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Sorry GOP - Inflation stabilizing, deflation starting

AZrailwhale

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I am sure that you believe refinery capacity is determined by democrats. I mean SERIOUSly, if you can't find anything else to bitch about with Biden, you need to seek new news sources. LOL


b
The shortage of refinery capacity is directly the result of democratic policies. Thanks to democratic environmental fanatics new refineries are impossible to build and existing ones can't be expanded.
 

Golfing Gator

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Why do you say that? It would be unconstitutional which this court has been ruling on unlike past courts.

Marriage is not mentioned in the Constitution, thus it should be left up to each state what they recognize and do not...according to this court at least
 

Couchpotato

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Marriage is not mentioned in the Constitution, thus it should be left up to each state what they recognize and do not...according to this court at least
Marriage is just a contract between two people as far as the state is concerned. Contracts entered into in one state have to be recognized by all states. Full faith and Credit clause.

So while letting Each state decide might be the right call legally individual states could not decide to just not recognize a marriage entered into in another state
 

Golfing Gator

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Marriage is just a contract between two people as far as the state is concerned. Contracts entered into in one state have to be recognized by all states. Full faith and Credit clause.

So while letting Each state decide might be the right call legally individual states could not decide to just not recognize a marriage entered into in another state

That is the way the courts have ruled in the past.

We can no longer be confident that will be the case with this court.
 

Couchpotato

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That is the way the courts have ruled in the past.

We can no longer be confident that will be the case with this court.
Why? They have been firmly rooted in the Constitution with their rulings so far. Just because you don’t like those decisions doesn’t change that fact.
 

ILOVEISRAEL

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Just cuz you say it doesn’t make it true moron. Here you go. Find that shit you stupid fucker.

Just cuz you have a Bumper Sticker doesn’t make it true. There have been more COVID deaths under BRANDON then Trump. You DENY Illegals are pouring into our Country with increase in Illegal Drugs especially Fentanyl and inflation is out of control? You’re a FUCKIN MORON. 👍
 

Golfing Gator

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There have been more COVID deaths under BRANDON then Trump.

True, but Trump only had it going on for less than a year, Biden for more than 2.
 

ILOVEISRAEL

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True, but Trump only had it going on for less than a year, Biden for more than 2.
Vaccines were developed under Trump. When COVID broke out initially there were such Vaccines, remember?
Remember when BRANDON bashed Trump for not preventing those Deaths and SWEARING to the Americans that under HIS administration the spread would stop?
Remember when he said he would NOT mandate Vaccination??? 🤗
 

para bellum

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The shortage of refinery capacity is directly the result of democratic policies. Thanks to democratic environmental fanatics new refineries are impossible to build and existing ones can't be expanded.
And to be clear, refinery capacity is not what drives up gas prices.

Gas prices follow oil futures, and energy policy drives oil futures. When leases are cancelled and exploration are blocked, the price of oil goes up. It is a reflection of industry expectations.

The high gas prices are the result of the anti-US energy policies of democrats. We had the same refining capacity when gas prices were low. It really hasn't changed in decades. A little bit of modernization and minor expansion in some refineries, but no new builds since forever.

It's exacerbated by the invasion of Ukraine and sanctions on Russian energy- but oil is fungable so the increased exports to some countries should be offset by the oil they didn't buy from their previous supplier. Plus it's not a rational market, it's mostly cartel controlled. Cozying up to Iran and making enemies of the Saudis doesn't help....
 

airplanemechanic

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65 million people got displaced from their jobs... I'd call it one.



Yet, Republicans brought us Recessions in 2020, 2008, 2001, 1990, and 1981. The last time a Democrat had a recession was Jimmy Carter. Before Carter, Republicans brought us recessions in 1975, 1969, 1960, 1957 and 1954.

You lying sack of shit.

Clinton handed Bush the dot-com bubble right when he was coming into office. The stock market lost 78% of its highest value and was crashing when Bush got it in 2001.


All republicans do is fix democrat fuck ups.

Reagan had record growth. Clinton had the dot-com fuckup..

Bush had record growth. Obama had a chance to turn around a market that had a hiccup but then forced Obamacare down everyones throats and lost the house and senate in 2010 because of it.

Trump had record growth in EVERYTHING. We all know what Biden has done with that.
 
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para bellum

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Reagan had record growth. Clinton had the dot-com fuckup..
Clinton also enjoyed a large Social Security surplus thanks to Reagan, and large cap gains windfalls from the dot-com boom.

The cap gains revenues evaporated with the dot-com crash, and the Social Security trust fund went upside-down under Obama (2011)...
 

Weatherman2020

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Inflation is stabilizing and many indicators suggests we may actually see disinflation. I see it daily in my business. For those of you who believe in a free market capitalist economy this is how it works. Supply has increased with pandemic disruptions mostly behind us and higher prices from greedy corporations has driven demand lower. We are about to see a pricing pullback. Buckle up. Likely lead to a clean democratic sweep this fall of prices moderate.

  1. Falling freight rates
  2. Falling commodity prices - worst quarter since Great Recession
  3. Easing rents
  4. Cheaper GPUs
  5. Rising retail inventories


For over a year now, we’ve seen inflation rise relentlessly. Price rises have lowered real wages for most workers, driven popular anger, and threatened economic stability. But there are finally indications that the tide is turning. In March, financial markets were predicting an annualized inflation rate of around 3.5% over the next five years; now, that number is down to 2.6%.


And expectations for inflation over the following five years, which had spiked up during the initial phase of the Ukraine war, have plunged back toward the Fed’s official 2% inflation target:


So markets think prices are going to cool down. That’s good in and of itself, because it means we’re in less danger of the sort of expectations-driven spiral that can lead to truly devastating hyperinflation. Markets have not yet lost confidence in the Fed. But this doesn’t mean we’re out of the woods, since markets are actually pretty bad at predicting future inflation.
Another thread we can club you over the head with for the next 10 years.

Meanwhile in Brandon’s America:

Price increases since last July 4th:
gas: +49%
airline tickets: +38%
fireworks: +30%
hotels: +22%
burgers: +14%
chips: +14%
cookies: +13%
soda: +13%
pickles: +12%
barbecues: +11%
ice cream: +10%
hot dogs: +10%
ketchup: +10%
movies: +6%
concerts: +6%
swim suits: +6%
beer: +5%
 

Synthaholic

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Exposing PoliticalChic as a fraud. Every day.
 

SmokeALib

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Inflation is stabilizing and many indicators suggests we may actually see disinflation. I see it daily in my business. For those of you who believe in a free market capitalist economy this is how it works. Supply has increased with pandemic disruptions mostly behind us and higher prices from greedy corporations has driven demand lower. We are about to see a pricing pullback. Buckle up. Likely lead to a clean democratic sweep this fall of prices moderate.

  1. Falling freight rates
  2. Falling commodity prices - worst quarter since Great Recession
  3. Easing rents
  4. Cheaper GPUs
  5. Rising retail inventories


For over a year now, we’ve seen inflation rise relentlessly. Price rises have lowered real wages for most workers, driven popular anger, and threatened economic stability. But there are finally indications that the tide is turning. In March, financial markets were predicting an annualized inflation rate of around 3.5% over the next five years; now, that number is down to 2.6%.


And expectations for inflation over the following five years, which had spiked up during the initial phase of the Ukraine war, have plunged back toward the Fed’s official 2% inflation target:


So markets think prices are going to cool down. That’s good in and of itself, because it means we’re in less danger of the sort of expectations-driven spiral that can lead to truly devastating hyperinflation. Markets have not yet lost confidence in the Fed. But this doesn’t mean we’re out of the woods, since markets are actually pretty bad at predicting future inflation.
Bullshit.
 

airplanemechanic

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Cougarbear

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Inflation is stabilizing and many indicators suggests we may actually see disinflation. I see it daily in my business. For those of you who believe in a free market capitalist economy this is how it works. Supply has increased with pandemic disruptions mostly behind us and higher prices from greedy corporations has driven demand lower. We are about to see a pricing pullback. Buckle up. Likely lead to a clean democratic sweep this fall of prices moderate.

  1. Falling freight rates
  2. Falling commodity prices - worst quarter since Great Recession
  3. Easing rents
  4. Cheaper GPUs
  5. Rising retail inventories


For over a year now, we’ve seen inflation rise relentlessly. Price rises have lowered real wages for most workers, driven popular anger, and threatened economic stability. But there are finally indications that the tide is turning. In March, financial markets were predicting an annualized inflation rate of around 3.5% over the next five years; now, that number is down to 2.6%.


And expectations for inflation over the following five years, which had spiked up during the initial phase of the Ukraine war, have plunged back toward the Fed’s official 2% inflation target:


So markets think prices are going to cool down. That’s good in and of itself, because it means we’re in less danger of the sort of expectations-driven spiral that can lead to truly devastating hyperinflation. Markets have not yet lost confidence in the Fed. But this doesn’t mean we’re out of the woods, since markets are actually pretty bad at predicting future inflation.
LOL!!! I wouldn't trust any of these from the liberal side. They have been continuously WRONG on EVERYTHING! As long as Biden continues his assault on America, the inflation will continue as gasoline prices rise. RECESSION!
 
OP
citygator

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LOL!!! I wouldn't trust any of these from the liberal side. They have been continuously WRONG on EVERYTHING! As long as Biden continues his assault on America, the inflation will continue as gasoline prices rise. RECESSION!
Oil prices have declined 21 days in a row. Thanks Biden!
 

Cougarbear

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