Earl (05-20-2022)
Agreed. They do that by choking economic growth.
What makes you think that? The most recent month had inflation happening at an annualized rate of 3.977%. As a point of comparison, the average over the prior half century was 3.877%. So, in April we were talking about nearly average inflation. Now, obviously, there was higher inflation in other recent months, and that has caused cumulative high inflation over the course of the last year. But if they'd "lost control" we'd expect accelerating inflation, where right now it looks like rate hikes are working.The Fed has lost control.
They have lots of options, since interest rates are still far below historical averages. It's not like we've already got rates so high they're financial markets can't work, so the Fed has no other tools to use. They can raise interest rates several full points and still not be above the range of modern rates.They are out of options.
I'm not sure what you're saying here. Yes, the NBER declared those. Specifically, the NBER has a business cycle committee that declared these things, which is what financial analysts, economists, and the business press typically refers to when they talk about the start and end date of recessions.Not declared by the NBER.
What shutdown do you mean?Denying the shutdown of the economy by Democrats isn't going wash, dude.
What numbers do you think I made up, specifically?Argument from randU fallacy. Making up numbers isn't going to wash either.
What statement, specifically, do you think was a lie, and what evidence do you see that it was a lie?Argument from randU fallacy. Lie.
What makes you think that? If it would be helpful, I can link you to the NBER's business cycle data page, so you can confirm for yourself.Lie.
I didn't try to do anything of the sort. You seem to have become confused. My argument is pretty simple, really: although Ford is the only Republican I can think of who didn't lead the nation into a recession, he had very little time in which to do so, since he was only president for a short time after the Second Nixon Recession ended. You obviously can't lead a nation into recession if they're already in one.Sorry dude, you don't get to blame Ford for Carter's economic disasters.
Last edited by Mina; 05-20-2022 at 08:25 AM.
Earl (05-20-2022)
The Consumer Price Index increased 8.5 percent for the year ended March 2022, following a rise of 7.9 percent from February 2021 to February 2022.Apr 18, 2022
Lots of "cumulative" inflation here.
This is what Americans are going to vote on in November.
Define 'right'. The wage/wealth gap began widening in earnest during the Reagan Administration, and it continues to widen. That is a dangerous place for an economy. However, ITN's statement regarding depression is objectively false (and stupid), and yours is completely subjective and completely lacks any nuance. But I shouldn't be surprised. You appear to know absolutely nothing about pretty much everything.
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
gfm7175 (05-20-2022)
The Fed doesn't control economic growth.
Argument from randU. Random numbers are not data.
Conclusion based on random numbers. Attempted proof by randU.
Lie.
Which has been happening.
No. The stock market is beginning to crash.
None.
Not about interest rates or prime loans.
False authority fallacy.
What rock have YOU been hiding under?
RQAA.
RQAA.
False authority fallacy. RQAA.
Lie.
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
Earl (05-20-2022)
Semantics fallacy. Go learn English.
No such thing. Buzzword fallacy.
Attempted conclusion based on buzzword. Void argument fallacy.
Lie. Depression is a stalled or contracting economy for several years.
Incorrect. Go learn English. There were objective and subjective portions to his statement.
He is not trying to nuance.
Bulverism fallacy.
No argument presented.
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
christiefan915 (05-20-2022)
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Earl (05-20-2022), Into the Night (05-20-2022)
Earl (05-20-2022)
Guno צְבִי (05-23-2022)
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Earl (05-20-2022), Into the Night (05-20-2022)
Earl (05-20-2022)
Guno צְבִי (05-23-2022)
The Consumer Price Index increased 8.5 percent for the year ended March 2022, following a rise of 7.9 percent from February 2021 to February 2022.Apr 18, 2022
Lots of "cumulative" inflation here.
This is what Americans are going to vote on in November.
The economy is the number one priority to Americans...and they vote.
Grokmaster (05-20-2022)
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
Grokmaster (05-20-2022)
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
Grokmaster (05-20-2022)
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
Grokmaster (05-20-2022)
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