The Frankish Reich Posted October 21, 2022 Posted October 21, 2022 1 hour ago, SoCal Deek said: I’m certainly no genius when it comes to macro economics but you don’t have to be one to realize that the Biden Administration’s policies were NEVER designed to curb inflation. Why? Because for the longest time they refused to admit there even any inflation even happening! Remember the infamous 18 cent Fourth of July? So instead they just kept spending. The motto was “We can’t be out of money…we still have checks!” Like everything else, this issue isn’t complicated! True.
B-Man Posted October 21, 2022 Posted October 21, 2022 House #3 Democrat: "All of us knew" House Majority Whip Jim Clyburn (D., S.C.) on Thursday said congressional Democrats knew when they signed off on President Joe Biden’s multitrillion-dollar legislative plans that the laws would lead to increased inflation. “Let me make it very clear. All of us are concerned about these rising costs, and all of us knew this would be the case when we put in place this recovery program,” Clyburn said on MSNBC after host José Díaz-Balart asked about Americans’ struggles with surging food and energy prices. “Any time you put more money into the economy, prices tend to rise.” https://hotair.com/headlines/2022/10/21/house-3-dem-all-of-us-knew-n505038 .
Doc Posted October 23, 2022 Posted October 23, 2022 (edited) LOL. Of course you do Nancy. Along with a lot of other topics. Edited October 23, 2022 by Doc
Big Blitz Posted October 24, 2022 Posted October 24, 2022 Its going to get really really bad DeSantis is going to win 40 plus states - New York and California will be in play. That’s how bad it’s going to get But go Ukraine!! And fight climate change! Abortions till birth!! LFG!!! 2 1
Doc Posted October 24, 2022 Posted October 24, 2022 9 hours ago, Big Blitz said: Its going to get really really bad DeSantis is going to win 40 plus states - New York and California will be in play. That’s how bad it’s going to get But go Ukraine!! And fight climate change! Abortions till birth!! LFG!!! And then you'll see real election denial and insurrection, but the left will call it something else. 3
B-Man Posted November 1, 2022 Posted November 1, 2022 The Fed may have to blow up the economy to get inflation under control... 1 day ago — The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight ... https://www.cnn.com/2022/10/30/investing/stocks-week-ahead . 1
Chef Jim Posted November 1, 2022 Posted November 1, 2022 11 hours ago, B-Man said: The Fed may have to blow up the economy to get inflation under control... 1 day ago — The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight ... https://www.cnn.com/2022/10/30/investing/stocks-week-ahead . Inflation is a killer and needs to be gotten under control. If it blows up the economy so be it. The economy will recover. It always does. 1
SoCal Deek Posted November 1, 2022 Posted November 1, 2022 1 hour ago, Chef Jim said: Inflation is a killer and needs to be gotten under control. If it blows up the economy so be it. The economy will recover. It always does. The mistake the Biden Administration made was their persistent insistence that inflation wasn’t happening. Joe continues pushing that narrative even now. You can do that with a topic like climate change, where the repercussions are decades away, but not with the price of gas and groceries, which people experience every week. We’re going to see if they pay a political price for that mistake.
Chef Jim Posted November 1, 2022 Posted November 1, 2022 6 minutes ago, SoCal Deek said: The mistake the Biden Administration made was their persistent insistence that inflation wasn’t happening. Joe continues pushing that narrative even now. You can do that with a topic like climate change, where the repercussions are decades away, but not with the price of gas and groceries, which people experience every week. We’re going to see if they pay a political price for that mistake. That’s why you ignore the Administration and pay attention to The Fed.
Doc Posted November 1, 2022 Posted November 1, 2022 20 minutes ago, Chef Jim said: That’s why you ignore the Administration and pay attention to The Fed. Who get their marching orders from the Admin. 1
Chef Jim Posted November 1, 2022 Posted November 1, 2022 3 hours ago, Doc said: Who get their marching orders from the Admin. Not really. They are nominated by the President but I don't think the administration dictates what they do. If so The Fed would not be raising interest rates seeing the Administration says inflation is supply chain (which is MUCH better that it was) issues, transitory so it was going away, Putin's war which The Fed can do nothing about.
Doc Posted November 1, 2022 Posted November 1, 2022 5 minutes ago, Chef Jim said: Not really. They are nominated by the President but I don't think the administration dictates what they do. If so The Fed would not be raising interest rates seeing the Administration says inflation is supply chain (which is MUCH better that it was) issues, transitory so it was going away, Putin's war which The Fed can do nothing about. At one time I would have agreed with you. Now I do not.
Chef Jim Posted November 1, 2022 Posted November 1, 2022 13 minutes ago, Doc said: At one time I would have agreed with you. Now I do not. Why?
Doc Posted November 1, 2022 Posted November 1, 2022 3 minutes ago, Chef Jim said: Why? Do you think the FBI has become partisan?
Chef Jim Posted November 1, 2022 Posted November 1, 2022 3 minutes ago, Doc said: Do you think the FBI has become partisan? We’re talking The Fed. 🙄
SoCal Deek Posted November 1, 2022 Posted November 1, 2022 4 hours ago, Chef Jim said: That’s why you ignore the Administration and pay attention to The Fed. I’m not actually paying much attention to either. My point was that the Biden Administration really miscalculated here (politically speaking) and chose to believe that the American people either wouldn’t notice or wouldn’t care if the cost of everything they buy went up. Was it that hard to say ‘we feel your pain’? Really bad move on their part…not that anyone behind the curtain will get fired over that unforced error.
Doc Posted November 1, 2022 Posted November 1, 2022 1 hour ago, Chef Jim said: We’re talking The Fed. 🙄 The FBI is the Feds as well.
Chef Jim Posted November 1, 2022 Posted November 1, 2022 1 hour ago, Doc said: The FBI is the Feds as well. Come on man......we're talking about the Federal Reserve. What does the FBI have to do with any of this?
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