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The New Coffee Room

  1. TNCR
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  3. Inflation's not so bad..

Inflation's not so bad..

Scheduled Pinned Locked Moved General Discussion
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  • Aqua LetiferA Aqua Letifer

    @George-K said in Inflation's not so bad..:

    Brave CNN ran away...

    How so? Seems to me that was uncharacteristically balanced of them?

    JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #25

    @Aqua-Letifer said in Inflation's not so bad..:

    @George-K said in Inflation's not so bad..:

    Brave CNN ran away...

    How so? Seems to me that was uncharacteristically balanced of them?

    I honestly do think they're starting to try...

    “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

    HoraceH 1 Reply Last reply
    • JollyJ Jolly

      @Aqua-Letifer said in Inflation's not so bad..:

      @George-K said in Inflation's not so bad..:

      Brave CNN ran away...

      How so? Seems to me that was uncharacteristically balanced of them?

      I honestly do think they're starting to try...

      HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #26

      @Jolly said in Inflation's not so bad..:

      @Aqua-Letifer said in Inflation's not so bad..:

      @George-K said in Inflation's not so bad..:

      Brave CNN ran away...

      How so? Seems to me that was uncharacteristically balanced of them?

      I honestly do think they're starting to try...

      What have you noticed? Firing Stelter was a good step.

      Education is extremely important.

      1 Reply Last reply
      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #27

        Reassigning Acosta, also. There are circulating rumors that Acosta and Lemon may be the next two big heads to roll.

        There are a lot of stories like this one floating around...

        https://abcnews.go.com/Business/wireStory/cnn-management-intent-changing-perception-network-88892120

        “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
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #28

          I guess the focus groups have spoken.

          Education is extremely important.

          1 Reply Last reply
          • Doctor PhibesD Doctor Phibes

            We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

            Spin that how you will, but there are worse places to be right now.

            The day my brother finally wired my share of my mother's savings over a week or so ago was graced with the headline "Pound at lowest level against the USD since 1985". How I laughed.

            taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #29

            @Doctor-Phibes said in Inflation's not so bad..:

            We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

            Spin that how you will, but there are worse places to be right now.

            How can that be? I thought President Biden controlled the worlds economy. LOL

            JollyJ 1 Reply Last reply
            • taiwan_girlT taiwan_girl

              @Doctor-Phibes said in Inflation's not so bad..:

              We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

              Spin that how you will, but there are worse places to be right now.

              How can that be? I thought President Biden controlled the worlds economy. LOL

              JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #30

              @taiwan_girl said in Inflation's not so bad..:

              @Doctor-Phibes said in Inflation's not so bad..:

              We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

              Spin that how you will, but there are worse places to be right now.

              How can that be? I thought President Biden controlled the worlds economy. LOL

              No, but he has quite an effect upon the U.S. economy.

              “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

              Doctor PhibesD 1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote on last edited by
                #31

                In my opinion, presidents have an ENORMOUS effect on the economy!

                Education is extremely important.

                1 Reply Last reply
                • JollyJ Jolly

                  @taiwan_girl said in Inflation's not so bad..:

                  @Doctor-Phibes said in Inflation's not so bad..:

                  We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                  Spin that how you will, but there are worse places to be right now.

                  How can that be? I thought President Biden controlled the worlds economy. LOL

                  No, but he has quite an effect upon the U.S. economy.

                  Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on last edited by Doctor Phibes
                  #32

                  @Jolly said in Inflation's not so bad..:

                  @taiwan_girl said in Inflation's not so bad..:

                  @Doctor-Phibes said in Inflation's not so bad..:

                  We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                  Spin that how you will, but there are worse places to be right now.

                  How can that be? I thought President Biden controlled the worlds economy. LOL

                  No, but he has quite an effect upon the U.S. economy.

                  And as I pointed out, the prevailing opinion seemed to be that the US is likely to do a lot better in the oncoming crisis than most, if not all, of Europe.

                  Despite Biden, or because of him, depending on which particular flavour of Koolaid you prefer.

                  I was only joking

                  1 Reply Last reply
                  • JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #33

                    Despite Biden.

                    Think where we would be at, if we had opened the economy up sooner (example, Florida and Texas) and spent a little less money.

                    “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
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #34

                      Right leaning:
                      Good things happen = IN SPITE of president
                      Bad things happen = BECAUSE of president

                      Left Leaning
                      Good things happen = BECAUSE of president
                      Bad things happen = IN SPITE of president

                      MikM 1 Reply Last reply
                      • Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by
                        #35

                        There's a global problem with inflation, supply chain and other issues most likely caused by the pandemic and Russia's imperialist behaviour.

                        Could the US President impact this? Obviously to some extent, but not that much if we're honest.

                        And I'll say it again, the US is in better shape than Europe right now.

                        I was only joking

                        taiwan_girlT 1 Reply Last reply
                        • Doctor PhibesD Doctor Phibes

                          There's a global problem with inflation, supply chain and other issues most likely caused by the pandemic and Russia's imperialist behaviour.

                          Could the US President impact this? Obviously to some extent, but not that much if we're honest.

                          And I'll say it again, the US is in better shape than Europe right now.

                          taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #36

                          @Doctor-Phibes said in Inflation's not so bad..:

                          There's a global problem with inflation, supply chain and other issues most likely caused by the pandemic and Russia's imperialist behaviour.

                          Could the US President impact this? Obviously to some extent, but not that much if we're honest.

                          And I'll say it again, the US is in better shape than Europe right now.

                          I agree. Look back to March 2020. The reason President Trump lost the election was largely(?) because of his (perceived) response to COVID.

                          Would the US have been in the same position in Dec 2020 if a Democrat would have been in office all of 2020? I think so.

                          To hear democrats say it, it was all Presdient Trump's fault.
                          To hear republics say it, there was nothing he could have done, etc.

                          Again, it basically comes down to the fact that people are biased and move the narrative to make their guy look good (or at least less bad). The other side does the opposite.

                          1 Reply Last reply
                          • JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #37

                            We've already spoken at length about this.

                            I'm sorry, but you're just flat-ass wrong. Anybody who follows markets, knows that sentiment plays a part in the movement of money.

                            The President has the biggest megaphone in the largest economy on the planet. He can and does, move the economic needle by his actions and his words. That's true, no matter what party he represents. One can argue how much effect he has, but he does have an effect.

                            To think otherwise is naive, stupid, or both.

                            “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
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #38

                              It's a fine observation that people are biased politically and tend to see what they want to see. It is an unfortunate leap into disrespectful nonsense to go from there, to a relentless assumption that all opinions having to do with politics are vacuous tribal bias, based on nothing.

                              Education is extremely important.

                              Doctor PhibesD 1 Reply Last reply
                              • HoraceH Horace

                                It's a fine observation that people are biased politically and tend to see what they want to see. It is an unfortunate leap into disrespectful nonsense to go from there, to a relentless assumption that all opinions having to do with politics are vacuous tribal bias, based on nothing.

                                Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote on last edited by Doctor Phibes
                                #39

                                @Horace said in Inflation's not so bad..:

                                disrespectful nonsense

                                Disrespectful nonsense is what the people in HR refer to as one of my core skills.

                                While you're busy saving the world from leftist pop culture, here I am, recklessly engaging in disrespectful nonsense!

                                Oops, I just did it again, as Ms. Spears once said.

                                I was only joking

                                HoraceH 1 Reply Last reply
                                • Doctor PhibesD Doctor Phibes

                                  @Horace said in Inflation's not so bad..:

                                  disrespectful nonsense

                                  Disrespectful nonsense is what the people in HR refer to as one of my core skills.

                                  While you're busy saving the world from leftist pop culture, here I am, recklessly engaging in disrespectful nonsense!

                                  Oops, I just did it again, as Ms. Spears once said.

                                  HoraceH Offline
                                  HoraceH Offline
                                  Horace
                                  wrote on last edited by
                                  #40

                                  @Doctor-Phibes said in Inflation's not so bad..:

                                  @Horace said in Inflation's not so bad..:

                                  disrespectful nonsense

                                  Disrespectful nonsense is what the people in HR refer to as one of my core skills.

                                  While you're busy saving the world from leftist pop culture, here I am, recklessly engaging in disrespectful nonsense!

                                  Oops, I just did it again, as Ms. Spears once said.

                                  I’m happy to take conversations on a case by case basis. I think you will find that when I use ideas or words that trigger you, I am using them in a context beyond just using a hammer to treat every issue as a nail.

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • 89th8 Offline
                                    89th8 Offline
                                    89th
                                    wrote on last edited by
                                    #41

                                    I sent my buddy (who works for Hershey's, which owns the Dots pretzels brand) the price of $7.19 for a bag of pretzels, which was like 4-5 bucks just a few months ago. I told him to cut it out.

                                    1 Reply Last reply
                                    • taiwan_girlT taiwan_girl

                                      Right leaning:
                                      Good things happen = IN SPITE of president
                                      Bad things happen = BECAUSE of president

                                      Left Leaning
                                      Good things happen = BECAUSE of president
                                      Bad things happen = IN SPITE of president

                                      MikM Offline
                                      MikM Offline
                                      Mik
                                      wrote on last edited by
                                      #42

                                      @taiwan_girl said in Inflation's not so bad..:

                                      Right leaning:
                                      Good things happen = IN SPITE of president
                                      Bad things happen = BECAUSE of president

                                      Left Leaning
                                      Good things happen = BECAUSE of president
                                      Bad things happen = IN SPITE of president

                                      Doeesn't your butt get sore from sitting up on that pole so much? 😆

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

                                      1 Reply Last reply
                                      • taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #43

                                        @Mik 555 Sometimes it is tough to be the only sane voice in the crowd!!!! But I am willing to do the challenge!!

                                        @jolly Yup, you are right, we have talked about this quite a bit. I remember going back and forth with @Larry on this. He never answered my question, so I will ask you.

                                        What are your to five indicators of strength/weakness of the United States economy?

                                        growth?
                                        inflation?
                                        unemployment?
                                        interest rates?
                                        stock market return?
                                        job growth?
                                        trade balance?
                                        optimism?
                                        etc etc etc

                                        I am (semi LOL) confident that whatever five QUANTATIVE data point you pick, you will find that historical, there is not much difference between the times a Democrat and Republic were president. In fact, it may be that things actually go better under a Democrat president.

                                        If I am wrong and I am in Louisiana, i will buy you lunch! LOL

                                        Obviously, it is impossible to measure the QUALATIVE things. That is where I have said before that the President is like a cheerleader. He can sometimes help move things by optimism and force of personality.

                                        Just like why some sports teams do better under a certain coach vs. another even with the same players. Or certain military leaders have soldiers under them much more willing to do things.

                                        To beat the horse, I have never say that the president does not effect the US economy. Only that their role is not as much as people seem to believe.

                                        1 Reply Last reply
                                        • JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #44

                                          Moderate growth, low inflation, low unemployment with decent wages, reasonable interest rates and high optimism.

                                          “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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