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Started By
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re: Zillow report illuminates how bad things have gotten under Biden.
Posted on 3/17/24 at 8:12 am to SlowFlowPro
Posted on 3/17/24 at 8:12 am to SlowFlowPro
quote:
I'm not blaming him for anything
But you are.
I'm just trying to remind folks that China started this crap.
I doubt that any other person as President would have done much differently...at the time. Hind site 20/20 and all that.
0
Posted on 3/17/24 at 8:18 am to SlowFlowPro
quote:
Sure, but the same applies to Biden.
This is a tomato/tomato scenario.
The green new deal is the reason for almost all the inflation.
That has nothing to do with covid
Posted on 3/17/24 at 8:19 am to ksayetiger
quote:
The green new deal is the reason for almost all the inflation.
No it's not. Barely any money on that shite has been injected into the economy as of today.
quote:
That has nothing to do with covid
Trump and Biden literally each printed trillions for Covid spending.
Posted on 3/17/24 at 8:21 am to SlowFlowPro
quote:Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.
Trump and Biden literally each printed trillions for Covid spending.
Higher fuel prices drive up everything.
Posted on 3/17/24 at 8:25 am to Mad Dog Droopy
quote:
Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.
Sure, but that has almost no impact in the big picture.
quote:
Higher fuel prices drive up everything.
Sure, but in terms of total spending, that increase is 1% or less of the inflation.
Posted on 3/17/24 at 8:29 am to Mad Dog Droopy
Mad dog you are spot on and so many people miss this point. I am a manager of a grocery store and as soon as Biden signed the executive order to stop The Keystone pipeline oil futures immediately started going up and the transportation costs went higher and trickled right on down to the consumer and prices have not gone down
Posted on 3/17/24 at 8:37 am to SlowFlowPro
quote:
Sure, but that has almost no impact in the big picture.
quote:
Sure, but in terms of total spending, that increase is 1% or less of the inflation.
You do not have the intelligence resources to be in this conversation.
Transportation costs are a major factor in the price on the shelf. Your "1%" claim is ludicrous.
Here, I need to update my list, but this is your inflationary acts by China Joe.
Jan 20, 2021: Biden cancels Keystone Pipeline
Jan 27 2021: Biden halts new oil and gas leases
Feb 19, 2021: Biden rejoins Paris Climate Agreement
May 7, 2021: Biden takes 30% of land off limits to oil and gas
June 1, 2021: Biden halts drilling in ANWR
June 30, 2021: Democratic Congress reverses Trump natural gas regulations
Oct 7, 2021: Biden reverses Trump NEPA regulations
Oct 29, 2021: Interior begins "Social Cost of Carbon"
Nov 15, 2021 Moratorium on oil drilling in Chaco Canyon
March 1, 2022: Biden releases oil from the Strategic Petroleum Reserve
March 21, 2022: SEC proposes anti-oil rule
May 12, 2022: Biden cancels all remaining oil and natural gas lease sales
July 6, 2022: News breaks that Biden let 5 million barrels of US reserves sent overseas as gasoline prices stay high.
You need that in graph form?
Posted on 3/17/24 at 8:40 am to Mad Dog Droopy
quote:
Transportation costs are a major factor in the price on the shelf. Your "1%" claim is ludicrous.
How much extra have we paid in petro costs since 2021?
What percentage of the $3.5-4.5T in Covid spending does that addition constitute?
Then you have to calculate what % of that % is caused directly from Biden's policies (and not market conditions)
Posted on 3/17/24 at 8:41 am to SlowFlowPro
quote:
How much extra have we paid in petro costs since 2021?
Do the math.
Fuel was actually lower in my area.
Posted on 3/17/24 at 9:39 am to BamaCoaster
quote:
Groceries aren’t tied to inflation numbers.
So the next time you are at the grocery store or gas station....you stand defiantly and say "my govt does not include these items in inflation and Im not paying it".........Get back to us on how that goes
Im kidding, but that always annoyed me. Then the answer from the govt, "those items are too volatile to include"
Isnt that what inflation is supposed to measure????
This post was edited on 3/17/24 at 10:02 am
Posted on 3/17/24 at 9:43 am to RealDawg
Posted on 3/17/24 at 9:46 am to Mad Dog Droopy
quote:
Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.
2020 was one big step, every bit of extra inflation comes from shutting down the economy then paying people to stay at home.
Inflation is a lagging indicator.
Posted on 3/17/24 at 9:48 am to ksayetiger
quote:
The green new deal is the reason for almost all the inflation.
Nope.
Its going to be part of why inflation stays high in the future though. Joe is just tacking on at this point.
the jump occurred following 2020.
Posted on 3/17/24 at 9:49 am to RogerTheShrubber
quote:
the jump occurred following 2020.
Thanks JB
Posted on 3/17/24 at 9:53 am to SDVTiger
quote:
the jump occurred following 2020.
Thanks JB
He hasnt helped.
But he didnt jump start it.
Posted on 3/17/24 at 9:56 am to RogerTheShrubber
quote:
2020 was one big step, every bit of extra inflation comes from shutting down the economy then paying people to stay at home.
Inflation is a lagging indicator.
Biden owned it from January 2021 on. What did he do? Had Yellen and a host of other people like the MSM lie for the next 18 months about an arbitrary word salad word of "Transitory." Then proceeded to completely FUBAR the supply chains. None of this would have happened under Trump. Hell Biden didn't even officially nominate Powell as chairman of the Fed till November 2021 -- 11 entire months after taking office to kick the can on the transitory bullshite.
Posted on 3/17/24 at 9:58 am to SlowFlowPro
quote:
quote:
The green new deal is the reason for almost all the inflation.
No it's not.
SlowFlo the "conservative"...
Posted on 3/17/24 at 9:59 am to BCreed1
quote:
SlowFlo the "conservative"...
Hes right.
I dont know why youre so proud of your ignorance.
Posted on 3/17/24 at 10:17 am to ApexTiger
quote:
To be fair, is it really his fault
No question that the Covid spending under Trump lit the fire.
But Biden and the Dems poured gasoline on it from the moment they hit the door.
Posted on 3/17/24 at 10:19 am to trinidadtiger
The tsunami (not ripple) effect on consumer prices with an increase in fuel price is just that. It affects all aspects of our economy, all.
As an example, look at the price of wheat per bushel in the commodities market versus what you pay for a loaf of bread?
The price under Biden versus where it was trending with Trump was easily 100million a day, filtered through the economy closer to half a billion, so yes the new policies added trillions to cost.
Now consider other factors. People tout how we are pumping more than ever, thats akin to saying LSU won and Burrow was out injured.....what would they have won by had he been in the game???? Biden destroyed so many policies from drilling to pipelines, not only did he stop the projects, he scared a lot of capital off shore to places like Guyana, who is gonna invest in a long term project in the US when they are inventing green policies and taxes every week?
As an example, look at the price of wheat per bushel in the commodities market versus what you pay for a loaf of bread?
The price under Biden versus where it was trending with Trump was easily 100million a day, filtered through the economy closer to half a billion, so yes the new policies added trillions to cost.
Now consider other factors. People tout how we are pumping more than ever, thats akin to saying LSU won and Burrow was out injured.....what would they have won by had he been in the game???? Biden destroyed so many policies from drilling to pipelines, not only did he stop the projects, he scared a lot of capital off shore to places like Guyana, who is gonna invest in a long term project in the US when they are inventing green policies and taxes every week?
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