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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.

ant (Member Profile)

bobknight33 (Member Profile)

newtboy says...

Blew your cover in the first word, comrade. Any American knows the phrase is WIDELY reported, not wildly. 🤦‍♂️

“Stalled”!?! Nice way to say “refused, lied, hid, and fought tooth and nail to keep as his own property to sell and trade as he saw fit”. He didn’t stall, he STOLE. Once again your 3rd year english failed you, comrade.

No surprise, you don’t understand the importance of Trump PERSONALLY going through the boxes and selecting stolen top secret classified documents to keep and hide from the upcoming warranted search he knew was coming (remember, the warrant was presented well before the search giving Trump time to hide stolen classified state secrets) apparently it’s ON VIDEO! It destroys his claim he didn’t know he had them, and it was his subordinates fault they weren’t returned….his best, but a failed defense.

I absolutely see a problem with nearly every president/vp even senators having some classified documents at home…Pence too…, even the low level semi-classified documents Biden had and turned over voluntarily the moment they were discovered, not only searching and finding them, but allowing the FBI to search without a warrant in case there were others (there weren’t)….that’s an issue that should be addressed immediately to stop it from repeating, but that’s not obstruction or intentional theft (at least that’s not proven or even alleged by anyone who counts). There’s zero evidence to show Biden even knew he had them until asked to search, and absolutely no intent or effort to keep them illegally. Without knowledge and intent, there’s no crime.
Also, remember, you can’t indict a sitting president, Trump made certain of that forever…so any crimes you ascribe to Biden are moot, he’s immune from prosecution and could pardon himself (according to Trump). D’oh!

Guaranteed if you search all senators’ houses you’ll find >2\3 have classified documents at home. That needs to stop TODAY. I wish it was a priority for both parties and not JUST a weapon against their domestic enemies.

If you think what Biden and Pence did should be prosecuted and get them prison, you MUST agree Trump should get the firing squad because his crimes were definitely 100% intentional AND he actually tried to trade stolen classified high clearance state secrets including nuclear weapon secrets for information he wanted (and likely more we don’t have proof of).

Trump has now publicly admitted stealing the documents, holding the documents after their return was demanded, hiding them when searched for, lying about still having them under oath, claiming they were his personal property, admitted going through them after being subpoenaed, and has even admitted he did it because he thinks Nixon was PAID millions to return documents he had and Trump wants to be paid. That’s motive. He’s publicly making the case for the DOJ….and they had an airtight case already.

Trump intentionally stole the highest level of top secret documents never supposed to leave a secured facility, then he was officially asked for documents back, he refused, then they were subpoenaed and he both lied and hid them. But some myopic microscopicly minded people like you see Biden/Pence as a major criminal for an infraction but see nothing wrong with Trump intentionally repeatedly and blatantly flauting and ignoring the law.

That proves I care about the law and you don’t. It proves that you are willing to overlook any and every blatant Trump crime against America while exaggerating and overblowing any infraction by your political rivals.

This kind of attempted conflation proves you to be a foolish idiot. You don’t care about what’s a crime and what isn’t, you just want to scream red herrings in hopes that, somehow, someone else committing an infraction can protect Trump from the dozens and dozens of felony charges he’s facing and life in prison for the uncountable crimes against America and the rule of law he’s definitely guilty of.

I would love to see Trump lynched publicly. I’m not alone there.
He wanted to reinstate state lynching, he wanted his own VP publicly lynched for not stealing the presidency for Trump, turnabout is always fair play. Yes, I feel that way about people who attack America, democracy, truth and honesty, and civility. Dishonest malignant narcissistic terrorists should be lynched, but I’ll settle for life in solitary. That’s becoming more likely daily.

Arrested right now, so I know you need a few minutes to cry.

MTG wasn’t even there for him after she fled her own rally in terror from the peaceful anti Trump throngs she accused of violent assault by “making noise” (hilariously the whistles she was whining about were actually Trump SUPPORTERS handing out whistles to make noise FOR Trump) to flee to Maralago where only multi millionaires can enter so she’ll be safe from the people.

Also, wrong “your” again, after being corrected yesterday. You really need to go back to English class, it’s undeniable you failed it.

bobknight33 said:

Wildly reported-- Trump stalled in turning over documents, Wow You got him.


On the other hand Biden had classified documents at his house that go back to when he was Senator -- 100% illegal -- But some closed minded person like you don't seem to care about that.

Just proves your not about equal justice just one sided justice.


Its this kind of stuff that makes you a total foolish idiot. You don't care about truth or justice -- just lynch Trump up - no matter what.

bobknight33 (Member Profile)

bobknight33 says...

Wildly reported-- Trump stalled in turning over documents, Wow You got him.


On the other hand Biden had classified documents at his house that go back to when he was Senator -- 100% illegal -- But some closed minded person like you don't seem to care about that.

Just proves your not about equal justice just one sided justice.


Its this kind of stuff that makes you a total foolish idiot. You don't care about truth or justice -- just lynch Trump up - no matter what.

newtboy said:

Ruh-roe….being widely reported that the DOJ has evidence (including video!) and testimony showing that after the official requests were just ignored, after the subpoena for the classified documents was ignored, but before the legal warranted search, boxes were moved at Maralago at Trump’s order and gone through personally by Trump, boxes containing illegally retained stolen classified documents he previously and subsequently swore had been returned but were later found in his possession.

If true, his best (but losing) defense against obstruction, willful ignorance of criminal negligence and perjury by his subordinates, is gone.

Tomorrow’s going to be a day to remember. A great day for America and the rule of law. Hope for a gag order, Trump keeps digging his hole deeper.

Lock Him Up Yesterday! - A Randy Rainbow Song Parody

newtboy says...

I wish I believed that was true, but his shallow state has infiltrated our legal system from the bottom to the top. The chances of him seeing prison are near zero, but the chances he’ll be in court the rest of his life are high.

Almost certainly his lackeys will continue to insert themselves and block advancement of the case by any means, just like the Federal judge that, without standing or even service of the complaint demanded the DOJ respond in 3 days to demands for a special master. That’s why he was so focused on installing judges in every vacant spot….he knew they would determine his fate one day. At the least, they will continue to stall and delay, ensuring this case drags on and Trump’s appeals will outlive him. Hopefully that’s enough. Trump won’t have a problem with that, he’ll use it to “fundraise” for a defense that never comes.

Too bad the summary response from the DOJ was essentially “too late, Kate, we reviewed and separated the possible client privilege documents day one, and have reviewed the rest repeatedly now, the point is moot. We know what we seized already.” Trump’s legal team is the bottom of the barrel, only lawyers willing to work for free and destroy their own career stepped up, and they’re the worst team I’ve ever heard of. Amber Heard had better lawyers. 😂

BSR said:

I think it's time for T-Rump to visit his tailor and get fitted for his new straight jacket.

https://www.huffpost.com/entry/trump-declare-me-president-hunter-biden_n_630d29dce4b063d5e61dd319

Joe Biden's Actual "To Do List"

newtboy says...

Already ahead with only 1% of promises broken vs 53% for Trump, and no way for Trump to improve.
Even if every promise now stalled for Biden becomes a broken promise, he still beats Trump’s dismal record.
He would have to just stop working completely and break nearly every promise left in the pipeline, stalled or in the works, to be worse than tRump.

JiggaJonson said:

https://www.politifact.com/truth-o-meter/promises/trumpometer/

https://www.politifact.com/truth-o-meter/promises/biden-promise-tracker/

With 45 promises in the works, 17 already kept, it shouldn't be hard to catch up to the 24 that trump kept. 2 more years to go.

Why I’m ALL-IN On Tesla Stock

newtboy says...

I certainly hope so, 0-.25% doesn’t cover administrative costs for basically free loans.
If they go slow, it shouldn’t stall….cool off a bit, sure. That’s acceptable.

Personally, I think it all became funny money when Nixon dropped the gold standard, and I would support returning to it, painful as it would be. At least the dollar would have some permanent fairly predictable value. (And the fed would be forced to stop printing more money to pay government debts, which causes inflation).

surfingyt said:

IMO they will raise rates. the economy will stall.

Why I’m ALL-IN On Tesla Stock

surfingyt says...

IMO they will raise rates. the economy will stall. they will be forced to increase purchases of equities and reduce rates (again). the fed will not let another 2008 happen however they will make the crash that much harder. the house of cards has been built for a long time over many administrations and its waay past the point of any attempt at recovery. delaying the pain will make the pain even worse but when it comes crashing down USD will be gone forever and alternatives (like metals and yes BTC) will reign. you will have time though as petrodollar is king at this point other nations will fall before us. make your time.

Rebuilding the Oroville Dam Spillway | Practical Engineering

luxintenebris jokingly says...

pretty easy to call joe out on his dealings when even the w.v. coal miners are asking him to change his mind.

https://www.bloomberg.com/news/articles/2021-12-20/coal-miners-urge-manchin-to-rethink-opposition-to-spending-bill

just checked some data from government sources and such. looks like america is losing it's population. literally. birth rates are below replacement rates. in fact, projections have the world population slowing to the point that by the end of the century, the vast majority of all the countries citizens on the plant will be on the decline.

abortion?! we're killing off the very IDEA of kids!!!

selfishness, disguised in rhetoric as 'self-determination', is in reality - self-termination.

so why not 'waste' the money on us now? at least, what kids will make it to the future, will have nice roads (at least until the Neo-GOP stalls any Infrastructure for the 22nd century).

what the hell? feed the inner republican: spend the money on me, me, and me.

happy xmas, merry new year everyone!

(should comment on actual video: DAM!)

newtboy said:

edited for brevity.

what he said.

How Road Barriers Stopped Killing Drivers

newtboy says...

Not if the same people were running the company, but it folded because they were swindling investors to pay themselves and never completing projects. When the attenuator job stalled, I think because he didn't pay for the crash testing so never got certified results, he just moved on to the next project instead of fixing the issues, and did the same thing. Not good.

moonsammy said:

Interesting - thanks for sharing! Shame it didn't work out better, and I have to wonder if the outcome would be different now with the increased focus on fuel economy / climate change mitigation.

Traffic Stop

newtboy says...

What? Are you replying to another post? What do bad acts not excusing bad acts have to do with court packing? You are arguing that republican court packing isn't a bad act, so what are you talking about?

Republican court packing, the unprecedented denying dozens of a sitting presidents nominees a hearing despite the constitution stating they shall hold one in order to steal court seats was arguably unconstitutional but worked because they had the power and democrats had no recourse to remedy the crime since they didn't have the votes to force them to adhere to the constitution.

Adding seats is not unconstitutional nor is it unprecedented, the founding fathers did it themselves repeatedly. Not holding hearings for a nominee is unconstitutional, congress SHALL, not can or may.

No, they ignored a clear constitutional obligation knowing they couldn't be forced to follow it. Senate rules did not allow that, but a majority allowed the laws and rules to be ignored.

Lol. "Trashing them" by asking them to answer questions and accusations pertinent to the job is the same to you as denying a hearing in your opinion?!? I suppose you feel the same about republicans trashing democratic appointments, even outright denying them hearings required by the constitution....nominees who have NEVER had a problem clearly describing the rights codified in the constitution, which is the job they're nominated for...right...because certainly you aren't just a hypocrite.

🤦‍♂️

So, republicans played hardball by ignoring their constitutional obligation to hear nominees to steal seats, now you're whining that Democrats shouldn't play constitutionally allowed hard ball too by increasing the number of seats?!? Oh shit...you done fucked up.

I refer you to this page to see the list of Obama nominees trashed, refused, stalled, and or filibustered by Republicans....dozens of empty seats stolen by McConnell and handed to Trump to fill.

https://en.m.wikipedia.org/wiki/Barack_Obama_judicial_appointment_controversies

Also, turnabout IS fair play. Bad acts by one group do excuse similar bad acts against them.

Edit: I see it this way....Republicans have set the bar for governing at "you can't stop us"...Democrats need at least 4 years in the same position to reverse the damage, probably 8 since they're so wishy washy and don't often play hardball....Biden is still talking about bipartisan committees to figure out how to get back to working civil governance, starting with balancing the supreme court...but what's needed is pure partisanship like Republicans display. Nasty, ruthless, unethical, even illegal partisanship at every turn on every issue.

A few judicial assassinations aren't off the table either. Anything goes is the rule of the day, thanks Trump.

drradon said:

you are free to guess, and will certainly be wrong...

Bad acts by members of one group don't justify worse acts by the opposing group. That road leads to genocide...

And the Republicans didn't "pack" the supreme court - they exercised the authority that the Constitution and Senate rules afforded them - no less so than the Democrats used their authority and rights to trash every supreme court nominee that has been put forth by Republican administrations. If you want to play hardball, you won't get much sympathy from me when you complain that the opposition elects to play hardball too...

Happy to see this clip disappear...

Ossoff to Perdue: ‘You’re a crook’

BSR says...

The only thing in my life that's 100% is whenever I have a 50-50 chance I never get it right.

2 cash registers at the 7-11 with no cashier behind them. I stand at one of them and then cashier comes over and directs to the other register.

Go to enter a building with two swing doors. I choose the locked one.

I always choose the stall with no toilet paper.

This Week

newtboy says...

Trump probably told you that lie to make his abject failure that's going to kill at least 100000 Americans that need not have died look better, it's simply not what scientists/doctors said.

We were told there could eventually be 1-2 million deaths over the course of the pandemic if we did absolutely nothing. Trump wants you to make that the measure of success, one less death than doing nothing = great leadership. *facepalm

Trump said the 15 cases were all we would ever see, and it would just go away by April. Trust him. Ok...100 cases, it's not as bad as the flu, trust him. Ok, 1000 cases, it's fine, trust him. I mean 10000, 25000, 40000, 50000, 75000, 80000, 100000 and rising faster, but he's got this, it's under control, go back to work and shopping, trust him.

Epidemiologists said there would likely be 100000-250000 deaths (based on when we all started social distancing), 90% of which would have been avoided if Trump hadn't stalled so long on federal guidelines and actions and acted just two weeks earlier.

Sounds like an unmitigated failure requiring we lock him up for at least 25000 times longer than Hillary deserved.

bobknight33 said:

We were told that there will be 1 to 2 million deaths over next few months if we dong flatten the curve. Steps taken by POTUS admin and and states and now we are looking at 90,000 deaths.

Sounds like a God Damn success.

MEGA 2020

Loose Cannon | 1994 Fairchild Air Force Base B-52 Crash

StukaFox says...

This video somewhat glosses over how Dr. Strangelove-level nuts Holland was. His little stunt in Yakima was the least of his batshittery. He almost augured a '52 into his daughter's softball game when he stalled the fucking thing pulling a maneuver similar to the one that caused the Spokane crash. Yes, the crazy bastard used a B-52 to show off -- over a goddamn kid's softball game.

Also not mentioned is how close he came to turning a large part of Spokane into a radioactive wasteland when he missed plowing into a nuclear weapons storage depot by about the length of one of Roger Waters' better spits.

If there's one lesson I hope all members of the USAF take from this incident, it's that B-52s are not toys.

THE IRON MASK Official Trailer (2020)



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