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President Biden acknowledged Monday that prices are still “too high” and argued that companies should lower them after an 18% jump in consumer costs since he took office.
Some kind of idiot he is.
Surprised he didn't do what many on C-D do. Tell people that prices are fine and all they need to do is clip coupons, look for specials, and buy lower-quality items.
Looks like we are. The vendors and stores keep raising prices and consumers keep buying. You wanna stop inflation. Not much we can do about the government, but consumers could just stop shopping.
Just read on Axios about Thanksgiving and Black Friday online shopping. Consumers spent almost 25 Billion in 2 days online shopping. That's up a tad from last year. What inflation?
They are going into debt over it. Look at CC balances and defaults....over $1 trillion in CC debt now.
Remember ...boomer and silents have lived through high inflation (70-80's).
The younger crowds....only through recessions and they didn't last all that long.
I'm surprised someone in the White House is not down in the basement looking for an old box of those 1974 WIN buttons. This was Gerald Ford's first measure to fight inflation, with lapel buttons that said WIN (Whip Inflation Now). It takes more than slogans, speeches or buttons to whip inflation. Ford and later Carter found that out the hard way in their re-election defeats.
They are going into debt over it. Look at CC balances and defaults....over $1 trillion in CC debt now.
Remember ...boomer and silents have lived through high inflation (70-80's).
The younger crowds....only through recessions and they didn't last all that long.
don't forget older gen x, most of them lived through it too..
according to crone, as long as people are going into debt buying stuff, inflation doesn't exist.
Looks like we are. The vendors and stores keep raising prices and consumers keep buying. You wanna stop inflation. Not much we can do about the government, but consumers could just stop shopping.
Just read on Axios about Thanksgiving and Black Friday online shopping. Consumers spent almost 25 Billion in 2 days online shopping. That's up a tad from last year. What inflation?
That's ONLINE shopping, how much of that was just a shift from In-Person to Online? Did total sales between the two go up? What was the amount AFTER it's adjusted for inflation?
I spent more over Black Friday this year, but most of it was necessities.
Looks like we are. The vendors and stores keep raising prices and consumers keep buying. You wanna stop inflation. Not much we can do about the government, but consumers could just stop shopping.
Just read on Axios about Thanksgiving and Black Friday online shopping. Consumers spent almost 25 Billion in 2 days online shopping. That's up a tad from last year. What inflation?
I bought a few things, things I needed while I could get them cheaper.
I bought a few things, things I needed while I could get them cheaper.
Same. I bought two items on Black Friday, but neither of them were frivolous or very expensive, just stuff that I normally buy, but bought in bulk at a discount because of the sale. I try to do what I can to shield myself from the impact of Democrat policy and inflation.
It's only up 18% since he took office? Somehow, I find that hard to believe.
Xoe is doing a bang-up job, yes? I mean for his employer, Chyyynnnaaa. Titular POTUS, that's Xoe in a nutshell. And I do mean nutshell. Nothing personal to the nuts out there.
Quote:
Originally Posted by TMSRetired
ROFL....new Federal taxes hit in 2023. Unions got record raises in 2023 and Biden cheered them.
And he wants companies to lower prices......
Go pound sand Mr. President and stop trying to throw blame where it does not belong.
Xoe will be starring in the remake of the movie "Clueless." He's spent his entire adult--if you can call it that--life almost totally detached from reality, ridin' that train back and forth to DC.
Term Limits. POTUS: 8 years. Sinate: 12 years. House: 12 years. Lifer Bureaucrats: 12 years.
Big ask from someone who has been on the taxpayer dole their whole working life
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Sinate: 12 years. House: 12 years. Lifer Bureaucrats: 12 years.
