Anonymous
05/13/2025 17:23
Subject: April inflation lowest since 2021
Anonymous wrote:Eggs tumbled almost 13%. They're still up almost 50% from a year ago because of the Biden economy.
get your facts straight. This discussion is for the grownups.
Anonymous
05/13/2025 17:21
Subject: April inflation lowest since 2021
I thought it was the inflation RATE that had flattened — as in, prices were no longer rising — but prices were still high?
Anonymous
05/13/2025 17:08
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:Stock market will be record highs by the midterms
Economy will be roaring and inflation beaten
War in Ukraine will be over
The left will be furious.
We all want the wars to end, right? Or are you hoping that it’s timed to align with midterms? Regardless, it’ll be a blue wave (again).
Exactly. Economy was in good shape and Covid was put behind us during Biden's term but yet he still tanked like a dead whale with his 40% approval rating. Trump is as equally unfit and equally unpopular as Biden and he also has very noticeable personality disorders. Bringing wars to an end and/or an economy running on all cylinders won't help the GOP in 2026 and 2028. We've been down this road before. It always end the same way.
Anonymous
05/13/2025 17:05
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:Stock market will be record highs by the midterms
Economy will be roaring and inflation beaten
War in Ukraine will be over
The left will be furious.
We all want the wars to end, right? Or are you hoping that it’s timed to align with midterms? Regardless, it’ll be a blue wave (again).
We all want wars to end, but MAGa seems to want Russia to in the war in Ukraine (which if they do, will simply mean Russia moves on to the Baltics and Poland next)
Anonymous
05/13/2025 17:05
Subject: April inflation lowest since 2021
Anonymous wrote:Inflation is a sign of thriving economy. So falling inflation numbers are a harbinger of approaching disaster.
Are you sure you are not confusing falling inflation with deflation? Falling inflation is usually good. It’s deflation that’s potentially a concern.
Anonymous
05/13/2025 16:57
Subject: April inflation lowest since 2021
Anonymous wrote:Stock market will be record highs by the midterms
Economy will be roaring and inflation beaten
War in Ukraine will be over
The left will be furious.
We all want the wars to end, right? Or are you hoping that it’s timed to align with midterms? Regardless, it’ll be a blue wave (again).
Anonymous
05/13/2025 16:48
Subject: April inflation lowest since 2021
1. They want to have a hissy fit. Inflation was also caused by the disruption in global logistics. Remember almost the whole world shut down.
2. And last I checked, other countries also had horrible inflation in the aftermath.
1.✅
2.✅
3.✅Trump delayed relief checks because he’s a fking narcissistic madman who had to sign them.
Anonymous
05/13/2025 16:38
Subject: Re:April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:https://www.yahoo.com/finance/personal-finance/banking/article/april-inflation-breakdown-food-shelter-and-medical-care-pinch-consumers-wallets-181129182.html
Traveling is cheaper now because lots of foreigners don't want to come to the US, but also domestically, people are still wary of the economy.
But basic living expenses are still up: food, insurance, medical care..
The reports linked in this thread show that groceries and egg prices are down not up.
Obamacare fixed all insurance issues, we were told. He solved it.
Obamacare never purported to fix all of the health insurance issues. It was a first step that has always needed refining, but the GOP refuses to engage in the necessary fixes. Also, the insurance cited above is HOMEOWNER insurance, and those rates are climbing particularly in Florida, because of climate change risks. The GOP can stick their head in the sands over climate change but the insurance companies are not, since they are the ones literally on the hook.
Anonymous
05/13/2025 16:35
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:It isn't all good news.
"However, economists warn it’s not a matter of if, but when, tariffs levied by President Donald Trump start to reignite inflation, at a time when it has nearly been tamed from pandemic-era highs.
“It felt like we could just about declare victory on putting inflation back in the bottle, and it’s back out again,” said Mark Zandi, chief economist at Moody’s.
He expects tariffs to start noticeably impacting inflation in the May CPI report issued next month.
“Soak this report in,” Zandi said. “It’ll be a while before we get another good one.”""
https://www.cnbc.com/2025/05/13/cpi-inflation-breakdown-april-2025-in-one-chart.html
These “experts” like JP Morgan have already retracted their predictions and they were wrong on the jobs reports too. They are consistently wrong when it comes to predicting anything positive out of Trump. It’s always in one direction.
the jobs reports to date, do not include any of the federal layoffs or follow on destruction in the contracting industry.
Anonymous
05/13/2025 16:35
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:Anonymous wrote:Biden killed the Keystone Pipeline on day 1, and went on a mission to further restrict energy development, to cheers from Democrats. Then as prices went sky-high, he drained the petroleum reserve, and Democrats pretended to be happy about lower prices and that Biden wasn't restricting anything.
Trump came in and expanded development, leading to lower energy prices. This will produce lower prices as these price drops kick in.
Pathetic lies.
Fact 1. KXL wasn't about producing gasoline, it was for refining tar sands oil (bitumen/heavy crude) for export. That kind of oil isn't used for producing gasoline, instead light sweet crude is, and KXL would have minimal impact on gas prices.
Fact 2. Domestic oil production rose to an all time high under Biden, higher even than any of the four years of Trump's first term in office.
These are both provable documented facts.
Tell us, did you hear these lies from some source you trust? If so, you need to ditch that source because it is spreading falsehoods. Or, did you come here thinking you could spread your own lies, insult our intelligence, and not be caught and called out for it? Because that obviously doesn't work for you, either. Do better.
Wake up. Keystone would have been operational starting in 2023 if Biden hadn’t nixed it, producing 830,000 barrels of crude per day. Ending it also negatively impacted future oil market expectations. He paused new oil and gas leases and impacted strict environmental controls all of which affected production and importantly, investment decisions.
DP
1) As the PP mentioned, Keystone was not about gasoline for cars, but rather a heavier fuel for export.
2) The US was for the first time in decades, and net energy exporter under Biden. IOW, we don't need that domestic production for ourselves and our ports and refineries are already operating at peak. In other words, having more pipelines will just cause a glut unless or until there is more capacity at the refineries and at our ports. Since the GOP routinely rejects funding for infrastructure, there is really no reason for these other pipelines.
Anonymous
05/13/2025 16:20
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:This was unexpected. What does DCUM have to say about this?
https://www.cnbc.com/2025/05/13/cpi-inflation-april-2025.html
I went to the grocery store last weekend and bought my normal groceries, didn't really pay attention to the prices because it was a normal grocery run and in my head I knew how much it would cost. Let me tell you how surprised I was when my groceries totaled, and I paid almost doubled from a month ago.
I don't care what the inflation numbers say because my grocery bills have doubled.
There’s no way your grocery bill doubled in one month.
Anonymous
05/13/2025 16:19
Subject: Re:April inflation lowest since 2021
Anonymous wrote:https://www.yahoo.com/finance/personal-finance/banking/article/april-inflation-breakdown-food-shelter-and-medical-care-pinch-consumers-wallets-181129182.html
Traveling is cheaper now because lots of foreigners don't want to come to the US, but also domestically, people are still wary of the economy.
But basic living expenses are still up: food, insurance, medical care..
The reports linked in this thread show that groceries and egg prices are down not up.
Obamacare fixed all insurance issues, we were told. He solved it.
Anonymous
05/13/2025 16:18
Subject: April inflation lowest since 2021
Anonymous wrote:It isn't all good news.
"However, economists warn it’s not a matter of if, but when, tariffs levied by President Donald Trump start to reignite inflation, at a time when it has nearly been tamed from pandemic-era highs.
“It felt like we could just about declare victory on putting inflation back in the bottle, and it’s back out again,” said Mark Zandi, chief economist at Moody’s.
He expects tariffs to start noticeably impacting inflation in the May CPI report issued next month.
“Soak this report in,” Zandi said. “It’ll be a while before we get another good one.”""
https://www.cnbc.com/2025/05/13/cpi-inflation-breakdown-april-2025-in-one-chart.html
These “experts” like JP Morgan have already retracted their predictions and they were wrong on the jobs reports too. They are consistently wrong when it comes to predicting anything positive out of Trump. It’s always in one direction.
Anonymous
05/13/2025 16:17
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:Biden killed the Keystone Pipeline on day 1, and went on a mission to further restrict energy development, to cheers from Democrats. Then as prices went sky-high, he drained the petroleum reserve, and Democrats pretended to be happy about lower prices and that Biden wasn't restricting anything.
Trump came in and expanded development, leading to lower energy prices. This will produce lower prices as these price drops kick in.
Pathetic lies.
Fact 1. KXL wasn't about producing gasoline, it was for refining tar sands oil (bitumen/heavy crude) for export. That kind of oil isn't used for producing gasoline, instead light sweet crude is, and KXL would have minimal impact on gas prices.
Fact 2. Domestic oil production rose to an all time high under Biden, higher even than any of the four years of Trump's first term in office.
These are both provable documented facts.
Tell us, did you hear these lies from some source you trust? If so, you need to ditch that source because it is spreading falsehoods. Or, did you come here thinking you could spread your own lies, insult our intelligence, and not be caught and called out for it? Because that obviously doesn't work for you, either. Do better.
Wake up. Keystone would have been operational starting in 2023 if Biden hadn’t nixed it, producing 830,000 barrels of crude per day. Ending it also negatively impacted future oil market expectations. He paused new oil and gas leases and impacted strict environmental controls all of which affected production and importantly, investment decisions.
Anonymous
05/13/2025 16:11
Subject: April inflation lowest since 2021
Anonymous wrote:Anonymous wrote:This was unexpected. What does DCUM have to say about this?
https://www.cnbc.com/2025/05/13/cpi-inflation-april-2025.html
I went to the grocery store last weekend and bought my normal groceries, didn't really pay attention to the prices because it was a normal grocery run and in my head I knew how much it would cost. Let me tell you how surprised I was when my groceries totaled, and I paid almost doubled from a month ago.
I don't care what the inflation numbers say because my grocery bills have doubled.
There's still inflation. It's just not as high as it has been. Corporations won't be lowering prices anytime soon because consumers are still wiling to pay that much for certain things like food.