Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

How much more money are you spending on average per month in this horrible economy?

This page is a permanent link to the reply below and its nested replies. See all post replies »
boudinMan · 61-69, M
the average family is spending $700 more per month than they were two years ago... bidenomics.
windinhishair · 61-69, M
@boudinMan Wow, Biden must be amazingly powerful to create inflation single-handedly on a GLOBAL basis! The US is actually faring better than most of the countries on earth.
boudinMan · 61-69, M
@windinhishair wow, $700 extra per month for struggling families and you couldn't care less... typical.
windinhishair · 61-69, M
@boudinMan I care quite a bit, actually, but Biden isn't the cause unless he is all-powerful over the global economy.

Please post a link to a source documenting that number so we can make sure you aren't lying about the extent of the increase, as you typically do. And show what the typical expenditures are per family so we can see the percentage increase over that period of time.
boudinMan · 61-69, M
@windinhishair since you're incapable of conducting a search: https://www.linkedin.com/pulse/families-spending-700-more-per-month-than-two-years-ago-thanks-inflation

and yes, biden gets the blame... i can only imagine what you and your ilk would be saying if trump were still in office. suck it up.
windinhishair · 61-69, M
@boudinMan How is Biden responsible for inflation in China? France? The UK? Sri Lanka? Australia? Please list the specific actions that Biden has taken that has caused inflation in those countries and in the US.
boudinMan · 61-69, M
@windinhishair i'm not concerned about china, france, the uk, sri lanka, and australia... that's the problem. leftists think we should be. it helps them shift the blame elsewhere. but, for the u.s., grandpa joe and his minions, from the very beginning downplayed and all but ignored inflation. they're still trying to convince people it's just republican propaganda. people know better.

braindead joe knows nothing about the economy. he's been in government all his career, enriching himself thru his crackhead son. he doesn't care, and if he did, he would be clueless as to what to do anyway. he can't lead because he's too busy sleeping or eating ice cream, so he just tells 'his people' to go out and spin it (reports of inflation causing misery to low and middle income americans).
windinhishair · 61-69, M
@boudinMan So you cannot list anything specific that Biden has done to cause global inflation, or even inflation in the US. Just ranting about sleeping and Biden and ice cream and random words. So typical of you and the other Trump Cult members.

Shall we put things in actual numbers and perspective instead of economic issues you don't understand and are incapable of understanding? The average US family spends an average of $5,577 per month. That is $709 more than two years ago, which is 12.7% of current expenditures. Average wages over the past two years have increased by 10.1%. So there has been a net decline in spending power as expenditures have outstripped wages by about 2.6%. Most of that increase has been in housing and energy (and remember that energy costs were significantly lower during covid). That's not a massive net increase, but it does make a big difference for families living right on the edge. How about we make some tax changes to help out people like that? Oh wait, we can't. The Republican House can't do anything for the foreseeable future, or even elect a Speaker.

And how is inflation doing now?
tradingeconomics.com/country-list/inflation-rate
The US is faring better than most other nations during this period of global inflation.
boudinMan · 61-69, M
@windinhishair and what did biden do regarding energy as soon as he got elected? he halted new oil and gas leases on federal lands and waters. then, he canceled the keystone XL pipeline and suspended oil and gas leases in the arctic national wildlife refuge and new mexico, just for starters. he also instituted more EPA regulations, such as phasing out an inexpensive, common refrigerant. (a couple of a/c repair guys have mentioned that to me.)

he also used the 'build back better' agenda to institute ridiculous green new deal taxes on natural gas and home heating.

put that in your pipe and smoke it.
windinhishair · 61-69, M
@boudinMan Biden increased oil and gas production from the levels produced under Trump. You’re welcome. And Democrats passed the Inflation Reduction Act to reduce future dependence on fossil fuels. You are welcome again.

The Section 608 regulations on refrigerants don’t phase out common refrigerants. They do regulate handling though to prevent emissions. You’re welcome.

None of these have a major impact on current global inflation. Do you have anything else to vent about while ignoring the issue of global inflation?
boudinMan · 61-69, M
@windinhishair bullshit: https://www.reuters.com/markets/commodities/us-plans-sharp-reduction-offshore-oil-gas-auctions-2023-09-29/

reduce future dependence on fossil fuel and increase dependence on lithium, cobalt, manganese, nickel, and graphite... yeah, smart move there since china already has a foothold in congo, which has most of the world's supply of cobalt.

yes, refrigerants are being phased out: https://www.epa.gov/sites/default/files/2015-07/documents/phasing_out_hcfc_refrigerants_to_protect_the_ozone_layer.pdf
windinhishair · 61-69, M
@boudinMan Your selective bullshit just continues to flow unabated. You do know that offshore gas auction leases are not the only source of oil, right? Right? Domestic oil production in January 2021, the month Trump left office after trying to steal the election, was 11.137 thousand barrels per day. It was 12.991 thousand barrels per day in July 2023, the last month data is available for. Biden has increased domestic oil production since Trump left office. FACT.

Lithium production is a valid issue for batteries, but we will be far worse off relying on fossil fuels which accelerate global climate change than switching to renewable sources. Continuing to support fossil fuel use given their huge negative environmental consequences is just profoundly dumb, even for the Trump Cult.

I never said we aren't phasing out certain refrigerants. We are, and have been for several decades. Your claim was [quote]he also instituted more EPA regulations, such as phasing out an inexpensive common refrigerant[/quote] That is patently false; even your own source from 2015 predates Biden taking office SIX YEARS LATER in 2021. It was happening well before Biden and will continue long after. And if those regulations were so egregious, why didn't Trump do anything about them while he was president for 4 years?

Look, everyone knows you hate Biden, and you will do anything to make up shit to attribute to him. Every president makes decisions that are open to being questioned. But at least put things in proper perspective when you do.
boudinMan · 61-69, M
@windinhishair and your hate for trump knows absolutely no bounds. i'd be willing to be you hated him way before the 2020 election, which yes, was stolen. just not the way you think it was.

the left made up shit about him from day one, so you preaching to me about attributing certain things to biden holds no water. the left did that for four years about trump.

if you can't take the heat, get out the fuckin' kitchen.
windinhishair · 61-69, M
@boudinMan I was aware of and disliked Trump for destroying the USFL in the 1980s and for calling for the execution of the Central Park Five even after they were cleared of wrongdoing. He has been a lying blowhard for decades. It wasn't until he realized that he could control the poorly educated that he became a Cult figure to them and a danger to others. He even has you believing that the election was stolen from him, when there is not a shred of evidence, his own lawyers are pleading guilty to being accomplices, and Fox News, a leading proponent of the bullshit, has been fined $787 million for spreading lies and has another, likely larger, lawsuit ongoing.

The left doesn't have to make up anything about Trump. There is so much to choose from that it can't even all be used.

I will continue to call out your bullshit as you continue to produce it.
boudinMan · 61-69, M
@windinhishair and you will continue to lie, because the left DID make up stuff about him from the very beginning.

btw, you lied when you said he called for the death penalty for the central park five... he didn't. he called for new york to reinstate the death penalty for murderers. see... people like you always get the facts wrong, probably intentionally. i'll just leave it at that.
windinhishair · 61-69, M
@boudinMan The Cult is impervious to facts, which Trump counts on and exploits. He has continuously refused to accept the exonerations of the Central Park Five following their release. However, his racism, among other things, has earned him his Cult following among the poorly educated and ignorant.
boudinMan · 61-69, M
@windinhishair you lied and you got caught lying just now. that's all that needs to be said. DTS is alive and well and you just proved it. now, run along, little doggy.
windinhishair · 61-69, M
@boudinMan You lied about Biden and refrigerants and got caught. You lied about Biden controlling global inflation and gas prices. You continue to lie about the 2020 election. Like Trump, you are fundamentally unable to be truthful. Time for you to give up while you are behind.
Docdon23 · M
@windinhishair and do not assume his $700 claim is correct. Inflation is lower now than under trunp...
boudinMan · 61-69, M
@Docdon23 that's laughable.
Docdon23 · M
@boudinMan yes, keep ignoring facts--make it up as you go along and consult fake news like Fox--you can always find right wing nonsense to support your biases
boudinMan · 61-69, M
@Docdon23 go ahead and link it then.
windinhishair · 61-69, M
@Docdon23 The $700 increase over the last two years appears to be correct, but as usual with right-wing buffoons, it lacks context. The increase since 2021 is approximately 12.7% of the current monthly expenditures of $5577 for an average US family. Wages and salaries over that time period are also up, by 10.1%. So when you take both the increase in expenses and wages and salaries into account, the difference is approximately 2.6%, or $145. In terms of raw purchasing power, the average family has approximately $145 per month less, in 2023 dollars, than it did in 2021. Not $700.
boudinMan · 61-69, M
@windinhishair keep trying to tell people they're not feeling any pain when they purchase basic food items, not to mention the increase in clothes, automotive services, utilities, eating out, and such. i hope you leftists continue to play that card.
windinhishair · 61-69, M
@boudinMan Did I say people were feeling no pain? You continue to lie instead of letting the facts speak for themselves. Facts matter, like the fact Biden won the 2020 election by a wide margin in a free and fair election. You can continue to believe otherwise, but Biden won and won substantially as the facts attest and have proven in courts of law across the US.
boudinMan · 61-69, M
@windinhishair you downplay the pain people are feeling in this awful economy, which is truly despicable.