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The New Coffee Room

  1. TNCR
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  3. Bidenomics

Bidenomics

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  • L Offline
    L Offline
    LuFins Dad
    wrote on 3 Feb 2024, 01:42 last edited by
    #42

    I’m also pretty sure that rent, real estate prices, and mortgage rates are still up there too…

    The Brad

    1 Reply Last reply
    • J Offline
      J Offline
      Jolly
      wrote on 3 Feb 2024, 12:50 last edited by
      #43

      Suckers...

      https://www.msn.com/en-us/money/markets/biden-takes-aim-at-grocery-stores-for-ripping-people-off-amid-continued-high-prices-played-for-suckers/ar-BB1hErFO

      “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
      • L Offline
        L Offline
        LuFins Dad
        wrote on 3 Feb 2024, 13:18 last edited by
        #44

        "The cost of eggs, milk, chicken, gas,

        Eggs - (granted, they aren’t as high as they were during the insane spike last year, but they are still up 63% from when he took office, and are rising over the last several months. alt text

        Milk - alt text

        Chicken -alt text

        Gas - https://fred.stlouisfed.org/graph/fredgraph.png?g=1fpMT

        The Brad

        1 Reply Last reply
        • L Offline
          L Offline
          LuFins Dad
          wrote on 3 Feb 2024, 13:25 last edited by
          #45

          This is extremely dangerous rhetoric

          The Brad

          J 1 Reply Last reply 3 Feb 2024, 13:48
          • G Offline
            G Offline
            George K
            wrote on 3 Feb 2024, 13:32 last edited by
            #46

            And it costs you about twice as much (per month) to buy a "starter" home.

            "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
            • L LuFins Dad
              3 Feb 2024, 13:25

              This is extremely dangerous rhetoric

              J Offline
              J Offline
              Jolly
              wrote on 3 Feb 2024, 13:48 last edited by
              #47

              @LuFins-Dad said in Bidenomics:

              This is extremely dangerous rhetoric

              The Biden speech?

              How so?

              “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
              • G Offline
                G Offline
                George K
                wrote on 5 Feb 2024, 14:46 last edited by
                #48

                "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.

                T 1 Reply Last reply 5 Feb 2024, 15:05
                • G George K
                  5 Feb 2024, 14:46

                  T Online
                  T Online
                  taiwan_girl
                  wrote on 5 Feb 2024, 15:05 last edited by
                  #49

                  But Goerge, companies lay off people all the time, even when the economy is going up.

                  https://www.fool.com/investing/2020/01/07/these-25-companies-laid-off-workers-in-2019.aspx

                  Ford
                  Disney
                  Lowes
                  Tesla (7% of workers)
                  HBSC (12%)
                  HP (15%)
                  etc etc

                  1 Reply Last reply
                  • G Offline
                    G Offline
                    George K
                    wrote on 8 Feb 2024, 12:23 last edited by
                    #50

                    The Harpy from Mass opines.

                    See, inflation isn't bad, it's just that the products are getting smaller because of the greedy corporations.

                    Nice "scare-zooms" in the video BTW.

                    "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
                    • J Offline
                      J Offline
                      Jolly
                      wrote on 8 Feb 2024, 13:34 last edited by
                      #51

                      She's just following Biden's speech from this week.

                      Same message.

                      “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
                      • G Offline
                        G Offline
                        George K
                        wrote on 11 Feb 2024, 23:12 last edited by
                        #52

                        Lemme see if I'm getting this right.

                        Biden is complaining about inflation?

                        "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
                        • L Offline
                          L Offline
                          LuFins Dad
                          wrote on 11 Feb 2024, 23:34 last edited by
                          #53

                          Those greedy and evil Jews merchants!

                          The Brad

                          1 Reply Last reply
                          • M Offline
                            M Offline
                            Mik
                            wrote on 12 Feb 2024, 02:46 last edited by
                            #54

                            There’s no “fooling” going on. It’s an attempt to keep prices down.

                            “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
                            • J Offline
                              J Offline
                              Jolly
                              wrote on 12 Feb 2024, 03:19 last edited by
                              #55

                              I don't think a lot of folks are buying the sudden worry about chip bags and ice cream cartons.

                              “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
                              • M Offline
                                M Offline
                                Mik
                                wrote on 12 Feb 2024, 04:04 last edited by Mik 2 Dec 2024, 04:07
                                #56

                                I wouldn’t buy her saying water is wet. She’s the prime example of my theory of two kinds of people. One tells you it’s raining and you just think “oh, it’s raining”. Then there’s the other type who tells you the same thing and you ask yourself why they would want it to be raining.

                                “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
                                • G Offline
                                  G Offline
                                  George K
                                  wrote on 13 Feb 2024, 14:15 last edited by George K
                                  #57

                                  "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.

                                  T 1 Reply Last reply 13 Feb 2024, 16:58
                                  • J Offline
                                    J Offline
                                    Jolly
                                    wrote on 13 Feb 2024, 16:52 last edited by
                                    #58

                                    Bidenomics, FTW!

                                    “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
                                    • G George K
                                      13 Feb 2024, 14:15

                                      T Online
                                      T Online
                                      taiwan_girl
                                      wrote on 13 Feb 2024, 16:58 last edited by
                                      #59

                                      @George-K How is this calculated?

                                      3M annualized CPI 4%, up from 3.3%
                                      6M annualized CPI 3.7%, up from 3.2%

                                      For example
                                      Jul 23 - 3.2
                                      Aug 23 - 3.7
                                      Sep 23 - 3.7
                                      OCt 23 - 3.2
                                      Nov 23 - 3.1
                                      Dec 23 - 3.4
                                      Jan 24 - 3.1

                                      https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

                                      1 Reply Last reply
                                      • G Offline
                                        G Offline
                                        George K
                                        wrote on 15 Feb 2024, 01:44 last edited by
                                        #60

                                        GGTrWHpWgAE0ziI.png

                                        My insurance went up about 25% from 2022 to 2023.

                                        "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.

                                        D L 2 Replies Last reply 15 Feb 2024, 01:56
                                        • G George K
                                          15 Feb 2024, 01:44

                                          GGTrWHpWgAE0ziI.png

                                          My insurance went up about 25% from 2022 to 2023.

                                          D Offline
                                          D Offline
                                          Doctor Phibes
                                          wrote on 15 Feb 2024, 01:56 last edited by Doctor Phibes
                                          #61

                                          @George-K said in Bidenomics:

                                          My insurance went up about 25% from 2022 to 2023.

                                          On the positive side, some people who work for insurance companies are doing well!

                                          Or so I've heard. Allegedly.

                                          I was only joking

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