Record inflation under Biden. prices up up and away!!

[Concerned American]

food is up, but by very little

Maybe for your oatmeal. Meat has been climbing steadily since January. The price of fresh vegetables is up about 20%. Keep reaching up your ass, even if you can't find a logical argument, you'll have a clean colon.

Meat? A year ago ground beef was almost twice what it is today. Beef is up, but not near what it was last year at this time. Pork and chicken prices are flat and supply is plentiful, last year pork was hard to come by and chicken was sporadic at best. I guess when ground beef was seven bucks a pound it was Trump's fault.

This didn't come out of your ass Retail beef prices continue higher than 2020

 

[airplanemechanic]

food is up, but by very little

Maybe for your oatmeal. Meat has been climbing steadily since January. The price of fresh vegetables is up about 20%. Keep reaching up your ass, even if you can't find a logical argument, you'll have a clean colon.

Meat? A year ago ground beef was almost twice what it is today. Beef is up, but not near what it was last year at this time. Pork and chicken prices are flat and supply is plentiful, last year pork was hard to come by and chicken was sporadic at best. I guess when ground beef was seven bucks a pound it was Trump's fault.

This didn't come out of your ass Retail beef prices continue higher than 2020

But but but IT'S CPI!!!!

 

[Winston]

better to be thought a fool and keep your mouth shut rather than open it and remove all doubt.

Might better follow your own advice. Anyone with a modicum of intelligence knows that your take on the inflation issue is pure claptrap. Prices have been LOW for four years. Ever since Obummer and dementia Joe got out of government. Gasoline immediately went down to record levels under Trump only to rise immediately to almost the same point that China Joe left them. CCP Joe went all out and cancelled Canada's pipeline and turned right around and removed sanctions on Russia's. Biden is a commie puppet and so is Kameltoe, When Xiden said he would create jobs, you didn't figure they'd be Russian jobs. BTW, get Trump out of your head. I haven't said a word about Trump. Here's another piece of advice--when you try to defend, deflecting to a non-entity is ineffective.

I am sorry, but presidents really don't have that much influence over the economy. The Federal Reserve has the real muscle, and they see this as a temporary adjustment as supply chains realign.

When even CNN says Biden should be worried, perhaps you should get his dick out of your mouth long enough to think straight. Who is getting hurt by inflation? The poor. The same ones you liberals say you care about. Why not care about inflation which disproportionately hurts the poor?

Inflation is back. Biden should be worried

It's time to sound the inflation alarm inside the White House.

www.cnn.com

"Noting that inflation spikes "disproportionately hurt the poor" and are linked to diminished trust in government, Summers reminded progressives that inflation played a big role in electing Republican presidents in 1968 and 1980."

You realize you are quoting Lawrence Summers, an old Clinton dude that was one of Obama's economic advisors. He is a corporate whore, resigned from his post at Harvard because they were going to kick him out. Have you Trumpbots no shame?

 

[Concerned American]

better to be thought a fool and keep your mouth shut rather than open it and remove all doubt.

Might better follow your own advice. Anyone with a modicum of intelligence knows that your take on the inflation issue is pure claptrap. Prices have been LOW for four years. Ever since Obummer and dementia Joe got out of government. Gasoline immediately went down to record levels under Trump only to rise immediately to almost the same point that China Joe left them. CCP Joe went all out and cancelled Canada's pipeline and turned right around and removed sanctions on Russia's. Biden is a commie puppet and so is Kameltoe, When Xiden said he would create jobs, you didn't figure they'd be Russian jobs. BTW, get Trump out of your head. I haven't said a word about Trump. Here's another piece of advice--when you try to defend, deflecting to a non-entity is ineffective.

I am sorry, but presidents really don't have that much influence over the economy. The Federal Reserve has the real muscle, and they see this as a temporary adjustment as supply chains realign.

Presidential policies have everything to do with the economy moron. If you shut down the energy sector, fuel goes up. Increased fuel prices drive the price of everything up. When prices increase--so do taxes as a percentage of sales prices. Also look at the auto industry--go price a new car, if you can find one. New car prices are through the roof because the industry is in turmoil over dementia Joe's new green moves. One high point--if you have a used car, dealerships are paying top dollar, LOL, as long as you don't need a replacement. Another sector that his moronic energy sector moves has affected is housing. In our area which is not densely populated, a shack will cost you over 200K. A ten-year old 2000 sq ft home will cost you over 500K--if you get your bid in the day it goes on the market and bid more than asking. You keep your head up your ass and when you pull it out you will probably die from the shock.

 

[Winston]

food is up, but by very little

Maybe for your oatmeal. Meat has been climbing steadily since January. The price of fresh vegetables is up about 20%. Keep reaching up your ass, even if you can't find a logical argument, you'll have a clean colon.

Meat? A year ago ground beef was almost twice what it is today. Beef is up, but not near what it was last year at this time. Pork and chicken prices are flat and supply is plentiful, last year pork was hard to come by and chicken was sporadic at best. I guess when ground beef was seven bucks a pound it was Trump's fault.

This didn't come out of your ass Retail beef prices continue higher than 2020

So, you must have missed this,

Several factors may be contributing to higher reported retail prices when wholesale and live cattle prices have been at, or below, last year’s levels. The data reflects only grocery store prices. Grocery stores have sold more beef, in volume and value, compared to the year before due to restaurant shutdowns. It’s also likely that costs have increased between wholesale and retail levels due to compliance with corona virus restrictions and constraints in processing. It may be difficult to get average retail prices below pandemic levels in coming months as beef production is expected to decline, cyclically, this year and, hopefully, the economy is able to fully open expanding restaurant demand

 

[Concerned American]

better to be thought a fool and keep your mouth shut rather than open it and remove all doubt.

Might better follow your own advice. Anyone with a modicum of intelligence knows that your take on the inflation issue is pure claptrap. Prices have been LOW for four years. Ever since Obummer and dementia Joe got out of government. Gasoline immediately went down to record levels under Trump only to rise immediately to almost the same point that China Joe left them. CCP Joe went all out and cancelled Canada's pipeline and turned right around and removed sanctions on Russia's. Biden is a commie puppet and so is Kameltoe, When Xiden said he would create jobs, you didn't figure they'd be Russian jobs. BTW, get Trump out of your head. I haven't said a word about Trump. Here's another piece of advice--when you try to defend, deflecting to a non-entity is ineffective.

I am sorry, but presidents really don't have that much influence over the economy. The Federal Reserve has the real muscle, and they see this as a temporary adjustment as supply chains realign.

When even CNN says Biden should be worried, perhaps you should get his dick out of your mouth long enough to think straight. Who is getting hurt by inflation? The poor. The same ones you liberals say you care about. Why not care about inflation which disproportionately hurts the poor?

Inflation is back. Biden should be worried

It's time to sound the inflation alarm inside the White House.

www.cnn.com

"Noting that inflation spikes "disproportionately hurt the poor" and are linked to diminished trust in government, Summers reminded progressives that inflation played a big role in electing Republican presidents in 1968 and 1980."

You realize you are quoting Lawrence Summers, an old Clinton dude that was one of Obama's economic advisors. He is a corporate whore, resigned from his post at Harvard because they were going to kick him out. Have you Trumpbots no shame?

So you figure your demented messiah's plan to raise the min wage is going to be a God send for the poor eh? How about this--it is inflationary--added to the inflation due to higher energy prices and the increased tax burden from higher sales taxes, the $15 has disappeared because every employee who was making $15 before wants $20 now. Add to this the fact that those min wage earners of last year now are NOT eligible for welfare--no free money. They are worse off than before Biden. I tried to explain this in terms that a grade school dropout can understand so that you might.

 

[Concerned American]

food is up, but by very little

Maybe for your oatmeal. Meat has been climbing steadily since January. The price of fresh vegetables is up about 20%. Keep reaching up your ass, even if you can't find a logical argument, you'll have a clean colon.

Meat? A year ago ground beef was almost twice what it is today. Beef is up, but not near what it was last year at this time. Pork and chicken prices are flat and supply is plentiful, last year pork was hard to come by and chicken was sporadic at best. I guess when ground beef was seven bucks a pound it was Trump's fault.

This didn't come out of your ass Retail beef prices continue higher than 2020

So, you must have missed this,

Several factors may be contributing to higher reported retail prices when wholesale and live cattle prices have been at, or below, last year’s levels. The data reflects only grocery store prices. Grocery stores have sold more beef, in volume and value, compared to the year before due to restaurant shutdowns. It’s also likely that costs have increased between wholesale and retail levels due to compliance with corona virus restrictions and constraints in processing. It may be difficult to get average retail prices below pandemic levels in coming months as beef production is expected to decline, cyclically, this year and, hopefully, the economy is able to fully open expanding restaurant demand

Link, moron. I linked my assertion to a reputable industry outlet. I don't reach up my ass for bullshit that I THINK is true. STFU, you're a moron. HaHaHa, that's rich--restaurants shut down, so people quit eating.

 

[struth]

Well to Xiden and Harris’s america!

 

[busybee01]

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

 

[busybee01]

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

 

[Claudette]

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

 

[PoliticalChic]

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

 

[Winston]

He did not suspend d

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

He did not stop drilling. He only stopped issuing more leases. So it had absolutely zero impact on supply.

 

[Concerned American]

He did not suspend d

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

He did not stop drilling. He only stopped issuing more leases. So it had absolutely zero impact on supply.

So not renewing expiring oil leases has no impact on supplies. Good to know. You're a moron.

 

[Winston]

He did not suspend d

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

He did not stop drilling. He only stopped issuing more leases. So it had absolutely zero impact on supply.

So not renewing expiring oil leases has no impact on supplies. Good to know. You're a moron.

What part of no NEW leases do you not understand?

Flippin MORON.

 

[Concerned American]

He did not suspend d

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

He did not stop drilling. He only stopped issuing more leases. So it had absolutely zero impact on supply.

So not renewing expiring oil leases has no impact on supplies. Good to know. You're a moron.

What part of no NEW leases do you not understand?

Flippin MORON.

An expired lease that is not reNEWED is a new lease, Einstein. Check out what is happening in the Gulf of Mexico.

 

[danielpalos]

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

Now is the best time to raise the minimum wage to raise more tax revenue. Higher paid labor creates more in demand and generates more in tax revenue.

The economy has to adjust to the new equilibrium, that is all.

 

[Winston]

He did not suspend d

Inflation continued climb in May as prices rose 5 percent over last year. Policymakers say it’s temporary.

Don't say we didn't tell you this would happen. You can't artificially print money and put it into the economy. It just devalues the existing currency. Stupid fucking liberals.

You have no clue what you are talking about. This is pandemic related inflation due to pandemic related shortages. There is no evidence of permanent inflation. You assholes are ready to blame Biden for anything. One governor blamed a shortage of chik-fila sauce on Biden. You have no understanding of economics.

Well he sure didn't help the price of gas now did he?

He stopped drilling for oil on all Fed lands and wants to end fracking. Before he was elected gas was $1.50 a gallon and lower. I paid $2.95 for it yesterday. Speculators can read the writing on the wall even if your stupid ass can't.

The price of everything has gone up.

He did not stop drilling. He only stopped issuing more leases. So it had absolutely zero impact on supply.

So not renewing expiring oil leases has no impact on supplies. Good to know. You're a moron.

What part of no NEW leases do you not understand?

Flippin MORON.

An expired lease that is not reNEWED is a new lease, Einstein. Check out what is happening in the Gulf of Mexico.

You really should do more research. Leases on Federal Land are for ten years. They AUTOMATICALLY EXTEND if there is an active well on the premises that is producing in paying quantities, in other words, producing enough oil to pay for production costs. Even a non-producing shut-in well, like when oil prices are too low to justify production, qualify as long as they can be put in production easily.

But, if you got a lease but haven't bothered to drill at all, don't have an active well, and you have had it for ten years, then yeah, the lease expires. The point, no production is stopped or eliminated by Biden's action. Same for the Keystone pipeline. No current production was lost or eliminated. Your desperation to see anything and everything negative as a direct consequence of Biden's actions is quite revealing. Your total trust in media outlets that have no bearing on reality is also quite evident.

 

[Concerned American]

Same for the Keystone pipeline.

Tsk, Tsk, The keystone pipeline had NOTHING to do with domestic oil production moron. It was to be used to transfer Alberta oil sands oil to Gulf coast refineries. Biden shutting the construction down did have an effect on global supplies as now that Alberta production must be shipped by train--environmentally irresponsible--to Vancouver and limited refinery capacity. Try again.

 

[Winston]

Same for the Keystone pipeline.

Tsk, Tsk, The keystone pipeline had NOTHING to do with domestic oil production moron. It was to be used to transfer Alberta oil sands oil to Gulf coast refineries. Biden shutting the construction down did have an effect on global supplies as now that Alberta production must be shipped by train--environmentally irresponsible--to Vancouver and limited refinery capacity. Try again.

Did I say Keystone had something to do with domestic production? No, no I didn't. You are an ignorant jackass. Besides, shutting down Keystone helped to keep gas prices low. Had it been completed it would have resulted in higher gas prices in the mid-west as the current bottleneck would be removed.