Inflation Plummeting Rapidly

[Hollie]

What you are describing is higher wages for workers

Something that enrages Conservatives

What you are describing is the alternate reality of the Dem / Marxist universe.

Fiscal State of the Union: Biden's Real-Wage Decline | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

Since President Biden took office in January 2021, the increase in prices due to inflation is over 14%, resulting in a loss in real wages of nearly 4%.

 

[John Edgar Slow Horses]

What you are describing is the alternate reality of the Dem / Marxist universe.

Fiscal State of the Union: Biden's Real-Wage Decline | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

Since President Biden took office in January 2021, the increase in prices due to inflation is over 14%, resulting in a loss in real wages of nearly 4%.

Yet the trade off has been a very low UE and strong consumer spending.

 

[Hollie]

Yet the trade off has been a very low UE and strong consumer spending.

The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.

Oh, and the expectations are that the fed will push rates higher.

 

[Harpy Eagle]

The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.

Oh, and the expectations are that the fed will push rates higher.

How did people ever survive the 70s and 80s and 90s when rates were this high and much higher?

 

[Hollie]

How did people ever survive the 70s and 80s and 90s when rates were this high and much higher?

View attachment 804444

"But... but... but... but what about..."

Typically pointless babble.

Ten years of stagflation under Carter when things like home purchases and wage gains were stunted. Now we have the Dems / Marxists pushing for more of the same.

 

[Hollie]

Yet the trade off has been a very low UE and strong consumer spending.

Not to worry. Sloppy Joe and the Dems / Marxists have it covered. They will find more ways to spend your money, drive up deficits and cripple economic growth.

Republicans: 'Unimaginable' for Biden to Open Obamacare to Illegal Aliens

Sens. J.D. Vance and Josh Hawley are urging Biden to drop a plan that opens taxpayer-subsidized healthcare benefits to DACA illegal aliens.

www.breitbart.com

HHS states in its proposed rule that this expansion intends to make hundreds of thousands of previously ineligible illegal aliens now eligible for various healthcare programs like Qualified Health Plans, premium tax credits, cost sharing reductions, and the Basic Health Program. The Department estimates that this expansion will cost more than $100 million in its first year alone. [Emphasis added].




It's just $hundreds of millions... added to the other $hundreds of millions for the Dem / Marxist imported voters.

Time to raise taxes. Oh, yeah, and those 87,000 new IRS agents who we are told will not come after the middle class?

Those imported illegals need welfare and gubmint money. Thanks for volunteering for lots of new taxes.

 

[Harpy Eagle]

"But... but... but... but what about..."

Typically pointless babble.

Context can be important when snowflakes like you are melting.

Perhaps you are just a child and were not an adult in the 70s to the 90s.

 

[Hollie]

Context can be important when snowflakes like you are melting.

Perhaps you are just a child and were not an adult in the 70s to the 90s.

Facts tend to confuse the Dems / Marxists.

 

[Harpy Eagle]

Facts tend to confuse the Dems / Marxists.

Is that why you are so confused?

 

[John Edgar Slow Horses]

The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.

Oh, and the expectations are that the fed will push rates higher.

Not if they are paying on time.

And they continue to have jobs to make the payments, unlike Trump's last year.

 

[Hollie]

Not if they are paying on time.

And they continue to have jobs to make the payments, unlike Trump's last year.

I guess you missed the successes of the Trump job market.

 

[John Edgar Slow Horses]

... you missed that his mishandling of the Covid pandemic destroyed what the market built.

 

[Hollie]

... you missed that his mishandling of the Covid pandemic destroyed what the market built.

Didn't miss it. The failures of Biden politburo were epic.

 

[Harpy Eagle]

Didn't miss it. The failures of Biden politburo were epic.

Biden was a private citizen when COVID hit.

Do at least try to keep up.

 

[Harpy Eagle]

I guess you missed the successes of the Trump job market.

It was a good jobs market, till 2020. Almost as good as the current one.

Average jobs added per month...

 

[Hollie]

Biden was a private citizen when COVID hit.

Do at least try to keep up.

You didn't know that Sloppy Joe was the Failure in Charge during much of the Wuhan virus?

You're so far behind, you will never catch up.

 

[Harpy Eagle]

You didn't know that Sloppy Joe was the Failure in Charge during much of the Wuhan virus?

You're so far behind, you will never catch up.

Joe was in charge in 2020? Damn, who knew! Thanks for letting us know

 

[Hollie]

It was a good jobs market, till 2020. Almost as good as the current one.

Average jobs added per month...

View attachment 804473

Who was president before the Wuhan virus?

 

[Hollie]

Joe was in charge in 2020? Damn, who knew! Thanks for letting us know

Glad to help out the helpless Dems / Marxists. The Biden failures were epic and those failures continue.

 

[Harpy Eagle]

Who was president before the Wuhan virus?

There were 45 of them, can you be more specific?