Well…during the Biden administration, if you asked any man on the street if the economy was good or bad, they almost always called it bad no matter what was really going on…and a large part of it was the news media not doing their jobs in reporting the good news…but, I think that has started to change a bit with many articles about the almost nonexistent inflation that the fed has engineered…in October, there was no inflation at all and in November it was only .1 of a percent and the CBO forecast is for inflation to be right on the 2% target for the next five years and the fed has 3 interest rate decreases scheduled for 2024…and this all adds up to the vaunted “soft landing” that the fed has been working for…do you remember all the doom and gloom that we were heading for a deep recession when Biden took over? When you put competent people and not cronies in charge, it is not surprising that good things happen…but if you listen to fox news, they are still rooting for that recession saying the economy is terrible when it’s not…I guess liars gotta lie…geez…
Tag Archives: Inflation
Remember this before you vote…
Well…with the repubs screaming their heads off about gas prices and inflation and trying to pin it all on the dems, you just have to remember this before you vote…they were given the chance to attack the main cause of inflation, price gouging by corporations, especially oil companies whose profit are up by almost 100% over the past year, and every damn one of them voted against doing anything about it…this shows they don’t care at all about any of this…the only thing they want to use the inflation that is hurting their constituents for is to attack the dems. Have your heard any policy plan they have to deal with inflation? Nope, didn’t think so because they don’t care about it…just like they don’t care about doing anything for the people…they just want power to reward their big donors with another tax cut…and these same donors are pouring hundreds of million of their money into these races to elect more repubs…and there is something wrong when a rich guy can give 30 million to elect repubs and get a 250 million dollar tax cut…I think it’s become the new investment for most of these folks…buy a legislative seat, get money back…and that has got to end….and the only way that will happen is to elect more dems…so vote..and not for repubs…geez…
Now what are they going to run on?
Well…the plan for the repubs for this fall’s election was to hammer the dems on inflation and gas prices…blaming Biden for all of it when inflation is world wide and high gas prices are a result of price gouging by the oil companies. But, guess what? With reports out this morning, the expectations for inflation to moderate back to pre pandemic values by early next year and gas prices have been falling for 60 days in a row now and are under 4 bucks a gallon out here…so now what are the repubs going to run on? Making sure diabetics have to pay thousands for insulin instead of the 35 dollars a month cap that the dems wanted? Or gutting Medicare and Social Security like ole Ron Johnson the senator from Wisconsin has just publicly stated and that is the holy grail of shredding the social safety net that the repubs want….I guess they can run on being against everything that the dems want but most of it is pretty popular so that probably won’t work….more guns on the street? 80% of the country doesn’t want that…outlawing abortion in the states? 70% of the US doesn’t want that so that won’t work…look, they have nothing but hatred to run on in this election and I think the US is getting tired of that bullshit…so maybe this could be a good election for us especially after getting the inflation act passed…once people know what is in it, they will love it…and not one repub voted for it…but that hasn’t stopped them from lying and taking credit for it and the good things it will do….it’s what they do every time…geez….
Hey repubs, I have a clue for you…
Well…with all of the bleating on the right about inflation and as they ignore that their party tried to destroy this country by an armed insurrection, I have a clue for repubs…trying to destroy this country and steal an election is worse than inflation…say it after me…stealing an election is worse than inflation….get it? And let’s make sure you understand this, too…not one damn repub has come out to say the the idiot trump is innocent…they all know he is guilty as hell and most of them tried to help with either the attack or the coverup afterward…how many of them do you hear still saying the election was stolen? Almost every damn one of them and most of the ones running for office this fall are running on the big lie and continue to spew that bullshit….even though every person from Bill Barr to his campaign chair told idiot boy he lost he is still poisoning our society with his “rallies” where he continues to lie to his followers and grift money from them….trump needs to be in jail and right now…it is not free speech when you are trying to get people to commit acts of violence against your political foes….and every one of the repubs who have testified to the January 6th committee have had to go into hiding since they have gotten thousands of death threats that are directly a result of trump and his cult of personality…when do we stop this crap? The time is now…geez…
Inflation is profit taking…and Ceo stealing…
Well…I know inflation is on the mind of most people here in the US that aren’t independently wealthy, and I also know that fox news and everyone on the right is lying about the causes….like housing prices that have been affected by the industrialization of home purchasing by REITs and other big purchasers who have been snapping up starter homes to turn into rental units and who can afford to pay more than individuals since they can just raise the rents to ensure their profit margins….and this scramble by these corporations have shut most low income buyers out of the market and caused the crazy price increases that have even affected the house that I bought a year ago…I mean a house that I bought for 90K a year ago is now worth 140K? That is just nuts. When we look at food prices, lets use the example of Kroger whose revenues and profits are up over 40% in the past year and how do they use those increased profits? By increasing CEO pay, stock buybacks, and increased dividends, not by holding the line on prices…again taking advantage of the pandemic by transferring wealth to the rich while most of their employees can’t afford their rent anymore. Kroger is not alone…throughout the economy, corporations are blaming higher prices on supply chain issues or a whole host of other problems but the real reason is pure greed…all of them are taking advantage of small hiccups in the economy to steal as much as they can while the media falls behind in their reporting or just believes the lies and reports them…it’s easier than doing their jobs and reporting the truth….and if there is not profit taking going on, why are oil companies more profitable than they have been in years? They love the fact that OPEC is shouting about raising oil prices by restricting supply when that has no effect on American oil production or refining for retail customers of gasoline….but gas is at it’s highest price in 8 years as are the profits of the oil companies…just plain old price gouging that they are allowed to get away with…so when the right whines about inflation, you can be sure it is only a lie to attack Biden and his administration since their big donors are doing just fine and love them some of that sweet, sweet inflation that allows them to steal more than normal…geez…
They don’t know anything about inflation…
Well…with all of the repub yapping about inflation and bragging that they are going to run against Biden and the dems with it in 2022 and 2024, you would think that they would know something about it…oh, that’s right…with their lie machine of fox news, they don’t have to have any facts or know anything…just the daily talking points delivered by fox news. So, with every credible economist saying the inflation we are seeing is transitory and due mostly to shortages rather than any underlying problems with the economy…you can see that just by looking at the contracts for oil for January that have dropped to 64 dollars a barrel from 100 bucks…which converts to about 2.35 a gallon of gas…and it could go lower once the oil companies stop keeping the prices high even when their costs have plummeted….I’ve seen that food prices have started to moderate, too, with pork shoulders back down to 99 cents a pound on sale compared to the 1.49 a pound they were just a few weeks ago…and you could still get a frozen turkey at Meijers last week for 33 cents a pound on sale….so, in these unprecedented times, let’s take a breath an hope the media stops howling about inflation…after all no family drinks 15 gallons of milk a week….yeah, that was a little joke….geez…
It seems like they’re lying…
Well….this one is going to be a little jumbled since I have a few things I wan to talk about….first, just as I predicted, the repubs are back in their districts after Biden signed the infrastructure bill touting all it’s going to do for them…conveniently lying about the fact that none of them voted for it…or I should say not many voted for it…there were a few who participated in writing the bill and then voted for it and I thank them for that…and the response of repub leadership? You can guess this one…they want to censure all of the repubs who voted to help the people of the US and get started rebuilding the crumbling bridges, roads, buildings, and other infrastructure….and most of them will be primaried by far right nutjobs who will probably win and then lose in the general…kinda smart, huh? Explain this to me….consumer sentiment is in the low 30′s even with consumer spending reaching all time high….and the economy added an additional 700,000 jobs from June to September and real wages are up as well…so what is making people think the economy sucks? Could it be that the media doesn’t know how to cover good news anymore? Sure looks that way when you see the headlines screaming about inflation and how long it took to get the infrastructure bill passed…but it did pass but not much was written about what the benefits are going to be for the country….and that is wrong….geez….
Explain this repubs…
Well…if you have seen the news lately, almost every damn story is about inflation and we see the repubs incessantly blaming Biden for it and the pundits wailing that it will be the end of the dems……but, a new report out today shows inflation up by about the same amount the last month everywhere it was measured…Europe, Asia, Australia, and everywhere else shows the same percentage…so I guess Joe Biden controls the entire world’s economy now…and I’ll bet that would be a surprise to the rest of the world’s leaders. Look, with the pandemic and the similar way it has been dealt with around the world, of course inflation is going to be similar…as the rise in oil prices driven by Saudi Arabia effects every country that buys oil and the supply chain bottlenecks also effect every country…so, again, we see the repubs lying their asses off again for political gain and to smear Biden since they have no truth to do it with…but the lapdog press just keeps reporting these repub talking points, giving them a free way to attack Biden and I am tired of it…geez…