Core Inflation Rate Highest Since 1981

#27
#27
BowlBrother85 said:
"Joe is crushing it," eh?

Blaming Joe Biden for the current rise of inflation, is either being intellectually dishonest, as many Republicans in Congress are, or it is being ignorant of the fiscal calendar. I could see it being either one of those with you. I have seen dishonesty, partisanship and ignorance on full display in equal share from your posts.

Once again... obviously, the Biden administration is about to make the problem of inflation much worse, but you are ignorant if you don't understand how appropriations bills which were signed into law while Donald Trump was President, are mostly responsible for this increase in inflation that we are currently seeing in 2021. Regardless of who won the 2020 Presidential Election, inflation was going to be on the rise right now. That has been evident since the fall of 2019, which was before the COVID-19 pandemic even began.

So, I will direct this question one more time towards the party of hypocrites, who only pretend to care about inflation and being fiscally responsible, when a Democrat is President :

QUESTION :

Where was this outrage over President Donald Trump's budget proposals, and the over-sized spending packages which he signed into law?

ANSWER :

There was NONE ... because it's not something you truly care about, unless you think you can use it as a weapon to attack a Democratic Party President with.
Click to expand...
There was some from the people who actually cared, and then the Dems spouted it off too. Funny it's gone now from the Dem platform.
 
  • Like
Reactions: McDad
#28
#28
Velo Vol said:
You think above-average inflation is only happening in America?
Click to expand...

Your deflections for supporting these policies are amusing. Whether or not the rest of the World takes part in the same monetary policies is irrelevant to the decisions our current political leaders continue to make
 
  • Like
Reactions: walkenvol
#31
#31
landscapingvol said:
Your deflections for supporting these policies are amusing. Whether or not the rest of the World takes part in the same monetary policies is irrelevant to the decisions our current political leaders continue to make
Click to expand...
Look at autos. A lot of US production has been scaled back because plants can't buy enough chips made in Asia. How is that Biden's fault?
 
  • Like
Reactions: ClearwaterVol
#32
#32
Velo Vol said:
Look at autos. A lot of US production has been scaled back because plants can't buy enough chips made in Asia. How is that Biden's fault?
Click to expand...

It isn't but his obsession with continuing unwarranted and unaffordable tax credit payments with plans to spend an additional 3.5 trillion is absolutely his fault and are/will compound inflation to untenable levels for most consumers
 
  • Like
Reactions: AM64 and McDad
#35
#35
Velo Vol said:
Look at autos. A lot of US production has been scaled back because plants can't buy enough chips made in Asia. How is that Biden's fault?
Click to expand...
That doesnt impact inflation.

What's the price of tea in China?
 
#37
#37
BowlBrother85 said:
This problem didn't begin with Trump...

There are so many valid criticisms of Joe Biden's first 8 1/2 months in office (and I totally admit its been one calamity after another), that conservatives/ Republicans/ Trump supporters shouldn't have to use a bogus one, such as blaming him for the current rise of inflation, in order to make the point that Biden's leadership has been somewhere between ineffective and non-existent.
Click to expand...

Oh look whose here to save face for Biden. This administration's policies are edge of the earth stuff which means the cliff is nearby.
 
  • Like
Reactions: AM64 and StarRaider
#38
#38
BowlBrother85 said:
"Joe is crushing it," eh?

Blaming Joe Biden for the current rise of inflation, is either being intellectually dishonest, as many Republicans in Congress are, or it is being ignorant of the fiscal calendar. I could see it being either one of those with you. I have seen dishonesty, partisanship and ignorance on full display in equal share from your posts.

Once again... obviously, the Biden administration is about to make the problem of inflation much worse, but you are ignorant if you don't understand how appropriations bills which were signed into law while Donald Trump was President, are mostly responsible for this increase in inflation that we are currently seeing in 2021. Regardless of who won the 2020 Presidential Election, inflation was going to be on the rise right now. That has been evident since the fall of 2019, which was before the COVID-19 pandemic even began.

So, I will direct this question one more time towards the party of hypocrites, who only pretend to care about inflation and being fiscally responsible, when a Democrat is President :

QUESTION :

Where was this outrage over President Donald Trump's budget proposals, and the over-sized spending packages which he signed into law?

ANSWER :

There was NONE ... because it's not something you truly care about, unless you think you can use it as a weapon to attack a Democratic Party President with.
Click to expand...
There was from the left, they railed against this plenty.... But now some of those same people are quiet now.

The hypocrisy is frustrating but both sides are fully engaged.
 
#39
#39
McDad said:
It is funny how we ascribe results to one president when those results are mostly tied to previous governance. A few examples:
Reagan's economic boom linked to Carter's economic policy. Reagan's debt linked to Tip O'Neill but not vetoed by Ronnie.
Obama phones were an extension of a program enacted under Reagan.
Clinton economy related to dot coms. Clinton fiscal restraint linked to Gingrich.
Obama housing bubble linked to Dodd / Frank under Clinton.

Trump spent a lot. Debt has been increasing exponentially since Bush2. Why did this rapid inflation only come about because of Trump's spending and not other's spending?
Click to expand...

This inflation is linked to supply chain issues and increased money supply.
 
  • Like
Reactions: USAFgolferVol and Velo Vol
#41
#41
ClearwaterVol said:
This inflation is linked to supply chain issues and increased money supply.
Click to expand...
how can we possibly overlook increased labor costs, and increased fuel costs?

This inflation must go all the way back to the 1980s because every president except 1 has added massive amounts of money to supply.
 
  • Like
Reactions: 0nelilreb and AM64
#42
#42
McDad said:
how can we possibly overlook increased labor costs, and increased fuel costs?

This inflation must go all the way back to the 1980s because every president except 1 has added massive amounts of money to supply.
Click to expand...

We always had plenty of supply. Right now we are short on supply and long on cash.
 
#43
#43
KB5252 said:
There was from the left, they railed against this plenty.... But now some of those same people are quiet now.

The hypocrisy is frustrating but both sides are fully engaged.
Click to expand...
That is not true. Democrats not only didn't rail against it, they voted for it. I'm sorry but deficit spending is the wrong issue to accuse Democrats of being hypocrites with.
 
#44
#44
BreatheUT said:
Oh look whose here to save face for Biden. This administration's policies are edge of the earth stuff which means the cliff is nearby.
Click to expand...
If you think that post was defending Biden, then you didn't read it very carefully... or at all. There are plenty of valid criticisms of Biden to be made (like I just damn said!). 2021 rising inflation just isn't among them.
 
#49
#49
ClearwaterVol said:
We always had plenty of supply. Right now we are short on supply and long on cash.
Click to expand...
Your focus in orange, mine in smokey gray.


Here are the major causes of inflation:
  • Demand-pull inflation. Demand-pull inflation happens when the demand for certain goods and services is greater than the economy's ability to meet those demands. ...
  • Cost-push inflation. ...
  • Increased money supply. ...
  • Devaluation. ...
  • Rising wages. ...
  • Policies and regulations.
 
  • Like
Reactions: NorthDallas40, NEO and AM64
#50
#50
McDad said:
If, or because, a president has the ability to impact inflation negatively isn't it also true a president has the ability to impact inflation positively? With both of those holding true, we can rightly criticize Rip Van Biden for not doing anything to ease inflation. Correct?
Click to expand...

We agree on inflation. Some are focused on causes outside DC. Some are focused on causes inside DC.

Why is Biden pursuing legislation which will make inflation worse?
 
  • Like
Reactions: AM64
New posts
You must log in or register to reply here.

VN Store



Back
Top