reason10 Posted November 6, 2022 Report Posted November 6, 2022 Boys and girls, this belongs in the "I'M NOT MAKING THIS UP" category. Who could possibly imagine such an ignorant and outrageous remark, even if it is from a goose stepping Democrat? https://www.foxnews.com/politics/rep-maloney-recalls-eating-chef-boyardee-kid-during-inflation-talk-says-what-families-have-do Rep. Maloney recalls 'eating Chef Boyardee' as kid during inflation talk, says it's 'what families have to do' Quote Democratic Congressional Campaign Committee chairman Rep. Sean Patrick Maloney, D-N.Y., said during a late-October interview that his family would be "eating Chef Boyardee" when gas prices went up during his childhood and added "that's what families have to do" if they find themselves in financial hardship. "Hudson Valley residents are feeling pain at the pump and at grocery stores, what have you done, and what do you plan to do to help solve our inflation problem?," Maloney was asked. "Yeah, well, I grew up in a family where, you know, if the gas price went up, the food budget went down," Rep. Maloney said. "So by this time of the week, we'd be eating Chef Boyardee if that budget wasn't gonna change. So that's what families have to do. Here's what we should do," Maloney said before discussing actions that he says would lower inflation. This DEMOCRAT left out the fact that HIS PARTY is directly and singularly responsible for the record HIGHEST inflation in history. And now we're supposed to eat canned pasta and continue to vote for those who did this? I wonder when another Democrat will suggest we eat cake. 1 1 1 Quote
robosmith Posted November 6, 2022 Report Posted November 6, 2022 8 hours ago, reason10 said: Boys and girls, this belongs in the "I'M NOT MAKING THIS UP" category. Who could possibly imagine such an ignorant and outrageous remark, even if it is from a goose stepping Democrat? https://www.foxnews.com/politics/rep-maloney-recalls-eating-chef-boyardee-kid-during-inflation-talk-says-what-families-have-do Rep. Maloney recalls 'eating Chef Boyardee' as kid during inflation talk, says it's 'what families have to do' This DEMOCRAT left out the fact that HIS PARTY is directly and singularly responsible for the record HIGHEST inflation in history. And now we're supposed to eat canned pasta and continue to vote for those who did this? I wonder when another Democrat will suggest we eat cake. Sorry, but "history" did NOT start when YOU were born. YEAR INFLATION RATE YOY4 FED FUNDS RATE*5 BUSINESS CYCLE (GDP GROWTH)67 EVENTS AFFECTING INFLATION8 1929 0.6% NA August peak Market crash 1930 -6.4% NA Contraction (-8.5%) Smoot-Hawley 1931 -9.3% NA Contraction (-6.4%) Dust Bowl 1932 -10.3% NA Contraction (-12.9%) Hoover tax hikes 1933 0.8% NA Contraction ended in March (-1.2%) FDR's New Deal 1934 1.5% NA Expansion (10.8%) U.S. debt rose 1935 3.0% NA Expansion (8.9%) Social Security 1936 1.4% NA Expansion (12.9%) FDR tax hikes 1937 2.9% NA Expansion peaked in May (5.1%) Depression resumes 1938 -2.8% NA Contraction ended in June (-3.3%) Depression ended 1939 0.0% NA Expansion (8.0% Dust Bowl ended 1940 0.7% NA Expansion (8.8%) Defense increased 1941 9.9% NA Expansion (17.7%) Pearl Harbor 1942 9.0% NA Expansion (18.9%) Defense spending 1943 3.0% NA Expansion (17.0%) Defense spending 1944 2.3% NA Expansion (8.0%) Bretton Woods 1945 2.2% NA Feb. peak, Oct. trough (-1.0%) Truman ended WWII 1946 18.1% NA Expansion (-11.6%) Budget cuts 1947 8.8% NA Expansion (-1.1%) Cold War spending 1948 3.0% NA Nov. peak (4.1%) 1949 -2.1% NA Oct trough (-0.6%) Fair Deal, NATO 1950 5.9% NA Expansion (8.7%) Korean War 1951 6.0% NA Expansion (8.0%) 1952 0.8% NA Expansion (4.1%) 1953 0.7% NA July peak (4.7%) Eisenhower ended Korean War 1954 -0.7% 1.25% May trough (-0.6%) Dow returned to 1929 high 1955 0.4% 2.50% Expansion (7.1%) 1956 3.0% 3.00% Expansion (2.1%) 1957 2.9% 3.00% Aug. peak (2.1%) Recession 1958 1.8% 2.50% April trough (-0.7%) Recession ended 1959 1.7% 4.00% Expansion (6.9%) Fed raised rates 1960 1.4% 2.00% April peak (2.6%) Recession 1961 0.7% 2.25% Feb. trough (2.6%) JFK's deficit spending ended recession 1962 1.3% 3.00% Expansion (6.1%) 1963 1.6% 3.5% Expansion (4.4%) 1964 1.0% 3.75% Expansion (5.8%) LBJ Medicare, Medicaid 1965 1.9% 4.25% Expansion (6.5%) 1966 3.5% 5.50% Expansion (6.6%) Vietnam War 1967 3.0% 4.50% Expansion (2.7%) 1968 4.7% 6.00% Expansion (4.9%) Moon landing 1969 6.2% 9.00% Dec. peak (3.1%) Nixon took office 1970 5.6% 5.00% Nov. trough (0.2%) Recession 1971 3.3% 5.00% Expansion (3.3%) Wage-price controls 1972 3.4% 5.75% Expansion (5.3%) Stagflation 1973 8.7% 9.00% Nov. peak (5.6%) End of gold standard 1974 12.3% 8.00% Contraction (-0.5%) Watergate 1975 6.9% 4.75% March trough (-0.2%) Stop-gap monetary policy confused businesses and kept prices high 1976 4.9% 4.75% Expansion (5.4%) 1977 6.7% 6.50% Expansion (4.6%) 1978 9.0% 10.00% Expansion (5.5%) 1979 13.3% 12.00% Expansion (3.2%) 1980 12.5% 18.00% Jan. peak (-0.3%) Recession 1981 8.9% 12.00% July trough (2.5%) Reagan tax cut 1982 3.8% 8.50% November (-1.8%) Recession ended 1983 3.8% 9.25% Expansion (4.6%) Military spending 1984 3.9% 8.25% Expansion (7.2%) 1985 3.8% 7.75% Expansion (4.2%) 1986 1.1% 6.00% Expansion (3.5%) Tax cut 1987 4.4% 6.75% Expansion (3.5%) Black Monday crash 1988 4.4% 9.75% Expansion (4.2%) Fed raised rates 1989 4.6% 8.25% Expansion (3.7%) S&L Crisis 1990 6.1% 7.00% July peak (1.9%) Recession 1991 3.1% 4.00% Mar trough (-0.1%) Fed lowered rates 1992 2.9% 3.00% Expansion (3.5%) NAFTA drafted 1993 2.7% 3.00% Expansion (2.8%) Balanced Budget Act 1994 2.7% 5.50% Expansion (4.0%) 1995 2.5% 5.50% Expansion (2.7%) 1996 3.3% 5.25% Expansion (3.8%) Welfare reform 1997 1.7% 5.50% Expansion (4.4%) Fed raised rates 1998 1.6% 4.75% Expansion (4.5%) LTCM crisis 1999 2.7% 5.50% Expansion (4.8%) Glass-Steagall repealed 2000 3.4% 6.50% Expansion (4.1%) Tech bubble burst 2001 1.6% 1.75% March peak, Nov. trough (1.0%) Bush tax cut, 9/11 attacks 2002 2.4% 1.25% Expansion (1.7%) War on Terror 2003 1.9% 1.00% Expansion (2.9%) JGTRRA 2004 3.3% 2.25% Expansion (3.8%) 2005 3.4% 4.25% Expansion (3.5%) Katrina, Bankruptcy Act 2006 2.5% 5.25% Expansion (2.9%) 2007 4.1% 4.25% Dec peak (1.9%) Bank crisis 2008 0.1% 0.25% Contraction (-0.1%) Financial crisis 2009 2.7% 0.25% June trough (-2.5%) ARRA 2010 1.5% 0.25% Expansion (2.6%) ACA, Dodd-Frank Act 2011 3.0% 0.25% Expansion (1.6%) Debt ceiling crisis 2012 1.7% 0.25% Expansion (2.2%) 2013 1.5% 0.25% Expansion (1.8%) Government shutdown. Sequestration 2014 0.8% 0.25% Expansion (2.5%) QE ends 2015 0.7% 0.50% Expansion (3.1%) Deflation in oil and gas prices 2016 2.1% 0.75% Expansion (1.7%) 2017 2.1% 1.50% Expansion (2.3%) 2018 1.9% 2.50% Expansion (3.0%) 2019 2.3% 1.75% Expansion (2.2%) 2020 1.4% 0.25% Contraction (-3.4%) COVID-19 2021 7.0% 0.25% Expansion (5.9%) COVID-19 2022 8.3% 3.25% Contraction (-1.6%) As of Sept. 21. 2022 2023 2.7% (est.) 2.8% (est.) Expansion (2.2%) March 2022 projection 2024 2.3% (est.) 2.8% (est.) Expansion (2.0%) March 2022 projection *Top of the range for the targeted fed funds rate. Stop lying. BTW, inflation is HIGHER in most other Western nations, so I guess you're going to pin that on Biden, too. LMAO 2 Quote
Aristides Posted November 6, 2022 Report Posted November 6, 2022 9 hours ago, reason10 said: This DEMOCRAT left out the fact that HIS PARTY is directly and singularly responsible for the record HIGHEST inflation in history. And now we're supposed to eat canned pasta and continue to vote for those who did this? I wonder when another Democrat will suggest we eat cake. When you don't know what you're talking about, silence is always a good plan. 1 Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 14 hours ago, robosmith said: Sorry, but "history" did NOT start when YOU were born. YEAR INFLATION RATE YOY4 FED FUNDS RATE*5 BUSINESS CYCLE (GDP GROWTH)67 EVENTS AFFECTING INFLATION8 1929 0.6% NA August peak Market crash 1930 -6.4% NA Contraction (-8.5%) Smoot-Hawley 1931 -9.3% NA Contraction (-6.4%) Dust Bowl 1932 -10.3% NA Contraction (-12.9%) Hoover tax hikes 1933 0.8% NA Contraction ended in March (-1.2%) FDR's New Deal 1934 1.5% NA Expansion (10.8%) U.S. debt rose 1935 3.0% NA Expansion (8.9%) Social Security 1936 1.4% NA Expansion (12.9%) FDR tax hikes 1937 2.9% NA Expansion peaked in May (5.1%) Depression resumes 1938 -2.8% NA Contraction ended in June (-3.3%) Depression ended 1939 0.0% NA Expansion (8.0% Dust Bowl ended 1940 0.7% NA Expansion (8.8%) Defense increased 1941 9.9% NA Expansion (17.7%) Pearl Harbor 1942 9.0% NA Expansion (18.9%) Defense spending 1943 3.0% NA Expansion (17.0%) Defense spending 1944 2.3% NA Expansion (8.0%) Bretton Woods 1945 2.2% NA Feb. peak, Oct. trough (-1.0%) Truman ended WWII 1946 18.1% NA Expansion (-11.6%) Budget cuts 1947 8.8% NA Expansion (-1.1%) Cold War spending 1948 3.0% NA Nov. peak (4.1%) 1949 -2.1% NA Oct trough (-0.6%) Fair Deal, NATO 1950 5.9% NA Expansion (8.7%) Korean War 1951 6.0% NA Expansion (8.0%) 1952 0.8% NA Expansion (4.1%) 1953 0.7% NA July peak (4.7%) Eisenhower ended Korean War 1954 -0.7% 1.25% May trough (-0.6%) Dow returned to 1929 high 1955 0.4% 2.50% Expansion (7.1%) 1956 3.0% 3.00% Expansion (2.1%) 1957 2.9% 3.00% Aug. peak (2.1%) Recession 1958 1.8% 2.50% April trough (-0.7%) Recession ended 1959 1.7% 4.00% Expansion (6.9%) Fed raised rates 1960 1.4% 2.00% April peak (2.6%) Recession 1961 0.7% 2.25% Feb. trough (2.6%) JFK's deficit spending ended recession 1962 1.3% 3.00% Expansion (6.1%) 1963 1.6% 3.5% Expansion (4.4%) 1964 1.0% 3.75% Expansion (5.8%) LBJ Medicare, Medicaid 1965 1.9% 4.25% Expansion (6.5%) 1966 3.5% 5.50% Expansion (6.6%) Vietnam War 1967 3.0% 4.50% Expansion (2.7%) 1968 4.7% 6.00% Expansion (4.9%) Moon landing 1969 6.2% 9.00% Dec. peak (3.1%) Nixon took office 1970 5.6% 5.00% Nov. trough (0.2%) Recession 1971 3.3% 5.00% Expansion (3.3%) Wage-price controls 1972 3.4% 5.75% Expansion (5.3%) Stagflation 1973 8.7% 9.00% Nov. peak (5.6%) End of gold standard 1974 12.3% 8.00% Contraction (-0.5%) Watergate 1975 6.9% 4.75% March trough (-0.2%) Stop-gap monetary policy confused businesses and kept prices high 1976 4.9% 4.75% Expansion (5.4%) 1977 6.7% 6.50% Expansion (4.6%) 1978 9.0% 10.00% Expansion (5.5%) 1979 13.3% 12.00% Expansion (3.2%) 1980 12.5% 18.00% Jan. peak (-0.3%) Recession 1981 8.9% 12.00% July trough (2.5%) Reagan tax cut 1982 3.8% 8.50% November (-1.8%) Recession ended 1983 3.8% 9.25% Expansion (4.6%) Military spending 1984 3.9% 8.25% Expansion (7.2%) 1985 3.8% 7.75% Expansion (4.2%) 1986 1.1% 6.00% Expansion (3.5%) Tax cut 1987 4.4% 6.75% Expansion (3.5%) Black Monday crash 1988 4.4% 9.75% Expansion (4.2%) Fed raised rates 1989 4.6% 8.25% Expansion (3.7%) S&L Crisis 1990 6.1% 7.00% July peak (1.9%) Recession 1991 3.1% 4.00% Mar trough (-0.1%) Fed lowered rates 1992 2.9% 3.00% Expansion (3.5%) NAFTA drafted 1993 2.7% 3.00% Expansion (2.8%) Balanced Budget Act 1994 2.7% 5.50% Expansion (4.0%) 1995 2.5% 5.50% Expansion (2.7%) 1996 3.3% 5.25% Expansion (3.8%) Welfare reform 1997 1.7% 5.50% Expansion (4.4%) Fed raised rates 1998 1.6% 4.75% Expansion (4.5%) LTCM crisis 1999 2.7% 5.50% Expansion (4.8%) Glass-Steagall repealed 2000 3.4% 6.50% Expansion (4.1%) Tech bubble burst 2001 1.6% 1.75% March peak, Nov. trough (1.0%) Bush tax cut, 9/11 attacks 2002 2.4% 1.25% Expansion (1.7%) War on Terror 2003 1.9% 1.00% Expansion (2.9%) JGTRRA 2004 3.3% 2.25% Expansion (3.8%) 2005 3.4% 4.25% Expansion (3.5%) Katrina, Bankruptcy Act 2006 2.5% 5.25% Expansion (2.9%) 2007 4.1% 4.25% Dec peak (1.9%) Bank crisis 2008 0.1% 0.25% Contraction (-0.1%) Financial crisis 2009 2.7% 0.25% June trough (-2.5%) ARRA 2010 1.5% 0.25% Expansion (2.6%) ACA, Dodd-Frank Act 2011 3.0% 0.25% Expansion (1.6%) Debt ceiling crisis 2012 1.7% 0.25% Expansion (2.2%) 2013 1.5% 0.25% Expansion (1.8%) Government shutdown. Sequestration 2014 0.8% 0.25% Expansion (2.5%) QE ends 2015 0.7% 0.50% Expansion (3.1%) Deflation in oil and gas prices 2016 2.1% 0.75% Expansion (1.7%) 2017 2.1% 1.50% Expansion (2.3%) 2018 1.9% 2.50% Expansion (3.0%) 2019 2.3% 1.75% Expansion (2.2%) 2020 1.4% 0.25% Contraction (-3.4%) COVID-19 2021 7.0% 0.25% Expansion (5.9%) COVID-19 2022 8.3% 3.25% Contraction (-1.6%) As of Sept. 21. 2022 2023 2.7% (est.) 2.8% (est.) Expansion (2.2%) March 2022 projection 2024 2.3% (est.) 2.8% (est.) Expansion (2.0%) March 2022 projection *Top of the range for the targeted fed funds rate. Stop lying. BTW, inflation is HIGHER in most other Western nations, so I guess you're going to pin that on Biden, too. LMAO Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply. He is also responsible for the supply chain crisis. Too many dollars chasing too few goods. The definition of inflation. Economics 101. Find someone with an education to explain that to you. 1 Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 13 hours ago, Aristides said: When you don't know what you're talking about, silence is always a good plan. You are the only one who does not know what he/she/it is talking about. Anyone can produce a chart, (which has NOTHING to do with the subject of the thread.) Quote
Hodad Posted November 7, 2022 Report Posted November 7, 2022 4 hours ago, reason10 said: Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply. He is also responsible for the supply chain crisis. Too many dollars chasing too few goods. The definition of inflation. Economics 101. Find someone with an education to explain that to you. Holy crap. I'm going to award you some kind of trophy, because I've never seen so much wrong crammed into 3 lines. 1. The M1 exploded in early 2020, under Trump, a year before Biden took office 2. The money supply is primarily controlled by the Federal Reserve, which operates independent of the federal government (and the current chair Powell was originally nominated by Trump). Regardless of who is in office, the POTUS is not the primary driver M1. 3. The M1 explosion was deliberate, in response to challenges of the pandemic, with every expectation that inflation would follow. 4. It's not just the US. Central banks around the world turned to loose money to cope with the pandemic. FRED You have not taken Econ 101, but it'd be a really good idea. 2 Quote
Rebound Posted November 7, 2022 Report Posted November 7, 2022 On 11/6/2022 at 7:07 AM, reason10 said: Boys and girls, this belongs in the "I'M NOT MAKING THIS UP" category. Who could possibly imagine such an ignorant and outrageous remark, even if it is from a goose stepping Democrat? https://www.foxnews.com/politics/rep-maloney-recalls-eating-chef-boyardee-kid-during-inflation-talk-says-what-families-have-do Rep. Maloney recalls 'eating Chef Boyardee' as kid during inflation talk, says it's 'what families have to do' This DEMOCRAT left out the fact that HIS PARTY is directly and singularly responsible for the record HIGHEST inflation in history. And now we're supposed to eat canned pasta and continue to vote for those who did this? I wonder when another Democrat will suggest we eat cake. Inflation is worldwide and its especially lower in America. Quote @reason10: “Hitler had very little to do with the Holocaust.”
Rebound Posted November 7, 2022 Report Posted November 7, 2022 6 hours ago, reason10 said: Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply. He is also responsible for the supply chain crisis. Too many dollars chasing too few goods. The definition of inflation. Economics 101. Find someone with an education to explain that to you. The supply chain is global and the issues definitely started when trump was Pres. Quote @reason10: “Hitler had very little to do with the Holocaust.”
robosmith Posted November 7, 2022 Report Posted November 7, 2022 6 hours ago, reason10 said: Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply. Apparently YOUR education FAILED to teach you how US government works. Biden CAN NOT "SOLEY" approve the recovery stimulus spending. Duh. Of course recovery stimulus spending UNDER TRUMP ALSO affected the M-1 dollar supply, so you messed up there, too. 6 hours ago, reason10 said: He is also responsible for the supply chain crisis. The supply chain is disrupted WORLDWIDE. Biden responsible for that, too. LMAO 6 hours ago, reason10 said: Too many dollars chasing too few goods. The definition of inflation. Economics 101. Find someone with an education to explain that to you. You mean the simplistic theory of supply and demand? If you took ECON 201, you would find out that is simplistic sophistry. Quote
robosmith Posted November 7, 2022 Report Posted November 7, 2022 6 hours ago, reason10 said: You are the only one who does not know what he/she/it is talking about. Anyone can produce a chart, (which has NOTHING to do with the subject of the thread.) It has EVERYTHING to do with proving YOUR CLAIM WRONG. Duh Be a MAN and own YOUR MISTAKE. Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 4 hours ago, Hodad said: Holy crap. I'm going to award you some kind of trophy, because I've never seen so much wrong crammed into 3 lines. 1. The M1 exploded in early 2020, under Trump, a year before Biden took office 2. The money supply is primarily controlled by the Federal Reserve, which operates independent of the federal government (and the current chair Powell was originally nominated by Trump). Regardless of who is in office, the POTUS is not the primary driver M1. 3. The M1 explosion was deliberate, in response to challenges of the pandemic, with every expectation that inflation would follow. 4. It's not just the US. Central banks around the world turned to loose money to cope with the pandemic. FRED You have not taken Econ 101, but it'd be a really good idea. You have no idea what you're talking about. In university, I got the highest grades in both Macro and Micro Economics. What is needed here is a RELIABLE source. (So far you have provided NONE.) https://reason.com/video/2021/12/30/how-bidens-agenda-is-causing-inflation/ Quote Joe Biden is looking reminiscent of the 38th president, and not simply because he also has trouble with airplane steps. Biden, his advisers, and his champions in the press are ignoring the tough lessons of the past by downplaying inflation or bizarrely claiming it only freaks out rich people. Then there's leading Democrats like Sen. Elizabeth Warren (D–Mass.), who seemed to be channeling Gerald Ford when she tweeted out that the reason "your Thanksgiving groceries cost more this year" was "because greedy corporations are charging Americans extra just to keep their stock prices high." Even worse, Biden and crew are delusionally pronouncing that we can tame inflation by pumping massive amounts of government money into the economy—a course of action that will almost certainly make everything more expensive. "What this package will do is lower some of the most important costs, what [families] pay for health care, for child care. It's anti-inflationary in that sense," said Treasury Secretary Janet Yellen in defense of the recently passed $1.2 trillion infrastructure bill and promises of even-bigger bills related to the president's "Build Back Better" agenda. What Ford, Biden, Warren, and Yellen have in common is a failure to understand inflation's most important underlying cause, which the Nobel Prize–winning economist Milton Friedman was explaining with unique clarity back in the 1970s. "To understand the cause of inflation, you must understand that it is anywhere and everywhere a monetary phenomenon," said Friedman. Supply-chain issues and rising demand are factors too, but the biggest contributors come from the government and the Federal Reserve. Quote We've seen absolutely massive increases in government spending over the past two years, which have been paid for by printing money and historic boosts in the money supply. When you print money it means that there are more dollars chasing basically the same amounts of goods and services, which causes prices to rise. In just the past three fiscal years, federal spending has swollen to nearly $7 trillion a year, up from about $4.4 trillion in fiscal year 2019. Spending was $6.6 trillion in 2020, and $6.8 trillion in 2021. Those are the facts, and facts don't care about your feelings. And it is from a reliable source. 1 Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 On 11/6/2022 at 4:25 PM, Aristides said: When you don't know what you're talking about, silence is always a good plan. I work for a living. I don't have all hours of the day to spend putting children in their place. Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 3 hours ago, robosmith said: It has EVERYTHING to do with proving YOUR CLAIM WRONG. Duh Be a MAN and own YOUR MISTAKE. I am right and you are wrong. It helps to have a reliable SOURCE. https://reason.com/video/2021/12/30/how-bidens-agenda-is-causing-inflation/ You weren't around when politicians were tripping over their own two feet trying to figure out inflation. I was. Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 By the way, boys and girls, this thread is NOT about your left wing opinion of the cause of inflation. Your side of the aisle LOST that argument in Reagan's fourth year in office. This is about rich democrats telling us peasants to eat canned pasta, and how tacky that was. 1 Quote
robosmith Posted November 7, 2022 Report Posted November 7, 2022 On 11/6/2022 at 4:07 AM, reason10 said: This DEMOCRAT left out the fact that HIS PARTY is directly and singularly responsible for the record HIGHEST inflation in history. And now we're supposed to eat canned pasta and continue to vote for those who did this? 27 minutes ago, reason10 said: I am right and you are wrong. It helps to have a reliable SOURCE. https://reason.com/video/2021/12/30/how-bidens-agenda-is-causing-inflation/ You weren't around when politicians were tripping over their own two feet trying to figure out inflation. I was. I've been posting online about US Federal politics for the last 15 years, so you're wrong about ^this. And my chart PROVES you were WRONG about your CLAIM reposted ABOVE. It was NO KIND of RECORD HIGH. Grow up and own it. 1 Quote
robosmith Posted November 7, 2022 Report Posted November 7, 2022 35 minutes ago, reason10 said: I work for a living. I don't have all hours of the day to spend putting children in their place. And you completely FAIL when you try, which is why it takes you SO LONG. LMAO Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 4 hours ago, Rebound said: The supply chain is global and the issues definitely started when trump was Pres. Nope. Supply chain problems were caused by Biden. https://news.yahoo.com/bidens-policies-blame-much-current-230009458.html?fr=sycsrp_catchall https://nypost.com/2021/10/17/biden-administrations-mishandling-of-supply-chain-crisis-feeds-inflation/ https://www.gop.gov/biden-and-pelosis-radical-policies-are-making-the-supply-chain-crisis-worse/ Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 4 minutes ago, robosmith said: And you completely FAIL when you try, which is why it takes you SO LONG. LMAO Nope. I'm right and you are wrong. I don't fail at putting wrong people in their place. I do it with reliable sources and factual information, something you liberals are allergic to. Quote
reason10 Posted November 7, 2022 Author Report Posted November 7, 2022 7 minutes ago, robosmith said: I've been posting online about US Federal politics for the last 15 years, so you're wrong about ^this. And my chart PROVES you were WRONG about your CLAIM reposted ABOVE. It was NO KIND of RECORD HIGH. Grow up and own it. Any fool can create a chart. My sources are factual and real. I OWN this argument. You have lost it. 1 Quote
robosmith Posted November 7, 2022 Report Posted November 7, 2022 2 minutes ago, reason10 said: Any fool can create a chart. My sources are factual and real. I OWN this argument. You have lost it. I posted the source showing inflation history and you posted NOTHING which refutes it, nor proves your claim of a "record high." You're just proving your dishonesty. Quote
robosmith Posted November 7, 2022 Report Posted November 7, 2022 12 minutes ago, reason10 said: Nope. Supply chain problems were caused by Biden. https://news.yahoo.com/bidens-policies-blame-much-current-230009458.html?fr=sycsrp_catchall OPINION by Beth Van Duyne represents the 24th District of Texas 12 minutes ago, reason10 said: https://nypost.com/2021/10/17/biden-administrations-mishandling-of-supply-chain-crisis-feeds-inflation/ https://www.gop.gov/biden-and-pelosis-radical-policies-are-making-the-supply-chain-crisis-worse/ Your cites are NOT evidence, they are ONLY OPINIONS of Republican politicians. Find some REAL reporters that are reporting FACTS. 1 Quote
Hodad Posted November 8, 2022 Report Posted November 8, 2022 (edited) 8 hours ago, reason10 said: You have no idea what you're talking about. In university, I got the highest grades in both Macro and Micro Economics. What is needed here is a RELIABLE source. (So far you have provided NONE.) https://reason.com/video/2021/12/30/how-bidens-agenda-is-causing-inflation/ Those are the facts, and facts don't care about your feelings. And it is from a reliable source. Lol, no, you didn't. You may as well have claimed super strength and invisibility. Those seem just as plausible The Federal Reserve, which controls the money supply is indeed, the most reliable source for information on the money supply. And indeed, anyone with eyeballs can see the M1 explode under Trump in 2020. That's not his fault. He shot his load early with an unnecessary stimulus and is in all other ways a total dipshit, but Trump didn't pull the lever on the money supply. Edited November 8, 2022 by Hodad Quote
reason10 Posted November 8, 2022 Author Report Posted November 8, 2022 14 hours ago, robosmith said: I posted the source showing inflation history and you posted NOTHING which refutes it, nor proves your claim of a "record high." You're just proving your dishonesty. You have posted some hack's OPINION of the history of inflation in a chart. I have refuted your hack sources with reliable sites and facts. No dishonesty involved in winning an argument with you. 1 Quote
reason10 Posted November 8, 2022 Author Report Posted November 8, 2022 14 hours ago, robosmith said: OPINION by Beth Van Duyne represents the 24th District of Texas Your cites are NOT evidence, they are ONLY OPINIONS of Republican politicians. Find some REAL reporters that are reporting FACTS. Your sites are not evidence. Just OPINIONS from liberals. There are NO real reporters on the left. And NO FACTS. Quote
reason10 Posted November 8, 2022 Author Report Posted November 8, 2022 7 hours ago, Hodad said: Lol, no, you didn't. You may as well have claimed super strength and invisibility. Those seem just as plausible The Federal Reserve, which controls the money supply is indeed, the most reliable source for information on the money supply. And indeed, anyone with eyeballs can see the M1 explode under Trump in 2020. That's not his fault. He shot his load early with an unnecessary stimulus and is in all other ways a total dipshit, but Trump didn't pull the lever on the money supply. That is a LIE. My sources (which are factual) have PROVED it is a lie. This inflation is BIDEN'S FAULT. Those are the facts, and facts don't care about your feelings. 1 Quote
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