Tommy Callahan Posted August 15, 2023 Posted August 15, 2023 This economy will hurt the dems more than any of the social topics being highlighted by the MSM. people feel this every day.
Tommy Callahan Posted August 15, 2023 Posted August 15, 2023 https://twitter.com/creation247/status/1675893336941510656?t=rHPwBTdW-cnybfe2WXIKmw&s=19 1 1
SoCal Deek Posted September 14, 2023 Posted September 14, 2023 5 minutes ago, B-Man said: Sure. . . . . . 🙄 Thanks for confirming that you’re a clueless moron Jennifer, with no power or authority to do much of anything for the American people. Guess it’s time we elect people who can. 1 1
B-Man Posted September 14, 2023 Posted September 14, 2023 Bidenomics Breaking America: U.S. Oil Prices Jump Above $90 a Barrel, Gasoline Climbs Relentlessly Higher Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year. West Texas Intermediate crude rose by more than 1.9 percent on Thursday to reach a high of $90.29 a barrel, the highest level since November of last year. Brent crude, the international benchmark most closely related to gasoline prices in the U.S., rose by nearly two percent to $93.68. The rising price of oil comes at a particularly challenging time for American consumers. U.S. gasoline prices surged 20 percent last month, according to the producer price index data released Thursday. This accounted for 60 percent of the rise in the index for final demand goods, the Bureau of Labor Statistics said. On Thursday, gasoline prices were once again on the rise across the nation. The national average gas price rose to $3.853 a gallon, up from $3.484 a day earlier. This is more than 50 cents higher than a month ago. Saudi Arabia and Russia said last week that they would extend their cuts in oil supplies through the rest of 2023. This has pushed up oil prices, as intended. The U.S. is also producing less oil than it could be. The total oil rig count in the U.S. is down to 513 from 591 a year ago. The Biden administration’s policies are discouraging investment in domestic fossil fuel production by limiting production in Alaska and the Gulf of Mexico, pushing automakers away from traditional combustible engines, and promising to reduce the use of fossil fuels in the years to come. Efforts by the Biden administration to talk oil producers and refiners into increasing oil stocks have not succeeded in holding down prices. “The Energy Department is in touch with producers and refiners to resolve any issues and to try to ensure stable supply,” White House economist Jared Bernstein told reporters on Wednesday. With the U.S. strategic reserves at extremely low levels following President Biden’s decision to flood the market with government owned oil in the run-up to last year’s midterm Congressional elections, there’s no ready supply that can be brought online quickly to fill the gaps in supply. Biden released 180 million barrels from the reserve starting in March 2022, bringing the strategic stockpile to its lowest level in four decades. Although the Biden administration has repeatedly promised to refill the strategic reserves, it largely failed to do so. Critics say that the administration made a significant policy error when it failed to quickly restock the reserves when oil prices were relatively low earlier this year. The Biden administration recently said it would delay plans to restock the nation’s reserve because prices had moved too high. https://news.yahoo.com/us-discussed-fuel-supply-prices-181357708.html
Doc Posted September 14, 2023 Posted September 14, 2023 1 hour ago, SoCal Deek said: Thanks for confirming that you’re a clueless moron Jennifer, with no power or authority to do much of anything for the American people. Guess it’s time we elect people who can. But hey, she hasn't resigned, so... 1
T&C Posted September 14, 2023 Posted September 14, 2023 3 hours ago, B-Man said: Sure. . . . . . 🙄 It always has amazed me how many incompetent people get these positions... same with the private sector. We've all known a boss or someone in power at a company or firm that can't find their ass from a hole in the ground. It's basically who you know a lot of the time. Or, who you... 1
Big Blitz Posted September 22, 2023 Author Posted September 22, 2023 Wegmans: 1 pound of deli chicken - 15 8 sub rolls - 8 3 generic hand soaps - 5 2 bottles of shampoo - 10 banana - 2 Bag of apples - 6 milk - 4 2 cartons of eggs - 5 1 loaf of bread - 5 2 yogurts - 10 70 dollars. Inflation “reduction” 2
T master Posted September 22, 2023 Posted September 22, 2023 Well from what i'm understanding because the blind faith that the ignorant politicians of the US gov't have put those that have put forth the agenda of a one world economy soon there could be a huge jump in prices & possibly so much that it could cause a famine of sorts . And the great thing is it all happened long before Trump came along but he was the stiff POS that was trying to turn it around & got roasted at the stake for it ... Thanks G.W. Bush, Obama, Clinton, G. Bush & many others for selling our country to the enemy all in the name of the back door dollar !! 1
Over 29 years of fanhood Posted September 22, 2023 Posted September 22, 2023 7 hours ago, Big Blitz said: Wegmans: 1 pound of deli chicken - 15 8 sub rolls - 8 3 generic hand soaps - 5 2 bottles of shampoo - 10 banana - 2 Bag of apples - 6 milk - 4 2 cartons of eggs - 5 1 loaf of bread - 5 2 yogurts - 10 70 dollars. Inflation “reduction” I found your list’s lack of leafy greens alarming 3
Joe Ferguson forever Posted October 6, 2023 Posted October 6, 2023 https://finance.yahoo.com/news/gas-prices-to-drop-like-wet-feathers-analyst-says-163343166.html Good news!
Tommy Callahan Posted October 6, 2023 Posted October 6, 2023 8 minutes ago, Joe Ferguson forever said: https://finance.yahoo.com/news/gas-prices-to-drop-like-wet-feathers-analyst-says-163343166.html Good news! If the global economy keeps contracting, deflationary factors will take place. people hate inflation. business and government hate deflation.
Joe Ferguson forever Posted October 6, 2023 Posted October 6, 2023 (edited) 9 minutes ago, Tommy Callahan said: If the global economy keeps contracting, deflationary factors will take place. people hate inflation. business and government hate deflation. I think govt's want interest rates to go down. T- Bills at recent record rate increasing cost of servicing debt. Edited October 6, 2023 by Joe Ferguson forever
Tommy Callahan Posted October 6, 2023 Posted October 6, 2023 3 minutes ago, Joe Ferguson forever said: I think govt's want interest rates to go down. T- Bills at recent record rate increasing cost of servicing debt. of course, they would, but that would drive inflation even worse.
Joe Ferguson forever Posted October 6, 2023 Posted October 6, 2023 21 minutes ago, Tommy Callahan said: of course, they would, but that would drive inflation even worse. so then, why would biz and gov't hate deflation or at least decreased inflation?
Joe Ferguson forever Posted October 6, 2023 Posted October 6, 2023 (edited) 20 minutes ago, Big Blitz said: wow. u must be watching fox. The trump economic advisor said the genesis of inflation was Biden spending 6 tril. Then mentioned that trump spent too much money too...his debate opponent just said home sales are up 30%, didn't give the term. But the trumper didn't rebut it. Edited October 6, 2023 by Joe Ferguson forever 1 1 1
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