The Second coming of Jimmy Carter as inflation rates continue to climb

[Geeko Sportivo]

Mass inflation did not start under Trump, fuel prices is much of it along with paying people more to sit at home rather than have them working. Guess you have failed as usual to see the work shortage especially truck drivers.

I do believe you are right about the UNEMPLOYMENT CHECKS spoiling too many people into going back to working for a living again MAGAman!

It is hard to argue that point, so I will not even try. Yes, I have seen the signs in all the windows of places that pay minimum wages, like Retail stores and fast food Restaurants, and I also see a lot of ads in other better paying trades looking for people.

Personally, I blame a lot of the problem on how the CHILDCARE industry has debilitated over the course of the pandemic, that is causing many of the parents, mostly women, but not limited to women alone, with no where to drop their children off so that they can return to work. It seems no one wants to be in that business anymore, as employees, or business owners, as while many of the CHILDCARE centers shut down- MANY WILL NEVER RE-OPEN ever again.

Gasoline seems to be higher than a year ago, but the recent Cyber attacks on Gasoline pipelines, caused a panic and a temporary inflationary crisis that is already starting to un-wrinkle.

So, people are personally taking the time to a look for better-paying jobs, and moving on up the Career/Employment/Income scale - and that is causing problems for the lower wage job market. And this explains a lot of the help-wanted signs you are seeing in the fast food restaurants and retail store environments.

This is how capitalism works. THE PRICE HAS TO MEET THE DEMANDS OF THE COST OF LABOR, OF COURSE- BUT THE WORKER'S HAVE TO MEET THE DEMANDS OF THEIR COST OF LIVING AS WELL! IT IS NOT A ONE WAY STREET.

BUSINESSES HAVE COST INCREASES THEY HAVE TO DEAL WITH- AND WORKERS HAVE PRICE INCREASES, AS WELL, AND THEY HAVE TO HAVE MORE MONEY TO MEET THEM, as well!

I PERSONALLY HAVE FAMILY MEMBERS WHO HAVE ACTUALLY changed jobs and careers after returning back to work after the pandemic, and have increased their income by accepting a better newer position elsewhere in a different more promising field of work.

 

[anatta]

Not sure why you’re focused on renters.

There is going to be plenty of pain to go around. Even if you believe the happy talk about it being temporary.

ya they keep talking about disruptions in supp[ly chians -and there are -but I'm starting to wonder if the shelves will ever be stocked again

 

[floridafan]

Not sure why you’re focused on renters.

There is going to be plenty of pain to go around. Even if you believe the happy talk about it being temporary.

Do you have some proof that the current inflation is not temporary. Do you know something that the directors of our Fed dont?

 

[Darth Omar]

ya they keep talking about disruptions in supp[ly chians -and there are -but I'm starting to wonder if the shelves will ever be stocked again

We warned them, for months, about some of the economic effects of Fauci’s policies, didn’t we.

 

[Darth Omar]

Do you have some proof that the current inflation is not temporary. Do you know something that the directors of our Fed dont?

Where’s the proof for their claim? They have a crystal ball?

 

[Hawkeye10]

Where’s the proof for their claim? They have a crystal ball?

Remember too that the experts did not get around to proclaiming the start of the Great Recession till about 10 months after it started. The little People generally understood that it had started long before.

 

[LV426]

doesn't change the fact that inflation hurts people who rent the most

Then why are you opposed to raising their wages?

 

[LV426]

Inflation and high pump prices are a double whammy for the poor and working class but the democrat party is..I don’t even know what they are anymore. Virtually unrecognizable from where they were even ten years ago.

The inflation and pump prices we are seeing today is all thanks to you and Trump completely fucking lying about COVID last year and turning regional outbreaks into a national pandemic.

If you had simply been honest from the beginning, none of this would have happened.

But you couldn't help yourself.

All the lying you did over the past year caused Trump to lose the election.

And then you didn't even go to DC on 1/6 when he asked you.

You have about as much honor as a piece of dogshit.

 

[floridafan]

Where’s the proof for their claim? They have a crystal ball?

I would think they know just a bit more about economics that you do.

 

[LV426]

if it is happening in my small town, one can bet it has already happened in the larger ones

LMAO @ dirt mongers posturing over inflation when half of you can't even spell it, and the other half doesn't even know what it is.

 

[Darth Omar]

The inflation and pump prices we are seeing today is all thanks to you and Trump completely fucking lying about COVID last year and turning regional outbreaks into a national pandemic.

If you had simply been honest from the beginning, none of this would have happened.

But you couldn't help yourself.

All the lying you did over the past year caused Trump to lose the election.

And then you didn't even go to DC on 1/6 when he asked you.

You have about as much honor as a piece of dogshit.

You really expect voters to buy that bullshit?

 

[Darth Omar]

I would think they know just a bit more about economics that you do.

One wonders at times though lol.

 

[LV426]

Remember too that the experts did not get around to proclaiming the start of the Great Recession till about 10 months after it started. The little People generally understood that it had started long before.

I mean, we've been in a recession since February last year:

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

And the manufacturing sector has been in one for even longer:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

All this inflation we're seeing today is just pent-up demand finally being released after nearly 16 months of lockdowns, and will crash back down to Earth in the next couple quarters.

I think the biggest concern we have to worry about is deflation, not inflation.

 

[LV426]

You really expect voters to buy that bullshit?

What bullshit?

You caused this pent-up demand to be released all at once because you completely fucked up the response to COVID.

Then you didn't even go to DC on 1/6 to stop the steal you had been alleging, even with Trump inviting you.

So how come?

How come you didn't go to DC on 1/6, despite getting an invitation from your cult leader?

What's your fucking excuse?

 

[Hawkeye10]

I mean, we've been in a recession since February last year:

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

And the manufacturing sector has been in one for even longer:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

All this inflation we're seeing today is just pent-up demand finally being released after nearly 16 months of lockdowns, and will crash back down to Earth in the next couple quarters.

I think the biggest concern we have to worry about is deflation, not inflation.

That is the story....it is also almost certainly wrong. In Thurston County housing prices are up 25% in one year....that is cataclysmic. Allowing in many millions of illegals every year for as far as the eye can see will cause long term housing shortages which will be massively inflationary.

 

[Diesel]

Fed Chairman Jerome Powell has mostly downplayed the rising prices for goods and services, blaming the increase on widespread bottlenecks that have severely disrupted the supply chain and a wave of pent-up demand among consumers who are flush with cash. Though he's said inflation could turn out to be "higher and more persistent than we expect," Powell has maintained that it's likely transitory.

How is a renter with a 12 month or 24 month lease affected by inflation?

Oh, this should be good. I love when an American "conservative" tries to explain macroeconomics.

 

[Diesel]

Inflation and high pump prices are a double whammy for the poor and working class but the democrat party is..I don’t even know what they are anymore. Virtually unrecognizable from where they were even ten years ago.

And what is the Republican party?

 

[Diesel]

if your lease is up now, it will be higher next year. Goods and services are all greatly inflated. Most leases have contract language in them that cover owners for inflation and force majure. I only have a few properties but I was covered when raising prices.

"Most leases" my ass. I have worked with tens of thousands of leases in my career. You're a fucking moron.

 

[Billy the Great Khan]

You are speaking about MAGA base, right?

No, I'm speaking about YOU.

 

[Grokmaster]

https://www.foxbusiness.com/economy/americans-inflation-fears-consumer-prices-surge

Democrats hurt their base the most with inflation and wonder why their constituents lose faith.

AND PRES.MORON FRILLY PANTIES ALSO BENDS OVER FOR OUR ENEMIES...JUST LIKE CARTER....