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The cost of inflation: by time
Posted on 9/21/22 at 12:29 pm
Posted on 9/21/22 at 12:29 pm
If you consider inflation to be 8.5% (as reported), then consider this.
In any given year, for people who work five days a week, there are 260 work days, not counting holidays and time off.
In order to have the purchasing power that you had last year, if you could, you'd have to work an additional 22 days and be paid for it at the same rate as you are being paid, now. It is like adding another full month of work days just to break even.
How do people on the left continue to support the buffoon currently running this country?
In any given year, for people who work five days a week, there are 260 work days, not counting holidays and time off.
In order to have the purchasing power that you had last year, if you could, you'd have to work an additional 22 days and be paid for it at the same rate as you are being paid, now. It is like adding another full month of work days just to break even.
How do people on the left continue to support the buffoon currently running this country?
8
Posted on 9/21/22 at 12:30 pm to HubbaBubba
Democrat policies have consequences.
Posted on 9/21/22 at 12:31 pm to HubbaBubba
If inflation remains about constant from March 2021 to 4 years from now, everything will cost DOUBLE what it did in 2020
Posted on 9/21/22 at 12:31 pm to HubbaBubba
We were going to have inflation with or without Biden because of the massive COVID relief bills
He certainly isn't helping but it's not all on him
He certainly isn't helping but it's not all on him
Posted on 9/21/22 at 12:36 pm to jnethe1
quote:
Democrat policies have consequences.
Congress policies have consequences.
We can't just pretend it's one sided any more. 95% of D.C. is bending us over a barrel with no lube. They do not respect The People or The Constitution.
I'm in favor of a good old fashioned purge.
Posted on 9/21/22 at 12:37 pm to HubbaBubba
For every $1000 I spend with the so called 8.5% inflation that’s saying I am spending $85 more per $1000? This doesn’t add up one bit about 8.5%. It’s much, much higher. News media and government can feed that BS to someone else but I’m not buying it.
This post was edited on 9/21/22 at 12:39 pm
Posted on 9/21/22 at 12:39 pm to Powerman
quote:
We were going to have inflation with or without Biden because of the massive COVID relief bills
Where does the massive Ukraine relief bills fit into this equation?
Posted on 9/21/22 at 12:40 pm to HubbaBubba
quote:
If you consider inflation to be 8.5% (as reported), then consider this.
In any given year, for people who work five days a week, there are 260 work days, not counting holidays and time off.
In order to have the purchasing power that you had last year, if you could, you'd have to work an additional 22 days and be paid for it at the same rate as you are being paid, now. It is like adding another full month of work days just to break even.
In case you missed potatobrain's tweet on the topic ...
quote:
President Biden
@POTUS
I am sick and tired of trickle-down economics. It has never worked.
We're building an economy from the bottom up and middle out.
9:39 AM · Sep 20, 2022
The White House
Posted on 9/21/22 at 12:55 pm to Powerman
quote:
We were going to have inflation with or without Biden because of the massive COVID relief bills
Biden spending bills are far greater than GOP bills during Trump.
Gas prices since Biden's election have had a ripple effect on the cost of everything due to shipping.
It's not all on him. It's all on the Democrats who tell him what to sign.
Posted on 9/21/22 at 1:10 pm to Powerman
quote:
We were going to have inflation with or without Biden because of the massive COVID relief bills
Look at this idiot right here.
Posted on 9/21/22 at 1:10 pm to HubbaBubba
quote:
How do people on the left continue to support the buffoon currently running this country?
Pride and a lack of integrity.
Posted on 9/21/22 at 1:13 pm to NC_Tigah
You can’t build an economy from the bottom up.
The people at the bottom are typically less affluent… and therefore lack the wealth to fund a start up.
The people at the bottom are typically less affluent… and therefore lack the wealth to fund a start up.
Posted on 9/21/22 at 1:16 pm to jnethe1
Elections have consequences… stolen elections have catastrophic consequences
Posted on 9/21/22 at 1:16 pm to Powerman
quote:
We were going to have inflation with or without Biden because of the massive COVID relief bills
Posted on 9/21/22 at 1:22 pm to Powerman
.
This post was edited on 9/21/22 at 1:23 pm
Posted on 9/21/22 at 2:32 pm to NC_Tigah
quote:
We're building an economy from the bottom up and middle out.
Their entire strategy is NOT to grow the economy, but to take money from rich people and give it to poor people.
Note: That doesn't create more wealth - housing, cars, food, or anything else that people think they can buy with the redistributed wealth.
Posted on 9/21/22 at 2:47 pm to 4LSU2
quote:
Where does the massive Ukraine relief bills fit into this equation?
Well...maybe you'd like to do a size comparison
Posted on 9/21/22 at 2:49 pm to Jax-Tiger
quote:
Their entire strategy is NOT to grow the economy, but to take money from rich people and give it to poor people.
No. The idea is to take from the middle class and rich and make sure it finds its way back into the hands of the extremely rich
Posted on 9/21/22 at 2:59 pm to Powerman
quote:
We were going to have inflation with or without Biden because of the massive COVID relief bills
He certainly isn't helping but it's not all on him
Not sure why this is getting downvoted. Biden is simply the culmination of 15 yrs of poor fiscal policy. Has Biden done anything to make it better? No, but neither did Trump, or Obama, or Bush, etc, etc.....
Posted on 9/21/22 at 3:44 pm to Aubie Spr96
quote:
Not sure why this is getting downvoted. Biden is simply the culmination of 15 yrs of poor fiscal policy. Has Biden done anything to make it better? No, but neither did Trump, or Obama, or Bush, etc, etc.....
Has Biden done anything that has exacerbated the effect though?
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