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re: After Trump is elected and everything doesn't magically cost what it did in 2019
Posted on 3/3/24 at 9:31 am to Violent Hip Swivel
Posted on 3/3/24 at 9:31 am to Violent Hip Swivel
You are also uninformed! Once prices inflate they generally DO NOT go back down.
I lived through the inflation triggered in the late 70s that was eventually brought under control by huge interest rates in the early to mid 80s.
I bought my first house in March of 1985 and paid 9.5% on my mortgage. That then was considered an "excellent" mortgage rate since just a few years earlier they were in the teens! People complain now about 6ish% mortgages, you all haven't seen anything yet since the Fed did not raise rates enough since that would just hurt the party of the slave holders in the upcoming election. So much for the Fed being a non-partisan entity.
Inflation was finally tamed and the only thing that made things "cheaper" was inflation was kept at bay for a long time while wages rose eventually eclipsing the prices that had inflated. Because I can tell you practically nothing deflated in price. You must be a much younger person than I not to know this, that and mis-educated.
It's just not the initial round of inflation, it's the inflation on top of the inflation on top of the inflation.
That lasted until this administration, that is just the facts. Read it and weep puppy dog, I'm sure you'll stick your head in the sand.
I lived through the inflation triggered in the late 70s that was eventually brought under control by huge interest rates in the early to mid 80s.
I bought my first house in March of 1985 and paid 9.5% on my mortgage. That then was considered an "excellent" mortgage rate since just a few years earlier they were in the teens! People complain now about 6ish% mortgages, you all haven't seen anything yet since the Fed did not raise rates enough since that would just hurt the party of the slave holders in the upcoming election. So much for the Fed being a non-partisan entity.
Inflation was finally tamed and the only thing that made things "cheaper" was inflation was kept at bay for a long time while wages rose eventually eclipsing the prices that had inflated. Because I can tell you practically nothing deflated in price. You must be a much younger person than I not to know this, that and mis-educated.
It's just not the initial round of inflation, it's the inflation on top of the inflation on top of the inflation.
That lasted until this administration, that is just the facts. Read it and weep puppy dog, I'm sure you'll stick your head in the sand.
Posted on 3/3/24 at 12:10 pm to Violent Hip Swivel
quote:
But I guess Trump, of all people, is going to come in and wave his hand like a jedi and start barking out orders and everything magically will go back to 2019.
Who is saying this?
quote:
Too many uninformed voters are voting for Trump
Let's talk about the 81,000,000 alleged voters who listened to XiNN, MSDNC, ABXi, Faux News, XiBS, NBXi, Facebook, Twatter and TikTok as their sources of "news" that influenced their decision to vote for a barely-upright semi-cognizant invalid over a man who had America going its strongest and most prosperous in 50 years.
Also, let's not forget that Hussein Soerto proclaimed that all the jobs he forced overseas were gone for good and there was "no magic wand" to wave and bring them back... but in comes Trump and waves his magic wand and those jobs came back.
The globalist establishment had to coordinate to unleash a pandemic hysteria upon the entirety of the earth just to slow down Trump's economy enough to use it against him in the 2020 election. There was no way to pull off the fraud with the Trump economy as strong as it had been pre-scamdenic.
Posted on 3/3/24 at 2:01 pm to Violent Hip Swivel
quote:
After Trump is elected and everything doesn't magically cost what it did in 2019
Well, well, we should just leave it just like it is then.
Some people are just ignorant to a point of not being helped.
Posted on 3/3/24 at 2:22 pm to Violent Hip Swivel
There isn't any magic wand for Trump to use to reverse inflation. However, Trump will strongly foster oil and gas production which underlies a lot of the supply chain inflationary pressures. Undoing Biden's stupid energy policies, rafts of useless regulation and other hairbrained climate change notions will help to loosen things up too.
Posted on 3/3/24 at 2:27 pm to Taxing Authority
quote:
I guess if you want to completely ignore his protectionist trade policies, spending desires (Trump wanted bigger infrastructure spending than Biden), stimulus spending, and lobbying for lower federal reserve rates—you’d be right. Outside of that his polices on entitlements are mostly inline with well-known inflation-fighters Bernie’s and Liz Warren’s.
And yet the rate of inflation was under 2% when Trump left office. There is something to be said for supply side economics.
Posted on 3/3/24 at 2:41 pm to davyjones
quote:listing out his policies is "arbitrary"?
I don’t mean this disrespectfully, but those are just more arbitrary statements
Posted on 3/3/24 at 2:44 pm to Auburn1968
quote:That's because Trump didn't implement most of those inflationary policies. Hell, he delayed the tariffs package so "American's could have a nice Christmas". If that doesn't tell you it's inflationary--I'm not sure what will?
And yet the rate of inflation was under 2% when Trump left office.
quote:WHat part of "supply side economics" includes choking off the supply of goods?
There is something to be said for supply side economics.
Posted on 3/3/24 at 3:04 pm to stormyhog
quote:
2019
Supreme Court…..at least keep it somewhat conservative for the rest of my life. That’s basically the reason I vote
Yes that's what we need is a conservative court to continue taking away our rights bestowing them to corporations....awsome
Posted on 3/3/24 at 3:18 pm to oklahogjr
quote:
taking away our rights
What rights did you lose, Karen?
Posted on 3/3/24 at 3:41 pm to Auburn1968
quote:
Trump will strongly foster oil and gas production which underlies a lot of the supply chain inflationary pressures. Undoing Biden's stupid energy policies
US production of crude oil and natural gas is currently at all-time highs. Biden reversed his administration's early policies because of the war in Ukraine and accompanying concerns for global supply. In fact -- and this is actually true -- we're currently the world's leading producer of crude oil, and we are out-producing both Saudi Arabia and Russia.
Posted on 3/3/24 at 3:41 pm to RogerTheShrubber
quote:
rights did you lose, Karen?
All the rights that the court said we're inherent in the original roe v wade ruling.
Posted on 3/3/24 at 3:50 pm to TxTiger82
quote:
we're currently the world's leading producer of crude oil
And we're doing all of this while also leading the world in renewable energy growth. Basically, the United States is the world leader in all forms of energy right now except for maybe nuclear (which is fine because it is the most expensive by far).
Posted on 3/3/24 at 4:22 pm to oklahogjr
quote:
All the rights that the court said we're inherent in the original roe v wade ruling.
Sorry you can't murder babies as easily as you could before.
Don't worry, the Biden Administration is allowing invaders from the South who will do it post birth.
Posted on 3/3/24 at 4:55 pm to TxTiger82
quote:
US production of crude oil and natural gas is currently at all-time highs.
Imagine what it would be if dems weren't trying to shut it off to "fight climate change."
Current production levels exist despite Biden's obstructions.
Posted on 3/3/24 at 5:00 pm to oogabooga68
quote:
Sorry you can't murder babies as easily as you could before.
Don't worry, the Biden Administration is allowing invaders from the South who will do it post birth.
Read the brief it's bigger than that. Sorry you like big government making decisions for people. fricking commie scum
Posted on 3/3/24 at 5:09 pm to Violent Hip Swivel
Oh lawd! Smh
What ifs??????
If a frog had wings it wouldn't bump his arse every time it jumped!
Try harder.
What ifs??????
If a frog had wings it wouldn't bump his arse every time it jumped!
Try harder.
Posted on 3/3/24 at 6:12 pm to Violent Hip Swivel
You can't unprint trillions of dollars, once you deport millions of illegals and stop funding foreign wars, put huge tariffs on chinese goods, then wages will have to rise and more citizens will become employed.
Posted on 3/3/24 at 6:15 pm to TxTiger82
quote:
Biden reversed his administration's early policies
Yes his policies fricked the country and he was forced to change some of them. We are only just now producing the amount of oil we were in 2019.
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