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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Well, now we know who's fault inflation is.

Well, now we know who's fault inflation is.

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #5

    Well, fiscal conservatives can at least cheer for the cut in federal deficit:

    … Biden said his administration had managed to cut the federal deficit, since the 2020 baseline was inflated by emergency Covid spending.

    “By the end of the fiscal year, we will have cut the federal deficit by another $1.6 trillion. In one year!” Biden said. ...

    CopperC 1 Reply Last reply
    • MikM Away
      MikM Away
      Mik
      wrote on last edited by
      #6

      FFS. Only Biden could see that as an accomplishment.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      AxtremusA 1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #7

        Feds gonna up the rate by 75 basis points tomorrow.

        Probably another pair of similar increases by September.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • MikM Away
          MikM Away
          Mik
          wrote on last edited by
          #8

          That giant sucking sound is my net worth.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          LuFins DadL JollyJ 2 Replies Last reply
          • MikM Mik

            That giant sucking sound is my net worth.

            LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote on last edited by
            #9

            @Mik said in Well, now we know who's fault inflation is.:

            That giant sucking sound is my net worth.

            Spend it while it’s worth something…

            The Brad

            1 Reply Last reply
            • MikM Mik

              FFS. Only Biden could see that as an accomplishment.

              AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote on last edited by
              #10

              @Mik said in Well, now we know who's fault inflation is.:

              Only Biden could see that as an accomplishment.

              Do you not see deficit reduction as an accomplishment, or do you not see deficit reduction as an accomplishment only when a Democrat gets credit for it?

              MikM 1 Reply Last reply
              • MikM Mik

                That giant sucking sound is my net worth.

                JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #11

                @Mik said in Well, now we know who's fault inflation is.:

                That giant sucking sound is my net worth.

                It's only on paper until you spend it.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                1 Reply Last reply
                • AxtremusA Axtremus

                  @Mik said in Well, now we know who's fault inflation is.:

                  Only Biden could see that as an accomplishment.

                  Do you not see deficit reduction as an accomplishment, or do you not see deficit reduction as an accomplishment only when a Democrat gets credit for it?

                  MikM Away
                  MikM Away
                  Mik
                  wrote on last edited by
                  #12

                  @Axtremus said in Well, now we know who's fault inflation is.:

                  @Mik said in Well, now we know who's fault inflation is.:

                  Only Biden could see that as an accomplishment.

                  Do you not see deficit reduction as an accomplishment, or do you not see deficit reduction as an accomplishment only when a Democrat gets credit for it?

                  Did you even read what you posted?

                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                  AxtremusA 1 Reply Last reply
                  • AxtremusA Axtremus

                    Well, fiscal conservatives can at least cheer for the cut in federal deficit:

                    … Biden said his administration had managed to cut the federal deficit, since the 2020 baseline was inflated by emergency Covid spending.

                    “By the end of the fiscal year, we will have cut the federal deficit by another $1.6 trillion. In one year!” Biden said. ...

                    CopperC Offline
                    CopperC Offline
                    Copper
                    wrote on last edited by
                    #13

                    @Axtremus said in Well, now we know who's fault inflation is.:

                    Well, fiscal conservatives can at least cheer for the cut in federal deficit:

                    … Biden said his administration had managed to cut the federal deficit, since the 2020 baseline was inflated by emergency Covid spending.

                    “By the end of the fiscal year, we will have cut the federal deficit by another $1.6 trillion. In one year!” Biden said. ...

                    b3c3bcaf-5f8f-489a-9e28-b05a0c45fe46-image.png

                    1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #14

                      Heard Steve Forbes discuss monetary and non-monetary inflation on Ben Shapiro's show today. It's worth listening to...

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • MikM Mik

                        @Axtremus said in Well, now we know who's fault inflation is.:

                        @Mik said in Well, now we know who's fault inflation is.:

                        Only Biden could see that as an accomplishment.

                        Do you not see deficit reduction as an accomplishment, or do you not see deficit reduction as an accomplishment only when a Democrat gets credit for it?

                        Did you even read what you posted?

                        AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on last edited by
                        #15

                        @Mik said in Well, now we know who's fault inflation is.:

                        @Axtremus said in Well, now we know who's fault inflation is.:

                        @Mik said in Well, now we know who's fault inflation is.:

                        Only Biden could see that as an accomplishment.

                        Do you not see deficit reduction as an accomplishment, or do you not see deficit reduction as an accomplishment only when a Democrat gets credit for it?

                        Did you even read what you posted?

                        Seriously, do you not see deficit reduction as an accomplishment?

                        1 Reply Last reply
                        • taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #16

                          Thailand inflation is over 7% now. They blame President Biden also. 555

                          1 Reply Last reply
                          • George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #17

                            Well, in fairness, he's right: They are changing peoples' lives:

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            1 Reply Last reply
                            • JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #18

                              Very effectively.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
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