|
|
We appreciate your help
in keeping this site going.
|
|
04-12-2022, 07:54 PM
|
|
Jigsawed
|
|
Join Date: May 2009
Posts: 10,580
|
|
Inflation hits 8.5. Where is Volcker?
|
04-15-2022, 09:34 AM
|
|
Area Man
|
|
Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
|
|
Quote:
Originally Posted by Dondilion
Inflation hits 8.5. Where is Volcker?
|
I need more bananas. Bought the last bunch for 77 cents at Food Lion. Actually cheaper than they were a year ago. Gas here has gone down by ~12 cents per gallon as well.
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
|
04-13-2022, 12:22 PM
|
|
Possibly admin. Maybe ;)
|
|
Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
|
|
Could it be, printing money and shoveling it out plane windows is a bad idea?
https://www.usdebtclock.org/index.html
__________________
“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
|
04-13-2022, 06:15 PM
|
|
Admin
|
|
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,237
|
|
Quote:
Originally Posted by piece-itpete
|
After Il Duce T'Rumpolini republicans have forfeited the right to criticize democrats.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
|
04-13-2022, 04:53 PM
|
|
Area Man
|
|
Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
|
|
A Trump acolyte, Infowars and Breitbart following coworker informed me recently that Biden has completely lain America to waste and there is no hope for the future. Nothing but doom and gloom out there because of Sleepy Joe, says he. So, I had to ask what he planned to do once his job is stolen from him. "Oh, in this economy, there's jobs everywhere. I can get another job..........".
Gentlemen, I give you todays Republican Party.
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
|
04-14-2022, 07:11 AM
|
|
Possibly admin. Maybe ;)
|
|
Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
|
|
Oh no we haven't!
Your boy is in, your folks are running Congress - you own it leftie
That said Trump didn't care about the deficit. Heck even Reagan only kept it from increasing.
Years ago here I researched the so called 'surplus' from a few years back by looking at total government debt. There might, maybe, have been a 12 month period were it actually went down but it didn't fit into the fiscal year. Again, this was looking at government debt. If there was a real surplus it would've gone down. Politicians and smoke and mirrors, go figure.
It was close though.
The debt clock says every taxpayer owes $240k now. Up from $148k in 2012 and estimated $302k in 2026. Although I wonder what figure they're using for inflation.
__________________
“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
|
04-17-2022, 10:19 PM
|
Senior Member
|
|
Join Date: May 2009
Location: Minnesota Iron Range
Posts: 689
|
|
Quote:
Originally Posted by piece-itpete
Oh no we haven't!
Your boy is in, your folks are running Congress - you own it leftie
That said Trump didn't care about the deficit. Heck even Reagan only kept it from increasing.
Years ago here I researched the so called 'surplus' from a few years back by looking at total government debt. There might, maybe, have been a 12 month period were it actually went down but it didn't fit into the fiscal year. Again, this was looking at government debt. If there was a real surplus it would've gone down. Politicians and smoke and mirrors, go figure.
It was close though.
The debt clock says every taxpayer owes $240k now. Up from $148k in 2012 and estimated $302k in 2026. Although I wonder what figure they're using for inflation.
|
Most of the Total Government Debt was accumulated by Repubs.
https://www.statesman.com/story/news...bt/5891161001/
|
05-22-2022, 07:29 AM
|
|
Reformed Know-Nothing
|
|
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,919
|
|
Quote:
Originally Posted by whell
|
There is, however, no doubt that Democratic presidents have had to clean up the deficit messes that resulted from Republican presidents' supply-side policies and tax cuts, be it Reagan>Clinton, Dubya>Obama, and Trump>Biden.
__________________
As long as the roots are not severed, all will be well in the garden.
|
05-23-2022, 12:51 PM
|
|
Senior Member
|
|
Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
|
|
Quote:
Originally Posted by finnbow
There is, however, no doubt that Democratic presidents have had to clean up the deficit messes that resulted from Republican presidents' supply-side policies and tax cuts, be it Reagan>Clinton, Dubya>Obama, and Trump>Biden.
|
Anyone can "blame" someone for something. It takes no intellectual energy to throw blame around. If I wanted to, for example, I could "blame" the dot-com bust on the greed to the Clinton years. Or the near - death economy of the 70's on Carter.
Biden inherited low unemployment, low inflation, low energy prices, and a vaccine for Covid. We now have stratospheric inflation, rising energy prices that started with his order to shut down Keystone, and more deaths from Covid than ever, and one wonders about the long-term impact on the job market of all this. If we believe in the blame game, Biden has ascribed most of this to "Putin's War". I'll go with that explanation.... Blame..... whatever....
Last edited by whell; 05-23-2022 at 02:00 PM.
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -5. The time now is 08:44 AM.
|