Tiberius Posted February 11, 2022 Posted February 11, 2022 4 hours ago, reddogblitz said: Right after Carter's only term? Yup, and now we are right after Trump's only term 2 hours ago, Westside said: As they should. Unless the polling machines mysteriously are shut off again. No, Trump just got his butt spanked
Chef Jim Posted February 11, 2022 Posted February 11, 2022 22 minutes ago, Tiberius said: Yup, and now we are right after Trump's only term Do you have confidence that Biden will drop it as quickly as Reagan did?
Doc Posted February 11, 2022 Posted February 11, 2022 Joey's gonna be a 1-termer. Don't crow too much.
Tiberius Posted February 11, 2022 Posted February 11, 2022 10 minutes ago, Chef Jim said: Do you have confidence that Biden will drop it as quickly as Reagan did? What?
Chef Jim Posted February 11, 2022 Posted February 11, 2022 18 minutes ago, Tiberius said: What? What happened to that high inflation that (I’ll use the liberals stupid argument) Reagan inherited from Carter and do you have confidence that Biden will do the same?
Westside Posted February 11, 2022 Posted February 11, 2022 1 hour ago, Tiberius said: Yup, and now we are right after Trump's only term No, Trump just got his butt spanked Wrong So much corruption in the 2020 election, even a partisan hack like yourself knows it was rigged. Xiden is a false leader. 1
All_Pro_Bills Posted February 11, 2022 Posted February 11, 2022 22 minutes ago, Chef Jim said: What happened to that high inflation that (I’ll use the liberals stupid argument) Reagan inherited from Carter and do you have confidence that Biden will do the same? I believe the economic and financial conditions of 1980 and 2022 are completely different. But the answer might come down to a few simple question. Do you think Powell and the Fed can or will do what Volker did which was a massive increase in interest rates? Do you think the US economy of 2022 can handle interest rates of around 18% interest rates? Or even 8%? My assessment, without any doubts is NO. Powell will talk a good game, downplay the impact on prices, and not do much of anything. Especially in a year of mid-term elections. He doesn't want to be accused of playing favorites even though the Fed claims to be "independent". Nothing could be further from the truth. Yesterday there was a rumor in the markets of an "emergency" 50 basis point rate hike coming as early as today. Incredibly, there are investors and traders that still believe the Fed has some control over the situation. Maybe asking another simple question which is if a rumor of the Fed raising rates a measly 50 basis point panics the markets how are they going to actually raise rates high enough to address 7.5% CPI reported inflation without tanking everything? They can't. 1
Irv Posted February 11, 2022 Posted February 11, 2022 4 hours ago, ALF said: Covid really screwed up the supply chain , caused massive early retirements and labor shortage. The buck does stop with Biden and Congress who will pay big in midterms. Wait. I thought Demented Biden shut down the virus? 🦄 1
B-Man Posted February 11, 2022 Posted February 11, 2022 Rapid rate of rising prices overwhelms wage hikes. https://nypost.com/2022/02/10/rising-prices-overwhelm-wage-hikes/
Tiberius Posted February 11, 2022 Posted February 11, 2022 4 hours ago, Chef Jim said: What happened to that high inflation that (I’ll use the liberals stupid argument) Reagan inherited from Carter and do you have confidence that Biden will do the same? Where? What do you mean? 1
RaoulDuke79 Posted February 12, 2022 Posted February 12, 2022 4 minutes ago, BillStime said: Brandon’s fault Why's my gas cost so much?
Thurmal34 Posted February 12, 2022 Posted February 12, 2022 Why's my gas cost so much? because Shell, BP, Exxon, and Mobil profits are the highest they have been in 7 years. Want proof? 2 1 1
Thurmal34 Posted February 12, 2022 Posted February 12, 2022 ppl continue to fail to understand that the US requires more in taxes from a family that makes $175,000 is than a company that makes $5,000,000,000. Beyond that, they fail to get that they are being pitted against brown ppl when the real culprit is automation. When was the last time you dealt with a bank teller? How about looked at an auto assembly line? 1 1
All_Pro_Bills Posted February 12, 2022 Posted February 12, 2022 7 hours ago, BillStime said: Brandon’s fault Sounds like the campaign messaging for November 2022 is going to be don't blame us, blame evil corporations and business owners for price increases. 2
Chef Jim Posted February 12, 2022 Posted February 12, 2022 9 hours ago, BillStime said: Brandon’s fault How about price and wage freezes like I mentioned months ago? The cause of inflation may not be his fault but the fixes lay on his desk. What has he done to FIX the issue other then point blame and yell at reporters asking about it? Leaders lead. 1
BillStime Posted February 12, 2022 Posted February 12, 2022 1 hour ago, Chef Jim said: How about price and wage freezes like I mentioned months ago? The cause of inflation may not be his fault but the fixes lay on his desk. What has he done to FIX the issue other then point blame and yell at reporters asking about it? Leaders lead. What happened the last time a president imposed a freeze on prices and wages?
Kemp Posted February 12, 2022 Posted February 12, 2022 4 hours ago, All_Pro_Bills said: Sounds like the campaign messaging for November 2022 is going to be don't blame us, blame evil corporations and business owners for price increases. Since it's proveably accurate, it's probably a good choice. I do realize that it won't work because of the enormous amount of folks who are ignorant of what's happening and those too dense to process it. 1
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