Inflation As A Gauge

[PoliticalChic]

1. An amazing job, the Democrats have done with the economy....
No...you don't really think the dunce Biden came up with any of the policies, do you????
It's Democrat policy, and we can all see the result.


2.The inflation rate in Trump's last year....1.4%

US Inflation Rate by Year: 1929-2023​

The U.S. inflation rate by year is the percentage of change in prices from one year to the next. It responds to business cycle phases and interest rates.

www.thebalance.com




3. The reported inflation rate is 8.3-8.6%
But you know that Democrats lie about everything......it's at least 50% higher.




4. Wondering how easily anyone can afford it, there is this joke...

A Jewish man gets hit by a car...​

in the back of the ambulance on the way to the hospital the paramedic asks "are you comfortable?"
the Jewish man shrugs. "I make a living."




5....and there is this story of guys who could afford it no sweat...
Here's "rich."

“There's a great story about Rodgers and Hammerstein in London in ... “They walked through Berkeley Square on their way to lunch in some swank restaurant in Mayfair. They passed this Rolls-Royce dealer and there were two identical white ...Rolls-Royces in the window.
A couple of hours later, as they strolled back through the square, they went into the showroom for a better look. They decided to buy the two Rolls. Hammerstein reached into his pocket for his checkbook, but Rodgers said, 'No, no, let me get these. You got lunch."
Michael Sloan, "The Equilizer," p.471-2

That's rich.

 

[Mac1958]

Back in Normal World, in chronological order...

1. Trillions and trillions and trillions in stimulus are pumped into the economy since 2009
2. An extra $2T trillion poured into the system to save short term credit markets in 2019
3. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation
4. COVID hits and the economy falls into complete structural disarray
5. COVID subsides
6. Demand explodes globally coming out of the COVID lockdowns
7. Supply chains immediately collapse worldwide
8. Inflation hits and quickly compounds on itself with supply chains paralyzed
9. The Fed waits far too long (maybe 6 to 8 months) to gradually control the inflation

Now, back our regularly scheduled ignorant, hyper-partisan, one-sided talking points.

 

[PoliticalChic]

Back in Normal World, in chronological order...

1. Trillions and trillions and trillions in stimulus are pumped into the economy since 2009
2. An extra $2T trillion poured into the system to save short term credit markets in 2019
3. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation
4. COVID hits and the economy falls into complete structural disarray
5. COVID subsides
6. Demand explodes globally coming out of the COVID lockdowns
7. Supply chains immediately collapse worldwide
8. Inflation hits and quickly compounds on itself with supply chains paralyzed
9. The Fed waits far too long (maybe 6 to 8 months) to gradually control the inflation

Now, back our regularly scheduled ignorant, hyper-partisan, one-sided talking points.

Is your alleged point that the Democrats are doing a superb job??????

Soooo......who do we believe.....you or our lyin' eyes????


BTW......who'd you vote for?

 

[PoliticalChic]

Is your alleged point that the Democrats are doing a superb job??????







Soooo......who do we believe.....you or our lyin' eyes????


BTW......who'd you vote for?

Gee.....he doesn't want to reveal who he voted for......

Hmmmmm......

 

[PoliticalChic]

What if you find that based on Federal taxes, state taxes, local taxes, sales tax, parking fees, license fees, speed cameras, hidden taxes of all sorts......
.......amounted to more than half your income at least?

Have we reached slavery????
Or just serfdom?




Did you see this recent headline?

Top earning New Yorkers could face 61.2% combined tax rate ...
https://www.cnbc.com › 2021/09/13 › top-earning-new...

6 days ago — Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate · The proposals include a 3% surtax ...




Do you realize that that doesn't include the Democrat's inflation?????

 

[PoliticalChic]

 

[Damaged Eagle]

My income recently more than doubled so I can continue living the way I have for years.

(Depressed>) Yippy Skippy! Let's go Brandon!!!

*****SMILE*****

 

[PoliticalChic]

 

[alang1216]

What if you find that based on Federal taxes, state taxes, local taxes, sales tax, parking fees, license fees, speed cameras, hidden taxes of all sorts......
.......amounted to more than half your income at least?

Have we reached slavery????
Or just serfdom?




Did you see this recent headline?

Top earning New Yorkers could face 61.2% combined tax rate ...
https://www.cnbc.com › 2021/09/13 › top-earning-new...

6 days ago — Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate · The proposals include a 3% surtax ...




Do you realize that that doesn't include the Democrat's inflation?????

For some perspective: What was the income tax rate in US history?

In 1944, the top rate peaked at 94 percent on taxable income over $200,000 ($2.5 million in today's dollars)

Earned income was subject to maximum marginal rates of 60 percent in 1971 and 50 percent from 1972 through 1981. Includes surcharge of 7.5 percent in 1968, 10 percent in 1969, and 2.6 percent in 1970.

 

[PoliticalChic]

For some perspective: What was the income tax rate in US history?

In 1944, the top rate peaked at 94 percent on taxable income over $200,000 ($2.5 million in today's dollars)

Earned income was subject to maximum marginal rates of 60 percent in 1971 and 50 percent from 1972 through 1981. Includes surcharge of 7.5 percent in 1968, 10 percent in 1969, and 2.6 percent in 1970.

For perspective, who'd you vote for, so we can parcel the blame?

 

[alang1216]

For perspective, who'd you vote for, so we can parcel the blame?

I voted against Trump. If you listen to the 1/6 hearings you would thank me for saving our democracy.

 

[PoliticalChic]

I voted against Trump. If you listen to the 1/6 hearings you would thank me for saving our democracy.

You voted for the policies that gave us this inflation.

 

[iamwhatiseem]

Back in Normal World, in chronological order...

1. Trillions and trillions and trillions in stimulus are pumped into the economy since 2009
2. An extra $2T trillion poured into the system to save short term credit markets in 2019
3. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation
4. COVID hits and the economy falls into complete structural disarray
5. COVID subsides
6. Demand explodes globally coming out of the COVID lockdowns
7. Supply chains immediately collapse worldwide
8. Inflation hits and quickly compounds on itself with supply chains paralyzed
9. The Fed waits far too long (maybe 6 to 8 months) to gradually control the inflation

Now, back our regularly scheduled ignorant, hyper-partisan, one-sided talking points.

Close..

1. Trillions and trillions and trillions in stimulus are pumped into the economy from 2009 - 2014... by the Obama administration. Meanwhile over 2,000,000 people lost their homes while the companies that owned their mortgages were bailed out 100%, including projected profits. Which is why in 2009, numerous investment bank executives got record bonuses.
2. An extra $2T trillion poured into the system to save short term credit markets in 2019 - uh... that was 2020.
3. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation
4. COVID hits and the economy falls into complete structural disarray -- primarily due to the fact America depends heavily on foreign raw materials and critical goods. So the investor class can make more $$.
5. COVID subsides - uh... you didn't mention the Biden admin giving away $3 trillion in free money during a supply crises.
6. Demand explodes globally coming out of the COVID lockdowns - yeah... because of the free Covid giveaways.
7. Supply chains immediately collapse worldwide - because of run on goods because free money was everywhere, and people didn't even have to pay their rent.
8. Inflation hits and quickly compounds on itself with supply chains paralyzed -- the supply chain is not as much of a problem now, the problem now is shortages of raw materials and critical goods, that again, we depend on China/India/Pakistan/Korea etc. They are taking care of themselves first.
9. The Fed waits far too long (maybe 6 to 8 months) to gradually control the inflation

 

[PoliticalChic]

Poll: Nearly 60% of U.S. Manufacturers See Inflation Leading to Recession​

Almost six in ten American manufacturers believe ongoing inflation will lead to a recession in the United States, a new survey from the National Association of Manufacturers (NAM) finds.

Inflation under President Joe Biden soared to 8.6 percent last month — the highest in 41 years — and American manufacturers are expressing a gloomy outlook over the next year for the United States economy.

In the latest NAM survey, more than 59 percent of American manufacturers said they believe inflation is likely to spur a recession in the United States. About 52 percent said they do not believe the Federal Reserve will be able to avert a recession.
Likewise, American manufacturers expect raw material costs to rise 6.9 percent and prices for their products to go up 5.9 percent over the next year. About 75 percent said inflation was worse today than it was six months ago and more than 53 percent suggested the higher prices are making it harder for them to remain competitive and profitable.

On United States–China free trade, more than 88 percent of American manufacturers said it is important for the federal government to support domestic manufacturing — including almost six in ten manufacturers who called such an effort “very important.”

Poll: Nearly 60% of U.S. Manufacturers See Inflation Leading to Recession

Almost 6 in 10 American manufacturers believe ongoing inflation will lead to a recession in the United States, a new survey finds.

www.breitbart.com

 

[PoliticalChic]

 

[alang1216]

You voted for the policies that gave us this inflation.


View attachment 658831

I voted against these policies:

 

[PoliticalChic]

I voted against these policies:

No, you moron.......you voted for these:

"Here is the list of Biden’s proposals, drawn from the transcript of the president’s press conference:

Abolish immigration detention. No more detention. You come in here illegally, no more detention.

Stop all deportation.

End prosecution of illegal border crossers.

Support the deadly sanctuary cities.

Incentivize illegal-alien child smuggling.

Expand asylum for all new illegal aliens.

Cancel all asylum cooperation agreements with Honduras, Guatemala, with El Salvador.

Taxpayer-funded lawyers will be given to all illegal aliens.

Abolish immigration enforcement against illegal workers.

Restore Catch and Release policies for illegals.

Grant work permits for illegal aliens.

Provide taxpayer subsidies and welfare for illegal aliens and new immigrants.

Federal Student Aid and free community college for illegal aliens.

Sign new immigrants up for welfare immediately.

End requirement for immigrants’ self-sufficiency and maximize their welfare.

End all travel bans, including from jihadist regions.

Grant mass amnesty.

Vastly expand low-skilled immigration to the United States.

Increase refugee admissions by 700 percent.

Abolish law enforcement as we know it.

End cash bail.

Abolish completely the death penalty.

Appoint social justice prosecutors in order to free violent criminals.

End mandatory minimums.

Incentivize prison closure.

End solitary confinement.

Free federal housing for former inmates.

Rejoin Paris Climate Accord.

Mandate net-zero carbon emissions for homes, offices, and all new buildings by 2030.

Mandate zero carbon emissions from power plants by 2035.

Mandate net-zero carbon emissions by 2050.

Mandate all 500,000 school buses and all 3 million government vehicles be changed to zero-emission vehicles within five years.

Install 500,000 taxpayer-funded charging stations nationwide.

End school choice.

End tax credit scholarships serving disadvantaged students in 26 states.

Oppose 14 million Americans with education savings accounts and get rid of school choice, having to do with school choice.

Eliminate school choice in Washington, D.C.

Abolish all charter schools.

Ban funding for charter schools in poor neighborhoods.

Abolish educational standards.

Abolish the suburbs with AFFH regulations.

They’re going to rip down the wall."

​

President Trump’s List of 42 Disastrous Things Joe Biden Would Do as President - Geller Report News

President Trump outlines Joe Biden's agenda that will destroy America. The choice could not be clearer in November.

gellerreport.com

 

[PoliticalChic]

 

[alang1216]

President Trump’s List of 42 Disastrous Things Joe Biden Would Do as President - Geller Report News

I see you get your information from the only person in the country who is a bigger liar and even more partisan than you are. I think your credibility has now sunk into negative numbers.

 

[PoliticalChic]

I see you get your information from the only person in the country who is a bigger liar and even more partisan than you are. I think your credibility has now sunk into negative numbers.

Credibility???



Who'd you vote for????