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US Inflation Jumped 8.5% in Past Year, Highest Since 1981

jonny5 said:
Well the good news is election in 6 months. If the democrats lose the majority, then we can at least have some obstruction again to keep all this new spending from going forward. Biden just proposed another 10 trillion in debt so that needs to be stopped.
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If Dems lose in Nov, there will be no legislation.

The right's goals will be:

Impeach Biden
Impeach Harris
Endless committees on Hunter Biden
Endless committees on Hillary Clinton
Endless committees on Dr. Fauci

The average American will not get to see any relief from high prices and inflation. The right will be too obsessed with revenge that their slogan will be "**** you America, we have to avenge our hero and idol, Donald Trump."
 
Conservative said:
This is exactly what happens when you put a person in office and others in power over a private sector economy that has no private sector experience or understanding of what happens when you throw gasoline on to a fire in the form of taxpayer funded stimulus that went to a returning job market and recovering economy. That spending boosted demand and spending while not addressing supply.
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Your reply is exactly what happens when you don't have a clue about what is causing inflation world-wide.
 
dockside said:
Your reply is exactly what happens when you don't have a clue about what is causing inflation world-wide.
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I think he sits by AM Radio all day and night and repeats exactly what he hears.
AM radio would never discuss world-wide inflation and its effects on America. Its too complicated (for them and their listeners).
 
NuffSaid said:
If Dems lose in Nov, there will be no legislation.

The right's goals will be:

Impeach Biden
Impeach Harris
Endless committees on Hunter Biden
Endless committees on Hillary Clinton
Endless committees on Dr. Fauci

The average American will not get to see any relief from high prices and inflation. The right will be too obsessed with revenge that their slogan will be "**** you America, we have to avenge our hero and idol, Donald Trump."
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and they will put ALL the blame on Biden.
Have a nice day
 
ttwtt78640 said:
Maybe, but assuming that current inflation is largely pandemic related it is likely not to have much to do with the default currency.
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True, but it does matter how the US recovered from recession. We are largely upstream from world inflation because we control the world trade currency.
 
NuffSaid said:
If Dems lose in Nov, there will be no legislation.

The right's goals will be:

Impeach Biden
Impeach Harris
Endless committees on Hunter Biden
Endless committees on Hillary Clinton
Endless committees on Dr. Fauci

The average American will not get to see any relief from high prices and inflation. The right will be too obsessed with revenge that their slogan will be "**** you America, we have to avenge our hero and idol, Donald Trump."
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You mean the right will follow the left's model during the Trump administration?
 
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natman said:
You mean the right will follow the left's model during the Trump administration?
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The left passed legislation during their 2 years as majority from 2019-2021.

The right will do no such thing. They are hell bent on kissing Trump's ass. And that means endless investigations.
 
natman said:
You mean the right will follow the left's model during the Trump administration?
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more like their own model from back when Obama was in office
Remember we will do everything we can to make Obama a one term President
wasn't that McConnell and as we can see they didn't do anything that helped the People of the US
Have a nice day
 
NatMorton said:
Another attempt at pre-event damage control.

Hey, recessions happen. I know we've been in complete control of Washington for the last two years, but gosh, it's not our fiscal policies' fault. Really ...
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Does this mean you acknowledge that the trump recession and the Bush recession (both of them) and so on were all republicans' faults?
 
dockside said:
Your reply is exactly what happens when you don't have a clue about what is causing inflation world-wide.
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What I do recognize are the excuses you make for poor economic policies that led to the inflation in this country, worldwide economies have very little to do with the U.S. economy but massive gov't spending like is done in those world wide economies certainly do. Talking about someone who doesn't have a clue about economics and the components of GDP look in the mirror
 
Gateman_Wen said:
Does this mean you acknowledge that the trump recession and the Bush recession (both of them) and so on were all republicans' faults?
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Trump, no, but yes, both the Republicans and Democrats had a hand in creating the mortgage bubble.
 
Gateman_Wen said:
Does this mean you acknowledge that the trump recession and the Bush recession (both of them) and so on were all republicans' faults?
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What Trump recession, you mean the pandemic created recession? Oh by the way what was the inflation rate during 2020 under Trump, what was it under Biden in 2021 and this year? you cannot seem to accept responsibility for the left economic policies that generated the inflation in 2021
 
jonny5 said:
Well the good news is election in 6 months. If the democrats lose the majority, then we can at least have some obstruction again to keep all this new spending from going forward. Biden just proposed another 10 trillion in debt so that needs to be stopped.
Click to expand...

Inflation is a result of the economics disruptions caused by Covid. It us a world event.

Why do so few understand these basics?

Christ
 
noonereal said:
Inflation is a result of the economics disruptions caused by Covid. It us a world event.

Why do so few understand these basics?

Christ
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Because we also understand it was exacerbated by the Fed and federal government increasing the money supply by over 40%.
 
Conservative said:
What Trump recession, you mean the pandemic created recession? Oh by the way what was the inflation rate during 2020 under Trump, what was it under Biden in 2021 and this year? you cannot seem to accept responsibility for the left economic policies that generated the inflation in 2021
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And another one leaps to the republican defense.
 
NatMorton said:
Because we also understand it was exacerbated by the Fed and federal government increasing the money supply by over 40%.
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Oh, trumps tax cut. That is not what is driving this.

That is partisan nonsense.

Our national inflation rate is the same as the global inflation rate.
 
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