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Biden inflation. Build Back Poorer

reason10

Governor
https://www.foxbusiness.com/economy/consumer-price-index-september-2021

Inflation surges by most in 13 years as energy prices spike
The consumer index price index rose 5.4% year over year in September, according to the Labor Department, matching the July reading for the hottest print since 2008. Prices increased 0.4% month over month.

Analysts surveyed by Refinitiv were expecting prices to rise 5.3% annually and 0.3% in September.

"Consumer prices continue to rise, particularly as demand driven by people returning to post-vaccination life outstrips supply that is increasingly constrained by logistics and labor shortages," said Brian Crosby, managing partner at Traub Capital Partners. "We see it every day."

Labor shortages? I thought people needed jobs? Apparently not when the IDIOT IN CHIEF pays them not to work.

https://www.westernjournal.com/bidens-america-people-paid-16-hour-remain-unemployed-double-minimum-wage/

Biden's America: People Being Paid $16 an Hour to Remain Unemployed, More Than Double Minimum Wage
“It means, someone who was working 40 hours a week before the pandemic now gets nearly $16-an-hour to do nothing at home, which is more than double the federal minimum wage of $7.25.”

Gee! President Trump had already opened up the economy and it was expanding. Biden inherited an expanding economy
https://www.washingtonexaminer.com/news/economic-forecast-biden-relief-legislation

Biden inherited economy on the rebound

It is now officially the worst economy of all time. Thanks.
 

Bronwyn

Unapoligetically Republican
No, we'll just monitor everyone's bank account and make sure we get taxes off every $600.
 

middleview

President
Supporting Member
https://www.foxbusiness.com/economy/consumer-price-index-september-2021

Inflation surges by most in 13 years as energy prices spike
The consumer index price index rose 5.4% year over year in September, according to the Labor Department, matching the July reading for the hottest print since 2008. Prices increased 0.4% month over month.

Analysts surveyed by Refinitiv were expecting prices to rise 5.3% annually and 0.3% in September.

"Consumer prices continue to rise, particularly as demand driven by people returning to post-vaccination life outstrips supply that is increasingly constrained by logistics and labor shortages," said Brian Crosby, managing partner at Traub Capital Partners. "We see it every day."

Labor shortages? I thought people needed jobs? Apparently not when the IDIOT IN CHIEF pays them not to work.

https://www.westernjournal.com/bidens-america-people-paid-16-hour-remain-unemployed-double-minimum-wage/

Biden's America: People Being Paid $16 an Hour to Remain Unemployed, More Than Double Minimum Wage
“It means, someone who was working 40 hours a week before the pandemic now gets nearly $16-an-hour to do nothing at home, which is more than double the federal minimum wage of $7.25.”

Gee! President Trump had already opened up the economy and it was expanding. Biden inherited an expanding economy
https://www.washingtonexaminer.com/news/economic-forecast-biden-relief-legislation

Biden inherited economy on the rebound

It is now officially the worst economy of all time. Thanks.
What was the unemployment rate in December 2020? Was it better or worse than what Obama turned over to Trump?
Inflation is up. Is that because Biden drove it up or because companies are jacking up their prices?
 

bdtex

Administrator
Staff member
What was the unemployment rate in December 2020? Was it better or worse than what Obama turned over to Trump?
Inflation is up. Is that because Biden drove it up or because companies are jacking up their prices?
All part of the anti-maskers/vaxers plan.
 

PhilFish

Administrator
Staff member
What was the unemployment rate in December 2020? Was it better or worse than what Obama turned over to Trump?
Inflation is up. Is that because Biden drove it up or because companies are jacking up their prices?
Is that like asking..because a pandemic struck and the world economy shut down.? in response to your unemployment observation?
 

sensible don

Governor
Supporting Member
All part of the anti-maskers/vaxers plan.
I agree - do whatever it takes - no matter the pain, even losing their own money or lives to make Biden look bad - now that is a serious level of stupidity and brainwashing - the right wing cultists don't realize how little their messiahs care about them do they - sane people see it

Hell now they want them not to vote to prove some kind of eerie point - I welcome that advice from the greatest loser ! STAY HOME ALL OF YOU CULTISTS - they will just toss your ballot or shred it anyway :)
 

PhilFish

Administrator
Staff member
I agree - do whatever it takes - no matter the pain, even losing their own money or lives to make Biden look bad - now that is a serious level of stupidity and brainwashing - the right wing cultists don't realize how little their messiahs care about them do they - sane people see it

Hell now they want them not to vote to prove some kind of eerie point - I welcome that advice from the greatest loser ! STAY HOME ALL OF YOU CULTISTS - they will just toss your ballot or shred it anyway :)

Yeah. Better to sit at home collecting free money while everything falls apart because of lack of workers .. rah!

Agreed though...Trump kind of f'ed that comment up....
 

reason10

Governor
What was the unemployment rate in December 2020? Was it better or worse than what Obama turned over to Trump?
Inflation is up. Is that because Biden drove it up or because companies are jacking up their prices?
Why do you continue to lie?

Biden inherited an expanding economy, which was amazing considering the damage the Coronavirus did.
 

middleview

President
Supporting Member
Trump DID create a great economy. He inherited the worst. And it took the Coronavirus to slow it down. And STILL, Joe inherited an expanding economy.
80 million people turned out to vote for someone else to be president...that is how good Trump was as a president.

Obama inherited a recession that drove unemployment to 10%, dropped 8% of the GDP into the toilet and nearly bankrupted two of three American car companies. Obama turned over an unemployment rate of 4.5%. What was it when Trump turned it over to Biden? Was it lower or higher?

Was the economy expanding? Yes. From having cratered in 2020.
 

Joe in Tulsa

Council Member
I agree - do whatever it takes - no matter the pain, even losing their own money or lives to make Biden look bad - now that is a serious level of stupidity and brainwashing - the right wing cultists don't realize how little their messiahs care about them do they - sane people see it

Hell now they want them not to vote to prove some kind of eerie point - I welcome that advice from the greatest loser ! STAY HOME ALL OF YOU CULTISTS - they will just toss your ballot or shred it anyway :)
Whatever it takes to make Biden look bad? Just sit back and let him try to talk, and watch him push disastrous policies and projects. Biden is the best weapon to make Biden look bad.
 

middleview

President
Supporting Member
Okay. Jobs weren't increasing? Taxes weren't lowered?

Is it an untruth that the onset of the pandemic caused the cataclysmic decline in the world's economy, and obviously in the United States?
Re-read @reason10 's post....I answered his specific claims that the economy was wonderful in January 2021 and Biden turned it to shit.

In fact, Trump's tax cuts were idiotic. He doubled the deficit all to buy votes from short sighted voters who don't understand it is borrowed money or don't plan to live long enough to have to pay it back.

There there is the debate over whether or not Trump's leadership during the pandemic could have limited some of the more extreme measures states took to limit the spread. Trump said there was no problem and it'll go away on its own. When it became a disaster the states acted on their own...states competing with other states for PPE and medical personnel...driving prices up and causing hoarding....

Trump's response was one of helplessness and he resorted to inventing magical solutions like internal disinfectants and UV lights...and brings in an idiot radiologist who says we should just go about our business and hope for herd immunity....WTF!!!
 
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