Consumer price index surges 6.2% in October, worse than expected and the highest since December 1990

Discussion in 'Current Events' started by Bearack, Nov 10, 2021.

  1. Capt Nice

    Capt Nice Well-Known Member

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    Prove it yourself. Ask any broker how someone would have made out last month with a portfolio of good solid Blue Chip stocks.
     
  2. Zorro

    Zorro Well-Known Member

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    Oh, it appears to me that they are, and in a big way.

    Poll: 57% correctly say inflation is a cruel tax on the poor.

    And the Left claims that we are "bitterly divided"? I'd say that we are fairly united on several important points.

    Only 23% disagree that inflation is a cruel poverty tax.

    Broad Agreement of folks who say that Bidenflation is a cruel tax on the Poor.
    • "Sixty-one percent (61%) of Republicans
    • 56% of Independent voters and
    • 55% of Democrats.
    • Fifty-nine percent (59%) of White voters share that view along with
    • 56% of Hispanic voters and
    • 50% of Black voters."
    59% of voters nationwide rightly put their finger on excessive government spending as causing inflation. Only 14% disagree.

    We are largely united on the view that out of control Dems are destroying the value of the money in our pockets.
    • "just 22% of voters want an out of control Congress and the demented "President to increase federal spending next year."
    • "Thirty-nine percent (39%) want spending to be cut and
    • 21% would like it to remain about the same."
    Now when Trump, the Orange Miracle, was deftly heading off deflation, the majority wisely wanted that necessary increased spending that he wisely implemented. A year ago, "just 14% of voters wanted the government to stop spending more money."

    They were repeatedly warned and they rudely and dismissively blew past the warnings, first they said, no inflation, then they all chanted "TRANSITORY!" like so many mindless parrots, and now that it's here, they want to blame someone else and spend $Trillions more! That's because they are thieves. Massive portions of this spending is skimmed by affiliated groups. They flow $Billions just so they can illicitly skim $Millions, screwing us while they like their own filthy corrupt pockets.

    Looks like Americans are downing the Red Pills!

    GOP Congressional Majorities at the voters to replace these mad clowns at the First Possible Opportunity:

    Senate - GOP 66% Dems 34%
    House - GOP 79% Dems 21%

    https://electionbettingodds.com/House2022.html
     
    Last edited: Nov 12, 2021
  3. The Last American

    The Last American Newly Registered

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    YOU said YOU did - I call bullshit.

    PROVE IT.
     
  4. grapeape

    grapeape Well-Known Member Past Donor

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    Nobody said that increasing minimum wage "fixes everything".

    Your entire premise on minimum wage is that when it increases, prices increase, but fail to also accept that prices go up based on myriads of other factors, and that minimum wage must follow those increases. Keeping minimum wage low artificially keeps other wages low. There are tons of studies that come up with all kinds of reasons why wages are low, and why people have less buying power etc. But one thing they all petty much agree on is that the biggest driver is the wealth gap in this country. More money ie being kept at the top, money that does not help the economy because it does not circulate.

    We currently have a form of worker welfare that benefits those at the top. You cannot ask why the government spends so much money on "welfare programs" without admitting that because prices are so high, and wages are so low, that the government is not subsidizing the employee, they are subsiding the EMPLOYER!

    Now I want to be clear,I am not saying employers shouldn't make more money, what I am saying is that the current distribution of profits in this country is the primary driver social spending by the government. Look at John Deere as a primary example. John Deere made $6 BILLION dollars in PROFIT last year, and they are wont give their 5000 workers more than a 3% and they are asking for a 5% raise That 2% would cost John Deere and estimated $50 million dollars per year, or less than 1% of that profit.

    THATS the problem in America today. But dont worry, you and I will have our taxes raised to help those people live their day to day lives, and we will bitch and mona about it, but keep refusing to admit that the problem isn't us, its the system
     
  5. Capt Nice

    Capt Nice Well-Known Member

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    I don't have to prove a damn thing to you or anybody else. If you want to know you can find out for yourself. If you're too lazy to do that, that's your problem and not mine.
     
  6. US Conservative

    US Conservative Well-Known Member Past Donor

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    I'm jealous.
     
  7. RodB

    RodB Well-Known Member Donor

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    And that December, 1990 bubble was a fluke.
     
  8. Zorro

    Zorro Well-Known Member

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    Everyone warned the Dems that their Red Ink Orgy Was going to light an inflationary bonfire, but they pooh poohed the warnings and now inflation is taking back the pay increases that workers received while Trump was president.

    Democrats have run out of believability with the voter. They’re out of touch with reality, starting at the top.
    If Biden was the moderate voice of maturity he ran as, they would be looking to pick up seats in both Houses, but, with Biden's bait-and-switch — not a collaboration moderate but a progressive extremist, they're was already going to be bleeding of support, but, and shred of credibility he had was "abandoned in Kabul along with several thousand Americans, and voters aren’t buying Biden’s attempts to resurrect it. Don’t be surprised if more Democrats in both chambers of Congress decide to hang it up rather than double down on insane in 2022."
     
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  9. US Conservative

    US Conservative Well-Known Member Past Donor

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    The dems are dropping like flies in congress.

    I think they see whats coming.
     
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  10. Zorro

    Zorro Well-Known Member

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  11. US Conservative

    US Conservative Well-Known Member Past Donor

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    Last edited: Nov 16, 2021

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