Jump to content

Joe Biden 2022: Enter Dark Brandon


Longboard Horn

Recommended Posts

  On 10/13/2022 at 2:17 PM, Incredulity said:

Thank God, The Flying Spaghetti Monster, St. Bernie, Your Fauci Prayer Candle or whatever personal deity you pray to that Dank Brando and the Democrats had the crystal clear insight and vision to pass the Inflation Reduction Act.  Can you IMAGINE how bad this could be?

 

https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html

ECONOMY

Inflation increased 0.4% in September,

 

 Core inflation was up 6.6% from a year ago, the biggest 12-month gain since August 1982.

 

Expand  

The Inflation Increasing Act doesn’t have the same ring to it. 

  • Hook 'Em 2
  • Fuck You 6
Link to comment
Share on other sites

  On 10/13/2022 at 2:17 PM, Incredulity said:

Thank God, The Flying Spaghetti Monster, St. Bernie, Your Fauci Prayer Candle or whatever personal deity you pray to that Dank Brando and the Democrats had the crystal clear insight and vision to pass the Inflation Reduction Act.  Can you IMAGINE how bad this could be?

 

https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html

ECONOMY

Inflation increased 0.4% in September,

 

 Core inflation was up 6.6% from a year ago, the biggest 12-month gain since August 1982.

 

Expand  

If you're going to blame Dems for inflation, then I trust you're also going to credit them for 3.5% unemployment and highest number of workers ever? 

I lean that Biden/Dems don't really deserve too much credit/blame for either, just get tired of hearing "Biden inflation" but silence on the employment stats. And the fact that inflation is hot literally around the world.

Link to comment
Share on other sites

  On 10/13/2022 at 3:01 PM, FirstTimeCaller said:

If you're going to blame Dems for inflation, then I trust you're also going to credit them for 3.5% unemployment and highest number of workers ever? 

I lean that Biden/Dems don't really deserve too much credit/blame for either, just get tired of hearing "Biden inflation" but silence on the employment stats. And the fact that inflation is hot literally around the world.

Expand  

from the right wing lunatics at VOX.

https://www.vox.com/23036340/biden-american-rescue-plan-inflation

The checks were another issue. Birthed out of a political promise Democrats made to one-up Trump and try to win the Georgia Senate runoffs, the checks totaled about $400 billion in spending, and some of them went to families whose finances were already in fine shape. Giving money to people who don’t need it isn’t necessarily a bad thing in and of itself. But if the consequences are higher inflation and economic woes affecting everyone, well, it is a big deal.

Now, Democrats had many good intentions in drafting the American Rescue Plan — they wanted to help people and avert economic pain. And they had some successes, like low unemployment and strong GDP growth. But wages haven’t kept up with prices. And if this results in significantly worse economic problems in 2022, 2023, and 2024, not to mention electoral consequences for Democrats, it’s unclear whether it would have been worth it.

Screen_Shot_2022_05_09_at_5.35.48_PM.png

 

  • Hook 'Em 3
  • Fuck You 1
Link to comment
Share on other sites

So, no?

You want to complain about inflation but completely gloss over unemployment and number of people working? If you want to blame Biden/Dems, fine. I can see the argument. It's not crazy.

But I just don't think you can use it to complain about and then not acknowledge that the unemployment is 3.5%. If the unemployment rate was 6%, I'd bet that inflation would be a lot tamer. So I guess you can complain that Biden/Dems are causing inflation because too many people are working.

Fed is doing its best to fix that.

 

Link to comment
Share on other sites

  On 10/13/2022 at 3:01 PM, FirstTimeCaller said:

If you're going to blame Dems for inflation, then I trust you're also going to credit them for 3.5% unemployment and highest number of workers ever? 

I lean that Biden/Dems don't really deserve too much credit/blame for either, just get tired of hearing "Biden inflation" but silence on the employment stats. And the fact that inflation is hot literally around the world.

Expand  

nah man, the dems caused 100% of the problems in this country in the last 2 years. I mean, just look, Abbott eliminated rape in Texas and yet here we are. 100% Biden and the Dems. quit being woke and be.... whatever the opposite of that is supposed to be. sheep.

Link to comment
Share on other sites

  On 10/13/2022 at 3:20 PM, FirstTimeCaller said:

So, no?

You want to complain about inflation but completely gloss over unemployment and number of people working? If you want to blame Biden/Dems, fine. I can see the argument. It's not crazy.

But I just don't think you can use it to complain about and then not acknowledge that the unemployment is 3.5%. If the unemployment rate was 6%, I'd bet that inflation would be a lot tamer. So I guess you can complain that Biden/Dems are causing inflation because too many people are working.

Fed is doing its best to fix that.

 

Expand  

Biden has also caused worldwide inflation. Just can’t stop hitting that damn button. 

  • Like 1
Link to comment
Share on other sites

  On 10/13/2022 at 3:23 PM, Longhorn_Fan68 said:

nah man, the dems caused 100% of the problems in this country in the last 2 years. I mean, just look, Abbott eliminated rape in Texas and yet here we are. 100% Biden and the Dems. quit being woke and be.... whatever the opposite of that is supposed to be. sheep.

Expand  

The Abbott ad with the hydraulic press crushing things because of Biden and Beto inflation told me so. (Pretty good ad, tbh.)

Link to comment
Share on other sites

  On 10/13/2022 at 3:20 PM, FirstTimeCaller said:

ut I just don't think you can use it to complain about and then not acknowledge that the unemployment is 3.5%. If the unemployment rate was 6%, I'd bet that inflation would be a lot tamer. So I guess you can complain that Biden/Dems are causing inflation because too many people are working

Expand  

Labor Force Participation.  How does it work?

  • Hook 'Em 2
  • Fuck You 1
Link to comment
Share on other sites

  On 10/13/2022 at 3:25 PM, Js1 said:

Biden has also caused worldwide inflation. Just can’t stop hitting that damn button. 

Expand  

If you want to consider the Federal Reserve under Biden as part of his "regime," then you could argue that no administration has done more to combat inflation. I personally don't.

Shit's borked and it will take some time to unwind. It's not one person's fault and to say otherwise is disingenuous. 

Link to comment
Share on other sites

  On 10/13/2022 at 3:27 PM, FirstTimeCaller said:

If you want to consider the Federal Reserve under Biden as part of his "regime," then you could argue that no administration has done more to combat inflation. I personally don't.

Shit's borked and it will take some time to unwind. It's not one person's fault and to say otherwise is disingenuous. 

Expand  

oh man, that's way too reasonable and even-handed for today's politics. if you don't have someone to blame for all your problems then what do you have?

Link to comment
Share on other sites

  On 10/13/2022 at 3:08 PM, Incredulity said:

from the right wing lunatics at VOX.

https://www.vox.com/23036340/biden-american-rescue-plan-inflation

The checks were another issue. Birthed out of a political promise Democrats made to one-up Trump and try to win the Georgia Senate runoffs, the checks totaled about $400 billion in spending, and some of them went to families whose finances were already in fine shape. Giving money to people who don’t need it isn’t necessarily a bad thing in and of itself. But if the consequences are higher inflation and economic woes affecting everyone, well, it is a big deal.

Now, Democrats had many good intentions in drafting the American Rescue Plan — they wanted to help people and avert economic pain. And they had some successes, like low unemployment and strong GDP growth. But wages haven’t kept up with prices. And if this results in significantly worse economic problems in 2022, 2023, and 2024, not to mention electoral consequences for Democrats, it’s unclear whether it would have been worth it.

Screen_Shot_2022_05_09_at_5.35.48_PM.png

 

Expand  

this is, of course, wildly out of date and not reflective of the present conditions.

see below for more up-to-date data on this issue:

https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2

 

  On 10/13/2022 at 3:27 PM, Incredulity said:

Labor Force Participation.  How does it work?

Expand  

by steadily increasing from late 2020 to today?

https://fred.stlouisfed.org/series/CIVPART

 

  • Like 1
  • Haha 1
Link to comment
Share on other sites

  On 10/13/2022 at 3:41 PM, sidis said:

this is, of course, wildly out of date and not reflective of the present conditions.

see below for more up-to-date data on this issue:

https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2

 

by steadily increasing from late 2020 to today?

https://fred.stlouisfed.org/series/CIVPART

 

Expand  

Just down a full point from Pre-Covid.  NBD

  • Hook 'Em 2
  • Fuck You 3
Link to comment
Share on other sites

  On 10/13/2022 at 4:16 PM, Incredulity said:

Just down a full point from Pre-Covid.  NBD

Expand  

All things considered.... Yeah? Dude, COVID was one of the most impactful things many of us will encounter in our lives. It certainly was for me. The fact that we're only down a point for labor participation not even a year removed from "opening up" again is pretty remarkable. I'm not sure I agree with the basis of your criticism

  • Like 3
Link to comment
Share on other sites

  On 10/13/2022 at 4:16 PM, Incredulity said:

Just down a full point from Pre-Covid.  NBD

Expand  

Workforce participation has been trending downward starting with W's administration. Guess you should have voted for a Clinton in 2016 if labor participation rates were so important to you.

 

https://www.statista.com/statistics/191734/us-civilian-labor-force-participation-rate-since-1990/

Link to comment
Share on other sites

  On 10/13/2022 at 4:28 PM, Grade of D as in David said:

Workforce participation has been trending downward starting with W's administration. Guess you should have voted for a Clinton in 2016 if labor participation rates were so important to you.

 

https://www.statista.com/statistics/191734/us-civilian-labor-force-participation-rate-since-1990/

Expand  

It's important to me because of its direct correlation to the unemployment rate.

Causes of it's decline I have spelled out previously and doesn't singularly fall on any single administration.  

It's reality should tamper the excitement of historically low unemployment rates.  Spin is spin.

  • Hook 'Em 2
  • Fuck You 1
Link to comment
Share on other sites

  On 10/13/2022 at 4:33 PM, Incredulity said:

It's important to me because of its direct correlation to the unemployment rate.

Causes of it's decline I have spelled out previously and doesn't singularly fall on any single administration.  

It's reality should tamper the excitement of historically low unemployment rates.  Spin is spin.

Expand  

so you are angry about inflation, but you want the l.p.r. higher and unemployment to remain low?

okay.

or are you just pounding the only word the republicans can use for hopes of political success in the midterms?  as if inflationary rates coming out of a massive global economy-killing pandemic were not inherently going to be extreme regardless of which team happened to reside in the chair that day...

  • Hook 'Em 1
  • Like 3
Link to comment
Share on other sites

  On 10/13/2022 at 4:39 PM, sidis said:

so you are angry about inflation

Expand  

of course, its a highly regressive tax on low income earners.

  On 10/13/2022 at 4:39 PM, sidis said:

but you want the l.p.r. higher and unemployment to remain low

Expand  

What I want is an honest recognition of the macro labor trend and its interplay with the UR.  It's extremely problematic for the future, if the standard of living of 1990-2010 is the expectation.

  • Hook 'Em 2
  • Fuck You 1
Link to comment
Share on other sites

  On 10/13/2022 at 4:27 PM, Captainant said:

All things considered.... Yeah? Dude, COVID was one of the most impactful things many of us will encounter in our lives. It certainly was for me. The fact that we're only down a point for labor participation not even a year removed from "opening up" again is pretty remarkable. I'm not sure I agree with the basis of your criticism

Expand  

His name is Incredulity.

  • Hook 'Em 2
  • Like 1
  • Haha 4
Link to comment
Share on other sites

  On 10/13/2022 at 3:29 PM, Longhorn_Fan68 said:

oh man, that's way too reasonable and even-handed for today's politics. if you don't have someone to blame for all your problems then what do you have?

Expand  

No shit, someone hasnt been paying attention. We all know is this is Putin’s hike, and of course the guys who own the corner store gas stations.  

  • Hook 'Em 1
  • Haha 1
Link to comment
Share on other sites

Geezus these guys are a joke. Worldwide inflation because Biden is the dumbest shit ever. Wouldn't matter who was in charge. Also, my fence guy is charging 1.5 times the labor he used to because "supply chain issues", or is he seizing the opportunity to increase profits since he has a built in excuse like everyone else? 

  • Like 2
  • Fuck You 1
Link to comment
Share on other sites

  On 10/13/2022 at 3:01 PM, FirstTimeCaller said:

If you're going to blame Dems for inflation, then I trust you're also going to credit them for 3.5% unemployment and highest number of workers ever? 

I lean that Biden/Dems don't really deserve too much credit/blame for either, just get tired of hearing "Biden inflation" but silence on the employment stats. And the fact that inflation is hot literally around the world.

Expand  

It’s at 9.9% in the UK and those Tory fucks just proposed tax cuts for the rich. They DGAF. If Republicans were in power, they’d do the same thing here. 

Link to comment
Share on other sites

  On 10/17/2022 at 11:02 PM, Neonmoon said:

It’s at 9.9% in the UK and those Tory fucks just proposed tax cuts for the rich. They DGAF. If Republicans were in power, they’d do the same thing here. 

Expand  

 

  On 10/17/2022 at 11:08 PM, elfenix said:

tax cuts for the rich are the only actual policy republicans have.

Expand  

The fact they don't understand how this will backfire, both with voters (well, maybe) and actual economics, is nuts to me.  They are just dumb, greedy assholes.

Link to comment
Share on other sites

  On 10/17/2022 at 11:46 PM, Neonmoon said:

They don’t care. They will be voted out, and they want a cash grab on the way out 

Expand  

Right, but they are also going to be on the receiving end of the revolution when the poors fight back.  You'd think they would be smart enough to at least throw people a bone and keep the ship upright instead of just bombing it all to hell.

  • Haha 1
Link to comment
Share on other sites

  On 10/17/2022 at 10:57 PM, Thatguy said:

Geezus these guys are a joke. Worldwide inflation because Biden is the dumbest shit ever. Wouldn't matter who was in charge. Also, my fence guy is charging 1.5 times the labor he used to because "supply chain issues", or is he seizing the opportunity to increase profits since he has a built in excuse like everyone else? 

Expand  

Unless you can do without a fence does it matter?

#elasticity

Link to comment
Share on other sites

  On 10/17/2022 at 11:47 PM, Biff Tannen said:

Right, but they are also going to be on the receiving end of the revolution when the poors fight back.  You'd think they would be smart enough to at least throw people a bone and keep the ship upright instead of just bombing it all to hell.

Expand  

Revolution? Johnny Utah ain’t storming the Bastille with streaming NFL games and half price chicken wings. More importantly, the “rich” or “elites” are no longer behind a wall, a castle, or wearing a crown. They’re not even quantifiable. You can’t kill a C-Corp. Even if you kill the CEO, they will just hire a new person willing to crush workers and increase dividends for a percentage. That’s the beauty of the system too, anyone can participate in it. Why would I vote for workers rights? It may suck for some, but lower taxes means higher profits, and I own a few shares. Might even afford that new boat some day. Fuck you, pay me. 
 

 

  • Hook 'Em 3
  • Rage+1 1
Link to comment
Share on other sites

  On 10/18/2022 at 1:35 AM, Cousin Strawberry said:

PPP fraud is what is driving a lot of this inflation.  The companies screening those applicants did zero due diligence.  

Expand  

I'm not blaming PPP for inflation or not, but it's a thing that is wayyyyy under-discussed. At the time there was a lot of panic and no one knew exactly what would happen with the pandemic. But I feel like I hear a ton of mentions still about shutting schools down, vaccine mandates, etc. but almost zero about what was just a huge giveaway to business owners.

 

Link to comment
Share on other sites

Biden moves one step closer to making giant Pacific Ocean wind turbines a reality

 

https://amp.cnn.com/cnn/2022/10/18/politics/pacific-ocean-offshore-wind-sale-biden-climate/index.html

 

Biden is going to open the Pacific up to wind farms soon. Supposedly 2.8T of power at full capacity. Which seems wildly optimistic to me but I'm not complaining .

 

  • Hook 'Em 1
Link to comment
Share on other sites

  On 10/19/2022 at 12:07 AM, Post Oak said:

Biden moves one step closer to making giant Pacific Ocean wind turbines a reality

 

https://amp.cnn.com/cnn/2022/10/18/politics/pacific-ocean-offshore-wind-sale-biden-climate/index.html

 

Biden is going to open the Pacific up to wind farms soon. Supposedly 2.8T of power at full capacity. Which seems wildly optimistic to me but I'm not complaining .

 

Expand  

I still think tidal energy needs to be something much more widely discussed.  It's essentially using the moon's gravity to make energy 24/7.

  • Hook 'Em 1
Link to comment
Share on other sites

  On 10/13/2022 at 2:17 PM, Incredulity said:

Thank God, The Flying Spaghetti Monster, St. Bernie, Your Fauci Prayer Candle or whatever personal deity you pray to that Dank Brando and the Democrats had the crystal clear insight and vision to pass the Inflation Reduction Act.  Can you IMAGINE how bad this could be?

 

https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html

ECONOMY

Inflation increased 0.4% in September,

 

 Core inflation was up 6.6% from a year ago, the biggest 12-month gain since August 1982.

 

Expand  

Name one policy that always saves our economy. Always saves the economy. Take your time.

I'm going to say tax breaks for the rich.

Good answer! Great answer.

 

spacer.png

Link to comment
Share on other sites

  On 10/19/2022 at 4:53 AM, Willfully Horn said:

This ought go in the Katie Porter thread, but I doubt  @Incredulity would see it there.

 

 

Expand  
  Quote

After leaving the NCEA, Faux teamed up with eight labor unions and prominent left-leaning economists to create the Economic Policy Institute

Expand  

I am STUNNED at the conclusions provided.  Impressive craftsmanship of the board though.  Totally blown away by her ability to point with a dry erase pen.

Link to comment
Share on other sites

On the one hand, "corporations" tend not to be feeling the pinch the way consumers are feeling the pinch.  They seem to be maintaining, but not expanding, the usual profit margins in the face of increased COGS.

That's actually beneficial for the shareholder class, but detrimental to the lower classes. So, it's one of those "forces" driving wealth and income inequality.

I'm not sure how you legislate or regulate business/corporations to force them to have a social conscience.  It's one of the stickiest wickets we face.

Link to comment
Share on other sites



×
×
  • Create New...