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Stolen from Democratic Underground

Posted on 10/26/23 at 9:12 am
Posted by RoosterCogburn585
Member since Aug 2011
1535 posts
Posted on 10/26/23 at 9:12 am

"Thanks a lot Biden

for destroying GOP's hopes for a recession.

Jobs and wages are great. GDP is great. But conservatives are stuck on inflation and gas prices."


It's almost as if they don't understand how an economy works....
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42274 posts
Posted on 10/26/23 at 9:15 am to
quote:

But conservatives are stuck on inflation and gas prices."

It’s amazing that they think these things don’t matter. These things hit Americans right in the wallet. Even if “jobs and wages are great” they start to lose their shine when prices continue to rise and the money a person makes can’t go as far.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51564 posts
Posted on 10/26/23 at 9:15 am to
quote:

It's almost as if they don't understand how an economy works....


They're progressive liberals, they don't understand how anything outside of their reinforced echo chambers work.
Posted by teke184
Zachary, LA
Member since Jan 2007
95274 posts
Posted on 10/26/23 at 9:16 am to
quote:

It's almost as if they don't understand how an economy works....


If people understood economics, they wouldn’t be Democrats.


Inflation and gas prices are indications of what those “good wages” will bring home and the last few years of inflation have been the worst since probably Carter.
Posted by Bunk Moreland
Member since Dec 2010
53256 posts
Posted on 10/26/23 at 9:16 am to
I can't believe Krugman actually posted this.
LINK
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45176 posts
Posted on 10/26/23 at 9:19 am to
You think they know why they don’t have any money even though they have a job?

My uncle can’t figure it out.

“I’ve never made more money than I am right now and yet I never have any money!”

He’s a true blue, lifelong Democrat Prog.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42274 posts
Posted on 10/26/23 at 9:19 am to
quote:

I can't believe Krugman actually posted this.

Inflation can be anything you want when you exclude the places where inflation hits Americans the hardest.
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 10/26/23 at 9:20 am to
quote:

Thanks a lot Biden


I'm glad I don't know these people
Posted by WillyLoman
On Island Time
Member since Dec 2007
1719 posts
Posted on 10/26/23 at 9:22 am to
quote:

Jobs and wages are great.


Just another person that saw the jobs number and didn't dig in to see that full time jobs dropped and part time jobs went up.
Posted by McLemore
Member since Dec 2003
31483 posts
Posted on 10/26/23 at 9:23 am to
quote:

I can't believe Krugman actually posted this.


Food, shelter and energy. Who needs those things???!
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57204 posts
Posted on 10/26/23 at 9:25 am to
quote:

for destroying GOP's hopes for a recession.


We've been in a recession for a while, but Joe's crew just changed the definition of the word.
Posted by Undertow
Member since Sep 2016
7315 posts
Posted on 10/26/23 at 9:31 am to
quote:

Jobs and wages are great. GDP is great. But conservatives are stuck on inflation and gas prices


My annual 2% raise didn’t even keep up with inflation before Biden. My only solace is that my house note will be the same 25 years from now as it is right now. By then, the price of a loaf of bread might catch up with it.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47129 posts
Posted on 10/26/23 at 9:31 am to
quote:

for destroying GOP's hopes for a recession.


No one hopes for a recession, but people with any common sense sees that our economy is precariously teetering on the edge due to current conditions.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47129 posts
Posted on 10/26/23 at 9:32 am to
quote:

My annual 2% raise didn’t even keep up with inflation before Biden. My only solace is that my house note will be the same 25 years from now as it is right now. By then, the price of a loaf of bread might catch up with it.


My insurance policies, Home and Auto, have both increased 25% over the last two years.
Posted by Ribbed
Baton Rouge
Member since Jun 2023
2745 posts
Posted on 10/26/23 at 9:33 am to
I make eleventy million dollars and cheeseburgers only cost five million. Inflation don't matter.
Posted by cadillacattack
the ATL
Member since May 2020
4357 posts
Posted on 10/26/23 at 9:34 am to
Doesn’t matter ….. votes will be decided at the kitchen table….. a table that cuts across all demographic groups

quote:

We've been in a recession for a while


I’m surprised more people haven’t acknowledged this.

And another thing ….. anybody that trusts the economic numbers being published by this administration, especially given the size and breadth of the arrears adjustments they routinely made, …. is simply being naive or willfully ignorant. “They pretend not to know “

This post was edited on 10/26/23 at 9:41 am
Posted by Undertow
Member since Sep 2016
7315 posts
Posted on 10/26/23 at 9:35 am to
quote:

My insurance policies, Home and Auto, have both increased 25% over the last two years.


Yeah I kind of glossed over my increase in homeowners insurance. Luckily my flood insurance only increased by about $30/year.
Posted by L1C4
The Ville
Member since Aug 2017
13166 posts
Posted on 10/26/23 at 9:37 am to
DU posters don't care about the economy.
Just social issues.
Posted by Gus007
TN
Member since Jul 2018
11975 posts
Posted on 10/26/23 at 9:39 am to
Wait until you or your loved ones are sick and go to the emergency room. The real emergency takes place when you are lying on a stretcher and there are no Nurses to see you.
Thanks Fauci, and your Deep State politicians who shite on medical personnel.
Posted by artisticsavant
Member since Mar 2017
5008 posts
Posted on 10/26/23 at 9:40 am to
I've calculated that over the course of a year I make about $300 more than last year. Factor in inflation, expenses and it's taking a hit of about $2,500 more for shite.
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