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Jackie Mason said to put Congress on Commission! They don't get paid if we run a deficit
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Hey stupid, Biden got into White House in 2021, when inflation has already shoot up to over 5% as your graph clearly shows.The dotted line is Putin's invasion of Ukraine.
Oh, wait, it's not.
It's Biden's inauguration.
“As our economy comes roaring back, we’ve seen some price increases,” Biden said duringremarks on July 19, 2021. “Some folks have raised worries that this could be a sign of persistent inflation. But that’s not our view. Our experts believe, and the data shows, that most of the price increases we’ve seen are – were expected and are expected to be temporary.”
FLASHBACK: Biden Administration Downplayed Inflation Concerns As Temporary
White House officials repeatedly claimed that inflation would be "temporary" throughout parts of 2021.dailycaller.com
EXPERTS?
The dotted line is Putin's invasion of Ukraine.
Oh, wait, it's not.
It's Biden's inauguration.
Hey stupid, Biden got into White House in 2021, when inflation has already shoot up to over 5% as your graph clearly shows.
Antontoo has clearly, and absolutely made a 100% significant point in this thread! When I read his response, looked at the chart, I was like......OMG.......the man told the truth! (or maybe a woman, or a Ze, Chee, whatever, but I do not know)
So I, being a concerned Conservative, decided that we could NOT allow ourselves to be led astray by our own party. We would become what we claim Democrats are; sheep being lied to, then led to economic slaughter. I was on the verge of switching sides! But then, I decided like all logical people should, that I would check out the graph, and Antons statement at the same time before I jumped ship, without a life preserver.
Now where best to do this? Well, how about the government statistics themselves? Sounded like a plan!
Here is what I found. Instead of a graph, I opted for a table by months. The pertinent column is the one all the way on the left. Scroll down through 2020, and see what it says, then enter 21. It will show EXACTLY when inflation hit-) To get to the table, scroll down the chart, and at the very bottom, there is a link in table form.
We didn't have inflation problems in 2008-2020 and all countries have hit inflation problem after Covid, with or without expansionary monetary policy.Here's your inflation. Feds bailed out housing and wall street. Massive QE through 2008-2020.
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We didn't have inflation problems in 2008-2020 and all countries have hit inflation problem after Covid, with or without expansionary monetary policy.
It's simply incorrect to say that this inflation is strictly a function of Fed's balance sheets. It has some role but it only goes so far.
“As our economy comes roaring back, we’ve seen some price increases,” Biden said duringremarks on July 19, 2021. “Some folks have raised worries that this could be a sign of persistent inflation. But that’s not our view. Our experts believe, and the data shows, that most of the price increases we’ve seen are – were expected and are expected to be temporary.”
FLASHBACK: Biden Administration Downplayed Inflation Concerns As Temporary
White House officials repeatedly claimed that inflation would be "temporary" throughout parts of 2021.dailycaller.com
EXPERTS?
Jen Psaki walked that statement back...Biden said this was going to be “transitory inflation”
Biden is a known LIAR!Biden said this was going to be “transitory inflation”
The economy was already negatively reacting in late 2020 knowing dumb ass Democrats would take charge in Jan, 2022.Hey stupid, Biden got into White House in 2021, when inflation has already shoot up to over 5% as your graph clearly shows.
So looks like I didn't tell the truth - the graph is not clear - "21" is placed in the middle of 2021 timeline that is only faintly denoted. The graph was actually correct and does show inflation increase roughly correlating to start of Biden term.Antontoo has clearly, and absolutely made a 100% significant point in this thread! When I read his response, looked at the chart, I was like......OMG.......the man told the truth! (or maybe a woman, or a Ze, Chee, whatever, but I do not know)
So I, being a concerned Conservative, decided that we could NOT allow ourselves to be led astray by our own party. We would become what we claim Democrats are; sheep being lied to, then led to economic slaughter. I was on the verge of switching sides! But then, I decided like all logical people should, that I would check out the graph, and Antons statement at the same time before I jumped ship, without a life preserver.
Now where best to do this? Well, how about the government statistics themselves? Sounded like a plan!
Here is what I found. Instead of a graph, I opted for a table by months. The pertinent column is the one all the way on the left. Scroll down through 2020, and see what it says, then enter 21. It will show EXACTLY when inflation hit-) To get to the table, scroll down the chart, and at the very bottom, there is a link in table form.
What makes you think he lied instead of telling what he thought was the truth?Biden is a known LIAR!
So Biden is incompetent is that your counter argument?What makes you think he lied instead of telling what he thought was the truth?
Thats just fn dumb. I know you are all wrapped up in your politics but thats not how economy works.The economy was already negatively reacting in late 2020 knowing dumb ass Democrats would take charge in Jan, 2022.
Biden is a president not economist. Why the hell would he have expertise on this?So Biden is incompetent is that your counter argument?
So Biden is incompetent is that your counter argument?
Welcome to the real world snowflake.Thats just fn dumb. I know you are all wrapped up in your politics but thats not how economy works.
As POTUS Biden has an army of advisors who are. We'll just go with Biden is a big fat liar okay.Biden is a president not economist. Why the hell would he have expertise on this?
As Biden correctly stated many economists IN FACT saw inflation problems as transitory due to Covid disruptions, and in fact they may still be when looking at this from mid 3-4 year perspective instead of just short term.
Maybe you think Biden also lied in 2021 about Russian invasion of Ukraine that is contributing to already inflamed post Covid inflation?