Biden is ruining the economy, not fixing it

[Faun]

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

LOLOLOLOL

2021: 5.7% real GDP... 6.2 million jobs added.

 

[Indeependent]

Mac laughs because he doesn't have a clue what you are talking about.

There is an increase in demand and a shortage of supply. I think we can all agree on that. Businesses need more employees but they are unable to find them thanks to Biden, but nevertheless, wages increase with labor demand being higher. Increased demand, in part caused by freebies, coupled with less supply makes for inflation. GDP and inflation are on a similar trajectory. Is that NOT what is happening Mac? I mean you can argue why supply is down and why demand is up, but the bottom line is that inflation is influencing the GDP.

Mac used to be normal then he hooked up with someone South of the Border.

 

[SweetTea]

LOLOLOLOL

2021: 5.7% real GDP... 6.2 million jobs added.

Remind us of the inflation rate again? You don't think GDP is influenced by inflation?

 

[Indeependent]

LOLOLOLOL

2021: 5.7% real GDP... 6.2 million jobs added.

You did not address my Database Table question and I will continue to point out the spoiled brat you are until you do.

 

[Indeependent]

Remind us of the inflation rate again? You don't think GDP is influenced by inflation?

Faun is a Limousine Liberal.

 

[Faun]

In another thread they're now saying that GDP doesn't matter.

Predictable.

Whatever happened to their cries about Obama never getting GDP up to 3%? Seems GDP meant something to them then.

 

[Faun]

You did not address my Database Table question and I will continue to point out the spoiled brat you are until you do.

Asked and answered.

 

[SweetTea]

Whatever happened to their cries about Obama never getting GDP up to 3%? Seems GDP meant something to them then.

IT would be something to gloat about if inflation wasn't running near 7%.

 

[Faun]

Remind us of the inflation rate again? You don't think GDP is influenced by inflation?

Of course GDP is influenced by inflation. Without factoring in inflation, GDP for 2021 is 10%!

 

[Indeependent]

Asked and answered.

You did not answer the question and I now realize that when it comes to you career you are a used car salesman who can't actually accomplish anything on your own.
You posted that you write triggers and can't present any discrete data.

 

[Indeependent]

Of course GDP is influenced by inflation. Without factoring in inflation, GDP for 2021 is 10%!

Which is still the result of the Fed printing too much money.

 

[Synthaholic]

You gotta love these lefttards who think the entire country doesnt see inflation as an issue and it is Bidens issue.

If you only had a brain...

Prices are rising all over the world, and leaders see no quick fix
Current bout of inflation marks end of era as countries grapple with uneven recoveries

It probably isn’t much consolation for Americans struggling with the highest inflation in 40 years, but they are not alone.

In the European Union, prices are rising faster than at any time since the euro currency was introduced. The annual inflation rate in the United Kingdom hit 5.4 percent in December, the highest figure there in nearly 30 years. Canada’s consumer prices are rising twice as fast as before the pandemic.

Even in Japan, where prices have been depressed almost continuously since the collapse of the late 1980s real estate bubble, the central bank in recent days revised upward its assessment of inflation risks for the first time in eight years. Among major economies, only China has a lower inflation rate today than in early 2020.

Four ways Americans are feeling inflation

Around the world, soaring prices are emerging as a feature of the pandemic-era recovery, prompting some central banks to pivot to inflation fighting.

The new focus caps an era since the 2008 financial crisis that saw global forces — such as the rise of cross-border supply chains and a decline in workers’ bargaining power — keep inflation subdued.

As factories around the world revive at different speeds, a mismatch between the goods that are being produced and those that customers want to buy is helping drive prices higher. Longer-term trends, such as increased protectionism, rising Chinese wages and the adjustment to a low-carbon economy, will put upward pressure on prices in the years ahead, according to research by the BlackRock Investment Institute.

“We’ve come through a period where global forces were clearly disinflationary. We’re entering a period, in the near term at least, where they are more likely to push inflation up rather than down,” said Eric Winograd, senior economist with AllianceBernstein in New York.

 

[colfax_m]

Remind us of the inflation rate again? You don't think GDP is influenced by inflation?

Do you know what the “real” in real GDP growth means?

 

[Synthaholic]

Trumpanzees crying because their hamberders went up .29 cents.

 

[Indeependent]

Do you know what the “real” in real GDP growth means?

Do you know what GDP means?
I'd like to see the breakdown by 10K Income Increments of GDP consisting solely of loans from the Fed.
I hope I didn't make your brain explode.

 

[Not a Monkeys Uncle]

The run of the mill, average Democrat couldn't care less. They don't have money invested and don't know the difference between the stock market and a fruit market.

That is true too.

An imbecile laughing as he posts fake news . What a loser.

You gotta love these lefttards who think the entire country doesnt see inflation as an issue and it is Bidens issue.

When CNN says the White House house is tweaking over inflation….you have to be a special kind of dumb asshole to say the economy is perfect.

I know right? They swallow fake news like its water in a desert.

 

[Not a Monkeys Uncle]

Trumpanzees crying because their hamberders went up .29 cents.

Translation: Yes gas and food went up but us Democrats don't give a damm about poor people anyway so who cares.

Guess what you braindead pathetic idiot, high gas and food hurts the poor most of all, the people you liars claim to care about.

 

[Not a Monkeys Uncle]

And now presenting every LibTard on USMB who will deny what they themselves are experiencing...

Boy you sure called that one right. Every Marxist Leftwing ape crawled out of the wood to post fake news and defend how they are starving families. Assholes.

 

[Not a Monkeys Uncle]

Remind us of the inflation rate again? You don't think GDP is influenced by inflation?

Faun has proven himself to be nothing but a third grade mentality and a pathological liar. Why even ask him anything.

 

[AzogtheDefiler]

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

Energy independence would have helped