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re: Zillow report illuminates how bad things have gotten under Biden.

Posted on 3/17/24 at 8:21 am to
Posted by Mad Dog Droopy
Member since Mar 2024
61 posts
Posted on 3/17/24 at 8:21 am to
quote:

Trump and Biden literally each printed trillions for Covid spending.
Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.

Higher fuel prices drive up everything.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423567 posts
Posted on 3/17/24 at 8:25 am to
quote:

Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.

Sure, but that has almost no impact in the big picture.

quote:

Higher fuel prices drive up everything.

Sure, but in terms of total spending, that increase is 1% or less of the inflation.
Posted by windhamtiger
Gonzales
Member since Sep 2022
135 posts
Posted on 3/17/24 at 8:29 am to
Mad dog you are spot on and so many people miss this point. I am a manager of a grocery store and as soon as Biden signed the executive order to stop The Keystone pipeline oil futures immediately started going up and the transportation costs went higher and trickled right on down to the consumer and prices have not gone down
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261692 posts
Posted on 3/17/24 at 9:46 am to
quote:


Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.



2020 was one big step, every bit of extra inflation comes from shutting down the economy then paying people to stay at home.

Inflation is a lagging indicator.
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