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Thanks. Gave my buddy task0778 a thumbs up for it.The poster immediately before you had a link to NBC news which said exactly that.
There is no redefinition. Biden was specific enough that anyone who has any common sense understood what he was saying.Thanks. Gave my buddy task0778 a thumbs up for it.
This constant redefining of metrics and terms by the Biden Admin is really getting annoying. They don't fix anything; they just blame others and when that doesn't work, they gaslight. Some terms they have redefined....
Inflation
Recession
Woman
Insurrection
Vaccine
Illegal Alien
It's Orwellian.
I kind of wonder if he is playing the crazy old man bit as a get out of jail free card when the shit hits the fan.
There is no redefinition. Biden was specific enough that anyone who has any common sense understood what he was saying.
Monthly inflation and year over year inflation are different metrics. They’re both reported each month. This isn’t new.
www.bls.gov
Biden was accurate. From the report:The BLS announced that the July inflation rate is 8.5%.
Consumer Price Index Summary - 2024 M03 Results
Biden dishonestly spun the narrative in a lame attempt to hoodwink the gullible.
And you are an advocate for such meaningless cherry picking.
When you're blowing up a balloon, and in one breath make it 10% bigger, while in the next make it 8% bigger, you still have inflation. When prices are rising, there's inflation. Their rising slightly less one month than the previous month does not mean inflation has gone away, which is what Quid Pro hopes his useful idiots (you know who you are) fall for.There is no redefinition. Biden was specific enough that anyone who has any common sense understood what he was saying.
Monthly inflation and year over year inflation are different metrics. They’re both reported each month. This isn’t new.
Trump is the one who was building foreign oil pipeline here bankrupting 90% of US oil drillers. 2032 Oil Rigs were operating under Obama. Only half that many at their peak under Trump, then he bankrupted nearly all of them, leaving only 230 operating when he was voted out.
Joe Biden just claimed that there was "zero percent inflation" in July. I guess that 8.5% inflation rate is a figment of our imagination
Biden Says There Was 'Zero Inflation' in July
President Joe Biden says that the US economy is on track, while urging congress to pass the Inflation Reduction Act. "Today, we received news that our economy had zero percent inflation in the month of July -- zero percent," Biden said at the White House.news.yahoo.com
You did not back up your numbers with any references.Trump is the one who was building foreign oil pipeline here bankrupting 90% of US oil drillers. 2032 Oil Rigs were operating under Obama. Only half that many at their peak under Trump, then he bankrupted nearly all of them, leaving only 230 operating when he was voted out.
Drillers went back to work as soon as Biden won. US Oil Drilling already increased over 325% under Biden.
Trump printed 500% more US Dollars than ever existed causing massive inflation. Biden is doing good to halt that massive inflation pressure with broken supply chains.
Right about the same time prices on oil and labor come down....and soon taxes.Month over month inflation was nearly 0 due to lower oil prices. BFD. After a steady two year rise in prices on other goods, blamed on energy, how soon should we expect the producers to lower the cost of other goods now that their energy costs are going down too? Will they ever lower them?
With all the legitimate criticisms of Joe available to you, you really chose this one? Isn't the point he was making, inflation did not increase, obvious enough for you?Joe Biden just claimed that there was "zero percent inflation" in July.
Really, though, inflation is one of the most important topics for the majority of Americans currently.With all the legitimate criticisms of Joe available to you, you really chose this one? Isn't the point he was making, inflation did not increase, obvious enough for you?
Prices aren't coming down. Inflation is far ahead of wage increases. The pain will continue.I realize "Biden is responsible for inflation" has been a central message (one that Repubs have never convincingly shown to be true) coming from Repubs with the midterms just around the corner. But it has peaked. The CPI and PPI are on their way down.
Too much there to comment on here in this inflation thread.So you folks better get ready to stand by the Repub positions on trying to block Medicare drug price negotiations, trying to block action on climate change, trying to block action on a minimum corporate tax rate so companies like Amazon don't pay 0 taxes, trying to block aid for veterans, and suggesting an investigation of a former prez who stole classified documents means the DoJ has been politicized.
Joe told another whopper. If you condone that, I don’t care.With all the legitimate criticisms of Joe available to you, you really chose this one? Isn't the point he was making, inflation did not increase, obvious enough for you?
I realize "Biden is responsible for inflation" has been a central message (one that Repubs have never convincingly shown to be true) coming from Repubs with the midterms just around the corner. But it has peaked. The CPI and PPI are on their way down. So you folks better get ready to stand by the Repub positions on trying to block Medicare drug price negotiations, trying to block action on climate change, trying to block action on a minimum corporate tax rate so companies like Amazon don't pay 0 taxes, trying to block aid for veterans, and suggesting an investigation of a former prez who stole classified documents means the DoJ has been politicized.
