GDP falls 1.4% for the quarter.

Originally posted by: tom

It was like only yesterday (it was) that the lib gang here was bragging about the biden gang economy.

 

duh, stupid Tommie-poo may not know that we're in the midst of the OPPOSITE of a recession.


Show us some ''bragging about the biden gang economy'' and name the ''lib gang''.

Originally posted by: PJ Stroh

What do you say to people who simultaneously cry about inflation and the cure for inflation?    Its probably just better to point and laugh.

 

The red hot economy is slowing down - which is the whole point of raising interest rates.  And its how every inflationary cycle in history has been resolved.    

 

But if Charles prefers we continue in an inflationary bubble he can support negative interest rates like the last candidate he voted for president.

 

 


Oh gee.  Now the liberals are embracing monetary theory after claiming inflation was not a problem or a high class problem or caused by the supply chain or corporate greed or blaming it on Putin.  Now they're saying the only way to address inflation is by raising interest rates which I actually pointed out months ago.  Welcome to the real world.  Maybe if Democrats had listened to Larry Summers a year ago we could have avoided this pain.  Maybe if Democrats hadn't declared war on fossil fuels, life would be better now....but they didn't see the writing on the wall.  And I have every right to point out their incompetence and results. It's possible Democrats can be responsible for both slow growth and Inflation.  It wouldn't be the first time.

 

After Joe and your liberal crew tried to saddle us with the Build Back Broke Boondoggle and Its trillions in new spending JUST 3 months ago, it's probably better to just point and laugh though.  If you think 8.5% inflation is bad, there is no question it would be far worse had you succeeded in your economic death wish.  Thank God for Joe Manchin.  He probably saved the economy.

 

And as for the previous President, he managed to show good economic growth and solid employment and then kept us out of an economic disaster when saddled with the Covid shutdowns.  All with very reasonable inflation numbers.  We can only compare results not an alternate version of history.  You have no idea how the Trump administration would have handled this inflation.....but we know how Biden has mishandled it.

Originally posted by: Charles

Oh gee.  Now the liberals are embracing monetary theory after claiming inflation was not a problem or a high class problem or caused by the supply chain or corporate greed or blaming it on Putin.  Now they're saying the only way to address inflation is by raising interest rates which I actually pointed out months ago.  Welcome to the real world.  Maybe if Democrats had listened to Larry Summers a year ago we could have avoided this pain.  Maybe if Democrats hadn't declared war on fossil fuels, life would be better now....but they didn't see the writing on the wall.  And I have every right to point out their incompetence and results. It's possible Democrats can be responsible for both slow growth and Inflation.  It wouldn't be the first time.

 

After Joe and your liberal crew tried to saddle us with the Build Back Broke Boondoggle and Its trillions in new spending JUST 3 months ago, it's probably better to just point and laugh though.  If you think 8.5% inflation is bad, there is no question it would be far worse had you succeeded in your economic death wish.  Thank God for Joe Manchin.  He probably saved the economy.

 

And as for the previous President, he managed to show good economic growth and solid employment and then kept us out of an economic disaster when saddled with the Covid shutdowns.  All with very reasonable inflation numbers.  We can only compare results not an alternate version of history.  You have no idea how the Trump administration would have handled this inflation.....but we know how Biden has mishandled it.


     Everything said here by Charles is true.

Everything Charles said is bullshit, despite David's pathetic attempt to label it DA TROOT.

 

But really, are our conservitards ever going to stop playing their one-note song? Bad thing--Biden's fault!!! Good thing--Biden had nothing to do with it!

 

We have to keep in mind that bizarre rants like Charles' aren't intended to be actual logical arguments (and boy, do they fail on that score!). They're just the same old whine about Biden whine about Biden whine about Biden dogcrap we've been hearing for months. No logical or factual basis. Just bitch bitch bitch bitch bitch.

 

Conservitards--Biden has nothing to do with your impotence, your anger, or your fear that white people aren't going to be in charge. He also has nothing to do with the GLOBAL economy that you're bitching about.


Originally posted by: Charles

Oh gee.  Now the liberals are embracing monetary theory after claiming inflation was not a problem or a high class problem or caused by the supply chain or corporate greed or blaming it on Putin.  Now they're saying the only way to address inflation is by raising interest rates which I actually pointed out months ago.  Welcome to the real world.  Maybe if Democrats had listened to Larry Summers a year ago we could have avoided this pain.  Maybe if Democrats hadn't declared war on fossil fuels, life would be better now....but they didn't see the writing on the wall.  And I have every right to point out their incompetence and results. It's possible Democrats can be responsible for both slow growth and Inflation.  It wouldn't be the first time.

 

After Joe and your liberal crew tried to saddle us with the Build Back Broke Boondoggle and Its trillions in new spending JUST 3 months ago, it's probably better to just point and laugh though.  If you think 8.5% inflation is bad, there is no question it would be far worse had you succeeded in your economic death wish.  Thank God for Joe Manchin.  He probably saved the economy.

 

And as for the previous President, he managed to show good economic growth and solid employment and then kept us out of an economic disaster when saddled with the Covid shutdowns.  All with very reasonable inflation numbers.  We can only compare results not an alternate version of history.  You have no idea how the Trump administration would have handled this inflation.....but we know how Biden has mishandled it.


Thats right, Charles.  I'm pointing to the 200 years of history showing the causes and cures of inflation.   And you're blaming it on policy that never got passed.    (nevermind it was scored to be non-inflationary by the the bipartisan Congressional Budget Office)

 

Oh - Good economic growth under Trump?  Holy shit, really?   You mean except for the pandemic crash?   Personally I wouldn't blame Trump for something that was not of his doing ...but thats your simpleton game with Biden.  SO, uh, yeah....Trump's econmomic growth sucked.    

 

 

Isn't it fucking hilarious how cretins like Charles point to events THAT NEVER HAPPENED as "reasons" to blame Biden for inflation?

 

Logic and reason are strictly peripheral considerations when conservitards want to spew their propaganda. Despite repeated requests, none of them have been able to tell us just what Biden policies are driving worldwide inflation. Things like Charles grasp at straws and say, ooh, yeah, that horrible terrible infrastructure bill, that's what did it, yes sirree Bob, hyuk, hyuk---ignoring the little detail that that bill hasn't passed!

 

Conservitards sure are fucking stupid!

Oh, and Charles wants to praise Trump for keeping inflation low during the pandemic. Yay Trumpie-poo! That noble economic savant!

 

Jesus, fuck, is there anything more ridiculous than a drooling Trump lackey?

Originally posted by: Kevin Lewis

Oh, and Charles wants to praise Trump for keeping inflation low during the pandemic. Yay Trumpie-poo! That noble economic savant!

 

Jesus, fuck, is there anything more ridiculous than a drooling Trump lackey?


Yes. Davee-Boi.

Originally posted by: PJ Stroh

Thats right, Charles.  I'm pointing to the 200 years of history showing the causes and cures of inflation.   And you're blaming it on policy that never got passed.    (nevermind it was scored to be non-inflationary by the the bipartisan Congressional Budget Office)

 

Oh - Good economic growth under Trump?  Holy shit, really?   You mean except for the pandemic crash?   Personally I wouldn't blame Trump for something that was not of his doing ...but thats your simpleton game with Biden.  SO, uh, yeah....Trump's econmomic growth sucked.    

 

 


Reading comprehension an issue for you?  I didn't blame inflation on build back boondoggle.  I pointed out how much worse it would be had this spending bill passed.  How anyone say with a straight face that pumping trillions more government spending into an economy at full employment is not inflationary?  I think the last time I pointed out that we know very well what causes inflation and what the cure is you attacked me for being a Monetarist.  What changed?  When did you realize that inflation wasn't 'transitory'.  

 

As I pointed out, the growth under Trump was solid with low inflation and good employment until the lockdowns.  Then, as I also pointed out, we did not experience an economic catastrophe.  We had a 2 quarter recession….shortest on record...and then continued growth as states reopened their economies.

 

I kind of remember Democrats around here blaming Trump for Covid.  One idiot blamed Trump personally for his friend that died (I kind of doubt that person really has any friends).  You don't hear those arguments anymore since more Americans have died of Covid under Biden than Trump and Joe had the vaccine handed to him.  You just can't make this shit up.  

 

Tell me truthfully PJ.  If Trump had actually won in 2020 and Putin invaded Ukraine exactly how it happened wouldn't you use every opportunity to blame Trump?  Wouldn't you be saying he was in Putin's pocket and allowed it?  Would you let Republicans get away with blaming inflation on Putin?  Would you ignore our drop in real wages and reduced standard of living in the Biden economy and just toss it off to 'shit happens'.  Somehow I don't think so.

The Lib's assured us that Biden and friends printing trillions of dollars worth of Monopoly money wouldn't fuel inflation.  Now they tell us that the inflation is Putin's fault.

 

Idiots all.

Edited on Apr 28, 2022 12:09pm
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