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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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  • 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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