Inflation is 3 percent

floridafan said:
Donald was not responsible for Covid, but his reaction to it was a total and complete disaster. Now explain, without lying, how trumps first 3 years were so great?
Did he build his wall?
Did he give us better health care, repeal the ACA?
Did he boost economic growth by b4% a year, as promised?
Did the average American family see his promised $4,000 pay raise?
Did he offer Covid tests to everyone that wanted them?
Did he eliminate the Federal deficit?
Did he hire only the best people?
Did he bring down the price of prescription drugs?
Did he bring back the coal industry?
Did he drain the swamp?
Did Mexico pay for his wall?
Did he bring peace to the Middle East as promised?
He said he would force American companies to keep jobs in America? Did he?

The list can go on and on and on.
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Yup. Trumps management of the global pandemic was amongst the worst in the developed world leading to far more excess deaths per capita.

Conversely Biden's management of global inflation has been amongst the best in the developed world, leading to far less harm to the US overall.
 
QP! said:
Yup. Trumps management of the global pandemic was amongst the worst in the developed world leading to far more excess deaths per capita.

Conversely Biden's management of global inflation has been amongst the best in the developed world, leading to far less harm to the US overall.
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His reaction was criminal. Woodwards tapes are just incredibly damning. Trumps only concern with the pandemic was how it would impact his re-election chances. Woodward at one point had information and was trying to plead with Trump to listen to the medical experts. He was uninterested in that. His negligence resulted in tens of thousands of deaths and the gutting of the US economy. When we needed a leader, we got a narcissistic moron. If not for trumps treason and his stealing of top secret documents, this would be the greatest scandal to ever hit the White house. Now, it's mostly forgotten. It should not be.
 
QP! said:
It would go over well prior to this current Corporatist GOP as 'price gouging during a national emergency' is prosecutable and as such Boards and investors were happy to make the same good and fair profits but not price gouge to make record profits on the backs of captured customers in an emergency.
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You seem to be really focused on COVID. Did the principles of profit not exist prior? The post I responded to, after which you responded to me, had nothing to do with COVID or a specific time period. It's about how businesses operate and the claim that maximizing profits is a dangerous business model.

Should we be upset when say Google posts a record profit and their stock skyrockets? I see a lot of people celebrating when the stock market increases but very silent about increasing profits during that celebration.
 
Concart said:
Doesn’t bother me a bit. But when profits are made because of actions that hurt the public it is GOVERNMENTS role to regulate that behavior. That’s why libertarians are so full of shit. Put that theory into practice and they have no answers. Frankly, neither do Republicans. Deregulation by Trump has cased multiple rail accidents but I’m sure the lack of regulation lined the pockets of those shareholders.

No government regulations on anything? Cool. I’ll build my meth plant, use child labor, dump the chemicals into the drinking water and arm my distributors with AR-15s. Thanks libertarians!!!
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I reread what I wrote a couple of times because Lord knows reading isn't my strong suit but I'm not following where this idea of no government regulation on anything is coming from based on my post and what I responded to.
 
cawacko said:
I reread what I wrote a couple of times because Lord knows reading isn't my strong suit but I'm not following where this idea of no government regulation on anything is coming from based on my post and what I responded to.
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I might have gone off on a tangent, but your assertion that a company's mission statement is to maximize profits for shareholders was what triggered the response. Given that the mission does not include anything about being a responsible 'person' that mission statement needs to be kept in check, and that is one of the primary roles of government in a free enterprise system. This is an area where liberals and conservatives fundamentally disagree. Conservatives believe in the invisible hand, and they believe in supply side. My position is that those things do not work to keep corporations responsible. I then took lack of regulation to the extreme to drive home the point. Profit motive has always existed. When it runs afoul of the public good, it needs to held accountable.

Your post was just the trigger for my rant :)
 
Bidenomics! Nationwide Spike In Family Homelessness, UP 37.6% YoY (NYC Homeless Rate UP 66.4% YoY, Chicago UP 82.2%!)


Way to go Biden
 
Into the Night said:
No. Everything. That IS the inflation from 2021 until today. That figure comes from the US Treasury.

The US Treasury describes the money printing HERE, not anywhere else in the world.

Blatant lie.

You have no idea what Kabuki theater is even like to make a stupid statement like that! Whadda dumb lizard.

You are not educated, obviously. All you know is the Democrat lies.

You don't have any. You just echo the Democrat lies.

DEMOCRATS.

Biden is not responsible for ANY recovery.

Blatant lie. The figure I quote is from the US Treasury, ya dumb lizard.

The US Treasury is not a 'Donald Trump lie'. TDS.
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Calm Down now BIRDIE BRAIN before you tear yourself a whole new asshole!

Bless your little heart!

cocoa-puffs-sonny-the-cuckoo-bird.gif
 
cawacko said:
You seem to be really focused on COVID.
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yes. It is a very simple example to highlight how corporations can abuse the Capitalist market, and why regulations are required to control their worst tendencies in pursuit of profit.



Did the principles of profit not exist prior?
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Sure they did.

But does that mean you are now conceding that during COvid corporations used predatory pricing to make excessive profits and were a major driver of the depth of the inflation the US felt?


The post I responded to, after which you responded to me, had nothing to do with COVID or a specific time period. It's about how businesses operate and the claim that maximizing profits is a dangerous business model.

Should we be upset when say Google posts a record profit and their stock skyrockets? I see a lot of people celebrating when the stock market increases but very silent about increasing profits during that celebration.
Click to expand...
I do not think profits are a bad thing. They are a very necessary thing and they need to be competitively healthy. I jumped in on the 'regulation' comments I saw you exchanging with another poster where it seemed you were against government regulations that could limit profits in some instances, such as price gouging, child labour, etc.
 
Geeko Sportivo said:
Calm Down now BIRDIE BRAIN before you tear yourself a whole new asshole!

Bless your little heart!
...
Click to expand...

Anyone who claims Biden is responsible for, and deserves the blame for the Inflation in the US during a World Wide inflation crisis....

...One that he managed to get better results fighting than pretty much any other nation and yet they say he should get none of the credit for his proven super strong management...

Is just not a person to be taken seriously.

It is true a POTUS can do little to stop world wide catastrophic events (inflation, Covid), but they can easily make the situation much worse of much better depending on how they respond to it.

Biden is a case study in adept and strong management that go outsized GOOD results compared to peer nations.

Trump is an example of incompetent management who got outsized BAD results compared to peer nations.
 
Joe Capitalist said:
Read it and weep, bitch

US Inflation Rate (CPI), YoY % Change...
Jun 2022: 9.1%
Jul 2022: 8.5%
Aug 2022: 8.3%
Sep 2022: 8.2%
Oct 2022: 7.7%
Nov 2022: 7.1%
Dec 2022: 6.5%
Jan 2023: 6.4%
Feb 2023: 6.0%
Mar 2023: 5.0%
Apr 2023: 4.9%
May 2023: 4.0%
Jun 2023: 3.0%
Click to expand...

I know, right?
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2023 6.4 6.0 5.0 4.9 4.0 3.0 4.0 3.0
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1
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its good to see you realize inflation is Biden's legacy....
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
 
Did he build his wall?....you blocked it....
Did he give us better health care, repeal the ACA?....you blocked it....
Did he boost economic growth by b4% a year, as promised?.....no, but it grew more than it did under demmycrats...
Did the average American family see his promised $4,000 pay raise?.....no, but it grew more than it did under demmycrats...
Did he offer Covid tests to everyone that wanted them?....yes, even Biden got one before he was inaugurated.....
Did he eliminate the Federal deficit?......you already know his first three years were the lowest in a decade....
Did he hire only the best people?...Biden was not hired....
Did he bring down the price of prescription drugs?....yes, he issued an executive order reducing the copay for insulin.......Biden reversed it his first week....
Did he bring back the coal industry?.....Biden destroyed them again....
Did he drain the swamp?.....thousands of demmycrats lost their government jobs
Did Mexico pay for his wall?.....you blocked it.....
Did he bring peace to the Middle East as promised?.....there were no wars during his four years.....
He said he would force American companies to keep jobs in America? Did he?......more new jobs than any other president.....

The list can go on and on and on.......it sure can, for four more years....

by the way you forgot tax cuts for every American who paid taxes and the appointment of conservative judges....
 
QP! said:
I know you guys look at Biden as some massively all powerful being and that is why you fear him so much but, no, Biden was not responsible for World wide inflation.

He was responsible though for managing the US's better than almost all other countries.
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actually I look at him as a worthless piece of shit, as I do most of you demmycrats......
 
QP! said:
Anyone who claims Biden is responsible for, and deserves the blame for the Inflation in the US during a World Wide inflation crisis....

...One that he managed to get better results fighting than pretty much any other nation and yet they say he should get none of the credit for his proven super strong management...

Is just not a person to be taken seriously.

It is true a POTUS can do little to stop world wide catastrophic events (inflation, Covid), but they can easily make the situation much worse of much better depending on how they respond to it.

Biden is a case study in adept and strong management that go outsized GOOD results compared to peer nations.

Trump is an example of incompetent management who got outsized BAD results compared to peer nations.
Click to expand...

"we are going to bankrupt the fossil fuel industry"........."we stopped the oil drilling, man!"........
 
QP! said:
I know you guys look at Biden as some massively all powerful being and that is why you fear him so much but, no, Biden was not responsible for World wide inflation.

He was responsible though for managing the US's better than almost all other countries.
Click to expand...

Funny. The MAGA paints Biden as this master criminal of this widespread global criminal Enterprise and at the same time this weak, frail old man who can barely tie his own shoes.

I wish they'd make up their fucking minds.
 
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