Election Night (or days, or weeks, or whatever) 2022

LOL. Their perception of his excellent policies. He gave us fake economic growth through government spending, he gave us protectionism, and inflation. Everybody blames Covid for the bad economy, but we were already on the decline.
Change the channel. We know what caused all this
 
So, you enjoy hell? Not being able to meet bills, gas prices rising, coal prices rising, $100 in a grocery store might get you a dinner and lunch now days.
Im good, give me Desantis or Haley and lets move forward.
More afraid to admit they’re wrong
 
So, you enjoy hell? Not being able to meet bills, gas prices rising, coal prices rising, $100 in a grocery store might get you a dinner and lunch now days.
Im good, give me Desantis or Haley and lets move forward.
I've got bad news. You ready?

Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
 
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I've got bad news. You ready?

Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
This is probably true but we will see.

My power company just implemented a 32% increase on bills, which they say averages out to $40 a month........ They swear it is temporary and due to the rising cost of coal, but somehow I feel like the price will never go back down.
 
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Paychecks would go up. Not down like now
Paychecks are going up. Unfortunately, many have to leave current employment to gain increased wages.
Eventually even those tenured employees who don't jump ship will see a CoLA impact in the payroll.
 
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This is probably true but we will see.

My power company just implemented a 32% increase on bills, which they say averages out to $40 a month........ They swear it is temporary and due to the rising cost of coal, but somehow I feel like the price will never go back down.
It won't. In 30 years, gas will be $13 a gallon. Starting wage for unskilled receptionist type work will be $40-$50 an hour. This is simply how the American economy ages.

@AM64 if you don't mind what was the year, hourly pay, and cost of a gallon of gas when you first got a job (even part time or seasonal in school)?

Same Qs for your 1st job out of college?
 
It won't. In 30 years, gas will be $13 a gallon. Starting wage for unskilled receptionist type work will be $40-$50 an hour. This is simply how the American economy ages.
Im not convinced of that. Maybe its just me being naive, but I think if we get a switch in the WH we will get a little relief on prices.
 
Im not convinced of that. Maybe its just me being naive, but I think if we get a switch in the WH we will get a little relief on prices.
I'm sorry. We will not.

Consider your own history of employment and cost of commodities.

In 1987, I made 3.45 an hour at Hardeez (part time in HS) and gas was .80-.90 cents per gallon.
 
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Oblivious voters. Just like 20 percent of Tennesseeans voting to keep slavery an option as a punishment. Surely they either didn't read or understand it, right?


I don't think everyone understood it. Some of that is hard to interpret and sometimes people think there's more to it. Of course some of it is racists that's the nature of human beings. You can't put racism in a box. But when you got long amendments on a voting form some might just say "No" without reading it.
 
Change the channel. We know what caused all this

I mean, it's a fact that government spending is why we had GDP growth immediately preceding the pandemic. What TV channel is telling you that? I would guess none of them, but I don't watch. Trump was pressuring the fed to keep interest rates down to artificially keep the economy moving. He messed with consumer prices (have you heard of the current inflation problem?) and the supply chain with his protectionism. The economy was a house of cards before the pandemic.
 
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Paychecks are going up. Unfortunately, many have to leave current employment to gain increased wages.
Eventually even those tenured employees who don't jump ship will see a CoLA impact in the payroll.

We are in the cycle..if payrolls go up without gained productivity, we and the Feds are screwed.
Going to take Pain to get out of this..and nobody likes pain and the political blame game, in this toxic environment.
Look at who is running this rudderless ship. I anticipate the worst, unless a leader and Congress just say screw my political career, gotta do right by my nation, which aint happening.

Of course to keep this Dollar hegemony, we have to protect our international backers, leading to war, thus further exasperating our debt.
I guess one silver lining in the CC issue, we dont have to War for Oil and the ME..but, we have the resources and tech now anyways. The tech movement in oil production the last 15 years has been phenomenal. Lets just hope the greedy capitalists can emulate this on an EV agenda.
 
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I mean, it's a fact that government spending is why we had GDP growth immediately preceding the pandemic. What TV channel is telling you that? I would guess none of them, but I don't watch. Trump was pressuring the fed to keep interest rates down to artificially keep the economy moving. He messed with consumer prices (have you heard of the current inflation problem?) and the supply chain with his protectionism. The economy was a house of cards before the pandemic.

That is unsubstantiated. Government spending is a drain on the the productivity of our nation. Fact.
 
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I've got bad news. You ready?

Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
I respectfully disagree in many areas. Housing, for example. With the current rate hikes and grossly inflated market, a starter home in west Knoxville will run around $40,000/yr on a 30 year note. That's not sustainable. A realtor today just told me that houses are already staying on the market and prices are falling.

Gas has dropped over a dollar from peak, and beef seems to have come down some, presumedly due to decreased demand. I also saw the best prices on used cars today that I have seen in awhile. People are feeling the crunch and having to pinch their pennies.
 
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I've got bad news. You ready?

Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.

Ehh, IDK about that. Early to mid-2000's gas prices were crazy, and then they came back down. I'm not banking on prices going back to where they were, but it's hard to believe an 18-pack of eggs is going to stay $7.50.
 
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We are in the cycle..if payrolls go up without gained productivity, we and the Feds are screwed.
Going to take Pain to get out of this..and nobody likes pain and the political blame game, in this toxic environment.
Look at who is running this rudderless ship. I anticipate the worst, unless a leader and Congress just say screw my political career, gotta do right by my nation, which aint happening.

Of course to keep this Dollar hegemony, we have to protect our international backers, leading to war, thus further exasperating our debt.
I guess one silver lining in the CC issue, we dont have to War for Oil and the ME..but, we have the resources and tech now anyways. The tech movement in oil production the last 15 years has been phenomenal. Lets just hope the greedy capitalists can emulate this on an EV agenda.
Im sure this is a hot take, but the national debt is kinda overblown. What country is actually going to call us on it? Every country owes another country money nobody is going to call another country without their own debts being called.
 
Elaborate if you've got the juice.
No juice. Just peer reviewed research.

Kamin LJ. African IQ and Mental Retardation. South African Journal of Psychology. 2006;36(1):1-9. doi:10.1177/008124630603600101
(that's a citation).

Enjoy if you can find it.
 
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I respectfully disagree in many areas. Housing, for example. With the current rate hikes and grossly inflated market, a starter home in west Knoxville will run around $40,000/yr on a 30 year note. That's not sustainable. A realtor today just told me that houses are already staying on the market and prices are falling.

Gas has dropped over a dollar from peak, and beef seems to have come down some, presumedly due to decreased demand. I also saw the best prices on used cars today that I have seen in awhile. People are feeling the crunch and having to pinch their pennies.

The crash is going to be unbelievably bad. Especially in a recession as people lose their jobs and have to default or sell at an enormous loss. Of course we know will happen..2009 on steroids in an inflationary environment.
The Feds are stuck in-between a rock and hard place and stop manipulating recessions for political purposes. Nornal recessions are good. Bubble inflated Federal influence recessions turn to 1929 Depressions.
 
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We are in the cycle..if payrolls go up without gained productivity, we and the Feds are screwed.
Going to take Pain to get out of this..and nobody likes pain and the political blame game, in this toxic environment.
Look at who is running this rudderless ship. I anticipate the worst, unless a leader and Congress just say screw my political career, gotta do right by my nation, which aint happening.

Of course to keep this Dollar hegemony, we have to protect our international backers, leading to war, thus further exasperating our debt.
I guess one silver lining in the CC issue, we dont have to War for Oil and the ME..but, we have the resources and tech now anyways. The tech movement in oil production the last 15 years has been phenomenal. Lets just hope the greedy capitalists can emulate this on an EV agenda.
There will be a some increases in productivity.
 
This country has a lot of problems and I don't see it getting any better. You can see the degradation of society before our eyes. There are a long list of reasons Republicans underperformed or the democrats overperformed. Democrats will vote for a single cell organism. People used to have a floor on what kook they would put in office. When people are voting for people who run from debates, hide in basements or can't form complete sentences.
 
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