Inflation, inflation, inflation!!!!!!!!!!!!!!!!!!!

[marvin martian]

Does not work, Marvin.

Facts work.

 

[Admiral Rockwell Tory]

Strange yeear

From 2019 to 2020, consumer prices for all items rose 1.4 percent. Over that period, food prices increased 3.9 percent, a larger percentage increase than the 12-month increase of 1.8 percent in 2019.

Consumer Price Index: 2020 in review - U.S. Bureau of Labor Statist…​

www.bls.gov/opub/ted/2021/consumer-price-index-2020-in-review.htm

Consumer Price Index: 2020 in review​

On January 8, 2021, the U.S. Bureau of Labor Statistics (BLS) released its unemployment data for December 2020. The unemployment rate for December was 6.7%, the same rate that was reported for November 2020. The year’s highest unemployment rate was recorded in April 2020 at 14.8% U.S. Bureau of Labor Statistics releases December 2020 unemployment data – Ballotpedia News

So, in other words. Trump's economy was much better than Biden's has ever been. That was in spite of all the job losses and price increases caused by COVID.


You just cannot win when you try to justify Biden's idiocy.

 

[Admiral Rockwell Tory]

3.4% in the last year.

What was the UE rate when Trump left office. What is it now?

A lot lower because part time jobs increased while full time jobs decreased. All the new jobs were filled by immigrants.

 

[Thinker101]

Sure, but their price increases are nowhere near minimum pay increases. Seems pretty obvious.

Statistically low income earners have came out with the most income growth post-covid.

Not to worry, Biden made up for it...and then some.

 

[AntonToo]

Not to worry, Biden made up for it...and then some.

And we are back to regularly scheduled partisan nonsense.

 

[AntonToo]

A lot lower because part time jobs increased while full time jobs decreased. All the new jobs were filled by immigrants.

And you say this because? I know it's not actual data, because it doesn't show that.

And is there some nativist plight for jobs in America in the middle of lowest unemployment in history....that no one heard about?

 

[boevans]

Facts work.

Then find some.

 

[boevans]

So, in other words. Trump's economy was much better than Biden's has ever been. That was in spite of all the job losses and price increases caused by COVID.


You just cannot win when you try to justify Biden's idiocy.

Does not make sense, as you well know. Trump was high as 16% UE and still at 6.8% when he left office, with a devalued economy because of his covid mistakes. The voters know this, Admiral.

 

[boevans]

A lot lower because part time jobs increased while full time jobs decreased. All the new jobs were filled by immigrants.

You don't know the topic at all. Trump crashed the economy, and Biden and GOP helped put it back together.

You could have been winning bigly since 2018, but with here and there minor victories, your party is trash.

 

[sparky]

The progressive elites will never make the same sacrifices. Those sacrifices are only for the rest of us.

Simple yet so commonly ignored via the partisans who seek to blame any current potus for what is a generation of legislatively economic destruction Votto

~S~

 

[Markle]

Nope, it's not only about inflation.

Since early 2023 inflation has been around 3%, outstripped by 5% wage growth.

Which means general improvements in affordability despite inflation.

Unless wages have increased by more than 18% since 2020, you're just being foolish. To suggest otherwise or make such a goofy attempt to trivialize inflation just because the rate of wage increases is slightly more than inflation today.

Even you have to recognize that it is just goofy! Join the real world.

 

[Admiral Rockwell Tory]

Does not make sense, as you well know. Trump was high as 16% UE and still at 6.8% when he left office, with a devalued economy because of his covid mistakes. The voters know this, Admiral.

Oh, please tell another lie! You are at least consistent in your ignorance! The 6.8% figure was the highest and occurred due to Democrat governor's shutting down their states during COVID. All of this information is readily available on Google, but you chose to lie! You are a pathetic excuse for a human.

 

[Admiral Rockwell Tory]

You don't know the topic at all. Trump crashed the economy, and Biden and GOP helped put it back together.

You could have been winning bigly since 2018, but with here and there minor victories, your party is trash.

Another pathetic display of ignorance or deceit on your part.

 

[boevans]

Oh, please tell another lie! You are at least consistent in your ignorance! The 6.8% figure was the highest and occurred due to Democrat governor's shutting down their states during COVID. All of this information is readily available on Google, but you chose to lie! You are a pathetic excuse for a human.

Tell us more porkies, sir.

The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers.

• The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%.
• After-tax corporate profits went up, and the stock market set new records. The S&P 500 index rose 67.8%.
• The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
• The number of people lacking health insurance rose by 3 million.
• The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.
• Home prices rose 27.5%, and the homeownership rate increased 2.1 percentage points to 65.8%.
• Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016.
• Coal production declined 26.5%, and coal-mining jobs dropped by 16.7%. Carbon emissions from energy consumption dropped 11.5%.
• Handgun production rose 12.5% last year compared with 2016, setting a new record.
• The murder rate last year rose to the highest level since 1997.

https://www.factcheck.org/2021/10/trumps-final-numbers/#Analysis

 

[boevans]

Another pathetic display of ignorance or deceit on your part.

You guys will lose massively

 

[Admiral Rockwell Tory]

Tell us more porkies, sir.

The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers.

• The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%.
• After-tax corporate profits went up, and the stock market set new records. The S&P 500 index rose 67.8%.
• The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
• The number of people lacking health insurance rose by 3 million.
• The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.
• Home prices rose 27.5%, and the homeownership rate increased 2.1 percentage points to 65.8%.
• Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016.
• Coal production declined 26.5%, and coal-mining jobs dropped by 16.7%. Carbon emissions from energy consumption dropped 11.5%.
• Handgun production rose 12.5% last year compared with 2016, setting a new record.
• The murder rate last year rose to the highest level since 1997.

https://www.factcheck.org/2021/10/trumps-final-numbers/#Analysis

Where is your 16% unemployment documented? You really should shut up now!

 

[Admiral Rockwell Tory]

You guys will lose massively

Lose what? BTW, punctuation is not optional.

 

[AntonToo]

Unless wages have increased by more than 18% since 2020, you're just being foolish.

And? Did you take a look what they increased by?

 

[boevans]

Where is your 16% unemployment documented? You really should shut up now!

 In April 2020, the unemployment rate reached 14.8%—the highest rate observed since data collection began in 1948. In July 2021, unemployment remained higher (5.4%) than it had been in February 2020 (3.5%). https://sgp.fas.org/crs/misc/R46554.pdf

 

[boevans]

 In April 2020, the unemployment rate reached 14.8%—the highest rate observed since data collection began in 1948. In July 2021, unemployment remained higher (5.4%) than it had been in February 2020 (3.5%). https://sgp.fas.org/crs/misc/R46554.pdf

Off a bit more than a point. The 14.8 was an all time high, compared to Trumps 3.5 in Feb 2020.