Biden's foolish inflationary flooding of country with Billions is devaluing that same money so that...

[Libby von H]

So that the multi-billion pork barrels of late are too little money . THis result is in every major Economics textbook.
So your poor eduction, America, is going to cost you with unbelievable hardship

"
Treasury Secretary Janet Yellen said what truly matters is how much we’re paying in interest, and since it was only about $300 billion a year, everything was fine.

Welp. Two years later, debt interest payments have roughly doubled to $650 billion."

 

[Oddball]

Closer to $1 trillion.

 

[Libby von H]

So that the multi-billion pork barrels of late are too little money . THis result is in every major Economics textbook.
So your poor eduction, America, is going to cost you with unbelievable hardship

"
Treasury Secretary Janet Yellen said what truly matters is how much we’re paying in interest, and since it was only about $300 billion a year, everything was fine.

Welp. Two years later, debt interest payments have roughly doubled to $650 billion."

--And YOU aren't Janet. If she is utterly off, and BIden is utterly off, both will be dead when the Bear shows up

 

[Synthaholic]

Joe Biden is awesome!

 

[Synthaholic]

Republicans suck! They should go along with what Joe Biden wants.

 

[Crepitus]

So that the multi-billion pork barrels of late are too little money . THis result is in every major Economics textbook.
So your poor eduction, America, is going to cost you with unbelievable hardship

"
Treasury Secretary Janet Yellen said what truly matters is how much we’re paying in interest, and since it was only about $300 billion a year, everything was fine.

Welp. Two years later, debt interest payments have roughly doubled to $650 billion."

Inflation is pretty much over.

Try to keep up.

 

[1srelluc]

Inflation is pretty much over.

Try to keep up.

Are you a economist?

 

[jotathought]

Inflation is pretty much over.

Try to keep up.

The impacts of inflation have already occured as they have compounded costs and shrinkflation which doesn't go away (not to mention inflation is still up, just at lower rate). Please try to keep up.

 

[Libby von H]

The impacts of inflation have already occured as they have compounded costs and shrinkflation which doesn't go away (not to mention inflation is still up, just at lower rate). Please try to keep up.

Unlike you I am master of facts .

You are echoing Paul Krugman but he was bashed from all sides after he said that.
AND IT WAS MAYBE THE STUPIDEST AND MOST FOOLISH WAY TO SAY WHAT HE SAID ANYWAY

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

​

Business Insider's take was what most industry journals said​

Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy​

So you need a better cut-and-paste strategy

 

[Lakhota]

We are still trying to recover from the Trump holocaust. President Biden is doing a wonderful job!

 

[Oddball]

Unlike you I am master of facts .

You are echoing Paul Krugman but he was bashed from all sides after he said that.
AND IT WAS MAYBE THE STUPIDEST AND MOST FOOLISH WAY TO SAY WHAT HE SAID ANYWAY

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

​

Business Insider's take was what most industry journals said​

Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy​

So you need a better cut-and-paste strategy

 

[jotathought]

Unlike you I am master of facts .

You are echoing Paul Krugman but he was bashed from all sides after he said that.
AND IT WAS MAYBE THE STUPIDEST AND MOST FOOLISH WAY TO SAY WHAT HE SAID ANYWAY

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

​

Business Insider's take was what most industry journals said​

Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy​

So you need a better cut-and-paste strategy

Ahh .. not really. Inflationary prices on goods and services don't magically go away after inflation is under control. A $5.00 box of widgets that now costs $7.00 doesn't go back down to $5.00.

 

[jotathought]

We are still trying to recover from the Trump holocaust. President Biden is doing a wonderful job!

Then name the top 5 accomplishments of the Biden / Harris administration .. shoot .. make it 10.... should be pretty easy.

 

[Libby von H]

Ahh .. not really. Inflationary prices on goods and services don't magically go away after inflation is under control. A $5.00 box of widgets that now costs $7.00 doesn't go back down to $5.00.

and that is your boast !! Hear all of us laughing at you ???. You don't have children and big food billl and rent or mortgage , lucky you

 

[Foxfyre]

Inflation is pretty much over.

Try to keep up.

I just put a 7-lb turkey breast in the oven. The price tag on it was $28.00. For years that same turkey cost $10 to $12. You apparently don't do the grocery shopping in your family or even you would not say that 'inflation is pretty much over.'

 

[Libby von H]

I just put a 7-lb turkey breast in the oven. The price tag on it was $28.00. For years that same turkey cost $10 to $12. You apparently don't do the grocery shopping in your family or even you would not say that 'inflation is pretty much over.'

That poster is an utter fraud, he needs to get out in the world and SEE . I agree with you.

 

[LAUGHatLEFTISTS]

Republicans suck! They should go along with what Joe Biden wants.

Massive borrowing causes inflation so the leftists only answer is even more massive borrowing.
Leftism 101.

 

[jotathought]

and that is your boast !! Hear all of us laughing at you ???. You don't have children and big food billl and rent or mortgage , lucky you

Sounds more like idiocracy to me, as it is the ignorant boasting about inflation being over, while not understanding toll it has taken on the costs of goods and services (e.g. food, consumer goods, vehicles, mortgages, etc.).

 

[22lcidw]

We are still trying to recover from the Trump holocaust. President Biden is doing a wonderful job!

For the elites.

 

[Foxfyre]

We are still trying to recover from the Trump holocaust. President Biden is doing a wonderful job!

The Trump 'holocaust' as you call it--you are reprehensible to use that word, a word representing the murder of 6 millions Jews most especially now--produced the best economy for ALL Demographics that the vast majority of us had ever seen;

The linked article describes the benefits to the black community in particular, but ALL American demographics benefitted from the Trump economy. Individual and family incomes increased by thousands of dollars. Millions of hardcore unemployed were able to come off the sidelines and we saw historic unemployment numbers especially among minority groups.

Obama benefitted from the 2008 housing crash that created an immediate deep recession. You can't help but show improved numbers coming off that, but considering that 98% of all jobs created in the Obama years were temporary or part time jobs with little or no benefits, his record is pretty dismal.

Biden benefitted from an even deeper recession in 2020 due to the Pandemic when most of America was forced onto the unemployment lines and much of the economy was shut down for months, none of which was Trump's doing other than the original two week shut down which was a request, not a mandate. And a huge chunk of the increase in the national debt was also due to that as the Administration made every effort to minimize the damage to the people, poured resources into dealing with the pandemic, and ensured nobody would starve. In all four years inflation was very good.

Almost any enonomy, even as one as bad as Biden's, would look good coming up from that. Most especially when he takes credit for creating jobs when people were just going back to jobs that had been shut down because of the pandemnic,

Election 2020: A vote for Trump is a vote for economic progress for African Americans

Before the pandemic, African Americans were thriving economically. Looking ahead, Trump's promises are ambitious, but his track record is impressive.

www.usatoday.com