Inflation accelerates 7.5% in January, hitting a fresh 40-year high

[Missouri_Mike]

What a can of worms you've opened this time Mud!

Pretty soon only the more wealthy American minority will be eating meat as a source of protein. The rest will be turning to a diet of beans, lentils, and other sources.

This is the real reason for the Jan.6th. attempted coup. America's wealth isn't being distributed to the masses, when America's ability to offer a high quality of life is unmatched in the world!

Is this reason applicable to what is happening in Ottawa too? Is Covid just the visible demon to blame while there are other demons that are more responsible?

Maybe we should look to country's qualilty of life and/or freedoms index?

You’ve had a hell of a preview of socialism over the last couple years. How do you like it?

 

[Donald H]

You’ve had a hell of a preview of socialism over the last couple years. How do you like it?

It's working out very well for Canada, but it's not socialism. It's socially responsible capitalism. Canada is one of the world's leaders in 'freedom' and 'quality of life'.

How are you liking your country's 58th. place on 'freedom'?

The 27 countries in the world with the most freedom

Freedom House, an independent watchdog organization, measures freedom in terms of civil liberties and political rights for an annual report.

www.businessinsider.com

 

[Donald H]

so did polices against the energy sector, paying people to sit at home, now those same people are in worse shape as their money will not go as far

makes no sense.

 

[JusticeHammer]

makes no sense.

Demscum are senseless.

 

[Missouri_Mike]

It's working out very well for Canada, but it's not socialism. It's socially responsible capitalism. Canada is one of the world's leaders in 'freedom' and 'quality of life'.

How are you liking your country's 58th. place on 'freedom'?

The 27 countries in the world with the most freedom

Freedom House, an independent watchdog organization, measures freedom in terms of civil liberties and political rights for an annual report.

www.businessinsider.com

The amount of different descriptors for socialism you people come up with is fucking hilarious.

Show me your gun collection free guy.
How about your covid ID and passport.
Have you been visited by the cops for your Facebook posts yet?
How are the wait times for socialized healthcare going?
Run outside and call some freak the wrong pronouns.

You wouldn’t know freedom if it bit you in the ass.

 

[Donald H]

The amount of different descriptors for socialism you people come up with is fucking hilarious.

Show me your gun collection free guy.

Lots of Canadians have gun collections but I frown on the idea.

How about your covid ID and passport.

Our Covid experience speaks well for all of our precautions, and will continue for the immediate future, depending on the status of the pandemic. NOT POLITICS!

Have you been visited by the cops for your Facebook posts yet?

No. And how many times have you been visited by the FBI.

How are the wait times for socialized healthcare going?

Our healthcare is consistently rated as superior to America's. We accept wait times in cases that aren't life threatening. There's a lot more to talk about. Start a new thread if you dare!

Run outside and call some freak the wrong pronouns.

We're progressive on the issue and in tune with the world's modern countries. The US is not!

You wouldn’t know freedom if it bit you in the ass.

Now that America has slipped to 58th. in the world on 'freedom', it's more likely that the issue is biting at your asses.

Maybe you need another 'coup' attempt to bring some back?

 

[Independent thinker]

In normal circumstances this thread could promote a good discussion on the reasons for an inflationary period.

Covid would obviously play a big part in the discussion.
re: The handling of Covid.

In other words, you're saying that Biden has handled Covid very miserably.

 

[Donald H]

In other words, you're saying that Biden has handled Covid very miserably.

Yes, in fact the handling of Covid is the issue that really does need to be discussed in a rational way.

Begin by weighing the precautions taken against the death toll. Was it just right for America, too little on precautions, or too many precautions that did harm to the economy.

It's not mine to decide.

I'll decide and comment on Canada's response to Covid if I'm asked.

 

[WTH_Progs?]

Progressives are progressives is all.

Progressive definitions
Progressive swings on positions & hypocrisy
Progressive inflation that has risen each month on Xiden's watch
Progressively worse

 

[ColonelAngus]

Joe Biden said the inflation was TEMPORARY.

What a lie.

 

[KissMy]

Families are doing much better under Biden.

 

[Lisa558]

In normal circumstances this thread could promote a good discussion on the reasons for an inflationary period.

Covid would obviously play a big part in the discussion.
re: The handling of Covid.

The discussion would center on the consequence of having too much money chasing too few goods, and that it would be idiotic for a president to push a massive spending bill on one end while there is a major supply side disruption on the other.

 

[Ordinary Guy]

Families are doing much better under Biden.

you mean Trump? your graph only goes to 2019....

 

[22lcidw]

It's working out very well for Canada, but it's not socialism. It's socially responsible capitalism. Canada is one of the world's leaders in 'freedom' and 'quality of life'.

How are you liking your country's 58th. place on 'freedom'?

The 27 countries in the world with the most freedom

Freedom House, an independent watchdog organization, measures freedom in terms of civil liberties and political rights for an annual report.

www.businessinsider.com

Canada lives under the protective umbrella of the United States. The Chinese/Russians would take that nation is a few weeks if we did not protect them.

 

[Not a Monkeys Uncle]

Biden owns the inflation problem. Biden’s war on domestic oil and gas increased energy prices by 50%. This directly impacts everyone and every business. Biden paid people not to work, and his vaccine mandates caused many people to be fired who wanted to work. Biden should thank his lucky stars that Joe Manchin (D-WV) stopped the $5 trillion BBB fiasco.

 

[Donald H]

The discussion would center on the consequence of having too much money chasing too few goods, and that it would be idiotic for a president to push a massive spending bill on one end while there is a major supply side disruption on the other.

The only problem with your logic is that the very wealthy are seeing windfall profits and that's Biden's and the Dems' imagined source of the supply of cash to foot the bills.

Your logic works very well in times when the supply side is being threatened.

Your error is glaringly obvious Lisa.
Are you honest enough to admit to it?

 

[Lisa558]

The only problem with your logic is that the very wealthy are seeing windfall profits and that's Biden's and the Dems' imagined source of the supply of cash to foot the bills.

Your logic works very well in times when the supply side is being threatened.

Your error is glaringly obvious Lisa.
Are you honest enough to admit to it?

Who cares about the wealthy? I am focused on the harm being done to regular middle income Americans who are being squeezed hard at the grocery store and gas station.

The last thing Biden should be doing is pumping more money into the economy - the “too much money” side of the equation,

The second to the last thing he should be doing is disrupting the supply side further by demanding truckers be vaxxed, and giving people so much money that refuse to work.

Are you willing to admit that your socialist hatred of “the wealthy” is blinding you to the damage the Democrats are doing to America?

 

[Papageorgio]

Families are doing much better under Biden.

This ends in 2019, it tells us nothing about Biden as he wasn't in office until 2021.

 

[Donald H]

Canada lives under the protective umbrella of the United States. The Chinese/Russians would take that nation is a few weeks if we did not protect them.

That would be the popular opinion of Americans. America will never withdraw from Nato because it has too much to benefit from Nato as it's tool of aggression.

But consider that it did. Canada falls under the nuclear deterrent of Britain as Canada being a member of the Commonwealth.

But you have to start with the proposition that either China or Russia would invade Canada, and that's not at all likely. Not because of any nuclear deterrent but because neither are the world's aggressor nation. America could be Canada's biggest threat of economic warfare. America will demonstrate no loyalty to any allies when the chips are down and China's threat of taking over can't be stopped.

It's going to get ugly and vicious, because of the nuclear detterent of MAD, not in spite of it.

Your comment is nothing but a sour grapes reply to a different issue.

 

[Papageorgio]

What is Biden's plan for ending inflation? Ford made buttons, to end inflation. Maybe Biden could draw hand turkeys and end inflation that way. I love that he has a plan, yet won't tell us what it is. LOL! He isn't to bright if he believes Americans are this dumb.