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How Bad is The Cost of Living Squeeze In the US?

newtboy says...

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.

bobknight33 said:

" it’s better by every single measure used to measure any economy."

Gas , food , cars, interest rates all cost more.

-Your dumber than a bag of hammers.

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

Shows your delusion perfectly.
It’s not worse, it’s better by every single measure used to measure any economy.

Inflation has turned around and is down to 3.24% with wage gains outpacing it by almost double, and wage gains were the highest ever at 15.28 % in April of 2021 under Biden and a record low of -5.89% in April of 2020…who was president then? Low inflation doesn’t mean shit when unemployment is at record highs wages are actually going DOWN, shelves are bare, and GDP is NEGATIVE!!
Negative wage growth is the same as inflation…it lowers earning/spending power…so does losing 15-20 million jobs!
So, combine wage growth and inflation then average in the unemployed at $0 income to get average earning/spending power, you will see earning/spending power was much LOWER in 2020 under Trump even for those that kept their jobs…when you could actually find anything to buy that is. 🤦‍♂️
I know you don’t remember a hour ago, but many of us remember 2020, the terrible, horrible, no good, very bad year in so many ways ending in a coup attempt.

Good management turned what Trump left, a triple decker shit sandwich in a festering sewer and guaranteed recession at best according to every economist, into a boom so great inflation spiked higher than just thanks to Trump wasteful overspending and pure handouts to business owners with completely unregulated no background check no repayment PPP loans, but Biden’s fed handled it and inflation is barely above average and well below all other G7 nations by far.

You think the economy is worse now than record high unemployment record low wage growth record low gdp record discretionary federal spending and record business closures!?!…by what measure buddy? What measure? Inflation is down, earning power is up….WAY UP. Your feelings don’t mean shit….in fact, fuck your feelings snowflake.

bobknight33 said:

Inflation.

nuff said
Your old play book of blaming the previous administration is pure BS.
If Biden was handed a shit sandwich He has had 3 years to push policies to turn the ship around . But he hasn't It is worse.

bobknight33 (Member Profile)

newtboy says...

Another case of PROVEN brazen and systematic voter fraud on the part of a self-proclaimed Christian Republican. This time, Kim Taylor, the wife of elected Republican Jeremy Taylor, was just FOUND GUILTY on 52 separate counts related to a scheme to stuff ballot boxes in her husband's race for Congress.
She collected ballots from Vietnamese people who didn’t speak English, filled them out for her husband herself no matter who they wanted to vote for, and stuffed them in ballot boxes. She also illegally filled out voter registration for their children with her address and outright stole their ballots and voted using them, which ended up keeping those children from getting to vote when they tried!
He still came in third.


Not alleged cheating, She’s been CONVICTED of 52 counts, her husband is a non indicted co conspirator. She harvested ballots from non English speaking Vietnamese people (she’s Vietnamese) and filled them out for her husband no matter who they wanted, and she stole voter registration cards for their children, filled them out with her address, stole their ballots and voted for her husband (and other Republicans), and she then submitted all these fraudulent ballots, which ended up keeping the children from voting when they tried in person.

Despite the 2020 cheating scandal AND still losing that election, he was later elected as a county Supervisor in Iowa…because the right doesn’t care about election integrity or the law one whit.

Republicans can’t win even when they blatantly cheat.

bobknight33 said:

Bridgeport Election Overturned After City Official Pleads 5th To Ballot Harvesting.
A Bridgeport, Connecticut judge ruled on Wednesday to overturn the city's Democratic primary election after video emerged of a woman who appears to be the city's vice chair of the Democratic Town Committee, Wanda Geter-Pataky, committing ballot fraud.

Those cheating Democrats.
Democrats can't win with out cheating.

https://www.zerohedge.com/political/bridgeport-election-overturned-after-city-official-pleads-5th-ballot-harvesting

Palestinian UN Ambassador At UN

newtboy says...

Hint- Not being 100% free of fear is no excuse for becoming the invading Nazis themselves. The Nazis used fear of the other as an excuse for expansionist inhumanity too….it’s not one.
Having lived through fascist oppression one would think they would be vehemently opposed to it, but they are instead relishing it.
Look at Netanyahu’s face when he talks about crushing and eradicating Palestinians, he’s really enjoying it.

If your group is suddenly being lambasted from all sides, you might consider why, not just whine that it’s unfair and scary. There’s good reason for rising anti Zionist sentiment today…and many on both sides aren’t bright enough to distinguish that from anti Jewish sentiment.

In some places, the six pointed star is the most prevalent symbol of murderous fascist hatred. Guaranteed it’s freshly painted on hundreds of flattened buildings today, many with dead children still inside. That’s a bit worse than a kid’s provocative tag under an overpass. Other recent instances include mosques burnt down and tagged with star of Davids. Don’t get it twisted, don’t excuse violence over fear.
https://www.haaretz.com/middle-east-news/palestinians/2020-07-27/ty-article/.premium/west-bank-mosque-set-on-fire-vandalized-with-hebrew-graffiti/0000
017f-f494-d47e-a37f-fdbcd6f20000

bcglorf said:

If a hint is needed for why the 1940s immigration happened, folks all over western cities are spray painting logos right now to remind us all.

Link below is to my tiny province's capital, but it's hard to find cities that aren't seeing it swastika's popping up all over. The left is suddenly all soft though now on the punch a nazi policy...

https://www.cbc.ca/news/canada/manitoba/anti-semitic-graffiti-removed-from-pedestrian-underpass-1.7023036

bobknight33 (Member Profile)

newtboy says...

“Did you ever think that the values were off in your statement of financial condition?” Assistant Attorney General Kevin Wallace asked the former president,
“yes, on occasion” Trump responded
😂

Case closed. That’s it. That’s Trump admitting he knowingly and willfully committed major bank and tax fraud…”on occasion”.

He tried the “I have a disclaimer clause so I’m allowed to lie as much as I want.” defense…Engoron has already ruled that the clause does not absolve him of the responsibility to provide true and accurate reports of property values to both lenders and the state, does not allow him to lie or substitute possible future value for today’s actual value, and doesn’t allow the exaggeration of square footage either…all of which he admitted on the stand that he does.

Letting Trump testify was the worst decision Habba has made yet, and it’s going to end in both a total loss in court, a minimum of $250 million in damages maybe much more, and criminal charges against Trump and maybe his kids for the frauds. He would have been infinitely better off staying silent and just losing…but we all know remaining silent is an impossibility for him.

Edit-He’s in check mate for Jan 6 by Chutkan too. He’s saying publicly that he intends to use an “advice of council” defense, trying to claim he just got bad advice that he could foment a coup and send fake electors to steal the election so shouldn’t be libel, but he and his dime store lawyers didn’t understand that that defense waives 100% of attorney client privilege and now he’s being forced to decide if he will use that defense before trial and if so must disclose all communications with his lawyers from 2020-21. 😂

So in short, either disclose all records of his planning for Jan 6 and the big lie which itself would disprove and negate his advice of council defense, or forget the advice of council defense, the only defense he had.
😂 Would the prisoner like a blindfold or a cigarette? 😂

bobknight33 (Member Profile)

newtboy says...

Jesus you’re a moron.

You’re also 100% wrong….as usual.

Maybe don’t get your news from Tyler Durden (He’s the anarchist terrorist nutjob from Fight Club you idiot)…and maybe learn to read.
None of what you claim is in the article you linked.
Every detail you got wrong.

No election was overturned.
The primary is being rerun because of possible interference, no ballot harvesting was proven. The ACCUSATION was ballot stuffing, not harvesting…and it also wasn’t proven.

The person accused of ballot stuffing didn’t win the primary…so you’re wrong on that point too. WTF you brain dead slug?!?
That said, those caught appearing to submit multiple ballots to ballot boxes (something a family member, a police officer, an ELECTION OFFICIAL or a caretaker may do, so may be no crime at all) need to be investigated and prosecuted to the fullest extent to determine IF there was a crime, and if so given the max sentence…right after all the Republicans caught cheating in 2020 and 22 are.

Cheating democrats lose every time…look at Clinton…democrats don’t like cheaters. Only cheating republicans win, not honorable candidates, cheating by ballot harvesting, ballot stuffing, voter roll purging, gerrymandering, double voting (like Trump famously and publicly instructed Republicans to do in 2020), threats of physical violence, actual physical violence, etc, and they are protected by your party of criminals like you just protected MAGA fraud Santos from expulsion for being a total 100% fraud in every way possible AND a fugitive AND an illegal alien (there’s no way he legally immigrated while he was a legal fugitive from Brazil)…repugnacans (repugnant republicans) like yourself think only morons follow rules and the law or tell the truth if it doesn’t benefit them, even when under oath.


In your state it was proven that the Republican filled out thousands of registration cards with his office as the address, and voted using those ballots. He also had staff collect thousands of ballots from nursing homes and fill out any race not voted on for republicans. He’s just one of dozens of republican candidates that were caught cheating elections.

Also….it’s without…not with out.

bobknight33 said:

Bridgeport Election Overturned After City Official Pleads 5th To Ballot Harvesting.
A Bridgeport, Connecticut judge ruled on Wednesday to overturn the city's Democratic primary election after video emerged of a woman who appears to be the city's vice chair of the Democratic Town Committee, Wanda Geter-Pataky, committing ballot fraud.

Those cheating Democrats.
Democrats can't win with out cheating.

https://www.zerohedge.com/political/bridgeport-election-overturned-after-city-official-pleads-5th-ballot-harvesting

bobknight33 (Member Profile)

newtboy says...

And….
Unemployment still 3.8%
MONTHLY inflation is at .5%. Yearly down to 3.7%…better not worse.
GDP at 4.9%! WAY better, not worse.
The fed stopped raising rates before you wrote this two months ago. That’s better, not worse.
Wages- Wages in the United States increased 5.31 percent in September of 2023 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2023, reaching an all time high of 15.28 percent in April of 2021 and a record low of -5.89 percent in April of 2020.
That’s better, not worse.
https://tradingeconomics.com/united-states/wage-growth#:~:text=of%20Economic%20Analysis-,Wages%20in%20the%20United%20States%20increased%205.31%20perce
nt%20in%20September,percent%20in%20April%20of%202020.

Trump spent at more than double the rate Biden has, and lowered federal income by trillions…Biden’s spending is largely infrastructure investments (like roads, bridges, internet, etc) that historically pay off 100 fold in the long term, not handouts to billionaires that take the money offshore never to be seen again, or “walls” that are really useless fences that don’t slow the increasing undocumented immigration one bit. Biden’s spending is better for America, not worse.
Your point?

Keep fooling yourself, the proof is still in the numbers, and Bidenomics has turned the country around from the worst year in living memory in just about every way imaginable, Trump’s nightmarish 2020.

bobknight33 said:

3.8% unemployment will go up.
Inflation is not at 2.1% Going down yes but not at target.
FED still need to destroy jobs.
670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession.

Massive Government spending created this.

Keep fooling yourself . Biden economics are hurting Americans and it will get worse.

bobknight33 (Member Profile)

newtboy says...

Rub-roe.
Indicted Trump lawyer Stephany Lambert has now been caught hiding emails she sent to Cyber Ninjas during their fake “audit” of Arizona in which she tells them if they didn’t find fraud Cyber Ninjas should just say they did anyway…which publicly they did for months.
This woman was also caught red handed taking stolen voting machines apart.

More MAGA election fraud coming to light daily. Every single fraud scheme in 2020 and 2022 discovered so far was a MAGA fraud…and there were many.

Don’t you find it odd MAGA isn’t screaming for those caught committing election fraud to go to prison long term after all the years of screaming how those committing election fraud are treasonous traitors that deserve death? 🤦‍♂️

Is Anything Real in China Anymore?

bobknight33 (Member Profile)

newtboy says...

@bobknight33… Still waiting.

Another month of 338000 new jobs, twice what was predicted.
Unemployment has still not gone up from 3.8% one bit.
Wages still rising twice the inflation rate or better.

Massive government investment in America despite near unanimous Republican opposition created this.

Keep lying to yourself, the economy is doing well despite repeated Republican attempts to sabotage it with “shutdowns”, and never forget what 2020 was…worst unemployment in living memory and worst gdp ever….Trump policy at work.

bobknight33 said:

3.8% unemployment will go up.
Inflation is not at 2.1% Going down yes but not at target.
FED still need to destroy jobs.
670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession.

Massive Government spending created this.

Keep fooling yourself . Biden economics are hurting Americans and it will get worse.

A sane analysis of an insane situation

newtboy says...

In January 2020, the Donald Trump-led Justice Department formally declared that impeachment inquiries by the House are invalid unless the chamber takes formal votes to authorize them, which has not happened.

The FBI, DOJ, AG, and other government departments are bound by their still valid decision, so won’t be responding to any subpoenas until the full house votes for the inquiry.

This inquiry is going to be the freedom caucus alone in a room with no witnesses or evidence because their inquiry is not valid without a full house vote first. Hopefully the Democrats will put a babysitter in there to watch them so they don’t foment another coup attempt.

https://www.politico.com/news/2023/09/12/trump-doj-assist-biden-impeachment-probe-00115393#:~:text=In%20January%202020%2C%20the%20Donald,formal%20vote
s%20to%20authorize%20them.

Edit: even after caving and trying to start this illegal inquiry, McCarthy is still facing a removal vote from his own party, and has indicated he expects a government shutdown at the end of this month if Social Security and Medicaid aren’t cut drastically or ended completely. More proof Republicans can’t lead and are the worst possible stewards of the economy or nation.

Let's talk about Trump, Georgia, $200,000, and bail....

newtboy says...

No, that’s dumb, pretending these people’s responses aren’t either totally staged or a 1% cut of their actual interviews, but it’s still not as dumb as your previous attempt to spin a fourth indictment on 91 anti-American felonies and a mug shot as a positive for the “law and order” party. 😂
PS- lawsuits disqualifying Trump from being on the ballot are being filed already in Florida.

https://thehill.com/regulation/court-battles/4171623-florida-lawyer-files-challenge-to-disqualify-trump-from-2024-race-citing-14th-amendment/#:~:text=
A%20Florida%20lawyer%20is%20challenging,6%2C%202021%2C%20Capitol%20attack.

Shaneyyricch? 😂 More getting your “unbiased news” from dishonest hyper partisan nobodies on YouTube. At some point you might rethink that, it’s been disastrous for you.


Trump got under 12% of the “black” vote in 2020 (being generous, some polls show him below 10%, still up from 8% in 16)…but based on your posts you must think he got 90%+. It’s complete lunacy.

bobknight33 said:

(Paraphrasing)- “Blacks for Trump” represent the entire non white community and they all love trump for being a criminal

bobknight33 (Member Profile)

newtboy says...

Oops…in her court filed response to being sued by Az election officials for slander and libel Kari Lake admits she lied about election officials in the 2020 election, but is, like Trump, pretending the first amendment means slander and libel don’t exist and she can say any lie about anyone or anything even in court filings with no consequences….that’s not going to work out for her.

Twice impeached, 4 serious indictments on 91 felonies and many more to come. A rapist, public incestuous pedophile that bragged about forcing very young little girls to get naked so he can leer at them and said the thing he has most in common with his teenaged daughter was sex…fraud, charity thief, election fraud perpetrator, multiple bribe taker, man who actually publicly said we should suspend the constitution for him, and ultra top secret classified document thief and exposer, and terroristic leader, and insurrection leader…that’s why….



This is you guy. This you pick. 😂
Hilariously clueless that he posts his mugshot with the caption “never surrender” hours after getting this mugshot taken while he was literally surrendering! 😂

bobknight33 (Member Profile)

newtboy says...

Ruh-roe…
The former Georgia State Republican Party Chairman David Shafer just filed sworn documents in court admitting that Donald Trump and other federal officials directed him to become a fake elector and file multiple false documents falsely certifying the fake electors in the plot to overturn the Georgia Presidential election results in 2020….directed him verbally and in writing!
I don’t know, but I’m guessing he just got a new lawyer not paid for by Trump (or his pac).

Is Donald Trump a Fascist? | Robert Reich

newtboy says...

Another flat denial with absolutely zero facts…that’s what’s called infantile whining, bob.

“Stupid and gullible”…
Says the man who has gotten every single fact wrong over the last 10+ years.
Says the guy who says Jan 6 was a false flag.
Says the man who claimed the election was stolen (and believed the hundreds of lies that went along with the big lie).
Says the man who said it was a great time to go all in, mortgage the house, borrow all you can and buy all the Tesla stock you can when it hit $400, and continued the same advice as it plunged to near $100. Oddly enough, when it hit bottom, you stopped telling people to buy! WTF!?!
Says the man who denies climate change.
Says the man who said Jan 6 was non violent.
Says the man who said Mr Pelosi was attacked by his gay lover, not a typical violent MAGA nutjob trying to murder Nancy.
Says the man who said covid was a nothing burger requiring absolutely no action.
Says the man who said vaccines are more dangerous than the disease.
Says the man who was alive in 2020 but still tries to say Trump was great for the economy and Biden is bad.
Says the man who still believes the NEXT whistleblower against Hunter will finally be a real whistleblower with proof, not another Chinese spy or another paid actor with zero proof of anything.
Says the man who bought every single idiotic racist lie from Qanon for the last 8 years.
Says the man who, when presented with hundreds of high level republicans convicted of sex abuse and child sex crimes (and lists of hundreds and hundreds more in the wings), including your officially a rapist ex president, says “democrats, the party of debauchery” without being able to show any debauchery by democrats.

I could continue this list of things you got wrong all day long, just like I could send you page after page of high level republicans convicted of child rape and sex abuse charges all day long. You believe stupid nonsense propaganda and deny facts and statistics as a matter of course. You are always absolutely 100% certain of what you claim despite having zero evidence and being told by people who lied to you dozens of times before.

There has never, not for one second, ever been another person 1/2 as stupid or gullible as yourself here on this platform. You get everything 100% wrong, then disappear when you’re twisting and lying doesn’t convince a single person of your lies, then you return in a week with a new set of baseless lies and nonsense.

I’ve spent years debunking the insane right wing lies you spout with facts and figures and references telling you where they come from….you don’t give references because where your “information “ comes from is embarrassing….random internet trolls and disgraced sources like Glen Beck and Alex Jones who both have repeatedly and under oath admitted even they don’t believe 10% of the nonsense they spread, but it makes money selling anger and stupidity to morons, and you just love to lap it up.

It’s actually impressive you are so self unaware that you don’t see how wrong you have been consistently for over a decade. It takes some serious head in the sand denial of reality to be you.

bobknight33 said:

I walk in peace knowing that there are a very stupid and gullible people like you walking around.



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