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Index » Regional/Local » USA/Canada » Joe Biden Page: 1, 2, 3 ... 46, 47, 48  Next
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KurtfromLaQuinta

KurtfromLaQuinta Avatar

Location: Really deep in the heart of South California
Gender: Male


Posted: Dec 5, 2021 - 6:07pm

 Manbird wrote:


so get beans on toast instead
I remember when you could get a burger at McDonalds for .15.


Manbird

Manbird Avatar

Location: Owl Creek Bridge
Gender: Male


Posted: Dec 5, 2021 - 4:18pm

 rgio wrote:

So let's appreciate what you're saying....Janet Yellen, the Fed chair that Trump replaced (after suggesting she wasn't tall enough for the job...) with the guy who's been printing money 24/7 and now has a $9 Trillion dollar balance sheet at the Fed...is your proof it's Biden's fault?  

Trump poured the lighter fluid, struck the match, lit the flames, waited to call the fire department, and now wants to complain Biden can't put the fire out.

RE: inflation...it's running really hot here vs. Europe for example, but it has to balance out over time.  That said...prices aren't going back to pre-Covid pricing for most things.  Housing...cars...some things might retreat, but those $15 burgers are here to stay.  


so get beans on toast instead
westslope

westslope Avatar

Location: BC sage brush steppe


Posted: Dec 5, 2021 - 4:18pm

 ScottFromWyoming wrote:


So my question is... "inflation" means they won't be $15 next year, but $17 and over $20 before the next presidential election. If they stay at $15 and housing prices stabilize, then inflation was indeed transitory and these were just corrections, no?

Mostly transitory unless inflation expectations change.  That is a risk.  An earlier, faster reduction in bond purchases, as signalled, may help to keep inflation expectations anchored.

Was playing with COVID-19 per capita death rates on the Financial Times website.  US death rates rates are shooting up.  But not so much in the four largest, most economically important states.

Nevertheless, it looks like US economic growth is slowing or will slow but by how much remains to be seen.  A near-term slowdown will help tame this kind of measured inflation and help keep pressure off of oil prices.  







ScottFromWyoming

ScottFromWyoming Avatar

Location: Powell
Gender: Male


Posted: Dec 5, 2021 - 11:57am

 rgio wrote:

RE: inflation...it's running really hot here vs. Europe for example, but it has to balance out over time.  That said...prices aren't going back to pre-Covid pricing for most things.  Housing...cars...some things might retreat, but those $15 burgers are here to stay.  


So my question is... "inflation" means they won't be $15 next year, but $17 and over $20 before the next presidential election. If they stay at $15 and housing prices stabilize, then inflation was indeed transitory and these were just corrections, no?
westslope

westslope Avatar

Location: BC sage brush steppe


Posted: Dec 5, 2021 - 10:18am

How the Build Back Better Act Could Backfire on Democrats - The Atlantic
Will tax cuts for the rich really help Joe Biden’s party in the midterms?


SALT in the wounds
The Democrats’ fiscal policy makes a mockery of their progressive pledges
  - The Economist
It is regressive and self-defeating

Lazy8

Lazy8 Avatar

Location: The Gallatin Valley of Montana
Gender: Male


Posted: Dec 2, 2021 - 8:24pm

 kurtster wrote:
So Biden is blameless regarding the current state of our economy.  It is all Trump's fault.  Got it.

I blame Biden for following Trump's policies on trade, spending, and (to a large degree) immigration. So no, Biden is terrible. He deserves a lot of blame. He was sold as knowing better, and he clearly doesn't.

kurtster

kurtster Avatar

Location: where fear is not a virtue
Gender: Male


Posted: Dec 2, 2021 - 7:15pm

 rgio wrote:
 kurtster wrote:

You obviously have not been listening to Fed Chair Powell.  Even what's her face Yellen, his predecessor has finally fessed up ...
.
Janet Yellen says it’s time to stop calling inflation ‘transitory.’ {#Roflol}

So let's appreciate what you're saying....Janet Yellen, the Fed chair that Trump replaced (after suggesting she wasn't tall enough for the job...) with the guy who's been printing money 24/7 and now has a $9 Trillion dollar balance sheet at the Fed...is your proof it's Biden's fault?   Trump poured the lighter fluid, struck the match, lit the flames, waited to call the fire department, and now wants to complain Biden can't put the fire out. RE: inflation...it's running really hot here vs. Europe for example, but it has to balance out over time.  That said...prices aren't going back to pre-Covid pricing for most things.  Housing...cars...some things might retreat, but those $15 burgers are here to stay.  
 
So Biden is blameless regarding the current state of our economy.  It is all Trump's fault.  Got it.
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Dec 2, 2021 - 3:28pm

 kurtster wrote:

You obviously have not been listening to Fed Chair Powell.  Even what's her face Yellen, his predecessor has finally fessed up ...
.
Janet Yellen says it’s time to stop calling inflation ‘transitory.’

{#Roflol}


So let's appreciate what you're saying....Janet Yellen, the Fed chair that Trump replaced (after suggesting she wasn't tall enough for the job...) with the guy who's been printing money 24/7 and now has a $9 Trillion dollar balance sheet at the Fed...is your proof it's Biden's fault?  

Trump poured the lighter fluid, struck the match, lit the flames, waited to call the fire department, and now wants to complain Biden can't put the fire out.

RE: inflation...it's running really hot here vs. Europe for example, but it has to balance out over time.  That said...prices aren't going back to pre-Covid pricing for most things.  Housing...cars...some things might retreat, but those $15 burgers are here to stay.  
NoEnzLefttoSplit

NoEnzLefttoSplit Avatar

Gender: Male


Posted: Dec 2, 2021 - 3:15pm

ECB has also come out on the side of transitory. Personally, I'm not convinced either, but time will tell.  Main point is, the global economy has taken a tremendous hit coming out of left field and the effects are still reverberating around the world's markets. It will take a while to settle. 
kurtster

kurtster Avatar

Location: where fear is not a virtue
Gender: Male


Posted: Dec 2, 2021 - 3:06pm

 Steely_D wrote:
 kurtster wrote:

 Inflation is now officially a permanent thing.  It is no longer to be considered transitory.


It's obviously being caused by an economy that's rebounding and ready to participate - but the supply chain prevents it. So, costs of available goods and services rise in the face of lack of supply. Is that permanent? Not in the real world.
 
You obviously have not been listening to Fed Chair Powell.  Even what's her face Yellen, his predecessor has finally fessed up ...
.
Janet Yellen says it’s time to stop calling inflation ‘transitory.’

{#Roflol}

Steely_D

Steely_D Avatar

Location: Biscayne Bay
Gender: Male


Posted: Dec 2, 2021 - 2:50pm

 kurtster wrote:

 Inflation is now officially a permanent thing.  It is no longer to be considered transitory.


It's obviously being caused by an economy that's rebounding and ready to participate - but the supply chain prevents it. So, costs of available goods and services rise in the face of lack of supply. Is that permanent? Not in the real world.



Steely_D

Steely_D Avatar

Location: Biscayne Bay
Gender: Male


Posted: Dec 2, 2021 - 2:48pm

 kurtster wrote:

The Fauci / Harris / Biden administration has just been caught playing god, again.  Their federal vaccine mandate has effectively been killed nationwide by several different federal judges.


Writing legislation to help protect Americans against a (for now) preventable fatal respiratory infection is "playing god"? Sounds like straightforward public health policy, like the other requirements to protect against communicable diseases amongst our nation's citizens. Weird to be against that, unless you're wanting people to get sick and die. And who wants that?

In a different arena, actively writing and passing legislation forcing the closure of abortion clinics isn't "playing god"? What kind of playing is it?

VV

VV Avatar

Gender: Male


Posted: Dec 2, 2021 - 10:37am

 kurtster wrote:

The Fauci / Harris / Biden administration has just been caught playing god, again.  Their federal vaccine mandate has effectively been killed nationwide by several different federal judges.

A snowball's chance in hell of getting reinstated in the SCOTUS.

Meanwhile he has yet to follow court orders and reinstate the Remain in Mexico Policy.

But wait, there's more.  Inflation is now officially a permanent thing.  It is no longer to be considered transitory.

Carter will live long enough to see someone do worse than him and make an even bigger mess than he did.


Yup, the 45th president put that argument to rest. 👍

kurtster

kurtster Avatar

Location: where fear is not a virtue
Gender: Male


Posted: Nov 30, 2021 - 11:24pm

The Fauci / Harris / Biden administration has just been caught playing god, again.  Their federal vaccine mandate has effectively been killed nationwide by several different federal judges.

A snowball's chance in hell of getting reinstated in the SCOTUS.

Meanwhile he has yet to follow court orders and reinstate the Remain in Mexico Policy.

But wait, there's more.  Inflation is now officially a permanent thing.  It is no longer to be considered transitory.

Carter will live long enough to see someone do worse than him and make an even bigger mess than he did.
Red_Dragon

Red_Dragon Avatar



Posted: Nov 18, 2021 - 9:37am

 ScottFromWyoming wrote:


No no no that can't be; he's singlehandedly killed the oil and coal and gas industries, didn't you hear? Drilling in Wyoming is way up, but when I mention that, people come back with some reason that's not a valid rebuttal to the Plain Fact That Biden Killed America™


I have some dental floss leases you may be interested in...
ScottFromWyoming

ScottFromWyoming Avatar

Location: Powell
Gender: Male


Posted: Nov 18, 2021 - 9:35am

 Red_Dragon wrote:

No no no that can't be; he's singlehandedly killed the oil and coal and gas industries, didn't you hear? Drilling in Wyoming is way up, but when I mention that, people come back with some reason that's not a valid rebuttal to the Plain Fact That Biden Killed America™
Red_Dragon

Red_Dragon Avatar



Posted: Nov 18, 2021 - 5:09am

The Biden administration sold oil and gas leases days after the climate summit
Jiggz



Posted: Nov 2, 2021 - 8:44am

 westslope wrote:

Well, I guess there are lots of violence loving, anti-democratic pieces of human turd floating around.   

Too many of them are simple racist trash.



Oh, spare me that typical lefty response....chucking the rascist, bottom feeder, mouth breather, deplorable, violence loving, anti-democratic, white supremacist, domestic terrorist blah-blah pack of cards down.
Next you'll be claiming to be a victim of something and asking BIll to chuck me off this platform.

So very predictable.

Have a nice day wherever you are, mate.
I hope it goes well for you and yours.

I don't know you but I still feel sad for you.
Be cool.

westslope

westslope Avatar

Location: BC sage brush steppe


Posted: Nov 2, 2021 - 8:13am

Well, I guess there are lots of violence loving, anti-democratic pieces of human turd floating around.   

Too many of them are simple racist trash.
Jiggz



Posted: Nov 2, 2021 - 3:29am

 steeler wrote:


Seems sophomoric.



I'm not sure what you mean...do you mean like the anti-Trump stuff that came before, starting from de Niro forwards. Maybe even before that....'there'll never be a Trump presidency, hahaha'....or 'basket of deplorables'....or Hitler or Nazi or Grifter-in-Chief.......you mean that sort of thing?
Or do you mean the media baking the bullshit into the cake starting in Biden's basement and social media doing the gas torch caramelisation of the sugar on top?

The fact is that, sophomoric or not, it has become something symbolic  to millions of people all over the world that perfectly illustrates a lot of what they see and experience as being wrong in the world today, and Joe Biden is the figurehead symbol of all that that results in.
80-million votes, the most popular president in history...yeh right.
"Let's go, Brandon!"
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