no, its you who have nothing to refute what the facts show.
Inflation has topped out
- Thread starter Cypress
- Start date
no, its you who have nothing to refute what the facts show.
Geeko Sportivo
Verified User
Our Inflation problems are a reminder that WE ARE ADDICTED TO OIL!
Anytime we allow Oil to control our economy- WE ARE FUCKED BECAUSE OIL IS ONLY SUSTAINABLE FOR ANOTHER 35 years anyway- BEFORE THERE IS NO MORE.
But you go out and and fire up your Chevy Silverado and DRIVE BABY DRIVE! It's a free country!
Let's rob all the resources and use them up now so that there will be none for our children's children!
AND LET'S STAND IN THE WAY OF PROGRESS and technology, by making energy a political football for political gain, profit, and self-serving ways.
MAN- I AM ASHAMED OF YOU!
Man has become a problem for himself and generations to come!
Are Liberals and Democrats the true conservatives? Yes, I think so!
Anytime we allow Oil to control our economy- WE ARE FUCKED BECAUSE OIL IS ONLY SUSTAINABLE FOR ANOTHER 35 years anyway- BEFORE THERE IS NO MORE.
But you go out and and fire up your Chevy Silverado and DRIVE BABY DRIVE! It's a free country!
Let's rob all the resources and use them up now so that there will be none for our children's children!
AND LET'S STAND IN THE WAY OF PROGRESS and technology, by making energy a political football for political gain, profit, and self-serving ways.
MAN- I AM ASHAMED OF YOU!
Man has become a problem for himself and generations to come!
Are Liberals and Democrats the true conservatives? Yes, I think so!
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cawacko
Well-known member
This thread is about CBO projections on inflation and GDP growth, and ultimately how off they are.
You chimed in not about the CBO but rather about Biden and how silly it is to think he’s played any role in this. How about you share what you think is driving inflation because I don’t know that you have much of a clue
Little lizard, oil, coal, and natural gas are what the entire world runs on. Literally, everything we eat, touch, wear, or need for our daily lives is a product of one of those three things. Understand that and you will become much smarter very quickly.
no - we are addicted to consumption - and we refuse to ever suffer or cut back on our way of living.
You are dumb.
Geeko Sportivo
Verified User
Thanks, I can also agree with your comment about us overall.
Man is not the smartest animals on the planet in terms of addiction to things we really don't need.
Sometimes man let's politics stand in the way of helping the overall good causes in the world.
Choose your politics carefully and make sure you are on the side of progress and the betterment of mankind overall!
Because Fauci asked him to close businesses and he complied because he was "following the science". Pretending this was because of Trump policies is just deliberate ignorance.
Stringfellow Hawk
Member
kill yourself before you infect someone with your ignorance, at the very least wear a muzzle
Nobody claimed this was because of Trump's policies just like the current inflation is not due to Biden's policies. Presidents do not control the economy and world-wide inflation is not caused by anybody.
What did Trump do to comply with Fauci's recommendation to close businesses?
cawacko
Well-known member
Eh, disagree with you a bit here. It becomes mind numbing when people try to either give 100% credit or blame to President's for either the economy or inflation. But that doesn't mean President's play no role either.
A portion of our inflation has been driven by monetary and fiscal policies (the latter of which Biden supported and signed). If there were no negative repercussions we would print money nonstop and have forever fiscal stimulus. You see people who supported the massive fiscal stimulus our government sent out now trying to say it played no role in our current inflation. That's economic ignorance to me.
I certainly agree that the large amounts of money spent under both Biden and Trump contributed to the problem, but that does not account for world-wide inflation issues. Also, with the pandemic causing businesses and employment to drop it was risky not to take any stimulus actions for fear of a severe recession.
As usual, one's evaluation of the economy is very partisan with members of the president's party seeing it as much better than those of the other.
cawacko
Well-known member
That was the Fed's excuse as well for dropping rates like they did, fear of massive layoffs etc. But it's not like people didn't warn about this at the time of our monetary and fiscal excess. This isn't of one those "no one could see this coming" situations. They knew this was a possibility/likely reality and trying to pass off that responsibility is pretty transparent to those who follow this.
And the Fed should have raised interest rates sooner.
Theywillneverlearn!
Verified User
Man was this news source wrong. And you for posting it.
cawacko
Well-known member
100% (well actually they shouldn’t have dropped them like they did once the economy started to open back up and recover.). They just threw fuel on the fire (along with all the fiscal stimulus).
Matt Dillon
Retardium User
Matt Dillon
Retardium User
You think Americans are going to ignore the events of 2021 and 2022 in November?
Althea
Althea told me...
HAHAHAHAHAHAHAHAHAHAHAHAHAHA! Do you REALLY think that NBC is telling you real numbers?????????!?