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Started By
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re: Zillow report illuminates how bad things have gotten under Biden.
Posted on 3/17/24 at 9:39 am to BamaCoaster
Posted on 3/17/24 at 9:39 am to BamaCoaster
quote:
Groceries aren’t tied to inflation numbers.
So the next time you are at the grocery store or gas station....you stand defiantly and say "my govt does not include these items in inflation and Im not paying it".........Get back to us on how that goes
Im kidding, but that always annoyed me. Then the answer from the govt, "those items are too volatile to include"
Isnt that what inflation is supposed to measure????
This post was edited on 3/17/24 at 10:02 am
1
Posted on 3/17/24 at 10:19 am to trinidadtiger
The tsunami (not ripple) effect on consumer prices with an increase in fuel price is just that. It affects all aspects of our economy, all.
As an example, look at the price of wheat per bushel in the commodities market versus what you pay for a loaf of bread?
The price under Biden versus where it was trending with Trump was easily 100million a day, filtered through the economy closer to half a billion, so yes the new policies added trillions to cost.
Now consider other factors. People tout how we are pumping more than ever, thats akin to saying LSU won and Burrow was out injured.....what would they have won by had he been in the game???? Biden destroyed so many policies from drilling to pipelines, not only did he stop the projects, he scared a lot of capital off shore to places like Guyana, who is gonna invest in a long term project in the US when they are inventing green policies and taxes every week?
As an example, look at the price of wheat per bushel in the commodities market versus what you pay for a loaf of bread?
The price under Biden versus where it was trending with Trump was easily 100million a day, filtered through the economy closer to half a billion, so yes the new policies added trillions to cost.
Now consider other factors. People tout how we are pumping more than ever, thats akin to saying LSU won and Burrow was out injured.....what would they have won by had he been in the game???? Biden destroyed so many policies from drilling to pipelines, not only did he stop the projects, he scared a lot of capital off shore to places like Guyana, who is gonna invest in a long term project in the US when they are inventing green policies and taxes every week?
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