8.5%

[ll74]

Now do the export/import graph

 

[Champakian]

I invite you to share your secret knowledge with the rest of us.

 

[ll74]

The export/import ratio isn't a secret
It's just math

 

[ll74]

https://www.eia.gov/tools/faqs/faq....rts of about,countries and 4 U.S. territories.

 

[Champakian]

Now, what does it mean to you? You have yet to explain your point of view on the topic.

 

[ll74]

Now, what does it mean to you? You have yet to explain your point of view on the topic.

That's true.

Strange, that

 

[Rotadom]

Now, what does it mean to you? You have yet to explain your point of view on the topic.

You first and your opening post don't count.

 

[Champakian]

It's self-explanatory.

Americans, the little guys, are being hit hardest by the Biden Administration/policies.

 

[ll74]

So the big American guys aren't....what about medium sized?

 

[Champakian]

Oh, your wit has cut me to the slow...

 

[Rotadom]

It's self-explanatory.

Americans, the little guys, are being hit hardest by the Biden Administration/policies.

You feel belittled by the President and are lashing out.

 

[Champakian]

I do?

How?

Please explain for me since you've appointed yourself as my therapist...

 

[Rotadom]

First, explain your position on your topic.

 

[BabyBoomer50s]

the latest price index numbers are out this morning. Up 11.2%.

 

[HisArpy]

the latest price index numbers are out this morning. Up 11.2%.

This must be due to those pesky Trump created supply chain problems. Give him a decade to figure out which meme to use and Buttplugg will be all over the media claiming to have fixed the problem.

 

[LukSkyFokker]

Record inflation in Japan.

I blame Biden.

 

[Sean Renaud]

I missed where the supply line problems had anything to do with Trump. I'm sure somewhere along the way someone said it was him. It was really just two years of shut downs followed by a massive reopening instead of a gradual one. This was the only logical outcome.

 

[Philthy_Phil]

renard_ruse level multi-post meltdown.

He's just proving what a trumptard he really is. His shtick is played out, now he's just a useful idiot of the right.

 

[Champakian]

33% (The How Low Will He Go remix)

8.5% seems to have an effect...
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).

 

[Champakian]

First, explain your position on your topic.

I have several times.

President Biden's agenda from Day One was to placate the extreme, agitated and motivated
Left-wing base of his party and in (partially) realizing their desires and working towards their goals
he engaged in behaviors that led to a faltering economy fueled by the many-times failed economic theory
that the best way forward would be to inflate the money supply and encourage people to spend, spend, spend...

Now this might work with the paid shill "Steve" who starts the MMT threads and loves this economic thinking,
but all it ever does is leads to inflation and when it comes to inflation that benefits only those at the source
and fall hardest on the middle- and working-classes. It always does and always will, but it has become
a cornerstone of Socialist thinking which does not believe or ascribe to the idea
that money is a commodity subject to market forces/pricing.

 

[Chobham]

I have several times.

President Biden's agenda from Day One was to placate the extreme, agitated and motivated
Left-wing base of his party and in (partially) realizing their desires and working towards their goals
he engaged in behaviors that led to a faltering economy fueled by the many-times failed economic theory
that the best way forward would be to inflate the money supply and encourage people to spend, spend, spend...

Now this might work with the paid shill "Steve" who starts the MMT threads and loves this economic thinking,
but all it ever does is leads to inflation and when it comes to inflation that benefits only those at the source
and fall hardest on the middle- and working-classes. It always does and always will, but it has become
a cornerstone of Socialist thinking which does not believe or ascribe to the idea
that money is a commodity subject to market forces/pricing.

Not many other tools left for a nation that outsourced it's manufacturing.

 

[Champakian]

We didn't outsource it. It fled from the moral busybodies who think they can do everything better.

A lot of them wrapped themselves up in the cape of Gaia and consider themselves "superheroes..."

 

[Champakian]

Don't want to sound alarmist, but the next number realized might be in the 11% range...

 

[Champakian]

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

“Inflation ran 8.5% in the year ending last month, while nominal wages grew only 5.6%, a decline in inflation-adjusted wages of 2.7%,” Jason Furman at Harvard University wrote in a Wall Street Journal article.

“That [2.7 percent] is a larger decline than any pre-pandemic year in the last forty years,” he said in an April 12 tweet.

Americans’ disposable income fell because prices inflated faster than wages rose. Prices rose by a shocking 8.5 percent, while wages rose by an impressive 5.6 percent.

Source: Breitbart.com [The news CNNMSM refuses to print.]

 

[Champakian]

It's not just inflation killing the American worker.

Open borders keep wages low...