BartenderElite
Verified User
Consumer confidence is at a 6-month high as of today.
Pretty cool. The market broke a record yesterday, too.
Pretty cool. The market broke a record yesterday, too.
Kamalonomics
- Thread starter Lionfish
- Start date
T. A. Gardner
Thread Killer
Because of that inflation. Did the percentage of net profit go up? Probably not. I'd also note that the Democrats and Left aren't concerned about the gross profit margins of companies that they like like, Google and Apple at nearly 50% profit margins have. Those greedy bastards are okay with them because their politics align...
ExpressLane
Verified User
Exactly
The President does not have the power to print money. It simply is not how our system works.
So try again, and get back to us.
ExpressLane
Verified User
When he gives money away that isn't approved or budgeted by Congress he is in essence printing money. Student loan forgiveness for example.
‘Make America Affordable Again’: Here’s How Much More Everyday Items Cost Than When You Voted Four Years Ago
Prices since November 2020 have increased by roughly 21%, with year-over-year inflation under Biden peaking at about 9% in June 2022 and decelerating to its current annual rate of 2.4% as of September, according to data from the Bureau of Labor Statistics analyzed by the Daily Caller News Foundation. Price hikes for a slew of products have well-exceeded the overall price rise, including household staples like eggs and butter, which rose by approximately 163% and 50% between November 2020 and September 2024, respectively.Beef products have also been hit hard by Biden-era inflation, with prices for uncooked beef roasts rising over 31%, uncooked ground beef climbing nearly 27% and uncooked beef steaks increasing approximately 28%, according to BLS. Meanwhile, the price of bread is up over 23% and bakery products up almost 27%.