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re: This admin has placed the USA in a no win situation, We will all pay the price.

Posted on 3/5/22 at 2:37 pm to
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2330 posts
Posted on 3/5/22 at 2:37 pm to
We aren't in a recession. Who said that? Inflation is out of control, but the economy on all other levels is booming like a MFer.
Posted by RollTide4Ever
Nashville
Member since Nov 2006
18348 posts
Posted on 3/5/22 at 2:43 pm to
The Old Right Republicans fought to keep America out of NATO. These folks were Ron Paul of their day: Robert Taft, Howard Buffett (Warren's dad) and Murray Rothbard. Rothbard wrote for National Review before getting fired by William F. Buckley, who ushered in the neocon movement in the publication.

We need to pull out of NATO, end the federal reserve bank and have a hard talk about our current form of government (hint: decentralization).

Posted by Diamondawg
Mississippi
Member since Oct 2006
32516 posts
Posted on 3/5/22 at 2:46 pm to
quote:

We’re going to be paying $5 per gallon of gas and food prices are going to soar even higher.

I will gladly pay $5 if it's not from Russia or Iran. But we could move back the $3 if this asshat admin wanted to.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 3/5/22 at 2:48 pm to
Sure. Compelling counter point with proof.

quote:

That hasn’t been an accurate measure of the money supply in like 50 years
Posted by Jjdoc
Cali
Member since Mar 2016
53623 posts
Posted on 3/5/22 at 3:00 pm to
quote:

We aren't in a recession. Who said that?



Many..


LINK


-Conference Board and University of Michigan produce consumer indices

- New paper says that anything more than 10-point dip indicates recession

- Conference Board index dropped 25.3 points in 2021, UM index dipped 21 points


And as of this month:

quote:

U.S. consumer sentiment hit more than 10-year low


February 11, 2022


LINK

Reuters..

U.S. consumer sentiment fell to its lowest level in more than a decade in early February amid expectations that inflation would continue to increase in the near term

The decline in sentiment reported by the University of Michigan on Fridaywas

It followed news on Thursday that consumer prices recorded their largest annual increase in 40 years in January


The University of Michigan's preliminary consumer sentiment index dropped to 61.7 in the first half of this month, the lowest since October 2011

Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 3/5/22 at 6:04 pm to
I didn’t make a case because I’m not a moron. Nobody does.
Posted by Stealth Matrix
29°59'55.98"N 90°05'21.85"W
Member since Aug 2019
8040 posts
Posted on 3/5/22 at 7:17 pm to
We're just transitioning from a lockdown due to virus to a lockdown due to gas prices, that's all. We're all in this together.
Posted by roadGator
Member since Feb 2009
141558 posts
Posted on 3/5/22 at 7:19 pm to
Why are you such a progstainn fig?
Posted by Kattail
Member since Aug 2020
3387 posts
Posted on 3/5/22 at 7:26 pm to
The combination of corrupt old senile life long politician with young, stupid know it all hotshots has ruined our great country in so many ways. I wonder how bad it will get before we can get them out.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 3/5/22 at 7:30 pm to
quote:

I didn’t make a case because I’m not a moron. Nobody does.


If you say so. Your responses say otherwise.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 3/5/22 at 7:38 pm to
quote:

There is sincere economic fear starting to set in among the average man.


oxygen is being sucked out of the room. the inflation + taxes is a punishing blow. this is why so many didn't want this federal monster to begin with.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 3/5/22 at 8:33 pm to
If you think the money supply went up that much then where are the hyperinflation prints?
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