honk honk

🤡
https://www.bitchute.com/video/MNyNdfExadY8/

And my argument is that it doesn't matter if inflation is 3%, 6%, or even 9% for them. They are fucked for a bunch of other reasons and the current amount inflation is negligible relative to the financial pain they see each and every day. We can absolutely talk about those iother ssues and talk about how the current administration is failing to address them. But to say that 6% inflation after the supply chain got upended is the main thing to be worried about is incredibly shortsighted.

I hope it gets even worse for Biden.

We're going to need absolute apocalypse before most of the liberals wake up and are forced to acknowledge their moral and intellectual failures.

a fucked supply chain due to inept and delusional fiscal is not to worry about? i want my relatives to be sure santa gives their kids all the gifts i paid for.

and 10% higher shit across the board minimum does affect people who can progress upwards. It adds up quickly when we are talking about after tax disposable income. thats less money to buy appreciable assets which we all know is key to upward mobility

how sideways are things going for the "Great Negro" administration when even CNN trash-rag is lynching them

And mind you that this is coming after she ran a frustrating and dysfunctional campaign. Imho, it's blatantly obvious by now that Harris just isn't a good politician.

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You said a couple of days ago that the admin should let the inflation just play out and maybe consider doing something about it when it stands at 9% at the end of next year - together with the 6% from this year, that would be 15%. And it will take another couple of months until whatever action the admin takes actually shows an effect. So you are essentially advocating for people having to eat a loss of purchasing power of up to 20% (if they cannot renegotiate their wage). It's absurd to downplay or belittle this kind of loss ("if that puts you into financial trouble, you consume too much") or tell people that that's nothing they should worry about.

Effectively, your entire stance on this issue is a huge bet on the inflation being transitory and abating by itself at some point in 2022. But if this bet doesnt work out, shit will hit the fan really hard both economically and politically. If I were Biden, I definitely wouldn't want to take this bet.

This post was edited by Black XistenZ on Nov 14 2021 08:28pm

social security is getting a 6% odd boost as well https://blog.ssa.gov/social-security-benefits-increase-in-2022/

but never fear, millionaires at nbc say this is no issue

https://www.google.com/amp/www.realclearpolitics.com/video/2021/11/14/nbcs_stephanie_ruhle_the_dirty_little_secret_about_inflation_is_you_can_afford_it.amp.html

"Last year, you had nowhere to go out and spend your money due to lockdowns - so now its okay for inflation to eat up these involuntary savings."

lmao!

what an insufferable out of touch swamp demon cheerleader. having the gall to go about saying nonsense like that with a smile. it really is a sickness..

I do because I believe in the free market. Unless there is a national security or severe health crisis, I believe that the government should have minimal interference. Eventually, shipping companies will figure out optimal routes for the new normal and there will be less strain. Factories will reopen again once 3rd world countries see higher vaccination rates. I don't know WHEN that will happen but I do know that it'll eventually happen. While I think it'd be hilarious for Biden to mandate that all the lazy white trash work 18 hour work days at 10 cents an hour, I wouldn't advise it. I also wouldn't advise using the military to transport goods across the United States and I wouldn't advise using the Navy to assist with shipping. If inflation lasts through the midterms then that just sucks for Biden and his party will pay for it at the polls. Tough luck! If you were Biden what would YOU do to solve the supply chain issue?

As for savings being destroyed, I don't really buy that argument. Traditionally, that occurs when the money supply expands and you're only losing out IF you need to consume NOW. If you're unfortunate enough to have to buy a car, yea, you got the short end of the stick. But if you can hold off a year or two, things will stabilize and you'll get a better deal. The inflation that we're seeing now doesn't seem related to monetary policy so I think there's less interest from the Fed to "fix it."

This post was edited by thundercock on Nov 14 2021 09:50pm