Trump wrote:If Biden gets in, this market’s going to crash like you’ve never seen before.
Biden caught lying again and again
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Re: Biden caught lying again and again
US economy added 531,000 jobs in October, beating expectations. Unemployment rate down to 4.6 (was 6.3% when Biden took office).
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Re: Biden caught lying again and again
Oh? I thought Rome was burning? Honestly if this keeps up, in three years no one will remember Biden's early screw ups and his job approval rating will go up.
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Re: Biden caught lying again and again
Biden said the tiny increase in wages outpaced his hyper inflation costs
This is an outright LIE
This is an outright LIE
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Re: Biden caught lying again and again
DOW hits new high today.
Inflation is a concern, but not dire. We saw inflation during the 2008 recovery and then what happened? Dropped through the floor before leveling off at 2/2.5%.
Inflation is a concern, but not dire. We saw inflation during the 2008 recovery and then what happened? Dropped through the floor before leveling off at 2/2.5%.
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Re: Biden caught lying again and again
Inflation = too much demand chasing too little supply. It's not abnormal in a rapidly improving economy, especially when the economy had been in the tank due to the pandemic.XtremeJibber2001 wrote: ↑Nov 5th, '21, 12:51 DOW hits new high today.
Inflation is a concern, but not dire. We saw inflation during the 2008 recovery and then what happened? Dropped through the floor before leveling off at 2/2.5%.
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Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
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Re: Biden caught lying again and again
wth economy 101 inflation outpaces wages and people LOSE money you people need to back to school
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Re: Biden caught lying again and again
On Wednesday Biden said that given illegals $450,000 a garbage report and is not true and wii not happen.
Yesterday he says it is a true report
Biden can’t tell the truth to save his own life.
Yesterday he says it is a true report
Biden can’t tell the truth to save his own life.
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Re: Biden caught lying again and again
You also have to wonder how much of this inflation is due to supply chain issues stemming from the pandemic.Bubba wrote: ↑Nov 5th, '21, 15:23Inflation = too much demand chasing too little supply. It's not abnormal in a rapidly improving economy, especially when the economy had been in the tank due to the pandemic.XtremeJibber2001 wrote: ↑Nov 5th, '21, 12:51 DOW hits new high today.
Inflation is a concern, but not dire. We saw inflation during the 2008 recovery and then what happened? Dropped through the floor before leveling off at 2/2.5%.
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Re: Biden caught lying again and again
Biden down to 38% approval and falling
LOL. LETS GO BRANDON!
LOL. LETS GO BRANDON!
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Re: Biden caught lying again and again
Probably most of it? It's creating supply shortages. Downsides of just in time inventory is on full display.easyrider16 wrote: ↑Nov 8th, '21, 05:45You also have to wonder how much of this inflation is due to supply chain issues stemming from the pandemic.Bubba wrote: ↑Nov 5th, '21, 15:23Inflation = too much demand chasing too little supply. It's not abnormal in a rapidly improving economy, especially when the economy had been in the tank due to the pandemic.XtremeJibber2001 wrote: ↑Nov 5th, '21, 12:51 DOW hits new high today.
Inflation is a concern, but not dire. We saw inflation during the 2008 recovery and then what happened? Dropped through the floor before leveling off at 2/2.5%.
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Re: Biden caught lying again and again
VP HARRIS APPROVAL RATINGS DOWN TO HER KNEES AT 27.8% LOL!!!
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Re: Biden caught lying again and again
The Labor Department will report the latest CPI reading Wednesday at 8:30 a.m. ET. Economists polled by Dow Jones are expecting a jump of 0.6%, or a year-over-year gain of 5.9%. On a core basis, excluding food and energy, economists expect a gain of 0.4% or 4.3% year over year.
“There’s a risk it could be even higher,” Grant Thornton chief economist Diane Swonk said.
“We’ve got some unusual distortions with used car prices, airfares going up and hotel room rates rising,” she added. “You could get some surge prices in services, at the same time you had a snapback in used car prices and new car prices also went up because demand went up with the flooding” from summer hurricanes.
Used car prices were a culprit behind rising inflation in the spring. They fell down in the summer and declined last month, but they could begin to rise again, Swonk said.
If the CPI reaches 5.9%, it would be the biggest year-over-year gain since December 1990. Consumer prices were 5.4% in September year over year.
CNBC BTW