Slade3200
Diamond Member
- Jan 13, 2016
- 66,960
- 17,017
- 2,190
Haha, ok got it. Trumps inflation was good, Bidens bad. Excellent analysis!I think he means the bad inflation. The one that kills your buying power
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Unlock unbeatable offers today. Shop here: https://amzn.to/4cEkqYs 🎁
Haha, ok got it. Trumps inflation was good, Bidens bad. Excellent analysis!I think he means the bad inflation. The one that kills your buying power
Where are your facts??? Here are mine!Printing money was absolutely part of the cause for inflation… it was also done by Trump. Perhaps Trumbidenflation is the appropriate term?
There are bad inflation and good inflation. ANy inflation around 2 to 3% is good. Once it gets into the 3% territory, Gov't must take action to cool it down. It may sound funny. OK, do you want your paycheck never to change? It is the same amount for a few years.Haha, ok got it. Trumps inflation was good, Bidens bad. Excellent analysis!
No. It happens in Bidens it's going to be a long dark winter.Inflation happens overnight?
Trump cut taxes. And surprise surprise... MOST tax revenue in history then paid by taxpayersThere are bad inflation and good inflation. ANy inflation around 2 to 3% is good. Once it gets into the 3% territory, Gov't must take action to cool it down. It may sound funny. OK, do you want your paycheck never to change? It is the same amount for a few years.
Trump was just lucky that the number did not go into the dangerous territory.
Inflation doesn’t happen over night bucko. If you don’t think Trumps spending contributed then you are blind and dumbWhere are your facts??? Here are mine!
Under Trump highest was 2.3% lowest 1.4% Biden first year 7% as of today: 8.6%Current US Inflation Rates: 2000-2024
The annual inflation rate for the United States was 3.3% for the 12 months ending May, compared to the previous rate of 3.4%, according to U.S. Labor Department data published on June 12, 2024. The next inflation update is scheduled for release on July 11 at 8:30 a.m. ET, providing information...www.usinflationcalculator.com
The COVID stimulation was enough to restart the economy after 2020.
View attachment 656669
How long do you think it takes for policy decisions to materialize into actual inflation and how long do you think the effects last for?There are bad inflation and good inflation. ANy inflation around 2 to 3% is good. Once it gets into the 3% territory, Gov't must take action to cool it down. It may sound funny. OK, do you want your paycheck never to change? It is the same amount for a few years.
Trump was just lucky that the number did not go into the dangerous territory.
Dude, you are way too deep down the rabbit hole. We are just fine. Come up for airNo. It happens in Bidens it's going to be a long dark winter.![]()
You must remember we are in a transition period to a third-world country.
View attachment 656706
If you contend Trump's spending started the inflation, would you agree thatInflation doesn’t happen over night bucko. If you don’t think Trumps spending contributed then you are blind and dumb
Good question. I do not know, PPE or PPA is not my subject in school. ANyway, I guess almost all Trump policy effects, good or bad, are gone now after the reset ( C19 ).How long do you think it takes for policy decisions to materialize into actual inflation and how long do you think the effects last for?
Inflation was caused by several factors but yes trumps spending absolutely played a part. Tax cuts don’t immediately create tax revenue, they decrease revenue. If additional revenue is realized from tax cuts then it is from higher economic output but that wouldnt come for years down the line as a direct result of tax cuts .If you contend Trump's spending started the inflation, would you agree that
the record tax revenue was due to Trump's tax cuts then?
I know what he did and some are very "outside of the box" too. However, soft-landing is a different breed.Trump cut taxes. And surprise surprise... MOST tax revenue in history then paid by taxpayers
from Trump presidency and paid during Biden. So Biden took the credit!!
Tax cut and Tax revenue is the whole rich nation / poor citizen vs poor nation / rich citizen idea first.Inflation was caused by several factors but yes trumps spending absolutely played a part. Tax cuts don’t immediately create tax revenue, they decrease revenue. If additional revenue is realized from tax cuts then it is from higher economic output but that wouldnt come for years down the line as a direct result of tax cuts .
I'm sure that's a comfort to the little guys who must drive a truck, van or SUV for their small business or to ferry their families around. ^^^ this prissy stuck up attitude is why people hate the left, FU leftists.
Better start ramping up the infrastructure to enable us all to use electric vehicles. Instead of long lines at gas stations, you're going to see long lines at charging stations, as well as a huge problems with the power grids across this country.
As for the current pump prices, as long as your side of the aisle continues this war on fossil fuels, we are going to see high prices, as oil companies seek to maximize their profits in the time they have left to operate.
No la~~~ those years were before Ronald Reagan moved into WH. Ronald Reagan made friends with Saudi (it is a long story) to solve the USSR and Oil prices. Now, Biden undo what Ronald did, and US is back to the '70s
Just curious what does "goguing" mean?Okay, guy, any day on the road, I'm seeing dozens of Gas-guzzling SUV's with only one person in them. So that one just doesn't fly.
So how did even an "SUV" become a thing? Well, it became a thing because in the 1990's, they passed new laws requiring fuel efficiency standards for cars, but left a carve out for "SUV", which were then only a small portion of the market for people who were into off-roading. So suddenly the car makers were marketing SUV's to suburban moms who were never going to get anywhere NEAR a non-paved road.
MEANWHILE in Europe, they invested in fuel efficient vehicles, and even though they are paying something like $10.00 a gallon for gas, it's just not as big of a deal for them. Imagine that.
That sounds like a good reason for the government to crack down on their abuses, then.
So we hurt the feelings of fossil fuel companies, and they are goguing us at the pump?
It isn't a long story at all. The Saudis looked at people in the West openly discussing alternative energy, and realized that they needed to open the spigots to keep us dependent on oil.
None of that matters, only your EXPOSED prissy elitist punk 'screw the poor and middle class' attitude matters.Okay, guy, any day on the road, I'm seeing dozens of Gas-guzzling SUV's with only one person in them. So that one just doesn't fly.
So how did even an "SUV" become a thing? Well, it became a thing because in the 1990's, they passed new laws requiring fuel efficiency standards for cars, but left a carve out for "SUV", which were then only a small portion of the market for people who were into off-roading. So suddenly the car makers were marketing SUV's to suburban moms who were never going to get anywhere NEAR a non-paved road.
MEANWHILE in Europe, they invested in fuel efficient vehicles, and even though they are paying something like $10.00 a gallon for gas, it's just not as big of a deal for them. Imagine that.
That sounds like a good reason for the government to crack down on their abuses, then.
So we hurt the feelings of fossil fuel companies, and they are goguing us at the pump?
It isn't a long story at all. The Saudis looked at people in the West openly discussing alternative energy, and realized that they needed to open the spigots to keep us dependent on oil.