Inflation LOWER than expected; Biden's stock market PUMPING

[SillieBazzillie]

Gotta love how the libs best brag is inflation rate going back down, when prices are still way up and only seem to keep going up. Like the amount of damage the out of control inflation under Biden has done to the economy is epic, people can barely afford their groceries anymore, and these clowns keep trying to tell them it's no big deal.

As I've shown you cultist before, inflation is a LAGGING indicator. It LAGS the inputs that caused the increase. The cause for the vast majority of inflation was Trump's reckless spending and the destruction of supply chains under his watch. You can gaslight all you want but those are facts.

Inflation doubled from Jan 21 to Feb 21 to Mar 21. Exactly how did Biden cause that lol?

And what do you think prices should do? Go down? With real wages being ALMOST neutral since 2021 you realize that people are making just about as much money as prices have gone up right?

And STFU about barely afford groceries, HFS you people are whiny little girls. Prices ain't that different from 4 years ago FFS...SMH

[nutsy54]

Inflation down to normal levels.

Keep moving the goalposts, it's the only way to pretend Biden is doing well

Since when is 3.4% annual inflation "normal"? We haven't seen that since a short period in 2011 and then 2008.
https://www.usinflationcalculator.co...flation-rates/

Real wages up since 2021.

Why does it take so many LIES to prop up Biden's failures? Real wages are DOWN.


https://fred.stlouisfed.org/series/LES1252881600Q

Unemployment near all time lows (record achieved by Biden not the orange turd).

Unemployment INCREASING for 16 months!

Housing prices exploded in 2020, yet another failing of the orange moron.

Once again... why so many lies?. Housing prices didn't "explode" in 2020


https://www.redfin.com/us-housing-market

Biden fixed the steaming pile of chit Trump left of a country, economy in the toilet, ravaged by covid, 2020 completely bungled by Trump. There are tons of reasons why Trump was the unanimous choice as worst POTUS of all time. And it's only going to get worse for you cultist.

Lies, lies, and more lies. The economy was doing great when Biden took office, no matter how many ties you (or he) lie about it.

[SillieBazzillie]

Keep moving the goalposts, it's the only way to pretend Biden is doing well

Since when is 3.4% annual inflation "normal"? We haven't seen that since a short period in 2011 and then 2008.
https://www.usinflationcalculator.co...flation-rates/


Why does it take so many LIES to prop up Biden's failures? Real wages are DOWN.


https://fred.stlouisfed.org/series/LES1252881600Q


Unemployment INCREASING for 16 months!




Once again... why so many lies?. Housing prices didn't "explode" in 2020


https://www.redfin.com/us-housing-market



Lies, lies, and more lies. The economy was doing great when Biden took office, no matter how many ties you (or he) lie about it.

The economy was doing great? Empty store shelves, shuttered businesses, negative GDP, 6% unemployment, you have got to be phuking kidding me...

Oh yea, the economy was doing great, that's why Trump got booted like a bish in November...SMH

[nutsy54]

The economy was doing great? Empty store shelves, shuttered businesses, negative GDP, 6% unemployment, you have got to be phuking kidding me...

Endless lying bull****, already disproven in the post you quoted, and in countless prior posts when your lies are regularly called out and disproven.

Where were store shelves empty in January 2021?
Businesses and employment were roaring back after state Governors conducted their shutdowns.

Negative GDP? That was one year before Biden took office. Why does it take so many lies to prop up Biden? GDP growth 4th quarter 2020 was 3.9%, 1st quarter 2021 (when Biden took office) was 6.3%.
https://www.statista.com/statistics/...gdp-in-the-us/

[SillieBazzillie]

Endless lying bull****, already disproven in the post you quoted, and in countless prior posts when your lies are regularly called out and disproven.

Where were store shelves empty in January 2021?
Businesses and employment were roaring back after state Governors conducted their shutdowns.

Negative GDP? That was one year before Biden took office. Why does it take so many lies to prop up Biden? GDP growth 4th quarter 2020 was 3.9%, 1st quarter 2021 (when Biden took office) was 6.3%.
https://www.statista.com/statistics/...gdp-in-the-us/

It's easy to show positive GDP when the prior quarters have sucked so bigly.

And yes, lol store shelves were empty in Jan 21. Supply chains were destroyed thanks to Trump's bungling.

I think you have early onset boyo. Should get that checked out.

I supposed unemployment wasn't 6.3%?

Yikes

[fitnessislife]

The economy was doing great? Empty store shelves, shuttered businesses, negative GDP, 6% unemployment, you have got to be phuking kidding me...

Oh yea, the economy was doing great, that's why Trump got booted like a bish in November...SMH

As per usual, you've brutally lost, and are still trying to swing long after the bell rang and everyone left the arena.

Seriously, take whatever dignity you think you have left, admit defeat, and just give up already. Facts and reality aren't on your side.

[SillieBazzillie]

As per usual, you've brutally lost, and are still trying to swing long after the bell rang and everyone left the arena.

Seriously, take whatever dignity you think you have left, admit defeat, and just give up already. Facts and reality aren't on your side.

Dispute whatever you want with FACTS not your culitist feelz boyo.

The economy was trashed when Biden took over, stores were shuttered, shelves were empty, and inflation began to roar thanks to Trump.

Facts not feelz.

[Phil9]

Keep moving the goalposts,

Hilarious coming from the guy whose argument is that we have to ignore 25% of Trump's presidency to make the numbers look good. lol

[6gorillion]

Can you guys imagine Sillie's meltdown if Trump wins LMAO.

Hey Sillie, If Biden is soooooo good why is CNN and all the libtard outlets panicking hes going to lose to "the worst president ever"?

[frankdtank20]

Very slow growth for a recovery period the last 3 years. Dow hasn't kept pace with inflation. S&P is slightly above it.

Inflation is not lower than expected. No rate cuts this year.
OP grasping at straws. It's what illiterates do.

[fitnessislife]

Dispute whatever you want with FACTS not your culitist feelz boyo.

Lol. You were already shown the facts. Perhaps your eyesight is failing in your advancing age - here, let me help:

Keep moving the goalposts, it's the only way to pretend Biden is doing well

Since when is 3.4% annual inflation "normal"? We haven't seen that since a short period in 2011 and then 2008.
https://www.usinflationcalculator.co...flation-rates/


Why does it take so many LIES to prop up Biden's failures? Real wages are DOWN.


https://fred.stlouisfed.org/series/LES1252881600Q


Unemployment INCREASING for 16 months!




Once again... why so many lies?. Housing prices didn't "explode" in 2020


https://www.redfin.com/us-housing-market



Lies, lies, and more lies. The economy was doing great when Biden took office, no matter how many ties you (or he) lie about it.

The economy was trashed when Biden took over, stores were shuttered, shelves were empty

Um, the economy was trashed thanks to a pandemic and exacerbated by Democrat-induced lockdowns that they fought tooth and nail to keep going well into 2021, right around the time they started to try and claim that people returning to their original jobs somehow equaled jobs created.

inflation began to roar thanks to Trump.

Um, inflation began skyrocketing under Biden, not Trump.

Facts not feelz.

Fact - the debate is over. You lost.

And STFU about barely afford groceries, HFS you people are whiny little girls. Prices ain't that different from 4 years ago FFS...SMH

And this is why Biden is going to lose. You see, prices have skyrocketed under his reign of error, and yes, it's 100% his fault.

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

Goodness, you sound like one of Biden's PR outlets like the Washington ComPost or MSDNC who actually tried to say why skyrocketing prices of everything under Biden was a good thing.

[nutsy54]

It's easy to show positive GDP when the prior quarters have sucked so bigly.

Now you ADMIT to lying about negative GDP growth when Biden took office, then double-down by LYING again. Only one GDP quarter sucked, and that occurred a full year before Biden took office (2020Q2).
Biden took office 2021Q1: GDP +6.3%
Prior 2020Q4: GDP +3.9%
Prior 2020Q3: GDP +35.3%
https://www.statista.com/statistics/...gdp-in-the-us/

And yes, lol store shelves were empty in Jan 21. Supply chains were destroyed thanks to Trump's bungling.

We've covered this. Repeating the same lie over and over... doesn't make it true
If you have some proof (such as dated news/media pictures around the country), then post it.

All I could find was empty shelves... In Jan 2022, firmly on Biden's watch.
https://www.cnn.com/2022/01/11/busin...pty/index.html

I supposed unemployment wasn't 6.3%?

Sure, unemployment was 6.3%... and plummeting for 10 months before Biden took office. Once again, you ignore the effects of State Governors shutting down business and commerce. Meanwhile under Biden, unemployment has been INCREASING for the past year... and all you can do is cry about the guy who left office over three years ago?
https://data.bls.gov/timeseries/LNS14000000


PS: It's really hard to try to rewrite history when everyone you're talking to actually lived that history, and has mounds of statistical and factual evidence that constantly proves you wrong.

[Austanian]

Lol. You were already shown the facts. Perhaps your eyesight is failing in your advancing age - here, let me help:





Um, the economy was trashed thanks to a pandemic and exacerbated by Democrat-induced lockdowns that they fought tooth and nail to keep going well into 2021, right around the time they started to try and claim that people returning to their original jobs somehow equaled jobs created.



Um, inflation began skyrocketing under Biden, not Trump.



Fact - the debate is over. You lost.

And this is why Biden is going to lose. You see, prices have skyrocketed under his reign of error, and yes, it's 100% his fault.

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

Goodness, you sound like one of Biden's PR outlets like the Washington ComPost or MSDNC who actually tried to say why skyrocketing prices of everything under Biden was a good thing.

I realize sillie is a brain dead tard, but that doesn't mean you have to post this BS either...

[JayJ350]

I realize sillie is a brain dead tard, but that doesn't mean you have to post this BS either...

Bruh, those are real facts. The inflation is real and everyone is feeling it. Can't tell people what they spend isn't what they spend.

[Austanian]

Inflation is real. I am a conservative/libertarian Finance grad I can break down these charts and stats in heavy detail. The "economy" is not in a great place right now and the stock market is propped up by tech and AI which is the only relatively strong part.

However, fitnessislife's breakdown and conclusions are not based in reality.

To do an accurate number you have to adjust for Real dollars because incomes are up too.

You can attribute roughly half of the inflation spike on Biden, but the 2.2 trillion Trump approved was always going to spike inflation. There is just a delay.

You can also attribute a good chunk of the Energy increases on Biden, but you have to be careful because Trumps numbers were artificially suppressed due to COVID so you are better off using 2019 numbers.


Currently a large chunk of people are upside down or housing immobile. IF an economic contraction occurs and people are forced to sell there houses things are going go chit fast.

[ltsOgre]

Stock market at record highs, unemployment near record lows. That's all I have to say.

[freeheeler]

Dispute whatever you want with FACTS not your culitist feelz boyo.

The economy was trashed when Biden took over, stores were shuttered, shelves were empty, and inflation began to roar thanks to Trump.

Facts not feelz.

Who shuttered the stores?

Why are storefronts still empty in California 4 years later

[6gorillion]

Bruh, those are real facts. The inflation is real and everyone is feeling it. Can't tell people what they spend isn't what they spend.

Of course they are real numbers, but as big of a POS and inept as Biden is, he's not the cause of all that inflation. A good amount, yes, but even if Trump was President we would have most of it.

It's no coincidence prices started skyrocketing towards the tail end of 2020. The insane, unfathomable amounts of money that were printed for "covid stimulus", PPP loans, and shutting down vast swaths of the economy are the main cause.

Remember all of us that were against it and spoke out against lockdowns and all the stimulus bullchit were branded as "grandma killers". You don't need an Econ degree to know that would happen.

[JayJ350]

Stock market at record highs, unemployment near record lows. That's all I have to say.

You know what's also at a record high? Homelessness and debt.

[nutsy54]

Stock market at record highs, unemployment near record lows. That's all I have to say.

And all that has been refuted. Stock market is absolutely anemic when inflation-adjusted. Stock market always hits a "record high" under every president. That's not an accomplishment.

Unemployment INCREASING for the past 16 months is not something to cite in Biden's favor

[SillieBazzillie]

And all that has been refuted. Stock market is absolutely anemic when inflation-adjusted. Stock market always hits a "record high" under every president. That's not an accomplishment.

Unemployment INCREASINGfor the past 16 months is not something to cite in Biden's favor

You think a .5% increase from the ALL TIME LOW is a negative you goof? Let me aware you boyo, unemployment <4% is not the norm in this country when you expand the view to 30 years. Just like inflation at 2% is not the norm.

Unemployment at 3.9% is fantastic. Inflation at 3.4% is just fine.

Stop being such a whiny chick FFS.

[fitnessislife]

Lmao, Sillie is still trying to win long after the bell rang and everyone left the venue.

Psst - it's over. You lost. Man up, take your L and move on.

[ltsOgre]

You know what's also at a record high? Homelessness and debt.

And? There's plenty of jobs available for people in need. High paying jobs.

And all that has been refuted. Stock market is absolutely anemic when inflation-adjusted. Stock market always hits a "record high" under every president. That's not an accomplishment.

Unemployment INCREASING for the past 16 months is not something to cite in Biden's favor

Unemployment is not necessarily bad for the economy.

[nutsy54]

Unemployment is not necessarily bad for the economy.

Flip-flop-flip-flop

First you praised that Unemployment was (supposedly) "near record lows", but when faced with Facts you flip-flop to "Unemployment is not necessarily bad for the economy.. Which is it?

[JayJ350]

And? There's plenty of jobs available for people in need. High paying jobs.


Unemployment is not necessarily bad for the economy.

Just LMAO @ this level of cope and being out of touch.

Democrats.

You know if Trump was president they wouldn't hesitate to lay into how awful the present situation is for most Americans.

[fitnessislife]

AAnd STFU about barely afford groceries, HFS you people are whiny little girls. Prices ain't that different from 4 years ago FFS...SMH

This is the collective mindset of the mindless drones who actually still support the unmitigated failure that is the Biden "presidency".

Their response to families struggling to afford basics like gas and groceries is "lol stop complaining, just stop being poor you whiny little girls!"

[JayJ350]

This is the collective mindset of the mindless drones who actually still support the unmitigated failure that is the Biden "presidency".

Their response to families struggling to afford basics like gas and groceries is "lol stop complaining, just stop being poor you whiny little girls!"

Surely that will win over voters during the election.

It's become impossible to deny how the democrats have become the party for the elite and destitute. Everyone else is told to STFU and stop complaining.

[6gorillion]

This is the collective mindset of the mindless drones who actually still support the unmitigated failure that is the Biden "presidency".

Their response to families struggling to afford basics like gas and groceries is "lol stop complaining, just stop being poor you whiny little girls!"

dude really saying prices aren't that different than 4 years ago.

I am 10000% convinced he's a troll that's taking us all for a ride lmao.

[fitnessislife]

Surely that will win over voters during the election.

It's become impossible to deny how the democrats have become the party for the elite and destitute. Everyone else is told to STFU and stop complaining.

They've gone from "question the establishment, dissent is patriotism, down with major corporations" to "Don't you DARE question the establishment, you're a racist if you dissent, and support major corporations" in such a short time.

[Irezumi]

Sorry Sillie...I have no issues with you but in my opinion...you sound like a typical pompous liberal Hollywood elite when you make asinine comments about how us little people care about our petty problems like not being able to afford groceries. And to claim that the prices haven't changed from 4 years ago is simply dishonest. I'm lucky enough to be financially secure but you should try stepping down from that ivory tower.