How much did you pay for gas and groceries today?

[Tommy Callahan]

9 minutes ago, Joe Ferguson forever 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.

the shadows on the wall are always that way.  its wise not to reply to a strawman.  

 

New and existing home sales are still down.

 

https://tradingeconomics.com/united-states/existing-home-sales

 

Existing-Home Sales (nar.realtor)

[Joe Ferguson forever]

26 minutes ago, Tommy Callahan said:

the shadows on the wall are always that way.  its wise not to reply to a strawman.  

 

New and existing home sales are still down.

 

https://tradingeconomics.com/united-states/existing-home-sales

 

Existing-Home Sales (nar.realtor)

not a straw man.  apparently a falsehood.  and the trump economic advisor was apparently unaware....

[Tommy Callahan]

3 minutes ago, Joe Ferguson forever said:

not a straw man.  apparently a falsehood.  and the trump economic advisor was apparently unaware....

pretty sure it was an attempt to pivot to another topic as the spending by both admins have drove this inflation.  on top of other issues.

 

 

[cle23]

On 7/13/2023 at 6:56 PM, Irv said:

 

No.  Rates were normal until Bindeflation ***** everything up.  You like paying more for everything?   Honestly, it's completely unbelievable somebody could be so brainwashed.   But it probably doesn't impact someone like you who takes handouts on the backs of the worker.  What a mess.        

 

Biden definitely made inflation worse, but the COVID rates of 2% on home loans were way lower than "normal."  Same with gas prices.  Gas fell to around $1.60 here during COVID, which was great, but also not "normal."  

 

Why is Trump never involved in the inflation talk?  He gave out more COVID money than Biden.  

[Tommy Callahan]

Depends on what shadows on the wall the person's  watching?

 

Maybe because people's personal economies were not struggling as bad as now?  

 

pure partisan ideology?

 

And at the end of the day, it's the house with the purse strings.

 

I don't have a solid opinion/answer though. just spit balling

Edited October 6, 2023 by Tommy Callahan

[Joe Ferguson forever]

45 minutes ago, cle23 said:

Why is Trump never involved in the inflation talk?  He gave out more COVID money than Biden.  

because it's another inconvenient truth.  apparently gas demand is steadily going down.  i've noticed i don't need to use my middle finger so much while driving...what is it with not using blinkers and having MAGA stickers?  there's a def correlation....

Edited October 6, 2023 by Joe Ferguson forever

[Tommy Callahan]

14 minutes ago, Joe Ferguson forever said:

because it's another inconvenient truth.  apparently gas demand is steadily going down.  i've noticed i don't need to use my middle finger so much while driving...what is it with not using blinkers and having MAGA stickers?  there's a def correlation....

Yea.  Global shipping has been trending down 

 

90% of the gas used domestically, is commercial trucking. 

 

Nice story though 

[Joe Ferguson forever]

5 minutes ago, Tommy Callahan said:

90% of the gas used domestically, is commercial trucking. 

link?  that would be good.  less people buying stuff on credit would bring down inflation, cool things off.

 

https://www.eia.gov/energyexplained/gasoline/use-of-gasoline.php

 

 

 

"Light-duty vehicles (cars, sport utility vehicles, and small trucks) account for about 91% of all gasoline consumption in the United States.2"

good story tho....

Edited October 6, 2023 by Joe Ferguson forever

[All_Pro_Bills]

8 minutes ago, Joe Ferguson forever said:

link?  that would be good.  less people buying stuff on credit would bring down inflation, cool things off.

Consumer credit numbers.

 

https://www.federalreserve.gov/releases/g19/current/default.htm

 

Gasoline and Diesel stats (click a box to view)

 

https://www.eia.gov/dnav/pet/pet_sum_mkt_dcu_nus_m.htm

Edited October 6, 2023 by All_Pro_Bills

[Joe Ferguson forever]

2 minutes ago, All_Pro_Bills said:

Consumer credit numbers.

 

https://www.federalreserve.gov/releases/g19/current/default.htm

 

Gasoline and Diesel stats

 

https://www.eia.gov/dnav/pet/pet_sum_mkt_dcu_nus_m.htm

yeah, i don't want to download to excel.  he said gas, not diesel....

 

so people are borrowing more and gas prices are predicted to drop 25-50 cents in the relative short term.  Not in part due to dec demand as my linked yahoo finance piece stated?

[All_Pro_Bills]

6 minutes ago, Joe Ferguson forever said:

yeah, i don't want to download to excel.  he said gas, not diesel....

 

so people are borrowing more and gas prices are predicted to drop 25-50 cents in the relative short term.  Not in part due to dec demand as my linked yahoo finance piece stated?

Yup.  There's typically a seasonal decrease in demand after Labor Day which begins to increase with Thanksgiving travel and the December and New Years holidays and then drops off again until Spring.  If there's something more like an economic slowdown or a big hit on demand from prices that could be part of it.

 

My first job after college was as a statistician where one of the things our team ran was energy demand forecasting models.  We gather traffic volume stats, several types of data series, developed coefficients of demand to create the model and then ran forecasts a year out.  It was pretty accurate in both actual demand and identifying shifting demand patterns throughout the State over the course of the year.    

 

 

[Doc]

11 hours ago, Joe Ferguson forever said:

https://finance.yahoo.com/news/gas-prices-to-drop-like-wet-feathers-analyst-says-163343166.html

 

Good news!

 

No doubt it will be transitory...

[John from Riverside]

14 hours ago, Tommy Callahan said:

Yea.  Global shipping has been trending down 

 

90% of the gas used domestically, is commercial trucking. 

 

Nice story though 

In all honesty, I have never seen a vehicle that was decked out in MAGA. They could drive worth a ***** they seriously drive with an I don’t give a ***** attitude about anybody on this road but me

[Buffarukus]

17 hours ago, cle23 said:

 

Biden definitely made inflation worse, but the COVID rates of 2% on home loans were way lower than "normal."  Same with gas prices.  Gas fell to around $1.60 here during COVID, which was great, but also not "normal."  

 

Why is Trump never involved in the inflation talk?  He gave out more COVID money than Biden.  

 

When it comes to covid I think because one was during time of genuine unknown and the other was dragged on and on and on when every metric gave clear answer that the lockdown/close down/ punish the unvaxed strategy to "defeat the virus" was complete bs destruction of the US dollar just to achieve political divsion. 

 

 

[Joe Ferguson forever]

6 minutes ago, Buffarukus said:

 

When it comes to covid I think because one was during time of genuine unknown and the other was dragged on and on and on when every metric gave clear answer that the lockdown/close down/ punish the unvaxed strategy to "defeat the virus" was complete bs destruction of the US dollar just to achieve political divsion. 

 

 

Wow.  what a huge and very "successful" conspiracy covid was.  And who was president when it began?

[Orlando Buffalo]

19 hours ago, Joe Ferguson forever said:

not a straw man.  apparently a falsehood.  and the trump economic advisor was apparently unaware....

And you are literally defending the person who presented the lie, while denigrating the person who was not sure 

[Joe Ferguson forever]

2 minutes ago, Orlando Tim said:

And you are literally defending the person who presented the lie, while denigrating the person who was not sure 

c'mon.  they're both talking heads.  But they should both know their stuff.  Apparently neither did which is not good.  Fox needs better "analysts" as if that's surprising.  But good to see a con out to play this am.....NPR and PBS have excellent experts from both sides if you're looking for a change.

Edited October 7, 2023 by Joe Ferguson forever

[Buffarukus]

2 hours ago, Joe Ferguson forever said:

Wow.  what a huge and very "successful" conspiracy covid was.  And who was president when it began?

 

As usual i have no clue what your post has to do with my point besides help it.

 

Covid was not a conspiracy. It started in china with the help from american taxpayers funding a illegal gain of function experiments that were in place long before and long after trump.

 

Im not sure who was in charge at the time of patient zero other then a childish expectation to blame one singular man purely on political bias for somthing that did not even happen in the country he was in charge of.

 

But if the expectation is he could of insulated america from the virus that effected the rest of the world i would start with his travel ban from asia the idiot liberals decided was based on race...SHOCKED and not in attempt to prevent spread. That would be the only real way to not be the 'president when it began"

 

Now if youd like to reply to the actual subject about differences in damage caused by the two administration based on information available and effectivness by all means you can start at anytime. 

 

Idiots wore glovebox paper on their faces when mult studies showed it did nothing. Idiots demanded a economy remain closed when every fact showed we ALL were going to get it and its leathality was no cause to do anything but protect the most vulnerable and open states saw no difference in deaths. Idiots demanded vax be mandated while natural immunity was completely ignored and pharma was..and still is given complete immunity. 

 

I could go on but i dont think this is or will become a sincere discussion. But i challenge you to give the trump administration/ republican idiocy for contrast. 

[Joe Ferguson forever]

22 minutes ago, Buffarukus said:

 

As usual i have no clue what your post has to do with my point besides help it.

 

Covid was not a conspiracy. It started in china with the help from american taxpayers funding a illegal gain of function experiments that were in place long before and long after trump.

 

Im not sure who was in charge at the time of patient zero other then a childish expectation to blame one singular man purely on political bias for somthing that did not even happen in the country he was in charge of.

 

But if the expectation is he could of insulated america from the virus that effected the rest of the world i would start with his travel ban from asia the idiot liberals decided was based on race...SHOCKED and not in attempt to prevent spread. That would be the only real way to not be the 'president when it began"

 

Now if youd like to reply to the actual subject about differences in damage caused by the two administration based on information available and effectivness by all means you can start at anytime. 

 

Idiots wore glovebox paper on their faces when mult studies showed it did nothing. Idiots demanded a economy remain closed when every fact showed we ALL were going to get it and its leathality was no cause to do anything but protect the most vulnerable and open states saw no difference in deaths. Idiots demanded vax be mandated while natural immunity was completely ignored and pharma was..and still is given complete immunity. 

 

I could go on but i dont think this is or will become a sincere discussion. But i challenge you to give the trump administration/ republican idiocy for contrast. 

next time you have surgery, ask the entire OR team to remove their masks and cough on your wound.....

 

I was responding to this:

 

defeat the virus" was complete bs destruction of the US dollar just to achieve political divsion.   sounds like a conspiracy theory to me. which is of course, nuts....

 

Edited October 7, 2023 by Joe Ferguson forever

[Buffarukus]

15 minutes ago, Joe Ferguson forever said:

next time you have surgery, ask the entire OR team to remove their masks and cough on your wound.....

 

I was responding to this:

 

defeat the virus" was complete bs destruction of the US dollar just to achieve political divsion.   sounds like a conspiracy theory to me. which is of course, nuts....

 

 

You claim to be a doctor and dont know the difference between n95 grade mask and intense sanitation standards are required and what idiots who walked around carring rags on their face they pull out their pocket declared was prevention of spread? 

 

If a doctor does surgery on me and says hold on i left my mask and gloves in my glovebox from the last one. I think your getting a serious infection either way. 

 

Lets not pretend the democrats demanded any type of authentic prevention methods for saftey. Im sure they were laughing at all their followers that were saran wrapping their heads  as they sipped wine at the multiple events they were caught...gulp MASKLESS!