Inflation, inflation, inflation!!!!!!!!!!!!!!!!!!!

[Markle]

It was as high as 16% in 2020 for Trump.

The inflation for the last year was 3.4%. As long as we have a strong economy, I don't think it is going to get to 2%

Prove it or admit you're lying.

 

[Markle]

Additionally large employees like McDonalds have their own minimum wage increases to $15+ and even those do not have minimum wage have had a lot of difficulties finding employees for less than $15 an hour.

Why are you ignoring my simple question? Here, try again. What is the typical household income where one worker is making minimum wage?

So, when the minimum wage at fast food joints goes up to $20.00, what happens to the employee who was making $20.00?

 

[AntonToo]

Why are you ignoring my simple question? Here, try again. What is the typical household income where one worker is making minimum wage?

So, when the minimum wage at fast food joints goes up to $20.00, what happens to the employee who was making $20.00?

LOOK UP YOUR OBSCURE REQUESTS YOURSELF Crazy idea right?

No one ever said that everyone benefits from minimum wage increases, but definetly it helps many in the lowest income quintile.

CBO analysis confirms that a $15 minimum wage raises earnings of low-wage workers, reduces inequality, and has significant and direct fiscal effects: Large progressive redistribution of income caused by higher minimum wage leads to significant and cr

This post has been revised slightly as of February 12. Specifically, it refers only to a literature review by Dube (2019) on the employment effects of the minimum wage on the low-wage workforce. It also does not specifically quantify the influence that employment effect assumptions have on the...

www.epi.org

 

[Lesh]

Isn't 3.5% inflation 175% higher than what actual economists consider "normal" and safe? That being 2%.

The difference between 2% and 3.5% inflation is minimal

And please quote these economists claiming 2% being normal

 

[Markle]

The difference between 2% and 3.5% inflation is minimal

And please quote these economists claiming 2% being normal

To you, 175% higher is...minimal. How cute!

Why does the Federal Reserve aim for inflation of 2 percent over the longer run?

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

 

[Lesh]

To you, 175% higher is...minimal. How cute!

Why does the Federal Reserve aim for inflation of 2 percent over the longer run?

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

If something cost a penny and then it costs 2cents

That’s a 100% increase. How much does that matter?

Again 2-3% is “normal”

And 3.5% is just slightly higher

 

[Moonglow]

My income just inflated with a fat raise

 

[Markle]

If something cost a penny and then it costs 2cents

That’s a 100% increase. How much does that matter?

Again 2-3% is “normal”

And 3.5% is just slightly higher

 

[Lesh]

Sure buddy.

Surrender accepted

 

[Ringo]

Some people have already realized that the state does not have its own money - it just arbitrarily disposes of people's money.
It's only a small thing left to realize that business doesn't have it either - it simply disposes of what it has stolen from the workers.

 

[sealybobo]

Biden’s ‘less is more’ mantra demands sacrifice only from average Americans | Blaze Media

The Biden administration can’t escape the blame for higher prices. And that’s why it must try to redirect voters’ anger.

www.theblaze.com

Did I mention inflation?

View attachment 931000

It will only get worse until the country enters stagflation, but the Progressive agenda is more important.

Here are the ways the DNC is making the working class want to kill themselves.

But the liberal “shrinkflation” agenda is more than just higher prices. We’re seeing a whole-of-government approach to increasing our misery coming out of the Biden administration by forcing average Americans to sacrifice their quality of life and comfort for the progressive agenda.

It’s not only the Biden administration demanding that we expect less. It is working to deliver less. Here are just a few examples:

• Appliances, NPR warns, are becoming a “culture war target” because they don’t actually work well under Biden administration policies. The truth, according to Fox News, is that “recent energy regulations proposed or finalized by the Biden administration would, on average, make water heaters cost $2,800 more, gas stoves as much as $3,250 more expensive, air conditioners $1,100 more expensive, and gas furnaces nearly $500 more expensive.” And consumer groups point out that the new appliances “are often less effective than their predecessors.”
• Love your truck? Don’t get too attached. As the Wall Street Journal’s Kimberly Strassel warns, “Biden is coming for your truck.” But Americans know that “no Tesla is going to function in the bitter cold of a Wisconsin or Alaska winter; no Ford Lightning will manage the work of a Montana ranch or a Kansas farm.”
• And finally, what’s up with the bugs? Why are the elites so obsessed with normalizing “insect protein” while finding ways to backdoor ban steaks and seafood for the rest of us?

https://oversight.house.gov/wp-content/uploads/2023/03/inflation_testimony_mkonczal_current.pdf

When trump was asked how he would fix inflation all he said was drill baby drill. What an idiot. He has no clue

 

[sealybobo]

Reminds me of you guys saying trump was great when in 2019 he only had 2.3% gdp and Obama was horrible for 2.2

What happened to 4, 5, 6% trump promised?

 

[Woodznutz]

https://oversight.house.gov/wp-content/uploads/2023/03/inflation_testimony_mkonczal_current.pdf

When trump was asked how he would fix inflation all he said was drill baby drill. What an idiot. He has no clue

If more domestically produced energy lowers energy costs it will help reduce inflation. High energy costs raise the prices of just about everything.

 

[sealybobo]

If more domestically produced energy lowers energy costs it will help reduce inflation. High energy costs raise the prices of just about everything.

The country’s current “inflationary spiral” can also be traced back to COVID-19, Maher said, describing the trillions of dollars the government issued throughout the pandemic. This, he noted, should not be pinned on President Joe Biden, but his predecessor, former President Donald Trump.

“We’re going to bring back Trump?” he asked. “The guy who ignored COVID like it was the dinner check? Talk about not learning anything.”

 

[sealybobo]

If more domestically produced energy lowers energy costs it will help reduce inflation. High energy costs raise the prices of just about everything.

And I know you will blow off bill Maher so

Ron DeSantis and Chris Christie Call Out Trump for Adding to Federal Debt​

"He owes it to you to defend his record where they added $7.8 trillion to the debt that set the stage for the inflation that we have."​

 

[Woodznutz]

And I know you will blow off bill Maher so

Ron DeSantis and Chris Christie Call Out Trump for Adding to Federal Debt​

"He owes it to you to defend his record where they added $7.8 trillion to the debt that set the stage for the inflation that we have."​

Maher has some good points. Funny as hell as well.

 

[Woodznutz]

The country’s current “inflationary spiral” can also be traced back to COVID-19, Maher said, describing the trillions of dollars the government issued throughout the pandemic. This, he noted, should not be pinned on President Joe Biden, but his predecessor, former President Donald Trump.

“We’re going to bring back Trump?” he asked. “The guy who ignored COVID like it was the dinner check? Talk about not learning anything.”

Deficit spending is actually necessary to make up for all the money that leaves the economy. Sadly, we borrow it instead of just printing it. We also overdo it a bit.

 

[Woodznutz]

The country’s current “inflationary spiral” can also be traced back to COVID-19, Maher said, describing the trillions of dollars the government issued throughout the pandemic. This, he noted, should not be pinned on President Joe Biden, but his predecessor, former President Donald Trump.

“We’re going to bring back Trump?” he asked. “The guy who ignored COVID like it was the dinner check? Talk about not learning anything.”

Trump thought it was a bad idea to shut the whole country down. History has proven him right so far.

 

[citygator]

If more domestically produced energy lowers energy costs it will help reduce inflation. High energy costs raise the prices of just about everything.

We are already producing record amounts. You can’t produce enough to offset OPEC cuts. Plus energy prices are a very small part of inflation. Most inflation is Housing. How will a little more oil help housing prices?

 

[initforme]

The only way to lower it is more workers retiring soon.