June 21, 20224 yr 48 minutes ago, MidMoFo said: First off, the market is not collapsing, that’s just straight up fear mongering. The rest of the tweet has a little bit of truth to it. Interest rates have been held to low for too long. The money pumped into the economy has been by both parties, so the "they” the tweeter is blaming should be all encompassing and we’ve all benefited from it up to this point… at least if you’ve been smart enough to take advantage of it. The popping I assume he is talking about is inflation, which brings me to the next post… Right at the moment it's off just under 20% (<450). I haven't seen anything that says 30% or more is off of the table at this point. You? Secondly where exactly do you see any reference or inference to one "party" or another in that tweet? That said another dumping another borrowed $2T into this economy is a horribly bad idea. 48 minutes ago, MidMoFo said: You vote for the party that champions a free market, capitalist economy. It’s what has made America rich. The free market sets prices… gas too high for you? Buy less. Loaf of bread too high? Find an alternative. Lumber prices too much? Don’t build anything until they come down. Thats how the free market you vote for works. Businesses are going to charge you the highest price you’re willing to pay for a product. If you don’t like it or understand it, then STFU. That’s our way of life. We (people I associate with) work within those parameters everyday (other than the dead dinosaur guzzling behemoth I've built). There is no one in person that has ever gotten me to stfu. Good luck attempting that from a keyboard. 😉
June 21, 20224 yr 7 minutes ago, lynched1 said: Right at the moment it's off just under 20% (<450). I haven't seen anything that says 30% or more is off of the table at this point. You? Nope. The job market is arguably the best it’s ever been and the demand for goods and services is… inflated. The world is not coming to an end. Secondly where exactly do you see any reference or inference to one "party" or another in that tweet? That said another dumping another borrowed $2T into this economy is a horribly bad idea. Agreed. Horrible idea. I made the assumption based on your partisan hackery. We (people I associate with) work within those parameters everyday (other than the dead dinosaur guzzling behemoth I've built). If so, you would understand inflation. There is no one in person that has ever gotten me to stfu. Good luck attempting that from a keyboard. 😉 🍻
June 22, 20224 yr 2 minutes ago, JohnSnowsHair said: Biden to call for 3-month suspension of gas and diesel taxes Barack Obama, during the 2008 presidential campaign, called the idea a "gimmick” that allowed politicians to "say that they did something.” He also warned that oil companies could offset the tax relief by increasing their prices.
June 22, 20224 yr 11 minutes ago, DaEagles4Life said: Barack Obama, during the 2008 presidential campaign, called the idea a "gimmick” that allowed politicians to "say that they did something.” He also warned that oil companies could offset the tax relief by increasing their prices. both are probably true. this is a move for optics more than anything else. the likely outcome is that prices at the pump will come down slightly, but that the gas station will also pocket some of this.
June 22, 20224 yr 19 minutes ago, hukdonfoniks said: So has Biden figured out if high gas prices are a good thing or a bad thing? Schrodinger's Biden’s cat high gas prices: They are simultaneously both good and bad until only one is needed for political propaganda.
June 22, 20224 yr Just now, Kz! said: Love this messaging for dems. Keep it up guys, it's perfect. LMFAO! You’re only going to lose 1 out of your 3 meals per day, BACK OFF!
June 22, 20224 yr 22 minutes ago, hukdonfoniks said: So has Biden figured out if high gas prices are a good thing or a bad thing? He seems to have pivoted back to bad, but don't worry, he's got a plan to fix it.
June 22, 20224 yr 7 hours ago, Bacarty2 said: I agree with everything you said but the first part. This crap is collapsing. It's gonna get REEEEEAAAAL bad come fall. Like, nasty, never seen before, crash Why? Honestly asking what makes you think we’re going to have a never seen before crash? High fuel prices?
June 23, 20224 yr 34 minutes ago, MidMoFo said: Why? Honestly asking what makes you think we’re going to have a never seen before crash? High fuel prices? How many people do you think are undisciplined enough to wait until fall to fill up that heating oil tank? That's just under $1400 at current prices and considerably more than last year.
June 23, 20224 yr 42 minutes ago, lynched1 said: How many people do you think are undisciplined enough to wait until fall to fill up that heating oil tank? That's just under $1400 at current prices and considerably more than last year. Considerably higher heating fuel costs are not going to cause economic collapse at Great Depression levels as insinuated: "Like, nasty, never seen before, crash” I also think fuel prices will be lower by the end of summer, they’ll still be high, but lower than right now.
June 23, 20224 yr 1 hour ago, MidMoFo said: Why? Honestly asking what makes you think we’re going to have a never seen before crash? High fuel prices? If you’re looking for a catalyst, keep an eye on Japan and the housing market
June 23, 20224 yr On 6/20/2022 at 3:40 PM, mr_hunt said: the return of prohibition? Does that mean weed isn't legal in Jersey anymore?
June 23, 20224 yr 1 hour ago, TEW said: If you’re looking for a catalyst, keep an eye on Japan and the housing market Definitely agree the housing market will take a hit. Material costs are way over inflated, but starting to come down. Interest rates are climbing, and probably should have 8 years ago which would have held material prices lower than what we’ve been having. Interest rates probably should have went up under Obama’s 2nd term, but we were still recovering from the previous housing collapse. Trump wasn’t going allow rates to go up while seeking a 2nd term. It had to happen. Lumber prices:
June 23, 20224 yr 1 hour ago, MidMoFo said: Considerably higher heating fuel costs are not going to cause economic collapse at Great Depression levels as insinuated: "Like, nasty, never seen before, crash” I also think fuel prices will be lower by the end of summer, they’ll still be high, but lower than right now. I think it will contribute to worse. Not sure we're looking at people diving out of office windows just yet.
June 23, 20224 yr 2 minutes ago, lynched1 said: I think it will contribute to worse. Not sure we're looking at people diving out of office windows just yet. No, the sky isn’t falling… Something I’ve noticed that I think is interesting is grocery prices. Where I’m from we have several local products available from potato chips to dairy products. The locally made products haven’t had the same price increases as the name brand national products. Doritos and Tostinos chips for example have gone up in price almost double while a local tortilla chip maker has stayed the same as 2-3 years ago… The local companies don’t have ginormous marketing departments and pricing strategists jacking up prices. I buy local as much as I can anyway…
June 23, 20224 yr If somebody put Blame Joe Biden stickers on gas pumps, people would pick up on that very quickly. https://www.foxnews.com/media/kellyanne-conway-americans-will-think-joe-biden?intcmp=tw_fnc Kellyanne Conway says Americans will be thinking of Biden every time they pay for gas Consumer prices are up everywhere from rental car prices, hotels, and gas
June 23, 20224 yr 1 hour ago, MidMoFo said: No, the sky isn’t falling… Something I’ve noticed that I think is interesting is grocery prices. Where I’m from we have several local products available from potato chips to dairy products. The locally made products haven’t had the same price increases as the name brand national products. Doritos and Tostinos chips for example have gone up in price almost double while a local tortilla chip maker has stayed the same as 2-3 years ago… The local companies don’t have ginormous marketing departments and pricing strategists jacking up prices. I buy local as much as I can anyway… Yeah, a normal bag of Tostitos is over $5 now. Highway robbery
June 23, 20224 yr 7 hours ago, Procus said: If somebody put Blame Joe Biden stickers on gas pumps, people would pick up on that very quickly. https://www.foxnews.com/media/kellyanne-conway-americans-will-think-joe-biden?intcmp=tw_fnc Kellyanne Conway says Americans will be thinking of Biden every time they pay for gas Consumer prices are up everywhere from rental car prices, hotels, and gas Go for it. Sure, it is private property, but that doesn't stop idiot Trump supporters, now does it?
June 23, 20224 yr https://www.latimes.com/politics/story/2022-06-22/recession-looks-unavoidable-but-will-it-be-that-bad POLITICS Quote Yes, a recession looks inevitable. But it may not be that bad. Here’s why
June 23, 20224 yr 11 hours ago, Dave Moss said: Yeah, a normal bag of Tostitos is over $5 now. Highway robbery And 60% of it is air!
June 23, 20224 yr 12 hours ago, Procus said: If somebody put Blame Joe Biden stickers on gas pumps, people would pick up on that very quickly. https://www.foxnews.com/media/kellyanne-conway-americans-will-think-joe-biden?intcmp=tw_fnc Kellyanne Conway says Americans will be thinking of Biden every time they pay for gas Consumer prices are up everywhere from rental car prices, hotels, and gas And then I remember the previous guy tried to overthrow the government when he lost an election.
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