US Economy: Consumer Prices Up 5%, 17-Year High

Discussion in 'Economy' started by Manuel, Jul 16, 2008.

  1. Manuel
    Offline

    Manuel *****

    Joined:
    Jan 7, 2008
    Messages:
    301
    Thanks Received:
    21
    Trophy Points:
    16
    Location:
    Sydney
    Ratings:
    +22
    Bloomberg.com: Economy
     
  2. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,547
    Thanks Received:
    4,854
    Trophy Points:
    1,130
    Ratings:
    +15,393
    They're up higher than 5%.

    Does anyone really need the government to spoon feed us their skewed numbers, when you can just go out and shop, and find out for yourself how much higher the prices are?
     
  3. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    Inflation is an invisible tax. Bush increased taxes by the largest amount in history with his deficit spending which created this inflation. Now the chickens are coming home to roost. Stupid Republicans.
     
  4. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,547
    Thanks Received:
    4,854
    Trophy Points:
    1,130
    Ratings:
    +15,393
    No, stupid you for thinking it has anything to do with any one party.
     
  5. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    Reagan and Bush are responsible for 90% of the National Debt....

    ReaganBushDebt.org
     
  6. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,547
    Thanks Received:
    4,854
    Trophy Points:
    1,130
    Ratings:
    +15,393
    I'll be the first one to lay blame on a president for signing a deficit budget into law, but you can't stick the president with all the blame and let congress skate. Reagan had a dem congress, btw.
     
  7. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,764
    Thanks Received:
    11,054
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,088
    I think we're going to start worrying about deflation soon.
     
  8. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,547
    Thanks Received:
    4,854
    Trophy Points:
    1,130
    Ratings:
    +15,393
    You know, I kind of do too, but what's that going to accomplish? Kill us all here at home so our Dollar holders overseas don't feel compelled to send those Dollars back here?

    The only way that would be a good idea, is if they just do it, get it over with, get the pain over with here at home, and NEVER DO THAT KIND OF SHIT AGAIN. Deflate the supply, and start treating the Dollar properly.

    Of course, what good would ANY of it do if we're still going to be nation building?
     
  9. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199

    Paulie, there you go again with irrational comments. Any time the FED buys our bonds and notes from overseas countries we are decreasing the interest payments that we are making. That is a good thing. You simply do not have enough intelligence to understand why.
     

Share This Page