Americans Tell NBC, “Blown Away” By Bidenflation,

newtboysays...

Downvote at dishonest “bidenflation”. This is Trumpflation if we must be infants.

Economists will tell you how inflation happens. Creating 1/3 of every dollar in existence to pay for things we can’t afford (2020) is the simplest way. Lowering GDP is also a factor (-2.2% 2020)
At least under Biden, wages are increasing too. Didn’t happen under the last president, not so much. Inflation from a glut of new money (but no added value) takes time. It will continue no matter what steps are taken until the spending we did on fake “credit” gets paid.

Another debt Trump left, not Biden policies driving inflation.
I defy you, @bobknight33, name 3 Biden policies that are driving inflation. Name one. I’ve named the Trump policy economists say caused it….printing new money to pay for programs without funding. Look it up.

As for meat prices, remember that little thing called Covid? Remember how the last administration insisted Covid was a mild flu, and meat processing plants closed because of massive outbreaks? That, and subsequent labor shortages have increased prices, not Biden adding taxes.
Comparing mid pandemic unnaturally low (shutdown means cheap fuel, even free oil) fuel prices to artificially inflated (refineries refused calls to ramp production back up) prices of today is a red herring, a paper tiger. Two factors there caused the increase, neither caused by Biden.

Total false narrative, or in bob speak, FAKENEWS!

w1ndexsays...

Bob, you're a fucking idiot, just so you know. Inflation takes a few years to set in, maybe check into the fucking boneheaded pandemic response your golden idol fumbled and that 10 TRILLION WITH A FUCKING T tax break for the rich him and the goons passed, but fuck the Build Back Better act because some minority might get some help. And FUCK JOE BIDEN! You can say it, it's not a god damn bad thing. 15 years ago he could have been the fucking nominee for your party because he's a DINO more right of center politically. But ever since Obama got into office the Republicunt party has doubled down on the racist bullshit.

bobknight33says...

If you think this is Trumps fault, think what you want?

But
This is on Biden, commander in chief. It is his job to steer the ship. To correct the direction of the nation.
What has he done to correct this? NOTHING, except more spending , making this worse.

Biden use by date has long expired. He has no leadership ability, He cant take questions He is kept from media and public for fear on looking tool old and too slow and unable to speak intellectually. His days are in the past.

newtboysays...

I do….and I can list reasons why I think what I think, unlike yourself who is embarrassed to admit you never actually think yourself and all your arguments come from disgraced and debunked liars who’s jobs are to lie, almost exclusively when it comes to any political topic.

The ship only turns so fast. It needed SO much correction on SO many issues because the last demander in chief refused to steer the nation anywhere but into a reef for the last entire year of his term….the last 3 months totally intentionally while he drilled holes in the keel and cut holes in the sails.

The nation certainly needed serious and immediate correction. Glad to hear you admit it, even accidentally.
You’re complaining about more spending!? You must be joking! Compared to spendthrift Trump, he’s a fucking miser. Every major project he’s put forward has been paid for in the bill, not so with the last administration that thought they couldn’t overspend because they can print more money….the biggest deficit and fastest debt rise (both by dollar and percentage) EVER by a mile. And put us in a recession with high inflation, negative GDP, outrageous unemployment, and near a million dead for the privilege. Joe invested in American infrastructure. Complaining about spending will not be tolerated from you after supporting Trump. Not for a second, you unbelievable hypocrite.

He did many things, leading to a healthy economy and amazing jobs numbers and rising wages among other improvements. All work against inflation.

But you like to say he’s done nothing, so how’s 4 examples on the Afghanistan disaster alone work for you?
He negotiated 6 more months to be gone.
He evacuated any and all Americans that wanted out, including those that waited until the last day.
He set up and staffed new systems (granted too little and late) to assist Afghans that worked for us in getting at least refugee status if not visas. This should have been step 1 in February 2020….likely a big surprise to find nothing started or planned when Joe took office.
He pulled out billions worth of functioning, still owned by America weaponry (what you love to whine about is the weapons in Afghani’s hands, and decommissioned often scuttled vehicles we abandoned….yes, a waste) that before he took office were being left in country.
Simply put, he made a plan and implemented it, can’t say the same for his predecessor. It wasn’t perfect, but it was something….which is a massive improvement.

He’s a mile above the low bar set by your idol, who spent nearly a full 1/3 of his presidency off playing golf (after promising not to play at all), and >1/2 of every day on personal executive time eating junk food and watching TV (but only ever taking softball questions from far right outlets, refusing any non right wing reporters a question much less interview). The remaining 1/6 was largely filled with rage tweeting and executive toilet time (pooping or shredding, you choose).

Your position is old, dementia ridden, no leadership, no question taking, slow, incapable of speaking or thinking, doesn’t know who or where he is Joe kicked fat lazy dumb Don’s ass without even holding rallies, did it in his pjs without breaking a sweat or raising his voice. Odd you love to constantly degrade the guy who’s by every measure head and shoulders above your messiah and proved it by a historic landslide. Seems you wouldn’t want to keep putting Trump down as a massive total loser to such a sad, weak, incompetent opponent, but you gotta be you.

bobknight33said:

If you think this is Trumps fault, think what you want?

But
This is on Biden, commander in chief. It is his job to steer the ship. To correct the direction of the nation.
What has he done to correct this? NOTHING, except more spending , making this worse.

Biden use by date has long expired. He has no leadership ability, He cant take questions He is kept from media and public for fear on looking tool old and too slow and unable to speak intellectually. His days are in the past.

vilsays...

There are 2 things.
Inflation.
Biden.
Correlation is not causation.

There are also only two things that can safely be done to combat inflation - raise interest rates (not Bidens job), and actually govern well, make sure public spending is going to the right places instead of fuelling the spiral. That is difficult to evaluate from a distance and at this time, but Biden still has a chance there. Unfortunately the results will only come in over a period of years if not decades. The good thing is that Biden is less ideologically bound than Trump. Trump just lowered taxes for rich people, that was his only economic plan.

Implying current inflation is Bidens fault is like blaming covid on Trump. Its the covid response that can be pinned on Trump based on numbers we have now, after the fact.

How Bidens administration does when challenged will be evaluated in a couple of years time. I am curious why the fed is reluctant to raise the rate at the moment.

Just dont blame the mountain rescuers for the avalanche.

newtboysays...

Biden nominated a full board for the federal reserve for one, a vitally important group that makes decisions on how the government might fight inflation.

If Republicans are worried about inflation, then why have Republicans refused to even show up to vote on filling the federal reserve board so it could take some real action to fight inflation, and instead decided to hold up the nominations by not even showing up to vote against nominees and are soon going on vacation….again? Easy answer, you and they aren’t actually worried about inflation, they’re worried about Biden being popular and successful so are obstructing and feigning outrage as usual. It’s the entire party platform….”nope”. Stoping Democratic victories is far more important to your ilk than the nation, the economy, or the truth.

bobknight33said:

If you think this is Trumps fault, think what you want?

But
This is on Biden, commander in chief. It is his job to steer the ship. To correct the direction of the nation.
What has he done to correct this? NOTHING, except more spending , making this worse.

surfingytsays...

Literally EVERY major developed economy has elevated inflation right now. Not just the US. It was not caused by Biden — and anyone who says otherwise is trying to manipulate you.

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