Posted on 01/21/2024 10:44:48 PM PST by where's_the_Outrage?
With Biden’s inflation, we’ve been slapped with a PERMANENT, 20% NATIONAL SALES TAX!
Gov spending was 20% of GDP pre covid now 25
That leaves a lot less for the rest of us. Plus gov spending this high with crazy regulations makes growth impossible. I don’t care what the gov numbers show
Huh? The mockingbirds have been gaslighting about how great pedojoe's economy is.
American Man: "Arg! An illegal alien just stabbed me and I can no longer afford insurance and I'm bleeding out."
Mockingbirds: "Look at all the weight you're losing, you should be happy!"
It is not a “thriving economy”, it is a very spotty and uncertain economy, with all the earmarks of studious application of “crony capitalism”, winners and losers chosen for the furtherance and benefit of the power structure at the expense of the wider range of wage earners subject to its reach. Price inflation is accelerating more rapidly than wage increases, and the squeeze shows no signs of abating.
It all boils down to creation of artificial scarcity and resulting higher prices, particularly in the field of energy extraction and generation. Stopping the exploration for new hydrocarbon fuels, and taxing its use heavily, by actual tax burden and by irrelevant regulation, lead only to escalating prices, which cascade through all the products and services so necessary to a prosperous economy.
Drill, baby, drill. And shut down nearly every regulation adopted since January 20, 2021.
The money presses have slowed way down. While that will keep inflation down it will guarantee a recession. When Reagan did the same thing the hurt was minimized by cutting regulations and taxes. Obviously not going to happen like that this time around.
I had two keys made for the pickup bed toolbox I have. The keys were $8 each. Never in my life have a seen a simple key like that cost so much. And, the shrinkflation from smaller package/portion sizes as mentioned above is VERY noticeable now. The government is responsible for loss of control of the currency. They’re robbing us before our very eyes and there is not one thing we can do about it, except...repent and turn back to God. Many, many folks are not going to do that. So, all that is left is to suffer.
It was certainly better to drill under Trump. Who would want to, with what this stolen administration is promising.
Ayn Rand was right. At some point, you’re just helping them to slit your own throat.
The fact that we (Spouse and me) are financially stable has nothing to do with government policy. I would say that we are slightly less stable now than we were in 2018 but stable all the same. Reason: we live below our means and save some for a rainy day.
indeed
laundry detergent has gone through the roof
I have greatly reduced the amount I use
Right there with you. Not too long ago, I was ‘ahead’ every month. I could buy a friend lunch, gas up my truck, and do my grocery shopping without that sinking feeling that I’ve fallen significantly behind, financially, over a very, very short period of time. And the future looks like more of the same.
Socialism always announces its adoption with starvation.
Turn back to GOD to repair our broken psyches but turn back to GOLD to repair our broken purses.
Well Slick, your economy is “THRIVING” with my tax money. The Federal debt is “thriving” at $33.1 trillion. According to the mainstream “media”, everyone has their credit cards maxed out because they can’t afford to pay cash. Yup! “Thriving.”
The inflation is being generated by the US government and they are stealing the wealth of the people through biden’s policies of big spending and printing money. It’s not an accident that a dollar in 2021 is now worth 91 cents. Think about that...
I love how they try to gaslight us on inflation by saying things like “inflation is just a fraction of what it was six months or a year ago,” as though the only relevant comparison is this month to last month. The effect is cumulative, retards, and we’re still getting killed relative to where things were 2 or 3 years ago.
Positive for whom, exactly? Oh, wait, I see. It’s great for the oligarch/collectivist crowd.
Adolescent:
Employment No./ C.O.L. = ∆ -
Eg. Work Value
4/4 = 1
4/8 = .50
∆ = - 1/2 = real employment = ∆ work
∆ work value = -
Disaster
Incomes are down during the bidet administration, on an inflation adjusted basis. Everyone knows they are poorer.
The media hypes up bad news:“
Let’s fix that. The media buries bad news.
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