60 votes."
Earl (01-13-2022)
Even as President Joe Biden was spewing deplorable falsehoods about his political opponents in Atlanta, the chickens of his administration's economy were coming home to roost.
Wednesday's Bureau of Labor Statistics report on inflation, revealing last month's 7% inflation rate, sets yet another 40-year record, harkening back to the bad old days of double-digit interest rates and Paul Volcker's bitter medicine for the economy of the early 1980s.
With this week's report, it is clear that the Biden economy is in an inflation crisis.
It is a crisis that neither Biden nor his useless Twitter-addicted senior staff has any clue how to fix.
But they have all kinds of ideas about how to make it even worse.
If you're wondering why Biden has become so bitter and vituperative about legislation in Congress that is going nowhere, look no further than these economic results.
The average worker in 2021 lost the equivalent of two paychecks due to Bidenflation.
Lower-income earners have been hit the hardest as food and energy prices have skyrocketed.
Biden has no clue how to stop these rising prices, which is why he can resort only to distractions.
That's why he can be found in front of the nearest camera, loudly spouting whatever nonsensical political rhetoric his staff writes and puts in front of him in a special large-type font.
But even as Biden tries his 79-year-old best to sound like his heart is in it, his rhetoric practically glows from its insincerity.
https://www.washingtonexaminer.com/opinion/editorials/bidenflation-sends-a-stumbling-bumbling-biden-desperately-searching-for-distractions
WHO AM I? WHY AM I HERE?
He’s just not up to the job of being president.
He makes promises that he doesn’t know how to keep, wildly overestimates his own persuasiveness, denies problems are problems until it’s too late, and offers excuses and points fingers when he fails.
We’re a week away from bumbling Biden’s first year in the Oval Office, and it’s already abundantly clear: The man is in over his hair-plugged head.
- Biden promised that he was going to “shut down the virus.” But he hasn’t.
- Biden promised that, “This winter, you’ll be able to test for free in the comfort of your home and have some peace of mind.” But you couldn’t.
- Biden promised that he was going to make Covid treatments widely available. But he hasn’t.
- We allocated them more than $4.5 trillion in Covid relief, but schools are still shutting down, workers are not in the office, and medical workers are burning out. Biden now wants another “substantial” Covid-relief supplemental-spending bill. We spent $1.9 trillion ten months ago! What the hell did we do with all the money that was already spent?
- Biden insisted that inflation wasn’t really a problem and wouldn’t be unchecked. But it was, and it is.
- Biden insisted that the wave of migrants at the border was just the usual seasonal pattern. But it wasn’t.
- Biden insisted that regarding the supply chain, “The much-predicted crisis didn’t occur.” But Americans are still seeing long backlogs at ports, empty shelves in stores, and long waits for usually readily available products.
- Biden insisted that he was going to get tough on China. He hasn’t.
- Biden insisted that he was going to get tough on Russia. He hasn’t.
- Biden pledged that he was going to get Americans and Afghan allies home from Afghanistan. He didn’t.
- Biden pledged to ISIS, “We will not forgive. We will not forget. We will hunt you down and make you pay.” And then the U.S. military killed seven children and an aid worker in a drone strike.
https://www.nationalreview.com/the-morning-jolt/joe-biden-is-in-over-his-head
ExpressLane (01-15-2022)
He just screws up, over and over again.
This isn’t even counting the legislative fights that Biden chose, knowing the extraordinary difficulty of passage with a small majority for House DEMOCRATS and a 50-50 Senate: Build Back Better, a federal takeover of election administration, and creating at least a carve-out of the filibuster if not eliminating it entirely.
Bookmarks