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Inflation and Shortage Observations

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1 hour ago, we_gotta_believe said:

Getting up at 6 feels old. I remember the high school summer days of sleeping in til noon.

It is. I woke up at 9am and felt great. 

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2 hours ago, we_gotta_believe said:

Getting up at 6 feels old. I remember the high school summer days of sleeping in til noon.

 

1 hour ago, DaEagles4Life said:

It is. I woke up at 9am and felt great. 

I have trouble sleeping past 6-7. Doesn't help that the bed at this Airbnb sucks. 

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3 hours ago, lynched1 said:

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Does this mean the Dems are at war?

On 7/13/2022 at 9:47 AM, JohnSnowsHair said:

with gas prices peaking in June, I guess it's not shocking. next month should be better, but yeah was hoping some of that drop - there was certainly some gas price drop from June 16-June 30 - would make the monthly number look better. 

Prices plummeting by me. I paid $3.90 today in Florida. I knew Biden had this. At this rate it should be down to around a dollar a gallon soon like back when I was a teen. 

4 hours ago, lynched1 said:

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Admittedly it's been nearly 20 years since I've read "The Art of War", but I'm curious what fuel lines Sun Tzu was referring to "hitting" in the 3rd century BC.

Can anyone out there clear this one up for me?

1 hour ago, NothingClever said:

Admittedly it's been nearly 20 years since I've read "The Art of War", but I'm curious what fuel lines Sun Tzu was referring to "hitting" in the 3rd century BC.

Can anyone out there clear this one up for me?

Sun Tzu knew air to ground attacks would cripple his forces. 

Saudis agreed to increase oil production.

Saudis could have increased their production months ago if they were pressed. That's what kills me. 

Not that I'm a fan of Trump, but he found the correct way to play the Saudis: threaten to pull the US military out of Saudi Arabia. 

7 hours ago, Bill said:

Saudis could have increased their production months ago if they were pressed. That's what kills me. 

Not that I'm a fan of Trump, but he found the correct way to play the Saudis: threaten to pull the US military out of Saudi Arabia. 

 

Maybe, but that has to seem like an empty threat.

 

20 hours ago, lynched1 said:

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Like almost none of that is in the Art of War.

Abraham lincoln internet Memes

3 hours ago, EaglesRocker97 said:

 

Maybe, but that has to seem like an empty threat.

Well it actually worked before. Back when COVID started and oil demand plummeted the Saudis started pumping oil like crazy to F over Russia. They knew the end users would get backed up. The Saudis could just keep parking tanker ships off shore, but the Russians use pipelines, and once a pipeline is at capacity you can't move anything else through it, so they couldn't sell their oil. So with the Saudis pumping so much out, the price dropped well below the level that was needed for American oil recovery to be profitable (oil sands are more expensive to extract oil from). So Trump called them and asked them to stop, and when they said no, he said well then kiss the US goodbye and you can fend off Iran yourself.  The Saudis then cut back on production. For as much as Trump was a buffoon and didn't get international politics, he got that one right. 

I think the issue with Biden and others on the left is that they treat every other country like a European one and try and soften things over, when in reality every now and again you're gonna have to be an a-hole. It's just that Trump was an a-hole all the the Fn time. 

2 hours ago, Bill said:

in reality every now and again you're gonna have to be an a-hole

Yep, that's true of many situation in life

On 7/16/2022 at 6:42 AM, JohnSnowsHair said:

Man, you guys are old.

Had six beers (over 5-6 hours) yesterday to kick off the weekend down the shore. Up and completed wordle, no hangover or nuttin'.

Lest you think I'm bragging, I didn't drive to work or anything.

Fing amateur. 🤣

On 7/16/2022 at 2:29 PM, lynched1 said:

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If you could read, this would be even funnier!

:roll:

Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"

 
Sun, July 17, 2022 at 11:38 AM
 
 

Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."

On 7/16/2022 at 6:42 AM, JohnSnowsHair said:

Man, you guys are old.

Had six beers (over 5-6 hours) yesterday to kick off the weekend down the shore. Up and completed wordle, no hangover or nuttin'.

Lest you think I'm bragging, I didn't drive to work or anything.

Had a graduation party for my wife this weekend. Was pretty much wrecked for 48 hours. Getting hammered two days in a row is a lot harder nowadays.

13 hours ago, Toastrel said:

If you could read, this would be even funnier!

:roll:

Hey Lia! That was a quality burn.

I threw you a pity "like" since your boys have left you hanging for the last 13 hours just holding your junk.

 

 

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Republicans want inflation to remain high. They offer no plans to do anything about it, as usual. 

On 7/18/2022 at 10:40 AM, jsdarkstar said:

Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"

 
Sun, July 17, 2022 at 11:38 AM
 
 

Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."

:roll: 

On 7/18/2022 at 5:01 PM, Boogyman said:

Had a graduation party for my wife this weekend. Was pretty much wrecked for 48 hours. Getting hammered two days in a row is a lot harder nowadays.

It will get MUCH tougher

1 hour ago, jsdarkstar said:

Republicans want inflation to remain high. They offer no plans to do anything about it, as usual. 

Rooting for a bad economy is all they have left. It’s the only way they can win.

5 minutes ago, Gannan said:

Rooting for a bad economy is all they have left. It’s the only way they can win.

You talking about the '22 mid-terms or the '24 general?

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