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re: Inflation hits new 40 year high - consumer prices surged another 8.6% in May

Posted on 6/11/22 at 12:36 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138925 posts
Posted on 6/11/22 at 12:36 pm to
And the lefties on this board say we should've locked down even harder and longer
Posted by TDsngumbo
Member since Oct 2011
50771 posts
Posted on 6/11/22 at 12:46 pm to
quote:

This isn't changing till November 6, 2024.

it’s cute that you think the republicans are gonna win in 2024. Dems are gonna let them win this November so they can blame the severe recession on them blocking Biden’s agenda. It’s all by design.
Posted by Froman
Baton Rouge
Member since Jun 2007
38911 posts
Posted on 6/11/22 at 1:25 pm to
quote:

Yes, and the Democrats have had full control of the White House, Senate, and House for the past 18 months


Yep. Democrats have no excuses. They talk so much shite about what changes they want, then don’t do anything when given the power.
Posted by LSUtoBOOT
Member since Aug 2012
20411 posts
Posted on 6/11/22 at 3:38 pm to
Mission accomplished in half the time, congratulations Creepy Joe.

Posted by TigerCoon
Member since Nov 2005
22475 posts
Posted on 6/11/22 at 3:48 pm to
America sneezes and the world catches a cold.
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 6/11/22 at 5:02 pm to
We've been hitting 40 year marks for months now, shouldn't we be at 50 and 60 year highs by now?
Posted by Dr RC
The Money Pit
Member since Aug 2011
61475 posts
Posted on 6/11/22 at 9:07 pm to
quote:

Explain Trump gas prices vs. Biden gas prices to us.


Presidents don't control gas prices. Global markets do that.

This has been gone over a million times here and if you can't understand it at this point you never will.
Posted by bad93ex
Walnut Cove
Member since Sep 2018
36144 posts
Posted on 6/11/22 at 9:16 pm to
quote:

Presidents don't control gas prices. Global markets do that.


Administration policies have a HUGE influence you fricktard.
Posted by member12
Bob's Country Bunker
Member since May 2008
33142 posts
Posted on 6/11/22 at 9:24 pm to
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74863 posts
Posted on 6/11/22 at 9:28 pm to
he campaigned for months stating he would end fossil fuels. you don’t think he’s done anything to fulfill that promise or that his administration has caused problems for the NA O&G market in anyway? you’re being disingenuous or lying
Posted by Oilfieldbiology
Member since Nov 2016
42293 posts
Posted on 6/11/22 at 9:32 pm to
How is it only 8.6%?
Posted by SECdragonmaster
Order of the Dragons
Member since Dec 2013
17446 posts
Posted on 6/11/22 at 9:51 pm to
quote:

Presidents don't control gas prices. Global markets do that.


They could consider drilling for our own reserves and not be so energy dependent on other countries.

Maybe fracking?

Never mind. We need to focus on all the racism and tranny kids. Keep the priorities straight - amiright my comrade?
Posted by jeffsdad
Member since Mar 2007
24884 posts
Posted on 6/11/22 at 10:29 pm to
Voting Democrats are laughing. As long as their green energy gets news, they don't care.
Posted by Asharad
Tiamat
Member since Dec 2010
6344 posts
Posted on 6/11/22 at 10:39 pm to
quote:

Presidents don't control gas prices. Global markets do that.

This has been gone over a million times here and if you can't understand it at this point you never will.


Biden has gone to great lengths to stifle domestic oil production growth, while destroying the international oil markets through foreign policy. What part of this is hard to understand?
Posted by Zapps4Life
Houston
Member since May 2016
450 posts
Posted on 6/11/22 at 10:41 pm to
Folks,
Let’s be honest - it doesn’t matter anymore who’s president or which party is in control. This country has been fleeced - in particular the middle class has been fleeced of its wealth. We have spent trillions of dollars on wars and socialized experiments. We have sold/ given away our technology to the Chinese. I weep for our children as they will be the ones greatest impacted from our failures as a society.

Also- The Federal Reserve will not be audited and Congress sets rules/laws to protect themselves ( see term limits)…



This post was edited on 6/11/22 at 10:46 pm
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 6/11/22 at 10:47 pm to
you'll own nothing, starve to death, and like it!

reminder there is still a formula shortage.
Posted by BigWillyMetry
Member since Dec 2021
1548 posts
Posted on 6/11/22 at 11:06 pm to
Pampers In Chief
Posted by BigWillyMetry
Member since Dec 2021
1548 posts
Posted on 6/11/22 at 11:11 pm to
Even obongo didn’t go this crazy with the stimulus though. Pampers in Chief is on a new level and the Fed now has a 9 trillion dollar unwind to manage (mismanage)
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 6/11/22 at 11:54 pm to
Don't forget Biden increased all the EBT payouts and now Social Security record amounts, thus those already living off the government aren't going to really feel the effect as badly as regular Joes working at a job that they hope to get a 2% raise this year.
This post was edited on 6/11/22 at 11:55 pm
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
43145 posts
Posted on 6/12/22 at 12:14 am to
Inflation is high in every western country and many Asian countries but it's Bidens fault? Energy costs are much higher 8n many countries, I guess that's Bidens fault. I guess ignorance really is bliss.
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