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The True Level Of Inflation Should Have You VERY Worried!
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May 15, 2022 16:50:41   #
Ginny_Dandy Loc: Pacific Northwest
 
Justice101 wrote:
I thought that they had de-salination plants out there to remove the salt from the ocean water for homes to use?


They did. I don't know what happened to that. They were also turning sewer water into drinking water. I don't know if they could do that on a large scale, though.

The lower half of California is desert. And with the population growing - it's out-pacing the supply of water. And since the U.N. now has control of ALL the water, they've sold off the water rights to the Colorado River - that's southern California's water supply. Now Nestle's (who bought those water rights) is telling the people of So. Cal. they don't have any right to the water.

Reply
May 15, 2022 17:51:12   #
Weasel Loc: In the Great State Of Indiana!!
 
permafrost wrote:
Now as the morning moves on, it is my need to toss a little water on this h**e the dems and Joe escapade..

While we must agree on the obvious inflation and its nasty... it is not true that Joe is the perpetrator.. no matter how you wish to nail Joe for it, most would/did happen with none of Joe effect on it at all..

And while we are starting to see a small remission on the inflation, with Putins war pressing the world, we may see an extention or even and increase of the problem...

So if you wish to damn the condition, direct your screams in the right direction.. Do not bother trying to blaime the other party or the head man..
Now as the morning moves on, it is my need to toss... (show quote)


If you truly believe that, then you need to read this. If you are pigheaded then just toss it.











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May 15, 2022 18:45:46   #
Justice101
 
Weasel wrote:
If you truly believe that, then you need to read this. If you are pigheaded then just toss it.


Yep!

Reply
 
 
May 15, 2022 19:40:19   #
permafrost Loc: Minnesota
 
Weasel wrote:
If you truly believe that, then you need to read this. If you are pigheaded then just toss it.


Well darn Weasel, it may be that the best thing about Joe is the relief the world felt when he replaced the former occupant..

But time moves on and we shall as well.. the original problems show a small lessening.. I have to admit that Putin war is still a factor which is a mystery..

So while the best laid plans and all that may hold true.. Optimism is called for

Strange it is, but part of my glow is that my little girls business is booming and she is bubbling.. But heck that is normal..

Reply
May 15, 2022 19:41:58   #
permafrost Loc: Minnesota
 
By the way. Question for all you trumpets...

What are some of your suggestions to beat back this inflation??

Reply
May 15, 2022 19:54:36   #
Weasel Loc: In the Great State Of Indiana!!
 
permafrost wrote:
Well darn Weasel, it may be that the best thing about Joe is the relief the world felt when he replaced the former occupant..

But time moves on and we shall as well.. the original problems show a small lessening.. I have to admit that Putin war is still a factor which is a mystery..

So while the best laid plans and all that may hold true.. Optimism is called for

Strange it is, but part of my glow is that my little girls business is booming and she is bubbling.. But heck that is normal..
Well darn Weasel, it may be that the best thing ab... (show quote)


Well Darn 2.0


https://youtu.be/elTETLGhmOs

Reply
May 15, 2022 20:03:09   #
permafrost Loc: Minnesota
 
Weasel wrote:



LOL, that is a good Ludacris reply Weasel... good reply..



Reply
 
 
May 15, 2022 21:24:21   #
Justice101
 
permafrost wrote:
By the way. Question for all you trumpets...

What are some of your suggestions to beat back this inflation??


What Biden can do to lower inflation — but stubbornly refuses to
By Brian Riedl
May 11, 2022

The Federal Reserve must lead the charge of reducing inflation. After dumping $4.8 trillion into the economy during the recession and continuing to buy mortgage-backed securities as recently as two months ago, the Fed is finally taking inflation seriously by raising rates and reducing its balance sheet. This will be painful but necessary.

Yet much more can be done. President Biden continues to insist that he is working tirelessly to reduce inflation, but his administration has worsened the problem and refused to make the difficult choices that may anger its allied interest groups.

There is a blueprint, however, for the president and Congress to help reduce inflation.

First, stop the spending spree. A major inflation driver was last year’s $1.9 trillion American Rescue Plan. At the time, the Congressional Budget Office estimated that the baseline economy would operate $420 billion below capacity in 2021 and then gradually close that output gap by 2025. While some stimulus was justified, lawmakers shot a $1.9 trillion bazooka at a $420 billion output gap. And this was just weeks after the December 2020 stimulus law poured in $900 billion. Economists on the left and right, such as Lawrence Summers, warned this excessive stimulus would bring inflation. They were right.

Despite that momentous policy error, Biden continues to support a Build Back Better extravaganza that would cost trillions of dollars. And he inexplicably claims all this federal spending would decrease inflation. Congress should be reining in excess stimulus and spending, not adding more.

Second, reverse other inflation-causing policies. The Biden administration has hiked tariffs on Canadian lumber and added tariffs on other building materials. It renewed President Donald Trump’s tariffs on solar panels, extended the tariffs on Chinese imports and imposed tariff quotas on steel. It imposed Buy American provisions raising the cost of infrastructure and is working to expand Davis-Bacon policies that raise the cost of government contracts.

The White House is defending the Jones Act, which raises shipping costs, and allowing a higher ethanol blend in gasoline that will increase food prices. It has also deferred student loan payments well past the point justified by the unemployment rate. Lastly, the White House imposed expensive new environmental regulations that will significantly delay and raise the cost of infrastructure, undermining last year’s $550 billion infrastructure law.

Biden also has severely constrained oil, coal and natural gas exploration with a series of moratoriums, permitting regulations and economic reforms to discourage investment in fossil-fuel companies. Unless reversed, this will contribute to long-term energy inflation, especially as we import less from Russia.

Advocates defend these policies as achieving other important goals. But cumulatively, they significantly worsen an inflation problem that is already sinking under the weight of fiscal policy, monetary policy, supply chain disruptions and the war in Ukraine. The Peterson Institute for International Economics calculates that even a 2 percentage-point reduction in tariffs could lower inflation 1.3% and save $800 per household a year.

Finally, clear up the shipping backlog at our ports. This requires addressing the local unions that have long limited the number of workers and hours and fought productivity-enhancing automation and technology (such as automated cranes) out of fear it would cost union jobs.

Inflation is a global phenomenon driven primarily by the aggressive central-bank responses to the p******c and recession. But the first rule for elected officials should be to do no harm. That means restraining federal spending, encouraging energy exploration and ensuring that businesses can operate efficiently without expensive tariffs and over-regulation.

The president and Congress have inflation-fighting tools at their disposal. The question is whether they will use them.

Reply
May 15, 2022 23:24:22   #
Ginny_Dandy Loc: Pacific Northwest
 
Justice101 wrote:
What Biden can do to lower inflation — but stubbornly refuses to
By Brian Riedl
May 11, 2022

The Federal Reserve must lead the charge of reducing inflation. After dumping $4.8 trillion into the economy during the recession and continuing to buy mortgage-backed securities as recently as two months ago, the Fed is finally taking inflation seriously by raising rates and reducing its balance sheet. This will be painful but necessary.

Yet much more can be done. President Biden continues to insist that he is working tirelessly to reduce inflation, but his administration has worsened the problem and refused to make the difficult choices that may anger its allied interest groups.

There is a blueprint, however, for the president and Congress to help reduce inflation.

First, stop the spending spree. A major inflation driver was last year’s $1.9 trillion American Rescue Plan. At the time, the Congressional Budget Office estimated that the baseline economy would operate $420 billion below capacity in 2021 and then gradually close that output gap by 2025. While some stimulus was justified, lawmakers shot a $1.9 trillion bazooka at a $420 billion output gap. And this was just weeks after the December 2020 stimulus law poured in $900 billion. Economists on the left and right, such as Lawrence Summers, warned this excessive stimulus would bring inflation. They were right.

Despite that momentous policy error, Biden continues to support a Build Back Better extravaganza that would cost trillions of dollars. And he inexplicably claims all this federal spending would decrease inflation. Congress should be reining in excess stimulus and spending, not adding more.

Second, reverse other inflation-causing policies. The Biden administration has hiked tariffs on Canadian lumber and added tariffs on other building materials. It renewed President Donald Trump’s tariffs on solar panels, extended the tariffs on Chinese imports and imposed tariff quotas on steel. It imposed Buy American provisions raising the cost of infrastructure and is working to expand Davis-Bacon policies that raise the cost of government contracts.

The White House is defending the Jones Act, which raises shipping costs, and allowing a higher ethanol blend in gasoline that will increase food prices. It has also deferred student loan payments well past the point justified by the unemployment rate. Lastly, the White House imposed expensive new environmental regulations that will significantly delay and raise the cost of infrastructure, undermining last year’s $550 billion infrastructure law.

Biden also has severely constrained oil, coal and natural gas exploration with a series of moratoriums, permitting regulations and economic reforms to discourage investment in fossil-fuel companies. Unless reversed, this will contribute to long-term energy inflation, especially as we import less from Russia.

Advocates defend these policies as achieving other important goals. But cumulatively, they significantly worsen an inflation problem that is already sinking under the weight of fiscal policy, monetary policy, supply chain disruptions and the war in Ukraine. The Peterson Institute for International Economics calculates that even a 2 percentage-point reduction in tariffs could lower inflation 1.3% and save $800 per household a year.

Finally, clear up the shipping backlog at our ports. This requires addressing the local unions that have long limited the number of workers and hours and fought productivity-enhancing automation and technology (such as automated cranes) out of fear it would cost union jobs.

Inflation is a global phenomenon driven primarily by the aggressive central-bank responses to the p******c and recession. But the first rule for elected officials should be to do no harm. That means restraining federal spending, encouraging energy exploration and ensuring that businesses can operate efficiently without expensive tariffs and over-regulation.

The president and Congress have inflation-fighting tools at their disposal. The question is whether they will use them.
What Biden can do to lower inflation — but stubbor... (show quote)


I liked the one that said Republicans, when they have control of both houses, will start an impeachment of Biden. The DNC and Zuckerberg did America a great injustice by putting Biden in the WH.

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May 16, 2022 01:08:35   #
Justice101
 
Ginny_Dandy wrote:
I liked the one that said Republicans, when they have control of both houses, will start an impeachment of Biden. The DNC and Zuckerberg did America a great injustice by putting Biden in the WH.


I think that they need to impeach Mayorkas first. If they impeach Biden, then we have Harris as president.

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May 16, 2022 03:04:39   #
Ginny_Dandy Loc: Pacific Northwest
 
Justice101 wrote:
I think that they need to impeach Mayorkas first. If they impeach Biden, then we have Harris as president.


I hope they've thought of that.

Reply
 
 
May 16, 2022 08:54:28   #
BIRDMAN
 
permafrost wrote:
By the way. Question for all you trumpets...

What are some of your suggestions to beat back this inflation??


Get rid of Biden

Reply
May 16, 2022 12:51:11   #
Ginny_Dandy Loc: Pacific Northwest
 
Birdmam wrote:
Get rid of Biden


👍👍👍👍👍👍

I hope Repubs get that message.

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