Harris Inflation Continues Crushing Middle Class – Only Donald Trump Has the Policies to Stop it

[Blisterfinger]

I would hope not. We will see.

45K views · 16K reactions | Former President Donald Trump said during a rally in Uniondale, New York on Wednesday that Vice President Kamala Harris has not connected one American to broadband internet despite billions of dollars spent on the initiati

Former President Donald Trump said during a rally in Uniondale, New York on Wednesday that Vice President Kamala Harris has not connected one American to broadband internet despite billions of...

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[Blisterfinger]

But lowering the price of energy, which never sticks, does not result in lower consumer goods prices.

Yet it does.

 

[jknowgood]

But lowering the price of energy, which never sticks, does not result in lower consumer goods prices.

Why not, energy is important in most businesses. Power for the factories and to run their vehicles. Trains use diesel. Do you know how many products have oil in them. If you use plastic it has products from oil in them. Lower the price of oil, the price of everything goes down.

 

[AsherN]

Why not, energy is important in most businesses. Power for the factories and to run their vehicles. Trains use diesel. Do you know how many products have oil in them. If you use plastic it has products from oil in them. Lower the price of oil, the price of everything goes down.

No. The price may not go up as fast, but it does not go down. If the price of oil was to magically go down to COVID era prices, do you truly believe companies would lower their prices, or would they just be happy for the higher profits?

And the price of oil is not controlled by the US. If the US was to somehow be able to flood the market with enough oil to significantly affect the price per bbl, other producing countries would lower their production to stabilize the price. Plus, there is a lot of places where extraction is only profitable if oil trades at a certain price.

 

[jknowgood]

No. The price may not go up as fast, but it does not go down. If the price of oil was to magically go down to COVID era prices, do you truly believe companies would lower their prices, or would they just be happy for the higher profits?

And the price of oil is not controlled by the US. If the US was to somehow be able to flood the market with enough oil to significantly affect the price per bbl, other producing countries would lower their production to stabilize the price. Plus, there is a lot of places where extraction is only profitable if oil trades at a certain price.

After Katrina the price of everything went up. After oil stabilized the price of goods came down.

 

[AsherN]

After Katrina the price of everything went up. After oil stabilized the price of goods came down.

Katrina was a small local event. The inflation we are now talking about is global. And it is coming back to normal level.

 

[John Edgar Slow Horses]

Link, uptonogood.

 

[Luckyone]

Send 50 million brown cockroaches home to Mexico?
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As always, Trump turns his back on his supporters.

 

[CowboyTed]

hahah what the F? can you not read a graph? Consumer prices increase 1.0 percent in the 12 months ending July 2020 : The Economics Daily: U.S. Bureau of Labor Statistics

Consumer prices increase 1.0 percent in the 12 months ending July 2020​

Jesus...

You said inflation and then quote CPI.... Obviously didn't get a degree in finance...

 

[Blisterfinger]

As always, Trump turns his back on his supporters.


View attachment 1017052

Trump never turns his back on his supporters. He even loves the poorly educated like you.

 

[Luckyone]

Send 50 million brown cockroaches home to Mexico?
View attachment 1016782

 

[BrokeLoser]

View attachment 1017058

Lets fix this…his sons and grandsons turned into latte sipping, pajama pant wearing, suicidal woke white guilt pussy gaming incels on depression and anxiety meds..how do we get his family out of that left concocted fucked up Twilight Zone?

 

[Luckyone]

Lets fix this…his sons and grandsons turned into latte sipping, pajama pant wearing, suicidal woke white guilt pussy gaming incels on depression and anxiety meds..how do we get his family out of that left concocted fucked up Twilight Zone?

You mean to tell me that power capitalism is no longer the aim of the Republicans? How can business owners make money if it costs them more to till the fields, making them have to charge more for their products to make a profit, which in causes inflation to go higher and therefore the consumer will not be able to buy the products, meaning the economy will suffer.

Higher inflation and less production bring recession and even depression. Is that what the Capitalists want?

Don't they prefer to pay less in costs so they can make more money?

I think it is you that is living in a fantasy world where all of your dreams come true but in real life, it is you that becomes a pajama pant wearing white guilt pussy gaming incels on depression and anxiety meds.

 

[Blisterfinger]

Don't they prefer to pay less in costs so they can make more money?

So you're advocating letting slaves pour across our border illegally from the third world for capitalists? That's what you want? How medieval

 

[Lakhota]

 

[struth]

Jesus...

You said inflation and then quote CPI.... Obviously didn't get a degree in finance...

CPI tracks the rate of inflation…you idiot

 

[CowboyTed]

hahah what the F? can you not read a graph? Consumer prices increase 1.0 percent in the 12 months ending July 2020 : The Economics Daily: U.S. Bureau of Labor Statistics

Consumer prices increase 1.0 percent in the 12 months ending July 2020​

Selective as usual...

What happened to the price of Oil from March 2020 to March 2021...

This was the seeds of the Global Inflation...

 

[struth]

Selective as usual...

What happened to the price of Oil from March 2020 to March 2021...

This was the seeds of the Global Inflation...

Selective? Across the board even with crude oil prices increased after harris and xiden took office

Energy prices especially, they literally campaigned on killing the fossil fuel industry

 

[CowboyTed]

After every major tax cut we saw increased tax revenue…because more people are working. So that sort of undermines your claim

Name one major exonomist that believes inflation isn’t caused by govt spending…I’ll wait

Voodoo Economics at play...

Do you know how much that has been debunked...

It is the big con at this stage... A rich guy is telling you that you can get richer if the rich guy can keep more of his money...
Think about that for a while, do you not see the scam?

 

[konradv]

Kumala doesn’t want to “go back” to prosperity.
Trump has an action plan ready to go when he gets in office, he genuinely cares and wants to take concrete actions to make things better.
Kamala can only state the obvious that things are bad and looking at her face when she says the American Dream is becoming more elusive, I see joy. Her joy comes from destroying the dreams and aspirations of the American people because she hates US.
President Trump, on the other hand, is motivated by the joy of helping people. Two kinds of joy: Kamala’s kind that comes from creating chaos and harm, enjoying the “fruits” of her labor; Trump’s kind that comes from implementing policies that help and enable the American people to achieve their dreams and enjoying seeing Americans thrive.

Biden Harris Inflation Continues Crushing Middle Class - Only Donald Trump Has the Policies to Stop it - The Last Refuge

If there is one economic dynamic we have talked about on these pages more than the rest, its inflation. {Background} The root causes of inflation are two-fold, monetary policy and energy policy. However, when combined they represent a predictable outcome. Specifically predictable, when it...

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