Consumer Price Index rose 3.2% in October

[otto105]

I guess you’re just clueless as to the costs for borrowing money for mortgage loans, car payments or household appliances.

Latest inflation data shows Americans are still not buying Bidenomics - Roll Call

Americans can see through President Joe Biden’s economic spin when they gas up their vehicles or visit the supermarket.

rollcall.com

Since President Biden took office, prices have increased cumulatively by 17.4 percent, while hourly wages have increased only 13 percent. In looking at the past seven presidents, only Jimmy Carter had a bigger inflation rate, 26.2 percent, at a similar point in his presidency. For the past four presidents, their Presidential Inflation Rate was in single digits, and, specifically, Biden’s PIR is triple that of where Donald Trump (5.6 percent) and George W. Bush (5.4 percent) were at this point in their first terms.

You bring back an opinion poll to refute what?

The PPI report from last week.

Try again

 

[otto105]

See the forward looking stock markets.

BTW lasty, what is the US historical average inflation rate per year?

 

[Lastamender]

See the forward looking stock markets.

BTW lasty, what is the US historical average inflation rate per year?

You do not need to know that to see how bad the economy is.

 

[otto105]

US production does not drive global markets.


From the homework assignment I did for you.

''Even after Biden’s recent messaging shift, his administration continues to advance an aggressive green agenda designed to cut off access to capital for new exploration and strangle the domestic oil industry. ''


''The White House has limited ability to influence the near-term domestic oil and gas production. We do not have national oil companies like Saudi Arabia, Russia, or Venezuela, so Biden must rely on the private sector, which itself is accountable to its shareholders. Those shareholders have grown weary of high investment and low dividends after the rapid growth of the shale sector in the last decade. They now insist on fiscal discipline, limiting how much capital CEOs can invest in new exploration.''

Yup, that has been our response to idiot conservatives and their keystone pipeline bullshit.

 

[justoffal]

Good point..Biden has been bringing gas prices down too.

Good job Biden.

The global commodities market is what has been bringing gas prices down. If you want to thank somebody send a postcard to Saudi Arabia because they control the prices more than anyone else. Should the commodity decide to go sky high there is precious little the President can do about it especially with his current string of twisted foreign policies.

 

[otto105]

You do not need to know that to see how bad the economy is.

HOW BAD IS IT!!!

Hilarious

 

[Hollie]

OPEC greatly influences the global pricing of oil thru its production control. China is leading the world in renewable energy development. It's demand for oil will fall.

Still wishing for that recession which has been 6 months away for two years now.

That’s pretty darn funny.

A few posts prior, you claimed, “OPEC sets pricing for oil…”

Because that nonsense claim was shown to be bogus, you now claim,

OPEC greatly influences the global pricing

China leads the world only in the resources for renewable energy such as mining and production of raw materials. The same resources that Biden has prevented from mining and exploration in the US.

 

[Lastamender]

HOW BAD IS IT!!!

Hilarious

You are the one who looks like a fool. You wear it well.

 

[Hollie]

Yup, that has been our response to idiot conservatives and their keystone pipeline bullshit.

Correct. Energy prices for fossil fuels have been at historic highs because of the foolish green agenda that has largely been a disaster.

Here’s a clue; banning gas stoves is not going to save the planet.

 

[Hollie]

HOW BAD IS IT!!!

Hilarious

It’s hilarious enough to see polls that show Americans see the economy, illegal immigration and rampant crime as top concerns going into the 2024 election.

The economy, illegal immigration and rampant crime are all issues that the Dems / Socialists have made complete disasters of.

 

[otto105]

That’s pretty darn funny.

A few posts prior, you claimed, “OPEC sets pricing for oil…”

Because that nonsense claim was shown to be bogus, you now claim,



China leads the world only in the resources for renewable energy such as mining and production of raw materials. The same resources that Biden has prevented from mining and exploration in the US.

Yeah, greatly influencing the price is pretty much setting it.

It's a monopoly hollie.

 

[otto105]

It’s hilarious enough to see polls that show Americans see the economy, illegal immigration and rampant crime as top concerns going into the 2024 election.

The economy, illegal immigration and rampant crime are all issues that the Dems / Socialists have made complete disasters of.

Hilarious

Do they overcome Choice, Democracy and Climate Change.

 

[Hollie]

Yeah, greatly influencing the price is pretty much setting it.

It's a monopoly hollie.

Pretty much you’re hoping to reduce the absurdity of your nonsense claim and subsequent contradiction.

 

[otto105]

Correct. Energy prices for fossil fuels have been at historic highs because of the foolish green agenda that has largely been a disaster.

Here’s a clue; banning gas stoves is not going to save the planet.

Your energy policies will.

How dirty are you hollie?

 

[Hollie]

Hilarious

Do they overcome Choice, Democracy and Climate Change.

Hilarious. They are top three concerns.

 

[Hollie]

Your energy policies will.

How dirty are you hollie?

Can you post with grownup responses?

 

[otto105]

Pretty much you’re hoping to reduce the absurdity of your nonsense claim and subsequent contradiction.

Hilarious

Was OPEC not a monopoly since its formation? And what do monopolies do hollie.

 

[otto105]

Hilarious. They are top three concerns.

More than concerns.

Have you checked Kansas, Ohio and anywhere else the people have voted on them.

 

[Delldude]

Typical trump cult member.

Trump MAGA didn't hide their faces...................Antifa and the UC feds did....

 

[Delldude]

Hilarious

Was OPEC not a monopoly since its formation? And what do monopolies do hollie.

In this case gasoline for weapons.