How Proud You Must Be of Crooked, Incompetent Biden

[Jimmy Higgins]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

America's dollar isn't devaluing globally. I've seen some cricket matches in the West Indies and Pakistan and there are prize rewards shown in "USD", and not for the broadcast's sake.

Inflation, like most things in life, is complicated. In the US, inflation was caused by different staggered causes, such as supply shortfalls and then energy prices. Government spending could be a portion of the inflation, however, seeing that inflation is being seen across the globe, it is most likely a convergence of a number of complicated causes from the pandemic, and the increase in prices of oil and gas caused by the Ukraine invasion and OPEC+ cuts.

 

[Shadowy Man]

But, meme!

 

[ZiprHead]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

 

[Oleg]

Every major world currency is currently experiencing high inflation.

US inflation is higher than all other OECD countries, because . . .

 

[Oleg]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

Yes, I know that Democrats want to blame oil and supply chains. I've seen the memo.

 

[ZiprHead]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

Yes, I know that Democrats want to blame oil and supply chains. I've seen the memo.

Okay, so disprove that that is the cause.

 

[Jimmy Higgins]

The United States is experiencing higher rates of inflation than other advanced economies. In this Economic Letter we argue that, among other reasons explored by the literature, the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the recent rise in inflation. However, without these spending measures, the economy might have tipped into outright deflation and slower economic growth, the consequences of which would have been harder to manage.

Interesting read.

 

[ZiprHead]

I guess I'll have to post this again.

 

[Oleg]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

Yes, I know that Democrats want to blame oil and supply chains. I've seen the memo.

Okay, so disprove that that is the cause.

Hell, even Biden said so.

Biden concedes his COVID stimulus checks fueled spike in inflation

President Biden insisted inflation is at a three-decade high because “people have more money now” as a result of his $1.9 trillion COVID-19 stimulus legislation.

nypost.com

 

[ZiprHead]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

Yes, I know that Democrats want to blame oil and supply chains. I've seen the memo.

Okay, so disprove that that is the cause.

Hell, even Biden said so.

Biden concedes his COVID stimulus checks fueled spike in inflation

President Biden insisted inflation is at a three-decade high because “people have more money now” as a result of his $1.9 trillion COVID-19 stimulus legislation.

nypost.com

And he's wrong. See the video above.

 

[Oleg]

Biden isn't great, but what the Democrats have accomplished with a 50-50 Senate and a tight House is just short of a miracle.

Inflation isn't a miracle. It's just bad governance.

Please explain how inflation is just bad governance.

What do you think causes inflation, anyway? Whether it's debasing the denarius or massive government debt spending, when the currency is devalued you get inflation.

That's not what's causing our present inflation.

Yes, I know that Democrats want to blame oil and supply chains. I've seen the memo.

Okay, so disprove that that is the cause.

Hell, even Biden said so.

Biden concedes his COVID stimulus checks fueled spike in inflation

President Biden insisted inflation is at a three-decade high because “people have more money now” as a result of his $1.9 trillion COVID-19 stimulus legislation.

nypost.com

And he's wrong. See the video above.

No he's not. Come, on. It's one of the lessons of the Weimer Republic. I got one of these as a joke Christmas present once:

 

[Jimmy Higgins]

No he's not. Come, on. It's one of the lessons of the Weimer Republic. I got one of these as a joke Christmas present once:

Dude, the paper you linked indicated:

The United States is experiencing higher rates of inflation than other advanced economies. In this Economic Letter we argue that, among other reasons explored by the literature, the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the recent rise in inflation. However, without these spending measures, the economy might have tipped into outright deflation and slower economic growth, the consequences of which would have been harder to manage.

There are two words worse than inflation, stagflation and deflation. And as the paper notes, this isn't the only inflation, it only was part of the inflation.

 

[steve_bank]

Both sides use the same tactics.

When in power both sides try to pack the Supreme Court with biased judges, then accuse the other side of packing the court.

What is the left wing’s equivalent of the Federalist Society?

The communist party?

Are you fucking serious? The Federalist Society is engrained in the GOP. The communist party in the US consists of thousands of Americans who have less than zero influence in any part of American politics.

Back when I had a long communte I went back and forth between progressive and conservative radio. Both sides used the same kind of rhetoric and tactics.

Progressive radio hosts called the right dangerous Nazis. Conservative radio called the left dangerous communists.

I forget the name, a progressive radio host got suspended for excessive use of the word Nazi. He was the progressive flip side of Rush Limbaugh.

The right-wing rhetoric has gotten uglier over the years. It went from political to close to the insane. Michael Savage became somewhat mainstream, and now we are hearing about children hospitals performing "experimental surgeries" on children and "genital mutilation".

There are real issues and consequences in politics, but what we see in the media is a show for the public. It is all managed by high priced political image specialists on both sides. Psychologists.

Moore-Coulter. Yes, both sides, but one side is beyond outside the limits of rational politics. Between 2017 and 2020, Fox News began losing viewers due it

The left and the right are both entangled in ideology over practicalities.

I don't see much diffence between the left and right. Each side has wacky dangerous ideological
extremes.

Biden is a poster boy for how conservatives paint progressives. Print money and spend without limit.The progreeies think if we give away a lot of many all wrongs will be righted and all hurts healed.

It may have chnged, the upper limit on stdent debt was $125,000 a year in income. Not as bad as Trump usurping power, the idea that Biden can arbitrarilyy forgive debt is ridiculous. Probably illegal.

Progressies are headed to socialism.

 

[ZiprHead]

No he's not. Come, on. It's one of the lessons of the Weimer Republic. I got one of these as a joke Christmas present once:

In case you missed it, this ain't Zimbabwe.

 

[Jimmy Higgins]

The left and the right are both entangled in ideology over practicalities.

Moore-Coulter.

I don't see much diffence between the left and right. Each side has wacky dangerous ideological
extremes.

The difference is the GOP's alt-right wing has started to have a stranglehold on the party, and over half of the Republicans in the House voted to fuck over the 2020 election. In 2016, the Democrats were depressed as all fuck and a handful tried to do something that went no where.

Biden is a poster boy for how conservatives paint progressives. Print money and spend without limit.The progreeies think if we give away a lot of many all wrongs will be righted and all hurts healed.

Except, the GOP are habitual deficit spenders, have been since Reagan.

 

[ZiprHead]

Biden is a poster boy for how conservatives paint progressives. Print money and spend without limit.

Yet it's the Republicans that consistently do that, usually through tax breaks for the wealthy and corporations. I suggest you look up the Two Santa Claus Theory.

 

[Gun Nut]

Ah memes... so useful for people who can't define a concept, but can vaguely describe a caricature of the thing they lack the words to express.
Point to the picture where Presy Bidey touched you, "Pariah".

 

[Jarhyn]

The dollar is not inflated.

 

[Gun Nut]

The Bush, Clinton, and Kennedy families were as corrupt. Trump stands out as the extreme.

Ted

I would put Clinton as most corrupt by far. Then Bush (Iraq War) with Kennedy far behind Trump.

AFAIK, Kennedy nor Trump have ever been accused of killing or wacking off their enemies.

If you are going to count accusations as legitimate indications of corruption, Trump certainly jumps ahead any Bush and Clinton in your system of calculations. Trump has almost legendary status with accusations of illegal and shady business dealings.

He settles out of court more often than not (something like 500 out of 1300 lawsuits). Remember, his crime family started with commercial real estate in NYC long ago. He has a well established MO of not paying for materials or services until he is forced to in court for less than was originally agreed... standard practice to "settle" for less than he was supposed to pay.
Its so cute to see people just realizing shit about his guy that I knew, growing up 2 blocks from his house and going to the same elementary school as him, that everyone in NY knew about him.
You know who is at fault for introducing this piece of shit to the world as some kind of (totally stable) business genius? The fucking assholes at The Apprentice. Talk about putting lipstick on a pig.

 

[Shadowy Man]

Biden is a poster boy for how conservatives paint progressives. Print money and spend without limit.The progreeies think if we give away a lot of many all wrongs will be righted and all hurts healed.
.

Yes. It is truly amazing how many times the Democrats have obliterated the budget right after the Republicans finally balanced it.