Median income has risen and corporate profits are up by 25%

[Kilroy2]

Median household income still is rising

Median household income U.S. 2022 | Statista

The average salary in the United States has been increasing since 1990. Generally speaking, the median income increases each year.

www.statista.com

Corporate profits are rising

The booming economy, not the 2017 tax act, is fueling corporate tax receipts | Brookings

Last year’s strong economic growth, high inflation, and pandemic-related relief legislation - not the 2018 TCJA - increased both corporate profits and the taxes business paid.

www.brookings.edu

Despite inflation being high people are making money and the rich are getting rich according to the Trump plan

How could the tax breaks not affect Trump? It is those damn lawyer fees. Yeah he can afford it but he would be a lot richer without them. If only he could do things that would not involve breaking the law or defending himself when he makes false statements or start riots. Well Trump will be Trump.

If income rises then inflation is not that bad. The FED's just need to raise those interest rates before income falls. Business will not like it but hey they are showing good profits.

Gas and oil prices are going down and then they go back up. Gas prices well depends on where you live at. Still the trend is heading down.

Thank you President Biden.

 

[1srelluc]

So, did they beat the year to year inflation rate? A 6.4% raise across the board is pretty darn hefty.

Nope, missed it by 2.4%.....So they are losing money.....Nice try.

 

[BasicHumanUnit]

Median household income still is rising

Median household income U.S. 2022 | Statista

The average salary in the United States has been increasing since 1990. Generally speaking, the median income increases each year.

www.statista.com

Corporate profits are rising

The booming economy, not the 2017 tax act, is fueling corporate tax receipts | Brookings

Last year’s strong economic growth, high inflation, and pandemic-related relief legislation - not the 2018 TCJA - increased both corporate profits and the taxes business paid.

www.brookings.edu

Despite inflation being high people are making money and the rich are getting rich according to the Trump plan

How could the tax breaks not affect Trump? It is those damn lawyer fees. Yeah he can afford it but he would be a lot richer without them. If only he could do things that would not involve breaking the law or defending himself when he makes false statements or start riots. Well Trump will be Trump.

If income rises then inflation is not that bad. The FED's just need to raise those interest rates before income falls. Business will not like it but hey they are showing good profits.

Gas and oil prices are going down and then they go back up. Gas prices well depends on where you live at. Still the trend is heading down.

Thank you President Biden.

More Assology and ecomoronics

 

[Kilroy2]

More Assology and ecomoronics

The graph speaks for itself, whereas you just speak about things you know about.

 

[Kilroy2]

So, did they beat the year to year inflation rate? A 6.4% raise across the board is pretty darn hefty.

Nope, missed it by 2.4%.....So they are losing money.....Nice try.

Again if income rises, then inflation is not as bad as if income did not rise. Simply put if income did not rise and inflation rises then things would really be bad.

simple language. If you want to fill your tank with gas and it cost 40 dollars and you do not have 40 dollars then you can't fill your tank.

If you have 60 dollars then you can fill your tank and have money left over for something else. That what happens when income rises. Inflation is not as bad. You just wait for it out.

So what do investors do to take advantage of high rates.

buy stocks of companies that consume raw materials, laddering CD's and bond portfolios, strengthens their positions in the dollar, and maybe refinance your home and lock in a fixed rate, stocks and bonds.

High interest rates are not that much of a problem if income is also rising. Rich are not worried. Only people who scare easily are worried.

 

[Hossfly]

The graph speaks for itself, whereas you just speak about things you know about.

In other words, most people got an 8.7% raise this year but the price of grocery items, dry goods, fuel and services went up from 15% to over 100% and people are more prosperous? I guess any good economist could make a chart showing that bonanza.

 

[HereWeGoAgain]

Again if income rises, then inflation is not as bad as if income did not rise. Simply put if income did not rise and inflation rises then things would really be bad.

simple language. If you want to fill your tank with gas and it cost 40 dollars and you do not have 40 dollars then you can't fill your tank.

If you have 60 dollars then you can fill your tank and have money left over for something else. That what happens when income rises. Inflation is not as bad. You just wait for it out.

So what do investors do to take advantage of high rates.

buy stocks of companies that consume raw materials, laddering CD's and bond portfolios, strengthens their positions in the dollar, and maybe refinance your home and lock in a fixed rate, stocks and bonds.

High interest rates are not that much of a problem if income is also rising. Rich are not worried. Only people who scare easily are worried.

STFU Canuck.

 

[Kilroy2]

STFU Canuck.

Wrong again but hey if it makes you fell good being wrong all the time then whom am I to spoil your party.

In other words, most people got an 8.7% raise this year but the price of grocery items, dry goods, fuel and services went up from 15% to over 100% and people are more prosperous? I guess any good economist could make a chart showing that bonanza.

15% to over100 percent is a bit of an exaggeration.

Inflation does not raise that much and its based on the big picture and not just picking one or two items to base an assumption on.

The Consumer Price Index (CPI) rose 6.8% in 2022,

Crude oil prices have risen. This is based on international supply and demand. Yet as much as the US produces oil, we also tend to import it.

So global oil prices will affect the US economy.

So, when countries imposed sanctions on Russian oil because of the their actions in Ukraine. It does effect global supply and demand factors which does drive up prices.

Thus when Biden sells some US reserves, this earns the US money at a good price. It also stabilizes prices as more crude oil is available on the open market.

2022	3.413	3.611	4.322	4.213	4.545	5.032	4.668	4.087	3.817	3.935	3.799	3.324
2023	3.445

average fuel prices

So Biden selling of US reserves help reduce prices at the pump from a high of 5 dollars depending on what part of the country you live in. He sold high and now that prices have dropped the US can repurchase at a set price. The reserves can always be filled back and Biden has initiate a plan to start refilling the reserves.

The FED this month lowered short term interest rates which shows that they believe inflation is slowing.

 

[Toddsterpatriot]

Wrong again but hey if it makes you fell good being wrong all the time then whom am I to spoil your party.

15% to over100 percent is a bit of an exaggeration.

Inflation does not raise that much and its based on the big picture and not just picking one or two items to base an assumption on.

The Consumer Price Index (CPI) rose 6.8% in 2022,

Crude oil prices have risen. This is based on international supply and demand. Yet as much as the US produces oil, we also tend to import it.

So global oil prices will affect the US economy.

So, when countries imposed sanctions on Russian oil because of the their actions in Ukraine. It does effect global supply and demand factors which does drive up prices.

Thus when Biden sells some US reserves, this earns the US money at a good price. It also stabilizes prices as more crude oil is available on the open market.

2022	3.413	3.611	4.322	4.213	4.545	5.032	4.668	4.087	3.817	3.935	3.799	3.324
2023	3.445

average fuel prices

So Biden selling of US reserves help reduce prices at the pump from a high of 5 dollars depending on what part of the country you live in. He sold high and now that prices have dropped the US can repurchase at a set price. The reserves can always be filled back and Biden has initiate a plan to start refilling the reserves.

The FED this month lowered short term interest rates which shows that they believe inflation is slowing.

The FED this month lowered short term interest rates

Which rate did they lower? Link?

 

[Hossfly]

Wrong again but hey if it makes you fell good being wrong all the time then whom am I to spoil your party.

15% to over100 percent is a bit of an exaggeration.

Inflation does not raise that much and its based on the big picture and not just picking one or two items to base an assumption on.

The Consumer Price Index (CPI) rose 6.8% in 2022,

Crude oil prices have risen. This is based on international supply and demand. Yet as much as the US produces oil, we also tend to import it.

So global oil prices will affect the US economy.

So, when countries imposed sanctions on Russian oil because of the their actions in Ukraine. It does effect global supply and demand factors which does drive up prices.

Thus when Biden sells some US reserves, this earns the US money at a good price. It also stabilizes prices as more crude oil is available on the open market.

2022	3.413	3.611	4.322	4.213	4.545	5.032	4.668	4.087	3.817	3.935	3.799	3.324
2023	3.445

average fuel prices

So Biden selling of US reserves help reduce prices at the pump from a high of 5 dollars depending on what part of the country you live in. He sold high and now that prices have dropped the US can repurchase at a set price. The reserves can always be filled back and Biden has initiate a plan to start refilling the reserves.

The FED this month lowered short term interest rates which shows that they believe inflation is slowing.

How about the price of eggs? Natural gas? Well over 100%. How much are hamburgers?

 

[Kilroy2]

The FED this month lowered short term interest rates

Which rate did they lower? Link?

My mistake (I wrote lower) but it is raised the rate because they believe inflation is slowing down