Guno צְבִי
We fight, We win, Am Yisrael Chai
She/he/it is around 70
2022 why we’re heading into recession
- Thread starter Truth Detector
- Start date
She/he/it is around 70
It's my fucking wallet that's hurt! $4.69 for a gallon of gas! Milk is nearly $5.00
Joe Biden’s War on Natural Gas Is Real
https://www.msn.com/en-us/money/markets/joe-bidens-war-on-natural-gas-is-real/ar-AA18MPYv
Fact check: Biden falsely claims the most common gas price was over $5 when he took office
https://www.cnn.com/2022/10/28/politics/fact-check-biden-gas-prices/index.html
Yeah, we're butthurt because EVERYTHING is higher since Biden took office. That's EVERYTHING!
Geeko Sportivo
Verified User
Well, I just paid $2.73 for my Gasoline, and using my Kroger's Card was able to get an additional $.50 off a gallon!
AND Yes, you are BUTT HURT BECAUSE BIDEN DEFEATED TRUMP IN THE LAST ELECTION!
And is the reason why you blame Biden for everything including your own hemorrhoids!
Yes, everything is higher since the pandemic! But that has nothing to do with Biden, as that is a GLOBAL PROBLEM!
INCLUDING EVERYONE'S WAGES! INCLUDING YOUR SOCIAL SECURITY- THANKS TO THE DEMOCRATS AND BIDEN!
NEXT!
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Into the Night
Verified User
HAHAHAHAHAHAHAHAHA! You don't even know the gender! How do you know his age??? You've just shown yourself to be a twit again, Gunk.
Into the Night
Verified User
You're trying to convince the Lizard brain. Lizard brains can't think or reason. They just keep the stupid beast alive.
Into the Night
Verified User
...and the lying chants continue...
The poor Lizard can't say anything except what MSNBC, CNN, or Wikipedia told him to say. He has no brain other than a lizard brain. It can't reason.
Geeko Sportivo
Verified User
Actually, it is Parrots that have no idea what they are talking about, as they just Parrot what someone teaches them to say!
Lizards are actually very smart, as they are the one of the only species that survived the Dinosaur age!
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What prices have come down?
Actually, it is Parrots that have no idea what they are talking about, as they just Parrot what someone teaches them to say!
Lizards are actually very smart, as they are the one of the only species that survived the Dinosaur age!
Lizards eat insects, so there's that...
Reread your statement, Cruiser. You said inflation was outpacing wage growth. That has not been true for the last three months.
Can you read a graph?
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
3 months? Shit!
Wait until that strike screws up everything. 40% raise, etc. That's insane. But I agree the executives are way overpaid.
Prices are still at record highs with no end in sight. Gas is rising, as is home heating and cooling costs. Then there's groceries, and dog food, and...
Prices are always at record highs. That's how inflation works.
If wages are increasing faster, then prices aren't really going up. In fact, Americans have more purchasing power than they had three months ago. Actually, wages began outpacing inflation in February. But I'll wait. And wait. And wait. Because you have been predicting gloom and doom for years, and you are always wrong. So I won't hold my breath.
The UAW made massive concessions to save the auto industry. There is absolutely no excuse for the auto manufacturers to not repay those concessions.
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"Americans this year have faced the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families.
Inflation in February reached an annual rate of 7.9 percent, its highest rate since January 1982. Figure 1 displays how much inflation is increasing costs for the average American household. Inflation costs are shown relative to the price level in January 2021, when consumption patterns and inflation levels started to return to normal following the COVID-19 recession.
Relative to January 2021, high inflation increased costs for the average American household in February 2022 by $435, costs that were $51 higher than last month (total may not add due to rounding). Families in the Mountain region—Utah, Colorado, Arizona, New Mexico, Montana, Idaho, and Wyoming—are experiencing the highest inflation rates and $582 in added household costs. Alternatively, those in the East South Central—Kentucky, Tennessee, Mississippi, and Alabama—are experiencing relatively lower inflation costs of $385. Households in the remaining regions are facing monthly inflation costs ranging from $390 to $450. See Appendix for these specific inflation cost values.
Inflation costs are rising in every region. For example, the inflation cost in the Mountain region increased by $71 in February 2022, the largest single month increase across all region."
Appendix: Average Monthly Cost of Inflation per Household by Census Division, Relative to January 2021
Mountain: $582
Pacific: $454
West North Central: $443
West South Central: $435
East North Central: $439
East South Central: $385
New England: $415
Middle Atlantic: $392
South Atlantic: $434
https://www.jec.senate.gov/public/i...lysis?ID=A3FDE5A7-A0DD-4DDD-B8C1-DD91693BE0A6
Read the rest of the report and tell me wages have increased enough to offset inflation.
Inflation in February reached an annual rate of 7.9 percent, its highest rate since January 1982. Figure 1 displays how much inflation is increasing costs for the average American household. Inflation costs are shown relative to the price level in January 2021, when consumption patterns and inflation levels started to return to normal following the COVID-19 recession.
Relative to January 2021, high inflation increased costs for the average American household in February 2022 by $435, costs that were $51 higher than last month (total may not add due to rounding). Families in the Mountain region—Utah, Colorado, Arizona, New Mexico, Montana, Idaho, and Wyoming—are experiencing the highest inflation rates and $582 in added household costs. Alternatively, those in the East South Central—Kentucky, Tennessee, Mississippi, and Alabama—are experiencing relatively lower inflation costs of $385. Households in the remaining regions are facing monthly inflation costs ranging from $390 to $450. See Appendix for these specific inflation cost values.
Inflation costs are rising in every region. For example, the inflation cost in the Mountain region increased by $71 in February 2022, the largest single month increase across all region."
Appendix: Average Monthly Cost of Inflation per Household by Census Division, Relative to January 2021
Mountain: $582
Pacific: $454
West North Central: $443
West South Central: $435
East North Central: $439
East South Central: $385
New England: $415
Middle Atlantic: $392
South Atlantic: $434
https://www.jec.senate.gov/public/i...lysis?ID=A3FDE5A7-A0DD-4DDD-B8C1-DD91693BE0A6
Read the rest of the report and tell me wages have increased enough to offset inflation.