What kind of President would allow 9.1% inflation!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[mudwhistle]

It works even if the inflation is on purpose, which it is......Point being is that the puppet masters want a crash.

They know that most Americans are two missed house payments from homelessness.
Best way to cause it is force them to have to spend all of their money on food.

 

[otto105]

Probably when they announce Q2 GDP at the end of July.

Probably?

Corporate supply chain issues and the russian invasion be damned...

 

[otto105]

They know that most Americans are two missed house payments from homelessness.
Best way to cause it is force them to have to spend all of their money on food.

Inflation on purpose?

Damn those corporate capitalist's.

 

[Mac-7]

They know that most Americans are two missed house payments from homelessness.
Best way to cause it is force them to have to spend all of their money on food.

Which means democrat big government wipe-every-nose nirvana is just two missed house payments away

Venezuela here we come

 

[Toddsterpatriot]

60% of the CPI increase in June was gas prices.

Those prices have fallen 40% in July.

60% of the CPI increase in June was gas prices.

Link?

Those prices have fallen 40% in July.

Gas prices fell 40%? Where?

 

[Flash]

Biden's family was made filthy rich by the Chinese. He doesn't give a shit about us real Americans having to deal with his massive inflation.

 

[Hutch Starskey]

What kind of President would allow 9.1% inflation!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Ronald Reagan and Joe Biden

Allow?

 

[Toddsterpatriot]

Two years ago is causing inflation now?

Wow, and how did our pumping money into our economy cause higher inflation throughout the world?

Two years ago is causing inflation now?

You're right, there is never any lag when government does something.

Wow, and how did our pumping money into our economy cause higher inflation throughout the world?

Did any other country also pump money into their own economy?

 

[Toddsterpatriot]

3.6% unemployment

You think recessions only start when unemployment is high?

Is that what you see here?

Unemployment Rate | FRED | St. Louis Fed

View data of the unemployment rate, or the number of people 16 and over actively searching for a job as a percentage of the total labor force.

fred.stlouisfed.org

 

[Bootney Lee Farnsworth]

So, nationalize the oil companies? Sounds good to me!

And y'all are still telling us you're not commies?

 

[Toddsterpatriot]

Probably?

Corporate supply chain issues and the russian invasion be damned...

Yes, they'll probably announce the 2nd quarter of negative GDP this month.

Probably.

Corporate supply chain issues and the russian invasion be damned...

It's awful! Biden's incompetence isn't the only issue we have to deal with.

 

[Oddball]

60% of the CPI increase in June was gas prices.

Those prices have fallen 40% in July.

Gas prices fell 40%?!?....Where?

 

[Oddball]

Well you get a lot of practice.
Gotta admire the dedication though.

I know basic economics, all you have is media spin....Easy as **** to lie to you too.

 

[ElmerMudd]

Raising interest rates only works if inflation isn't on purpose. If the government is intentionally and artificially raising inflation then raising interest rates only compounds the problem.

Not true. Did you ever take econ 101? Inflation is not on purpose. Low interest rates were to jump start an economy in recession because of COVID. The inflationary factors are market driven not government driven.

 

[Oddball]

"Need to have" items....

Groceries: +12.2%

Gasoline: + 59.9%

Utilities: +38.4%

Avg: 37% inflation.

 

[ElmerMudd]

How did they allow it? What could they have done to prevent it?

There is only so much government and the President can do, The majority of factors are market driven and the result of previous fiscal actions of the government.

 

[LordBrownTrout]

Just mind staggering tone deafness.

CNBC host grills Rep. Jeffries on inflation: 'You don’t take any responsibility? It's just all a Putin price hike?' | Blaze Media

CNBC host Joe Kernen grilled a congressman over the Democrats' excuses for increasing inflation and high gas prices. Democratic Rep. Hakeem Jeffries of New York appeared on Kernen's show on Tuesday just ahead of a new report that showed inflation worsening instead of improving. Jeffries tried...

www.theblaze.com

 

[Oddball]

Not true. Did you ever take econ 101? Inflation is not on purpose. Low interest rates were to jump start an economy in recession because of COVID. The inflationary factors are market driven not government driven.

You obviously didn't take econ 101.

The printing up of $3 trillion -which has poured napalm on inflation- wasn't an accident...It was done ON PURPOSE.

The interest rates were at near zero for over a decade...The WuFlu had absolutely nothing to do with it....How much "jump starting" of the economy do you think you need?

You haven't the first ******* clue as to what your blabbering about...Just STFU.

 

[imawhosure]

I know basic economics, all you have is media spin....Easy as **** to lie to you too.

Which one of his cabinet has any kind of experience running any private entity? Look them up! These are the people guiding Joe. What is happening is not a Joe disaster, his whole team has no experience at anything but government.

LOOK at these people and their resumes from mayor Pete on down. If Joe is honestly in decline, which of these people do you think he should take counsel from? It is PATHETIC, and the Left pushed these people. They are the gang who can't hit anything, because they have absolutely no idea what the target is unless it has a GOP tag on.

 

[Oddball]

Just mind staggering tone deafness.

CNBC host grills Rep. Jeffries on inflation: 'You don’t take any responsibility? It's just all a Putin price hike?' | Blaze Media

CNBC host Joe Kernen grilled a congressman over the Democrats' excuses for increasing inflation and high gas prices. Democratic Rep. Hakeem Jeffries of New York appeared on Kernen's show on Tuesday just ahead of a new report that showed inflation worsening instead of improving. Jeffries tried...

www.theblaze.com

CNBC used to be halfweay credible...Now they're just fanbois for the DC elite and the Wall Street Banksters.