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Democrats control the House, Senate and White House...

Posted on 10/26/21 at 7:02 pm
Posted by BradPitt
Where the wild things are
Member since Nov 2009
13389 posts
Posted on 10/26/21 at 7:02 pm
And as we tried to warn these gender confused penis addicts, the people can't afford gas, groceries, their bills, etc. They're making the entire country as expensive as their wallet crippling states are.

Earth to retards: stop voting fricking Democrat and you won't need a $50/hr minimum wage to survive.
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 10/26/21 at 7:19 pm to
They suck as well
Posted by AmericanPsycho99
Member since Sep 2021
121 posts
Posted on 10/26/21 at 7:24 pm to
How many times does this have to be repeated?

There's plenty of things Biden should be criticized for.

Gas prices are rising globally. It has very little to do with Biden.

Groceries and bills are rising because asset prices have been inflated through quantitative easing. The Federal Reserve has brought over $4.5 trillion in securities over the past year, which has increased the price of bonds and lowered bond yields. This was occurring under both Trump and Biden. The Federal Reserve has not wanted to raise interest rates because they've wanted to encourage borrowing to stop markets from crashing.

This has very little to do with Biden but America's addiction to low interest rates.


Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 10/26/21 at 7:26 pm to
quote:

AmericanPsycho99



Ok, Mr. Money.

Have you ever voted for a Democrat?
Posted by Dawg7730
Member since Mar 2021
1823 posts
Posted on 10/26/21 at 7:26 pm to
Wrong…it’s a result of bad policy by Biden and this administration. Damn you people have short memories.
Posted by msudawg1200
Central Mississippi
Member since Jun 2014
9406 posts
Posted on 10/26/21 at 7:28 pm to
quote:

How many times does this have to be repeated? There's plenty of things Biden should be criticized for. Gas prices are rising globally. It has very little to do with Biden. Groceries and bills are rising because asset prices have been inflated through quantitative easing. The Federal Reserve has brought over $4.5 trillion in securities over the past year, which has increased the price of bonds and lowered bond yields. This was occurring under both Trump and Biden. The Federal Reserve has not wanted to raise interest rates because they've wanted to encourage borrowing to stop markets from crashing. This has very little to do with Biden but America's addiction to low interest rates.


horseshite. That stupid potato and your Communist Party caused this shite. Own it bitch.
Posted by panama city tigerfan
panama city florida
Member since Sep 2003
1259 posts
Posted on 10/26/21 at 7:29 pm to
Psycho is as out of touch as the rest of the liberal loonies.
Posted by CGSC Lobotomy
Member since Sep 2011
79980 posts
Posted on 10/26/21 at 7:30 pm to
Once you have been on the job 30 days, you don't get to blame your predecessor anymore.

The reason things suck? Brandon
Posted by AmericanPsycho99
Member since Sep 2021
121 posts
Posted on 10/26/21 at 7:32 pm to
Politifact markes 'Joe Biden causing inflation' as mostly false

This is basic economics.

2/3 of government spending was in 2020.

You're not going to see inflation from any spending Biden's done 3 months after a bill is passed. If spending was the cause of inflation, it would be from spending passed more than a year ago.

quote:

"Estimates of the effects of government spending in earlier years typically find a lag of a year or two between the spending and any noticeable effect on inflation," Klenow said.


Klenow is a professor of Economics at Stanford University.

This post was edited on 10/26/21 at 7:33 pm
Posted by roadGator
Member since Feb 2009
139785 posts
Posted on 10/26/21 at 7:33 pm to
Apparently he’s a recent finance grad. He’s super smert.
Posted by AmericanPsycho99
Member since Sep 2021
121 posts
Posted on 10/26/21 at 7:33 pm to
quote:

Once you have been on the job 30 days, you don't get to blame your predecessor anymore.



I don't think it's his predecessor's fault either.

Central banks have caused this which is why inflation is occurring globally.

Posted by AmericanPsycho99
Member since Sep 2021
121 posts
Posted on 10/26/21 at 7:35 pm to
I'm not a finance grad.

I'm working at a fixed income fund so mainly trading asset-backed securities and bonds.

Posted by burger bearcat
Member since Oct 2020
8827 posts
Posted on 10/26/21 at 7:36 pm to
quote:

This is basic economics.


I'm not going to get very deep on this.

You know as well as I do, if Trump was still om office the supply chain would be running great and gas at the pump would be low.
Posted by BFIV
Virginia
Member since Apr 2012
7709 posts
Posted on 10/26/21 at 7:40 pm to
quote:

Gas prices are rising globally. It has very little to do with Biden.


I could care less how much gas costs the rest of the world. That's their problem. We were self sufficient in oil and energy this time last year and gas was $1.75/gal or thereabout nationally. Trump's energy policy helped make that possible. Yes, Biden bears a lot of the blame after reversing Trump's energy policy. You did this, Joe. Now own it.
Posted by Sneauxghost
Member since Sep 2020
1080 posts
Posted on 10/26/21 at 7:45 pm to
We are seeing why liberalism has been labeled a mental disease.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50306 posts
Posted on 10/26/21 at 7:47 pm to
quote:

Gas prices are rising globally. It has very little to do with Biden.



Wrong. In the USA it is 100% because of Biden. We were oil independent. What is happening globally should have had no effect on us whatsoever.
Posted by Dawg7730
Member since Mar 2021
1823 posts
Posted on 10/26/21 at 7:48 pm to
quote:

Klenow is a professor of Economics at Stanford University.


Of course they’re not going to blame their own. You people are mental midgets.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50306 posts
Posted on 10/26/21 at 7:48 pm to
quote:

Politifact




You're an idiot, kid. You don't have the first clue what you're talking about and are clearly incapable of thinking for yourself.
This post was edited on 10/26/21 at 7:49 pm
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37595 posts
Posted on 10/26/21 at 7:51 pm to
quote:

Estimates of the effects of government spending in earlier years typically find a lag of a year or two between the spending and any noticeable effect on inflation," Klenow said.


Yet Biden and the Democrats are insisting on doubling down.

And energy prices and prices in general aren't being helped by their hostility to the industry and their central planning
Posted by Cuz413
Member since Nov 2007
7241 posts
Posted on 10/26/21 at 7:51 pm to
quote:


I don't think it's his predecessor's fault either


How about democrat governors keeping their states locked down even when other states resumed business? Some with little to no restrictions. Then congress deciding to hand out money they didn't have.

Couple that up with anti energy policies and rhetoric from Biden.

But mostly Democratic governors.
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