T master Posted June 15, 2022 Posted June 15, 2022 (edited) Well yesterday i filled my truck it use to be when reading 1/4 tank between $48 to $50 & it is now $110 . Got 5 of the small walmart bags of groceries yesterday too & it was $120 not exactly sure how much more that is but i know it is more . A friend of mine had his son drive him to work this week because he owns a diesel pick up & fuel is close to $6.00 a gallon here in TN. I wish Joe would hurry up & kiss Saudi Arabia's or Venezuela's a** so the price would go down . That dam Putin !!! Edited June 15, 2022 by T master
ALF Posted June 16, 2022 Posted June 16, 2022 Baby formula production halted at Abbott's Michigan plant due to flooding after severe storms The shutdown of the Abbott plant is likely to delay baby formula production for a few weeks https://www.foxbusiness.com/lifestyle/abbott-baby-formula-production-halted-michigan-plant-storms 1 2
Orlando Buffalo Posted June 16, 2022 Posted June 16, 2022 On 6/14/2022 at 12:46 PM, Tiberius said: What will the GOP do about this if they are returned to power? More tax cuts for the wealthy? What do you suggest happens?
OrangeBills Posted June 16, 2022 Posted June 16, 2022 Just now, Buffalo Timmy said: What do you suggest happens? It's just that Tibs is a Leftist and has no idea how incentives work in an Economy. He can't track or understand rates of return, capital flows, etc etc For instance, Leftists are crowing about "Biden Deficit Reduction", but that's because they're too stupid to realize that's resultant from the Federal Reserve and Federal Gov't just PUMPING money into the Markets and Economy, leading to Trillions in short-term paper wealth profits, leading to lesser-Trillions in short-term cap-gains tax receipts, but ultimately not fundamentally changing anything, and in fact leading to this hyper-inflationary situation that's going to destroy livelihoods faster than they can say "Fossil Fuels Are Bad" 1
Tiberius Posted June 16, 2022 Posted June 16, 2022 11 minutes ago, Buffalo Timmy said: What do you suggest happens? The American people should solve this. Everyone should improve their gas milage. Smaller cars, more fuel efficient and that will save people money and drive down costs. 7 minutes ago, OrangeBills said: It's just that Tibs is a Leftist and has no idea how incentives work in an Economy. He can't track or understand rates of return, capital flows, etc etc For instance, Leftists are crowing about "Biden Deficit Reduction", but that's because they're too stupid to realize that's resultant from the Federal Reserve and Federal Gov't just PUMPING money into the Markets and Economy, leading to Trillions in short-term paper wealth profits, leading to lesser-Trillions in short-term cap-gains tax receipts, but ultimately not fundamentally changing anything, and in fact leading to this hyper-inflationary situation that's going to destroy livelihoods faster than they can say "Fossil Fuels Are Bad" So you have zero ideas. Ok)
OrangeBills Posted June 16, 2022 Posted June 16, 2022 12 minutes ago, Tiberius said: The American people should solve this. Everyone should improve their gas milage. Smaller cars, more fuel efficient and that will save people money and drive down costs. So you have zero ideas. Ok) Wrong Declare COVID over. We can debate about what it ever was (it was a global Psy Op that we fell for) but no matter, it's gone and is dramatically affecting our economy. People need to go to work. The Biden Admin needs to have the courage to declare this "Pandemic" is no longer a National Emergency and people need to get back to work to earn a living. Remove the punitive language and disincentives toward Energy production...ESG-related innovations are happening regardless, no need to punish the lower-40% of Americans to make John Kerry happy. Yes, maintain low overall Tax rates. It's an important incentive to invest here. Essentially, just do every thing that Trump was doing without the bombast that weak-minded Leftists can't take (nevermind that the Racist and Hate nonsense was creationism by radical Leftist media)
Tiberius Posted June 16, 2022 Posted June 16, 2022 3 minutes ago, OrangeBills said: Wrong Declare COVID over. We can debate about what it ever was (it was a global Psy Op that we fell for) but no matter, it's gone and is dramatically affecting our economy. People need to go to work. The Biden Admin needs to have the courage to declare this "Pandemic" is no longer a National Emergency and people need to get back to work to earn a living. Remove the punitive language and disincentives toward Energy production...ESG-related innovations are happening regardless, no need to punish the lower-40% of Americans to make John Kerry happy. Yes, maintain low overall Tax rates. It's an important incentive to invest here. Essentially, just do every thing that Trump was doing without the bombast that weak-minded Leftists can't take (nevermind that the Racist and Hate nonsense was creationism by radical Leftist media) Global psyop??? Ha ha Whatever
B-Man Posted June 16, 2022 Posted June 16, 2022 The Biden Recession Has Arrived No doubt about it, the economic news in recent weeks has been relentlessly negative. Indicator after indicator shows activity plunging sharply in key parts of the economy. Now, a widely followed indicator signals economic growth is likely to be zero in the current quarter, after the first quarter’s “unexpected” 1.4% decline. Buckle up, looks like we’re entering a recession, folks. Let’s review just some of the economic carnage of recent days: The Fed raised interest rates by 3/4 of a percentage point on Wednesday, the largest hike since 1994, as the central bank desperately tries to rein in our near-9% inflation rate. Mortgage rates surged above 6%, the highest since 2008, a level that is likely to tank home sales and hit consumers’ pocketbooks hard as adjustable-rate mortgages move upward along with interest rates. Producer prices soared at a 10.8% rate in May, an ominous sign of higher inflation for consumers down the road. That followed last week’s 8.6% yearly CPI number, the highest since 1981. Retail sales fell 0.3% in May, but jumped 8.1% from a year earlier. A good sign? Hardly. Adjusted for CPI inflation, growth was minus 0.5%. Small business optimism is its lowest ever, the National Federation of Independent Business said. This is key because small businesses are the No. 1 employer in America, usually first to hire in good times and first to fire in a slump. “Meanwhile,” AP reports, “the national average price at the pump reached $5.01 per gallon on Tuesday, up from $4.45 a month ago, and surging more than 60% in one year.” And before Wednesday, when the stock market rallied in relief that the Fed finally recognized the seriousness of the inflation problem, all of the post-Trump stock market gains had been erased. The Atlanta Fed’s GDPNow indicator, a kind of running tab of GDP data, fell to zero on Wednesday. A rule of thumb says two or more quarters of zero or negative growth equals a recession. By that standard, the Biden recession is here. To sum it all up, “Between bad fiscal policy, bad monetary policy, and terrible energy policy, this is the witch’s brew that created this record-high inflation,” former Trump economic adviser Larry Kudlow told Fox Business’ Stuart Varney on Wednesday. Joe Biden let it happen by following the awful advice of his White House advisers and the far-left Clown College he calls a Cabinet, possibly the most inept collection of political ideologues in our nation’s history. And that’s saying a lot. https://issuesinsights.com/2022/06/16/bidens-recession-from-risk-to-real/ 1
716er Posted June 16, 2022 Posted June 16, 2022 1 hour ago, OrangeBills said: Declare COVID over. We can debate about what it ever was (it was a global Psy Op that we fell for) Dumbest thing ever written on PPP Congrats
wnyguy Posted June 16, 2022 Posted June 16, 2022 11 minutes ago, 716er said: Dumbest thing ever written on PPP Congrats I would suggest the dumbest post ever is "I voted for Biden". 1 2
Orlando Buffalo Posted June 16, 2022 Posted June 16, 2022 3 hours ago, Tiberius said: The American people should solve this. Everyone should improve their gas milage. Smaller cars, more fuel efficient and that will save people money and drive down costs. So the Carter sweater policy? Decrease demand for energy? Ok- it sadly is the best idea I heard from a liberal in a long time because at least it won't make things worse.
Tiberius Posted June 16, 2022 Posted June 16, 2022 35 minutes ago, Buffalo Timmy said: So the Carter sweater policy? Decrease demand for energy? Ok- it sadly is the best idea I heard from a liberal in a long time because at least it won't make things worse. Stop looking to government to solve all your problems! 1
Tiberius Posted June 16, 2022 Posted June 16, 2022 Government, I want a big truck, make it cheap to drive. I don't want to take control of my own life
Over 29 years of fanhood Posted June 16, 2022 Posted June 16, 2022 22 hours ago, B-Man said: Oooops said the quiet part out loud 2 minutes ago, Tiberius said: Government, I want a big truck, make it cheap to drive. I don't want to take control of my own life Economics make it cheap to drive. If the government got out of the way gas would be $1 a gallon
sherpa Posted June 16, 2022 Posted June 16, 2022 4 minutes ago, Tiberius said: Government, I want a big truck, make it cheap to drive. I don't want to take control of my own life Or: Government, don't screw up a pretty good system that works for all. We're way beyond that. Hopefully, that changes. 1
Chef Jim Posted June 16, 2022 Posted June 16, 2022 6 minutes ago, Tiberius said: Government, I want a big truck, make it cheap to drive. I don't want to take control of my own life Oh this won’t age well. Not at all. 😂
Tiberius Posted June 16, 2022 Posted June 16, 2022 1 minute ago, sherpa said: Or: Government, don't screw up a pretty good system that works for all. We're way beyond that. Hopefully, that changes. Which government? Gas prices are high everywhere
Orlando Buffalo Posted June 16, 2022 Posted June 16, 2022 54 minutes ago, Tiberius said: Stop looking to government to solve all your problems! How about they simply stop causing so many problems?
Tiberius Posted June 16, 2022 Posted June 16, 2022 17 minutes ago, Buffalo Timmy said: How about they simply stop causing so many problems? They do. I get it, you hate the government and want to undermine it
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