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Topic Title: Yellen says Americans haven't experienced current inflation rate 'in a long time'
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Created On: 10/24/2021 03:01 PM
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 10/28/2021 11:32 AM
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follydude

Posts: 8747
Joined Forum: 07/25/2003

Originally posted by: tpapablo

2% GDP growth for the 3rd quarter. Expecting 3%. Another Dementia Joe bungle. His streak of screwing up everything remains intacts. Progs will celebrate like a conservative died of covid.


In the Spring and entering into Summer GDP was brisk 6.7%.

Then, by Labor Day, shrieked to the result you posted, 2%.

Why?

Because of assholes like Desantis and othe Dotards who defied best practices and allowed the Delta variant to explode.

Thank yourself for the anemic growth and thank your Dotard friends for screwing up something good.


 10/28/2021 11:40 AM
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follydude

Posts: 8747
Joined Forum: 07/25/2003

Originally posted by: OBX
Originally posted by: follydude
Originally posted by: OBX
Originally posted by: follydude

Norfolk Southern Q3 Profit Up 32%
Apple Q3 profit up 36%
JPMorgan up 24%
AMD (chip manufacturer) up 54%
Deere up 29%

Do you see a trend here?

Corporate profits are way up and it appears that companies are attempting to make up for 2020 losses by raising prices and therefore raise profitability.

The inflation we see isn't being caused by federal monitary policy, it is fueled by corporate greed.

Quit buying so much crap, people.


So which is it? The "labor shortage" or corporate greed driving up inflation?

Wonder what this 3 trillion "infrastructure bill" will do to us, along with the continuance of lock downs and firing people for not taking the jab will do to the economy/inflation?

Or are we seriously take the cop-out approach and blame it all on Trump and look past the fact that current leadership is doing NOTHING to help other than make it worse....


The sociopath running the bagel shoppe who only wants to pay slave wages and therefore can't retain and find employees is not the same as JPMORGAN.

The fascist turd who owns the plumbing company and only pays the minimum wage and only schedules his employees at 39 hours a week to avoid paying benefits is not the same as Norfolk Southern.

That said, employers have seen that the "labor shortage" has done something positive for them: driven up profitability.

What will the $3T Infrastructure Bill do?

See more construction companies pouring more concrete and construction companies having to hire more people at decent, competitive wages to get the contracts and get paid.

And, calling it correctly - that T'rump fucked up the Pandemic response - isn't a cop out. It is being honest.


Lots of strawmen thrown out their, Folly. Are we to believe that the money in that bill will actually go to the "people" and not line the pockets of political supporters? Does "shovel ready jobs" ring a bell? How about "Solyndra." How many times are you going to be fooled by the same playbook?

"Trump fucked up the Pandemic Response"....yes, blame it all on Trump. Let the hate flow!! All BS aside, based on what metric? And the irony of that statement....the beloved jabs being mandated into your arm? You can thank Trump for fast passing that! .....


I don't think you know what a 'strawman' is. All you have to do is open your eyes and read about legit people looking for jobs and the mouthy Dotards who are whining the loudest won't return emails and phone calls.

There are plenty of examples of MAGAturds out there advertising $15 and hour but, then upon hiring, tell the applicants that starting pay is $10 and $15 after a 90 probationary period. Crap like that.


 10/28/2021 11:59 AM
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OBX

Posts: 1301
Joined Forum: 11/06/2012

Originally posted by: follydude
Originally posted by: tpapablo 2% GDP growth for the 3rd quarter. Expecting 3%. Another Dementia Joe bungle. His streak of screwing up everything remains intacts. Progs will celebrate like a conservative died of covid.
In the Spring and entering into Summer GDP was brisk 6.7%. Then, by Labor Day, shrieked to the result you posted, 2%. Why? Because of assholes like Desantis and othe Dotards who defied best practices and allowed the Delta variant to explode. Thank yourself for the anemic growth and thank your Dotard friends for screwing up something good.
Want to tell us how Florida and its "Dotard leader who defied best practices" is currently doing compared to the other states who.....employed said "best practices?"

-------------------------

"Its easier to fool people than to convince them they have been fooled" - Mark Twain

 10/28/2021 12:07 PM
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HAPDigital

Posts: 15505
Joined Forum: 11/29/2004

LOL we have the 3rd most cases total in the country, topped by Texas and CA, much larger states. We had 3.6M Cases and CA had 4.8. We have half the population. No success here in FL at all.
 10/28/2021 12:30 PM
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OBX

Posts: 1301
Joined Forum: 11/06/2012

Originally posted by: HAPDigital LOL we have the 3rd most cases total in the country, topped by Texas and CA, much larger states. We had 3.6M Cases and CA had 4.8. We have half the population. No success here in FL at all.
I'm talking current rate of spread

-------------------------

"Its easier to fool people than to convince them they have been fooled" - Mark Twain

 10/28/2021 12:50 PM
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HAPDigital

Posts: 15505
Joined Forum: 11/29/2004

So this lower spread currently makes up for the big disaster? Cases as high as a state with double the population? Eh, no. It's not over.

Winter is just beginning...

Edited: 10/28/2021 at 12:51 PM by HAPDigital
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