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Government creates inflation

newtboy says...

To my “the fool”-
Again you lie. Point to when I ever said that you fucktard. I have ALWAYS said deficit matters, so does intelligent spending, so does overall debt, so does our national credit rating. All went to shit faster than ever before or since under your dementia riddled crime boss.

Your brain is mush. You just make up nonsense constantly, then contradict yourself.
It was you who said for 4 years that deficits don’t matter while your idiot ran up the deficit and debt faster than ever before and I shouted daily that he was bankrupting the nation and not getting anything for it, at least Biden invested his spending in America, didn’t waste it on useless trade wars, tax breaks for the ultra rich (that didn’t trickle down or stimulate the economy) and PPP handout loans to business “owners” (that didn’t have to be repaid and were ripe with fraud because there were no standards, no vetting, because it was in fact designed to be easy to defraud and was the most fraudulent assistance program in history) and other ego driven stupidity that gained nothing, all this at America’s expense with no benifits.

I have never once said anything nearly so stupid. You have often. Let me ask (for you to ignore the question because you hate the answer)…who had the last balanced budget…who last paid down the debt? Hint- it rhymes with Minton. Which party presided over the last 3 major recessions? Hint- they all wear red ties.

You denied spending mattered when it was out of control under maga leadership, you have absolutely not been saying this all along you liar. When I said starting in early 2020 that Trump’s out of control spending spree and crashed economy in 2020 would result in high inflation… you denied it was related, then blamed Biden when the predicted inflation spike hit.

Government needs to spend wisely, not for ego and spite like Trump spent. Biden spent a lot, but it revived the economy much faster than any other Western nation after Covid and improved GDP significantly….after Trump’s Covid response was the worst in any Western nation by far making killing Americans at 5 times the percapita average worldwide and turning our GDP to a negative for the first time in history in peace time.

The Republicans have blocked a balanced budget for decades, but we do have a budget, moron. Their obstruction, trying to shut down the government out of spite has lowered our credit rating costing billions or trillions for absolutely no gains.

Maga would prefer no government at all and is actively working against the government functioning, but these idiots can’t see past their “freedom” (freedom to be horrifically evil, racist, uncivil, and inhumane) to understand that we would become Russia or China in a week, and their little home protection guns and fake “militia” clubs won’t kill a single soldier in the invasion.

Still waiting you ballless wonder. Such a whining little cowardly infant…DJ really turned you into a petty, uneducated, idiotic pansy boy. Must be all that fantasizing about sucking the mushroom tip. It’s hilarious your insecurity forces you to keep displaying your insecurity publicly, incapable of admitting you’ve ever been w-w-w-wrong (despite your never actually being right, especially when it comes to speaking English) because you’re so insecure you are certain that if you admitted you made a mistake no one will love you. 😂

bobknight33 said:

Your the fool that keeps saying deficit does not matter.
Now you want to claim otherwise. Funny.



I've been saying this all along.

Government need a budget not CRs.

This non budget has been going on for nearly 20 years.

Are you better off today VS 4 years ago

newtboy says...

Because the economy was DEAD
Are you so dumb you don’t remember, @bobknight33?
Oil was actually free because no one used gas and there was a glut, so was money (0% interest) but the economy still tanked, kids quit school to never return, shelves were empty, businesses closed at record rates, unemployment reached record highs, riots in the streets, lawlessness and violent crime rampant and getting worse faster than ever, supply chains were broken nationwide, domestic terrorism constant, stock market crashed. 4 years ago literally everything was the worst it had ever been and was getting worse.
Maga clearly doesn’t remember that, your brains are mush.

Kamikazi Drone Hits Kamikazi Drone Factory 1200 km In Russia

Reefie says...

While I am supportive of Ukraine's efforts to curb Russia's weapons production, I'm a tad confused by this video.

Initially we see a single-prop 2 person aircraft with landing gear down crash into a building and an explosion ensues.

Later in the video we see a still of a winged drone as the video informs us that Ukraine have been improving their drone fleet, obviously a fraction of the size of the aircraft we see in the crash.

Any possibility that someone has taken footage of a plane crash and spun a yarn from it? Or is there another explanation why the aircraft featured at the start of this video is nothing like the drones Ukraine have been using against Russian ships and other targets?

bobknight33 (Member Profile)

newtboy says...

So…BOOM back DOWN to a negative GDP, historically high unemployment, closing businesses at unheard of rates, thousands dead per day, closed schools, exploding inflation, crashed stock market, empty shelves, complete supply chain gridlock, civil unrest, a failed violent coup, etc.?

What are you talking about? You MAGA morons always forget about 2020, or think Biden was president then. Hate to tell you, most economic indicators and trends are actually better than before the pandemic that Diaper Don Poorleon utterly failed on, causing irreparable damage to America and the economy in every way.

You are incapable of accepting reality.
You are also incapable of speaking English without making idiotic mistakes a second grader would be embarrassed of…but claim to have earned a degree! 😂

bobknight33 said:

The only "BOOM" is to bring it back to where Trump left off.

Biden is a joke.
You are incapable to find truth due to your bias.

bobknight33 (Member Profile)

newtboy says...

More idiotic stupidity. Anti-American wishful thinking, wishing the economy was tanking so you could blame Biden, but you would never under any circumstances give him credit for the boom…to the extent you actually deny the economy is doing well to avoid crediting Biden. 😂 It’s exactly what Don Poorleon told you to do…he hopes the economy will crash before the election because it might benefit him personally, who cares what it does to America. It’s why MAGA is outraged that a spending bill got through, they want another disastrous government shutdown, and would blame the left for the costly effects despite being the obvious culprits.

The economy is doing great, despite the ridiculous statements that you cut and pasted about “”survey based hope”, whatever the fuck that’s supposed to be, on Bulgarian site zerohedge, an extreme far right propaganda site that is so outrageous in its constant stupid lies only idiots can believe that it’s been banned from google and others for claiming pseudoscience and insane conspiracy theories as facts. https://mediabiasfactcheck.com/zero-hedge/
You cannot think for yourself at all anymore, to the point you can’t even read an article and give a synopsis, all you can do is cut and paste nonsense. What a sad useless state to be in.

And what do you get from them, more ridiculous prognostications of doom and gloom that absolutely never come to pass. “Sure, we admit that under Biden’s leadership everything is great now, way better than Trump left the country/economy, but it’s all about to crash because Biden is incompetent and has just been coasting on Trump’s success for 3 years.” You’ve been trying to sell that absolute insanity for 3 years now.

Facts- GDP up, wages up, inflation down, stock market booming, jobs still at unprecedented high levels, interest rates steady. Is this “report” (that you know I’m not clicking Mr virus) just abut Tesla or Facebook or Toth Senchal? Trump org? Are its stats coming from Dementia Don? Sounds like it. It’s certainly not about the country as a whole.
America’s economy recovered from the disastrous covid (non) response that was the worst among western nations (in 2020 1/4 of worldwide covid deaths happened in America under Trump, 5 times the worldwide per capita average), recovering faster and stronger than any other western nation.

You really need to try real news sources, not just propaganda sites that sell you stories you want to be true. Sucker.

bobknight33 said:

How that Bidenomics going. Not so good is it. The Biden economic clock winding down.

https://www.zerohedge.com/markets/bidenomics-blowback-survey-based-sentiment-collapses-hope-evaporates

Bidenomics Blowback - Survey-Based Sentiment Collapses As 'Hope' Evaporates


Under the hood was even more problematic:

New orders fell at a faster pace; signaling contraction

Employment fell at a slower pace; signaling contraction

Inventories fell at a faster pace; signaling contraction

Supplier deliveries fell and a faster pace; signaling contraction

Production fell at a faster pace; signaling contraction

Order backlogs fell at a slower pace; signaling contraction

Worse still, Prices paid rose again!

So, in summary: slower growth, declining production, shrinking orders, falling employment... and accelerating inflation - is it any wonder that 'soft survey' data is collapsing - not exactly election-winning headlines.




Biden's foreign policy is just as bad--- a bad joke.

FJB MEGA 2024

Francis Scott Keys Bridge In Baltimore Collapses

cloudballoon says...

I read the news at 4am last night after pulling some OT. Shit I had a hard time going to sleep doom scrolling for another 30 mins before I put down the phone.

From this video, seems like the ship's power was going in/out intermittently before the crash with heavy smoke billowing out, so that might be engine/fire trouble.

Why that is (poor maintenance record, sabotage or what not) is to be determined. It's just a very inopportune, and deadly, time to have that kind of power outage.

Damn stupid & cruel to politicize this accident.

newtboy said:

Of course…

Republicans are already politicizing this tragedy in multiple ways…
1) insinuating because it’s a foreign owned ship it might be intentional/terrorism
2) insinuating that because it’s a foreign owned ship it has something to do with “open borders”
3) tying the expected economic impact to automatically creating more inflation, quickly blamed on Biden and
4) blaming the collapse on poor infrastructure which they blame on Democrats despite Republicans having voted against the first meaningful infrastructure bill in decades, a Democrat written and sponsored bill they all take credit for now.

Meanwhile the White House has sent federal assistance, sent the Secretary of transportation, and already pledged the army core of engineers to clear debris and rebuild as fast as possible using federal money to be recouped from the shipping company later (not wait years to rebuild while we litigate their responsibility).

Quite a stark contrast in leadership styles on display.

Another viewpoint of the accident…

Francis Scott Keys Bridge In Baltimore Collapses

bobknight33 (Member Profile)

newtboy says...

How stupid can Don be? No, really?
He’s terrified because on Monday “his” properties begin being seized. He has filed in court insisting it’s impossible for him to even get a bond for his judgement and can’t pay it so needs a stay or massive reduction, begging the court for leniency and mercy, and at the same time ranting on social media that he has $500 million in cash he could put up but he just doesn’t want to, the court is all corrupt and playing political games not applying laws, and he’s publicly thumbing his nose at them.
What do you think the court is going to do with that? 😂

It all crashes down Monday, when everything he owns gets seized and it’s still not enough to cover his debts, much less his upcoming multi million dollar legal bills from 4 criminal cases. It’s hilarious people believed he was so rich, thinking anything his name was on is his…it’s not. Even the few properties he “owns” are really usually owned 90-95% by banks or partners. My understanding is he has a $25 million mortgage on MarALago that’s only worth $18 million unincumbered! Guaranteed it’s not alone being underwater. Even at full face value, his NY properties won’t cover the debt. He really need Putin to rescue him….ain’t gonna happen.

bobknight33 (Member Profile)

newtboy says...

And more great Bidenomics news. Jobs double expectations, unemployment didn’t go up, stock markets hitting record highs, great gdp numbers, no recession, low and dropping inflation, waiting for the crash Trump hopes for isn’t making it happen.
Ready to admit you were W-W-W-W-W-Wrong on that one? You’ve been saying “just give it time” for a year now, didn’t collapse. 😂

But I get it, admitting your mistakes is hard…if you’re insecure.

newtboy said:

More economic news proving Bidenomics has been great for America. GDP beat all expectations. Unemployment remains at record lows. Inflation is still below 3.5%. Wage growth is above 4.6% (5.1% last year). Stock markets are hitting record high after record highs. The guaranteed recession and likely long term depression forecast for 2022-2023 was avoided completely.
I’m still waiting to hear something that’s not great, and I don’t mean complaining about 2021’s high inflation.

The economy doing great is terrible for Trump, that’s why he’s repeatedly said he hopes our economy crashes and we slide into a depression so maybe he could finally get more votes than his opponent (something that has never once happened in his lifetime).

bobknight33 (Member Profile)

newtboy says...

More economic news proving Bidenomics has been great for America. GDP beat all expectations. Unemployment remains at record lows. Inflation is still below 3.5%. Wage growth is above 4.6% (5.1% last year). Stock markets are hitting record high after record highs. The guaranteed recession and likely long term depression forecast for 2022-2023 was avoided completely.
I’m still waiting to hear something that’s not great, and I don’t mean complaining about 2021’s high inflation.

The economy doing great is terrible for Trump, that’s why he’s repeatedly said he hopes our economy crashes and we slide into a depression so maybe he could finally get more votes than his opponent (something that has never once happened in his lifetime).

bobknight33 said:

What idiotic puke are you spewing.

You get your information from the same rag that say Bidenomics is doing great.

Bidenomics is not great.

bobknight33 (Member Profile)

newtboy says...

Uh oh…Habba has been caught lying to the judge again, this time claiming she had a high fever and likely covid to get a delay in the current trial, then instead of going home after leaving court she went with Trump campaigning and doing press events for the next 3 days….caught by a massive MAGgot and Jan 6 attacker who took a friendly picture with her and was thrown out of the Trump event without explanation. That photo has now gone public and exposed her lies to the judge. Really dumb to lie to the judge before trial ends….that’s Trump.
Bonus- The UAW president torched Trump during the union’s public endorsement of Biden, reminding everyone how Biden came to the picket lines with the UAW and supported blue collar working Americans while Trump went to a non union shop, hired actors to pretend to be union workers, and trashed the union in his speeches. He’s lost young voters, women, minorities, and union workers, never had educated professionals…who’s left? Uneducated unemployed racist white guys…your people. Probably why he’s saying he intends to give MORE tax cuts to corporations and the .001% but not to average Americans, their taxes will go up again. BTW, those massive deficit exploding tax cuts not only didn’t pay for themselves at all nor did they raise the GDP, they crashed the economy to near depression and the debt skyrocketed faster than ever before.
And Gaetz’s sex trafficking investigation is ramping up, talking to the girls and young women he bragged about sleeping with after paying and shipping them across the country for sex. Where is Greene’s outrage? Completely absent, because it’s all fake outrage.

Wash, rinse, repeat (according to some)

newtboy says...

Republicans refuse to see Hunter Biden who is sitting in congress waiting to testify…



As to the economy and American’s pocketbooks….Unemployment at record lows and below 4% for the longest period in my lifetime, gdp at record high in 2022, inflation down, gas prices below $3, groceries cheaper, wages rising faster.
Under Trump we got record high unemployment for the longest stretch in memory, the first negative gdp I’ve ever heard of in America, inflation exploding, cheap gas only because no one was working so demand went to zero, empty shelves and exploding prices, stagnant wages, and over 2 million people permanently removed from the job market (1 million dead, well over 1 million permanently disabled)…Trumps own cdc said his disastrous policies caused over 40% of those cases that many other countries avoided with sane covid policies.

Just yesterday Trump publicly hoped and wished for a major economic crash this year because it would help him in the election, not caring one whit that it would hurt America badly. Says it all, and goes right through that empty space between your ears without pausing.

It’s no surprise you have it 100% backwards…you are basing your position on what Trump told you not actual economic statistics, what he says are all lies.

bobknight33 said:

Joe Biden and the Democrats are a disaster for the American pocketbook.

bobknight33 (Member Profile)

newtboy says...

You’re really deepthroating Elon’s Nazi loving cock lately.
You claimed you sold all your “all in on one” stock before the crash (you said that after the crash to pretend you didn’t lose your shirt, not before or during)…it’s pretty obvious that was another lie or you wouldn’t be such a fan boy still pushing everything Tesla.

Wait for actual customer reviews of the cybertruck, not Tesla propaganda. They never come close to their own hype. Customers of their cars complain about build quality constantly…that’s going to be a killer in a pickup that needs great construction to take the abuse a pickup is designed to take…especially at over $100k.

This truck is years behind promised delivery, with 2/3 the towing capacity, less range, and double the price promised. No bullet proof windows (what a failure that was), and there are MULTIPLE better options available. This idiotic looking truck won’t sell 1/2 what Ford does of the lightning, which costs 1/2 the price and looks great, not like an origami project.
Also, Fords aren’t publicly tied to Naziism, fascism, or extremist far right lies like Elon is…and electric vehicles are clearly marketed towards people who believe in issues like climate science, so liberals. Liberals are less likely to buy a car from a company who constantly and nastily uses their money to advance politics they abhor, which explains the poor Tesla sales since Elon came out as a far right extremist, racist, abusive boss with a 4 year old’s temperament.
Driving a Tesla today is literally funding racist fascism, and the customer base doesn’t support fascism, and you fascists don’t buy EVs.

Ohhhh….Trump was just caught illicitly moving $40 million out of his NY businesses for personal use without reporting it to the court appointed monitor he has been ordered to report any transfers to. Expect a huge fine or remand. 😂

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.

Most wild nyc police chase you will ever see

mxxcon says...

People did get hurt. All the cars that fuckface crashed into.

w1ndex said:

Lol, what a maroon. That disclaimer is hilarious. Still, this is dumb and they're lucky no one was hurt.



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