Weekly Reminder: The economy is great, inflation is fake and gas is cheap.

[UnionStrong]

Not do stuff like this during periods of high inflation. Corporations can see it too.


Biden-Harris Administration Announces Additional $4.9 Billion in Approved Student Debt Relief | U.S. Department of Education

"Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $136.6 billion for more than 3.7 million Americans."


Student Debt Cancellation and its Inflation Impact | Richmond Fed

"A key concern about the debt forgiveness program is its inflationary impact in an environment where inflation has been persistently elevated for over a year. In this post, we provide a back-of-the-envelope calculation of the program's inflationary impact. It is based on a specific view (known as the fiscal theory of the price level) of the federal budget and how it interacts with monetary and fiscal policies."

Must maintain power at all costs, if it means economic destruction, so be it. That’s the democrat way.

 

[UnionStrong]

@Sportello!!!

 

[vantexan]

This was $1 in 2018. Why isn't Joe Biden doing anything about it?

Right up until 2021 you could get a large drink at McDonald's for a dollar plus tax. Local McDonald's is now at $2.99 and other McDonald's in the area aren't far behind.

 

[Brown Down]

I'll ask again in the simplest terms possible since I didn't get an answer. @newolddude since you've stated no one can fix greedflation why even bring it up?

 

[newolddude]

I'll ask again in the simplest terms possible since I didn't get an answer. @newolddude since you've stated no one can fix greedflation why even bring it up?

Because Biden is blamed for it.

 

[Sportello]

Not do stuff like this during periods of high inflation. Corporations can see it too.


Biden-Harris Administration Announces Additional $4.9 Billion in Approved Student Debt Relief | U.S. Department of Education

January 19, 2024

"Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $136.6 billion for more than 3.7 million Americans."


Student Debt Cancellation and its Inflation Impact | Richmond Fed

October 11, 2022

"A key concern about the debt forgiveness program is its inflationary impact in an environment where inflation has been persistently elevated for over a year. In this post, we provide a back-of-the-envelope calculation of the program's inflationary impact. It is based on a specific view (known as the fiscal theory of the price level) of the federal budget and how it interacts with monetary and fiscal policies."

How much have corporate profits increased over the last five years?

 

[Brown Down]

Because Biden is blamed for it.

And I've seen a whole bunch of people/organizationsblamed for it not just biden. It all depends on who you talk to.
But thanks for answering straight up and hopefully honestly.

 

[Sportello]

Right up until 2021 you could get a large drink at McDonald's for a dollar plus tax. Local McDonald's is now at $2.99 and other McDonald's in the area aren't far behind.

McDonald’s profits are up astronomically

 

[UnionStrong]

I'll ask again in the simplest terms possible since I didn't get an answer. @newolddude since you've stated no one can fix greedflation why even bring it up?

Because it’s a red herring

 

[vantexan]

Right up until 2021 you could get a large drink at McDonald's for a dollar plus tax. Local McDonald's is now at $2.99 and other McDonald's in the area aren't far behind.

@Sportello You have some info countering what I stated?

 

[Brown Down]

@Sportello You have some info countering what I stated?

He won't all we can do is download everything he doesn't agree with no matter proof,facts, etc

 

[newolddude]

And I've seen a whole bunch of people/organizationsblamed for it not just biden. It all depends on who you talk to.
But thanks for answering straight up and hopefully honestly.

The problem is we might not have a path out of this. Do we really want the government setting the prices of soda pop, chicken sandwiches, diapers etc?

 

[Sportello]

@Sportello You have some info countering what I stated?

Please look at McDonald’s profits over the past five years

 

[Brown Down]

The problem is we might not have a path out of this. Do we really want the government setting the prices of soda pop, chicken sandwiches, diapers etc?

I agree it is a slippery slope. On one hand if you regulate too much businesses go to other countries if you don't regulate enough you get them setting prices of necessities to ungodly heights.

 

[Brown Down]

Way to prove me right @Sportello. So predictable

 

[UnionStrong]

@Sportello!!!

 

[DELACROIX]

So a Trump second term will expedite the return of Christ?

Pretty sure God has his own timetable.

 

[UnionStrong]

Way to prove me right @Sportello. So predictable

In between wailing and gnashing his teeth, he finds time to give his tiny little thumbs down.

 

[UnionStrong]

@Sportello. Seethe

 

[Box Ox]