How can a POTUS drive inflation up, or down?
I'm told by the lefties that Biden has no effect on, or control of, inflation.
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NoThanksLeon · M
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ElwoodBlues · M
JimboSaturn · 51-55, M
@NoThanksLeon MY liberal system? wft? I don't control anything lol. Well find some information that you think isn't revisionist too. Plus I've lived it too and experience and "ohh my feelingggss" aren't evidence. So man up and be smart and give me some data.
JimboSaturn · 51-55, M
Inflation is a world wide phenomena. Nations can do things like raise interest rates but they are not in complete control of a world economy. The US economy, despite the "feeling's of people", is actually kicking ass compared to the rest of the world. GDP is up. All stats point to a recovering economy.
JimboSaturn · 51-55, M
@NoThanksLeon Told me what?
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ElwoodBlues · M
@NoThanksLeon says
Let's consult the historical record: "From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans."
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/#51469926faaf
And check out job growth red vs blue
Perhaps you'd prefer to look at GDP growth??
[sep][sep][sep]
I see you're whining about "AI."
If you think the numbers are wrong, go ahead and look up some of them. Post your numbers along with sources. Oh, wait, I forgot, you're allergic to data and research. SAD!!
And all YOU do is cry "troll".
FALSE!! I supplied evidence and invited you to disprove it. Remember this??Let's consult the historical record: "From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans."
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/#51469926faaf
And check out job growth red vs blue
Perhaps you'd prefer to look at GDP growth??
[sep][sep][sep]
UPDATE
[sep][sep][sep]I see you're whining about "AI."
If you think the numbers are wrong, go ahead and look up some of them. Post your numbers along with sources. Oh, wait, I forgot, you're allergic to data and research. SAD!!
jackjjackson · 61-69, M
ElwoodBlues · M
@jackjjackson Wow, you made that up and lied🤣😂
jackjjackson · 61-69, M
Even the left wing US says so 😳 @ElwoodBlues
ElwoodBlues · M
@jackjjackson Evidence?? Of course not🤣😂🤣😂
jackjjackson · 61-69, M
MrBrownstone · 46-50, M
Buy sending billions to other countries.
JimboSaturn · 51-55, M
@JimboSaturn Read the article. Look it up yourself, think!
MrBrownstone · 46-50, M
@JimboSaturn So the US has the exact amount of physical money as funds in all the world?
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zonavar68 · 51-55, M
Is the Fed independent of government? Trump doesn't want it to be. Our Aussie reserve bank is independent of government. Inflation cannot be *easily* manipulated without flow-on effects like triggering recessions, driving up property prices, killing other financial markets, etc.
As did the righties when Trump was in office. Do you want Free Enterprise or not?
BizSuitStacy · M
Theyitis · 36-40, M
@BizSuitStacy Those can both be true (and they are). Gas prices were increasing because people were starting to drive again after the Covid lockdowns, and then they rose some more when Russia invaded Ukraine.
BizSuitStacy · M
@Theyitis gas prices sky rocketed the moment Biden pushed over the 1st domino signing off on the EOs. We were already in covid lockdown
Check the CPI...gas was 75% higher under Biden than under Trump by the time Putin invaded. Your problem is the data doesn't support the male bovine manure you're shovelling.
Check the CPI...gas was 75% higher under Biden than under Trump by the time Putin invaded. Your problem is the data doesn't support the male bovine manure you're shovelling.
ElwoodBlues · M
@NoThanksLeon says
Let's consult the historical record: "From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans."
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/#51469926faaf
And check out job growth red vs blue
Perhaps you'd prefer to look at GDP growth??
[sep][sep][sep]
I see you're whining about "AI."
If you think the numbers are wrong, go ahead and look up some of them. Post your numbers along with sources. Oh, wait, I forgot, you're allergic to data and research. SAD!!
And all YOU do is cry "troll".
FALSE!! I supplied evidence and invited you to disprove it. Remember this??Let's consult the historical record: "From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans."
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/#51469926faaf
And check out job growth red vs blue
Perhaps you'd prefer to look at GDP growth??
[sep][sep][sep]
UPDATE
[sep][sep][sep]I see you're whining about "AI."
If you think the numbers are wrong, go ahead and look up some of them. Post your numbers along with sources. Oh, wait, I forgot, you're allergic to data and research. SAD!!
NoThanksLeon · M
@ElwoodBlues AI
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akindheart · 61-69, F
JimboSaturn · 51-55, M
@CestManan It's complicated so people just blame the current government.
JimboSaturn · 51-55, M
Patriot96 · 56-60, C
Spends money we dont have. Gives money to foreign wars. The fed prints more monopoly money
Theyitis · 36-40, M
Do you think we’re wrong? If so, then why don’t you try to answer that question?
BizSuitStacy · M
Monetary restraint, and then drill baby, drill!
ChipmunkErnie · 70-79, M
Basically, he can't.
BohemianBoo · M
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