Biden and the Dems are harming the hard-working middle class

[Not a Monkeys Uncle]

But Biden is making it worse with his giveaway policies. You don’t print money during a period of high inflation, and weaken the value of the dollar further.


Inflation is the highest in 40 years, and that rate is an average. It’s up over 40% for gas, and double-digits for beef, eggs, milk, and more. It’s hitting the middle class HARD, but you socialists only care about elevating the low-income. If it comes at the expense of middle income, you like it - that’s equity!

Yes, and the lack of supplies combined with handing people money is inflation. And one of the big reasons we have a lack of supplies is the labor shortage, which Biden is also making worse. Let the truckers deliver our goods without demanding they by vaxxed! He’s letting in the illegals without THEIR being vaxxed!

Smokin' DOPEY does not have a clue

 

[Lisa558]

Smokin' DOPEY does not have a clue

None of these “let‘s hand out money to everyone who could use some “ idealists have a clue. They remind me of what I was like in junior high, when I thought we should just provide whatever to whomever. By the time I was 13 or 14, I understood that ”free stuff” comes out a cost to others. So I figure Smokin’ Dopey is either a kid, or has the mindset of one.

 

[FA_Q2]

What part don't you get?
Lack of supplies, products, and services are more expensive.
Abundant supplies, products, and services are less expensive.

Hence: INFLATION.

And injecting more money into a supply constrained system is not increasing inflation now?

Why did you leave that little detail out?

 

[Oldestyle]

How?
Inflation is a worldwide issue.

7% isn't "roaring"?


What part don't you get?
Lack of supplies, products, and services are more expensive.
Abundant supplies, products, and services are less expensive.

Hence: INFLATION.

You obviously never took Economics in college. Flooding an economy with money almost always leads to inflation. You've got more more money competing for fewer things. It doesn't take a rocket scientist to figure out the outcome!

You gonna disagree with that post of mine as well?

 

[Oldestyle]

How?
Inflation is a worldwide issue.

7% isn't "roaring"?


What part don't you get?
Lack of supplies, products, and services are more expensive.
Abundant supplies, products, and services are less expensive.

Hence: INFLATION.

Kindly explain why in a situation where you have a lack of products and services because of a pandemic you would think that pumping Trillions of dollars in stimulus into an economy that is already cash rich and product lacking, would make sense?

 

[Nuthin' Fancy]

And injecting more money into a supply constrained system is not increasing inflation now?

Why did you leave that little detail out?

Way down on the list of causes for inflation.
Are ALL the countries in the world injecting more $$$ than usual, into their economies?

February 2 2022
OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday there was uncertainty about how quickly inflation would come back down into the central bank's comfort zone, due to the unique nature of the COVID-19 pandemic.

"We do expect inflation is going to remain uncomfortably high in the first half of this year, before coming down fairly quickly in the second half, as the pandemic recedes and things normalize," he added.

He noted there was "obviously uncertainty" on timing, saying it would take time for supply chains to work through bottlenecks and backlogs. On the flip side, price spikes could reverse and inflation could come down more quickly, he said.

BERLIN, Nov 15 (Reuters) - Germany's inflation rate will drop noticeably at the start of next year when the effects of one-off factors peter out, the economy ministry said on Monday.

That sentiment, shared by central banks, was called into question by Deutsche Bank CEO Christian Sewing, who said that the situation required swift countermeasures.

Supply bottlenecks have also become more entrenched, the ministry said, meaning industrial activity is likely to remain subdued in the coming year despite a backlog of orders.

"This applies in particular to the important automotive industry, which is suffering from a shortage of semiconductors," said the ministry.

February 3 2022
India Inc chiefs across consumer categories such as daily household goods, apparel and lifestyle products, and electronics have flagged inflation as the biggest concern for the upcoming fiscal, more crucial than even spurring demand.

Increasing prices, reducing grammage and packaging layers, using alternate lower-priced raw materials, and improving supply chain efficiency are some of the measures companies have prioritised to deal with rising costs, executives said.

Costs of sugar, flour, milk, freight, laminate and corrugated boxes have shot up by about 25% on average in the past three quarters amid Covid-induced global supply chain disruptions and shortages.

Dabur, which reported a marginal net profit increase of 2% for the three months ended December, noted “unprecedented inflationary pressure” in its earnings statement.

 

[Nuthin' Fancy]

You obviously never took Economics in college. Flooding an economy with money almost always leads to inflation. You've got more more money competing for fewer things. It doesn't take a rocket scientist to figure out the outcome!

You gonna disagree with that post of mine as well?

YES.
One, because countries aren't flooding their economies with $$$.
Two, it's supply and demand that is creating inflation this time.
Three, worldwide production is down.
Four, it takes time to get production going to normal levels.

" Flooding an economy with money almost always leads to inflation".
YES, it does, if unbalanced with supply and production.

 

[WTH_Progs?]

I’m retired and doing great under President Biden
My stocks and Real Estate holdings have gone up significantly

That has NOTHING to do with the hardworking middle class., especially youth. The OP is dead-on correct.

 

[Nuthin' Fancy]

Kindly explain why in a situation where you have a lack of products and services because of a pandemic you would think that pumping Trillions of dollars in stimulus into an economy that is already cash rich and product lacking, would make sense?

Darn, republicans didn't have an issue when Trump pumped $2 trillion into the US economy or his treasury pumping trillions into it.

March 12 2020
Wall Street briefly pared its losses on Thursday as investors reacted to the Federal Reserve’s announcement that it would dramatically increase liquidity by injecting as much as $1.5 trillion into the economy with an unprecedented series of asset purchases.

April 9 2020
The Federal Reserve announced on Thursday that it will inject another $2.3 trillion to prop up the American economy through a series of unprecedented emergency initiatives that will extend its reach to small and midsize businesses, as well as state and municipal governments.

June 16 2020
Treasury Secretary Steve Mnuchin said last week declared that another $1-trillion will be created out of government debt and pumped into the economy.

There were soon thereafter, product shortages.

July 16 2020
First, there was the toilet paper shortage, then the ground beef and chicken shortage. Now we’ve entered the days of coin, lumber, paper towels, and appliance shortages.

Giant Eagle says the soft drink companies are focusing on their core brands because the aluminum can industry can’t keep up with demand. With so many people at home, the consumption of those drinks is up more than 30 percent.

So manufacturers are having to choose what they can. There are signs in the store explaining products like Pepsi Max are temporarily in short supply, and other products like Dr. Pepper Cherry and Diet A&W Rootbeer are obvious by their absence.

People being at home is also taking its toll on the appliance business. With consumers stocking up to minimize trips to the store, more people want that basement refrigerator or a stand-alone freezer.

Good luck finding a freezer.

Biden does it and republicans have a hissy fit.

 

[rightwinger]

That has NOTHING to do with the hardworking middle class., especially youth. The OP is dead-on correct.

Our President supports minimum wage increases, healthcare,worker collective bargaining, workplace safety

All opposed by Republicans

 

[Lisa558]

YES.
One, because countries aren't flooding their economies with $$$.
Two, it's supply and demand that is creating inflation this time.
Three, worldwide production is down.
Four, it takes time to get production going to normal levels.

" Flooding an economy with money almost always leads to inflation".
YES, it does, if unbalanced with supply and production.

Yes, and that’s what Biden is doing - flooding the economy with money while we have a supply chain shortage, which he is making worse by insisting truck drivers take a van that doesn’t stop the spread. IOW, Biden’s Marxist influencers are working to take down the capitalist economy and replace it with socialism by working both sides of the equation.

And then we have the idiots like AOC who was elected to represent a district in our capitalist country, condemning our society. I now think she drove Amazon off, killing off tens of thousands of jobs, because like any good socialist, she wants people dependent on government redistribution - not working to support themselves.

 

[Lisa558]

Our President supports minimum wage increases, healthcare,worker collective bargaining, workplace safety

All opposed by Republicans

Yeah, because your president is influenced by Marxists who would be all too happy to see even MORE businesses destroyed.

I say that if you are so unskilled that you have such minimal value to an employer that it is up to you to take advantage of tax-funded educational opportunities. That’s what every poor person in my family did - both parents, and their siblings - and everyone ended up in the upper-middle class.

 

[Lisa558]

Darn, republicans didn't have an issue when Trump pumped $2 trillion into the US economy or his treasury pumping trillions into it.

March 12 2020
Wall Street briefly pared its losses on Thursday as investors reacted to the Federal Reserve’s announcement that it would dramatically increase liquidity by injecting as much as $1.5 trillion into the economy with an unprecedented series of asset purchases.

April 9 2020
The Federal Reserve announced on Thursday that it will inject another $2.3 trillion to prop up the American economy through a series of unprecedented emergency initiatives that will extend its reach to small and midsize businesses, as well as state and municipal governments.

June 16 2020
Treasury Secretary Steve Mnuchin said last week declared that another $1-trillion will be created out of government debt and pumped into the economy.

There were soon thereafter, product shortages.

July 16 2020
First, there was the toilet paper shortage, then the ground beef and chicken shortage. Now we’ve entered the days of coin, lumber, paper towels, and appliance shortages.

Giant Eagle says the soft drink companies are focusing on their core brands because the aluminum can industry can’t keep up with demand. With so many people at home, the consumption of those drinks is up more than 30 percent.

So manufacturers are having to choose what they can. There are signs in the store explaining products like Pepsi Max are temporarily in short supply, and other products like Dr. Pepper Cherry and Diet A&W Rootbeer are obvious by their absence.

People being at home is also taking its toll on the appliance business. With consumers stocking up to minimize trips to the store, more people want that basement refrigerator or a stand-alone freezer.

Good luck finding a freezer.

Biden does it and republicans have a hissy fit.

That was during the height of the pandemic. Now we have something akin to a bad flu season, and it is harmful to the middle class to hand out more free money to people who should be working.

 

[rightwinger]

Yeah, because your president is influenced by Marxists who would be all too happy to see even MORE businesses destroyed.

I say that if you are so unskilled that you have such minimal value to an employer that it is up to you to take advantage of tax-funded educational opportunities. That’s what every poor person in my family did - both parents, and their siblings - and everyone ended up in the upper-middle class.

COMMIES!

I see COMMIES EVERYWHERE

 

[Lisa558]

COMMIES!

I see COMMIES EVERYWHERE

Ah….I see you couldn’t refute my point.

And yes, the Marxists are trying to influence our system, under the guise of helping blacks - and then silencing dissenters by calling them racists. Why else would the Marxist founders of the domestic terror group called BLM have as a goal to “disrupt the nuclear family”? The family unit, in which children grow up in secure homes with married parents, is the best way to ensure our country remains strong - and the Marxists want to destroy that.

BLM should have as a goal to ENCOURAGE the nuclear family, as it is the best option to help impoverished blacks rise from poverty.

 

[rightwinger]

Ah….I see you couldn’t refute my point.

And yes, the Marxists are trying to influence our system, under the guise of helping blacks - and then silencing dissenters by calling them racists. Why else would the Marxist founders of the domestic terror group called BLM have as a goal to “disrupt the nuclear family”? The family unit, in which children grow up in secure homes with married parents is the best way to ensure our country remains strong - and the Marxists want to destroy that,

COMMIES!
I SEE COMMIES!

 

[Lisa558]

COMMIES!
I SEE COMMIES!

OK….I see you have no defense for my point. That is how you brainwashed liberals are going to allow for our country to go socialist - mock those who point it out.

Q: Why did the self-admitted Marxists who founded BLM have as a goal to disrupt the very thing that would help black lives?

(And are you going to deny that the American-hating blacks who started the terrors group admitted they were Marxists?)

 

[rightwinger]

OK….I see you have no defense for my point. That is how you brainwashed liberals are going to allow for our country to go socialist - mock those who point it out.

Q: Why did the self-admitted Marxists who founded BLM have as a goal to disrupt the very thing that would help black lives?

(And are you going to deny that the American-hating blacks who started the terrors group admitted they were Marxists?)

I laugh off any post that starts with……..I SEE COMMIES!

 

[Lisa558]

I laugh off any post that starts with……..I SEE COMMIES!

OK….couldn’t answer the question about the self-admitted Marxists, and reverted to the mocking. I can’t waste any more time on brainwashed leftists. In the language of the illegals you support, adios!

 

[rightwinger]

OK….couldn’t answer the question about the self-admitted Marxists, and reverted to the mocking. I can’t waste any more time on brainwashed leftists. In the language of the illegals you support, adios!

COMMIES!
More Commies everywhere I turn