O'bidenomics
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10-Apr-24

Altitude Sickness 's embedded Photo
Altitude Sickness 's embedded Photo
Haven’t you learned from here. The policies of the federal government have no impact on the economy or consumer confidence indexes :>)))

The first leg of the economic stool cut off was them keeping businesses shut down for 18 months longer than necessary.

Then who comes to the rescue with the cure. printing trillions a dollars spiking demand with no supply.

From: fdp
10-Apr-24
"Joe be gone by July"? .....where's he going to go ?

10-Apr-24
I hope the middle classes enjoy their small raises in their paychecks. This was given to you so the government can take it back in inflation taxes, and then some. How dumb are you people when you vote ? The GOP is the party of the middle classes. Seek opportunity, not handouts and false narratives like student debt relief and other vote seeking initiatives. I paid my student loans off, why should I also pay for today's loser students ?

From: fdp
10-Apr-24
"other vote seeking initiatives"......so the GOP doesn't promote vote seeking initiatives ?

10-Apr-24
They certainly do, but not under false narratives. The GOP fights like hell to keep their promises to the middle classes, and America. Due to checks and balances and other world events, it does not always work out but they fight like hell. Trump warned about Biden inflation taxes, I think most are to dumb to understand what he meant. Now it should be clear to you. It is ok, keep sucking off from mommy and daddy, and those of us with the gumption to work hard at our jobs.

From: fdp
10-Apr-24
"but not under false narratives."....that's BS dude. The GOP is just as sleazy and just as misleading as any other organized political party in the country. You make assumptions that serve to make you sound pretty foolish. Trump predicted a LOT of things before he was in office, while he was in office, and after he was out. Probably more of them are wrong than are right.

Trump had ne real clue what the economy was going to do because he had NEVER experienced a world wide event that upset economies in virtually every country on the face of the earth, and neither had anyone else.

Heck he couldn't even manage the response in this country. And you can pass blame for that and make any kind of excuses that you want to for his failed response but ultimately it falls on his shoulders. he was the President.

And if you or anyone else thinks that he, or anyone else had a CLUE what it would/will take to recover from that you are more delusional than the content of most of your [posts make you seem.

Lots of folks have the gumption to work and do, and contribute just as much to the country as you do that DON'T agree with your nonsensical rants. Just like there are people who don't agree with me that positive contributions every day.

One of the differences being though that you and a few others have a condition that automatically makes you instantly begin to attack and belittle anyone who doesn't agree with you.

10-Apr-24
Thank you . Very, very typical hackle raised Liberal response.

From: fdp
10-Apr-24
Just as yours is a "Very, very typical hackle raised" whatever it is you claim to be response. Another example of you utter and complete nonsense.

From: spike78
10-Apr-24
Wait what? Inflation higher than they predicted no way is that possible all I heard was roses and unicorns the last few months. And I don’t even know if they counted energy and food this time? Well looks like my Redfin stock may be screwed time to raise the rates again.

From: Orion
10-Apr-24
Don't worry BEG will be here shortly to set all you guys straight

From: DanaC
10-Apr-24

DanaC's Link
"The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items. The energy index rose 1.1 percent over the month."

10-Apr-24
If this economy keeps up, the hard working tax payers will run out of nipples.

From: Grey Ghost
10-Apr-24

Grey Ghost's embedded Photo
Grey Ghost's embedded Photo

Grey Ghost's Link
"And I don’t even know if they counted energy and food this time?

They count energy and food every time. The fact that you can't seem to find that information is telling. FYI, the number that includes energy and food is LOWER than the number that doesn't.

From: DanaC
10-Apr-24
If I read the numbers correctly, food prices stayed nearly level, but energy and housing were up considerably. A while back oil prices were hovering in the low 70s, now they're in the mid 80s.

From: spike78
10-Apr-24
GG I’m at work so I did not look.

From: spike78
10-Apr-24
Keep in mind gas prices will most likely continue up through summer

10-Apr-24
The GOO fought Trump like hell was coming. They might come off as more conservative. More for the middle class. Etc…. But, in the end they’ve sold us out everytime instead of fixing the issues they claim to care about.

From: Grey Ghost
10-Apr-24
Dana, the CPI numbers are a comparison of prices today versus a year ago. Food prices have inflated at a slower rate than other prices. And energy prices are still down, slightly, compared to a year ago, although they have gone up in recent months. That's why the inflation number that includes food and energy is lower than the number that doesn't.

From: drycreek
10-Apr-24
Show anfd tell with graphs and stats is fine, if that’s what you want to do, but every damn thing I need or want costs more than it did 3 years ago. Every….damn…..thing !

From: fdp
10-Apr-24
"costs more than it did 3 years ago."...it always has.......and likely always will.

From: Catscratch
10-Apr-24
You left out a word drycreek... "significantly".

From: Glunt@work
10-Apr-24
Keepnin mind that chart isnt the price increase since Jan 2021. Its the percentage of increase over 12 months. Todays 3.5% is on top of last years 5%, which is on top of 2022 8%, wich is on top of 2021 2%

From: KsRancher
10-Apr-24
Glunt. But that doesn't matter since we have been killing it with our big raises in wages

From: Orion
10-Apr-24
Gas prices are on the rise again in the U.S. and have more than doubled since President Biden took office despite the White House recently saying that "costs have fallen for everyday purchases from a gallon of gas to a gallon of milk."

As of Wednesday, April 10, AAA’s national average cost for a gallon of gas is approximately $3.62, up from the $2.39 figure when Biden was sworn in on Jan. 20, 2021. That means the price of gas has risen more than 50% since the beginning of Biden’s presidency.

Waiting for the bowsite liberal spin on this

From: Grey Ghost
10-Apr-24
"Gas prices are on the rise again in the U.S. and have more than doubled since President Biden took office...."

No they haven't. The average fuel price in January 2021, when Biden took office, was $2.39/gal. Today it's $3.62. Yes, that's a significant increase, but not "more than doubled".

From: csalem
10-Apr-24
Gasoline under Biden briefly made it to $5.01. I’m not a mathematician but …… Liberal side steps are so fun to watch.

From: fdp
10-Apr-24
It was $6.50 a gallon for a period of time in some locations in California in 2019.

From: Beendare
10-Apr-24
We just need to print more dollars...then tax the rich more so the Bidenomics Democrats can throw $$$ at; border walls in Egypt,

Play both sides of the Hamas/Israel debacle,

pay for kids to get gender changing surgeries,

payoff the student loans of all the film majors working at Starbucks

and put in more solar farms that will be destroyed in the next hailstorm.

Who will the neocon puppetmasters swap out for Biden.....

From: csalem
10-Apr-24
I never use anything that happens in the land of nuts and fruits in relationship to the rest of the Country but I see the point you were trying to make

From: spike78
10-Apr-24
Just so you all know ever since we effed up and started printing money a long time ago we literally HAVE to keep raising prices and taking on debt or else we are screwed. I watched a Youtuber make a valid point since we have so much technology that can do work faster for example an excavator then theoretically prices should be lower due to less labor but they are not and why is that? I’m starting to think we literally have to give our money to other countries because there is so much of it. Everything the government has done has screwed us.

From: fdp
10-Apr-24
"Everything the government has done has screwed us."...kinda' hard to argue against that....

From: Orion
10-Apr-24
Grey ghost please post another one of your charts with gas prices. Are you saying AAA made that up?

From: Orion
10-Apr-24
In terms of specific areas that may be causing financial strain for consumers, food and gas prices in particular have been steadily increasing in recent months.

“This can be attributed to a variety of factors such as global market fluctuations, weather events impacting crops and production, and political instability in key oil-producing countries,” said WinCap’s Collins.

Shelter costs, including rent and mortgage payments, continue to rise in many parts of the country, making it difficult for individuals and families to find affordable housing.

“This can be especially challenging for those living in high-cost cities or areas with limited housing options,” he said.

Indeed, the index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed more than half of the monthly increase in the index for all items, according to the CPI release.

Specifically, the gasoline index increased 1.7% in March — up 1.3% over the past year. Meanwhile, prices for shelter were up 0.4%, up a whopping 5.7% in the past year.

As for groceries, they continue to be “a weekly shock for much of America,” said Launch That’s Kates.

In March, the food index rose 0.1%, a 2.2% increase over the past year, according to CPI data.

Meanwhile, prices for food at home — your grocery bill — are up 1.2% for the year. And in terms of food away from home — what you pay in restaurants — the index is up 4.2% for the year.

From: bigeasygator
10-Apr-24
Grey ghost please post another one of your charts with gas prices. Are you saying AAA made that up?

No, he's saying you can't do math if you think the current price of gas is more than doubled since Biden took office.

From: csalem
10-Apr-24
Gasoline did more than double under Biden. Now it’s down from $5 but still up from when Biden took office

Does not matter. People can read all the charts and graphs until they throw up, and they still wont feel good about this economy.

But it’s good to see so many of the Bowsite Czars trying to help the bowsite minions stop seeing what they are seeing and feeling. Bless your little hearts for caring.

From: KSflatlander
10-Apr-24
GOP for the middle class...LMAO. What a bubble some of you live in and will believe any words Trump speaks.

Remind me...which party gave the biggest tax rate reduction for the richest people in the country. Oh yeah, it was Trump and the Republicans. Middle class my a#%. They rig the system so the rich get richer. The rich got a lot richer with Trumps idiotic tax breaks with record deficit spending. Don't forget the Trump stimulus when thinking about contributions to inflation. And Trump wanted more stimulus $$$ but congress denied him.

From: Grey Ghost
10-Apr-24
"Grey ghost please post another one of your charts with gas prices. Are you saying AAA made that up?"

No, I'm saying a 50% increase is NOT "more than doubled". "More than doubled" would mean gas has risen over 100%, which is hasn't. I know math is hard for some folks.

From: csalem
10-Apr-24
$2.46 x 2 = $4.92

Gasoline reached $5.01

GG. I’ll let you clean up the details and those pesky percentages.

On another note it was good to have the Bowsite Social Issue Czar, Ks, chime in with his always valuable comments. A good day indeed

From: bigeasygator
10-Apr-24
Try again, csalem. That isn't at all what Orion said. He said gas prices have more than doubled despite prices falling from their peaks. Looks like your English is as strong as Orion's math.

From: bluedog
10-Apr-24
No doubt these are challenging economic times.

A smart hedge against this Liberal led economy might be for some of you to put your retirement funds in something pro Trump.... somebody you can trust.

Thinking DJT (Trump Media and Technology Group Corp)... "Art of the Deal" and all.... you can know your hard earned money is safe from the Libtards by doing this. They're too dumb to buy DJT.

From: KsRancher
10-Apr-24
Ryan. Do you believe that either party is truly for the middle class?

From: RK
10-Apr-24

Blue dog. Excellent idea. Going to be hard to implement but certainly an out of the box thinking moment.

From: KSflatlander
10-Apr-24
Rusty- I get your point but the democrats reflect middle class America vs GOP vs Trump. Trump has never been anything but wealthy. Good for him but he has no idea how to put my shoes on. That goes for Biden also except he doesn't know how to put on any shoes at the moment. However, union busting and tax breaks for the rich doesn't say to me "we care about the middle class."

Again, I don't vote for party. I vote for candidates. I'm not some low information voter who knows who they will vote for in every future election with no info on the issues. AKA Low information voter.

From: bluedog
10-Apr-24
RK...thanks, just trying to be helpful to fellow bowsiters.

From: fdp
10-Apr-24

fdp's embedded Photo
fdp's embedded Photo

From: bluedog
10-Apr-24
Good time to buy on the dip..

From: RK
10-Apr-24
Always on the cutting edge of kindness aren't you Bluedog :)

From: bluedog
10-Apr-24
Thanks RK. If I can help just one person it's all worthwhile.

From: Orion
10-Apr-24
Big easy I didn't say it. AAA did in their article today.

From: RK
10-Apr-24
I totally understand and admire you for your dedication. Hope you are doing well. !!

From: Orion
10-Apr-24
Here is the article bigeasy

https://www.msn.com/en-us/money/markets/gas-prices-have-again-doubled-since-biden-took-office-despite-white-house-claiming-costs-have-fallen/ar-BB1loUsZ

From: KsRancher
10-Apr-24
I looked up federal tax brackets for past years. I don't see one year where the rich don't pay a significant higher percentage than the middle class. And by higher I mean 50% more on that extra money they made over the middle class. That's why I say niether party is for the middle class. I don't see how democrats reflect middle class anymore than the GOP or even Trump.

As far as unions go. I look at them only as extortionist. And in case anyone is wondering. My wife is part of a union. As far as a union goes. I can't even hardly consider the union she is a part of an actual union. Not much in the way of negotiations and never a talk about strikes and none of these crazy 30% raises like you hear about. It's more of a formality where she works

From: Grey Ghost
10-Apr-24
Clearly the author of Orion's article struggles with math too.

From: csalem
10-Apr-24
Orion. The bowsite Petroleum Czar is going to still dance around that article.

KS do you think it will snow one more time in Kansas before spring breaks out strong?

From: RK
10-Apr-24
Gg. Seems to be a universal problem :)

From: KsRancher
10-Apr-24
csalem. Me or flatlander? Your getting my opinion anyway. Spring is here. Snow is done

From: Orion
10-Apr-24
About as much as your struggles with anatomy grey ghost. Gut shot doesn't equal liver shot.

From: csalem
10-Apr-24
Ks rancher I was asking flatlander but thanks. I think you may be right

From: Grey Ghost
10-Apr-24
"Gas prices have doubled since Biden has been in office, they've gone up 50%." Too funny.

From: KSflatlander
10-Apr-24
I think the snow is likely done too. Why do you ask?

"About as much as your struggles with anatomy grey ghost. Gut shot doesn't equal liver shot."

There she is...the x-wife dragging up old s#%t again lol. How about another peer review joke so we can laugh at your willful ignorance of science and facts. An x-wife is good for one of those?

Buy the way Orion, have you ever shot any animal and not recovered it? I have. It doesn't feel good. We have all felt it but YOU just have to go there. What a dbag to blast a fellow hunter for filling his tag legally. So have you been unable to recover an animal you shot? Enquiring minds want to know about how you have always hit exactly where you're aiming. I'd say the jokes on you because GG has an impressive elk mount. I'd call that a kill shot.

IMO you're exactly what's wrong with America. Lack of empathy, can't let the past go, and an unwillingness to find and accept facts and the truth. AKA willful ignorance.

From: Orion
10-Apr-24
Haha, was that analysis peer reviewed

From: KSflatlander
10-Apr-24
Lol right on cue. Made my day. Works every time.

Answer the question big mouth: Have you been unable to recover any animal you shot?

From: csalem
10-Apr-24
Ksflatlander. Lol. I was just wondering with your TDS being so severe, could you answer a simple question without bringing Trump up

You can. There is still hope for you, good job

From: KSflatlander
10-Apr-24
Hey hey I passed. Can I join your Trump cult...damn it...did it again. Looks like I'm out of cult.

10-Apr-24
Most cite “Core Inflation”. Which removes energy and food from the numbers.

“The inflation rates for particular categories of goods and services can be, and often are, quite different from the overall headline inflation rate. The headline inflation rate is the weighted average of price changes of a wide set of goods and services, with the weights representing the relative proportion of expenditures spent on each category. The twelve-month inflation rates in December 2023 range from -14.7 percent for fuel oil to 20.3 percent for Motor Vehicle Insurance. Over this period, energy prices fell 2 percent (weight of 0.067), food prices rose 2.7 percent (weight of 0.13), and all items less food and energy, so-called core inflation, rose 3.9 percent (the weight of these core items in headline inflation is the remaining 0.80). What matters most for consumers is how the changes in prices affect their overall purchasing power. Different groups of consumers purchase different sets of goods and, therefore, face different inflation rates and price levels. The different inflation rates for different categories of goods and services mean that the reduction in purchasing power from inflation can differ widely across groups of people since people’s patterns of purchases vary depending upon a range of factors. For example, people who live in rural areas typically need to drive longer distances than urban dwellers, so gasoline prices make up a bigger part of their overall expenditures. Notably, the typical pattern of expenditures of poorer people differs markedly from richer people, with a higher proportion of spending by the poor on food and shelter. Furthermore, prices can differ across locations for the same types of goods, and where you shop can be as important as what you buy in terms of the prices you face. Consequently, there have been calls for developing price indexes by subgroups, for example, across the income distribution. The Committee on National Statistics of the National Academies of Sciences, Engineering, and Medicine recommends that the development of income-based price indexes should be a “high priority” for the Bureau of Labor Statistics. (p. 151) While the impact of inflation varies for consumers depending on their characteristics and the mix of goods they purchase, comparing a standardized basket of goods over a set period of time allows economists to gauge the state of price changes. Monthly inflation is typically reported at an annual rate by comparing prices in one month to prices twelve months before. Reported in this format, the inflation rate at a given point in time can provide information on whether production is in line with demand (as well as how consumers expect prices to behave going forward). When inflation rates are given for different lengths of time, it makes it more difficult to make these comparisons. For instance, in October 2023, a statement from House Budget Committee Chairman Jodey Arrington (R-TX) and a report from the Heritage Foundation noted that prices had risen by 17 percent since January 2021. The 17.1 percent inflation rate reported by Congressman Arrington and the Heritage Foundation is the percentage change over 31 months. The average inflation rate over this period was 6.3 percent. But this average masks large changes in the rate of change in prices between the beginning of 2021 and the end of 2023; from 7.6 percent over the January 2021 to January 2022 period, to 8.9 percent in the twelve months ending in June 2022, but subsequently below 4 percent at an annual rate in each month after May 2023. Wages, as well as prices, tend to rise over time. The relevant statistic for considering the change in people’s purchasing power is not inflation itself but the percentage rise in wages relative to the inflation rate. The Federal Reserve Bank of Atlanta calculates a wage growth tracker for overall median wages as well as for median wages by different levels of educational attainment, full-time or part-time workers, men and women, hourly workers, and workers in service industries. While inflation exceeded wage growth from the beginning of 2021 to the end of 2022, the period since then has seen wage growth higher than inflation (see chart). The increase in median wages was 16.2 percent over the period 2021 to 2023, roughly corresponding to the period of a 17.1 percent increase in prices cited by Representative Arrington and the Heritage Foundation. This means that the shortfall in purchasing power due to inflation was 0.9 percent. What this Means: When inflation is coming down, but is still positive, prices will continue to be higher, albeit at a slower rate of increase. All else equal, this would erode people’s purchasing power, but wages tend to rise with prices and living standards increase over time – one indicator of this fact is that real (price-adjusted) national income per person was $67,036 in the third quarter of 2023 (expressed in 2017 prices), six percent larger than its value of $63,227 in the first quarter of 2021. Of course, this aggregate measure does not take into account the distribution of income across different groups. Wage growth across groups varies, as does the cost of respective baskets of goods and services. This is prompting serious study of inflation across income categories and age groups, which is important for gauging relative prosperity as well as properly adjusting benefits to keep up with the cost of purchases. The good news is that inflation is coming down. This is somewhat tempered by the fact that prices are high – but for many people, wage gains soften this

In plain English. Stuff still costs 19% more than it did before Biden

From: RK
10-Apr-24
Altitude. Probably closer to 21% on many items

From: Beendare
10-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo
How many times have we heard, "Follow the science" from Idiots like; John Kerry who thinks spending a Trillion dollars will change the climate...

or Fauchi- who leaked the Covid virus then covered it up....

From: Beendare
10-Apr-24

Beendare's Link
The same folks electing Biden ....also elect Sheila Jackson Lee one of the biggest racist idiots this country has ever produced.

Her Committee assignments Committee on the Judiciary. Subcommittee on Crime, Terrorism, and Homeland Security. Subcommittee on Immigration and Border Security. Committee on Homeland Security. Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies. ... Committee on the Budget.

Here she is instructing students about the moon- hilarious except Dems put her in important positions.

From: Grey Ghost
10-Apr-24
"The increase in median wages was 16.2 percent over the period 2021 to 2023, roughly corresponding to the period of a 17.1 percent increase in prices cited by Representative Arrington and the Heritage Foundation. This means that the shortfall in purchasing power due to inflation was 0.9 percent."

Altitude Sickness copies and pastes a lengthy quote, which includes the information above, but his take away is this:

"In plain English. Stuff still costs 19% more than it did before Biden"

Classic Bowsite reasoning. LOL.

10-Apr-24
Go buy a new vehicle, pay the sales tax, insure it, and then gas it up. Oh never mind, nothing is real.

From: fdp
10-Apr-24
She is nearly as bad as that President guy who told people he could make Mexico pay for a wall, that his administration had Covid 19 under control, and that he could stop the war in Ukraine in 24 hours.

Who elected him ?

From: Orion
10-Apr-24
So nothing cost more, inflation isn't happening, and gas isn't going up. Perfect. Flatlander I'll answer your question when you turn yourself in for your illegal fire.

From: RonP
10-Apr-24
not only isn't inflation happening but, we have been saving $2500 a year since 2010 when the affordable care act was passed by arguably the best potus ever - promised and delivered!

who among us hasn't benefitted from the cash for clunkers program too.

From: KSflatlander
10-Apr-24
The statute of limitations is up...x-wife.

Strike that. Everyone can see the dbag you are giving another hunter for harvesting and animal legally. Point made. You are the worst of us.

From: Grey Ghost
10-Apr-24
"So nothing cost more, inflation isn't happening, and gas isn't going up. Perfect."

Nobody said that, and you know it.

From: RK
10-Apr-24
LMAO. you two boys need to get a life.

From: RK
10-Apr-24
Flatlander. The worst of us. Come on dude. That game can be played to your detriment also. No need to do that. Nothing good can happen. Chill out dude

10-Apr-24
Because that 16% pay increase is not across the board. Take a poll here on who recieved a 16% pay increase in that period

From: bigeasygator
10-Apr-24
Neither is inflation. The inflation numbers and the wage numbers are averages. My wage rose 44% over that period.

From: RK
10-Apr-24
My God BEG.

From: Catscratch
10-Apr-24
Damn man, I'd be happy with the economy too if every time the cost of living went up 20% that my wages increased 44%! Congrats to ya!

11-Apr-24
Because that 16% pay increase is not across the board. Take a poll here on who recieved a 16% pay increase in that period

11-Apr-24

Altitude Sickness 's embedded Photo
Altitude Sickness 's embedded Photo
Ask anyone that owns a small or medium size business or is running one, if the Margins are 16%

I don’t need a chart that my 2 year old grandson could make in Excel.

Materials and labor costs eat up the margins. More money is coming in of course. But it’s being handed over to suppliers.

So yes some employees have seen their wage go up. The main driver is the federal government paying people to stay home, two to three years longer than necessary

That drives the entry-level position cost up and then the next tier wants a raise and the next tiers all want raises.

Once again.

The government

The Cause and Solution. In one convenient package

From: bigeasygator
11-Apr-24
Ask anyone that owns a small or medium size business or is running one, if the Margins are 16%

Huh? What do margins have to do with anything? Margins are not wages.

From: Orion
11-Apr-24
Haha flatlander is so triggered

From: Grey Ghost
11-Apr-24
"Materials and labor costs eat up the margins. More money is coming in of course. But it’s being handed over to suppliers."

Every business I've owned, or worked for, passed on higher material and labor costs to their customers to maintain whatever margins they needed. That's kinda how businesses work, and how inflation happens. You can continue to blame all of that on the government if you want, but that doesn't make it true.

From: Mint
11-Apr-24
For Company's that have agreements linked to CPI or LIBOR the Biden years have been a disaster. I've got some agreement linked to CPI and the cumulative effect is about 20% higher than when Trump was in office and the yearly increase were around 2%. Same for Company's carrying debt that isn't fixed and credit lines which every company has been using. Interest rates have close to doubled and it is hurting the bottom line. Most costs are 20% higher since Biden took office and the concerning thing is the spending hasn't slowed. It's pretty sad when you see people going to fill up the vehicle and they are giving the cashier $10 or $20 bucks in cash since their credit cards are tapped out and they don't have enough cash to fill up. I'm been seeing that a lot lately.

11-Apr-24
GG if you have a five-year contract and see a spike in materials. unless it’s written in ahead of time you eat those costs till the next contract. Most often fuel charges are written in with a high and low trigger.

But other materials are absorbed. not all industries can just pass on the cost.

If you’re dealing with one small customer, it may be easy to write in if my materials go up the customer paying for it

From: bigeasygator
11-Apr-24

bigeasygator's Link
That absolutely is a key contributing factor to inflation. It is called cost-push inflation (as opposed to demand-pull inflation). This is basic Econ 101 stuff, but guessing they must not have covered that in Ranger school, did they, Shawn?

From: bigeasygator
11-Apr-24
An end user result? No idea what that means. There is also literally nothing about "demand" related to CPI. CPI looks at change in prices, not what causes that change (is it demand or supply driven). Your post is nonsensical. Might want to put the bottle down.

From: Grey Ghost
11-Apr-24
Hey Shawn Magyar, I see you're hitting the bottle early this morning, again. BTW, how many times have you been banned from this site? It's gotta be like to 3-4 dozen times, right?

If you bought something for $1 dollar in 1980, that same item would cost $3.79 today. So, what's your point? Do you honesty think inflation is unique to the last 3 years? I remember when inflation was over 40% in a 3 year period in the late '70s and early '80s. The world didn't end then, and it won't now. But, feel free to continue your Chicken Little hand-wringing. It's pure entertainment.

11-Apr-24

Altitude Sickness 's Link

From: Mint
11-Apr-24
So GG are you saying be happy that costs went up 20% in the last three years because Biden could have been like Carter and we could be seeing 40% inflation? Thanks, I'd rather have 2% inflation each year and see gains in wealth due to productivity and technology gains.

From: Grey Ghost
11-Apr-24
>So GG are you saying be happy that costs went up 20% in the last three years

Of course not. I've never said that, nor implied that.

What I have said repeatedly is the current high inflation is due to multiple causes, most of which are related to the Covid pandemic. Covid caused people to spend less and save more. Savings rates were at all-time highs during that period, and were compounded by government stimulus. When covid restrictions eased, people began spending more again, but companies couldn't keep up with the increased demand because they had reduced production and had continuing supply chain problems. On top of that, the Ukraine war, and resulting import sanctions on Russian oil, put a severe strain on energy prices which made supply chain issues even worse. The result of all of that caused higher prices across the board. Government stimulus certainly played a role. But, we all know the current administration wasn't solely responsible for that, and it wasn't the only contributing factor.

From: Catscratch
11-Apr-24
Pretty clear neither side is changing their mind.

Biggest take-a-ways from this thread to me are that people struggling want someone to blame, and some have no problem telling others that they aren't actually struggling.

From: CaptMike
11-Apr-24
"Do you honesty think inflation is unique to the last 3 years? I remember when inflation was over 40% in a 3 year period in the late '70s and early '80s."

Do you honestly think it is pure coincidence that inflation has soared since the Biden administration took charge?

11-Apr-24
it wasn’t Covid that tanked the economy, but the inept federal governments response to Covid. The Marxist Jack boot tactics keeping businesses closed years after science proved who was vulnerable.

We need a video montage of politicians sitting in restaurants while the peasants were forced to wear mask while outside.

Pastors being arrested for holding church services. Gym owners business losing their licenses. bank accounts being froze for businesses refusing to keep their doors closed. or trucks off the road

It’s Amazing how people have already forgotten what really put us here.

From: Mint
11-Apr-24
It can't be the Democrats and Biden's fault since they passed the Inflation reduction Act! LOL And Joe freezing student loans way past what was needed and now "forgiving" student loans sure isn't helping inflation. But while EVERYONE was warning about inflation the Biden administration said it wouldn't be a problem. They caused it and they own it.

From: bigeasygator
11-Apr-24
Do you honestly think it is pure coincidence that inflation has soared since the Biden administration took charge?

As inflation is very much a lagging indicator. I'd argue Trump's stimulus payments and his tariffs have done just as much to contribute to inflation as anything Biden did. Hell, from a monetary perspective, Trump encouraged the Fed to take rates to negative prior to the pandemic (thankfully they didn't listen). At the end of the day, neither man can nor did much to change the economy.

11-Apr-24
Student loan forgiveness :>))) Or as many of us see it. Theft. Or redistribution of wealth.

This is another cause and effect of the feds, sticking their nose in the free market.

Instead of dealing with the root cause, (that institutions are jacking the prices up because they know the government will allow loans that should never be given in the first place. )

Borrowing $200,000 for a degree you will never recoup those loan dollars is typical federal irresponsibility. just in what caused the housing collapse

so instead of dealing with the root cause, let’s just keep incentivizing bad loans and paying learning institutions far too much.

But remember presidential policy does not impact the market

From: bluedog
11-Apr-24
Still time to get DJT stock on the momentary dip and stick it to those stupid Libtards. And bail yourselves out of these stupid bidenomic times. Make America Great Again!

Our very own stock wizard Shawn says it's good until Nov 5 at least. Trump himself said it is doing great! Load up guys.

Some quotes from those in the know.. One user urged conservatives to "get behind the DJT stock and sent it over $100 per share" to "drive the liberals insane!" Another declared: "Get yourself a piece of #DJT stock if your a true MAGA supporter."

On Monday, Trump told reporters that "Truth Social is doing very well. It's hot as a pistol and doing great." On Tuesday, he posted "I LOVE TRUTH SOCIAL, I LOVE THE TRUTH!," on the platform. A day earlier, Trump Media CEO Devin Nunes, a former Republican congressman, said that going public will allow the company "to build a movement to reclaim the Internet from Big Tech censors."

11-Apr-24
If Elon Musk buys the company and absorbs it into X. What will that stock do ?

From: bluedog
11-Apr-24
If Musk buys it DJT stock will go parabolic... wise investors should get in while it is on sale. (disclaimer... I'm not a certified financial advisor)

From: DanaC
11-Apr-24

DanaC's embedded Photo
DanaC's embedded Photo
"If Elon Musk buys the company and absorbs it into X. What will that stock do ? "

From: bluedog
11-Apr-24
Dana... oh ye of little faith

From: bluedog
11-Apr-24
Just to be cautious maybe don't put more than 75% of your portfolio in DJT. (again stress I'm not certified market advisor)

From: 70lbDraw
11-Apr-24
“On Monday, Trump told reporters that "Truth Social is doing very well. It's hot as a pistol and doing great."”

Translation: “I’m going to get my pistol and shoot anyone that doesn’t like me.”

C’mon Dana, we can’t let him continue to threaten the lives of the American people. Let’s get an indictment! Lol!

From: spike78
11-Apr-24
CaptMike that is because we were taken off the gold standard. Who would have thunk printing money after that would have hurt us ;)

11-Apr-24
I think I’ll buy a couple thousand shares just in case

Everybody else is shorting it

From: Grey Ghost
11-Apr-24
The markets didn't take long to shrug off the CPI report. Great day for stocks...except DJT that is.

From: bigeasygator
11-Apr-24
...except DJT that is

I tried to short it a week ago. My brokerage (Fidelity) wouldn't let me.

From: bluedog
11-Apr-24
Just a buying dip GG... have faith.

From: bluedog
11-Apr-24
This modest dip is just a flesh wound

11-Apr-24
I’m hoping the stock will get into the $20s and I’ll snag a bunch

Just enough in case it rebounds I’ll make a little money. but not enough to hurt

From: bluedog
11-Apr-24
I have no readily available funds at the moment....

I always play enough to make it worthwhile though. No risk no gain... no guts no glory and all.

From: bluedog
11-Apr-24
Have to warn again I'm not a certified financial advisor... my stated opinions may be bull crap and wrong.

From: Nyati
11-Apr-24
The Labor Department said Thursday that its producer price index (PPI), which measures inflation at the wholesale level before it reaches consumers, rose 0.2% in March from the previous month. On an annual basis, prices remain up 2.1%, the largest yearly advance since April 2023.

From: spike78
11-Apr-24
All this Trump stock bashing. You guys do realize most stocks that IPO sell off right off the bat? This is the result of something called accredited investor where only the rich can buy then it goes public and dumps when all the non rich buy. But I guess it’s down cuz it’s Trumps?

From: Grey Ghost
11-Apr-24
Spike, DJT wasn't an IPO. It was a SPAC merger with DWAC. Anyone could have invested in DWAC before the merger.

From: RK
11-Apr-24
Damn I love visiting this site. So many really smart people. Lots of schooling getting put to use here

From: bluedog
11-Apr-24
"then it goes public and dumps when all the non rich buy." Help me understand Spike.... seems like stocks should go up when people buy, whether they are rich or not? Thought that was how it works, stock goes up with more demand and down when less demand? How can a stock dump if people want it?

I know sometimes with low priced stock they do a pump and dump... is that what is happening here? Thanks in advance.

From: bluedog
11-Apr-24
Think GG is right about DWAC... that's how Shawn made a killing. He buys low and sells high...

From: bluedog
11-Apr-24
RK... you nailed it. The wisdom found here is awesome. Amazes me it does.

12-Apr-24

Altitude Sickness 's Link
Posted again for the inflation Denial on here.

Those that continue to regurgitate the Biden talking points.

From: Grey Ghost
12-Apr-24
I don't think anyone has denied that inflation is high, A few of us have tried to explain why it's high, instead of saying "it's all Biden's fault". And to be clear, that's NOT an endorsement for Biden.

As for your article, Jay, economist have been predicting a market crash for well over a year. It still could happen, I guess, but I'm not betting on it.

From: fdp
12-Apr-24
"stock goes up when there is more demand and down when there is less demand"....that is the simplest example of inflation and applies to goods and services exactly the same way.

12-Apr-24
The next looming trigger is Covid funds are drying up. Schools are closing due to mismanagement of those funds.

The people that ran out of Covid money started maxing credit cards out. They now have no cushion.

The more negative predictions are many people are about to lose/give bank to banks. Toys of all sorts and homes.

I hope that does not happen. Those that think a collapsing economy is good politics to rid ourselves of Biden.

From: Mint
12-Apr-24
From Altitude' link "Democrat economist Larry Summers, who repeatedly warned President Joe Biden in 2021 that his reckless government spending would lead to a serious inflation crisis, warned again this week that things have not improved and inflation is running much higher than the official government numbers state."

Seems like Clinton's Treasury Secretary and Obama's Director of the National Economic Council puts the blame for rampant inflation on Biden where it should be. Biden is addicted to spending since he cares more about his "legacy" compared to Obama's then he does about the country. But don't worry like you Democrats promised the Inflation Reduction Act will kick in any day.

From: buckhammer
12-Apr-24
The feds didn't raise interest rates soon enough. They haven't raised them high enough. Inflation will not be controlled and lowered until both the federal and state governments stop spending money they don't have and it becomes extremely painful for the consumer to spend money .

From: 70lbDraw
12-Apr-24

70lbDraw's Link
24 billion meant to combat homelessness…gone! Yet even more homelessness ensues. How can that be? Maybe because the Democrats don’t want to fix homelessness anymore than they want to fix the border.

Funny how the left claims that they are fixing problems, yet the problem’s don’t get fixed, and it still costs us taxpayers a fortune to ignore it.

From: Orion
12-Apr-24
Altitude Wrote: "The next looming trigger is Covid funds are drying up. Schools are closing due to mismanagement of those funds. The people that ran out of Covid money started maxing credit cards out. They now have no cushion.

The more negative predictions are many people are about to lose/give bank to banks. Toys of all sorts and homes.

I hope that does not happen. Those that think a collapsing economy is good politics to rid ourselves of Biden."

Lots of Razors, Campers, Boats and other toys for sale down here in my part of the state. Guessing most of these were bought with stimulus money but now they can't afford the payments

From: bluedog
12-Apr-24
Too many people confuse wants with needs it seems.

From: RonP
12-Apr-24

From: buckhammer
12-Apr-24
Covid money/funding should have never happened. If you didn't have enough money saved in your personal life to weather an economic downturn then it sucks to be you. I busted my azz for years on end and saved like there was no tomorrow so there would never be a day I had to rely on someone else. There was never going to be a donation jar at work with my name on it if something happened in my life that required me to spend money beyond my normal budget.

I worked 7 days a week for years while those around me worked 5 days and called me a company boy. But yet when tradegy struck those 5 day a week people out came the donation jar. I never donated once.

Not everyone can be a winner. Some people have to lose so those of us that know how to play the game and play by the rules can win.

From: Orion
12-Apr-24
Exactly buckhammer. We got a couple of nice letters telling us we weren't getting a stimulus check because our AGI was over the threshold. I guess working hard had to be shoved in our face. Kind of like people saying high earners don't pay their fair share of taxes

12-Apr-24
Inflation reduction Act :>)))))

Similar to Solyndra solar slush fund.

Green energy scam that was funneling money back to the democrat party. Solyndra served its purpose. Then they pumped and Dumped

From: Orion
12-Apr-24
https://www.msn.com/en-us/money/markets/energy-prices-soar-almost-30-percent-under-biden-13-times-faster-than-previous-7-years-analysis/ar-BB1luj1V?ocid=entnewsntp&pc=U531&cvid=5c5d1ddfc78f4c0881fc239d16dff5cb&ei=18

Good article on the increase in electricity and the billions that just got dumped into green energy

From: Beendare
12-Apr-24

Beendare's Link
Interesting study on Inflation...and all of the factors at link [link is to Forbes, study is at an academic site requires your email]

The Democrat defenders here won't like it as it shows Biden-flation hit 18% in 2022 when using the 1983 inflation criteria. [thats one way to look better- change the criteria]

I think it's interesting how the powers that be have changed the interpretation of the factors involved- and what's important....and that doesn't even account for the current BLS 'Seasonal Adjustments" or in other words....we are going to change this number to suit our needs as they did in the recent report with gas prices.

In the study...they of course downplay the manipulation of these factors- wouldn't want to have the IRS auditing them I'm sure. It's a thoughtful study...and there is a good breakdown by income quintile which frames the question differently for each segment of the population.

From the study; Bolhuis et al. then went on to see if they could recalculate the official CPI numbers using a pre-1983-like formula that incorporated the cost of mortgage interest, auto loan interest, and credit card interest on the cost of living. They found three things: first, that the pre-1983-like formula led to a dramatically different estimate of inflation in 2022 and 2023, peaking at 18 percent in November 2022.

Second, they found that consumer sentiment—as measured by the widely-used University of Michigan Index of Consumer Sentiment—correlated much more strongly with the pre-1983 CPI formula than it did with the modern one that excludes interest costs.

Third, they found these differences to be also true in Europe: higher interest rates were correlated with lower consumer sentiment, and vice versa. This was an important finding, as some have suggested that the gap between American consumer sentiment and the official government statistics is a result of Americans’ mistrust of institutions and mainstream sources of information. “We find little evidence that the United States, despite its rising partisanship, social distrust, and large reported levels of overall ‘referred pain’ differ meaningfully” in their economic perceptions from those in peer nations.

(then this which explains a lot) There are other obvious problems with relying on the declining rate of official (current) CPI inflation to gauge what consumers should be feeling. Inflation is cumulative; a decline in the rate of inflation does not reverse the price increases from previous years; it simply means that prices are now rising at a slower rate.

12-Apr-24
I just heard Biden on the radio giving full throated support for Israel against Iran. It was the strongest support I’ve heard from him.

It’s a little late. But at least he did it. And deserves credit for backing our partner in the region.

From: Beendare
13-Apr-24
More for the folks that are fooled by the headline jobs number;

Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most economists had been expecting—a total of 303,000 for March. On its face, that’s a good number.

But as Ryan McMaken laid out over the weekend, things don’t look as strong when you dig into the data. For instance, virtually all the jobs added are part-time jobs. Full-time jobs have actually been disappearing since December of last year. In fact, as McMaken highlighted, “The year-over-year measure of full-time jobs has fallen into recession territory.”

Also, most of these new part-time jobs are going to immigrants, many of whom are in the country illegally. There has been zero job creation for native-born Americans since mid-2018. While immigrants are not harming the economy by working, the scale of new foreign-born workers has papered over the employment struggles of the native-born population.

Further, government jobs accounted for almost a quarter of those added—way above the standard ten to twelve percent. Just like with government spending and economic growth, government hiring boosts the official jobs number while draining the actual, value-producing economy.

From: Beendare
14-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo
Dem policy brought to us by the likes of BEG and GG Democrat policy.

Millions spent on gender reassignment in our US Military using our tax dollars. Creating democrat voters $1 million per.

From: shade mt
15-Apr-24
wife and i went out to eat Fri. A Biden commercial came on the TV hanging above the bar, whole place scoffed.

Man spoke up and said....."i don't care for Trump, but when he was in office and i got tired of listening to him, i just shut off the TV and all was good.

Biden is in office, i can turn off the TV and the clown STILL EFFECTS ME!...every time i get gas, buy groceries, or see all the immigrants, gun control you name it...guy is no good"

pretty well sums it up.

From: Beendare
15-Apr-24
Wake up and smell the Bidenomics bad policy……

Joe Biden promised his $1 trillion Inflation "Reduction" Act would lower inflation. The reality? Inflation is rising and the cost keeps climbing, now over $700 billion.

The Inflation Reduction Act Price Jumps From $385 Billion to Over $1 Trillion, Mishtalk.com has the breakdown in an article by the same name

Biden’s energy policy has been an inflationary disaster. And make no mistake, the IRA was nothing but his horribly flawed climate policy.

Biden is following the flawed Democrat run California model where we buy power at night from other states at breakneck rates.

From the WSJ commenting on Bidenomics Inflation Reduction Act ( Ha!) Do White House officials pay electric bills? They strangely keep saying the President’s climate agenda is reducing electric-power rates even as the cost of running your dishwasher is sky-rocketing, as illuminated by the Labor Department’s consumer-price index.

By our calculation, electricity prices have increased 13 times faster under Mr. Biden than across the previous seven years. His policies aren’t entirely to blame. But most of it is a result of the left’s climate agenda, and the price increases will get worse. Federal regulations, renewable subsidies and state green-energy mandates are forcing fossil-fuel and nuclear plants to retire prematurely. Solar and wind need backup from so-called peaker gas plants, usually at a hefty premium. During power shortages, spot prices can hit $10,000 per megawatt hour compared to $30 to $60 on a normal basis.

From: Beendare
15-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo
Let the excuses begin. Sheesh, when is the avg Dem voter going to believe their own eyes instead of the bullpucky claims like Biden saying he is reducing inflation?

Before BEG corrects me, Bidens actual statement was, prices are up…but inflation is down. ( Ha!)

From: Beendare
15-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo

From: shade mt
16-Apr-24
I'd hate to be the guy that inherits this mess. We need a president that is willing to get in there and kick stuff around, and put a boot to the nonsense.

He will have to be bold enough....arrogant enough....and tough enough to stand the pressure from the pretty boys in 3 piece suits filling their pockets.

We need fuel prices to go back down at the pumps, food prices to go down, heck everything needs to come down!!

you might not like him...fine....turn your TV off and don't listen..... then just appreciate the lower prices.

16-Apr-24
Former Secretary of defense, Robert Gates said. He has been wrong on nearly every major issue.”

Israel can be thankful that Republicans did not listen to Senator Biden when he was completely opposed to any missile defense system and Star Wars

16-Apr-24

Altitude Sickness 's Link

From: scentman
16-Apr-24
I don't see any problem, my cola gets increased every year Biden is in office... when ya get lemons make lemonade. scentman

From: Grey Ghost
16-Apr-24
"We need fuel prices to go back down at the pumps, food prices to go down, heck everything needs to come down!!"

And exactly how do you think a POTUS is going to do that?

From: KSflatlander
16-Apr-24
It almost sounds like shade mt is advocating for the government to step into the free market and set prices on his behalf. Maybe he's a socialist because he's certainly advocating for it...along with a few others with BDS.

From: Grey Ghost
16-Apr-24
I've said it before, the only thing that will bring prices down across the board is an extended recession. Of course, if that happens on a red team's POTUS watch, it will be everyone's fault except the POTUS. I can already hear the "it's not his fault, he inherited this sh!tty economy" excuses.

From: bluedog
16-Apr-24
" heck everything needs to come down!!"

Might be possible..... DJT stock has certainly come down nicely since Trump started pumping it. Why not other things also if he can run things again?

From: bigeasygator
16-Apr-24
lol @ bluedog

From: 12yards
16-Apr-24
I keep asking this question and I'm a conservative. What will republicans do to lower inflation?

From: KSflatlander
16-Apr-24
DP

From: csalem
16-Apr-24
12 yards. You need to ask any of the Bowsite Czars. They may be able to explain it to you

One of my favorites:

When something goes wrong at the circus, the circus brings out the clowns to distract the audience. Well, something has gone terribly wrong with this circus and the clowns are everywhere !!

Including the BS Clowns

From: bigeasygator
16-Apr-24
Go ahead, csalem. Why don't you answer 12yard's question?

From: bluedog
16-Apr-24
Only a movie...... don't mean nothin

From: bluedog
16-Apr-24
gator..."never fight uphill me boy, never fight uphill."

From: bigeasygator
16-Apr-24
You'd think I'd have learned by now, bluedog lol

From: bluedog
16-Apr-24
gator... actually a very stupid thing to say. Just quoting a famous historian..

In real battle the high ground has value. If the other team has it.. fighting uphill is only way to take it...

From: csalem
16-Apr-24
BEG. I don’t have the answer so I can’t You are the Bowsite everything Czar. I’m counting on you, or one of the other Bowsite Czars. You stepped up, you make a run at it!

From: Beendare
16-Apr-24
Good link Altitude, one only has to have a modicum of common sense to see Biden’s Democrat policy has been wrong on everything….including his releasing billions to Iran and the Houthi’s or his SPR move. My god, everything he does is a disaster.

War has changed with electronics, drones and missiles- its become a drone war. Ukraine abandoned many of the US drones due to being ineffective in combat. The Chinese are way ahead of us on drone technology AND low cost production. We need to get with the program.

Who gets a warm and fuzzy with wrong way Biden in there watching our backs?

From: 12yards
16-Apr-24
The reason I ask is that the usual reason conservatives give for inflation is Biden spending too much money. Or too much money given to people and creating too much demand for limited product. If that is true, isn't Tump and his policies just as inflationary? Cutting taxes. Doesn't that put more money in people's pockets and isn't that inflationary? Trump also gave a bunch of money out during Covid. So both Biden and Trump are responsible for what we have now. I would like to know what us republicans will do to tame inflation.

From: bigeasygator
16-Apr-24
Didn't think you could, csalem.

12yards, they largely don't have an answer to the problem. As GG pointed out, the rub is that generally speaking (there are exceptions, which I'll touch on), deflation is a sign of a weakening economy. So to really lower prices, you have to crater the economy.

Now it is possible to see price decreases from supply side shocks (productivity gains, reduction in input costs, etc); but (1) these generally are isolated to specific industries or sectors and generally happen slowly over time and (2) much of the core Republican platform like closing the border and raising tariffs are antithetical to reducing input costs. There are minor things that can be done, but they won't move the needle substantially (I don't put much faith in either party to cut gov't spending).

So in short, there's a reason you haven't seen a good answer from the Republican party - because they don't have one. And had Trump won the last election, it's highly likely we'd be exactly where we are right now with respect to prices and inflation.

From: bigeasygator
16-Apr-24
If that is true, isn't Tump and his policies just as inflationary? Cutting taxes. Doesn't that put more money in people's pockets and isn't that inflationary?

Spot on, 12yards. From a fiscal standpoint, the federal government would need to reduce spending (don't count on it) and increase taxes if they want to counteract inflation. No guarantee that this actually would bring prices down, but it is certainly anti-inflationary. That is certainly not what we got with Trump. Like I said, couple that with closed borders (inflationary) and more tariffs (also inflationary) and it doesn't really paint a rosy picture for things being any different.

From: Grey Ghost
16-Apr-24
Good post, 12 yards. Keep asking the question, but don't expect any specific answers. It's a common theme in politics to blame and complain , but never offer any solutions.

From: RK
16-Apr-24
12yards. Neither party has the high ground on much of anything. Never really have. Maybe the freak show -dems probably win on that one, at least openly.

From: 12yards
16-Apr-24
RK, I agree. And the freak show is why I primarily vote conservative. And BEG, that is what I thought. The republican party has no answer to inflation, but will certainly use it to try to get elected.

From: bluedog
16-Apr-24
Common ground ... one issue swings my vote also. That'd be environmental issues. Libs suck but are far ahead of most conservatives regarding environment.

From: RK
16-Apr-24
12 yards Of course they will use it to get elected and the Dems will try to convince you that inflation is number one not as bad as the numbers say it is or better yet what your wallet says when you buy groceries and gasoline, and two Trump is the only true evil facing this country. And both sides will be convincing on their convictions.

So I would suggest to you like I do all my friends, vote Libertarian and then it's not your fault for anything that comes from the election The ultimate fence walkers, with no blame attributed to them in any way.

From: Beendare
16-Apr-24

Beendare's Link
Who knew the dirty Dems would do this?

Mayorkis is distributing Pamphlets through one of the NGO's to illegal immigrants coming through Mexico essentially telling them that once they come through, they need to find a way to vote for Biden to keep the border open for another four years.

link has a photo of the pamphlet and investigation by the Heritage foundation ....but of course the politically corrupt FBI and DOJ will never investigate this so the Dem voter base will claim conspiracy and remain in 3 blind mice territory.

From: KSflatlander
16-Apr-24
Beendare- Who is the author in your link and what do you know about him?

From: 12yards
16-Apr-24
bluedog, the libs have gone beyond conservation of the environment to protectionism. There's a big difference.

RK, it doesn't honestly matter if I vote libertarian or republican in my state. We are hopelessly on the leftist course here in MN.

From: bluedog
16-Apr-24
12yard.... you getting the nice rain I am? I'm just south of Mille Lacs

From: Grey Ghost
16-Apr-24
Only 5% of US petroleum imports comes from Saudi Arabia, and only 16% from the whole OPEC cartel. The US is the world's largest producer of crude oil and a net exporter of petroleum products. The OPEC cartel doesn't have the influence it once had on the US. The Crown Prince can pound sand. The US will be fine.

From: Mint
16-Apr-24
Once inflation is elevated the hard part is getting it to come down because there will be pain. 1.The Fed is doing their part by raising interest rates. 2.Congress should claw back any unspent covid money especially the money that went to the schools for a specific purpose, same with the states. Claw all of that back. 3.Stop funding NGO's that enable illegal immigration. 4.Raise IRA limits and allow roths for all income levels. Most people are underfunded in their retirement and if you don't have a pension plan or 401K plan to contribute to it sucks. A lot of small business employees only option is an IRA and its only $6,500 a year while you can contribute 4 times as much to a 401K. Also expand roths to all levels. 5. Biden needs to stop forgiving student loans since that is helping fuel inflation. The last round went to people earning $300K and a lot of graduate degrees. They can pay. 6.Stop all the green new deal spending on technology that doesn't work. Let the market decide. Forget about EV's, nobody wants them now. 7.Cut regulations, there are so many useless costing regulations holding back economic growth.

From: Beendare
16-Apr-24
KS Flat- the link shows multiple posts with video and photo evidence in Mexico-

I get that you are in denial...but this is the political party you are defending.

Here is another example, try to deny this one as its coming from the AG in Ca;

California Attorney General Rob Bonta and SOS Shirley Webber are suing Huntington Beach over new Voter ID measures that the city implemented after voters overwhelmingly supported it.

The new law will make ID mandatory to vote, increase in person voting locations, and monitor drop boxes. The democrats claim this will burden low income voters and voters of color, but also say that they already have robust ID laws in place. --------- Why would the democrat politicians in California sue a city for securing their elections?

From: KSflatlander
16-Apr-24
Beendare- don't you know what you read from whom, and what their credentials are? Do you care? Don't dodge...who was your source article by and what are their credentials?

Ignorance is bliss I guess. This is a prime example of the true derangement syndrome.

From: RK
16-Apr-24
KS.

I have no idea if the story on future illegals getting those particular flyers is true or not. It certainly would not be the first time. We used to see flyers like those in the personal items that illegals that we either detained on the ranch or that we found deceased on the ranch had with them. I can tell you that the office in Matamoros that is on the flyer is real office located in the business district just across the border from Brownsville Texas. It's located next to the Aduana (customs) office, and the United States Consulate Office, Garcia's restaurant and Farmacia Guadalajara in Matamoros That office helps future illegals with paperwork they might find useful when they cross over into the Estados Unidos

I was planning to go across the border at Nuevo Progresso next Monday but this story has peaked my interest so I think we will go across at Brownsville and I'll go by that office and see what propaganda they are passing out. Lunch at Garcia's will be as good as Ponchos in Progresso.

If they are passing those out I'll get some and bring them back as souvenirs for those that want them. We will see

From: KSflatlander
16-Apr-24
RK- please show me where I even mentioned the fliers. Why don't you try again.

Have fun in Mexico. I'll be down there in a few weeks myself.

From: RK
16-Apr-24
Just lunch and pharmacy for me. You are probably going someplace much nicer in Mexico

From: KSflatlander
16-Apr-24
Ah don't sell yourself short RK. I'm sure wherever you will be in Mexico will be great fun. I mean with all those words and no content, topped with a bit of Monday morning quarterback, and sprinkles of ad hominem. Sign me up. Just poking ya.

Headed south for some blue pills eh?

From: bigeasygator
16-Apr-24
ARAMCO basically sets world brent price with OPEC.

Hardly. This ain't the 80s no more, Shawn.

From: Grey Ghost
16-Apr-24
I remember when Shawn predicted crude was going to climb over $200/barrel. And when he said DJT stock would be "good until November"....just to mention a few. Does anyone take what he says seriously?

From: KSflatlander
16-Apr-24
Don't forget about Shawn's yard sign and bumper sticker poll last election. I think he hired Pat to help count this year. Will him to victory...

Oh, oh, don't forget the cyber ninjas

From: bluedog
16-Apr-24
Don't be so quick to dismiss DJT stock GG. A devout MAGA guy I know says this is just a test of faith for Trump followers. He says it's actually a great chance to buy even more at bargain basement sale price. A once in a lifetime opportunity he said.

I dunno... not a expert at stock market stuff... can't say if he's right or not. It'd just be opinion

From: RK
16-Apr-24
KS When you put it like that it will be a great time. No blue pills but I bet they have them. Tramodol, Alprazolam and then sedation and reversal drugs for various critters

GG. If you use my method and take nobody seriously on the , you will never have a worry in the world while visiting here.

From: Grey Ghost
16-Apr-24
Free up some cash and invest in DJT, bluedog. It could be a gold mine. A company that loses $58 million on $4 million in revenues can only go up, after all.

From: bluedog
16-Apr-24
GG .... I can't free up cash. I'm tied up in mostly commodities.... pinto beans, potatoes, corn and stuff.

Thanks anyway

From: Grey Ghost
16-Apr-24
Flatlander, the funniest was when Shawn was the biggest Covid alarmist on the Bowsite. He bragged about making his own disinfecting potions and hoarding N95 masks. He claimed the National Guard was going to be called in to shut down interstate travel. Then, after the fact, he claimed he knew it was all overblown BS all along. The dude is pure entertainment.

From: RK
16-Apr-24
That's correct GG. Pure entertainment...ie bowsite

And it is that in spades

Blue dog. Come on man. Free some cash up!!!

From: bluedog
17-Apr-24
RK. If I manage to free up some cash I'll have to use it to gas up my old truck... Priorities ya know.

17-Apr-24
"Free up some cash and invest in DJT, bluedog. It could be a gold mine. A company that loses $58 million on $4 million in revenues can only go up, after all."

no idea what is going to happen with djt...no intention of investing in it unless one of my growth funds sees it as an opportunity.

having said that...i remember when they used to say the same thing about amazon.

From: Nyati
17-Apr-24
Public sector jobs at the federal, state and local level rose by 194,000 during the first three months of 2024. That accounts for about one-quarter of all jobs created in January, February and March. By comparison, during that same time period in 2019 before the pandemic began, government hiring represented just 11% of all jobs created.

If you want your job numbers up just hire more government employees

From: Kanati
17-Apr-24
I went on a political site the other day and they were talking bowhunting, imagine that.

From: Grey Ghost
17-Apr-24
"having said that...i remember when they used to say the same thing about amazon."

Good point, Ricky. If you invested in Amazon 20 years ago, you'd be up over 8300% today. I see no reason why that couldn't happen to DJT stock. Better get in now, fellas. Could be life changing.

From: bluedog
17-Apr-24
Up +11% today!

From: shade mt
18-Apr-24
When Trump was in office Democrats hated him....orange man they named him...lol

Everything i mean just about everything was cheaper. They could have just turned off their TV and not listened to his mouth, paid no attention to his tweets and enjoyed a good economy.

But noooo......We are gonna fix him ! Vote for Biden and the democrats....Now they pay more for everything.....So when you pull up to the pump, go to the grocery store and pay more for everything.....just remember......you really fixed em huh? I mean your Soooo much better off paying almost 4.00 a gallon for fuel, compared to 2.39....yessir you really fixed em.

From: Catscratch
18-Apr-24
People say the pres doesn't affect the economy but biden certainly "owns" this one... hell he even named it after himself. How arrogant, conceited, pompous, and blusterous does a man have to be to do that, and in the same breath tell people who are struggling in his economy that they aren't because some graph he's referring to says otherwise? The complete lack of compassion demonstrated when a high earner tells a paycheck to paycheck guy that everything is going well is abundant. Not everyone is getting cola that matches or exceeds the combined inflation for the last few years. LOTS of guys are telling their kids that they'll have to skip football/volleyball camp this summer and eat more Raman noodles than normal. That man's point of view is way different than the chart pointer's. Which is fine, but the lack of compassion sucks and is very telling of character.

From: KsRancher
18-Apr-24
Catscratch x2

From: bigeasygator
18-Apr-24
Which is fine, but the lack of compassion sucks and is very telling of character.

Also telling is confusing the ability to look at data and statistics on a massive machine like the broad US economy with a lack of compassion for individuals who may be struggling.

No different than the person who ignores the statistical rarity of events like mass shootings and instead argues “tell that to the people that were murdered” as they try to lobby for more gun control.

We shouldn’t confuse logic and reasoning with a lack of compassion.

From: bluedog
18-Apr-24
"Praise be to Nero's Neptune, the Titanic sails at dawn

Everybody's shouting, "Which side are you on?!"..."

From: Catscratch
18-Apr-24
I never said anything about being able to read the data, reason, or perform logical thoughts as a lack of compassion. I just think telling the guys who are struggling that they shouldn't be struggling because the data says so is uncompassionate. Much like telling someone who was directly affected by a mass shooting that they shouldn't be upset due to the statistical rarity of the event would be in bad taste in my opinion.

From: bigeasygator
18-Apr-24
I just think telling the guys who are struggling that they shouldn't be struggling because the data says so is uncompassionate. Much like telling someone who was directly affected by a mass shooting that they shouldn't be upset due to the statistical rarity of the event would be in bad taste in my opinion.

I’ve read a lot of posts on here, and obviously made a few. I haven’t seen one person suggest that.

From: Nyati
18-Apr-24
I don’t think there is any lack of compassion for people that lose a loved one whether thru gun violence, automobile accident, or any other tragedy from the vast majority of people. Progressive prosecutors and judges are releasing violent offenders like a merry go round. In and out of jail like a revolving door. I can still have compassion while carrying a 45 ACP in my pocket to protect myself and family from an immediate threat.

The real lack of compassion is from prosecutors and judges that continuously release violent offenders and mentally unstable people to go assault or kill other people. It’s happening over and over again. That’s lack of compassion for the average citizen that ends up being another victim in an entirely predictable pattern of violence.

Adding another gun law when all the other laws are being ignored is not going to change a thing except throw up another barrier to legal lawful gun owners.

From: Beendare
18-Apr-24

Beendare's Link
Bidenomics and Democrat policy.

Link is to Twitter and a thread of videos from Oakland, Ca- Democrat run for decades. Take a look and see what you get with decades of Democrat policy. Its disgusting.

This is the city that lost the Warriors and Raiders…and soon to lose the A’s. Kaiser hospital advises their employees not to leave the building for lunch. Many businesses closing inc Home Depot and the very successful In and Out Burger- not safe. Oakland defunded police…just like they did recently in Colorado- these Democrat idiots never learn from their mistakes.

What do you believe. Biden the serial liar that makes stuff up about his relative almost being eaten by cannibals (every part of that story a lie) …or video evidence of their policy like here in Oakland?

What can one say about the IQ of you folks that keep defending Democrat policy?

From: bluedog
18-Apr-24
"Who has a handle letting everyone know your Dem?"

"bluedog" is obvious..... every old timer here knows it

From: DanaC
18-Apr-24
"The real lack of compassion is from prosecutors and judges that continuously release violent offenders and mentally unstable people to go assault or kill other people."

Sadly, these people lack the resources to fully prosecute, and with jails already overcrowded, it's getting harder to incarcerate people who need to be locked up. So a lot of cases get plea-bargained down to a minimum. State charges are pressed but federal gun law charges are not. Piss poor allocation of our tax dollars imo.

From: Grey Ghost
18-Apr-24

Grey Ghost's Link
"Oakland defunded police…just like they did recently in Colorado- these Democrat idiots never learn from their mistakes."

More misinformation from Bruce. Colorado didn't defund the police. Denver recently reallocated $8 million from the police budget, but that was after spending a record $611 million on the police department in 2023, which was $43 million more than 2022 and $130 million more than 2021.

From: Nyati
18-Apr-24
The answer is to build more prisons and state psychiatric hospitals.

Years ago the powers at be decided to phase out long term institutions for violent psychiatric patients because they felt it was cruel and not humane.

What is cruel and not humane is to turn these people loose out on the streets to become homeless , drug addicted, and a threat to the public at large.

Use the billions and billions that are thrown at the homeless with no real tangible results to build facilities to keep the violent and drug addicted people in. People can be declared legally incapable if they are a threat to themselves or others. Build more prisons. Most people would gladly see their tax dollars go for something like that that would help keep them safe rather than be spent in some nebulous way to “help the homeless “ that has only appeared to make things worse. I think it was California that spent something like 20 Billion dollars in last few years on the homeless but can’t seem to produce any records of where the money actually went.

From: Catscratch
18-Apr-24
big, my little rant you quoted from was geared towards biden. I even lead with biden by name in the opening sentence. It seems you thought I was singling you out so I apologize, it wasn't intended towards you. I stand by my sentiment that biden does not care for the people of this country. I've seen nothing that suggests compassion from him and I truly don't think he understands anyone is living a life different than his own reality.

From: Stoneman
18-Apr-24

Stoneman's Link
Probably should have put this on the funnies thread… not that this discussion isn’t a joke in itself.

From: Beendare
18-Apr-24

Beendare's Link
GG, making more excuses for Dem policy...Its a fact the Governor took $8m from police and fire and is using it to support illegals and homeless.

You continue to dance around it...and ignore the big picture. How about 7+ million illegals GG?

How many times have we heard from Democrats that there was no funny business in the elections...and that Illegals cannot vote? Thats a bald faced lie...

Paragraph- below- from the AZ Sec of State website [at link] ALLOWING ILLEGALS TO VOTE IN FEDERAL ELECTIONS. No proof of citizenship Required. ____

An eligible registrant who does not submit DPOC and whose U.S. citizenship cannot be verified via AZMVD records or other record in the statewide voter registration database is registered as a "federal-only" voter. A "federal-only" voter is eligible to vote solely in races for federal office in Arizona (including the Presidential Preference Election (PPE) ) . ______

Thats straight from the Az sec of state....dance around that GG.

From: Grey Ghost
18-Apr-24
Bruce, I didn't dance around anything. I just pointed out that it's disingenuous for you to claim Colorado defunded the police, when it was just one city that reallocated a small amount after spending a record amount last year. Your failure to acknowledge your mistake is telling.

Dance around that, Bruce.

From: 70lbDraw
18-Apr-24
“I just pointed out that it's disingenuous for you to claim Colorado defunded the police, when it was just one city that reallocated a small amount after spending a record amount last year.”

So, you’re saying, where it came from, and where it went, are of no concern to the American people?

Defund…reallocate…? The terminology used to describe it doesn’t make it any easier on the the ones that are losing it.

From: Grey Ghost
18-Apr-24
"Thats straight from the Az sec of state....dance around that GG."

I don't need to dance around that one, either, Bruce. The Supreme Court ruled in 2013 that it was unconstitutional for Arizona, or any state, to require documentary proof of citizenship in Federal elections, beyond just checking the citizenship box on the ballot. Had you done more research than just hunting for biased headlines, you would have been aware of that too.

From: Grey Ghost
18-Apr-24
"So, you’re saying, where it came from, and where it went, are of no concern to the American people?"

Nope. I never said nor implied that. What I stated were just facts. Denver pulled $8 million out of the police budget this year, after exploding the budget to $611 million last year. But, of course, you won't read that second part in any biased far-right wing news reports.

And, yes, the $8 million they pulled is now part of a $45 million budget to deal with the influx of migrants to Denver. I don't like it and I don't support it, I just get to help pay for it, sadly.

From: Beendare
18-Apr-24
GG, Your beloved Democrat politicians Created the problem of 7 million plus Illegal immigrants- Hardened criminals, Cartel members, Human Traffickers, and freebie seekers.

Now your politicos solution is to take money away from other programs that benefit the working citizens- to give freebies to Homeless and Illegals. Thats the big picture- no matter which way you slice it.

From: RK
18-Apr-24
JQM

you jump around to much without doing your due diligence Bluedog is a warrior, like you. Different times different war but a bad ass nevertheless.

From: bluedog
18-Apr-24
RK..... Always entertaining here isn't it? LOL

From: Grey Ghost
18-Apr-24
"GG, Your beloved Democrat politicians....blah, blah, blah"

If you think I love our Dem politicos, you have worse reading comprehension skills than I thought. I didn't vote for any of them. But keep trying label anyone who calls your BS out a liberal. It's telling.

From: Beendare
18-Apr-24
Even RFK knows Bidenomics is a disaster- this regarding the new climate legislation that will cost us Billions of dollars as US consumers;

From the RFK for president website; “At every opportunity, the Biden administration abuses its rulemaking power to force a radical climate agenda down Americans’ throats. The Senate should move quickly to correct the SEC’s misguided regulation, which will cost companies billions of dollars to comply with and will force investors to prioritize politics in their decision making,” said Kennedy.

In March, the SEC finalized its rule titled, The Enhancement and Standardization of Climate-Related Disclosures for Investors. If Congress does not block it, the rule will soon require more than 7,000 American companies to make climate disclosures. The move will cost companies across the U.S. economy billions of dollars in compliance efforts.

“The SEC’s final climate disclosure rule threatens economic opportunity across the country, and it must be overturned. Over and over again, SEC Chair Gensler has disregarded the real-world impacts of his aggressive regulatory agenda in his dogged pursuit of left-wing political priorities. This rule is no exception. The SEC’s mission is to regulate our capital markets and ensure all Americans can safely share in their economic success—not to force a partisan climate agenda on American businesses. This rule is federal overreach at its worst, and the SEC should stay in its lane,” said Scott.

Background:

Under Chairman Gary Gensler, the SEC is implementing an aggressive regulatory agenda and has proposed MORE THAN 60 RULES that are on track to be finalized.

In Sept. 2022, Kennedy questioned Gensler about the cost of compliance of the SEC’s climate disclosure rule in the Senate Banking Committee. Gensler admitted that the rule would cost BILLIONS OF DOLLARS across the economy to implement. ________

All passed on to us, the consumers in the form of higher costs....

Oh but the Dem excuse makers claim the president can't cause inflation- Ha, just one more thing the Dems did to make it worse.

From: Nyati
18-Apr-24

Nyati 's embedded Photo
Nyati 's embedded Photo
Bidenomics just keep giving and giving

From: RK
18-Apr-24
Bluedog. Yep. I'll eventually turn it loose. Not now

Not going to tolerate much nonsense by supposed patriots.

From: bluedog
18-Apr-24
Understand RK... sometimes harder than I expected for me .... tolerating isn't natural for me it seems. Trying though

From: Grey Ghost
18-Apr-24
RK, bluedog is man worthy of respect, IMO. The once again banned rump ranger, not at all.

From: bluedog
18-Apr-24
this is when we sing kum by yah I think.. ;)

From: DanaC
18-Apr-24
"From the JFK for president website"

Ummm, assuming you're not referring to the Senator from Georgia, *J*FK has been dead since 1963.

Typical example of how accurate your bullshit is, Beenduped. Maybe you could sober up before you post again?

From: RK
18-Apr-24
Gg. All those that served are worthy I don't give a crap about how many times someone has been banned from the Bowsite, Really

I do give a damn about those that served and paid the price

Maybe someday you and I can get together and reminisce about our days serving in a war zone.

Yep that won't happen

From: Grey Ghost
18-Apr-24
RK, agreed. All I know is I’d rather have bluedog watching my back in a bunker than the rump ranger. Your mileage may vary.

From: RK
18-Apr-24
I'm good with either. They are both badasses. Different places different times.

You have to many emotions based on what you perceive.

Both are bad ass warriors.

From: bluedog
18-Apr-24
I wouldn't pick either one given the choice.. I'd take a young but seasoned troop every time. Old dogs lost too many steps. Having heart ain't enough.

Just fantasy stuff here. never happen ;)

From: Grey Ghost
18-Apr-24
But both aren’t badass human beings, IMO. Fully respect your right to disagree, RK.

From: Beendare
21-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo
Dem policy brought to us by the likes of BEG and GG Democrat policy.

Millions spent on gender reassignment in our US Military using our tax dollars. Creating democrat voters $1 million per.

From: Matt
22-Apr-24

Matt's Link
Aren't people who are elected to govern cities called Mayors?

"The sanctuary city's progressive Mayor Mike Johnston unveiled a budget proposal on Wednesday, allocating $89.9m to assist undocumented migrants"

Facts on the Bowsite are going the way of genders in college sports, so fluid....

22-Apr-24

Ricky The Cabel Guy's embedded Photo
Ricky The Cabel Guy's embedded Photo
nyati...

make no mistake...im no fan of most of what this administration has done but isnt "further pressure on the housing market" what is needed right now?

ridiculously low mortgage rates or reasonable housing prices...pick one. you cant have both...at least not for long.

From: Nyati
22-Apr-24
Ricky, further pressure is probably needed to bring down or at least stabilize housing prices. It’s just ironic that that Biden ran on policies to help the middle class but his actual policies have hurt the middle class the most. To the point they can’t even afford a home. What I really don’t understand is a lot of the same people that he has financially hurt the most will vote for him again because he has a D at the end of his name and he isn’t Trump .

From: CaptMike
22-Apr-24
"What I really don’t understand is a lot of the same people that he has financially hurt the most will vote for him again because he has a D at the end of his name and he isn’t Trump." One of the great wonders of the world. It flies in the face of common sense but then again, their-in lies the answer.

23-Apr-24
" It’s just ironic that that Biden ran on policies to help the middle class but his actual policies have hurt the middle class the most. To the point they can’t even afford a home. What I really don’t understand is a lot of the same people that he has financially hurt the most will vote for him again because he has a D at the end of his name and he isn’t Trump ."

ironic yes...unexpected...not really.

its like the political equivalent of stockholm syndrome.

From: Catscratch
23-Apr-24
I don't remember him running on policies that would help the middle class. I remember him SAYING he would help the middle class, but nothing in his past pointed towards him actually doing it or being honest about what he campaigned on. Wait, I take that back. He did campaign that he would undo every thing he could about Trump, screw over a deal with Canada by shutting down the Keystone Pipeline, attack the 2nd amendment, instate a plan that would fix the covid pandemic, and encourage immigration. It seems maybe you can believe some of what he promises.

From: bigeasygator
23-Apr-24
Just checking, y'all are saying if Trump was President we wouldn’t have high inflation and the Fed wouldn’t be raising interest rates?

Someone wanna tell me how?

From: spike78
23-Apr-24
One huge cause of inflation was all the free checks during Covid 900 billion by Trump and 1.9 Trillion from Biden. Now don’t forget the inflation reduction act that handed out more money.

From: Grey Ghost
23-Apr-24
Spike, Trump's covid recovery bill was $2.2 trillion, not $900 billion.

From: bigeasygator
23-Apr-24
"Huge cause"? Based on what? The Fed did a deep dive into the excess inflation caused by stimulus and estimated that it contributed 2.5% to inflation. That is not yearly, that is a total increase of 2.5% to prices. In short, ~10% of the inflation we've seen over the last 4 years can be attributed to stimulus. Certainly wouldn't call that huge. Seeing as half of that came from Trump, we can blame "Biden policies" for 5% of all price increases. Again, I have a different definition of "huge."

Regarding the Inflation Reduction Act, while it certainly isn't going to do what it's name claims, I haven't seen any data suggesting it has contributed in any meaningful way to prices. Feel free to post up actual data.

But you also didn't answer the question, what would Trump have done to lower inflation and keep interest rates low, spike? Curious as well, what Biden policies do you credit for lowering inflation from 9% to 3%? Seeing as his policies apparently led to high mortgage rates, stands to reason by y'alls logic his policies must be responsible for lowering inflation too then, no?

From: spike78
23-Apr-24
So let me get this straight money is printed out of thin air and millions are handed free money and you don’t think it causes meaningful inflation? Also how do you study the effects? How is that even possible to know.

From: bigeasygator
23-Apr-24
"Also how do you study the effects? How is that even possible to know."

Lots of ways to estimate it, but in short it's largely based off of history matching economic models and then running forecasts assuming different inputs to measure the impact and sensitivity of those variables.

From: Nyati
23-Apr-24
Yeah, like everyone that is paying 20-30% more for everything has the time and knowledge to go home and run economic models using different inputs and come up with forecasts to check impact and sensitivity of those variables and predictions to see why they are paying more.

Really ???

What they know is they’re paying more and getting less and that is the bottom line of what they care about it .

Which is why only about 26% rate the economy as good or excellent, 23% fair, and 51% poor according to recent NYT poll . Biden owns it as President. He even proudly proclaimed it Bidenomics.

From: bigeasygator
23-Apr-24
"Yeah, like everyone that is paying 20-30% more for everything has the time and knowledge to go home and run economic models"

You completely missed the point. Spike asked how any one could possibly estimate the impact of shocks - such as stimulus - on inflation. I said people do this all the time with economic models. I'm talking about people who do this for a living, not your average joe. With that said, it would behoove people to understand the work people are doing to estimate these types of things - they'd realize their statements like "stimulus has had a huge impact on inflation" are complete BS if they did.

But tell me, Nyati. Since you posted about Biden's policies and mortgage rates. What would Trump have done to prevent the Fed from having to raise rates?

From: spike78
23-Apr-24
Inflation reduction act reminds me of the Affordable healthcare act both a lying sham.

From: Basil
23-Apr-24
Bought a 50# bag of grass seed yesterday. Two years ago was $79 now $189. Ridiculous

From: Beendare
23-Apr-24
Its not Dem policy exacerbating the problems eh? Take a look at all of the major cities collapsing like a house of cards; Chicago, NYC and many more. Thats Dem policy driven.

Econ commentary from Bloomberg; Commenting on the data, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said:

“The US economic upturn lost momentum at the start of the second quarter, with the flash PMI survey respondents reporting below-trend business activity growth in April. Further pace may be lost in the coming months, as April saw inflows of new business fall for the first time in six months and firms’ future output expectations slipped to a five-month low amid heightened concern about the outlook.

“The more challenging business environment prompted companies to cut payroll numbers at a rate not seen since the global financial crisis if the early pandemic lockdown months are excluded. ——— The commodity and wage inflation is getting worse…..it would seem rate cuts are off the table. I’m no econ expert but it looks like a slow grind downward. Hopefully the current admin is not pulling a Lyndon Johnson and trying to start a war to pump the economy.

This country is such a mess…no one person can solve it all.

Dem policy created the crime issue with no cash bail, defund the cops, letting thousands out of prison and no penalty for shoplifting. Not one of you Democrats here have admitted to any of that…..or are willing to admit you are part of the party responsible for massive illegal immigration and the crime, murder and drugs that goes along with it.

No, instead they pick at minutia…semantics….a few cents on gas prices oblivious to the big picture that the Dem party has changed into a cancer just like the big cities they rule.

It will be a Herculean effort to fix the US and put the lid back on the Pandora’s box the DNC has opened. …I can’t even imagine wanting that job.

From: Nyati
23-Apr-24
BEG, I don’t think the last few stimulus bills would have passed if Trump had of won. I think we would have still had some inflation but not to the extent that we did with Dem controlled House, Senate, and WH the first 2 years of Biden presidency. The Fed would have had to raise interest rates to slow inflation down , but again not to the point where it had to and where it’s at now.

From: KSflatlander
23-Apr-24

KSflatlander's Link
"President Donald Trump, in a stunning nighttime tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make changes to the measure, including bigger direct payments to individuals and families."

“I am asking Congress to amend this bill and increase the ridiculously low $600 to $2,000, or $4,000 for a couple,” Trump said in the video."

That's not how I remember it lol.

From: bigeasygator
23-Apr-24
"The Fed would have had to raise interest rates to slow inflation down , but again not to the point where it had to and where it’s at now."

Where would it be now then?

From: Beendare
23-Apr-24

Beendare's Link
The evidence against the dirty Democrats is coming out;

Newly unsealed documents in Donald Trump's classified documents case reveal that the Biden White House colluded with the National Archives (NARA) and the FBI to concoct a case against the former president. The link has a link to the actual Government documents.....the political corruption is off the chart.

I can't imagine having the entire federal government- including the FBI- conspiring against me. ...then the judge forbidding Trumps defense from trying to discover the corruption.

From: Nyati
23-Apr-24
BEG, IDK where it would be but I’m 100% sure inflation wouldn’t be as high nor interest rates would be as high without the unnecessary trillions more in Federal spending

From: Michael
23-Apr-24
Since I work in Industrial construction. I have always gauged the strength of the economy on the amount of construction work going on. Right now 17.6% of our crane fleet is rented out.

One of our competitors that has a crane fleet built to service wind tower erection has only 3% of there fleet rented out right now. So much for Biden’s green new deal providing jobs.

From: bigeasygator
23-Apr-24
"BEG, IDK where it would be..."

You have no idea the magnitude or the impact of these policies...yet you know it would be "worse." Got it.

Here's a question, have Trump's tariffs added more or less to inflation than Biden's policies? Why aren't pointing them out when discussing prices and interest rates? How about the spending on additional border measures?

From: Nyati
23-Apr-24
BEG, I’m glad u finally got it :^)

Economists believe inflation is the result of an increase in the amount of money relative to the supply of available goods. While high inflation is generally considered harmful, some economists believe that a small amount of inflation can help drive economic growth.

A large influx of money when supplies are low (supply chain crisis) is the likely cause of the rapid rate of inflation that we experienced. That really is basic economics knowledge. Some federal spending was good and needed during pandemic and helped economy. Continuing federal spending overshot the pendulum swing which lead to higher inflation.

From: bigeasygator
23-Apr-24
Right. By 2.5%. Out of the cumulative ~20% inflation we’ve seen since the stimulus started. And that monetarist view on inflation is pretty narrow (and somewhat outdated).

From: Nyati
23-Apr-24
Please provide data that excessive federal spending was responsible for only 2.5% of the 20% inflation. And iif that’s true why was the WH, Yellen, and the rest of them saying initially we were going to have a short transitory period of mild inflation 3 years ago and now we are still dealing with it and increasing again which is going to cause the Fed to hold off on interest rate cuts ?

Outdated ? Appears pretty spot on to me

From: Nyati
23-Apr-24

Nyati 's embedded Photo
Nyati 's embedded Photo

From: bigeasygator
23-Apr-24

bigeasygator's Link
“Please provide data that excessive federal spending was responsible for only 2.5% of the 20% inflation.”

“We find that excess inflation is significantly correlated to each country's own domestic stimulus and to various exposures of foreign stimulus. A back-of-the-envelope calculation suggests that U.S. fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points in the U.S., 2.3 percentage points in Canada, and 0.6 percentage points in the United Kingdom.”

Full report linked above.

“Outdated ? Appears pretty spot on to me”

I said monetarism is outdated. No central bank is using monetarism to set policy. They have instead turned to managing short term interest rates and the supply of money has taken a backseat with respect to monetary policy. So tell me why monetarism is spot on.

“Presidential Inflation rate”?? Should be called “the most meaningless table ever” instead.

From: DanaC
24-Apr-24
"Should be called “the most meaningless table ever” instead. "

It's 'interesting'. By two of four measures (food and rent) Obama was better than Trump. By one measure (energy) Clinton stomps the field. But energy seems to swing far wider than others.

Reminds me yet again of the old saying - “There are three kinds of lies: lies, damned lies, and statistics.”

24-Apr-24
You are arguing over the second leg (spending) of the 3 legged stool.

The first leg was when Biden and has acolytes kept schools and businesses shut down 18 months longer than necessary. Crippling the supply side. (Only an emerging revolt opened the economy) Biden had to be forced by polls.

Gavin Newsome, Gretchen Witmer, the teachers unions. The CDC all own a share in crippling the supply side.

Then they throw cash in everyone’s hands while there isn’t enough product to purchase with that cash. that’s how inflation happens.

so to now to act like politicians had zero impact on inflation is either ignorant, or ignoring the truth.

24-Apr-24
theres actually a whole lot of blame to go around...including every one of us.

From: bigeasygator
24-Apr-24
“By one measure (energy) Clinton stomps the field”

I don’t know that I’d call weak energy prices “stomping the field” either - low inflation could be a sign of weak demand, slow economic growth, etc. The singular cumulative number also leaves out a ton of context. Oil prices under Clinton fell to historic lows, before massively increasing over the latter half of his presidency (none of which had anything to do with Clinton himself). Inflation was low under Trump because of global economic slowdown driven by the pandemic - hardly something to hold up as accomplishment. Again, it’s basically the most meaningless table ever.

From: Nyati
24-Apr-24
BEG, the conclusion says that government spending and fiscal policy likely led to inflation. Did it help economy, yes, that’s why it was done in the first place.

I still maintain that Biden and the democrat house and Senate ended up spending too much in the end. Prolonged lockdowns with businesses and schools by teachers unions prolonged the recovery time longer than it needed to be . Maybe if people had of been allowed to get back to work the supply chain issues wouldn’t have been as bad which led to more inflated prices

From: Grey Ghost
24-Apr-24
"The first leg was when Biden and has acolytes kept schools and businesses shut down 18 months longer than necessary."

Businesses and schools weren't shutdown for 18 months. And most of the shutdown period was under Trump's watch. But that's meaningless because the States were responsible for the vast majority of shutdowns, not the federal government.

From: bigeasygator
24-Apr-24
“BEG, the conclusion says that government spending and fiscal policy likely led to inflation. Did it help economy, yes, that’s why it was done in the first place.”

Nobody is saying stimulus didn’t contribute to inflation. What is important is the magnitude of contribution, and as you rightly point out, it’s about whether on net it was better or worse for the economy. All I see here though are people blaming everything on Biden. It’s an intellectually shallow argument.

“Maybe if people had of been allowed to get back to work the supply chain issues wouldn’t have been as bad which led to more inflated prices.”

It’s easy to look back in hindsight, and I certainly don’t disagree with the notion that the pendulum swung a bit too far. With that said, the supply side issues were on a global scale and I question whether there’s much policy here that could have meaningfully addressed that. Further more, there was much more to the COVID response than federal policy - local and state government, corporate policy, individual free will, etc. To suggest that it all rests on the federal level is fairly narrow minded IMO and underscores the fact that recovery was always going to be slow and complex.

24-Apr-24

Ricky The Cabel Guy's embedded Photo
Ricky The Cabel Guy's embedded Photo
" Inflation was low under Trump because of global economic slowdown driven by the pandemic - hardly something to hold up as accomplishment."

isnt that a little disingenuous? the "global pandemic" wasnt even a thing until the last year of trumps presidency. what happened in the 3 years prior?

From: bigeasygator
24-Apr-24
You’re right Ricky, there was also that period of relatively low economic growth over the Obama and Trump presidencies where GDP growth hovered in the 2% range and there wasn’t much inflationary pressure from the demand side.

From: Nyati
24-Apr-24
On average “blue” states extended lockdowns and school closures longer than “red” states. If it was up to national teacher unions the students would probably still be remote learning despite the solid evidence that kids were left behind from an educational and maturity point of view as well as kids with psychological issues.

Large cities such as NY, LA, Chicago, DC, etc mostly tend to be run by democrats and simply by size and population base have more effect on national economy than a mid size Midwestern town . I would argue that the continued lockdowns in those areas extended the negative economic activity of the country longer than it needed to be.

Florida was ROASTED by the left for lifting bans early and in hindsight was probably the right approach. Again, with the stipulation of hindsight.

From: Grey Ghost
24-Apr-24
Nyati, yes, it can be argued the shutdowns lasted too long in some areas.. But the point is, that wasn't Trump's or Biden's fault. DeSantis got roasted by both sides of the isle for his Covid response. In hindsight, he was one of the few governors who got it right.

From: bigeasygator
24-Apr-24
“Florida was ROASTED by the left for lifting bans early and in hindsight was probably the right approach.”

The reality is a bit more complex than that. Mandates and shutdowns were lifted at the state level. The gap was filled at the local level. Even when the state suspended the local regulations in 2021 it didn’t prevent private businesses from putting restrictions in place. Again, the story is much more nuanced than “Florida ended restrictions earlier.”

From: Nyati
24-Apr-24
BEG, aside from subtle differences here and there , would you agree that Republican led states relaxed Covid mandates quicker than democratic states on average?

From: Nyati
24-Apr-24
BEG, aside from subtle differences here and there , would you agree that Republican led states relaxed Covid mandates quicker than democratic states on average?

24-Apr-24
"You’re right Ricky, there was also that period of relatively low economic growth over the Obama and Trump presidencies where GDP growth hovered in the 2% range and there wasn’t much inflationary pressure from the demand side."

i get that.

i was simply pointing out the fact that your statement about inflation being low under trump "because of global economic slowdown driven by the pandemic..." was more than a little disingenuous.

From: Nyati
24-Apr-24
BEG, report from Bloomberg , which can hardly be considered a right wing news source regarding latest polls which show Trump is leading Biden in most of the election deciding swing states.

“Bloomberg reported that more than 3/4 of poll respondents say Biden is responsible for the current performance of the U.S. economy, and almost half said he was "very responsible.”

Regardless of how you feel about it or how I feel about it , it appears that the majority of Americans polled feel Biden is responsible for current economic conditions. We can debate whether polls are accurate or inaccurate but that’s all we have to go on at this time.

From: bigeasygator
24-Apr-24
I think in general, there was a push from Republicans for opening quicker than from Democrats. With that said, there were different mandates - stay at home, facial coverings, gatherings, travel restrictions, mandatory quarantines, closures - that all went into place at different times and to different extents. Looking at the timing of when these various rules went into place and when they were lifted there doesn't seem to be a clear distinction between Red and Blue states, and the timing on the implementation and removal of many of these restrictions seem to be more or less the same (on the order of days and weeks of difference, not months or years).

I also haven't seen anything that suggests that red state recovery unequivocally faired better across all sectors (health safety, jobs, economic growth, etc). I'd postulate the recovery is much more complex and has been driven by factors far beyond the timing of reopening.

From: bigeasygator
24-Apr-24
"Regardless of how you feel about it or how I feel about it , it appears that the majority of Americans polled feel Biden is responsible for current economic conditions"

Not surprising that the majority of Americans blame the economy on the President. I think the majority of Americans likely don't have much of a background in economics to know any better and are likely regurgitating what their favorite politicians and politicos are saying. It doesn't make them right.

24-Apr-24

Altitude Sickness 's Link
So let me get this straight. Now your saying democrats didn’t keep the economy closed, didn’t fire police, nurses, military for refusing to get a shot

Businesses were not being threatened and licenses pulled by democrat governors?

24-Apr-24

Altitude Sickness 's Link

24-Apr-24

Altitude Sickness 's Link
A quick trip down memory lane

24-Apr-24

Altitude Sickness 's Link
Left wing of the democrat party. The largest teachers union

24-Apr-24

Altitude Sickness 's Link
These Facist lockdowns started inflation. And it’s already been forgotten

From: Nyati
24-Apr-24
BEG, a person doesn’t have to have an IQ of 150 and a PhD in economics to see and understand that the economy is not doing well, inflation is high and as of last report still creeping higher , and interest rates and housing costs are high. They see and feel it every day. I think Carville said it best in 92 when he said It’s the economy, stupid. Note: the stupid is not directed at you, it was part of the quote.

24-Apr-24

Altitude Sickness 's Link
Whitmer would have you arrested for being alone on a lake during Covid. All the while her husband tried to bully his boat storage owner to put his boat in the water.

From: bigeasygator
24-Apr-24
"BEG, a person doesn’t have to have an IQ of 150 and a PhD in economics to see and understand that the economy is not doing well, inflation is high and as of last report still creeping higher , and interest rates and housing costs are high. They see and feel it every day. I think Carville said it best in 92 when he said It’s the economy, stupid. Note: the stupid is not directed at you, it was part of the quote."

And my point is if your conclusion is the "economy is not doing well" because of a few metrics - metrics that tell a mixed story - then you are not very economically savvy. The labor market remains strong, GDP growth is still strong, inflation has been trending positively over the last two years, the stock market is strong, earnings are strong, real wages are growing, consumer spending remains strong, consumer sentiment is improving, etc etc etc. I can go on and on. And even on the inflation front, again, if inflation is being driven by demand this is a sign of a healthy economy.

Yes, the last few percentages of inflation have been stickier. Yes, people obviously are going to feel the cumulative impact of inflation, particularly as wage inflation - while catching up - have lagged prices. But to say the economy is not doing well is a gross misrepresentation.

So no, maybe a person doesn't need an IQ of 150, but if these are the kind of conclusions being drawn, they aren't very economically literate.

From: Grey Ghost
24-Apr-24
Altitude, you keep moving the goal posts. I responded to your misinformation about businesses and schools being shutdown for 18 months, and you blaming it on Biden. Shutdowns started in March 2020, and they began reopening in August 2020. Some lingered on longer, but that was mostly due to State, local, and private decisions, not Federal. When Biden took office in January 2021, most schools and businesses were reopened.

From: Nyati
24-Apr-24
BEG, u remind me of the WH and Mayorkas saying the border is secure and there is no crisis at the border while we watch with our own eyes absolute chaos at the border with well over 7 million illegal aliens pouring over and unknown numbers not caught. Most reasonable logical people believe their own eyes rather than someone else’s words.

From: bigeasygator
24-Apr-24
"Most reasonable logical people believe their own eyes rather than someone else’s words"

And logical, reasonable people would understand that inflation and prices aren't the end-all, be-all when it comes to the health of the economy. And perhaps they shouldn't rely on their own eyes if they can't appropriately put the information in context. It would behoove them to listen to others more qualified to speak on the subject.

From: KsRancher
24-Apr-24
BEG. A qualified person? Example, like Dr Fauci. Who I will 100% agree is smarter than me on his line of work. But do you remember him saying "mask up" all the while previously saying "it does no good". Or "covid didn't come from a lab, it naturally occurred". And "no gain of function research was going on".

That's words straight from the mouth of a person that is "more qualified" to do that job than about anyone. And we got told lies straight to our face.

From: spike78
24-Apr-24
I’m still waiting on his punishment for perjury.

From: csalem
24-Apr-24
Spike78 I don’t think they can put BEG in jail for perjury……oh wait, you were talking about Fauci, sorry. Me too!

From: bigeasygator
24-Apr-24
"BEG. A qualified person? Example, like Dr Fauci"

I'm talking about people assessing the health of the economy, not our national response to COVID. I see far more individuals and institutions saying our economy is healthy and on the right track than the alternative.

For example:

Goldman Sachs: "The US economy defied recession fears in 2023 and made substantial progress toward a soft landing. The key surprise has been much stronger than expected GDP growth, though this has not prevented the labor market from continuing to rebalance or inflation from continuing to fall." - "2024 US Economic Outlook: Final Descent" https://www.goldmansachs.com/intelligence/pages/gs-research/2024-us-economic-outlook-final-descent/report.pdf

"Goldman Sachs is upbeat about the economy this year. Its economists see healthy growth of 2.3%, unemployment staying below 4%, and the probability of recession at just 15%—all more optimistic than the consensus. And they see inflation, excluding food and energy, continuing to fall, to a little over 2% (using the Federal Reserve’s preferred measure) by year-end." "Goldman Sachs’s Chief Economist Has Nailed Big Calls. Here’s His Next One." https://www.wsj.com/economy/goldman-sachss-chief-economist-has-nailed-big-calls-heres-his-next-one-84122b35

Deloitte: "The US economy continues to surprise to the upside. Despite persistent fears around high interest rates, high inflation, slowing growth, and unsustainable consumer spending, the economy continues to deliver month after month. It is looking increasingly as though policymakers have managed to create the conditions for the mythical “soft landing,” where inflation is brought down to target without causing a recession.

Deloitte’s baseline forecast remains optimistic, and we expect the US economy to continue to perform well in the short term thanks to strength in the job market, consumer spending, and exports. For the first time since the pandemic, we have also included a scenario that is more optimistic than our baseline, as we see room for positive structural changes in labor markets and productivity." "US Economic Forecast" https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html

Just yesterday Jamie Dimon marveled at the strength of the US economy in his speech to the Economic Club of New York. "JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. "Even if we go into recession, the consumer's still in good shape."

Still, he warned about the potential economic effects of the rising national debt, inflation and geopolitical conflicts." "JPMorgan CEO Dimon says US economy is booming" https://www.reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/

From: bluedog
24-Apr-24
Monday morning quarterbacking is infallible, hindsight perfect every time. Too easy.

My view is we have the best economy in the world without question and we're lucky. And the price increase of everything is a bitch for sure. Forced a lot of people to decide between wants and needs.... reset and take a more frugal approach.

That itself can end up a plus in quality of life

From: Nyati
24-Apr-24
BEG, u can pick quotes anywhere but the bottom line is the average person isn’t seeing it and they feel it financially each and every day. The average person doesn’t care what Goldman Sachs is saying when at the end of the week they are having to put groceries back on the shelf when they don’t have the money to pay for it.

From: bigeasygator
24-Apr-24
"BEG, u can pick quotes anywhere but the bottom line is the average person isn’t seeing it"

That's pretty much my point. They choose to see what they want to see which is nowhere near a complete picture of the economy.

"The average person doesn’t care what Goldman Sachs is saying"

They should as it would provide context that seems to be lacking for most people.

From: Nyati
24-Apr-24
BEG, so because they aren’t seeing all the great work Biden is doing for Americans are they just ignorant bible thumping , gun toting , deplorables ?

24-Apr-24
Fortunately for many of us it was not hindsight. we were screaming from the rooftops about schools were being closed. When very early It was obvious that young people were not affected by Covid.

We also decried the heavy handedness of closing all businesses, churches couldn’t be open, but pot stores could be.

maybe it is hind sight for you but for most of us it was very clear. What the consequences were going be.

24-Apr-24
Here’s another Ray Charles moment that I can see coming more inflation from the billions were sending overseas and student loan debt forgiveness

From: bigeasygator
24-Apr-24
"BEG, so because they aren’t seeing all the great work Biden is doing for Americans are they just ignorant bible thumping , gun toting , deplorables ?"

I never said any of that. What I specifically said was if you think inflation and prices are the end-all, be-all with respect to the health of the economy, you don't understand economics very well.

From: spike78
24-Apr-24
Well boys Central Banks will soon be rolling out the digital currency and the BRICS nations will be as well. Get ready to own nothing and be happy. Once the AI is in full force we will be having a universal pay system. This is not a conspiracy theory but just a Google search away. Get ready to have tracked spending and their ability to stop a purchase.

From: spike78
24-Apr-24

From: sundowner
24-Apr-24
Yesterday at a Florida abortion rally, biden blessed himself with the traditional Catholic heart-cross.

I don't blame him.

From: scentman
24-Apr-24
Take a kid hunting or fishing today. scentman

From: sundowner
24-Apr-24
Yesterday at a Florida abortion rally, biden blessed himself with the traditional Catholic heart-cross.

I don't blame him.

From: bad karma
24-Apr-24
"I never said any of that. What I specifically said was if you think inflation and prices are the end-all, be-all with respect to the health of the economy, you don't understand economics very well."

God forbid that people notice that it's costing them $11k/year more to stay even with 2020, and that they can't afford a home at 7.25% money. The ingrates!

From: bluedog
24-Apr-24
BK....LOL Big Easy makes sense on overall macro level. I accept his analysis.

Understanding it doesn't mean a thing to the average guy's plight however. Like being in a firefight , understanding the overall picture doesn't mean a thing. Not if you're taking fire.

From: Nyati
24-Apr-24
BEG, I know you didn’t say that, but it was a compilation of what the leaders of the party that u are defending did. And that attitude is what very well may have lead to Trump beating Hillary.

You may say that prices and inflation are only part of the equation of the economy and I may not even try to make a hard argument with you against that. But what I’m saying is that for a lot of middle class workers, teachers, carpenters, secretaries, firefighters, etc.,etc., etc., it’s the only part they are worried about because they’re barely living paycheck to paycheck. They’re not concerned that the stock market is doing well, that tech companies are doing great, and all the other parts of the economy that you’re talking about. They’re worried and concerned about making their mortgage payment, buying gas to get to work, putting food on their table for their kids, paying the water bill. When the President is claiming that the economy is doing great but they’re not seeing it or feeling it then that’s a problem for Biden .

The polls are showing that the economy and immigration are the top 2 factors that people are concerned about and Biden polls low on both of those.

He’s had ample opportunity to change his course on both of those issues and hasn’t.

I know u say presidential policies can’t really do much on economy but I’ll disagree and give you one recent example , Biden’s recent pause on LNG . That was a political move to appease climate activists in an election year. That’s just one example of many political policy decisions that has a direct effect on the economy.

From: bigeasygator
24-Apr-24
"Understanding it doesn't mean a thing to the average guy's plight however. Like being in a firefight , understanding the overall picture doesn't mean a thing. Not if you're taking fire."

Totally agree with the sentiment, and I've never once suggested that merely understanding would change anyone's situation.

"but it was a compilation of what the leaders of the party that u are defending did"

I'm not defending anybody. I just think they don't have nearly the power you give them. For better or worse, on both sides of the aisle.

"The polls are showing that the economy and immigration are the top 2 factors that people are concerned about and Biden polls low on both of those."

Not gonna argue that re: the polls. I just wanna know what Trump would have done differently to change the current situation on the economy (or more specifically inflation as that seems to be the only variable that matters), seeing as his tax, trade, and immigration policies are all inflationary.

"I know u say presidential policies can’t really do much on economy but I’ll disagree and give you one recent example , Biden’s recent pause on LNG . That was a political move to appease climate activists in an election year. That’s just one example of many political policy decisions that has a direct effect on the economy."

Direct effect on the economy?? Lol I have a very different definition of direct effect. Do you even realize what was actually paused? Tell me where the direct effect is showing up? Jobs? LNG prices? LNG supply? My opinion is it's an all bark and no bite executive piece of garbage that has had no material impact on LNG supply or demand - now nor will it do anything in the future when it is undoubtedly going to get rescinded.

From: bluedog
24-Apr-24
I agree with that BEG.. Presidential control over the economy is minimal IMO

From: shade mt
24-Apr-24
About time we simply realize THINGS ARE NOT ALL THAT GREAT FOR EVERYONE! So ya got a pension, maybe some stocks, property ,yer doing just fine, yea i could see you being easily buffaloed by Biden, after all you got your home, you drive a piddly 10 miles here or there.....life's just peachy...well lad de freakin da....good for ya, what about other people?

As a self employed contractor i can just simply keep raising my prices....What about people that can't?

Let me clue you in and show you the real world......Not the Biden dream world...heck that boy probably has somebody help dress him for petes sake.

Contractors paying HUGE amounts for fuel, building materials etc.... People in rural areas that commute long distances for work.... people that have no health insurance provided...... rising food prices and a growing family on and on and on..

I'm about sick of hearing the whole Inflation and prices isn't the "end all" Good grief tell that to the people struggling to make ends meet.

I walked into a store where i get gas regularly ....shelves were bare, i casually mentioned to the clerk....wow shelves are pretty bare, she simply shook her head and said "its only a matter of time and we will be closing"..

I just heard the statistics stating the percentage of people that if we continue on our current path, will run out of money, living pay check to paycheck and only a couple of crisis away from financial disaster like vehicle repair they cannot pay, and no longer able to get to work.

Also the statistics of people that have no money toward retirement.

And i just heard Biden later today campaigning......"imagine what we could do in another 4 years"

good grief.....yea just imagine.

From: bluedog
24-Apr-24
So what would Trump do to fix things?

From: bigeasygator
24-Apr-24
Let me see if I can take this one, bluedog. We'll see what I've learned.

He wouldn't have given all that stimulus. Nor all that climate spending. And we wouldn't have given our allies money. And don't forget student loans!!

I've gathered that the above would "fix" the economy.

From: Nyati
24-Apr-24
IDK, I’m not an advisor. I just know that the majority of people were doing much better financially during his presidency. And they know it too. But that was the plan all along. And the people know that too.

Maybe if he wasn’t in court on TRUMPED up charges everyday in Democratic strongholds he could be on campaign trail telling Americans what he would do

From: Grey Ghost
24-Apr-24
"So what would Trump do to fix things?"

I've been searching for that answer, as well, bluedog.

From: bluedog
24-Apr-24
GG.... just pitching batting practice. ;)

From: shade mt
24-Apr-24
"what would Trump have done"......is merely speculative, who knows?

But the average guy out there is smart enough to know the difference between 2.39 per gallon gas...0.99 cents for a dozen eggs, etc.. when Trump was in office VS...3.79 per gallon and higher prices for everything now that Biden is in.

You can quote all the statistics you want, rave about the unemployment rate whatever, but the bottom line is this......The average Joe don't care squat about your statistics, because he knows his wallet is a whole lot lighter since Biden took over.

Stand up for Biden all you want, but until he notices he is spending less, your gonna have a hard time selling bidenomics...

From: spike78
24-Apr-24
Just watched a few YouTube videos today showing car dealerships jammed full and can’t sell any cars. I think very soon we are going to see a huge turn for the worse in our economy that can’t be hidden any longer. Our stock market is propped up by a few giant corporations and does not reflect the rest of the company’s earnings. The chickens will be coming home to roost soon and you won’t be able to hide it any longer.

From: bluedog
24-Apr-24
Just watched a few You Tube videos myself... I'm convinced Taylor Swift is the answer

From: bigeasygator
24-Apr-24
“ 2.39 per gallon gas…VS...3.79 per gallon and higher prices for everything now that Biden is in.”

I find this particularly funny. Economics is a game of cause and effect, action and reaction. Nothing is static. With regards to prices, you’ll often hear the solution to high prices is high prices. The same holds true with low prices.

The low oil and gas prices we had during the Trump presidency resulted in lost refining capacity - maybe you don’t realize, but low prices aren’t exactly great for oil companies. Now, you are feeling the effects of that lost capacity in the form of higher prices. But the prices you are seeing now are very much a result of the prices you saw four years ago. Seems to me there are very few people that make these connections…

From: Grey Ghost
24-Apr-24
Only if she marries Travis Kelce, bluedog. LOL!

From: Nyati
24-Apr-24
Or maybe if Trump had been elected the Keystone XL pipeline permit wouldn’t have been canceled.

Maybe Russia wouldn’t have been embolden to invade Ukraine after the Afghanistan withdrawal disaster leading to sell off of huge amounts of strategic petroleum reserves.

Maybe Iran wouldn’t have gained access to billions of dollars to fund terrorist organizations to attack Israel and cause further destabilization of Middle East.

Maybe federal drilling permits would have been allowed rather than paused or cancelled.

Maybe gas prices would be 2:39 a gallon now rather than 3:79

From: bigeasygator
24-Apr-24
“ Or maybe if Trump had been elected the Keystone XL pipeline permit wouldn’t have been canceled.”

And producers just chose to ship oil by rail instead. Another nothing burger wrt the global market.

“ Maybe Russia wouldn’t have been embolden to invade Ukraine”

Or maybe they would have.

“Maybe federal drilling permits would have been allowed rather than paused or cancelled.”

They are allowed. Nothing is paused and nothing has been cancelled.

“Maybe gas prices would be 2:39 a gallon now rather than 3:79”

But probably not.

From: Nyati
24-Apr-24
Nothing has been paused, nothing has been canceled.

Try running that one by someone from Alaska. Except maybe over a third of a million acres on the northern shores of ANWR. Land that was leased by an Alaskan state agency and not by the big scary oil companies.

CNN — The Biden administration announced Wednesday it will cancel seven Trump-era oil and gas leases in the Arctic National Wildlife Refuge and protect more than 13 million acres in the federal National Petroleum Reserve in Alaska, stymieing a years-long attempt to drill in the protected region.

The cancellation will affect Alaska’s state-owned oil development agency, the Alaska Industrial Development and Export Authority, which bought the leases covering about 365,000 acres on ANWR’s Coastal Plain during the Trump administration.

From: spike78
24-Apr-24
And producers just chose to ship oil by rail instead. Another nothing burger wrt the global market. Not sure if it is true but I heard a certain Elite who owns railroads may have had some influence on the pipeline decision.

From: bigeasygator
24-Apr-24
"Try running that one by someone from Alaska"

You said federal drilling permits, Nyati. Leases and permits are not the same thing. Maybe those words don't matter to you, but they do to people who work in the industry.

From: Nyati
24-Apr-24
Semantics, the point is the same. He took steps to shut down oil production on US soil. Another one of those little things like LNG that causes an effect to the economy.

From: KSflatlander
24-Apr-24
Shade Mt- I'm curious, do you think the stimulus packages under Trump and Biden shouldn't have been done?

You are the epitome of "correlation is not causation" fallacy. Do you want to just be angry or truly understand why the middle-class is struggling? Good grief.

You know that logic is the exact same as those who killed witches just a few centuries ago.

Judge: "How did you know they were a witch?"

Witness: "Well, everything was fine before they were here."

Judge: "Strong evidence." "Burn'em at the stake."

From: csalem
24-Apr-24
Witches? Good grief KS

No witches have ever been killed anywhere in the world or at any time

Put the Booze away

Witches. WTH

From: DanaC
24-Apr-24
^^^ now that's how you do irony, folks ;-)

From: bigeasygator
24-Apr-24
“ Semantics, the point is the same”

No it isn’t. The fact that you would suggest as much shows how far out your depth you are and how little you know about the industry.

“He took steps to shut down oil production on US soil”

That wouldn’t be online for decades. It means nothing at the current moment. Especially when the next administration comes in and undoes things. In all that time not a barrel of oil production will have been impacted.

“Another one of those little things like LNG that causes an effect to the economy.”

And again, what effect has his LNG pause had on the economy? You keep repeating that yet have cited no tangible effect.

From: Grey Ghost
24-Apr-24
Still searching for either team’s solutions….

From: bigeasygator
24-Apr-24
“ Still searching for either team’s solutions….”

I don’t think anything different needs done, GG. Just like the outlooks from the likes of Goldman and others that I posted above, we are on the right trajectory. Some things that I think would help move things along a bit more that I’d like to see: open up labor markets by revamping immigration (expediting work permits), repeal the Trump tariffs, and mandate a 10% cut in government spending across the board.

I think these would moderately help with that last sticky bit of inflation while facilitating continued strength in the labor market and mitigating the impact of future interest rate cuts.

From: Nyati
24-Apr-24
Leasing leads to exploration which employs people and adds to the tax base. During those decades between leasing and production thousand of people from multiple different companies from exploration, surveying, road building, truck drivers, pipeliners, drillers , food services, etc., etc., etc., are working for decades taking care of their families, paying taxes, supporting other businesses that supply their needs. There’s a term for it , if I could remember what it’s called . Oh, yeah, economic development for decades and then oil production that comes with its own economic development.

From: bigeasygator
24-Apr-24
Any level of economic development - even exploration - is hardly a given on an oil or gas lease. For the leases you cited, seeing as there was no real industry interest in them, the more likely scenario is the State of Alaska would sit on them and not do a thing with them. That’s the reality.

This whole conversation started because you suggested if drilling permits weren’t paused or cancelled oil and gas prices would be lower. As drilling permits are needed to actually deliver short term production it’s a reasonable argument - except for the fact that no drilling permits have been paused or cancelled as part of any Biden policy. Then you try and refute this by citing leases that were cancelled (not drilling permits) and calling it “semantics.” It’s not semantics.

Lease cancellations have no impact on oil prices in the near term. Biden’s leasing policy has been terrible. It’s also had zero impact on oil supply over his presidency and zero impact on prices.

From: shade mt
25-Apr-24
KS...i do NOT have the answers, nor claim to. Frankly i don't know why i bother allowing myself to get sucked into this conversation.

But when i constantly hear folks that support Biden and bidenomics make claims of "things are great".....i have to ask myself, great for who?

As i have already mentioned As prices go up....my prices go up, am i making more money? no, i just handle more money, Tax time tells a lot.....between Gross and net.

Seems you guys got this all figured out, so carry on, It is now 3:56 AM i got a truck to load then i'm gonna go fill it up with some of that liquid gold and drive 2 hrs to a job.....Who will pay the bill for that?......uh huh, you guessed it, my customer. Not to worry when i hand him the bill.....I will reassure him he is doing great. If that don't work i'll use your witch example......My guess he'll give me that same dumbfounded look a lot of people have when they hear all this bidenomics nonsense. And for the record.....I do not hate Biden but i sure as heck do not think he should be president......witches or no witches.

25-Apr-24
Asking someone to prove what trump would have done is a weak argument. One good decision builds on the next.

One bad decision causes a cascade of negative consequences.

You can’t demonstrate or prove a negative in that argument.

What you can prove is black and white metrics for each of the two presidents.

Average trumps. And average Bidens

Actually, make it easy on yourself. Look up Consumer Confidence under both.

Consumer Confidence has been the best leading indicator for decades. And right or wrong, it can drive an economy itself.

From: bigeasygator
25-Apr-24
lol I love the “I don’t know what Trump would have done but I know the economy would be better” responses.

“But when i constantly hear folks that support Biden and bidenomics make claims of "things are great".....i have to ask myself, great for who?”

By many measures, the economy is doing great. It has nothing to do with Biden or Bidenomics (whatever that even is).

“ Actually, make it easy on yourself. Look up Consumer Confidence under both.”

Ok…CCI…down 20% under Trump. Up 20% during Biden’s presidency. What’s your point?

From: spike78
25-Apr-24
BEG what I am wondering with these good earnings reports is if the higher prices are helping their numbers on their financial reports. I can see the economy collapsing soon as people start running out money. We will see.

From: Nyati
25-Apr-24
BEG, over 360,000 acres just east of Prudhoe bay , and AK is just going to set on it ?? They already have a pipeline from Prudhoe bay to Valdez . Prudhoe bay has been in production for almost 50 years and easily recoverable oil is winding down.

Why would they just sit on ? What’s your evidence that they would just sit on it ?

From: bigeasygator
25-Apr-24
“Why would they just sit on ? What’s your evidence that they would just sit on it ?”

Not all leases are equal. There’s a reason no oil companies bid on those leases (which were sold under the Trump administration).

From: Nyati
25-Apr-24
BEG, the GDP for 1st quarter of 24 was just announced at 1.6%. Well below expectations. And stock market responded with the DOW dropping 500.

Is this unexpected drop in GPD a sign that Biden’s economy (Bidenomics) is still doing as great as u claim it is ?

From: bigeasygator
25-Apr-24
“Is this unexpected drop in GPD a sign that Biden’s economy (Bidenomics) is still doing as great as u claim it is ?”

Again, the President doesn’t control the economy. I think it’s a sign of hawkish Fed policies coming to roost and underscores the difficulty of the balancing act they are trying to pull off by trying to cool inflation without stifling economic growth. Factor in that a decrease in the rate of government spending was one of the largest contributors to the lower than expected GDP print, I’d say there are silver linings. The PCE data is what really is driving the market selloff, not the GDP.

From: Nyati
25-Apr-24
If a President has no control over a nation’s economy then why did Biden name the economy under his presidency Bidenomics?

I’m just a dumb hillbilly in flyover country but it sounds like it was something he was proud of and taking credit for ?

From: bigeasygator
25-Apr-24
“ If a President has no control over a nation’s economy then why did Biden name the economy under his presidency Bidenomics?”

Because he’s a politician. Would expect you to understand that just because he says something doesn’t make it true.

From: Grey Ghost
25-Apr-24
Every POTUS in my lifetime has either taken credit for a good economy, or blamed the previous POTUS for a bad economy. In reality, their influence on the economy is very minimal. If Trump were president right now, he'd be dealing with the same economy, and he'd be crowing about how good it is. That's what politicians do.

From: bigeasygator
25-Apr-24
Facts GG. I can hear him now taking credit for the exact economy we have now: the continued labor strength, record oil production, record stock market levels, the progress on inflation, etc

“We’ve got the best economy. They said we couldn’t do it, but we did. We did. Jobs. Look at the beautiful jobs. And we’re drilling. Drill baby, drill. They say I’ve never seen drilling activity like this. But we have it. We’re setting records. And that stock market. No one knows the markets like me. And we brought them back too. It’s not just 401ks and home prices, people are making more on their savings account. People come to me and say “I used to get .25%, now I’m earning 4, 5, even 6% on my savings account.” And they thank me. Chyna. We’re beating Chyna. They’re paying for the tariffs, you know. And they’re hurting. They call me and say you are so smart, we can’t compete with you. Could Biden or Crooked Hillary have done this? Of course not. Crooked Hillary” *crowd starts chanting ‘lock her up’, Trump nods in approval*

I gotta admit I do miss his speeches sometimes…

From: CaptMike
25-Apr-24
Not true at all, GG. One simple thing like causing fuel costs to escalate affects the economy in many ways. And just like a sports team, corporate business or other organization, the fault or accolades ultimately is placed on the leadership.

From: Nyati
25-Apr-24
BEG, I do, I’m just glad to hear u admit that Biden is blatantly lying to Americans

From: bigeasygator
25-Apr-24
Of course he’s lying. He’s a politician.

From: spike78
25-Apr-24

spike78's Link
Ouch

From: bluedog
25-Apr-24
spike78.... just my opinion, nobody else comes close to IBD for useful reliable stock and trading information. I'm a fairly long time subscriber to them. I do not follow their advice 100%, sometimes we differ.

25-Apr-24
Too many people living on credit, Biden has absolutely hammered the upper middle, middle and lower income families.

From: bigswivle
25-Apr-24
Thank god I bought 50k worth of bitcoin in 09!!! Bout to cash out!!!

From: bigeasygator
25-Apr-24
“ Ouch”

Maybe not so much reading that article.

“However, the data may not be as bad as it looks. A surge in portfolio management costs, which go up with the S&P 500, accounted for the full upside surprise in core inflation.”

From: bluedog
25-Apr-24
and bigeasy reads the article not just the headline...

From: spike78
25-Apr-24
I suggest you re-read the first 4-5 paragraphs then get back to me. Up up and away. You think this is it? Wait until next quarter.

From: spike78
25-Apr-24
The difference between you libs and me is that I see the writing on the wall whereas you go by what someone tells you. Do you remember Janet with the it’s Transitory bullshit you probably believed that too but I laughed.

From: bluedog
25-Apr-24
So you think because somebody looks at things in a different way than you they are "Libs" ? Too silly..

With your clear thinking and ability to see things as they are I'm curious how your trading is going this year. What's your % up or down year to date? Make a believer out of me. Put it on the table.

From: bigeasygator
25-Apr-24
“ I suggest you re-read the first 4-5 paragraphs then get back to me. Up up and away. You think this is it?”

I suggest you re-read the first four paragraphs. I literally posted one of those paragraphs. Another paragraph reiterates what I posted.

“Here's one reason not to panic, though: The price for portfolio management and investment advice services surged at a 31.8% annual rate in Q1. If not for that, the core PCE price index would have climbed 3.2%.”

Nothing in those paragraphs says “up up and away.”

From: bluedog
25-Apr-24
"You think this is it? Wait until next quarter."

I can't predict the future. I don't try. Good for you if you have that ability.

From: spike78
25-Apr-24
I guess I read it wrong when it showed all numbers were higher.

From: Grey Ghost
25-Apr-24
Yep, Spike, you’re a clear thinker for sure. Wish I had your abilities. Maybe you should write a book.

From: Matt
25-Apr-24
“The difference between you libs and me is that I see the writing on the wall whereas you go by what someone tells you.”

I thought that it would be that they could correctly interpret simple bar charts?

From: bad karma
25-Apr-24
In 2008, the 3rd greatest percentage of home foreclosures in the US was in Weld County, CO. I was predicting a crash after learning that. Now, the financials I'm seeing with clients are almost always equally bad. The birds are coming home to roost again. Get a big sombrero or your clothes will get dirty.

From: Grey Ghost
25-Apr-24
Bad Karma, nice to see you. My nest is doing OK. I’m sure yours is too. If a recession comes, and the cost of living goes down, I can’t wait for the whining.

From: bluedog
25-Apr-24
I've found I lack the skill to predict the future regarding the economy. I'll just wait and see and try to muddle through. Interesting insight though BK

From: spike78
26-Apr-24
Well Yellen just said our economy is fine so you all know what that means.

From: bluedog
26-Apr-24
What does Yellen saying economy is fine mean? Help me out as I have no clue. Does it mean anything at all?

26-Apr-24
Believe what you see and feel, not what you read.

From: spike78
26-Apr-24
It’s just transitory Bluedog.

From: bluedog
26-Apr-24
Isn't everything....

From: spike78
26-Apr-24

spike78's Link
Numbers out today ouch.

From: bigeasygator
26-Apr-24
Ouch?? Again, looks like you didn’t read the article (or maybe you did and you really don’t understand what you’re reading). As I’ve been saying, the story is a lot more nuanced and the stickiness of inflation is largely a sign of the strength of the economy (strong demand, rising wages, strong consumer spending). Some highlights from the article you just posted…

“Despite the high annual inflation readings, investors largely took Friday's report in stride. That's because the 0.3% monthly gain in overall and core prices was largely in line with expectations, says Chris Zaccarelli, Chief Investment Officer for Independent Advisor Alliance. It's also down from the increase in January.

The price of goods such as used cars, furniture and appliances generally have fallen as pandemic-related supply chain snarls have resolved. But the cost of services, including rent, car insurance and health care, have climbed higher, in part because of sharply rising wages tied to COVID-induced labor shortages.”

“But job growth is still robust and average pay increases have outpaced inflation since last spring, giving households more purchasing power. Strong demand for products and services can put upward pressure on prices.

“"The hot inflation readings through March should write off any rate cuts in the first half of 2024," Nationwide Senior Economist Ben Ayers wrote in a note to clients. "Given the momentum for the economy and prices, we don’t expect the Fed to strongly consider (cutting rates) until its September meeting at the earliest."”

From: bluedog
26-Apr-24
Ouch..Those dumb Libtards on Wall Street just don't understand. Currently 9:00 Central Time... Dow +.53%, S&P +1.05%, Nasdaq +1.85%

From: bigeasygator
26-Apr-24
Those Wall St guys must have read the whole article too, bluedog…

From: spike78
26-Apr-24
Man you guys are good at cherry picking and posting what you want. Let me see cost of goods like autos is down but cost of services is up. This tells me nobody is buying autos so they are forced to lower prices. The stock market is being propped up by the Big techs and due to AI and that’s it. Most others are way down from 2021 highs. Don’t forget we still have high gas prices along with food which people need daily along with rent. I guess I see things alittle differently than most.

From: bluedog
26-Apr-24
Cherry picking? I'm confused.

From: bluedog
26-Apr-24
"The stock market is being propped up by the Big techs and due to AI and that’s it."

I guess I see things a little differently than you for sure. The stock market tells it like it is, simple as that.

From: bigeasygator
26-Apr-24
“This tells me nobody is buying autos so they are forced to lower prices.”

Now color me confused. Do you want to see more demand for goods and higher prices?? Or do you just not really know what you want, spike?

“The stock market is being propped up by the Big techs and due to AI and that’s it. Most others are way down from 2021 highs”

This is demonstrably false. Show me one sector that is “way down” from the 2021 highs.

“Don’t forget we still have high gas prices”

And as I posted earlier, you can mostly thank the lower gas prices of 2019 and 2020 resulting in the loss of refining capacity for that.

From: bluedog
26-Apr-24
No economics degree but I think I understand supply and demand in a capitalist economy. It's not complicated IMO

From: bigeasygator
26-Apr-24
I guess it it is for some people, bluedog

From: spike78
26-Apr-24
You guys are right as always I will just shut up and see how this spectacular sham of an economy, government, and stock market plays out. It’s amazing what you can do with unlimited dollars.

From: spike78
26-Apr-24

spike78's Link

From: bluedog
26-Apr-24
spike78...For all I know you might be right sometime in the future. I'm not an investor I'm a trader (not day trader) so I just react to the flow. That's my intention anyway.

From: DW
26-Apr-24
May want to look at the PCE and CPI numbers just out. March was worse than Feb yr over Yr. Things are not what they seem. Matter of perspective and where you are at in life i think upon reviewing this thread. Can be no question young folks are having a tough go of it. One child cost in today dollars is about a quarter million. Then, you have cost of higher education out of reach even for majority of parents to pay that bill.

New leadership is needed.

One look at the new types of non conforming mortgages get utilized is good indicator for those first time young home buyers. Looks troubling

From: bad karma
26-Apr-24
As someone who sees the financial condition of clients every week, in addition to being a consumer, I can tell you the economy is not doing well. I'm seeing a lot of people with unsecured debt out the yin-yang, similar to 2008. And that's with my grocery bill going up considerably. Colorado now has a guaranteed increase in the state min wage, meaning everything that requires minimally skilled labor will skyrocket in price. (Big Mac meal in Denver is now $11.59)

From: bigeasygator
26-Apr-24
“ May want to look at the PCE and CPI numbers just out. March was worse than Feb yr over Yr.”

And you maybe should go back and read the articles that were posted, DW.

From: Mint
26-Apr-24

Mint's Link
https://www.youtube.com/watch?v=mwnAGlNX9sk

Interesting interview with Jamie Dimon.

From: Basil
26-Apr-24

Basil's embedded Photo
Basil's embedded Photo

From: Nyati
26-Apr-24
Y’all Biden boyz can try and put lipstick on the economy all y’all want but it’s still a pig in a muddy rut

From: DW
26-Apr-24

DW's Link
Your quickly becoming a Bowsite hero Gregory. More facts:

Mining is off considerably in part thru Exec Biden Orders nationwide. The costs for the lack of productivity is evident in many area's of end item productionand farming. Costs rocketing upwards.

CPI up 3.8% without food and energy year to year for March. Mr Biden will have the dollar worth at least 20% less when he leaves office than when he started in December 2024.

From: KsRancher
26-Apr-24
Apprearntly bad karma didn't pay much attention to all of BEG graphs and quotes or he would know that the "economy is booming"

From: bad karma
26-Apr-24

bad karma's embedded Photo
bad karma's embedded Photo

From: bigeasygator
26-Apr-24
“Apparently bad karma didn't pay much attention to all of BEG graphs and quotes or he would know that the "economy is booming"

I never said “booming” - that was Jamie Dimon. I said by many measures the economy is strong.

From: spike78
26-Apr-24
Jamie Dimon is bullish one week and bearish the next. It’s so obvious it’s all bullshit to make people buy or sell their stocks. Rinse and repeat.

From: KsRancher
26-Apr-24
I didn't say you said that it was booming. I said if he would have looked at all your post he would have known that the "economy was booming"

From: bigeasygator
26-Apr-24
I misread your post, KS. Apologies.

From: bluedog
26-Apr-24
Not sure who Jamie Dimon is but agree with spike regarding talking heads. They're for the most part shameless shills and grifters IMO. Sure there are a few exceptions.

I don't pay attention to talking heads... totally ignore them. Trying to avoid turning this thread into a stock market thread.

I'm not educated in these departments but sometimes wonder if we aren't getting to be like too many fish in a small pond.. population has grown so much in last 30 or 40 years we've reached the point where former quality of life is now unsustainable. What is available is super expensive because demand far exceeds supply..(Hunting is a micro example.... now difficult to even get a tag and if you do it's too expensive for many.

Dunno... just musing.

From: Nyati
26-Apr-24
Well, if we are then opening the border to 10 million illegal aliens to come in from all over the world sure isn’t helping the situation

From: spike78
26-Apr-24
Bluedog don’t worry the satanic elites have a cure for that called depopulation. I wish that was a conspiracy theory but unfortunately it’s not. By the way Jamie Dimon is the CEO of JP Morgan.

From: bluedog
26-Apr-24
No disagreement Nyati...not at all.

Hopefully my thought is incorrect. Can't help comparing population growth to financial growth. The compounding of gains will cause a growth explosion.... mathematical certainty.

Stress this is just musing. I have nothing to base the thought on really.

From: bluedog
26-Apr-24
Thanks spike, now I know who Jamie Dimon is. He means as much to me as any plans the satanic elite have however. Which is nothing at all.

From: bluedog
26-Apr-24
Responding to my own post on population.... appears I'm wrong.

"Census Bureau projections show that, under the most likely scenario, the U.S. will stop growing by 2080 and shrink slightly by 2100."

Far as housing too expensive, it certainly is, caused by supply and demand. There is a severe shortage in affordable housing (duh). This will eventually be corrected as it was immediately after World War 2. That's the theory anyway. Meantime it's a bitch.

From: Nyati
26-Apr-24
Still not going to help with premium tags

From: bluedog
26-Apr-24
Yup.... my elk hunting was done once I moved from Arizona. Miss it for sure. But it's over for me.

From: Beendare
27-Apr-24

Beendare's embedded Photo
Beendare's embedded Photo
Soros funded the campaigns of many liberal DA’s responsible for the proliferation of crime.

He funds many outfits undermining the US…and is now behind the violent protests on college campuses.

Soros is an integral part of the Democratic party….be proud those of you that stand with him.

From: Beendare
27-Apr-24
Bidenomics: what a joke!

The Biden EPA is shutting down power plants, requiring CO2 capture that reduces the efficiency of power plants and drives up electricity costs that renewables can’t cover.

The WSJ article, The Biden EPA’s Plan to Ration Electricity lays it out. Excerpt: The Biden Ad­min­is­tra­tion’s reg­u­la­tions are com­ing so fast and fu­ri­ous that it’s hard even to keep track, but we’re try­ing. On Thurs­day the En­vi­ron­men­tal Pro­tec­tion Agency pro­posed its lat­est doozy—rules that will ef­fec­tively force coal plants to shut down.

—— Some areas like Texas estimate we will need double the power in 6 years….. our grid cannot handle the potential demand, heaven help us if the Soros Democrats are still in control down the road.

From: Nyati
27-Apr-24
Yeah, it’s strange that those protestors that’s probably never camped a night in their life had a truck pull up loaded with high dollar tents, catered meals. That’s just so lucky and weird.

From: shade mt
28-Apr-24
sure is a weird world out there......i mean think about it "bidenomics" ?? That boy is gonna die just like the rest of us......stripped of his wealth, power, and every worldly thing.

It is there, each one of us will find out what we are worth.

I'm glad, my debt is paid.

28-Apr-24

Ricky The Cabel Guy's embedded Photo
Ricky The Cabel Guy's embedded Photo

Ricky The Cabel Guy's Link
“Yeah, it’s strange that those protestors that’s probably never camped a night in their life had a truck pull up loaded with high dollar tents, catered meals. That’s just so lucky and weird.”

Rumor has it that the tents were provided by the "tent fairy" (fergie chambers…communist radical…heir to the cox fortune).

From: spike78
28-Apr-24
I’d say something but it’s all just a bunch of conspiracies lol.

From: Basil
28-Apr-24

Basil's embedded Photo
Basil's embedded Photo

From: Keith
28-Apr-24
Economy doings so great, the giverment is giving $2000 to each social security retired senior in the next couple mounts to help cover the high cost of living. Don't want to loose that senior vote now, do we?

From: DanaC
28-Apr-24
Wishing that wasn't bullsnot ;-)

From: Beendare
28-Apr-24
For months, the Biden administration has refused to name Qatar a state sponsor of terrorism for their support of Hamas. THE MASS MEDIA AND NUMEROUS fed agencies have been covering for the Biden crime family; HMMMM, Now we know more of the story;

Politico is reporting that his brother Jim Biden was in business with Qatari government officials.

From Politico; Public records and emails obtained by POLITICO offer a window on fundraising efforts in which Jim Biden invoked his ties to older brother and sought workarounds to restrictions on international money movements. Transactions related to the efforts are also at the heart of a recently-settled fraud case brought by the SEC and are being scrutinized as part of a federal criminal investigation in South Florida. ——-

From: 70lbDraw
28-Apr-24
Yeah, Jim Biden has his fingers in more than just one crooked wallet. His name has been coming up a little bit at a time, but recently it seems to be every time someone starts talking about China joes bribery schemes. Heck, I never heard of him until the laptop was discovered.

From: KsRancher
28-Apr-24
BEG. This whole thing has really got me to wondering. How can people say that the economy is strong when about everyone I know is struggling. I watched that interview with Jamie Dimon. I believe he is a really smart man. The part that stuck out to me about the bottom 20%. How they will always be that way. I can believe that. I looked up what the top 20% holds for wealth, its 86%. And I have no problem with that. But that made me wonder about the 60% in the middle.

Can the top 20% be responsible for the economy being strong? All the while the majority of Americans are struggling. The reason I ask is. You mentioned how it was a "small subest of people that are the ones struggling". It got me to wondering if it is a "small subset keeping the economy looking strong"? You mentioned you took economics. So I am truly asking as I don't know if it's possible. I will use my boss for example. He buys more dollars worth of stock in a month that I gross in a year. Does that top 20% carry enough wieght to make it look great on paper and charts all the while the majority (let's say 60%) of Americans are really struggling?

I apologize if this is a dumb question. I just really would like to find the disconnect on this.

From: Beendare
28-Apr-24
Bidenomics: what a joke!

The Biden EPA is shutting down power plants, requiring CO2 capture that reduces the efficiency of power plants and drives up electricity costs that renewables can’t cover.

The WSJ article, The Biden EPA’s Plan to Ration Electricity lays it out. Excerpt: The Biden Ad­min­is­tra­tion’s reg­u­la­tions are com­ing so fast and fu­ri­ous that it’s hard even to keep track, but we’re try­ing. On Thurs­day the En­vi­ron­men­tal Pro­tec­tion Agency pro­posed its lat­est doozy—rules that will ef­fec­tively force coal plants to shut down. —— Some areas like Texas estimate we will need double the power in 6 years….. heaven help us if Democrats are still in control.

From: bigeasygator
28-Apr-24
“I apologize if this is a dumb question. I just really would like to find the disconnect on this.”

I don’t think it’s a dumb question. I think it underscores the nature of the current economy - there are indicators of strength, and there are indicators of weakness. But the economy has never worked for everyone equally, and no one should ever expect it to - and I think you’re seeing that play out now. The bottom portion of the wage earners in this country are feeling more of the effects of inflation - and they will feel it disproportionately.

But anyone who says the economy is struggling isn’t looking at the trends. Inflation is way down. Demand and consumer spending is still strong (and a big reason for the last bit of inflation sticking around). Labor markets are strong. Real wages are rising. Even if you look at the latest GDP numbers, there’s a lot to like - for example, imports were up and explain a big portion of the GDP drop. An increase in imports is really not a bad thing - from a GDP perspective it’s almost an accounting artifact detracting from GDP than it is a sign of a weak economy (if anything it indicates strong demand). And all in all GDP is now pretty close to the long term trend of 2% which seems to be sustainable.

IMO, there is A LOT of room for things to get worse. All of this doesn’t mean there aren’t indicators that suggest things could get worse. Debt is increasing, people are still dealing with the cumulative impact of the higher inflation we had a year and a half ago, interest rate cuts seem always off now. But until some of those other numbers get worse - recession, higher unemployment, very weak demand, etc - I just have a hard time saying we’re in a “poor economy.”

I don’t envy the balancing act the Fed is trying to perform. Where it goes here is anyone’s guess, but IMO we should see some tempering of spending, which should drive prices down, which should provide a path to rate cuts. I think we can thread the needle back to sustainable numbers, but I expect there will be some hiccups along the way.

From: bigeasygator
28-Apr-24

bigeasygator's Link
Some more data to peruse. Your question got me thinking, KS. Namely, why is everyone so fond of the economy under Trump. To me, there was nothing special and it largely felt like a continuation of the during Obama’s second term - pre-pandemic anyways (they both had massive economic shocks impacting the economy on the bookends between the Great Recession and COVID which you can kind of throw out). Not sure if the charts linked are behind a paywall, but they pretty much backup my thoughts. Pretty much the same trends and no real significant change in any of the metrics.

From: peterk1234
28-Apr-24
Inflation is down. That's funny. I guess the Fed did not get the memo. Do me a favor and give them a heads up so they can reduce interest rates, you know, now that inflation is under control.

From: KsRancher
28-Apr-24
Yep, have to pay to see it. Me personally didn't really notice any difference in the last 4yrs of Bush, 8yrs of Obama or 4yrs of Trump. I am not saying what Trump did made things great for the economy. Or even what Biden is or isn't doing is making it feel bad right now. I live in small town USA. I really don't remember people griping about finances thru the housing crisis. The past 3yrs is the only time I can remember a big percentage of people talking about how bad the economy is since I was born. Maybe it's just a regional thing where I live. But I don't think so since there are people from all over the USA on here and they feel the same way. Maybe a lot more of them put all the blame on Biden more than I do. But a lot of people seem to be in agreement that the economy isn't great. And by a lot people I mean the biggest percentage of Americans.

From: bigeasygator
28-Apr-24
“But I don't think so since there are people from all over the USA on here and they feel the same way.”

Given the Bowsite demographics, it’s not really a surprise they’d feel that way.

From: bigeasygator
28-Apr-24

bigeasygator's embedded Photo
bigeasygator's embedded Photo

bigeasygator's Link
“Inflation is down. That's funny. I guess the Fed did not get the memo.”

They did get the memo.

“Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its way lower, it hasn't moved quickly enough, and the current state of policy should remain intact.”

We’ve made massive progress on inflation. And just because we see a blip for one month or two or because it may take a little longer before we see 2% doesn’t mean things haven’t been moving in the right direction.

From: Nyati
29-Apr-24
Biden stated that great strides have been made on the economy under his administration. He stated that if things proceed as expected it will only take another 50 years to reach the same standard of living they enjoyed under the previous Trump administration. He did emphasize that a hiccup could occur, he stressed that if Trump were elected this fall that people may return to the previous standard of living in only 2-3 years. However, he added that he thought the 50 year wait would be preferable so that he could get more Americans to pay for his policies that he wants implemented.

From: bigeasygator
29-Apr-24
Huh??

From: csalem
29-Apr-24
Nyati

LMAO!! Great way to start off the week !

From: Beendare
29-Apr-24

Beendare's Link
Daniel Lacalle lays it out for those Soros Dems that still think the Biden admin spending $2T for $1.6T in GDP growth is a good thing. Plus, as he points out, Biden inherited an economy hitting on all cylinders that was creating 250,000 jobs a quarter- and wrecked it with their dumb spending policies.

From the link to his webpage.

The gross domestic product is much weaker than the headlines suggest. If we look at consumption, both durable and non-durable goods were flat or down, while the only item that increased modestly was the services factor. Residential and intellectual property boosted investment, while equipment remained weak in the past two quarters. The slump in export growth coincided with a significant increase in imports, which weakened the trade deficit. Government spending continues to rise, albeit at a slower pace, and becomes the main factor to disguise what is evidently a concerning level of growth for a leading economy with enormous potential.

It is precisely because of the unnecessary increase in government spending, designed to bloat GDP and provide a false sense of strength in the economy, that inflation remains elevated and rising in a three- and six-month period.

Rising public debt has bloated the economy and left it at a disappointing level compared to its potential, as evidenced by higher inflation and weaker growth.

Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are poorer in absolute and relative terms.

Can the United States government boast this level of growth? One could argue that delivering $1.6 trillion of GDP with a $2 trillion increase in debt is not a success. This isn’t growing; it’s getting fatter. This negative situation has not improved since 2024. Every 100 days, the U.S. national debt rises by $1 trillion. Therefore, this means more taxes, less growth, and weaker real wages in the future. We can conclude that the United States’ public finances would be stronger, and the economy would be more productive if the gigantic public spending packages and tax hikes had not been implemented.

From: spike78
29-Apr-24
Ok people let me explain this slow for you all to understand. This is all being done on purpose to bring in the new CBDC. Notice how the BRICS nations are dumping the US dollar and coming out with their own currency supposedly backed by gold? I’m guessing that this was not thought of during the Russia/Ukraine war but along time before it. This year will be one for the history books too bad history is no longer taught.

From: bigeasygator
29-Apr-24
“This is all being done on purpose…”

What is being done?

From: Nyati
29-Apr-24

Nyati 's Link
Biden brags about unemployment numbers and unemployment isn’t that bad. But government jobs (local, state, and Federal is the #2 in new jobs. The beast is getting bigger. Government doesn’t produce anything but it feeds on the production of the private sector. When government jobs are growing faster than any other sector besides health care that’s going to be a problem.

From: bigeasygator
29-Apr-24
Most of those government jobs are related to education. As someone that was a product of public schools and who has an undergrad from a public university, I wouldn’t necessarily say public education is “feeding on the private sector,” but YMMV.

From: Nyati
29-Apr-24
I went to public school, got a BS in public college , and a public medical school as well. Police, firemen, are included as well but so are federal and state bureaucracies. I’m not against public employees, as a civilized society we need and value them. I’m just not sure government jobs being number 2 out of all the employment sectors is a good thing . I think for our country and society construction, manufacturing, farming, etc., should be higher than government jobs. And if we had a booming economy they would.

From: Orion
29-Apr-24
BEG's graph on down inflation left out food and energy. Pretty sure food and grocery prices are high

From: bigeasygator
29-Apr-24

bigeasygator's embedded Photo
bigeasygator's embedded Photo
The trend isn’t much different and for over a year core CPI and PCE have been running higher the non-core numbers.

From: RutnStrut
29-Apr-24
You can argue the stock market, unemployment numbers, or GDP all you want. What really matters is what real working families are experiencing. Most that I know are experiencing a much harder time than they did under Trump. Most of these people I know are also small business owners. Things are worse under Biden and will get much worse if their is another 4 years of his "leadership". Things could be 200% better under Trump and some hate him so much that they would never admit it.

From: Nyati
29-Apr-24
In other words, cutting off one’s nose to spite one’s face

From: shade mt
30-Apr-24
rutnstrut

couldn't agree more, that is "real world" right there.

I have often said i'd like to have some of the gov't officials .....shut up and work, and i don't want to hear no complaining about it being hot or cold, or wet, or to heavy.....mud,n,blood,n,blisters. put some callouses on them soft pink hands.....and you pump your own 3.89 a gallon gas to get there, and at the end of the week.......i'll pay ya yer 1000.00

now skip...buy groceries, put gas in your vehicles, pay your insurances, necessary maintenance , mortgage, clothing, raise your kids........and tell me the economy is good.

From: shade mt
30-Apr-24
oh and i forgot to mention in my last post...that 1000.00 bucks?......yea you gotta pay taxes and social security outa that boy

From: bigeasygator
30-Apr-24
“couldn't agree more, that is "real world" right there.”

Dang. Had I known all this, getting my MBA would have been a lot easier. Forget actually calculating things like GDP, inflation, demand, etc. Who knew I could have just answered everything with “go ask your neighbor.”

From: DanaC
30-Apr-24
" What really matters is what real working families are experiencing."

true, but it was true in the Trump years, the Obama years, the Bush years, the Carter years, the Clinton years, etc.

You can argue that things are so much worse today, but look at what people are spending on nowadays. $200 a month for cable TV and cell service? Thousand dollar phones? Too many people today cannot, or will not separate necessity from luxury purchases.

From: bad karma
30-Apr-24
Dang. Had I known all this, getting my MBA would have been a lot easier. Forget actually calculating things like GDP, inflation, demand, etc. Who knew I could have just answered everything with “go ask your neighbor.”

If you'd ask your neighbors, you'd find that half are getting a government subsidy. That should be a clue. And yes, I know, math is hard, but the deficits are massive, and the interest on the national debt is now a big expense. But keep fooling yourself. Since you have a MBA that makes it particularly ironic.

From: bigeasygator
30-Apr-24
“If you'd ask your neighbors, you'd find that half are getting a government subsidy”

Doubt that.

“And yes, I know, math is hard, but the deficits are massive, and the interest on the national debt is now a big expense”

I guess we could have foregone Trump’s tax cuts and any government stimulus to mitigate the effects of the massive economic shocks we’ve had in the last 15 years, which have been the largest contributors to debt levels in the recent past. More recently, the Fed could have said “nah, we don’t want federal debt payments to increase so we’ll hold interest rates where they’re at - y’all can just deal with the inflation.”

“Massive and “big” are both relative and subjective terms. Government spending is out of hand but we are nowhere near unsustainable levels of national debt and have plenty of time before we need to hit the panic button.

From: Beendare
30-Apr-24
Those aren’t the dreaded MAGA Republicans stirring the pot at all of our universities- those are all liberal Democrat professors- be proud to stand with them Dem’s. My god, the antisemitism is shades of Nazi Germany. At Columbia last night, the faculty stood arm in arm to protect the protestors….and we wonder why our society is liberalized idiocy?

Then your boy Biden just gutted women’s sports Title lX with their Gender BS all while he is on track to jack the deficit faster than any president in history.

Our government is so infected by the massive tide of dirty money flowing in to buy votes from dirty Dems and Reps- why did the Rep speakers side with the dirty Dems? over $500k in his pocket on the latest FERC campaign disclosures.

I say vote all of them out…except a few like Rand Paul.

From: HunterR
30-Apr-24
I do not understand why the 99.6% of the posters here that are not liberal democrat loving GirlBoyMentallyill people even entertain the handful of Dem-trolls that troll this forum. If you stop feeding them they will either stfu and leave or they'll have no one to talk to and argue with other than each other. Ignore them, like I'm guessing most people that post on this hunting forum already do. There is no reason to argue with them to prove any point because I'm betting almost everyone that reads their crap know it's bs anyway. There are like 5 posters here that when I see their names I simply skip over their posts, it's really easy to do. Ya'll should give it a try, time to make Bowsite Great Again. ;-)

From: bigeasygator
30-Apr-24
"all while he is on track to jack the deficit faster than any president in history"

*except for Trump

From: bad karma
30-Apr-24

bad karma's Link
Business Insider has an interesting article on the economy.

From: bigeasygator
30-Apr-24
Good article bk. That was the story that I've been reading too - labor market and hiring is stronger right now for the blue collar crowd than it is for the white collar crowd. However, as the article points out, by all conventional metrics the labor market is still strong for the white collar crew (low unemployment, layoff rate better than it was pre-pandemic, and much of the hiring story could be explained by the fact that there aren't a lot of people in that bucket who need jobs at the moment.

That said, I fully expect the labor market to deteriorate further. I think interest rates are going to remain elevated, and you'll see cooling in demand and labor. We'll reap the benefits of lower prices at the expense of lower growth and a weaker job market.

From: bad karma
30-Apr-24
With California mandating a $20 min wage for fast food workers, and Denver at an $18.21/hr min age, people at the low end will get replaced by machines and/or spread very thin. And the price of anything provided by that labor will skyrocket.

From: RutnStrut
30-Apr-24
"With California mandating a $20 min wage for fast food workers, and Denver at an $18.21/hr min age,"

Another thing that kills small business owners. But screw the little guys, especially if they are your neighbors. Just tell them how great the economy really is. Show them the stock market numbers and GDP. That will make all their hardships go away.

From: Nyati
30-Apr-24
That’s what I’ve been doing at grocery store and gas station the last few weeks. When the bill totals up I just tell the cashier that the economy is doing awesome, employment is great, and stock market is at all times high , they just look at me and say go on. You don’t have to pay.

From: RK
30-Apr-24
Great one Nyati

Every time I come to this thread I think of what my Father told me. He was the most grounded person I have ever known, in spite of the fact that he was an aeronautical engineer and had an architecture degree from MIT

He would remind me that people that tried to show you how intelligent they are, were usually not and that there are lots of educated people that are really not that smart, just good at school.

Stuck with me and always proved to be spot on.

From: bigeasygator
30-Apr-24
Good story, RK. I’ve met plenty of people who weren’t good at school and not very smart as well. Just also happens that most of the smartest people I’ve ever met were also good at school.

From: bad karma
30-Apr-24
The problem is that to believe in liberal economic policies you have to ignore the law of unintended consequences.

From: DanaC
01-May-24
Badk, I think that holds true for *any* set of 'economic policies'. The free market tends to ignore the best of intentions, whatever those may be.

From: bigeasygator
01-May-24

bigeasygator's Link
"The problem is that to believe in liberal economic policies you have to ignore the law of unintended consequences."

Can you elaborate, bk? As DanaC points out, that can be said for any economic policy. And I think most people don't understand the unintended consequences. As an example, Trump's policies on immigration, taxes, and trade are undoubtedly inflationary and are also likely to add to government debt.

And just to be clear, I'd much rather have Trump's policies than Biden's policies when it comes to the economy. With that said, that comes with two big caveats that I've been trying to impress upon these threads. The first is that a stated policy is meaningless on the economy without meaningful legislation or executive action - and in short, President's are fairly powerless to make meaningful change. Most of the actions these President's take amount to window dressing with no substance. I've seen it first hand from both sides of the aisle. I've linked an article from Politico that I came across when looking for some info to share on this thread - it is a great encapsulation of this point.

The second point is that I don't really know what stands as "conservative" economic policy any more. The Republicans used to be the party of free markets and fiscal conservatism. Now we have out of control spending, free trade has been replaced by protectionism, and labor markets have been shutoff to competition. As previously pointed out, all with unintended consequences that have certainly contributed to the issues we're seeing (particularly on prices).

From: Nyati
01-May-24
BEG, Biden’s policy on the border is window dressing with no real substance? 10 million illegal aliens , free flow of fentanyl, human trafficking is all just window dressing ??

I’d hate to see the real thing

And yes, 10 million people does affect the economy either thru entering job market or becoming a liability to entitlement system, school system, and healthcare.

From: CaptMike
01-May-24
"And yes, 10 million people does affect the economy either thru entering job market or becoming a liability to entitlement system, school system, and healthcare." This comment is spot on. But, is there really any chance of changing the mind of someone who cannot understand this? The fact they would question it only shows their ignorance.

From: bigeasygator
01-May-24
"BEG, Biden’s policy on the border is window dressing with no real substance?"

I wasn't talking about his border policy. Regardless, I've been abundantly clear about immigration - you all only talk about one side of the issue. I think you overstate the costs, and underestimate the benefits. On one hand, you all argue that the majority of job growth and productivity gains are coming from immigrants (as if that's somehow a bad thing), and then suggest that we'll be better off economically if we stop the flow of immigrants to this country. Ignorance is failing to draw these connections.

From: Beendare
01-May-24
HunterR, Yeah, all the facts in the world won’t change their mind, I just do my drive by to vent.

Hopefully there are enough avg voters that see with their own eyes whats happening. I do think many folks are uninformed due to our predominantly liberal media.

Not much mention in MSM of the recent Liberal Democrat Orgs sponsoring all of the protests at campuses. Or of the liberal Dem professors preaching this garbage.

Death to America….is not coming from MAGA folks…..Dem voters are literally standing with and sanctioning these protestors and Squad members preaching this stuff within their ranks.

The Dem party has been hijacked right under their noses….and they are clueless.

From: bigeasygator
01-May-24
“The Dem party has been hijacked right under their noses….and they are clueless.”

I care more about the fact that the same thing has happened to the Republican Party.

From: KSflatlander
01-May-24
"HunterR, Yeah, all the facts in the world won’t change their mind, I just do my drive by to vent."

No you don't. You come here for a back slap from the Trumpers cause you need it in your crazy and illogic to feel better. Nobody wants to be on an island by themselves with their crazy and misery lives company. Just as RK.

From: Nyati
01-May-24
BEG, I understand that you weren’t talking about the border. But you keep saying that a President has little to no effect on the economy.

What I’m saying is that Presidential policy decisions does have a significant effect on the economy, be it immigration policy, energy policy, climate policy, foreign policy, etc. etc.. whether u like it or not a president owns the economy under their administration. Biden is so proud of the economy under his administration that he named it Bidenomics.

And here we are in May 2024 and inflation is still creeping higher, anticipated interest rate reductions by Fed this year is looking increasingly unlikely due to continuing inflation.

Going into election season we still have increasing inflation, persistent high interest rates that look to remain, high housing costs because of the above reasons.

01-May-24
Everyone worth listening to knew inflation would not be transitory.

In fact experts that experienced the sticky inflation from the Carter era. Predicted this Stagflation would happen. And predicted it a year ago

From: Nyati
01-May-24
BEG, I understand that you weren’t talking about the border. But you keep saying that a President has little to no effect on the economy.

What I’m saying is that Presidential policy decisions does have a significant effect on the economy, be it immigration policy, energy policy, climate policy, foreign policy, etc. etc.. whether u like it or not a president owns the economy under their administration. Biden is so proud of the economy under his administration that he named it Bidenomics.

And here we are in May 2024 and inflation is still creeping higher, anticipated interest rate reductions by Fed this year is looking increasingly unlikely due to continuing inflation.

Going into election season we still have increasing inflation, persistent high interest rates that look to remain, high housing costs because of the above reasons.

From: bigeasygator
01-May-24
"Predicted this Stagflation would happen."

Seems pretty premature to say we're in a period of stagflation.

"What I’m saying is that Presidential policy decisions does have a significant effect on the economy"

Agree to disagree. Policy doesn't matter without actions that have meaning. For example, Biden could, say, continue his attack on oil and gas companies by banning drilling on the moon. Doesn't mean that it somehow has a "significant effect on the economy." Most of the actions he's taken - same as those that Trump has taken - have been pretty much identical to that (the article I posted above on Trump and the oil industry underscores this point).

"Biden is so proud of the economy under his administration that he named it Bidenomics"

So? He can name it what he wants. I can name it "BEGonomics." Doesn't mean I somehow control it now.

"And here we are in May 2024 and inflation is still creeping higher"...after a massive drop. A month or two doesn't really make a trend IMO.

"Going into election season we still have increasing inflation, persistent high interest rates that look to remain, high housing costs because of the above reasons."

Again, IMO it's too early to say a month or two of a moderate uptick inflation is reflective of a broader trend. Interest rates are high because of these prices. Are you advocating a different policy from the Fed in the face of the inflation challenge?

And why are housing costs high, Nyati? Prices are a function of supply and demand. The reality is housing prices have remained elevated due to strong demand, even in the face of high interest rates. Couple that with the supply side limitations due to people not wanting to move into higher rate mortgages by selling their home, it's likely we'll see sustained prices for some time. While lower interest rates may help with the supply side, it's also going to increase demand.

But there seems to be this belief that "high prices = bad" and y'all paint such a black and white picture when the reality is much more complex.

From: Nyati
01-May-24
BEG, no. The Fed has to do what the Fed has to do. They got put in a pickle. I’m sure they and the WH wants to decrease interest rates , in fact they’re probably HOPING they could but because we’re in a long term inflationary period because of excessive federal spending they can’t .

From: bigeasygator
01-May-24
"but because we’re in a long term inflationary period because of excessive federal spending"

But only Biden's excessive federal spending, right? The fact that Trump grew Federal outlays by over 80% during his time in office don't matter, do they?

From: Nyati
01-May-24
BEG, if that’s what u say I’ll believe you cause I know you’re the expert.

From: KSflatlander
01-May-24
Nyati- you just can't let go of your bias. I agree it's hard especially in political stuff. But Correlation is not causation.

"Biden could, say, continue his attack on oil and gas companies by banning drilling on the moon."

And they try to do and say dumb stuff like that to win political favor and votes in an election year. Great analogy BEG.

From: Beendare
01-May-24
The KS Flats of the world will never admit that their policy is total horsepuckey. Defund the police, don't prosecute criminals, pander to fringe whack jobs for votes.

Just look at Portland state ( Or Columbia University) as a prime example of their horrid ideology. Go check Twitter for the photos of that Chit hole Portland- disgusting- all due to liberal progressive policy. The latest care of Andy Ngo on Twitter;

@Portland_State's president Ann Cudd has agreed to all the demands of those who continue to siege the Millar Library and have shut down campus.

PSU guarantees they won't pursue criminal charges against the destruction and would not suspend or punish any students involved. PSU will also pour more funding into DEI and CRT programs. Around 50 left the siege, Cudd says, but that many more non-students still remain.

Be proud KS, this is you're party, your policy....

From: Nyati
01-May-24

Nyati 's embedded Photo
Nyati 's embedded Photo
Ksflatlander, it looks like I’m right there with the majority of our country

From: bigeasygator
01-May-24
"BEG, if that’s what u say I’ll believe you cause I know you’re the expert."

I didn't say, I'm asking. You talk about Biden, but how much blame to you give Trump for the current price pain - his spending, his tariffs, his taxes? You say these things matter, so how much?

From: Nyati
01-May-24
BEG, But only Biden's excessive federal spending, right?

You typed that. I thought u were making a statement. My apologies.

From: bigeasygator
01-May-24
No, you see the question mark - that makes it a question. Looking for confirmation/input from you.

From: KSflatlander
01-May-24
Nyati- regardless of what you think that poll doesn't prove that Biden is responsible for inflation. Or that 65% of the country feels as you do. The term "It's the economy stupid" really says if the economy is bad and you're the incumbent your going to own it and lose no matter what really caused the issue and the issues are often lagging. Politicians just know people will vote due to correlation...just like you. Plenty of reason not to like Biden but he's not responsible for a world pandemic regardless of any conspiracy theories about Fauci.

I think what you are trying to say is party has a lot to do with policy over the long term. And presidents collective of the same party over time can affect policy. You don't like the what past policies (mostly by democrats) that got us here. Does that sum it up? I agree with that thesis by the way. But I agree with BEG that a single president has little to do with the state of the current economy. I think Trump and Biden get 50% blame but both had to do something to prevent the free fall of the economy. Trump for sure had no choice about the stimulus. Not sure the second one was needed under Biden but it's Monday now and the quarterbacks are plenty with their keen eyesight.

From: Matt
01-May-24
You can’t have a constructive conversation about the state of the economy with people who won’t concede that Trump is also culpable in running up the deficit or that Europe had inflation that was as bad or worse than what we experienced in the U.S.

Biden has done PLENTY of things that he rightly deserves criticism for, and some of that is tied to the state of the economy (Inflation Reduction Act my @$$), but continuing to pretend that global inflation can be pinned on Biden’s policy is intellectually dishonest.

From: Nyati
01-May-24
BEG, But only Biden's excessive federal spending, right?

You typed that. I thought u were making a statement. My apologies.

From: spike78
01-May-24
How’s that stock market doing?

From: bigeasygator
01-May-24
Over what time period are you asking?

From: Matt
01-May-24

Matt's embedded Photo
Matt's embedded Photo
Smart investors look at the general direction of the green trend line, whereas spike78 only sees what is in the red circle.

Gotta love the astute market analysis presented by the Bowsite squad.

From: blacktail
01-May-24
Inflation is transitory. That's what she said! You know that young gal of Brandon's, Treasury Secretary Janet Yellin.?? She said so on 2021. The value of the dollar has been destroyed.

Gas, Energy Utilities and food prices through the roof. This puts the squeeze on regular middle class Americans!

Washington's plan seems to destroy the middle class.

But most of congress is ona MUGA campaign, Make Ukraine Great Again. Forgiveness on college student loans.

From: Beendare
02-May-24

Beendare's Link
You want more of what the Dem party is dishing out?

Link is to a 30 second video of Decades long democrat rule- Kamala’s Hometown- warning, its shocking.

From: shade mt
02-May-24
sooner or later people are gonna have to start thinking for themselves.

To easy to blame Biden for everything, or Trump. The whole mess with Trump is mostly political, if he had never run for president doubtful you would hear much. How would you feel though if they did the same thing to Biden? would that be ok?.....Time people stop being played by rich men in suits.

Biden is a lousy president for many reasons other than the economy. Our president should be a leader, an example.....One with sound judgement, leadership capability, in all areas....economics, world affairs, morally, and an America first mentality....Biden fails in many areas.

You can get all the education you want, with numerous degrees, you can be financially well off......And still lack wisdom.

Knowledge is taught in the schools of men.......wisdom is knowing how to discern and use it properly.

For all who want to post graphs, talk numbers, etc...etc...etc.. you got knowledge, that's great. But for many Americans, numbers on a paper, don't feed their family's.

From: spike78
02-May-24
I was referring to the fact that companies are now starting layoffs and issuing weak guidance for future earnings. The chickens are now coming home.

From: bigeasygator
02-May-24
So you weren’t asking about the stock market then.

Regarding broader layoffs and lowered earnings, it wouldn’t be surprising at all (if true). It’s been the expectation ever since the Fed started raising rates. Saw someone predict we’d need to get to 6% unemployment if we expect to see inflation at 2%.

From: spike78
02-May-24
No the Feds expectation is a soft landing but the reality is going to be a dumpster fire.

From: bigeasygator
02-May-24
Remains to be seen.

Regardless, what’s the dumpster fire gonna look like? What numbers are you predicting for inflation, unemployment, stock markets, and GDP?

From: bad karma
02-May-24
Apparently, the term "transitory" as in "inflation is transitory" is the result of a new definition for the word. "Transitory" now means, at a minimum, until Biden leaves office."

From Newsmax:

The Federal Reserve Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target.

"The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing. The combination of high interest rates and persistent inflation has also emerged as a potential threat to President Joe Biden’s re-election bid."

From: spike78
02-May-24
BEG if the Fed does get inflation down to 2% that still means that the damage has already been done as the 2% is just added this year but the inflation is still 30 to 100% plus last year and that will not be going back down. Food, energy, insurance, rent, etc are needed everyday so who cares if a new car goes down 2k that’s not going to help. The layoffs are now starting and a lot of companies including big tech have lowered their guidance. Also if revenues have decreased even after prices were raised then that is a bad sign. The stock market might possibly go up slowly throughout the year unless some black swan happens but according to history the market should tank as it did every time yields were inverted.

From: bigeasygator
02-May-24
"the damage has already been done as the 2% is just added this year but the inflation is still 30 to 100% plus last year"

30-100% inflation last year?? What data are you looking at?

"The layoffs are now starting and a lot of companies including big tech have lowered their guidance"

Who has?

"Also if revenues have decreased even after prices were raised then that is a bad sign"

Depends on the company and the product they sell and how elastic demand is for that product. In cases where demand is highly elastic this is exactly what you would expect to happen.

"The stock market might possibly go up slowly throughout the year unless some black swan happens but according to history the market should tank as it did every time yields were inverted."

Every time? The 2/10 yield curve has been inverted since mid-2022. Depending on the index, we've seen ~20-30% returns since that time.

From: Beendare
03-May-24
Latest April unemployment report shows more deterioration- even with the Biden admin hiring gov workers like crazy.

More Biden Democrat corruption; Through FOIA requests Jim Jordan has exposed an email between Zuckerberg and the Biden admin on Covid;

Jordan shares a text message from Mark Zuckerberg to Sheryl Sandberg, Nick Clegg and Joel Kaplan - the company's highest-ranking executives at the time, in which he asks if Facebook can tell the world that "the [Biden] WH put pressure on us to censor the lab leak theory?" - hours after Biden accused Facebook of "killing people."

From: spike78
03-May-24
BEG why do I need to look at data to show me how much more I’m spending on food, gas, etc? I know how much more I’m spending and it sure as hell isn’t 3-6%!

From: Beendare
03-May-24
MattB, its true, many countries around the world are pursuing the same horrible liberal progressive woke policy that the Democrat uniparty is pushing here in the US. The Brussels bureaucrats might even be worse.

From: bigeasygator
03-May-24
“ Latest April unemployment report shows more deterioration”

Which is exactly what the market hoped to see and why the market popped on the news. It’s a sign things are still trending in the direction the Fed was hoping for.

From: Nyati
03-May-24
Biden campaign is hoping the Fed can reduce interest rates before November but it’s going to be close if they can.

It’s still a bad position for Biden. Normally an incumbent president hopes the economy is humming along going into an election. In order to get interest rates down Biden has to hope that economy slows further and unemployment rate goes up.

He’s between the proverbial rock and a hard place

From: Matt
03-May-24
“BEG why do I need to look at data to show me how much more I’m spending on food, gas, etc?”

You don’t, but people who want a broader understanding of what is going on with the economy realize relying on a sample size of 1 is nothing more than an anecdote.

From: Nyati
03-May-24
Matt, 99% of normal people don’t really care what the broader understanding of the economy. They care about how the economy is doing for them and their family . Each “anecdote” is an individual vote. Historically elections are won or lost on individual “anecdote “ votes on the economy.

From: bad karma
03-May-24
"Today's jobs report confirms the economy is reentering stagflation," said Alfredo Ortiz, CEO of Job Creators Network, of Friday's report. "Only 175,000 jobs were created last month, well below the recent average and expectations," he emphasized. "More than half of new jobs were created in the unproductive government and quasi-government healthcare and social services sectors that don't provide growth," explained Ortiz. "Combined with slow economic growth and resurgent inflation, these jobs numbers suggest stagflation has returned."

In other words, the economy is a dumpster fire.

From: bigeasygator
03-May-24
Gotta say I agree with Powell on this. The stagflation comments make zero sense.

“Fed chief Jerome Powell said he doesn’t understand sporadic Wall Street talk about ‘stagflation,” a rare occurrence in which economic growth is weak and inflation is high.

“The last time the U.S. experienced stagflation - and one of the few instances in its history - was in the late 1970s and early 1980s.

Powell said the economy is much different now than back then.

“It was 10% unemployment. It was high single-digits inflation,” he said.

And today? “Right now we have 3% growth, and we have inflation at 3%,” Powell said.

“I don’t really understand where [talk of stagflation] is coming from," he said.

He said he doesn't see "the 'stag' or the 'flation.'"

From: johndoe
03-May-24
[url=https://theusamovers.com/]here[/url]

From: johndoe
03-May-24
[url=https://theusamovers.com/]here[/url]

04-May-24

Altitude Sickness 's Link
Turns out we conservatives Have been wrong.

Biden does have a solid economic team behind him. And everything will be fine.

04-May-24
Bernstein is an expert in economics. :>)))) Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass with Orin O'Brien. Throughout the Eighties Jared was a mainstay on the jazz scene in NYC. He also earned a Master of Social Work from Hunter College as well as a DSW in social welfare from Columbia University's school of social work

04-May-24

Altitude Sickness 's embedded Photo
Altitude Sickness 's embedded Photo
“And today? “Right now we have 3% growth, and we have inflation at 3%,” Powell said.”

From: bigeasygator
04-May-24
“Bernstein is an expert in economics”

Haven’t you been following the thread, Altitude? Education, degrees, on the job experience…apparently none of that matters. What matters is how you and your neighbors feel. Those apparently are the real experts.

“And today? “Right now we have 3% growth, and we have inflation at 3%,” Powell said.” March data:

CPI core - 3.9% CPI - 3.5% PCE core - 2.9% PCE - 2.7%

2023 GDP - 2.5%

What is laughable about what Powell is saying, Altitude?

04-May-24
Did you watch the video of Bidens chief economic advisor ?

And his education?

04-May-24
I’m buying tools, equipment and gear every day. I don’t need charts and graphs to tell me how much more I’m paying for these products this week, than I was one or three years ago.

From: bigeasygator
04-May-24
“Did you watch the video of Bidens chief economic advisor? And his education?”

I don’t need to watch that video on Bernstein to know he’s not really economically savvy. I’ve seen enough of him on CNBC to know. My comment above was sarcasm. Yes, degrees, education, and real life work experience matter. Though apparently there are plenty of people on this board who think they don’t. Bernstein has a PhD in social welfare and it shows every time he opens his mouth.

“I’m buying tools, equipment and gear every day. I don’t need charts and graphs to tell me how much more I’m paying for these products this week, than I was one or three years ago.”

That’s not what Powell was commenting on. He was commenting on current inflation. Again, inflation is not the same thing as prices.

04-May-24
I don’t care what academics call it BEG.

The current flavor is to spin high prices and inflation as good because it means a strong economy.

I’ve seen many good and poor economies over the last five decades and you can have a strong economy without inflation so I’m not buying the spin that inflation means we’re in a strong economy. Our margins have declined drastically in the last several years

This is a very thin silo economy. Several stocks are holding the whole market up as in several private sectors are holding the economy up, but many are struggling with the margins.

From: TonyBear
04-May-24
I was at my daughter's graduation recently and the main speaker was a Bemidji State Alumni now working for MFS a world-wide investment firm(625 billion). As the current chair, CEO his basic point was that he was a middle-class kid (1 of 6) who needed public assistance to finish college. Lives and works in Boston and the east coast dealing with MIT, Harvard, Cambridge, Columbia execs and business partners all the time.

No protestor idiots at the college while we visited there. As an alumin has made financial contributions helping about 110 students attend college. Probably a lot more efficient than the govt. taking over that process.

I'd rather listen to someone like than anyone the Biden far left Admin would bring in from the Ivy League schools of thought..

Meanwhile, Rep Omar was out East being her usual idiot. Ms Omar said: “We should not have to tolerate antisemitism or bigotry for all Jewish students, whether they are pro-genocide or anti-genocide.” There is now a proposal to censure her. As you recall was kicked off the Foreign Affairs Committee for being a racist anti-Semitic idiot. Also has the infamous quote of "... just because some people did something" as a reference to the 911 attacks.

After the celebration we were able to go to a restaurant and have a local meal for about 200 bucks. Yeah, inflation is hitting small towns, hard.

From: bigeasygator
04-May-24
“The current flavor is to spin high prices and inflation as good because it means a strong economy.”

If you’re a partisan, that’s what you’re doing. Same on the other side. The reality in terms of what it means is much more of a mixed bag, and that’s the point.

Everyone understands the drag of higher prices. Everyone understands the drag of higher interest rates. The reality is that the health of the economy is measured by multiple metrics that need to be viewed both individually and on balance. And even numbers that “look bad” or “feel bad” can often times be a signal of underlying strength. For example would you say demand driven price increases are good or bad??

Everyone seems fixated on the impact of a singular metric as proof that “the economy sucks.” They ignore the trajectory of the trends. They ignore the root causes. They ignore the other metrics that suggest things are strong or trending in the right direction.

I came across a Pew poll the other month that speaks exactly as to why. When polled, 44% of Democrats replied that the economy was “excellent” or “good.” Only 13% of Republicans characterized the economy this way. I don’t for a second believe that these two groups of people are somehow experiencing a different economy. To that end, it’s pretty clear that people aren’t really looking at the data on balance. They’re regurgitating myopically derived partisan talking points. They stop at the headline and look no further.

From: bad karma
04-May-24
Last Thursday, the Bureau of Economic Analysis released its advance estimate for 2024’s first-quarter real GDP growth. At 1.6 percent, it is the worst quarterly performance since the economy contracted by 0.6 percent almost two years ago in the second quarter of 2022. This was a growth level one-third below economists’ expectations of 2.4 percent. It is also a precipitous drop from 2023’s fourth quarter rate of 3.4 percent and 2023’third quarter rate of 4.9 percent.

This slower growth comes on the heels of higher inflation. The March report on overall prices showed the Consumer Price Index for all Urban Consumers rose 3.5 percent over the last year — 3.8 percent when core inflation (minus food and energy) was considered. That figure was higher than any since September 2023 and marked the third consecutive monthly increase.

Then on Friday, came more bad inflation news, this time on personal consumer expenditures excluding food and energy. This is the Federal Reserve’s preferred inflation gauge, and in March it rose 2.8 percent compared to a year ago — the same as in February and above expectations.

This jujitsu juxtaposition of higher inflation and lower growth must not be underestimated. Gone is the charade of someone who has effectively never worked in the private sector telling working Americans how good the economy is. Joe Biden, who loves to harken back to blue-collar Scranton roots, should have known better. Americans now do.

There is but one real measure of the economy for them: Am I putting more on my family’s table? Inflation’s insidious impact is its cumulative effect. Just because inflation’s rate of increase slows (which it isn’t) does not mean its past effect is wiped away (which it’s not). Now the economic growth that the administration hoped would at least outstrip inflation’s increase — and reverse some of that cumulative effect — is not.

The expectation has been for some time that there would be a soft landing from inflation’s lofty heights. The Federal Reserve would begin cutting its interest rates and the slowing economy would pass the baton to lower interest rates that would keep the economy from falling too far. It was the proverbial economic unicorn. And it was going to be seamless.

However, Biden’s high inflation — spurred on by his profligate spending over three-plus years, has given the Fed no opening to begin lowering rates. Expectation has given way to hesitation. Now, rate reductions are not expected for months (if at all this year).

Biden does not have months to spare. He has six — total — before November. While six may be a lifetime in politics, it is just two quarters in economics. It is the difference between chronological and geological time. Economists can wait; politicians cannot.

Biden’s trajectories leading into these six months are not good. Excessive inflation continues. Could it stay high longer — or even go higher still? The economy is slowing. Quickly. Could it go lower still — perhaps even negative?

The stock market was stoked for months by its rate-cut expectations. When these have not come, it refocused on an unexpectedly strong economy — just recently its evidence appeared to be strong corporate earnings reports. Last Thursday’s GDP report argues the economy is no longer strong. Where do the markets look now for reassurance against money being withdrawn from them?

Biden is already down in the polls. According to Real Clear Politics’ average of national polling, his overall job approval rating is just 40.1 percent. His approval rating on the economy is lower still: just 39.4 percent.

Both ratings were compiled while the administration and much of the establishment media said Biden’s economy was good. Now that the data say otherwise, where do those Biden ratings go? Already voters see the recent upswing in prices; soon, they are likely to feel the economy slowing.

Facing these, Biden has few solid options. He has no prospect of getting more spending through Congress — the crutch he has used throughout his presidency, and which helped spike the still persistent inflation. He can, and undoubtedly will, try to curry favor with more targeted giveaways — sector-specific rules and regulations and student loan forgiveness.

But these do not have impacts as broad as the economy itself. There is a reason the economy is the most important political variable: it affects everyone.

Perhaps it is too early to call two reports stagflation. Two data points are a snapshot, not a trend. But their contents — high inflation and low growth — are precisely what stagflation is if they continue.

Biden has six months to see if they will be.

J.T. Young was a professional staffer in the House and Senate from 1987-2000, served in the Department of Treasury and Office of Management and Budget from 2001-2004, and was director of government relations for a Fortune 20 company from 2004-2023.

From me:

Everyone seems fixated on the impact of a singular metric as proof that “the economy sucks.”

KM: Not everyone. The author of that statement, for one, either does not understand or does not care.

They ignore the trajectory of the trends.

KM: Inflation has had one trajectory for the past 3 years. Growth is trending downward...oops, that's two variables.

They ignore the root causes. They ignore the other metrics that suggest things are strong or trending in the right direction.

KM: Inflation and massive increases in government regulation are two root causes of increased prices. Ford is losing $120k per electric vehicle. That's being paid for by folks buying F-150 pickup at $90k.

KM: Yes, we now owe more than $100k per man, woman and child in the US in the form of the federal deficit. That trend is "strong" in the wrong direction since the US is borrowing a trillion dollars every 100 days.

I know math is hard, but that's more than one variable.

From: bad karma
04-May-24
Oh, and here's the really good news. If Biden does his unconstitutional student loan "forgiveness" scam, your tax dollars will go to pay the bills of students who are protesting that they want to kill Jews. That trend is going in the wrong direction, too.

From: Beendare
04-May-24
Good news for Illegals; Biden democrats just changed the rules on Obamacare….and many illegals can now get healthcare, paid for by Taxpayers.

Buying votes with freebies…thats what the Dem party has become.

From: bigeasygator
04-May-24
“Not everyone. The author of that statement, for one, either does not understand or does not care.”

You’re right, bk. I look at a whole host of metrics and look at how they are performing on balance in forming my opinions, not just one. I do not care to form in an opinion based solely off one piece of data.

“Inflation has had one trajectory for the past 3 years. Growth is trending downward...oops, that's two variables.”

Which is exactly what you’d expect. This is exactly what the soft landing the Fed is trying to accomplish. Lowering interest without cooling the economy too far. Higher interest rates are going to do both. Not sure what point you’re trying to make.

“ KM: Inflation and massive increases in government regulation are two root causes of increased prices. Ford is losing $120k per electric vehicle.”

Which also includes capitalized costs like R&D and manufacturing enhancements. Hardly a surprise they’re showing a per vehicle loss at the moment. But it should give pause to anyone pushing for faster EV adoption.

“Inflation and massive increases in government regulation are two root causes of increased prices.”

As are strong consumer demand and strong spending, as were massive supply chain disruptions from the pandemic, in addition to the massive increases in government spending by the last two administrations.

From: KSflatlander
04-May-24
BEG- some people are just happier purposefully living in ignorance. Screw the real root cause just go with whatever feels right regardless of evidence. They knew who to blame in 2020.

Some people are just happy taking the blue pill. It's easier that way. That's how you end up in a cult. Many here are worshipping a mere mortal man who has completely conned them. It's best not to dig too deep when in a cult.

Altitude- agreed a musician shouldn't be an economic advisor but where were you when WWE took over the department of education? Crickets...

04-May-24
Where was I. Calling for the elimination of the Department of Education. And I’m still calling for it. Privatize education, drive competition. Allow inner city kids a proper education. Let them escape the liberals prison of public education that holds them in perpetual poverty. That’s where I was and am.

Biden’s mouthpieces imply that. Inflation has lowered. Like it’s a static equation. The rate of Increase has lowered so all is well.

Inflation is not a static number. It’s more like fire. Just because it is dying down or gone out does not undue the damage left behind.

That takes years or a decade to repair.

Your talking points are wearing thin gentlemen

From: KSflatlander
04-May-24
That's it. Stay with the blue pill.

Take care

From: bad karma
04-May-24
Altitude Sickness, don't stop with the Dept of Education. Add the Dept of Energy. NPR. And Trump's goal of removing two federal regulations for every new one is a good goal. The federal government should not be telling me what car to buy nor telling me what equipment it should have. That adds significant cost. Etc, etc.

From: Nyati
04-May-24
Federal education department and NPR should go. Education is a states issue and NPR is a joke

From: bigeasygator
04-May-24
“Inflation has lowered. Like it’s a static equation. The rate of Increase has lowered so all is well.”

This is borderline unintelligible. A static equation?? That term has no meaning, particularly in the context of where it’s written. Guessing you haven’t taken a micro- or macroeconomics class, eh Altitude? Lowering inflation has been the primary goal of the fed for the last two years, so seeing significant progress on that is - indeed - good; especially in light of the fact that thus far we have avoided recession and significant impacts to jobs. It also doesn’t mean the work is done nor does it mean that we’re out of the woods with regards to missing the “soft landing.”

“Inflation is not a static number. It’s more like fire. Just because it is dying down or gone out does not undue the damage left behind.”

Here’s a question for you, if inflation goes up 5% and my wages go up 10%, how much damage was done?

“That takes years or a decade to repair.”

How are you measuring “repaired”?

04-May-24
KS flat lander

Can I assume from your childish. Nonsensical remark. That your good with the current education system.

And all for continuing to keep inner city kids in poverty. No proper education. Due the corruption of the teachers unions being more concerned with politics than educating minorities.

From: bad karma
04-May-24
"Here’s a question for you, if inflation goes up 5% and my wages go up 10%, how much damage was done?"

Plenty, to people on fixed or low incomes. Sorry you do not care for "the common people. "

From: Beendare
04-May-24
Doesn't it give you a warm and fuzzy knowing that taxpayers are funding the Liberal Ideology in the universities? Its unbelievable

Federal funding of universities, 2023:

Columbia: $1.2 billion Penn: $955.6 million NYU: $805.5 million Yale: $776.8 million Cornell: $736.2 million Harvard: $676.1 million UT Austin: $645 million Berkeley: $451.4 million Princeton: $403 million GWU: $200.2 million

From: Beendare
04-May-24

Beendare's embedded Photo
Amen to that
Beendare's embedded Photo
Amen to that

From: bad karma
04-May-24
Spot on!

From: KSflatlander
04-May-24
I think you get out of education what you put in it at any state university in the country.

Altitude/Beendare- have you been to college?

04-May-24
this explains bidenomics quite well...

From: bigeasygator
04-May-24
“this explains bidenomics quite well...”

Bernstein does as well explaining monetary policy as Trump does explaining tariffs.

05-May-24
KSflatlander, I went straight into the Navy from high school. And retired from the Navy.

Hung up my fins and went into a completely different field after the Navy

have had to take college courses but I do not have a degree.

The point I was trying to make is the K -12 government education system. And how it imprisons minorities to a life of poverty because many leave the 3rd grade without knowing how to read yet. But for some reason liberals and teachers unions fight against reform, vouchers and privatization. The single best thing we can do for inner city minorities is give them a good education. We could then actually reduce poverty. But after 60 years it’s apparent that the Democrat Party actually does not care for minorities well being.

Your point?

From: CaptMike
05-May-24
The nemesis of liberals is education. Only illiterates can go through life being happy with the spoon-fed tidbits their keepers toss to them.

From: bigeasygator
05-May-24
“I went straight into the Navy from high school. And retired from the Navy.”

That explains your musings on the economy, Altitude.

Thanks for your service.

From: Catscratch
05-May-24
Thank you for your service Altitude!

From: Nyati
05-May-24
And here it goes. The left accusing the right of being uneducated. IDK, it seems that it somehow makes them feel superior. Some of the smartest and most successful people I know never set foot in a college or university, and some of the dumbest people with zero common sense have college degrees.

It looks like some universities are making kids dumber each day they attend .

I think education is a great thing but I think it’s really important in todays climate to really dig into where you go to get your degree and do the research and get a degree in a marketable field.

A plumber or HVAC technician is going to have more opportunity and financial well being than someone with a PhD in Elizabethan literature unless u get a spot on Jeopardy.

From: KSflatlander
05-May-24
Thanks for your service Altitude. I sincerely mean that.

So basically you're taking Fox News' (right wing nut news) word that colleges are evil empires manufacturing the woke and liberal. Elementary and high schools are controlled by local school boards. If you want to do something about it then run for school board.

"The nemesis of liberals is education. Only illiterates can go through life being happy with the spoon-fed tidbits their keepers toss to them."

LMAO. Again with the Trumper bubble. It ain't the left encouraging student not to get more educated. It true today as when you were 18. College graduates still make more $$$ than people with only a high school diploma. It's you living in an alternate reality.

CaptMike- did you go to college?

Kind of strange that the more you learn about the world the more liberal the views. Right nut conclusion is that college pumps out liberals by design. Never once believing views of the world can change once you start learn the root cause of issues.

As a liberal. Stay in school kids. Don't listen to the right wingers bagging on college. I know this cause I sent 3 of 5 of my kids to college and they graduated with no debt.

An educated public is essential to long lasting democracy. Be very leery of anyone who says otherwise.

From: KSflatlander
05-May-24
Nyati- right on time.

That average salary for a literary degree is $60-80K some make in the six figures. If that's your passion then you can make enough to live on. Depends on what makes someone happy. Maybe unclogging drains doesn't make them happy and they can make just as much with a literature degree.

Maybe if your life experiences always outweigh science and data then maybe you need to experience more...cause it's moving you to the wrong correlation and not the root cause. It maybe be right for you but not everyone.

From: KSflatlander
05-May-24

KSflatlander's Link
"The evidence that a college degree significantly improves one’s employment prospects and earnings potential is overwhelming. Bachelor’s degree holders are half as likely to be unemployed as their peers who only have a high school degree and they make $1.2 million in additional earnings on average over their lifetime. Analyzing outcomes data from over 30 million students, a group of economists also found public universities offer the greatest upward economic mobility."

Don't listen to those that are stuck with there anecdotal evidence as more than reality.

From: bigeasygator
05-May-24
“And here it goes. The left accusing the right of being uneducated.”

That was actually CaptMike accusing liberals of being uneducated. I merely questioned how much actual education Altitude had in economics based on the nonsensical points he was making. He confirmed my suspicion.

The reality is there are uneducated people on both sides of the aisle. The reality is plenty of smart people don’t have a formal education. The reality is if you’re going to try and make a point and your point makes no sense, be prepared to get called on it - regardless of what your background is.

“A plumber or HVAC technician is going to have more opportunity and financial well being than someone with a PhD in Elizabethan literature unless u get a spot on Jeopardy.”

That’s not the issue anyone is arguing. The issue is when the HVAC technician or the PhD in Elizabethan literature claims to know more about topics they have no training, education, or real world experience in. That behavior is rampant - both here on this thread and in the real world.

From: Nyati
05-May-24
Flat lander, it’s not all or none. Yes, a good number of college graduates go on and do well. It all depends on what degree u get and if you want to apply yourself. But a lot of college graduates get advanced degrees that is never going to be a field where they will be successful. They come out with a degree, 200,000 in debt , and end up working in an unrelated field that is never going to allow them to pay back their student debt. They they cry to Biden to forgive their school loan debt .

From: bigeasygator
05-May-24
“But a lot of college graduates get advanced degrees that is never going to be a field where they will be successful.”

How many? How are you defining success?

From: Nyati
05-May-24
IDK how many. It’s happened to several people I know and at least one family member. Fortunately the family member realized they screwed up and went back to school and became a physician assistant. He’s doing a lot better than when he got a 4 year degree in film and spent a year trying to find a job while being a waiter in a restaurant.

Success can be defined in many ways but I think at least the basics, moving out of your parents house, buying your own food, paying off the loans that you signed the contract for is a good start .

From: bigeasygator
05-May-24
“IDK how many.”

“A lot” went to “IDK how many” real quick.

“It’s happened to several people I know and at least one family member.”

More of that “I know people” analysis that’s so common around here.

“Success can be defined in many ways but I think at least the basics, moving out of your parents house, buying your own food, paying off the loans that you signed the contract for is a good start”

And I would figure out how many people are actually in this boat before I claimed it was “a lot of college graduates.” Pretty sure data shows that people without college degrees live with their parents at 2-3x the rate that people with college degrees do.

From: Nyati
05-May-24
MONEY PERSONAL FINANCE 50% Of Millennials Are Moving Back Home With Their Parents After College Zack Friedman Former Contributor CEO, Mentor (mentormoney.com). Bestselling Author,

From: bigeasygator
05-May-24
Millennial college grads?? How old is that headline??

And these people are not paying for basics and not paying their student loans, Nyati? Or are they doing it to save some money on rent so that they can afford to do all those things (pay off loans, save for retirement, save for a house, etc).

From: Nyati
05-May-24

Nyati 's Link

From: Nyati
05-May-24

From: Nyati
05-May-24

Nyati 's Link
that was a few years ago. Here is a more current one. I would argue with the recent upswing in interest rates which will add hundreds if not more to housing casts as well as most banks requiring +/- 20% down it’s unlikely the percentage has gone down

From: bigeasygator
05-May-24

bigeasygator's embedded Photo
bigeasygator's embedded Photo
That’s what I thought. It’s 8 years old. You’ll be happy to know that only 16% of millennials live at home with their parents now.

Here’s a little more from Pew in that same time frame. While many college grads move into their parents’ house out of college, it’s clear from the data it is a much less pervasive and much more temporary situation than for those without college degrees.

05-May-24

Altitude Sickness 's Link
KS flat lander You made my point for me. The majority of Inner cities failing schools are in Democrat run states, Democrats run cities and have Democrats on the school boards, and have Democrat state governance of education policies.

But like Baltimore. You can blame Fox News if you like.

By the way I have earned more than 5x the average Decorate salary for several decades now. And now over 8x their annual salary. All without a college degree. :>))))

From: Catscratch
05-May-24
What sucks about that graph is how steep it is for all 4 groups since 2020.

From: Nyati
05-May-24

Nyati 's Link
You complain about me putting 8 yr old data out then u follow it up with 10 yr old data.

It’s one thing for someone that didn’t go to college to live at home a few more years to build some income to go out on their own. It’s another for someone that has been in college 4-8 years to move back home. College is supposed to teach a kid to prepare for the real world. Living away from home, being independent, and hopefully be able to get a job that will turn into a career and allow them to be self sufficient

From: Beendare
05-May-24

Beendare's Link
Speaking of Universities and answering the question; What happened? Liberal Progressive Dem policy happened!

Many Universities have become bastions of liberal progressive ideology- one would have to be blind not to see that. Thats not MAGA Conservatives raising the Palestinian flag on Campuses. There are literally professors preaching these LP ideas- and we wonder why we have a huge % of young adults that are uneducated? The Dem party sanctions and nurtures this Ideology. Thanks Democrats.

The Dem party in an attempt to harvest votes from the special interest group defied the Supreme Court to pay off student loans of this lower echelon of students- the Dem base- a clear slap to anyone that worked to pay for their own schooling. Fair? Heck no.

Many universities are reaping what they sowed with their DEI policy- in fact, some of it is blatantly illegal- but they do it anyway in the broken Democrat run system.

It's clear, Rules and fairness doesn't matter to Dem politicians- burn the constitution and Bill of Rights- their agenda and pandering to groups like the ones we see in the news who support Hamas is more important.

From The Epoch Times article by James Breslo at link; In 1996, Californians voted, 55 to 45 percent, to ban the use of affirmative action in admissions to state schools and in state employment. In 2020, Californians voted to maintain the ban by an even wider margin, 57 to 43 percent. Last year, the United States Supreme Court struck down college affirmative action policies on the grounds they violate the Fourteenth Amendment’s Equal Protection Clause.

The clear message from the people and the Court is that admission should be based upon merit. But those running the University of California (UC) maintain their obsession with race and “diversity, equity, and inclusion” (DEI). They are undeterred in their mission to enforce equity via affirmative action. Rather than complying with the law and the will of the people, they search for loopholes to achieve the racial balancing they deem ideal for the shaping of society.

It is really incredible and the height of arrogance that California’s preeminent public university continues to fight against the will of its people. The Academic Senate asserts that “as a state public institution, the UC is obliged to create a student body that is representative of the demographic profile of California.” UC has even placed a Vice Chancellor of Diversity, Equity & Inclusion, overseeing an entire department, at each campus to ensure this.

That sounds nice, the only problem is Californians have twice voted against it, and the discrimination required to achieve it is unconstitutional. But when you are on a cultish mission to create your utopian vision, those are minor inconveniences. ______end of C&P_________

This same racial profiling and preaching LP ideals is happening all across the country.

The clear message; When the Democrats are in charge- the system of fairness, the Constitution and Bill of Rights doesn't matter.

From: bigeasygator
05-May-24
“You complain about me putting 8 yr old data out then u follow it up with 10 yr old data.”

I said pretty clearly the Pew data was from the same timeframe as you posted. Paints a bit more of a complete picture.

“It’s one thing for someone that didn’t go to college to live at home a few more years to build some income to go out on their own. It’s another for someone that has been in college 4-8 years to move back home.”

Why? Why on Earth would you expect things to be easier for someone that likely hasn’t been working for 4-8 years and who has possibly compiled student debt during that time?

“College is supposed to teach a kid to prepare for the real world. Living away from home, being independent, and hopefully be able to get a job that will turn into a career and allow them to be self sufficient.”

And it does all those things. Just because someone decides to move back in with their parents - parents who are overwhelmingly likely to welcome them back - to save some money while they get their life established post-graduation doesn’t mean that college didn’t prepare them for the real world.

You paint a picture that there are “a lot of college graduates” who waste their time at college, come home to freeload off their parents, and ignore their student loan obligations. The reality is that the above is a tiny fraction of people that have graduated from college.

From: Beendare
05-May-24
So many examples of Liberal Progressive Democrats in our school system, The president of St Louis board of Alderman is just one example;

St.Louis BOA President Megan Green leads protests [photo of her at protest didn't copy].

She was caught holding 2 teaching jobs at 2 St.Louis Colleges on how to be activists. The City pays her $90K a yr for a full time BOA Pres ! She was fired from Wash U. this week. In retaliation for being fired, she set this up. pic.twitter.com/RD4E3ZlOJK _____

Meanwhile in Chicago; Deported terrorist Sami Al Arian was invited to speak to the Hamas-endorsed anti-Israel protesters at the University of Chicago.

Al Arian, a former University of South Florida professor, was indicted in February 2003 on 17 counts under the Patriot Act. A jury acquitted him on eight counts and deadlocked on the remaining nine counts. He later struck a plea bargain and admitted to one of the remaining charges in exchange for being released and deported. He was deported to Turkey on February 4, 2015.

Al-Arian was accused of aiding terrorists. In February 2003, he was charged with racketeering for Palestine Islamic Jihad (PIJ). Al Arian's wife spoke to the crowd at the recent protests.

From: bigeasygator
05-May-24
Beendare did you go to college?

From: Nyati
05-May-24
What difference in a community forum does it matter if someone went to college or didn’t go to college ? Everyone has a right to their opinion based on their knowledge and life experiences .

As for college graduates coming home to live after college. I would hope that they received a marketable degree and skill set. I would think that most (not all, depending on where they live) would be hampered by living in one place. College degrees should be marketable nationwide and tying yourself to one locality probably decreases the marketability of your degree and skill set.

From: KSflatlander
05-May-24
Altitude- do you think that poverty is a much bigger problem with inner city education than what party? Good grief man look past your nose.

There you go again with correlation is causation. How are the inner city schools in the 25% of major cities run by Republicans? They are all accredited and working great right. I mean that's what you are inferring.

Altitude- nobody asked you how much you make but how is that anything but anecdotal? You can go cherry pick stories all you want. It doesn't change the collective data. Proves zilch.

I don't mind privatizing schools as long as the American people and school boards set the curriculum and we have national standards.

05-May-24
BEG, you are showing an amazing level of arrogance and ignorance.

To assume college somehow makes someone more knowledgeable or intelligent.

Exactly what are you arguing in favor of. Or against. How about we conservatives just submit to your superior intelligence, education and wealth from being a fossil fuel industry employee.

And we admit the state of our nation is better off under Democrat rule since they are clearly more enlightened and “educated”. Like Bidens chief economic advisor. I wonder how many degrees he has ?

:>))))) hilarious

From: KSflatlander
05-May-24
"Everyone has a right to their opinion based on their knowledge and life experiences ."

But in college you learn that correlation is not causation.

Even if you get a college degree, it often takes time to break into the industry. BS. It is proven that college educated people have more opportunity and make more on AVERAGE than high school grads. Full stop. It's 100% fact and your anecdotes don't change that. But keep throwing them out there like one persons experience trumps facts.

From: bigeasygator
05-May-24
“What difference in a community forum does it matter if someone went to college or didn’t go to college ?”

Because it generally seems as those most vocal about bashing education have the least of it in my experience. Seeing if that holds up here.

“Everyone has a right to their opinion based on their knowledge and life experiences.”

Who said they don’t? It’s also nice to know where people get their knowledge and what experiences they’ve had in forming their opinions.

From: KSflatlander
05-May-24
What's arrogant is that you and Altitude probably go around telling young people that college is bad. That arrogance.

I'm arguing against you say college is bad. It's not and the numbers prove it.

Must be nice to blame all of Americas problems on roughly half of your fellow Americans. More arrogance.

From: bigeasygator
05-May-24
“BEG, you are showing an amazing level of arrogance and ignorance.”

Because i don’t think college is a waste of time and I have the data that backs that up? Ok.

“To assume college somehow makes someone more knowledgeable or intelligent.”

And I’m the ignorant and arrogant one. Lol I think it’s pretty ignorant and arrogant to assume it doesn’t, especially from someone who has never been. And no, that doesn’t mean it’s the only way to gain knowledge or intelligence.

“How about we conservatives just submit to your superior intelligence, education and wealth from being a fossil fuel industry employee.”

I don’t think y’all are conservative at all, Altitude. I think y’all are all part of this populist, authoritarian MAGA movement that has taken over the Republican Party and is anything but what I’d consider conservative.

Regardless, I’m not asking anyone to “submit” to anything. I like talking about the economy and I like debate. And I see what I view as a lot of poorly reasoned arguments on here that I take issue with. Last I checked these forums were meant to be a free exchange of ideas.

05-May-24
Please read all of my posts and show me where I said a college education was bad :>)))

From: 70lbDraw
05-May-24
“Meanwhile in Chicago; Deported terrorist Sami Al Arian was invited to speak to the Hamas-endorsed anti-Israel protesters at the University of Chicago.”

“I don't mind privatizing schools as long as the American people and school boards set the curriculum and we have national standards.”

And who will lead that curriculum, and set those standards? The teachers unions? How many immigration laws are you willing to ignore to achieve these “standards”?

It starts in grade school. Chicago teachers union has demands. Even though Chicago schools have a success rate of less than 25%, they still demand raises, freebies, abortions, cash cards, and tax draining sluff accounts for illegals. The union president called ‘school choice’ racist, as see sends her kids to a private school.

I have yet to see any conservative groups advocating stupidity and extortion by compromising the education level of every child that goes thru the system.

Funny how capitalism is bad a bad thing, right up until it shines its light on union wages!

From: Catscratch
05-May-24
"Last I checked these forums were meant to be a free change of ideas."

What a great typo!!! As I don't think anyone is changing ideas!

From: bigeasygator
05-May-24
lol fixed Catscratch.

From: KSflatlander
05-May-24
"And who will lead that curriculum, and set those standards? The teachers unions? How many immigration laws are you willing to ignore to achieve these “standards”?"

The national and state school boards set the standard. Novel idea. That way when someone gets a degree in one state it means the same thing in another. Imagine that.

"To assume college somehow makes someone more knowledgeable or intelligent."

There you go Altitude. You have a negative view towards college. If someone went to college won't they have more knowledge and critical thinking skills within and outside their field of study due to those minimum standards. Your words sure sound like you think college is bad. It's turning everyone into liberals LMAO. Maybe conservatives should be stronger minded and not so easily swayed in college. Lol.

Would you recommend that high school graduates get a college education or not? Regardless of the degree. In general, is college a good thing?

From: bowhunt
05-May-24
You guys are almost to a month of arguing about the same s*+t over, and over, and over on this thread!

You can do it!!!!

:)

From: 70lbDraw
05-May-24
“You guys are almost to a month of arguing about the same s*+t over, and over, and over on this thread! You can do it!!!!

:)”

Your support and contribution, no mater the size, is greatly appreciated!

From: bowhunt
05-May-24
Thank you!

I’m enjoying the thread

From: DanaC
05-May-24
" Your support and contribution, no mater the size, is greatly appreciated! "

that's what she said...

From: Nyati
05-May-24
BEG, I’ve got a 4 year BS in biology and chemistry, 4 years of medical school and 3 years in an emergency medicine residency. 11 years education post high school. I didn’t spend my days off golfing at the country club. I bought a farm in a farming county and spend my time on a tractor. The farmers I spend time with at the local gas station/ restaurant never went to college but 99% of them have more common sense and real world practical knowing than half the people I went to college with.

Whether or not correlation is not causation is taught and learned in college is up for debate. In real life there are examples of both. Sometimes there’s a correlation between 2 events and something there’s not. But if u assume there’s not then you’re going to overlook that there is in a number of situations.

From: Beendare
05-May-24

Beendare's embedded Photo
Beendare's embedded Photo

Beendare's Link
Oh the arrogance and hypocrisy of you Dem excuse makers. I footnote almost every post with the facts- and you stick your heads in the sand.

Its laughable that you claim to be educated when you cannot see the facts right in front of you…. but then call me out with genetic fallacy arguments.

No surprise, the whole Dem party is based from fallacious arguments like their Climate policy.

Not one of you Dems has addressed the horrible policy and puppetmasters pulling the wool over your eyes- Politico HAS- at link.

From the article: The donors (of the college protests) include some of the biggest names in Democratic circles: Gates, Soros, Rockefeller and Pritzker, according to a POLITICO analysis.

From: spike78
05-May-24
Yeah college is the greatest scam of our lifetime go to a University and have a 150k bill for the rest of your life on top of a mortgage, car, etc. Just what the government and banks ordered. Go to a trade school and get ahead in life. And by the way guys hate to depress you but if Biden loses we still are screwed forever just like we always were. Wake up!

From: Nyati
05-May-24

Nyati 's Link
It’s good to see Chicago teachers Union concerned about more money, abortions, woke policies, and illegal immigrants .

With only 21 % of 8th grade students proficient at reading it would be nice if they cared a little bit more about their students

Chicago teachers' $50B demands include pay hikes, abortions, migrant accommodation

From: bigeasygator
05-May-24
“The farmers I spend time with at the local gas station/ restaurant never went to college but 99% of them have more common sense and real world practical knowing than half the people I went to college with.”

“Common sense” and “practical knowledge” is great. There’s also a difference between “common sense” and “intelligence.” Having one is no guarantee you possess the other.

“Whether or not correlation is not causation is taught and learned in college is up for debate”

Not following. The concept of correlation is not causation is taught well before college. If you’re arguing that sometimes correlation does suggest causation, that’s true. There’s more involved in showing causation than just correlation, and that’s the point of the phrase (probably more accurate to say “correlation does not always equal causation”). Most people understand this, and anytime the phrase is used it’s to suggest that you've done a poor job arguing causation.

From: bigeasygator
05-May-24
“I footnote almost every post with the facts- and you stick your heads in the sand.”

Funniest thing I’ve read on this thread lol

“Not one of you Dems has addressed the horrible policy and puppetmasters pulling the wool over your eyes- Politico HAS- at link.”

Oh my. Newsflash. There are rich people and organizations in the world funding partisan actions of various political operatives. Stop the presses.

What do you want to hear Beendare? I don’t support the protestors, their positions, or their actions. I also don’t really care, frankly, about their actions or who is funding them. IDGAF about extremists on either side of the aisle.

From: KsRancher
05-May-24
This doesn't have anything to with the economy. But with you guys talking about education, common sense and intelligence. I only have a high school degree. And I am sure Jason and Ryan will disagree with me on this.

I will start with saying I am all for vaccines. My kids get them all. We all got the covid vaccine. When my wife was pregnant her OB Dr encouraged the whole family to get the whooping cough vaccine. When all went in and got it. My oldest was 16yrs old. He got his and was fine for a few minutes. Then he said "I am going to go to the bathroom". He made it about 30ft then passed out. Hit the floor and absolutely crushed his nose. Took 2 surgeries being put under, 6 office awake procedures and a pile of office checkups to get it all taken care of over a 9 month span.

But from the day he got that shot it was nothing but a nightmare for the next 4 months. Symptoms like I have never seen before. He would pass out randomly. One night I heard a loud bang in the bathroom. I went in there and he was lockup up tight having a seizure leaning up against the bathroom counter. One night I found him sitting on the floor naked flat out soaked in sweat. He wasn't even hardly coherent. We hauled ass the ER. We went lights out as we were pulling into the ER. I carried his limp body in there. He had to have someone with him at all times. He had a cow bell by his bed. If he needed to get up for some reason he would ring it so I could be with him. His buddies at school had to be with him at all times. Walk him to the bathroom and stand beside him, etc. It was absolutely horrible as a parent to watch. We took him to more doctors than you could imagine. They would run test and draw blood. Every doctor said he was healthy as could be, nothing the matter with him. It was getting to the point my wife and I were getting really worried about his mental health because he was having a hard time even getting thru everyday things. It went away and he is one healthy, fit young man.

The part that got to me the most. Every doctor had more "intelligence" than me. But not one of them would say that the vaccine he got had anything to do with any of his symptoms. They couldn't explain them. But knew one thing. That they weren't from the vaccine. I am all for doctors doing what they do. They are great. But sometimes a person has to sit back a think about things. There isn't one person in the world that will convince me that vaccine didn't do that to him. Again, I support vaccines. My little Macie is getting all hers.

I am sure someone will be along to tell me that this should belong over in my "conspiracy theory" thread.

From: Nyati
05-May-24

Nyati 's Link
It’s good to see Chicago teachers Union concerned about more money, abortions, woke policies, and illegal immigrants .

With only 21 % of 8th grade students proficient at reading it would be nice if they cared a little bit more about their students

Chicago teachers' $50B demands include pay hikes, abortions, migrant accommodation

From: 70lbDraw
05-May-24
“I don’t support the protestors, their positions, or their actions. I also don’t really care, frankly, about their actions or who is funding them. IDGAF about extremists on either side of the aisle.”

Translation: “I don’t care what our extremists are doing, as long as the other guys extremists, aren’t doing the things I disagree with.”

Fits right in with the way y’all view our justice system. No suprise!

From: bigeasygator
05-May-24

bigeasygator's Link
“Translation: “I don’t care what our extremists are doing, as long as the other guys extremists, aren’t doing the things I disagree with.””

Not very good at reading, are you? Not even close to what I said. Let me say it again, maybe your ears were blocked.

These individuals are nothing but extremists. I don’t agree with them. I don’t support them. When I say I don’t care, I mean they aren’t worth my time or attention.

Have been following my alma mater’s response to these protesters and think they’ve done a fantastic job on campus balancing the rights of all the students. Regarding the legitimacy or credibility of the protestors, our University president said it best “we just don’t negotiate with people who scream the loudest” and just because you’re the “smallest, angriest group” doesn’t mean you’re worth the attention (link above).

From: Nyati
05-May-24
Well of course, FL has a common sense law abiding , respectful former Republican Senator running the university. I would expect nothing less . Yes, I know he didn’t agree with everything Trump did. Most republicans didn’t agree with everything he did.

From: bigeasygator
05-May-24
Been a fan of Sasse’s for a long time. Don’t agree with everything he’s said and done, but I agree with 80% of it, including his opinions on Trump.

From: DanaC
05-May-24
" Sometimes there’s a correlation between 2 events and something there’s not. "

Absolutely. BUT, the core of the 'post hoc, ergo promptor hoc' fallacy is believing that correlation proves causation.

'B follows A' does not prove that A *CAUSED* B.

To use one common-these-days example, millions of people receive vaccinations all the time. A few get sick. That does not 'prove' that vaccinations cause illnesses. But a small fringe insist that the correlation 'proves' causation.

I don't even blame them. I blame the schools that failed to teach them rational, critical thinking.

From: CaptMike
05-May-24
lol! BEG and KS keep serving each other generous helpings of tossed salad. Sometimes difficult to know who is serving and who is eating. Thanks for the entertainment but listening to two recipients of frontal lobotomies gets old after a bit.

06-May-24
"I don't even blame them. I blame the schools that failed to teach them rational, critical thinking."

amen

however it shouldnt go without noting that the teachers in those schools...at all levels... are overwhelmingly of the same ilk.

liberal...progressive...woke...leftist...racist garbage in...

...liberal...progressive...woke...leftist...racist garbage out.

From: bigeasygator
06-May-24
Have you added a single post of substance to any thread you contribute to, CaptMike? You seem to be the living embodiment of the quote “strong minds discuss ideas, average minds discuss events, weak minds discuss people.” Nothing of value to add so better throw in some insults and personal attacks, eh Mike?

From: CaptMike
06-May-24
"You seem to be the living embodiment of the quote “strong minds discuss ideas, average minds discuss events, weak minds discuss people.” You are laughable. "Discussion" is something you only engage in to promote your ideology. But, you and the other salad tosser are people, aren't you??

From: bigeasygator
06-May-24
""Discussion" is something you only engage in to promote your ideology"

Gotta love it when basic microeconomic and macroeconomic concepts like supply and demand, monetary policy, economic shocks, etc become "ideology."

From: bluedog
06-May-24
"basic microeconomic and macroeconomic concepts like supply and demand, monetary policy, economic shocks, etc"

Only salad tossers believe in that kind of stuff

From: DW
06-May-24
O'Binenomics is an apt name. Will be his downfall most likely. Losing lots of demographics he got last time round. Jews, African Americans, Hispanics. Probably a good thing that many of the migrants are moving into the free stuff states as they will just stay democrat and they will pickup no more electoral votes all the while. They will sink further and degrade.

Trump will get 300 electoral votes as all he has to do is win what he did last time and win just one of the toss up states he lost. It has always favored him in this fight. He wins PA and he can loose a state he won and still take one other toss up and get to 270.

From: Beendare
06-May-24
Don't you just love the arrogance of these liberals?

What's so funny...they don't even realize it. They ignore all of the problems created by their policy....and keep forging ahead. All of the organizations sponsoring BLM, Marxism and these current protests connected to the party and policy they defend and what do we get from them- IDGAF.

Massive illegal immigration...judges whose family is raking in tens of millions ruling over political prosecutions....dangerous criminals put back out on the street.....we get it- you don't GAF and will continue to support the people wrecking the country.

From: Beendare
06-May-24

Beendare's embedded Photo
Beendare's embedded Photo
We have Maxine Waters [D,Ca] on MSNBC trying to distract us, saying that MAGA folks are training in the hills to overthrow the Government.....

While the liberal progressive professors and Students actually ARE disrupting the government with money from Democrat connected sponsors. [Did you see the trash those Climate Weinies that supposedly care about our environment left behind? disgusting]

I don't claim to be rocket scientist smart- but I can see when an entire political party is wrecking the country pulling all kinds of dirty tricks. Personally, I have lost all respect for people that cannot see that.

From: Nyati
06-May-24

Nyati 's Link
Gallup poll shows Biden has reached a new low in his economy polling numbers

Go Bidenomics !!

From: DW
06-May-24
Telling link Nyanti

Mr Joe'sephus is all but done. We shall see how fast 150 of this presidents actions, orders and policies are removed in a month or less. How fast economy reacts and companies start hiring, building, drilling, mining will be interesting. DW

From: bigeasygator
06-May-24
"How fast economy reacts and companies start hiring, building, drilling, mining will be interesting"

My guess is not much at all, Shawn. Unemployment and hiring is still too hot and the Fed wants more progress on inflation, so monetary policy will remain largely contractionary for the near future (even if we get a rate cut or two in that time), which will weigh on building (and growth in general). If you all expect lower commodity prices it certainly won't lead to more drilling and mining (especially as there continues to be a focus on costs and capital discipline within the industry).

From: Nyati
06-May-24
Deregulation can help speed up that timeline

From: bigeasygator
06-May-24
"Deregulation can help speed up that timeline"

What timeline? In the current environment, I would argue deregulation is expansionary and only adds to the challenges of the Fed.

That said, I'd also add that there isn't much regulation in place that Trump could undo that would move the massive machine of the US economy in a meaningful way. Monetary policy is the driving force at the moment, and the goal is to curtail inflation, not grow the economy.

From: Nyati
06-May-24
Energy policy might be one . Deregulation could decrease energy costs . I would argue that energy policy has been one of several inflationary policies that has lead to the need for current monetary policy.

From: akbow
06-May-24
I don’t weigh in often here but I do like reading liberal hunters defend their position. I don’t agree with most of them, but I do feel like I glean an insight into their thinking. Asking about education levels and inferring that anything less than a college degree somehow disqualifies the validity of their argument is pretty telling of how liberals view those without a college degree. I graduated with a BS in Civil Engineering in 94. It was a different time and yes it did help me get a leg up. However, I think times have changed and the degree would be less impactful today and much more expensive these days. I walked out with less than $30k in loans. Not insurmountable but still daunting at a time when my first job was $32k/yr. But times have changed and degrees have become more “watered down”. Colleges should be required to counsel students and give them some real life statistics when they choose a degree. Just having a degree may not mean much to prospective employers if it isn’t a particularly useful or didn’t prepare the student for the real world. Plenty of useless degrees that aren’t going to help these students. FWIW, I think if I was advising my 18 year old self in todays environment, I would get into a trade, learn the ropes, and start a business as soon as possible. There is going to be ample opportunity for trade workers in the near and long term for that type of person willing to work with good work ethic. Of course, that trade off means the liberal defenders wouldn’t take my opinions seriously without a BS. I’d be willing to make that sacrifice.

From: Michael
06-May-24
The thing about regulations is Biden has added or will be adding more regulations totaling 1.3 trillion dollars. Under Trump regulations we’re running into the negative category.

Larry Kudlo was just talking about this a few weeks ago.

From: bigeasygator
06-May-24
"I would argue that energy policy has been one of several inflationary policies that has lead to the need for current monetary policy."

And as I've pointed out multiple times current energy prices have next to nothing to do with current policy, which has done nothing to supply or demand in the short term (ie, over the last four years).

We have record oil production and low natural gas prices in this country. Oil prices are impacted by the global demand as it is much more of a global market than gas - this is what has bolstered oil price strength. Furthermore, gas prices have been elevated from pre-pandemic levels due to the lost refining capacity resulting from the low oil and gas prices we dealt with preceding and through the pandemic. It has basically zero to do with the current administration's energy policy.

But here's a simple question, Nyati, which should be easy to answer since you seem so confident that the current policies have been so inflationary and "lead to the need for current monetary policy"

What current policy has added the most cost, and where and when did it show up (oil prices, gas prices, etc),?

From: bigeasygator
06-May-24
"Asking about education levels and inferring that anything less than a college degree somehow disqualifies the validity of their argument is pretty telling of how liberals view those without a college degree."

Disparaging a college education without ever attending is pretty telling as well, which is why I asked.

That said, we also seem to live in a world now where having experience - be it through exposure on-the-job or through a classroom - is viewed as irrelevant. To me that is also telling.

I question the validity of an argument when it seems to lack judgement and logic, not based on what the background of that person is.

From: DW
06-May-24
Trump be back soon. This current situation favors him biggly. He will take 312 votes in my estimate.

Eevn the Never's are back in a large way. Look at last months take in Donations, way up. With a Wisc win and PA or Mi O'biden may get less and Carter. The Never's with coin hearing this 44.5% capital gains tax proposal from puddin-head , they will come arunnin to the MAGA team.

You can't unhear the speech for the freedom medals over the week end. Even Dem's in crowd were cringing. I see a South Park feature film coming soon with Joe starring and Chef whooping his azz repeatedly.

From: Nyati
06-May-24

Nyati 's embedded Photo
Nyati 's embedded Photo
BEG, you can say Presidential policies have nothing to do with this or that until the cows come home but it doesn’t make it true. Biden can get up and say the economy is great, doesn’t make it true. Let’s use electricity as an example. Electricity prices increased in 2022 more than before the turn of the century. . If that isn’t directly related to his fossil fuel policy I don’t really know what to say. I might as well have a conversation with my dog

From: TGbow
06-May-24
Let's see..Bush blew/wasted more money than Bill Clinton, not to mentioned trampled on Constitutional liberties.

Both parties have done a great job at economical disasters. The best thing the government could ever do for the economy or the private sector is get out of the way.

If you think Republicans are going to "save us" you're sadly mistaken.

I think the only real hope for America as far as economics goes is for more Libertarian policies to be put in place...which probably won't happen since most Americans seem to want big government on both sides of the aisle.

From: Beendare
06-May-24

Beendare's Link
College education doesn't mean you are smart....it's silly to claim it's true.

Heck look at the Columbia woman PHD candidate [ Imagination is a degree at Columbia] that was spokesperson for the unprepared protestors that stormed the building- but forgot they might want food.

My buddy was the #3 man in a huge financial firm, then went on to start his own successful financial firm. He was a Wyoming state grad that tells of many Ivy leaguers that were worthless but would continually brag about their Ivy pedigree. He says it was the rare Ivy leaguer he would hire.

If I was a parent wanting my kids to go to college, there would be one that I would look at very hard; Notre Dame. I like their strategy; no racism or intolerance accepted...but no bullying or intolerance either. That university builds good people. Many different races and religions on that campus- surprising really.

If you are in that boat with your kid, Check the link I posted that will illustrate what ND is all about; The Jimmy Dunn speech at the 2021 graduation ceremony at ND- it was an honor to see him speak. How much different would our country be if all universities taught in an unbiased factual manner?

From: bigeasygator
06-May-24
"If that isn’t directly related to his fossil fuel policy I don’t really know what to say"

It's not. Remember that whole conversation about "correlation doesn't equal causation?" But suppose it is related to his policy (again, it's not)...as I asked before, what policy that Biden specifically instituted led to the increase in electricity prices in 2022? You've shown no correlation, let alone causation.

From: Nyati
06-May-24
BEG, so if you stepped over a log and got bit by a snake. You didn’t really see it bite you but when u look down there’s a rattlesnake there. With your logic would u say I know there’s a rattler there but I really didn’t see it bite me so I wonder if it was that rattler or maybe it was another snake that I don’t see now that but me.

It doesn’t take a college graduate to hear Biden say “I’m going to end fossil fuels , appoint an anti-energy energy secretary, see massive amounts of alternative energy money being spent, push electric vehicles, then electricity rates skyrocket and correlate that with rapid electricity rates . Correlation doesn’t always imply causation but causation always implies correlation

From: RutnStrut
06-May-24
To say that a presidents policies and views on something doesn't affect price is silly. The pricing of things can be and is a reaction to many factors. One of those being the policies of the administration in power.

From: bigeasygator
06-May-24

bigeasygator's embedded Photo
bigeasygator's embedded Photo
bigeasygator's embedded Photo
bigeasygator's embedded Photo
"It doesn’t take a college graduate to hear Biden say “I’m going to end fossil fuels , appoint an anti-energy energy secretary, see massive amounts of alternative energy money being spent, push electric vehicles, then electricity rates skyrocket and correlate that with rapid electricity rates . Correlation doesn’t always imply causation but causation always implies correlation"

Well, by that weak logic you could argue that Biden's policies are responsible for the drop in electricity prices that are forecasted this year (see the top chart, from the link you posted on consumer electricity prices), as they've followed the implementation of some of his policies and legislation. But that drop has nothing do with him, just like the run up in prices didn't (regardless of how terrible I think his policies are...and I think they're pretty terrible).

The reality is the run-up in electricity prices in 2022 was correlated with the run-up in natural gas prices (see the second chart, and how the peaks and dips align with the first - that's a correlation). Now what about causation? Did natural gas prices run-up because Biden pushed for electric vehicles, or because he vowed to end fossil fuels? No. Natural gas production increased by 4% in 2022 (https://www.eia.gov/todayinenergy/detail.php?id=56000). So if it's not natural gas supply in the US impacting the price here, what did?

There were a number of key factors (easily researchable if you chose to take the time) that caused the run-up in natural gas prices in 2022, which was also a continuation of the run up in prices that accompanied the demand improvement linked to the pandemic recovery.

One, the growth of US LNG exports allowed US producers to tap into global demand, increasing the price for natural gas domestically.

Second, and building on the global demand coment, the global LNG market was impacted by sky high prices in Europe thanks to the Russia-Ukraine invasion. Not only was Russian supply taken off the market, the security concerns pushed demand even higher. Again, thanks to the ability of the US to tap into this market thanks to those LNG exports, prices were pushed higher.

Since 2022, prices have fallen as precipitously as they rose. Nyati would likely argue it had to do with Biden's policies, but he'd be wrong. Domestic supply has continue to increase thanks to more and more production. Mild winters have pushed demand for natural gas down, and the security concerns around supply from the Russia-Ukraine war have abated significantly.

So no, the run up in prices had nothing to do with the things you claim, Nyati. Just as the decrease we've seen since then had nothing to do with anything Biden did as well.

From: CaptMike
06-May-24
“Global demand for oil…” Gee, what a novel concept, let’s keep our oil for our use.

From: CaptMike
06-May-24
Beg, are you salad tossers people or not? Seems you are pretty good at ignoring things that highlight your simplicity.

From: TonyBear
06-May-24
Last week I attended my daughter's graduation and the main speaker was a Bemidji State Alumni now working for MFS a world-wide investment firm (625 billion). As the current chair, CEO his basic point was that he was a middle-class kid (1 of 6) who needed public assistance to finish college. Lives and works in Boston and the east coast dealing with MIT, Harvard, Cambridge, Columbia execs and business partners all the time.

No protestor idiots at the college while we visited there. As an alumni MFS chair has made financial contributions helping about 110 students attend college. Probably a lot more efficient than the govt. taking over that process, providing loan forgiveness.

I'd rather listen to someone like than anyone the Biden far left Admin would bring in from the Ivy League schools of thought. After the celebration we were able to go to a restaurant and have a local meal for about 200 bucks. Yeah, inflation is hitting small towns, hard.

Meanwhile, Rep Omar was out East being her usual idiot. Ms Omar said: “We should not have to tolerate antisemitism or bigotry for all Jewish students, whether they are pro-genocide or anti-genocide.” There is now a proposal to censure her. As you recall was kicked off the Foreign Affairs Committee for being a racist anti-Semitic idiot. Also has the infamous quote of "... just because some people did something" as a reference to the 911 attacks. Dems and the Biden Admin are calling for the GOP to spend time on better things instead of censoring idiots like her. OK let’s talk budget you morons…

From: Nyati
06-May-24
We’ll see if the “predicted” electricity rate actually decrease. Our state PSC has already approved another rate hike last month for this year

From: bigeasygator
06-May-24
“We’ll see if the “predicted” electricity rate actually decrease”

That’s the only response you’ve got? Still feel the run up in 2022 natural gas and electricity prices were because of Biden’s energy policy?

If so…what’s the proof that the price increase in natural gas had to do with Biden’s policies but the subsequent drop didn’t?

“Our state PSC has already approved another rate hike last month for this year”

Guessing that was cause of Biden policies too?? Or did they have to do with things like modernizing the grid and better serving customers?

From: Nyati
06-May-24
No, I’ve got more responses but probably not suitable for site. Much to Biden’s displeasure and probably to his drop in popularity in his progressive left support Manchin was able to get the Mountain valley pipeline approved. The MVP is supposed to go online in the next 30 days which will finally be able to move Appalachian basin natural gas to market . At full capacity it will be able to move 2billion cubic feet of NG per day, though it’s unlikely to move that much at least for the foreseeable future. Biden was forced to accept it thru the debt ceiling deal. Senator Manchin was able to get it over the Finish line but his vote on Inflation reduction act sealed his fate in WV. As a moderate democrat he lost favor with the Democratic Party and chose not to run again . He will be replaced by Governor Justice the current Governor of WV and will be a Republican Senator and with a little luck will give republicans the senate again.

From: Catscratch
06-May-24

Catscratch's embedded Photo
Catscratch's embedded Photo

From: bigeasygator
06-May-24
lol now that’s funny Catscratch.

From: Grey Ghost
07-May-24
Nyati: “Electricity price hike was caused by Biben’s policies.”

BEG: “What specific policies?”

Nyati: *crickets*

BEG: “What policies have caused electricity prices to fall last year and projected to fall even more this year?”

Nyati: *crickets*

From: bigeasygator
07-May-24
GG, apparently the answer is “electric cars” and “alternative energy” somehow spiked energy prices in 2022, but even though the policies are still in effect, they have nothing to do with the price drop. That’s what I’m told anyway, IDK.

It’s almost as funny as CaptMike insulting liberals and then advocating for a policy Biden just implemented re: LNG exports (undoubtedly a dumb policy).

From: Nyati
07-May-24
GG, It was answered in post above

It doesn’t take a college graduate to hear Biden say “I’m going to end fossil fuels , appoint an anti-energy energy secretary, see massive amounts of alternative energy money being spent, push electric vehicles, then electricity rates skyrocket and correlate that with rapid electricity rates . Correlation doesn’t always imply causation but causation always implies correlation

We’ll see if the “predicted” electricity rate actually decrease. Our state PSC has already approved another rate hike last month for this yea

From: bigeasygator
07-May-24
“GG, It was answered in post above”

lol no it wasn’t. You showed no correlation, let alone causation. You think somehow that alternative energy and EV policies that had no immediate impact on either supply or demand and would take decades to implement somehow spiked energy prices in 2022?

And again, if you’re saying energy prices are correlated to Biden’s policies, and his policies haven’t changed, are they then responsible for the massive drop we’ve seen in natural gas prices??

From: Catscratch
07-May-24
Since Ukraine is brought up as a reason for high prices I think this is relevant. Russia tested the 2 previous presidents on Ukraine and backed off. Within a month of biden's inauguration Russia put troops on the boarder as what I believe to be another test. When we showed weakness or lack of conviction they went ahead and invaded. Therefore I place the invasion squarely on biden's shoulders. Am I looking at this wrong? Was biden's policies on foreign relations actually stronger than I perceived, or was his policies weak and that lead to a war which lead to high prices?

From: bigeasygator
07-May-24
We can have that conversation but it’s a totally separate conversation (ie the role of foreign policy on energy prices), Catscratch. But that’s not energy policy. Nyati said the price spike was due to energy policy - namely a push for alternative energies and electric cars from Biden - not because of geopolitics.

From: Nyati
07-May-24
We’ll agree to disagree on correlation and causation . I’m sure you’l say it was just a coincidence anyway.

Natural gas supply has increased because of new gas fields and fracking techniques. Now we will have additional pipeline capacity.

However if you look at coal, it has taken a beating. Prices are still high but most is getting sent to other countries. Biden doesn’t want any coal fired power plants despite of pollution being cut by addition of scrubbers

From: KsRancher
07-May-24
Come on BEG. Don't weaken now. We have been reassured that a president has ABSOLUTELY no bearing on prices of a thing.

From: bigeasygator
07-May-24
“We’ll agree to disagree on correlation and causation”

Apparently.

“ I’m sure you’l say it was just a coincidence anyway.”

Not if you were able to show a meaningful correlation and show what from a supply and demand perspective caused the correlation.

“Natural gas supply has increased because of new gas fields and fracking techniques. Now we will have additional pipeline capacity.”

Wait, what?? I thought you said Biden was ending fossil fuels. Or do you concede that just because he says something doesn’t make it so?

So just so I have it right, some unmentionable Biden policy on EVs and alternative energy caused a massive demand increase for natural gas in 2022 and it had nothing to do with Russia-Ukraine supply disruptions, demand in Europe, and increasing LNG exports able to tap into that demand?

From: bigeasygator
07-May-24
“Come on BEG. Don't weaken now. We have been reassured that a president has ABSOLUTELY no bearing on prices of a thing.”

Not weakening, KS. Geopolitics matter. And we can certainly discuss how big of a role Biden played in the Russia invasion of Ukraine (I’d argue not much, as they’ve done it before and there were people predicting it to the year going back for quite some time).

But major shocks like wars certainly impact markets, particularly in the short term. Energy policy that sets targets 15 years from now that will be undone with the swipe of a pen…not so much.

From: Catscratch
07-May-24
Ok Big I'll rephrase the question; the Ukraine invasion (was) or (was not) influenced by biden's lack of action when Russia put troops on the boarder right after his inauguration? (And for the record... I never mentioned Nyati or his references to energy policy. Ukraine has been brought up countless times on this forum as a reason for many of the high prices we have now, not just energy.)

From: Orion
07-May-24
Bigeasy would you say the dems pushing to end coal fired power plants has anything to do with the price of electricity going up?

From: Nyati
07-May-24
BEG, Biden is the one that said he was ending fossil fuels. Policy wise he is hurting them . Coal to a much higher extent than natural gas. Natural gas started peaking before Biden took office so naturally the rewards are coming now. They fought like dogs to stop the mountain valley pipeline. They did stop the Atlantic coast pipeline .

They are doing everything they can to shut down coal fired power plants.

You can spew out all the causation /correlation word salad that you wish but people can see with their own eyes and feel with their Wallet what is going on.

Why do you think Biden is underwater on his economy/energy numbers ?

If a Presidents policies has little to no effect on much of anything as you say then why are democrats predicting the end of democratic and world chaos if Trump gets back in office ? If I believe your synopsis he would have little if any impact on anything

From: bigeasygator
07-May-24
“Ok Big I'll rephrase the question; the Ukraine invasion (was) or (was not) influenced by biden's lack of action when Russia put troops on the boarder right after his inauguration?”

Back to that correlation/causation conversation. I don’t know what conversations were taking place in the Kremlin. Is it coincidence that military action followed an administration change? I truly don’t know.

What I do know is the conflict didn’t start in 2021. The region became a battleground in 2014 when Russia annex Crimea and fighting raged in the Donbas for years before the 2022 invasion. As I mentioned, a full scale invasion had been predicted for some time.

Now back to Biden’s role in it. I don’t really have an opinion nor do I think we should be approaching the conflict any differently (providing resources but not troops).

I do have a question though. When you say lack of action, what action would you like to have seen?

I struggle reconciling the MAGA crowd arguing that we shouldn’t provide aid and we shouldn’t get involved with their insistence that Russia wouldn’t have invaded under Trump because he would have done something. What would he have done?

“Bigeasy would you say the dems pushing to end coal fired power plants has anything to do with the price of electricity going up?”

The cost of electricity derived from coal, yes. The cost of electricity overall, not as much. The reason being our boom in natural gas is really what is putting coal out of business. Not only is it cleaner, it’s cheaper.

From: bigeasygator
07-May-24
“They are doing everything they can to shut down coal fired power plants.”

As I just highlighted, the biggest threat to coal is natural gas, not Joe Biden and the Democrats. That’s why Trump couldn’t save the industry. It’s because there’s a readily available alternative in this country that is not only cleaner but cheaper.

“ You can spew out all the causation /correlation word salad that you wish but people can see with their own eyes and feel with their Wallet what is going on.”

And as you clearly showed, just because they see it happening doesn’t mean they understand why it is happening.

“ If a Presidents policies has little to no effect on much of anything as you say then why are democrats predicting the end of democratic and world chaos if Trump gets back in office ? If I believe your synopsis he would have little if any impact on anything.”

Again, for the 100th time, because this is what politicians do to drum up support from a gullible electorate. Just because a politician says it doesn’t mean it’s true (in fact, a safe assumption is that it isn’t).

From: Orion
07-May-24
Bigeasy true on the natural gas/coal. Unfortunately, our electricity used to come from a couple different coal plants and the price has now increased dramatically after the dems shut them down. Funny that our local electric company is anti natural gas as we produce plenty that we could accommodate their needs

From: bigeasygator
07-May-24
Orion, yeah, I was speaking broadly across the whole market. No doubt there are local deviations to those trends as renewables has certainly taken market share from coal (though not to the extent natural gas has over the last few decades). Who is your power provider?

From: DW
07-May-24
Lets see how O'bidens foreign policy blunders in the middle east and Israel effect the crude prices. Denying precision guided munitions to IDF to keep collateral to a minimum could have devastating effects if casualties are high. This is a really misguided decision on creepy Joe's part with our best friend in this part of world. Results of this could cause Turkey, Iran and Lebanon to widen the conflict further. So, if you think a President can not have effects with poor policy, follow up by weak US State Dept your kidding yourselves. Puddin-Head has done the exact opposite of what we should be doing, sending/selling beaucoup precision weapons to Israel to end this thing Chop-Chop like. Again, Joesephus has screwed the pooch. DW

Mike Wirth of Chevron today just said today "disruptions there are having effects on price". I will finish of what he should have...."Created by weak foreign policy and weak Patrol orders in the SofHormuz and elsewhere".

From: Nyati
07-May-24

Nyati 's embedded Photo
Nyati 's embedded Photo
WV is still producing a lot of coal but instead of it being used in America the majority of it is being exported to the Netherlands, Brazil, and India. I guess burning coal in those countries doesn’t affect the global climate like it would if it were used here . I think China is like that too.

BEG, you seem to be an energy expert, why doesn’t burning coal in those other countries cause global warming like it does here ?

From: bigeasygator
07-May-24
"BEG, you seem to be an energy expert, why doesn’t burning coal in those other countries cause global warming like it does here ?"

Who said it doesn't? But careful, don't let CaptMike see we're exporting that fossil fuel!

From: spike78
07-May-24
Yes natural gas is cheaper and cleaner but too bad the Dems want to ban it on all new construction and go all electric. I can’t imagine how much electricity will cost when everything is run with electric.

From: Catscratch
07-May-24
"I do have a question though. When you say lack of action, what action would you like to have seen?"

I'd like to have seen ANY of the standard political practices used to resolve conflict before it happens. Maybe have private talks, threaten sanctions, threaten military action, etc. Obama supposedly got tough after Crimea was invaded to stop any further advancement into Ukraine. Trump had several meetings with Russia that may or may not have stopped their advancement (they didn't invade during that time). Bush had dealings with Russia. It's seems Russia had been stopped several times by several presidents. You say this invasion had been predicted. I think it was a safe bet (knowing biden's past and his weak foreign presence) that this would be the presidency that Russia actually invaded.

Regarding democracy - "Again, for the 100th time, because this is what politicians do to drum up support from a gullible electorate. Just because a politician says it doesn’t mean it’s true (in fact, a safe assumption is that it isn’t)." Quite a few on this forum have insisted repeatedly that they voted for biden solely to save the democracy and constitution. They must be pretty gullible.

From: Beendare
07-May-24

Beendare's Link
Congrats to the Joe Biden WH. The press sec is announcing to the world violent crime is 50% lower under Biden. Cause to celebrate, eh?

And the liberal media sources pick this up and pump it into the avg citizens news feed.

Problem is- it's a bald faced lie. Literally 1/3rd of areas are no longer providing crime data so the Biden admin is basing their conclusion on partial data. And it's not just that, their Liberal Soros elected AG and AD's don't record and prosecute many crimes- just turn these crooks back out on the street- talk about padding your stats. If they don't arrest and prosecute them- the stats look better.

We were talking about education and smarts earlier. What does the above say about folks that cannot see through this guise and continue defending the Democrats and their policy?

Seems to me even if they have a piece of paper degree- what good is it when they cannot see through these lies?

Link is to Bidens press secretary KJP lying through her teeth the other day.

From: bad karma
07-May-24
Since we are a constitutional republic and not a democracy, anyone thinking they are saving democracy is automatically being fooled.

From: bigeasygator
07-May-24
"Maybe have private talks, threaten sanctions, threaten military action, etc"

You don't think these things were done? https://www.reuters.com/markets/currencies/biden-putin-set-crucial-call-over-ukraine-2021-12-07/#:~:text=WASHINGTON%2FMOSCOW%2C%20Dec%207%20(,would%20not%20expand%20farther%20eastward.

"Trump had several meetings with Russia that may or may not have stopped their advancement (they didn't invade during that time)"

No, but they did continue their fighting in the Donbas.

But back to my question, what would Trump have done to stop the invasion, especially given the isolationist America First push to stop foreign aid and stay out of other people's affairs?

"Quite a few on this forum have insisted repeatedly that they voted for biden solely to save the democracy and constitution. They must be pretty gullible."

And I've said before I think that's a silly motivation. I think the Constitution accommodates a wide range of views and policies, and I don't think our Constitution or democracy are under that level of threat from either party IMO.

From: Nyati
07-May-24
BEG, I think it’s rather self evident. Russia didn’t invade Ukraine during Trumps presidency. Hamas didn’t invade Israel during Trumps presidency . After the Afghanistan disaster under Biden they both occurred. That’s simple facts. And they occurred despite Biden saying “Don’t” !!

From: bigeasygator
07-May-24
Y'all act like these groups haven't been fighting for a long time. And what would Trump have done to stop either Russia or Hamas, Nyati?

Or is your logic simply "well they didn't do it when he was President before so therefore they wouldn't have done it if he remained President?"

From: Catscratch
07-May-24
"I struggle reconciling the MAGA crowd arguing that we shouldn’t provide aid and we shouldn’t get involved with their insistence that Russia wouldn’t have invaded under Trump because he would have done something. What would he have done?"

"But back to my question, what would Trump have done to stop the invasion, especially given the isolationist America First push to stop foreign aid and stay out of other people's affairs?"

Are you asking me this question?

From: bigeasygator
07-May-24
Anyone, Catscratch. All I hear is "they wouldn't have done this if Trump was President" but I don't hear a lot of why that's the case. I especially struggle to understand what Trump would have done in light of the MAGA crowd's reluctance to get involved in these fights in any way (see the latest struggle to get aid for Ukraine and Israel approved).

From: Nyati
07-May-24
BEG, History does tend to repeat itself . Putin went into Crimea under Obama. Russia didn’t invade Ukraine under Trump, then Putin went into Ukraine again under Biden. Those are the facts . You can scream causation/correlation but the facts are the facts. Make what u want with the facts.

Do I know for sure Putin wouldn’t have invaded ? No. No one but Putin knows that but if recent history is an indicator of future behavior I don’t think he would have.

Biden presented himself as a foreign policy expert and best prepared to keep peace throughout the world and we’re all seeing how that’s going.

From: bigeasygator
07-May-24
"Russia didn’t invade Ukraine under Trump"

You still didn't answer the question. Why?

From: Nyati
07-May-24
I don’t need to answer why. I have my opinions, but they’re just my opinions. I think what matters is they didn’t.

From: bigeasygator
07-May-24
"I don’t need to answer why. I have my opinions, but they’re just my opinions. I think what matters is they didn’t."

Well, I wholeheartedly disagree. I think the "why" means everything. What happened without the why means nothing to me - especially if you're trying to argue whether something would have been different or trying to predict how something will be in the future. In the world I live in, if I tried to justify an opinion or position with "it didn't happen before therefore it won't happen in the future" I would not be employed long.

From: spike78
07-May-24
Aid for Ukraine? Ok a mill for me a mill for you a mill for you 20 mill to the war machine lol yeah great investment.

From: Nyati
07-May-24
BEG, explain to me how or why I would know why Putin didn’t attack Ukraine while Trump was in office. Neither of them have called me to explain their side of the situation. I’m not applying for a job with you or anyone else for that matter.

What I do know as an American citizen is that under Obama and Biden Putin has attacked Ukraine. Under Trump he didn’t. I do remember the Democrats screaming that Trump would have us in WW 3 if he got elected. He didn’t and things were pretty calm under his administration. With Biden we’re as close to another world war as we’ve been since WW 2.

From: bigeasygator
07-May-24
"BEG, I think it’s rather self evident. Russia didn’t invade Ukraine during Trumps presidency"

"BEG, explain to me how or why I would know why Putin didn’t attack Ukraine while Trump was in office"

Thanks for admitting that the reason(s) for the timing of the Russia's invasion of Ukraine are not self evident at all.

From: Mint
07-May-24
"Russia didn’t invade Ukraine under Trump" You still didn't answer the question. Why?

Probably because Trump wiped out over 300 Russians in Syria and it scared the hell out of Putin. Putin tried to play chicken and he lost big time. Trump also wasn't afraid to turn Iranian Soleimani into salsa. How many presidents said they would move the US Embassy to Jerusalem but once in office chickened out being afraid of the "Muslim Street". Well Trump moved the US Embassy and nothing happened. Biden is weak and the way he left Afghanistan was a disgrace and got innocent troops killed for nothing. The tyrants of the world were watching and took notice.

From: bigeasygator
07-May-24
So Mint, you’re saying more or less that Putin was afraid the US military would get directly involved in the conflict if they invaded Ukraine while Trump was in power and he didn’t want to fight against the US given the experience in Syria?

From: Nyati
07-May-24
BEG, the reasons are pretty self evident as described above to anyone without blinders on. Mints opinions line up with mine and pretty much anyone’s without TDS .

From: bigeasygator
07-May-24
I’ll ask you the same question then. You’re saying the reason it didn’t happen under Trump was because Putin thought Trump would get the US military directly involved in the conflict? Otherwise why does it matter what the US did to Wagner in Syria, a conflict the US was already involved in.

From: Beendare
07-May-24
My god BEG, I can't believe you are asking that question- a college educated man like yourself. /Who would you rather be up against; Trump or Biden?

Biden pansies around....and his liberal progressive ideology is more important than Nationalism. His admin has been continually trampled by every other country in the world- especially the bad actors. On top of that, he has proven willing to weaken the US; Empty the SPR, allow massive illegal immigration, cater to the world order politicos, etc. [You must be capable of seeing all this, even through a haze of TDS]

Trump; Admittedly Trump is a jerk...a bully...but most of all, he is a Nationalist patriot that cares about the US sovereignty. He will do whatever necessary to protect this country...and that scares the Bad actors in the world and DID keep many at bay- its a fact.

I doubt you would let bad actors into your home and threaten your family- I'm betting you would do whatever it takes in that situation. If so, you are more like Trump than you realize. Sobering, eh?

From: Beendare
07-May-24
Wow, Even Bill Maher telling it like it is......(C&P from Twitter)

Bill Maher @billmaher Biden's student debt cancelation will cost $870 billion to $1.4 trillion, and my tax dollars are supporting all this Jew-hating? I don't think so.

From: bigeasygator
07-May-24
“Who would you rather be up against; Trump or Biden?”

Probably Trump. The playbook is pretty straightforward. Flatter him and praise him and he’ll be eating out of your palm, especially if he views you as a someone strong and worthy of respect. Putin and Xi understood that better than anyone.

“Trump; Admittedly Trump is a jerk...a bully...but most of all, he is a Nationalist patriot that cares about the US sovereignty.”

Cool, how does being a Nationalist patriot that cares about US sovereignty translate into stopping Russia’s invasion of Ukraine? What would he have done to prevent it?

From: bluedog
07-May-24
Clearly I have different standards regarding who is a patriot..... so it goes

From: Nyati
07-May-24
Probably continue doing whatever he did during his 4 years in office.

You’re asking an impossible question to answer. No one except him and advisors know what he did.

A lot of this started with Obama and the line in the sand with Syria. They crossed his line and he didn’t do anything about it. Biden did his disaster Afghanistan withdrawal and the dictators and extremists notice and pay attention to things like that and keep pushing the envelope because they don’t fear any reprisals. Trump followed thru on his threats and they noticed and paid attention to that too.

They see Biden is getting weak knees on Israel because of progressive democrats and concern about Muslim vote in Michigan and they notice that too. It only emboldens Iran .

From: scentman
07-May-24
Both sides of politicians are on the same side when it comes to squeezing out the middle class, Trump a business man knows how to run a business and your business fails when you loss customers... the middle class are America's best customer. scentman

From: bigeasygator
07-May-24
“Probably continue doing whatever he did during his 4 years in office.”

Which was what?? Don’t bother answering, as I know you can’t explain the why.

Regardless of the fact I can’t get anything out of you, I’ll elaborate on my opinion. I just don’t buy “Russia wouldn’t have invaded because Trump” is self evident in anyway, shape, or form.

Mint cited the Battle of Khasham. Troops were there because of Obama. He wasn’t involved in any of the operational decision making. Trump had nothing to do with that. Though Trump did remove most of our troops from the region and Russia ultimately emerged as the most powerful mediator in the region. Regarding Solemeini, he was assassinated for directing attacks on Americans. I don’t see for a second how that is relevant to a conflict between Russia and the Ukraine.

Trump has historically been soft on Putin, and hard on Zelensky. Hell, he’s called Putin a genius and savvy for invading. Trump’s foreign policy is clearly isolationist. Former aides have quoted him as saying he thinks Ukraine should be part of Russia. Those currently carrying the banner for Trump don’t think we should be sending resources to Ukraine, let alone troops. The craziest of them are overtly pro-Russian. Why on earth would Putin be worried Trump would want to get involved in a more meaningful way? And if Trump isn’t going to physically stop Putin, what’s he going to do to prevent Russia from getting what they want.

From: Jaquomo
07-May-24
I enjoy checking this thread every few weeks to see if it's the same 10 guys arguing about the same stupid shit. You guys never disappoint!

From: Nyati
07-May-24
BEG, you’re asking an impossible question. The US government, Secretary of State, national security agencies , etc. aren’t in the habit of making foreign diplomacy, discussions, etc., public knowledge. It would announce to the world what they are doing , it would betray the countries that are working with us. IDK what Trump would do or how he would do it but I trust him to do the best he could.

I can tell you what he wouldn’t do and that is vocalize complete support and assistance to Israel after a horrific terrorist attack, get congressional funding and sign the bill to give aid to Israel then get weak knees and withhold ammunition and military support for Israel . Israel needs to continue dismantling Hamas. Or Hamas can give back the hostages if they are still alive and surrender. That would lead to the end of the war and prevent Israel from needing to go into Rafah but no one is talking about that option

From: RutnStrut
07-May-24
"Which was what?? Don’t bother answering, as I know you can’t explain the why."

Please wise and exalted one. Tell us all the things your pandering, bumbling hero Joe Biden has done for this country that actually benefits it. Don't bother, you can't.

From: bigeasygator
07-May-24
“BEG, you’re asking an impossible question”

It’s not an impossible question. I’m asking for an opinion, and for justification for that opinion. Of course no one can say definitively what happened, what would have happened, or what will happen.

“I can tell you what he wouldn’t do and that is vocalize complete support and assistance to Israel after a horrific terrorist attack, get congressional funding and sign the bill to give aid to Israel then get weak knees and withhold ammunition and military support for Israel.”

Possibly. Not like Trump has ever held up aid to anyone, right? Oh wait… https://www.politico.com/story/2019/08/28/trump-ukraine-military-aid-russia-1689531

But what Biden is doing is just as bad as the GOP legislators that have been holding up aid for the last few months. Seems to be a bunch of people on here that don’t think we should be sending resources to Israel as memory serves.

“Please wise and exalted one. Tell us all the things your pandering, bumbling hero Joe Biden has done for this country that actually benefits it.”

My hero?? I think Biden is a bumbling idiot. I can’t really think of anything he’s done that I’d call positive. I also don’t think what he does or says matters in a meaningful way - particularly with respect to the economy - and that’s the point.

From: Nyati
08-May-24
I think it’s a difference from holding aid for some reason during non war times and holding aid to an ally during an active war .

From: bigeasygator
08-May-24
“I think it’s a difference from holding aid for some reason during non war times and holding aid to an ally during an active war”

Guess you don’t read the article nor have you been reading anything else I posted re: Russia-Ukraine. The headline of the article is “Trump holds up Ukraine military aid meant to confront Russia.” Russia and Ukraine have been actively fighting since 2014.

From: Nyati
08-May-24
Since Russia took over Crimea during Obama administration they have been having skirmishes . But I think most reasonable people agree that the attack where Russia actively invaded Ukraine began Feb 24, 2022.

3 years after Trump paused aid to Ukraine. At least he didn’t shake them down by threatening to withhold 1Billion in aid unless they fired the prosecutor that was investigating Hunter then joke about it later . It’s not uncommon for any president to withhold or pause foreign aid until certain conditions are met, it happens all the time. Usually it’s not in times of active wars when a country has had a massive terrorist attack.

I still maintain it’s different to withhold aid during non active war times than during an active war.

From: bigeasygator
08-May-24
"Since Russia took over Crimea during Obama administration they have been having skirmishes. But I think most reasonable people agree that the attack where Russia actively invaded Ukraine began Feb 24, 2022."

I see things quite differently. The attack didn't begin in 2022. It began in 2014. The invasion in 2022 was a continuation of the military action that began in 2014. As I've highlighted, people have been predicting the invasion that took place in 2022 ever since the actions in 2014. As the article - from 2019 - points out:

"But the delays come amid questions over Trump’s approach to Russia, after a weekend in which the president repeatedly seemed to downplay Moscow’s military intervention in Ukraine and pushed for Russia to be reinstated into the Group of Seven, an annual gathering of the world’s largest advanced economies. The review is also occurring amid a broader internal debate over whether to halt or cut billions of dollars in foreign aid."

From: Beendare
08-May-24

Clearly its a waste of time presenting facts to died in the wool partisan Democrats. My hope is the common sense middle of the road folks do see the lies, cheating and bad policy….we will find out.

From: Mint
08-May-24
Yes BEG, Putin was afraid what Trump might do if he invaded Ukraine. Also Trump was not pushing for Ukraine to join NATO and it wouldn't happen if Trump was President. Heck Biden urged Obama not to go after Osama bin Laden. Thankfully Obama ignored his advice. Let that think in. Biden is risk averse and the tyrants think they can do what they want. Look at his response to the Houthis. I do think Putin miscalculated on Ukraine but both sides are paying a very heavy price.

From: TRnCO
08-May-24
My hero?? I think Biden is a bumbling idiot.

Really? You sure go to bat for him and his administration a lot. From reading all your posts I would bet 100% that you find it hard to find wrong with anything he or his admin does. But without fail, you can find wrong in anything and every to do with Trump.

From: bigeasygator
08-May-24
"Yes BEG, Putin was afraid what Trump might do if he invaded Ukraine"

Specifically, you think Trump would have directly intervened if he was in power and Putin invaded Ukraine? I just find it hard to believe that Trump would want to get directly involved in conflict over Ukraine. As I've said, a large portion of the GOP doesn't want aid to go to Ukraine - I don't see a lot of support for direct military action.

"Really? You sure go to bat for him and his administration a lot."

Name one thing I've "gone to bat for?" There's a difference between "going to bat" for Biden and saying someone's policies are dumb, but they don't have anything to do with inflation, energy prices, the economy in general, etc. If y'all still don't understand what camp I'm in I don't know what to tell you (hint, it ain't the Team Biden camp). Plenty of people do understand the distinction, but it's clear that a bunch of you don't.

A massive problem with the political discourse in this country is people like to blame without doing any critical thinking - and the outcome is the rancor and the division in the country that I think is unhealthy, regardless of where you fall on the political spectrum.

From: Beendare
08-May-24

Beendare's Link
Did anyone ever believe the US would have a policy that is as completely outrageous as this - 8 minute video Youtube link to "Cruel and Unusual Punishment....." Produced by the Independent Women Forum. It's on the IWF website too.

WARNING, this vid isn't for the faint at heart......Its shocking what the Liberal Progressive Dems consider good policy

From: Mint
08-May-24
"Specifically, you think Trump would have directly intervened if he was in power and Putin invaded Ukraine? " Obviously you're not getting it. It's irrelevant to what I think Trump would have done, it's what Putin and his Generals thought what Trump would have done and they chose not to poke that hornets nest. Taking out Soleimani and killing the Russians in Syria is something that Bush, Obama or Biden wouldn't have done, they wouldn't risk any escalation but Trump chose to take that risk. He is unpredictable and keeps them guessing.

From: bigeasygator
08-May-24
“it's what Putin and his Generals thought what Trump would have done”

And I don’t think for a second they thought Trump - who fawned over Putin, who did little to staunch the ongoing Russian military action in Ukraine - would come close to actually intervening in an invasion. But that’s just my opinion.

As I said, Trump had nothing to to do with the skirmish in Syria and the action he took against Someimani was in response to actions against America, not one of our allies.

If he’s elected, do you think he’ll send troops to Ukraine?

From: Nyati
08-May-24
BEG, who u gonna vote for this fall ?

From: bigeasygator
08-May-24
For President? I’ll let you know in three weeks. No Senators up for election in my state. For House, I’ll vote for Scalise.

From: CaptMike
08-May-24
"Who said it doesn't? But careful, don't let CaptMike see we're exporting that fossil fuel!" The secret is out yet you still avoid examples that point out your hypocrisy. Like water off a duck's back, facts contrary to your opinions are just left to be forgotten. Your ignorance of them does not make those facts disappear.

From: bigeasygator
08-May-24
Zero clue wtf you’re referring to Mike. Wanna get specific or you just gonna stick with the vagueness?

From: KSflatlander
08-May-24
Remember Trumps political favor. He wanted to fictitious servers and Ukraine's help getting them.

Mike- post some facts first with credible sources. You haven't tried that yet.lol

09-May-24
"For President? I’ll let you know in three weeks."

in all seriousness...what will you know in three weeks that you dont know now?

From: Catscratch
09-May-24
Oh dear Lord!!! I asked a very specific question about biden and his weak foreign presence and the next 50 posts are; but, but, but... TRUUUUUMP! My goodness it gets old when biden can't be discussed without making it turn into a Trump debate. It's very apparent that Trump is all some of you think about, but geeze... aren't you tired of thinking and talking about him all the time?

From: KSflatlander
09-May-24
Hey catscratch- go back through this thread to see who brought up Trump first. Trumpers typically do and they start 99% of all political posts (maybe a bit hyperbole as I didn't count). Where were you on that one hall monitor?

From: bigeasygator
09-May-24
“in all seriousness...what will you know in three weeks that you dont know now?”

Who the Libertarian nominee will be.

From: Catscratch
09-May-24
"Hey catscratch- go back through this thread to see who brought up Trump first. Trumpers typically do and they start 99% of all political posts (maybe a bit hyperbole as I didn't count). Where were you on that one hall monitor?"

Well mister smart ass. I don't give a damn who brought him up and never claimed to. Read my post VERY CAREFULLY AND SLOWLY. Please point to where I said either "Trumpers" or Libs are to blame for always bring Trump into discussions. You are awfully good at making stuff up about what others post. Watched you do it many times. Remember you going off on Thornton for saying he was a doctor... when he never said anything close to that. I suggest you read for content instead of looking at the name of the poster and making up what you wanted them to say. Or simply keep trolling for reactions instead of actually adding content. Go hump bigeasygator's leg some more, he's good at adding content that you puppy-dog behind hoping he will scratch your ear a little. And if you ever get the courage you could post under your real name for once. I've been more than happy to ignore you for a long time, but I guess since you wanted to be snippy this morning I might no longer feel that way. I hope you have a great fucking day! :)

09-May-24
"Who the Libertarian nominee will be."

lets be honest. could the libertarian party nominate anyone that would cause you to vote for trump or biden?

From: Nyati
09-May-24
BEG, so, in other words u plan on wasting your vote ?

From: Rut-Nut
09-May-24
From: Jaquomo 07-May-24

I enjoy checking this thread every few weeks to see if it's the same 10 guys arguing about the same stupid shit. You guys never disappoint!

Same here Jaq! ;-)

From: bigeasygator
09-May-24
"could the libertarian party nominate anyone that would cause you to vote for trump or biden?"

Unlikely. I tend to "make a decision based on which one most closely matches my beliefs on the issues that are most important to me." That's also why I changed my party affiliation from Republican to Libertarian eight years ago. Could the Republican party realistically nominate someone for President that would cause you not to vote for them?

"BEG, so, in other words u plan on wasting your vote ?"

Define "wasting" for me. Is your logic that the candidate has no reasonable chance to win so therefore it's a waste? If so, you can say that you're wasting your vote if you vote for Trump in California or vote for Biden here in Louisiana.

09-May-24
"Could the Republican party realistically nominate someone for President that would cause you not to vote for them?"

"realistically"...no. and i have no problem owning that.

i trust the primary process...even if it ends up nominating a candidate that i didnt particularly like or want. i did it a number of times...including 2016 and will again this year...unless trump drops out or is assassinated and the nomination goes to desantis.

From: bigeasygator
09-May-24
The Republican Party is now owned by the populists, the religious right (evangelicals and conservative Catholics), and protectionists. If they nominated a candidate that better aligned with the old guard of the Republican Party that's now being pushed out (the fiscal conservatives, the national security crowd, and the business community), I'd probably vote Republican again (as I did in every election I could vote for until 2016).

From: KSflatlander
09-May-24
Catscratch- I was responding to your post nearly right after mine. I thought you were referring to me specifically. My apologies.

Name: Ryan Hrabe. Bowsite registration edit will not let me add my last name. Now what?

09-May-24
"If they nominated a candidate that better aligned with the old guard of the Republican Party that's now being pushed out (the fiscal conservatives, the national security crowd, and the business community)..."

i tend to agree but to me...there is even one more important thing than those and that is judicial nominees...because more and more the courts are where everything is getting done (or not done). sadly...we can no longer trust the legislature to do what is right or constitutional so the courts end up being the only stop.

having said that...it still always boils down to which one of the two candidates (that can actually win) more closely aligns with me on those things. i guess im just not into playing games with my vote in order to pat myself on the back and claim moral superiority.

From: KSflatlander
09-May-24
"sadly...we can no longer trust the legislature to do what is right or constitutional so the courts end up being the only stop."

Isn't that exactly by design through checks and balances?

From: bigeasygator
09-May-24
"i guess im just not into playing games with my vote in order to pat myself on the back and claim moral superiority."

No moral superiority. Again, I tend to make my decision based on which one most closely matches my beliefs on the issues that are most important to me. Don't care for the asterisk that says *must be one of the two major political parties. Neither party speaks for me, and I don't care to support them for President. And again, if you're basing your vote on a candidate "that can actually win," that will limit you to a single party in all but a handful of states.

From: Beendare
09-May-24

Beendare's Link
Recent headline issues; The Reps propose legislation making it a crime for Illegals to vote- and all of the Democrats oppose- which was their plan all along to keep Dems in power indefinitely.

Denver Illegal immigrants make demands including ethnic food and better free housing

Biden HHS Redefines ‘Lawfully Present’ To Give ‘Free’ Health Care To Illegal Immigrants- The Federalist.com

Analysis by some claim as many as 22 million illegals flooded over the border during Biden presidency. The Biden admin and other Dem run states have no idea how much that is costing taxpayers and they continue to stonewall investigations. ( the Ca hearings are a joke)

Lastly, isn’t it a biotch when the media is impartial and doing their job? My god, Biden is a total embarrassment in the recent CNN interview on the economy with Erin Burnett- at link. Warning, its like trying to have a coherent conversation with your 90 yr old grandpa in his rest home with Biden babbling about potato chip bags being 2/3 full blaming everything on Corporations and Reps.

From: Nyati
09-May-24
That is why the electoral college is the best system and why the founders of our country initiated it

09-May-24
"Isn't that exactly by design through checks and balances?"

absolutely. that is exactly why i will vote for the person who i think is more likely to nominate strict constructionists...not the "living...breathing constitution" types.

From: Beendare
10-May-24

Beendare's embedded Photo
Beendare's embedded Photo
The DNC is following the Soros script to the letter

From: Beendare
10-May-24
Troubling findings in Georgia regarding election Tampering in the recent judicial hearings; At least- 3,000 ballots run through their machines Twice and 380,000 ballots totally missing. _ Then there is the Heartland Institute study;

According to the poll, conducted by Rasmussen, approximately 44 million Americans would vote illegally in 2024 election “to prevent other side from winning”

ARLINGTON HEIGHTS, IL (April 16, 2024) – In late 2023, The Heartland Institute released a poll showing that in the 2020 general election, more than one-in-five mail-in voters admitted to voting illegally. Unfortunately, widespread illegal voting in presidential elections seems to be the new normal in the United States.

Based on our latest poll, 28% of all voters say they would engage in at least one kind of illegal voting practice in order to help their preferred candidate–either President Joe Biden or former President Donald Trump—win the 2024 election. Examples of illegal voting scenarios that voters say they would engage in include voting in multiple states; destroying mail-in ballots of friends or family members; paying or offering rewards to fellow voters; deliberately providing incorrect information about the place, time, or date associated with casting a ballot; and/or altering candidate selections on mail-in ballots.

Although self-identified Democrat voters are slightly more likely to engage in illegal voting to ensure that Biden would win, the number of self-identified Republican voters who would also engage in illegal voting to guarantee a Trump victory is also quite concerning.

From: bigeasygator
10-May-24
Live look at Beendare getting ready to make his next post.

From: bigeasygator
10-May-24

bigeasygator's embedded Photo
bigeasygator's embedded Photo

From: spike78
10-May-24
BEG too bad he is not wearing a tinfoil hat as this is actually going on. Apparently people are too gullible to see it.

From: Nyati
10-May-24
It’s not paranoia if it’s true

From: bigeasygator
10-May-24
“BEG too bad he is not wearing a tinfoil hat as this is actually going on. Apparently people are too gullible to see it.”

spike chiming in to tell us that it’s all true should be all anyone needs to know about the credibility of what Beendare posts. Hey spike…better tell Beendare to update his list to make sure Chemtrails get on there too.

From: RK
10-May-24
Great minds discuss ideas

Average minds discuss events

Small minds discuss people

Welcome to the small minds club BEG

You owned it all along Absolutely priceless!

Always the same, whatever libs accuse others of doing, you can bet your ass they are doing. I know, you are not a liberal. Keep selling that

From: bigeasygator
10-May-24
Ya got me, RK. Not surprising, though. Real recognizes real, amiright?

From: Matt
10-May-24
RK makes more than a drive by.

And it discusses people. Probably happy to have more company.

From: bigeasygator
10-May-24
Literally all he does, Matt. Was probably feeling lonely.

From: spike78
11-May-24
BEG it’s good that you are the way you are your government thanks you for falling for it hook line and sinker. Don’t worry though all these alleged conspiracy theories will come to light in the next few years. You remember when the virus coming from a Wuhan lab was a conspiracy theory and all of a sudden us tin foil hatters were actually right? Where’s our apology for that one? But hey you guys keep thinking voting will change the course of this country.

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