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Bloomberg Says Biden Surge In Gas Prices ‘Isn’t as Painful as It Looks’.. and here is why

Posted on 7/1/22 at 12:30 pm
Posted by Jjdoc
Cali
Member since Mar 2016
53416 posts
Posted on 7/1/22 at 12:30 pm
Still trying hard aren't they.


quote:

The billionaire Bloomberg propaganda outlet wants us to know that “The Surge in Gas Prices Isn’t as Painful as It Looks.”

That’s the actual headline over there.

The reasoning? Get this: “Fuel expenditures aren’t taking up a greater share of consumer spending than they normally do.”












LINK
Posted by timdonaghyswhistle
Member since Jul 2018
16266 posts
Posted on 7/1/22 at 12:31 pm to
Bloomberg is synonymous with pushing whatever bullshite the left is selling.
Posted by Lsut81
Member since Jun 2005
80060 posts
Posted on 7/1/22 at 12:32 pm to
quote:

Fuel expenditures aren’t taking up a greater share of consumer spending than they normally do.”


Well when everything is up 15-40%, the ratios are going to remain similar, couple that with people driving less bc of it.

The left is full of morons
Posted by EasterEgg
New Orleans Metro
Member since Sep 2018
4810 posts
Posted on 7/1/22 at 12:34 pm to
It doesn't get much dumber than that. I wonder if these people cringe before they click publish.
Posted by The Eric
Louisiana
Member since Sep 2008
20976 posts
Posted on 7/1/22 at 12:37 pm to
If you have to explain to me how something isn’t bad, then it must be bad.


No one has ever had to tell me that free samples at Sam’s Club isn’t bad.

No one has ever had to tell me that Buy One Get One Free at the local farmers’ market isn’t bad.

No one has had to tell me that Happy Hour at Walkon’s isn’t bad.


Posted by dgnx6
Baton Rouge
Member since Feb 2006
68302 posts
Posted on 7/1/22 at 12:39 pm to
Lol our waste pickup just saw a 19% increase after already going up 5% in march.

This is affecting everyone.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67511 posts
Posted on 7/1/22 at 12:41 pm to
I'm sure it is hardly noticeable if you are a multi-billionaire.
Posted by BobBoucher
Member since Jan 2008
16686 posts
Posted on 7/1/22 at 12:41 pm to
quote:

This is affecting everyone.


“bullshite. This is just your imagination” - MSM.
Posted by NineLineBind
LA....no, the other one
Member since May 2020
6861 posts
Posted on 7/1/22 at 12:41 pm to
Yep, gas price increase is a rising tide that lifts all expenses.
Posted by Lawyered
The Sip
Member since Oct 2016
29188 posts
Posted on 7/1/22 at 12:43 pm to
Incredibly out of touch

The media is such a joke and should be the first thing dissolved
Posted by TigerIron
Member since Feb 2021
3017 posts
Posted on 7/1/22 at 12:51 pm to
(no message)
This post was edited on 8/29/22 at 10:40 am
Posted by Quidam65
Q Continuum
Member since Jun 2010
19306 posts
Posted on 7/1/22 at 12:51 pm to
Gas prices have been dropping somewhat. Still, it's a pain compared to two years ago.
Posted by themunch
Earth. maybe
Member since Jan 2007
64557 posts
Posted on 7/1/22 at 12:53 pm to
Hold on one minute there bud.
Posted by Jack Bauers HnK
Baton Rouge
Member since Jul 2008
5699 posts
Posted on 7/1/22 at 12:58 pm to
quote:

Yep, gas price increase is a rising tide that lifts all expenses.


A little trickle-up economics, if you will.
Posted by SuperOcean
Member since Jun 2022
3138 posts
Posted on 7/1/22 at 1:02 pm to
I made a trip to my parents last wknd. 11 hrs RT. Cost me 175. Two years ago that cost 90 less. I will go see them 2 to 3x more this year and considering I've been there 2x ... I'm out 450 to 500 just on going to see my elderly parents. Joe Biden Uniting America

Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64327 posts
Posted on 7/1/22 at 1:23 pm to
quote:

“Fuel expenditures aren’t taking up a greater share of consumer spending than they normally do.”


Imagine being stupid enough to not see the problem with this “logic”.
Posted by Figgy
CenCal
Member since May 2020
7120 posts
Posted on 7/1/22 at 1:41 pm to
quote:

Bloomberg is synonymous with pushing whatever bullshite the left is selling.

You should watch the European Close show. They go after joe and his policies regularly and how they impact us and Europe. Other than that I’d agree with your statement.
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 7/1/22 at 1:51 pm to
quote:

Bloomberg Says Biden Surge In Gas Prices ‘Isn’t as Painful as It Looks’

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