76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell.

The guy who essentially announced dumping the Taylor Rule at the annual Jackson Hole Symposium in August of 2020 indicating that the FED was willing to allow unemployment to dip lower and that it wanted inflation to increase. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

Unit2Sucks said:

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

76BearsFly appears to have ignored the $28 BILLION that Trump gave the Farmer's in the form of a BAIL-OUT

He also fails to mention that Trump had his own $2.2 TRILLION stimulus package called the CARES ACT that he signed into law in late March of 2020 and bragged about how massive it was and the largest stimulus ever.

Here are Trump's remarks in which he BRAGGED about how big it was.
And how it could potentially be as big as $6.2 TRILLION.

Remarks by President Trump at Signing of H.R.748, The CARES Act The White House (archives.gov)


Who would have ever thought that a Republican President would ever support a BAIL OUT ?

Never mind that his massive BAIL OUT for Farmers was never appropriated by Congress.

Instead, the money was funneled though USDA's Commodity Credit Corporation, a Depression-era agency that can borrow from the U.S. Treasury to stabilize the farm economy.

I've noticed that leaving out key FACTS seems to happen when you are a Trump supporter.

They leave out key FACTS.

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. The guy who essentially announced dumping the Taylor Rule at the annual Jackson Hole Symposium in August of 2020 indicating that the FED was willing to allow unemployment to dip lower and that it wanted inflation to increase. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Biden reappointee . . . Jerome Powell. Biden runs the presidency like Knowlton runs the AD. You get an extension! You get an extension! You get an extension!

MinotStateBeav said:

---

---

Says he who has zero credibility or likability around here.

concordtom said:

---

MinotStateBeav said:

---

---

Says he who has zero credibility or likability around here.

---

oski003 said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. The guy who essentially announced dumping the Taylor Rule at the annual Jackson Hole Symposium in August of 2020 indicating that the FED was willing to allow unemployment to dip lower and that it wanted inflation to increase. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Biden reappointee . . . Jerome Powell. Biden runs the presidency like Knowlton runs the AD. You get an extension! You get an extension! You get an extension!

---

Just so you can't claim the higher ground, Powell was initially nominated by Trump before he was renominated by Biden. His renomination was approved in the Senate by an 80-19 vote, so he was approved by a majority of both parties. He may be an incompetent idiot but both parties see him as their incompetent idiot.

Eastern Oregon Bear said:

---

Just so you can't claim the higher ground, Powell was initially nominated by Trump before he was renominated by Biden. His renomination was approved in the Senate by an 80-19 vote, so he was approved by a majority of both parties. He may be an incompetent idiot but both parties see him as their incompetent idiot.

---

I'm fully aware that Trumper's remind me all the time that Biden renominated Powell.

My point is that the seeds of inflation born by his incompetence were already sprouting into high cotton when Biden re-appointed Powell on Nov. 22nd 2021 and confirmed by the Senate on May 12th, 2022.

November CPI was already at 6.8%
Roughly a 40 year high.

CPI November 2021: Inflation surged 6.8% in November, more than expected, to fastest since 1982 (cnbc.com)

DiabloWags said:

---

Eastern Oregon Bear said:

---

Just so you can't claim the higher ground, Powell was initially nominated by Trump before he was renominated by Biden. His renomination was approved in the Senate by an 80-19 vote, so he was approved by a majority of both parties. He may be an incompetent idiot but both parties see him as their incompetent idiot.

---

I'm fully aware that Trumper's remind me all the time that Biden renominated Powell.

My point is that the seeds of inflation born by his incompetence were already sprouting into high cotton when Biden re-appointed Powell on Nov. 22nd 2021.

November CPI was already at 6.8%
Roughly a 40 year high.

CPI November 2021: Inflation surged 6.8% in November, more than expected, to fastest since 1982 (cnbc.com)

---

And then Biden renominated Powell, and Powell watered those seeds, gave them sunlight and TLC, and, alas, we are where we are now. If Powell was doing so poorly, an incompetent administration would want to extend him, such and he'd continue to do poorly. Unfortunately, that is what happened. With that being said, inflation was inevitable, given the amount of welfare given out by both administrations (one during the height of the pandemic, the other during the reopening).

It's too bad the majority of American's dont understand this chart or where it comes from.
Even most college educated folks have no idea what it means.

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

False. We had minimal inflation under President Trump.

Look at the Green Inflation people are burying (restricting oil supplies), which also directly affects food and fertilizer, and an additional round of unneeded pork.

This is the Green New Deal / AOC / Build Ba ck Better / WEF plan. Man is bad. Cheap energy is bad. Steaks are bad. Scarcity and "transition" are good. All while Newsom and Breed dine at the French Laundry, and Nancy Pelosi's daughter films J6. It was all planned.

movielover said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

False. We had minimal inflation under President Trump.

Look at the Green Inflation people are burying (restricting oil supplies), which also directly affects food and fertilizer, and an additional round of unneeded pork.

This is the Green New Deal / AOC / Build Ba ck Better / WEF plan. Man is bad. Cheap energy is bad. Steaks are bad. Scarcity and "transition" are good. All while Newsom and Breed dine at the French Laundry, and Nancy Pelosi's daughter films J6. It was all planned.

---

People predicted inflation from the beginning of the pandemic. Massive central bank balance sheet increases, fiscal stimulus and production shortages were all known well before Trump left office. International economies don't turn on a dime - inflation can very much be a lagging indicator given all of the complex factors that combine to impact it. You seem to take a very surface-level and uncritical eye toward information which is not a great way to evaluate economic (or other complex) data.

Economist talked about this all the way back in April 2020, before most people had any idea that COVID would be this serious. Conservative posters at the time believed Trump when he said it would be gone by Easter lol. You don't just get to ignore the wreckage caused in the final year of Trump's presidency and lay everything at the feet of his successor.

Quote:

---

Worries about soaring prices start with the observation that virus-fighting measures choke off production. Crudely put, inflation is the result of too much money chasing too few goods. At present the amount of goods and services available for purchase is tumbling. Many service industries are shut down. The virus is playing havoc with the supply of some products. On April 12th Smithfield Foods, a meat-processing firm, said it would close a plant producing nearly 5% of American pork, after more than 200 workers fell ill; it has since shut down others. Workers involved in the logistics operations for e-commerce platforms, such as Amazon and Instacart, have gone on strike to demand higher pay and safer working conditions. If supply interruptions translate into shortages in shops, then higher prices could follow.

Massive stimulus programmes are another potential source of inflation. Governments around the world are borrowing heavily to finance schemes that support firms and workers. Central banks are flooding economies with newly created money. Over the past month the balance-sheet of the European Central Bank has grown by 550bn ($600bn), or nearly 12%, and that of the Federal Reserve by nearly $2trn, more than 40%. Printing money during the global financial crisis did not spark rapid inflation. Yet its coincidence with a collapse in supply might lead you to expect rocketing prices.

Hold on for dear life

Inflationary effects are most likely to appear once the virus is truly beaten. The crisis could weaken structural forces weighing on demand. Take inequality, for instance, which concentrates income in the hands of the thrifty rich. More generous post-pandemic safety-nets, or progressive taxes enacted to pay down large government debts, could redirect income towards freer spenders, creating inflationary pressure. So could a change in policymaking attitudes. The economic traumas of the early 21st century may push governments and central banks to prefer high economic growth and low unemployment to low and stable inflation, as happened after the second world war. Inflation is not certain to return after covid-19. But its re-emergence seems less fantastic a possibility.

---

Inflation Rate
🇪🇺: 10.9%
🇩🇪: 10.9%
🇬🇧: 10.1%
🇮🇹: 9.4%
🇪🇸: 9%
🇮🇪: 8.6%
🇺🇸: 8.2%

No. Inflation is not going up in the U.S. because the working class got a $1,400 check 19 months ago. Multinational corporations are jacking up prices worldwide.

— Bernie Sanders (@SenSanders) October 19, 2022

Let's not forget a few facts, the giveaways have been staggering.

1. President Trump proposed a smaller Covid stimulus ($1.6 Trillion), Democrat Nancy Pelosi countered with $2.2 Trillion.

2. Democrats lobbied for a full Lockdown of the economy: President Trump said you can't have an extended Lockdown, the economic and societal costs would be too great.

3. Joe Biden's America Rescue Plan in Q1, 2021, was $1.9 Trillion.

4. The recent Inflation Reduction Act - passed 100% by Democrats - added another $745 Billion.

5. The Teachers Unions (Democrats) and Democrats lobbied to keep schools closed, and to put whacky Covid policies in place.

By my count:

1. Incease in original Stimulus: $400 B
2. Biden Stimulus: $1.9 Trillion
3. Biden "Inflation" Stimulus: $745 B (100% Democrat)
TOTAL: Roughly $3.05 Trillion led by Democrats

movielover said:

---

Let's not forget a few facts, the giveaways have been staggering.

1. President Trump proposed a smaller Covid stimulus ($1.6 Trillion), Democrat Nancy Pelosi countered with $2.2 Trillion.

2. Democrats lobbied for a full Lockdown of the economy: President Trump said you can't have an extended Lockdown, the economic and societal costs would be too great.

3. Joe Biden's America Rescue Plan in Q1, 2021, was $1.9 Trillion.

4. The recent Inflation Reduction Act - passed 100% by Democrats - added another $745 Billion.

5. The Teachers Unions (Democrats) and Democrats lobbied to keep schools closed, and to put whacky Covid policies in place.

By my count:

1. Incease in original Stimulus: $400 B
2. Biden Stimulus: $1.9 Trillion
3. Biden "Inflation" Stimulus: $745 B (100% Democrat)
TOTAL: Roughly $3.05 Trillion led by Democrats

---

Did you count the student loan forgiveness in these figures or is that cost too small?

oski003 said:

---

movielover said:

---

Let's not forget a few facts, the giveaways have been staggering.

1. President Trump proposed a smaller Covid stimulus ($1.6 Trillion), Democrat Nancy Pelosi countered with $2.2 Trillion.

2. Democrats lobbied for a full Lockdown of the economy: President Trump said you can't have an extended Lockdown, the economic and societal costs would be too great.

3. Joe Biden's America Rescue Plan in Q1, 2021, was $1.9 Trillion.

4. The recent Inflation Reduction Act - passed 100% by Democrats - added another $745 Billion.

5. The Teachers Unions (Democrats) and Democrats lobbied to keep schools closed, and to put whacky Covid policies in place.

By my count:

1. Incease in original Stimulus: $400 B
2. Biden Stimulus: $1.9 Trillion
3. Biden "Inflation" Stimulus: $745 B (100% Democrat)
TOTAL: Roughly $3.05 Trillion led by Democrats

---

Did you count the student loan forgiveness in these figures or is that cost too small?

---

Gentlemen, let's not forget the Fed's Covid "money cannon," which included PPP loans that were supposed to pay employees during the shutdown -- but many businesses laid off employees & pocketed the money anyway.

Cry all you want about the $$ paid to individuals who couldn't work during the shutdown, but still needed to pay for rent, bills, & food. That $$ is long gone, and most of it is sitting on corporate balance sheets. The notion that the Covid relief money is still pushing up CPI is ludicrous.

Didn't count that!

How much money left the country, or went to criminal cartels?

Former journalist Adam Housely says California was hit hard, and lost over $100 BILLION to EDD fraud.

California is one of the states that will not cooperate willingly with Law Enforcement investigating the fraud. They are hiding the numbers expected to be more than 100 billion. California EDD was hit the hardest in the US by fraudsters. The numbers are 50% to 60% higher here

— Adam Housley (@adamhousley) October 18, 2022

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

Unit2Sucks said:

---

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

---

Unit, the labor participation rate is still lower than when Biden took office. His unemployment numbers are just getting people back to work that worked before the pandemic hit. 62.6M vs. 61.5M. Still not all the way back. But taking credit for something that would naturally occur is very politician like.

How about the $2.39 gas Jan 2021 and now $3.76 nationwide, and he has dropped it to where it was. C'mon man.

OdontoBear66 said:

---

Unit2Sucks said:

---

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

---

Unit, the labor participation rate is still lower than when Biden took office. His unemployment numbers are just getting people back to work that worked before the pandemic hit. 62.6M vs. 61.5M. Still not all the way back. But taking credit for something that would naturally occur is very politician like.

How about the $2.39 gas Jan 2021 and now $3.76 nationwide, and he has dropped it to where it was. C'mon man.

---

I thought the conservative position on recessions was clear - we aren't in one because we have positive GDP growth. Gas prices are a separate topic. Just like your hearty defense of Robert E Lee.

For some strange reason, Trumpers still havent figured out that the underlying commodity that goes into making gasoline, is a GLOBAL COMMODITY.

Unit2Sucks said:

---

OdontoBear66 said:

---

Unit2Sucks said:

---

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

---

Unit, the labor participation rate is still lower than when Biden took office. His unemployment numbers are just getting people back to work that worked before the pandemic hit. 62.6M vs. 61.5M. Still not all the way back. But taking credit for something that would naturally occur is very politician like.

How about the $2.39 gas Jan 2021 and now $3.76 nationwide, and he has dropped it to where it was. C'mon man.

---

I thought the conservative position on recessions was clear - we aren't in one because we have positive GDP growth. Gas prices are a separate topic. Just like your hearty defense of Robert E Lee.

---

You and Uncle Joe put up the Faux case for unemployment reduction---technically correct, but pull back the sheets shows a lie. Jan 2021 versus Oct 30, 2022 Unit????

OdontoBear66 said:

---

Unit2Sucks said:

---

OdontoBear66 said:

---

Unit2Sucks said:

---

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

---

Unit, the labor participation rate is still lower than when Biden took office. His unemployment numbers are just getting people back to work that worked before the pandemic hit. 62.6M vs. 61.5M. Still not all the way back. But taking credit for something that would naturally occur is very politician like.

How about the $2.39 gas Jan 2021 and now $3.76 nationwide, and he has dropped it to where it was. C'mon man.

---

I thought the conservative position on recessions was clear - we aren't in one because we have positive GDP growth. Gas prices are a separate topic. Just like your hearty defense of Robert E Lee.

---

You and Uncle Joe put up the Faux case for unemployment reduction---technically correct, but pull back the sheets shows a lie. Jan 2021 versus Oct 30, 2022 Unit????

---

If politicians can't take credit for things that would naturally occur they couldn't also then blame politicians for things that would naturally occur, like the rise in inflation coincident with worldwide inflation and following a massive increase in monetary supply during Trump's presidency.

I'll humor you though and allow your comparison of employment since January 2021. The unemployment rate was 6.4% back then (3.5% now) and the workforce participation rate was 61.4% then (62.3% now).

So what was your point again?

Unit2sucks said:

---

I'll humor you though and allow your comparison of employment since January 2021. The unemployment rate was 6.4% back then (3.5% now) and the workforce participation rate was 61.4% then (62.3% now).

So what was your point again?

---

Just the FACTS.
Well done Sir!

Unit2Sucks said:

---

OdontoBear66 said:

---

Unit2Sucks said:

---

OdontoBear66 said:

---

Unit2Sucks said:

---

DiabloWags said:

---

Unit2Sucks said:

---

DiabloWags said:

---

76BearsFly said:

---

No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

---

You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

---

76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

---

Yup.
The Trumpers must have all failed Econ. 1.

They have no clue that the FED increased M2 by $6.5 TRILLION.

And they conveniently ignore that Trump bailed-out the farmers (mostly corporate farms) with $28 Billion.

Lol.

---

At least they recognize that Biden boldly led us out of the recession without even a blip of unemployment, since they have a simplistic view of recessions they must acknowledge that the recession they believe occurred earlier this year is already in the rear view mirror.

With GDP growing at 2.6%, unemployment holding steady at 3.5%, and disposable personal income outgrowing recent inflation, things aren't nearly as dire as conservative agitprop would have you believe.

---

Unit, the labor participation rate is still lower than when Biden took office. His unemployment numbers are just getting people back to work that worked before the pandemic hit. 62.6M vs. 61.5M. Still not all the way back. But taking credit for something that would naturally occur is very politician like.

How about the $2.39 gas Jan 2021 and now $3.76 nationwide, and he has dropped it to where it was. C'mon man.

---

I thought the conservative position on recessions was clear - we aren't in one because we have positive GDP growth. Gas prices are a separate topic. Just like your hearty defense of Robert E Lee.

---

You and Uncle Joe put up the Faux case for unemployment reduction---technically correct, but pull back the sheets shows a lie. Jan 2021 versus Oct 30, 2022 Unit????

---

If politicians can't take credit for things that would naturally occur they couldn't also then blame politicians for things that would naturally occur, like the rise in inflation coincident with worldwide inflation and following a massive increase in monetary supply during Trump's presidency.

I'll humor you though and allow your comparison of employment since January 2021. The unemployment rate was 6.4% back then (3.5% now) and the workforce participation rate was 61.4% then (62.3% now).

So what was your point again?

---

"The greatest reduction" sez Uncle Joe. How about natural reduction after a societal lock up.

President Trump had us at 3.5% unemployment before the Plandemic, with I believe higher participation numbers, and without 9% inflation and massive inflation in energy and food.

If Powell is so bad, why didn't Biden/ Obama fire him?

movielover said:

---

President Trump had us at 3.5% unemployment before the Plandemic, with I believe higher participation numbers, and without 9% inflation and massive inflation in energy and food.

If Powell is so bad, why didn't Biden/ Obama fire him?

---

If Trump is so great, why did he allow the release of the plandemic on us? Or did Trump release it upon us with the biolabs he controlled? He was quite demonstrative in his praise of Xi early in the pandemic. He also claimed when we had 15 cases that we would soon be down to zero. He told conservatives he would keep them safe and then allowed a once in a century pandemic to run roughshod over the nation, destroying our economy and leading to the death of 1M+ unvaccinated people and counting. It's gotten so bad that Trump's pandemic is now killing white people at a higher rate than black people - not very Trump like. I'm not as well-versed in the BS conspiracy theories you fall for, but you might want to re-think that one.

“The virus also attacks unvaccinated adults — who polls show are more likely to be Republicans — with a ferocity that puts them at a much higher risk of infection and death.”#VaccinesWork https://t.co/RKWGiVFVmx

— Timothy Caulfield (@CaulfieldTim) October 23, 2022

But let's talk about unemployment. As I recall, your fellow traveler Odonto says that politicians shouldn't take credit for things that are naturally occurring. Can you point me to the place in this chart where Trump took over and what steps he took to make such a shift in the trend line that you will surely be able to identify?

movielover said:

---

President Trump had us at 3.5% unemployment before the Plandemic, with I believe higher participation numbers, and without 9% inflation and massive inflation in energy and food.

---

It's too bad that Trump was so weak that he allowed this Plandemic to be foisted upon his great economy, to the point where he lost re-election. I guess his enemies sensed weakness and pounced.

And yet HTP would tell you that it was the "best economy in 50 years" under Trump.

Of course, that was an Op-Ed penned by NEWSMAX.
HTP....bless his little heart.

sycasey said:

---

movielover said:

---

President Trump had us at 3.5% unemployment before the Plandemic, with I believe higher participation numbers, and without 9% inflation and massive inflation in energy and food.

---

It's too bad that Trump was so weak that he allowed this Plandemic to be foisted upon his great economy, to the point where he lost re-election. I guess his enemies sensed weakness and
pounced.

---

No President that we know of was so hounded by the Deep State, with illegal FISA warrants used to track him and his staff. The FIB (DOJ) are out of control. Peter Strzok, Lisa Page, 26 Federal DOJ attorneys illegally (and coordinated) erasing of their Federal smartphones. Igor Danchenko, Brookings Institute employee, paid for by HRC and the FIB. The list is long.

In Igor's case, we recently learned the gov't paid him hundreds of thousands of dollars for fabricated dirt, and then he was offered $1 Million if he could prove his claims. He couldn't. Then when everybody knew he was lying (he was the primary source for Christopher Steele and the pee tape dossier), the FIB turned him into a CHS (confidential human source), burying his lies for a few more years. All the fabricated lies were leaked to the legacy MSM, who then printed stories, spurring more investigations. All to take down a Populist President.

Fabricated FISA warrants
HRC gets a pass while DJT railroaded
Dossier hoax
Alpha Bank hoax
Russian Collusion hoax
His lawyers office raided (never happened before)
Mar-a-lago raided (ditto)

Despite these unprecedented attacks, we had:

- cheap and plentiful gas and energy
- record low unemployment
- no new wars
- hostages brought home
- NATO received record contributions thanks to PDT negotiations
- China confronted
- USMCA inked, and the China backdoor loophole closed
- Peace & Prosperity

movielover said:

---

sycasey said:

---

movielover said:

---

President Trump had us at 3.5% unemployment before the Plandemic, with I believe higher participation numbers, and without 9% inflation and massive inflation in energy and food.

---

It's too bad that Trump was so weak that he allowed this Plandemic to be foisted upon his great economy, to the point where he lost re-election. I guess his enemies sensed weakness and
pounced.

---

No President that we know of was so hounded by the Deep State, with illegal FISA warrants used to track him and his staff. The FIB (DOJ) are out of control. Peter Strzok, Lisa Page, 26 Federal DOJ attorneys illegally (and coordinated) erasing of their Federal smartphones. Igor Danchenko, Brookings Institute employee, paid for by HRC and the FIB. The list is long.

In Igor's case, we recently learned the gov't paid him hundreds of thousands of dollars for fabricated dirt, and then he was offered $1 Million if he could prove his claims. He couldn't. Then when everybody knew he was lying (he was the primary source for Christopher Steele and the pee tape dossier), the FIB turned him into a CHS (confidential human source), burying his lies for a few more years. All the fabricated lies were leaked to the legacy MSM, who then printed stories, spurring more investigations. All to take down a Populist President.

Fabricated FISA warrants
HRC gets a pass while DJT railroaded
Dossier hoax
Alpha Bank hoax
Russian Collusion hoax
His lawyers office raided (never happened before)
Mar-a-lago raided (ditto)

Despite these unprecedented attacks, we had:

- cheap and plentiful gas and energy
- record low unemployment
- no new wars
- hostages brought home
- NATO received record contributions thanks to PDT negotiations
- China confronted
- USMCA inked, and the China backdoor loophole closed
- Peace & Prosperity

---

It's too bad that when he was in control of the government, with all the awesome powers of the Presidency, that Trump couldn't clean any of this up, even within his own DOJ.

Clearly Trump's enemies smelled this weakness and took advantage.

Speculation is the CIA offed JFK. If President Trump fired Chris Wray, the MSM would explode, there would be another impeachment, and then only compromised people get confirmed. (President Trump is still fighting to release documents he declassified.) Some argue the Intelligence Community is now our fourth, superceding branch of government. Funded and influenced by the MIC. Between them and Wall Street, tens of Trillions at stake. Trade deals, outsourcing, wars, military expenditures.