I’m still waiting for you to explain how 75% inflation over 22 years becomes 150% increased prices under Biden as you claimed. Please, I need your expertise in mathematics to make the world make sense. 😂


To my dumber than a bag of hammers-
😂 🤦‍♂️ 😂
So that’s a “yes”, you do think the economy is worse now than in 2020 solely because inflation is doubled and you don’t understand earnings/purchase power . 🤦‍♂️
I grant you, inflation is still elevated, but down near 2/3 and well below what other countries are experiencing, so is getting better not worse. Hyperactive economies can tend to have inflation issues, and the Biden economy exploded like it was made of lithium deuteride.

Yes booby, prices have gone up on average, they always do…and on average everyone makes more too….much more. If prices go up 3% and wages go up 6% you have 3% more buying power, A GAIN…that’s pretty basic math for it to go so far over your head. In 2020 prices went up near 1.5% (for items still on shelves) but wages went DOWN near 6% (for those who were still employed) for a >7% LOSS in buying power. See how Bidenomics is better yet?

Probably not…ask a 3rd grader…is being able to buy 3% more yearly better than only being able to buy >7% less than last year?

Earning power is rising fast, double inflation, so are GDP and employment rates unlike under Trump when not only was there still inflation (granted much less thanks to the floundering MAGA economy) but wages actually went down significantly GDP went NEGATIVE and up to 20 million jobs evaporated thanks to mismanagement (NZ didn’t have that problem).

When inflation is barely above 3% and wages are rising at near 6%, yes, things cost more, and average people can also BUY MORE you fucking idiot.
I know, that’s keeping two things in your head at once, so impossible for you to comprehend, but trust me, that’s reality. You should try it some time.
You think you have something because inflation went up, largely thanks to Trumps horrific last year of hyper spending and the economic crash his mismanagement caused but also due to Biden’s economic recovery outpacing the most optimistic predictions…but you are too dumb to see the other half of the earning equation…wages. Since earnings are rising at double inflation, people can buy more.
Again, in 2020 wages went down almost 6% with 1.5% inflation (during a massive negative gdp) so earning power went down by almost 7.5%…today inflation is 3.24 but wages are rising at nearly 6%, giving a RISE in earning power of 2.75%. That is a >10% difference, going from a 7.5% loss of buying power in 2020 to a 2.75% rise this year…and no recession. That’s called winning.
Inflation is only one part of the equation, buddy, and is absolutely meaningless without the other parts.

Yes, I repeated myself…I hoped by saying it over and over some might get through.

Interest rates…😂😂😂 true, Biden didn’t lower rates to zero and still have a stalled economy, he had to raise them to combat inflation…it worked, and hasn’t stalled the boom yet. You claim to be rich…high interest rates shouldn’t mean a thing to you…or do you really carry massive debt and aren’t really rich at all? 😂

As a side note, the stock market is also booming, paying great for those who are invested. Similar to wage growth since many (like me) live off investment earnings.

Gas prices have dropped sharply, today below $3 in 1/3 of the country and $.22 lower than a year ago on average. That’s costing LESS! Try again.

Many staple food prices are lower too. National average turkey prices were cheaper than last year, so are eggs. Try again.

According to Edmonds, “ The good news is that, in general, prices have been on the decline since late 2022. In May 2022, the average selling price of a vehicle was about $721 over MSRP. Compare that to July 2023, when the average selling price was about $714 below MSRP.”. Try again.

American's purchase power is rising, under Trump it plummeted like never before. I know, you just don’t understand. It’s ok boob. Adults understand.

I bought a bag of hammers for $10 at a yard sale…it was incredibly smart of me. I got about 10 hammers including 3 small sledge hammers and 2 metal framing hammers. My bag of hammers purchase was quite smart. 😂

Boob, get a brain. You might ask the scarecrow how he got his, because you really need help. I’ve never met a person as dumb and delusional as yourself, and I’ve known some real idiots.

Try this simple example.
Last week a soda cost you $1, and you made $12 an hour ($1 every 5 minutes). This week a soda costs $1.20 but your pay went to $15 ($1 every 4 minutes). Yes, the soda costs more this week…INFLATION!…are you better off now or were you better off with cheaper soda last week? Show your work. (I’m pretty certain that second grade math is just too hard and I won’t see a reply).

THIS IS WHY YOU FAIL EVERY TIME BOOB. BECAUSE YOU DON’T UNDERSTAND WHAT YOU RANT ABOUT AT ALL.
GO TO SCHOOL AND LEARN THE BASICS.

Really @ant?
You really believe the idiotic claim here that food prices have more than doubled in the two years since 2021? 🤦‍♂️
Disappointing. I thought better of you.

Edit- sorry, I misread/misheard….I thought he said 2021, not 2001. I was further confused by the $10 trillion claim at the end, which if we are starting at 2001 should be $30 trillion.
It’s still a blatant exaggeration, in that 22 year period food prices have gone up 75% +-, not over 140%.

Fear porn.

Bill has sounded the far left insanity for a while. But on this bit America is ending because Racist Hitler party will take over.
This is what fear porn looks like.


Hopefully dems loose.

Issues at hand ,
inflation,
Gas prices,
food prices,
Woke agenda has gone too far.
CRT,
Crime.



Biden has given us high gas prices and costs associated with that.
Inflation - from 7 Trillion dumped into the system in last 3 years.
China -- global supply disruption


Not all Biden/ Dems fault but people will pull for Republicans due their frustrations.

I can only imagine how much worse food prices would be if they were all made of Legos.

Trump still living you leftest brains.

I can see why because Biden is such a poor POTUS, but he wears your jersey so you have to release you frustration on someone.


Woefully higher gas prices, food prices. This is the Biden economy you want?
America had energy independence, Biden ended that.


Biden's Energy Secretary on Plans to Increase Oil Production


This is what the Democrat party thinks of struggling American families

There’s this thing about bribing people that I think you’re well aware of….they don’t stay bought. Just look at Trump. He and his family personally took tens-hundreds of millions from China, talked them up for years, then turned on them when his trade talks failed.
For Biden to be under their control, he would have to be fed a constant stream of illicit money….like the Trumps all were. There is absolutely zero evidence Biden has taken a dime from the Chinese, unlike every single Trump that were all bribed publicly with millions in “gifts” from the Chinese government.

Trump didn’t nod, he outright told China they could expand in every direction, and they did under Trump….not under Biden.

Worse for the anti democracy, domestic terrorist crowd, that’s a good thing for Americans, Bobski.

Not one of those things is worse under Biden.
Inflation, happened under Trump.
Backed up ports, a red herring, Oakland port has no backup at all and is asking those stuck in LA to go there. The backup is planned. The appearance of shortages lead to rushes on goods….it’s marketing, not logistics.
Green energy is cheaper, cleaner, and a path to PERMANENT energy independence…something we absolutely did not have under Trump, we imported SO much oil, and spilled plenty.
Cost me an extra $.50- $.75 to fill my car, which happens EVERY SINGLE SUMMER Bob. Last year it didn’t because no one could go anywhere thanks to moronic Covid response that made us the absolute worst per capita for developed nations….Australian territories only closed for 8 days and had 0 deaths….did you know that Bob? They had leadership from adults, not denial from an infant.
Not higher food prices here, must be a you thing….or maybe a failed red state problem.
Empty shelves. Now I know it’s a red state thing….you’re on the east coast, so you can’t blame it on the fake shipping backup….what happened to NC that it’s fallen to shit? You know the second major factor in the shipping issues in LA are due to a much better economy and more people buying goods than last year, don’t you?
Also, do you even remember last year? Probably not. Those were empty shelves, Bob. Shortages on EVERYTHING from cars to meat to TP, even water. Literally empty shelves, not just in your fantasy world.

California has none of your problems, sounds like a red state leadership issue.

Know what else we've lost? Pandemic misinformation that's led to over 1/2 million dead Americans that need not have died and untold trillions in economic losses that need not have happened. That alone vastly outweighs every whine you've cried even if they were real and Biden's fault....which they aren't.



Let’s go Brendon….you really are proud of that cowardly whining aren’t you. You don’t even have the balls to say fuck you Biden, which we all know is what you’re saying. Sad little coward, throwing tantrums like a two year old. Nothing ever changes with you. 4 year olds have more honesty and spine than your entire failing political party combined. Cowards.


Republicans do not want Democrats to succeed, they want them expelled, or burned to death, or shot en masse. You’re such a bare faced liar and coward. You want enforced mask and vaccine mandates, free school lunches, and access to legal safe abortions? No? Then you don’t want everyone to succeed.

My portfolio has gone up more under Biden in 6 months than it lost under 4 years of Trump. He made the nation a constant victim, Biden rescued us from an abusive brain damaged parent….the kind you like. The kind I fear you likely are.

Biden isn't being bribed He is already bought.

Build back better is a nod to the Chinese CCP leaders to fully take back HK and Taiwan,

Bidens Build back better policies have only made America worse.

Inflation,
backed up ports,
loss of energy independence ,
the extra 15$ to fill up the car
Higher food prices ,
Empty shelfs.

Trump caused it?
Lets Go Brendon.

Republicans want everyone to succeed. Democrats want everyone to be a victim. And Biden and his party is making this true.

Trump claims the first stimulus package was for up to $6 trillion, not just two....and expects two more will be needed, making the bill for his inaction near $18-19 trillion by his estimates. That means all the outrage over Sanders plans to spend trillions on healthcare and education was utter bullshit (which we knew) or that the problem was we would get something for our money. Trump's just handing it out, largely without strings attached or getting any equity or concessions for it like Obama's bailouts did. Now THAT'S some serious socialism, meaning in just over 3 years his mismanagement would have more than doubled the national debt during an economic expansion (he added >$5 trillion without the pandemic, well over $1 trillion per year deficit before the economic collapse)....Conman Don, Don the Con, that's what they call him, I'm hearing people call him that, Don the Con.

It's all but guaranteed that he's going to just grab the Covid19 funds to build his wall, which is quickly becoming the wall America paid for FOR MEXICO who handled the pandemic infinitely better with only .3% of the cases America has and is stopping Americans from going to Mexico now.
(Side note, with immigrant harvesters staying home and crops rotting in the fields, expect food prices to skyrocket while unemployment also continues to skyrocket.)
@bobknight33 , comments?

I am German myself and I am disgusted how the German media and politicians are only blaming Greece. Some conservative papers (like welt.de) are ticking out completely and are turning to phrases that are very close to our Nazi history and are not allowing overly critical comments.

How Germans could chop down wages so quickly and without much opposition from the people and other parties?
The main reason is Hartz IV. https://en.wikipedia.org/wiki/Hartz_concept
Its a reform for the unemployed people, which at first sight doesnt have much to do with wages of the working people. But it does have everything to do with it. Let me explain:
Before Hartz IV unemployed people didnt have much to fear from the state. They got their unemployment (Sozialhilfe) money every month which was enough to live without much fear of anything. It didnt mean much to be unemployed. But people found a job if they wanted to. Of course, like every country, it was exploited by a tiny minority. People were happy with it and many countries were envious of that system because it provided so much social security that people got very peaceful and crime rates were pretty much non-existent.

Hartz IV was planned to cut the massive costs of that social system. The left wing government (which turned out to be massive hypocrites), a coalition of a socialist party and a green party, claimed it would decrease unemployment rates massively and save lots of tax money and they would force those lazy useless unemployed people to get jobs. They emphasized on "the hard earning people whos tax money is stolen by lazy unemployed" and used the tiny minority of exploiters to get Hartz IV under way. Hartz IV was basically a cut for unemployed people where they would barely have enough money to live from or pay the rent from it. It also allowed the government to use many tricks to adjust the unemployment rate. They for example excluded people who were unemployed at a certain age or people who were send on useless trainings (like how you write a job application or how you use a PC), which were forced on them from the government. If they didnt attend, they would get cuts on the already not enough Hartz IV money.

They got it through the parliament (since there was no oppositon of mention thank to their "democratic" coalition) and it went all downhill from there. Unemployed people were suddenly massively discriminated, even by the politicians, because they had created so much hate against unemployed and built many stereotypes in the process, supported by stupid fake shows in the media, just to push Hartz IV through. As I said before, they only used the minority that exploited the system before in their arguments, and didnt care about the majority. That also lead to companies falling for the created stereotype and not employing people who had been using Hartz IV at one time and even going as far as them looking at older employees as inferior. They got rid of them in a massive purge, which also led to the trick of excluding old people near pension-age from the unemployment statistics. Pensions dropped because those old fired people didnt get a job anymore and had to use Hartz IV. That meant that they had to use up their savings before they get Hartz IV money (that rule is part of Hartz IV), which drained old people of their money and also caused them to get caught in an even worse trap:
After a few years of getting Hartz IV money, they dropped to the lowest pension rate, which was barely above Hartz IV. It didnt matter if they worked 40 years of their life in a well paid job. Now they were poor and would never get a pension that was appropriate to their former job. That lead to a massive shift in wealth away from the normal people (middle class and poor), to the rich people. The buying power of Germans was destroyed, and it became even worse after the socialist/conservative government (yes, a stupid coalition like that is possible here) increased the sales tax by 3% to a whopping 19%. As result of this living costs exploded and black labor skyrocketed. Cost of energy of any kind, taxes, food prices, gas, rents, every day stuff you need increased massively. The Euro was to blame too, because prices of many things (especially food) were just exchanged 1-1 to the Euro. So for example if there was cheese before that cost 1 Deutsche Mark, it would now cost 1 Euro, even though 1 Euro was worth 2 Deutsche Mark. Wages collapsed, while everything got much more pricy. Hartz IV made all that worse.
Now for the main reason how Hatz IV pushed wages down:
The fear of dropping into Hartz IV (for the reasons I mentioned) was massive. Nobody ever wanted to drop into Hartz IV because they knew then everything was over. So they accepted extremely low wage jobs, even if that meant they would get less money than they would from Hartz IV, which already was barely enough to live a crappy live from. They took 2, 3, 4 shitty paid jobs instead, and the companies loved it, because they saved a lot of money with that. The problem with that was that even well educated people had fear of Hartz IV and accepted lower wages because of it. Wages didnt rise for 20 years (and they dont rise much now either). Yet living costs, as I said, increased massively. It all came together.
Germanys economy was very low at one point, yet they still tried to tell us that the unemployment rate dropped again (even 2007/08 and every year after that). People started to learn how they manipulated us and now we are here. Companies making revenue records after revenue records, yet nothing is arriving at the people. The media claims everything is well, the statistics still lie to us that the unemployment rate is low, but its not.
And now they are trying to blame the Greeks for our problems. Just like the unemployed Germans before, and the stupid masses fall for it again.
Yet they still wonder why Germans are a dying breed (population has been dropping for years now), and dont get that having children is very expensive in Germany and only few people still have money or time for that (since both women and men have multiple jobs to be able to live) because of these developments.

@gorillaman

Why would we need to quintuple resources by 2100 if population is only forecast to grow 50%? There is no shortage of potential arable land and more would be made room for if food prices were to rise (bringing them back down).

As I said before, I'm not debating environmental damage and climate change need to be addressed. But you address it directly, you don't attempt to reduce the world population to <1Bn ... somehow, like you propose.

No, corporations primarily do cause environmental harm, particularly climate change:

http://www.theguardian.com/environment/2013/nov/20/90-companies-man-made-global-warming-emissions-climate-change

That's why changing their incentives directly through taxes or emission schemes is the best approach. I would almost say that attempting to reduce your carbon footprint at a individual level is an exercise in self masturbatory indulgence, which while gratifying is completely insignificant. It's the by-products of all the everyday products that you consume during the industrial process that create the vast majority or pollutants.

3rd paragraph - I've already addressed everything there several times here. You simply are not acknowledging the facts:

http://priceofoil.org/2013/11/26/new-analysis-shows-growing-fossil-reserves-shrinking-carbon-budget/
http://www.theguardian.com/environment/interactive/2013/nov/26/why-fossil-fuel-reserves-growing-oil-carbon

Does our current reliance on carbon based energy precipitate environmental issues with regards to global warming in the future? Obviously, but an international agreement on raising the cost of it, to reduce our reliance on it, is more likely than an agreement on enforced family size limits.

Sooooo sick and twisted-Too bad you can't convince peeps to exercise their collective boycott power of these places-You can't-Peeps are too uneducated and apathetic to adjust their own diets and cleanse the world of fast-food at the same time-Do you know how fast food prices in grocery stores would drop if every fast-food chain was suddenly gone tomorrow?
We could bankrupt these fools in one fiscal quarter.

All I'm going to say is that this guy is completely wrong about the gold standard. This country was on gold for like 150 years and didn't collapse in an "inescapable deflationary spiral". That is nonsense trotted out by big government economist. In fact, the highest rates of GDP growth still remain gold standard years. The only reason the crash of 29 existed was because of the central bank's (which didn't exist prior to 1913) inflationary bubble in the 20s, which HAD to be corrected. And rather than letting it correct, Hoover and FDR resisted and intervened mightily. All prior recessions were allowed to run their course, this one wasn't. I mean, for god's sake, FDR was slaughtering livestock to prevent food prices from falling alongside wages. Is it any wonder the damn thing persisted for like 15 years?

ObamaCare,
Fast and Furious.
Solondra,
Gas prices have doubled
Food prices up around 30%
average 4k in lost incomes,
First President to preside over a cut to the credit rating of the United States,
First President to spend a trillion dollars on shovel-ready jobs and later admit there was no such thing as shovel-ready jobs.
First President to tell a major manufacturing company in which state they are allowed to locate a factory, (Boeing) ,
First President to coddle American enemies while alienating Americas allies.,

The Obama Presidency is a Failed Presidency.


>> ^volumptuous:

First of all, it was the kids father, who is a Iraq war veteran, who approached Obama. Not the other way around you nincampoop.
2nd, name one failure that makes Obama's presidency a "failed presidency".

>> ^bobknight33:
Using Children as a pawns for a cover of a failed presidency.

>> ^MilkmanDan:

>> ^brycewi19:
>> ^blahpook:
The amount of manual labor here was surprising.

Yet refreshing.

To each his own, but ... why?
I grew up on a large family farm for wheat and corn in Kansas. My father talks about how from the time he was born till the time I was born, the farm operations went from being handled by about 10-15 full-time family member workers plus maybe 60+ seasonal harvest workers to having roughly 4 full-time workers and an additional 8 or so harvest part-timers. 75 plus down to 12.
First they got tractors for tilling. Then planter attachments for the tractors. Then the first harvester machines, etc. etc. on down to today, where we've got 2 massive combines running during harvest, 1 or 2 tractors with grain hoppers (serve other purposes outside of harvest season), 4-6 semi trucks with grain hopper trailers, and a central location with a set of large grain storage bins.
With the machines, we get higher yields per acre and less loss due to human error mistakes. We harvest over twice as much land in significantly less time. In the past 60 years, grain prices have crept up at a rate way lower than inflation, while prices for labor-intensive crops like fruit actually outpace inflation.
I am most definitely a biased source, but from my perspective more mechanization equals more food to go around, and lower food prices for everyone. I'd say that is pretty refreshing too!
No offense meant, just a different perspective.


I see both sides of the argument. I fully understand the advantages of automation, but how do you feel about there being fewer jobs for people?

Serious question, I'm not trolling. There are again arguments each way. The jobs are seasonal and I'm guessing the people helping with harvests aren't paid very well, so it's not about high quality work. But in a country where there is a lot of unemployment do you think it would be worth cutting back on the automation to help out or would this just price you out the market?

Personally I don't know, but I'm interested in your opinion.

>> ^brycewi19:

>> ^blahpook:
The amount of manual labor here was surprising.

Yet refreshing.


To each his own, but ... why?

I grew up on a large family farm for wheat and corn in Kansas. My father talks about how from the time he was born till the time I was born, the farm operations went from being handled by about 10-15 full-time family member workers plus maybe 60+ seasonal harvest workers to having roughly 4 full-time workers and an additional 8 or so harvest part-timers. 75 plus down to 12.

First they got tractors for tilling. Then planter attachments for the tractors. Then the first harvester machines, etc. etc. on down to today, where we've got 2 massive combines running during harvest, 1 or 2 tractors with grain hoppers (serve other purposes outside of harvest season), 4-6 semi trucks with grain hopper trailers, and a central location with a set of large grain storage bins.

With the machines, we get higher yields per acre and less loss due to human error mistakes. We harvest over twice as much land in significantly less time. In the past 60 years, grain prices have crept up at a rate way lower than inflation, while prices for labor-intensive crops like fruit actually outpace inflation.

I am most definitely a biased source, but from my perspective more mechanization equals more food to go around, and lower food prices for everyone. I'd say that is pretty refreshing too!

No offense meant, just a different perspective.