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The New Coffee Room

  1. TNCR
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  3. Inflation

Inflation

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  • J Online
    J Online
    jon-nyc
    wrote on 20 Mar 2022, 17:01 last edited by
    #99

    Oh, and the inflation we’re seeing now would have been quite similar had Trump not lost in a landslide.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    L 2 Replies Last reply 20 Mar 2022, 21:16
    • J jon-nyc
      20 Mar 2022, 16:58

      @Horace Probably would have been quite similar. I voted for Hilary 5 times.

      J Offline
      J Offline
      Jolly
      wrote on 20 Mar 2022, 17:09 last edited by
      #100

      @jon-nyc said in Inflation:

      @Horace Probably would have been quite similar. I voted for Hilary 5 times.

      In the same election? Vote early and vote often?

      “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 Mik
        20 Mar 2022, 15:51

        My greatest disappointment in the Trump administration is it did not tackle spending,

        L Offline
        L Offline
        LuFins Dad
        wrote on 20 Mar 2022, 19:36 last edited by
        #101

        @Mik said in Inflation:

        My greatest disappointment in the Trump administration is it did not tackle promulgated spending,

        FIFY, no need to thank me.

        https://docs.google.com/viewer?url=https%3A%2F%2Fwww.whitehouse.gov%2Fwp-content%2Fuploads%2F2021%2F05%2Fhist01z1_fy22.xlsx

        The Brad

        1 Reply Last reply
        • H Horace
          20 Mar 2022, 16:23

          Would a Clinton administration have done a worse job of it, same, better, or impossible to know or speculate reasonably?

          (This question will go unanswered by Clinton voters.)

          C Offline
          C Offline
          Copper
          wrote on 20 Mar 2022, 20:06 last edited by Copper
          #102

          @Horace said in Inflation:

          Would a Clinton administration have done a worse job of it, same, better, or impossible to know or speculate reasonably?

          She would have invaded Ukraine long before Mr. Putin.

          We would probably have annexed Moscow by now.

          1 Reply Last reply
          • J jon-nyc
            20 Mar 2022, 17:01

            Oh, and the inflation we’re seeing now would have been quite similar had Trump not lost in a landslide.

            L Offline
            L Offline
            Larry
            wrote on 20 Mar 2022, 21:16 last edited by
            #103

            @jon-nyc said in Inflation:

            Oh, and the inflation we’re seeing now would have been quite similar had Trump not lost in a landslide.

            Trump didn't lose in a landslide. He didn't win, but there are several reasons for that. But to say he lost in a landslide is just plain stupid.

            1 Reply Last reply
            • J jon-nyc
              20 Mar 2022, 17:01

              Oh, and the inflation we’re seeing now would have been quite similar had Trump not lost in a landslide.

              L Offline
              L Offline
              Larry
              wrote on 20 Mar 2022, 21:20 last edited by
              #104

              @jon-nyc said in Inflation:

              Oh, and the inflation we’re seeing now would have been quite similar had Trump not lost in a landslide.

              Oh - and had the democrats not managed to swing the votes in a few key areas just enough for the geriatric criminal who squeaked into office by the skin of his dentures, you crazy democrats would be blaming the inflation on Trump.

              1 Reply Last reply
              • T Online
                T Online
                taiwan_girl
                wrote on 22 Mar 2022, 00:02 last edited by
                #105

                In the last 60 years, the US share of the world economy has almost gone down by half - from a little over 40% to almost 20% now.

                Obviously, still the biggest economy, but there are so many external things happening around the world (both good and bad) which will effect US inflation, etc.

                As a famous unknown forum poster has pointed out, "the US president gets too much praise and too much blame for the economy". 😂

                G 1 Reply Last reply 22 Mar 2022, 00:10
                • T taiwan_girl
                  22 Mar 2022, 00:02

                  In the last 60 years, the US share of the world economy has almost gone down by half - from a little over 40% to almost 20% now.

                  Obviously, still the biggest economy, but there are so many external things happening around the world (both good and bad) which will effect US inflation, etc.

                  As a famous unknown forum poster has pointed out, "the US president gets too much praise and too much blame for the economy". 😂

                  G Offline
                  G Offline
                  George K
                  wrote on 22 Mar 2022, 00:10 last edited by
                  #106

                  @taiwan_girl said in Inflation:

                  In the last 60 years, the US share of the world economy has almost gone down by half - from a little over 40% to almost 20% now.

                  I'd guess that it was a pretty different world in 1962 than it is today.

                  I get your point, and I don't even disagree. But, I'd say that the post-war era, which probably extends at least 20 year, was a remarkably different world than we have today.

                  Oh, and China is an asshole, by the way.

                  "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 22 Mar 2022, 00:58
                  • G George K
                    22 Mar 2022, 00:10

                    @taiwan_girl said in Inflation:

                    In the last 60 years, the US share of the world economy has almost gone down by half - from a little over 40% to almost 20% now.

                    I'd guess that it was a pretty different world in 1962 than it is today.

                    I get your point, and I don't even disagree. But, I'd say that the post-war era, which probably extends at least 20 year, was a remarkably different world than we have today.

                    Oh, and China is an asshole, by the way.

                    T Online
                    T Online
                    taiwan_girl
                    wrote on 22 Mar 2022, 00:58 last edited by
                    #107

                    @George-K I agree with you.

                    But, there seems to be a "perception" that if the US economy is good, it is strictly due to the actions of the US president AT THAT MOMENT.

                    If the US economy is bad, it is strictly due to the actions of the US president AT THAT MOMENT.

                    (Of course, some of the above depends on if your side president is in power).

                    Example: 2020 was one of the worst economy years on record. President Trumps fault? Of course not. Many many things outside his control. Situation would probably have been the same if Sec. Clinton had won the president.

                    2022 Inflation. President Bidens fault? Mostly not. (Thailand is experiencing worst inflation in 17 years for example). In big picture, situation would have been similar if President Trump won election.

                    (I AM NOT SAYING THE US PRESIDENT HAS NO IMPACT ON ECONOMY, BUT I BELIEVE IT IS OVER SAID)

                    G 1 Reply Last reply 22 Mar 2022, 01:03
                    • T taiwan_girl
                      22 Mar 2022, 00:58

                      @George-K I agree with you.

                      But, there seems to be a "perception" that if the US economy is good, it is strictly due to the actions of the US president AT THAT MOMENT.

                      If the US economy is bad, it is strictly due to the actions of the US president AT THAT MOMENT.

                      (Of course, some of the above depends on if your side president is in power).

                      Example: 2020 was one of the worst economy years on record. President Trumps fault? Of course not. Many many things outside his control. Situation would probably have been the same if Sec. Clinton had won the president.

                      2022 Inflation. President Bidens fault? Mostly not. (Thailand is experiencing worst inflation in 17 years for example). In big picture, situation would have been similar if President Trump won election.

                      (I AM NOT SAYING THE US PRESIDENT HAS NO IMPACT ON ECONOMY, BUT I BELIEVE IT IS OVER SAID)

                      G Offline
                      G Offline
                      George K
                      wrote on 22 Mar 2022, 01:03 last edited by
                      #108

                      @taiwan_girl said in Inflation:

                      Example: 2020 was one of the worst economy years on record. President Trumps fault? Of course not. Many many things outside his control. Situation would probably have been the same if Sec. Clinton had won the president.

                      Trump wasn't president until January 2021.

                      2022 Inflation. President Bidens fault? Mostly not. (Thailand is experiencing worst inflation in 17 years for example). In big picture, situation would have been similar if President Trump won election.

                      US inflation is highest in 40 years.

                      (I AM NOT SAYING THE US PRESIDENT HAS NO IMPACT ON ECONOMY, BUT I BELIEVE IT IS OVER SAID)

                      Yes, it's overstated, and as @jon-nyc said, there's a correlation between the infusion of funds and inflation, with a delay of months/years.

                      But, perception is what determines elections, and since this has happened on Biden's watch, this is what voters will probably remember.

                      "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.

                      J 1 Reply Last reply 23 Mar 2022, 00:15
                      • L Offline
                        L Offline
                        LuFins Dad
                        wrote on 22 Mar 2022, 01:31 last edited by
                        #109

                        The basic underpinning of the US and global economy is consumer confidence in spending, and yes, the US President has an enormous impact on that particular keystone.

                        The Brad

                        G 1 Reply Last reply 22 Mar 2022, 01:32
                        • L LuFins Dad
                          22 Mar 2022, 01:31

                          The basic underpinning of the US and global economy is consumer confidence in spending, and yes, the US President has an enormous impact on that particular keystone.

                          G Offline
                          G Offline
                          George K
                          wrote on 22 Mar 2022, 01:32 last edited by
                          #110

                          @LuFins-Dad said in Inflation:

                          The basic underpinning of the US and global economy is consumer confidence in spending, and yes, the US President has an enormous impact on that particular keystone.

                          Now, just you waitaminute...

                          Are you saying that there's not enough confidence in the president?

                          "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 22 Mar 2022, 02:39 last edited by
                            #111

                            By jove, I think he's got 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
                            • T Online
                              T Online
                              taiwan_girl
                              wrote on 22 Mar 2022, 03:09 last edited by
                              #112

                              I agree. I have said it a couple of times that the president is like a cheerleader.

                              L 1 Reply Last reply 22 Mar 2022, 04:27
                              • T taiwan_girl
                                22 Mar 2022, 03:09

                                I agree. I have said it a couple of times that the president is like a cheerleader.

                                L Offline
                                L Offline
                                Larry
                                wrote on 22 Mar 2022, 04:27 last edited by
                                #113

                                @taiwan_girl said in Inflation:

                                I agree. I have said it a couple of times that the president is like a cheerleader.

                                I have to admire your tenacity at hanging on to long disproven views, especially in the face of the last 12 mo tbs of example after example that utterly destroys your opinion.

                                T 1 Reply Last reply 23 Mar 2022, 00:05
                                • L Larry
                                  22 Mar 2022, 04:27

                                  @taiwan_girl said in Inflation:

                                  I agree. I have said it a couple of times that the president is like a cheerleader.

                                  I have to admire your tenacity at hanging on to long disproven views, especially in the face of the last 12 mo tbs of example after example that utterly destroys your opinion.

                                  T Online
                                  T Online
                                  taiwan_girl
                                  wrote on 23 Mar 2022, 00:05 last edited by
                                  #114

                                  @Larry Then, I will go back to a question I asked a while ago, though I dont believe you answered?

                                  What are the five top data points that YOU use to measure the US economy? (for example, growing rate, unemployment, inflation, stock market grow, etc etc)

                                  Let me know, and I will do a comparison of these data points when there is a Republican president vs. a Democratic president and see if there is a major difference.

                                  L 1 Reply Last reply 23 Mar 2022, 00:20
                                  • G George K
                                    22 Mar 2022, 01:03

                                    @taiwan_girl said in Inflation:

                                    Example: 2020 was one of the worst economy years on record. President Trumps fault? Of course not. Many many things outside his control. Situation would probably have been the same if Sec. Clinton had won the president.

                                    Trump wasn't president until January 2021.

                                    2022 Inflation. President Bidens fault? Mostly not. (Thailand is experiencing worst inflation in 17 years for example). In big picture, situation would have been similar if President Trump won election.

                                    US inflation is highest in 40 years.

                                    (I AM NOT SAYING THE US PRESIDENT HAS NO IMPACT ON ECONOMY, BUT I BELIEVE IT IS OVER SAID)

                                    Yes, it's overstated, and as @jon-nyc said, there's a correlation between the infusion of funds and inflation, with a delay of months/years.

                                    But, perception is what determines elections, and since this has happened on Biden's watch, this is what voters will probably remember.

                                    J Online
                                    J Online
                                    jon-nyc
                                    wrote on 23 Mar 2022, 00:15 last edited by
                                    #115

                                    @George-K said in Inflation:

                                    Trump wasn't president until January 2021.

                                    You misspelled ‘Biden’.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    G 1 Reply Last reply 23 Mar 2022, 00:16
                                    • J jon-nyc
                                      23 Mar 2022, 00:15

                                      @George-K said in Inflation:

                                      Trump wasn't president until January 2021.

                                      You misspelled ‘Biden’.

                                      G Offline
                                      G Offline
                                      George K
                                      wrote on 23 Mar 2022, 00:16 last edited by
                                      #116

                                      @jon-nyc said in Inflation:

                                      @George-K said in Inflation:

                                      Trump wasn't president until January 2021.

                                      You misspelled ‘Biden’.

                                      Where's my facepalm gif when I need it? Help me out here, @jon-nyc !

                                      "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
                                      • T taiwan_girl
                                        23 Mar 2022, 00:05

                                        @Larry Then, I will go back to a question I asked a while ago, though I dont believe you answered?

                                        What are the five top data points that YOU use to measure the US economy? (for example, growing rate, unemployment, inflation, stock market grow, etc etc)

                                        Let me know, and I will do a comparison of these data points when there is a Republican president vs. a Democratic president and see if there is a major difference.

                                        L Offline
                                        L Offline
                                        Larry
                                        wrote on 23 Mar 2022, 00:20 last edited by
                                        #117

                                        @taiwan_girl said in Inflation:

                                        @Larry Then, I will go back to a question I asked a while ago, though I dont believe you answered?

                                        What are the five top data points that YOU use to measure the US economy? (for example, growing rate, unemployment, inflation, stock market grow, etc etc)

                                        Let me know, and I will do a comparison of these data points when there is a Republican president vs. a Democratic president and see if there is a major difference.

                                        F you have to have data points in order to figure out who shot John, he no wonder you think like you do.

                                        Try this - quit relying on data points and start looking at reality.

                                        T 1 Reply Last reply 23 Mar 2022, 00:39
                                        • L Larry
                                          23 Mar 2022, 00:20

                                          @taiwan_girl said in Inflation:

                                          @Larry Then, I will go back to a question I asked a while ago, though I dont believe you answered?

                                          What are the five top data points that YOU use to measure the US economy? (for example, growing rate, unemployment, inflation, stock market grow, etc etc)

                                          Let me know, and I will do a comparison of these data points when there is a Republican president vs. a Democratic president and see if there is a major difference.

                                          F you have to have data points in order to figure out who shot John, he no wonder you think like you do.

                                          Try this - quit relying on data points and start looking at reality.

                                          T Online
                                          T Online
                                          taiwan_girl
                                          wrote on 23 Mar 2022, 00:39 last edited by
                                          #118

                                          @Larry What is the reality? ☺

                                          L 1 Reply Last reply 23 Mar 2022, 01:09
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