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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation's not so bad..

Inflation's not so bad..

Scheduled Pinned Locked Moved General Discussion
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  • 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
                • MikM Offline
                  MikM Offline
                  Mik
                  wrote on last edited by
                  #45

                  TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.

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

                  AxtremusA taiwan_girlT 2 Replies Last reply
                  • MikM Mik

                    TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.

                    AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote on last edited by
                    #46

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

                    … the prime mover of markets - confidence. …

                    Do you have an objective measure for “confidence”, or is it just your personal feeling?

                    JollyJ 1 Reply Last reply
                    • AxtremusA Axtremus

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

                      … the prime mover of markets - confidence. …

                      Do you have an objective measure for “confidence”, or is it just your personal feeling?

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #47

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

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

                      … the prime mover of markets - confidence. …

                      Do you have an objective measure for “confidence”, or is it just your personal feeling?

                      Jon might. But if you don't understand the concept, you don't understand people.

                      OTOH , we already knew that...

                      “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

                      Aqua LetiferA 1 Reply Last reply
                      • JollyJ Jolly

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

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

                        … the prime mover of markets - confidence. …

                        Do you have an objective measure for “confidence”, or is it just your personal feeling?

                        Jon might. But if you don't understand the concept, you don't understand people.

                        OTOH , we already knew that...

                        Aqua LetiferA Offline
                        Aqua LetiferA Offline
                        Aqua Letifer
                        wrote on last edited by
                        #48

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

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

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

                        … the prime mover of markets - confidence. …

                        Do you have an objective measure for “confidence”, or is it just your personal feeling?

                        Jon might. But if you don't understand the concept, you don't understand people.

                        OTOH , we already knew that...

                        I was gonna say, is that even up for debate?

                        Please love yourself.

                        1 Reply Last reply
                        • MikM Mik

                          TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.

                          taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #49

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

                          TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.

                          I agree. That is where the "cheerleader" part comes in.

                          So, I believe that my original point still holds.

                          The Republics do not automatically have better economic "cheerleaders" then the Democrats (and opposite is true also).

                          So saying that economic life under a Democrat president is always going to be better/worse than if it were a Republic president doesn't work for me. Especially now - the US is a smaller and smaller part of the world economy and yet, the US economy is more woven into the world economy.

                          US 1990's - tremendous economic growth. President Clinton's credit? Probably not.

                          China goes to zero COVID and locks down their country ( and supply chains) and 2020 economy tumbles. President Trump fault? Absolutely not.

                          China remains in zero COVID with continued lock downs and supply chain disruptions. President Biden fault? Not really.

                          Russia invades Ukraine and causes that situation. President Biden fault? No. (I know some people will say that .....if only President Trump were in power, Putin never would have done that. I dont believe that, and it is impossible to prove a negative, so it is a discussion nobody can win.)

                          1 Reply Last reply
                          • JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #50

                            You may be selling it, but most of us ain't buyin'. In your worldview, the President makes no difference. If that be the case, we waste a lot of time and money on elections.

                            “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
                              #51

                              I think TG is more interested in establishing to herself that nobody is able to convince her that presidents have a large impact on the economy. It's not about convincing anybody else of anything.

                              Education is extremely important.

                              1 Reply Last reply
                              • taiwan_girlT Offline
                                taiwan_girlT Offline
                                taiwan_girl
                                wrote on last edited by
                                #52

                                I guess I am like that guy that ran after windmills!! 555

                                MikM 1 Reply Last reply
                                • taiwan_girlT taiwan_girl

                                  I guess I am like that guy that ran after windmills!! 555

                                  MikM Offline
                                  MikM Offline
                                  Mik
                                  wrote on last edited by
                                  #53

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

                                  I guess I am like that guy that ran after windmills!! 555

                                  May I suggest a new avatar?

                                  B5F41775-BD51-4893-BA99-B90307EBC0B1.jpeg

                                  “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
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