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Getbig Main Boards => Gossip & Opinions => Topic started by: OneMoreRep on March 10, 2022, 06:22:06 AM
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February inflation numbers are in and the Consumer Price Index (CPI) rose to 7.9%. Back in January it was at 7.5%. This is the highest inflation has been in over 40 years.
For those not well versed on matters of inflation, the CPI measures the change in prices paid by consumers for goods and services, particularly highlighting the spending patterns of all urban consumers and urban wage earners and clerical workers (This is the official government definition). The "all urban" consumer group represents about 93 percent of the total U.S. population. It is based on the expenditures of almost all residents of urban or metropolitan areas, including professionals, the self-employed, the poor, the unemployed, and retired people, as well as urban wage earners and clerical workers.
Highlights from the US Department of Labor report regarding February 2022 CPI include:
The gasoline index rose 6.6 percent in February and accounted for almost a third of the all items monthly increase; other energy component indexes were mixed.
The food index rose 1.0 percent as the food at home index rose 1.4 percent; both were the largest monthly increases since April 2020.
So for those of you mentioning the alarming rise in cost of gasoline + food items in the supermarket, this is what the CPI is reflective of. It captures the average change in the prices of goods and services.
Keep in mind as an employee that just as the price of goods rise, so should the COST OF YOUR SERVICES. What you earn in terms of wages and salary should be rising as well, as what you get in the form of pay is merely the cost of your services and your wage/salary doesn't increase it isn't being reflective of inflationary cost of living. If your employers are failing to give you a raise, it means they are trying to save money. They raise the price the public pays for their goods/services in order to account for what their overhead increasing costs are. With that same increase to the price of their goods/services, they should also be increasing the compensation for your services as employees. Keep an eye out for this, as many people are not realizing the fuckery on hand.
Source: https://www.bls.gov/news.release/pdf/cpi.pdf (https://www.bls.gov/news.release/pdf/cpi.pdf)
"1"
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Biden FAIL is blaming Russia . . .
FU liberal pos !
>:( :( >:( :(
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trump - record breaking economy, energy independent and super-power
biden - record breaking inflation, killed us energy, shit-pants
::) ::) ::) ::)
pant-shitter and team needs to go down in epic plane crash
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Biden FAIL is blaming Russia . . .
FU liberal pos !
>:( :( >:( :(
Let me be clear, the rising price of oil/gas has VERY LITTLE to do with Russia and PRIMARILY is being affected by the alarming rates of inflation and supply chain disturbances.
Russia, as of just a few days back, was a supplier of oil to the USA. The major suppliers of oil to the USA were mostly Canada and Mexico, with Russia supplying a small but formidable amount. This recent alarming rise to gas prices is a direct result of inflation that has been creeping up over the last 2 years. It's the hidden tax that people don't like to talk about.
"1"
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Let me be clear, the rising price of oil/gas has VERY LITTLE to do with Russia and PRIMARILY is being affected by the alarming rates of inflation and supply chain disturbances.
Russia, as of just a few days back, was a supplier of oil to the USA. The major suppliers of oil to the USA were mostly Canada and Mexico, with Russia supplying a small but formidable amount. This recent alarming rise to gas prices is a direct result of inflation that has been creeping up over the last 2 years. It's the hidden tax that people don't like to talk about.
"1"
This has been an issue since early last year. Remember when Biden said it was "transitory" LOL!
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Inflation rose 7.9% in February, more than expected as price pressures intensified
CNBC ^ | March 10, 2022 | Jeff Cox
Posted on 3/10/2022, 8:45:41
Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched.
The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge.
The February acceleration was the fastest pace since January1982, back when the U.S. economy confronted the twin threat of higher inflation and reduced economic growth.
On a month-over-month basis, the CPI gain was 0.8%. Economists surveyed by Dow Jones had expected headline inflation to increase 7.8% for the year and 0.7% for the month.
Food prices rose 1% and food at home jumped 1.4%, both the fastest monthly gains since April 2020, in the early days of the Covid-19 pandemic.
Energy also was at the forefront of ballooning prices, up 3.5% for February and accounting for about one-third of the headline gain. Shelter costs, which account for about one-third of the CPI weighting, accelerated another 0.5%, for a 12-month gain of 4.7%.
(Excerpt) Read more at cnbc.com ...
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This has been an issue since early last year. Remember when Biden said it was "transitory" LOL!
My worry is that if we don't get the prices of gas under control, it could lead to civil unrest.
I see it from the perspective of supply chain disruptions involving truckers not being able to properly fill their gas tanks in order to deliver the food we purchase for consumption. I see it from the perspective of day laborers throughout the heartland of America that use their pickup trucks to get to and from work.
I see it from the perspective of the "average" person that has a job that hypothetically pays $15/hr. If the cost to fill their cars with gas continues to rise and the distance they have to drive to get to/from work is substantial enough (>15 miles), it might not make much sense to use their cars as they might not be able to break even over the course of days when you account for the fact that a third of what they make ($15/hr) is taxed, which brings it closer to real rate of $10/hr and then the fact that depending on what they have to spend on gas/day and food while at work, they might be getting paid more like $5/hr after all is said and done.
I fear that sooner or later, we could have a full blown revolution of some sort (might not be downright violence involved, but maybe government being overthrown).
"1"
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I get it
My worry is that if we don't get the prices of gas under control, it could lead to civil unrest.
I see it from the perspective of supply chain disruptions involving truckers not being able to properly fill their gas tanks in order to deliver the food we purchase for consumption. I see it from the perspective of day laborers throughout the heartland of America that use their pickup trucks to get to and from work.
I see it from the perspective of the "average" person that has a job that hypothetically pays $15/hr. If the cost to fill their cars with gas continues to rise and the distance they have to drive to get to/from work is substantial enough (>15 miles), it might not make much sense to use their cars as they might not be able to break even over the course of days when you account for the fact that a third of what they make ($15/hr) is taxed, which brings it closer to real rate of $10/hr and then the fact that depending on what they have to spend on gas/day and food while at work, they might be getting paid more like $5/hr after all is said and done.
I fear that sooner or later, we could have a full blown revolution of some sort (might not be downright violence involved, but maybe government being overthrown).
"1"
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trump - record breaking economy, energy independent and super-power
biden - record breaking inflation, killed us energy, shit-pants
::) ::) ::) ::)
pant-shitter and team needs to go down in epic plane crash
No confirmation Biden wears depend diapers
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"81 million" people voted for this.
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February inflation numbers are in and the Consumer Price Index (CPI) rose to 7.9%. Back in January it was at 7.5%. This the highest inflation has been in over 40 years.
For those not well versed on matters of inflation, the CPI measures the change in prices paid by consumers for goods and services, particularly highlighting the spending patterns of all urban consumers and urban wage earners and clerical workers (This is the official government definition). The "all urban" consumer group represents about 93 percent of the total U.S. population. It is based on the expenditures of almost all residents of urban or metropolitan areas, including professionals, the self-employed, the poor, the unemployed, and retired people, as well as urban wage earners and clerical workers.
Highlights from the US Department of Labor report regarding February 2022 CPI include:
The gasoline index rose 6.6 percent in February and accounted for almost a third of the all items monthly increase; other energy component indexes were mixed.
The food index rose 1.0 percent as the food at home index rose 1.4 percent; both were the largest monthly increases since April 2020.
So for those of you mentioning the alarming rise in cost of gasoline + food items in the supermarket, this is what the CPI is reflective of. It captures the average change in the prices of goods and services.
Keep in mind as an employee that just as the price of goods rise, so should the COST OF YOUR SERVICES. What you earn in terms of wages and salary should be rising as well, as what you get in the form of pay is merely the cost of your services and your wage/salary doesn't increase it isn't being reflective of inflationary cost of living. If your employers are failing to give you a raise, it means they are trying to save money. They raise the price the public pays for their goods/services in order to account for what their overhead increasing costs are. With that same increase to the price of their goods/services, they should also be increasing the compensation for your services as employees. Keep an eye out for this, as many people are not realizing the fuckery on hand.
"1"
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I don't believe either of those stats. I'm not bothering with doing the math, but since December here gas has gone from 2.89/gallon to 3.99/gallon as of yesterday.....up $.20 since the day b4 when I drove by the same gas station the day b4.....just off the top of my head that seems like way more than 6.6% overall. Even in January it was like 2.29-2.39 so if we're just talking month over month I think that's more than 6.6%. Your the CPA/math guy, so you tell me how that works out please? (Asking, not challenging you....I think gov't numbers are horseshit just like the SOTU speech saying we gained 3.5 million jobs..........NO, we didn't GAIN shit...we got those back)
As for food being 1.4%.....that is even more laughable. I buy meats in bulk and have a foodsaver and bags. I'm running low now. Last time I purchased chicken it was $1.99/lb, now $4.99, 80/20 beef was 1.99/lb now 3.99-4.99+ depending on where you go, top sirloin was 3.99-4.99 and now 9.99-10.99+. Everyone in our town gets a weekly mailer from all (used to be all) the grocery stores around our zip codes with their ads of their low prices, and would match each other if you brought them in. 3 of the top 4 regional chains have consolidated them into their best deals on two pages from the newspaper here that puts them out. So you only had to shop at one place. Now, I have to go online to check every place and no one price matches anymore. Fuck, even Neighborhood WalMart stop sending ads. All I get now is the aforementioned two page piece with one local supermarket, Aldi's, and Menard's (which I don't give a single fuck about)
Thanks for the informative (as always) post OMR, but they are lying their asses off to us once again.
I can't believe we have another 3 (maybe more if they cheat again) more years of this shitty, fucked up, avoiding, and bold faced lying) administration to go. The only reliable "journalists" are John Stossel..20/20 let him go for being too good and honest, Beck, the dude from Judicial Watch, that undercover company (can't remember the name as they have been shadow banned, and never come up on YT recommended anymore), Russell Brand or all people (a leftist actor who is red pilling himself), Rubin, Shapiro, Chad Prather, and a few others. All because people couldn't of covid being used as an excuse to corrupt the election via mail in ballots nationwide, Orange Man bad, and "mean tweats" AKA the hard truth from a President finally.
People these days are happier to be lied to than think critically so they can feel better about living their fake lives on social media, than they would be to know facts and deal with them. They and "we the people" all are suffering now because of it after only one year of their pussy ass "votes". I am pissed, and I have no idea what I or any of us can do about it. Government is just too big, powerful, and a corporate driven machine that can't be stopped.
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Let me be clear, the rising price of oil/gas has VERY LITTLE to do with Russia and PRIMARILY is being affected by the alarming rates of inflation and supply chain disturbances.
Russia, as of just a few days back, was a supplier of oil to the USA. The major suppliers of oil to the USA were mostly Canada and Mexico, with Russia supplying a small but formidable amount. This recent alarming rise to gas prices is a direct result of inflation that has been creeping up over the last 2 years. It's the hidden tax that people don't like to talk about.
"1"
Politefully disagree. It's gas is a direct result of Biden's first day cancelling Keystone, going down to half of drilling sites, stopping fracking, not signing new drilling permits, etc. which killed our energy independence that we had for the first time ever. I think you and I are around the same age. I know you live in NY which is higher, but I remember getting my first car at 17 and gas being $.99 - $1.29 until I was like 28-30 years old. We were headed back in that direction. If you watched the Full Send podcast with Trump we should have been been back down to that as he said we were actually paying countries like $36/barrel to take them off our hands as we had so much.
Now this fucking dipshit "in charge" is going to dig into our oil reserves which might be extremely necessary if we go to war so that he can claim he got a handle on things for a few fucking weeks, and people will forget for a short while.
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This has been an issue since early last year. Remember when Biden said it was "transitory" LOL!
^this
This was all REPEATEDLY predicted. Keep those Biden bucks coming.
Let's Go Brandon
LET'S GO BRANDON
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"81 million" people voted for this.
I’m convinced Biden and his fake administration were installed
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I don't believe either of those stats. I'm not bothering with doing the math, but since December here gas has gone from 2.89/gallon to 3.99/gallon as of yesterday.....up $.20 since the day b4 when I drove by the same gas station the day b4.....just off the top of my head that seems like way more than 6.6% overall. Even in January it was like 2.29-2.39 so if we're just talking month over month I think that's more than 6.6%. Your the CPA/math guy, so you tell me how that works out please? (Asking, not challenging you....I think gov't numbers are horseshit just like the SOTU speech saying we gained 3.5 million jobs..........NO, we didn't GAIN shit...we got those back)
Good question!
In a nutshell, that number I posted in my original post 7.9% is known as the consumer price index. The CPI measures the average change in prices compared to a base period. The change you see is indexed and also seasonally adjusted. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. These are national figures that are also seasonally adjusted.
So just to give relevance to your stated gasoline example where you said: "since December here gas has gone from 2.89/gallon to 3.99/gallon as of yesterday.....up $.20 since the day b4 when I drove by the same gas station the day b4.....just off the top of my head that seems like way more than 6.6% overall"
You're not wrong in your estimation, but you're also not accounting for the fact that we do not gauge the overall percentage of gas price increases based on the numbers from "your" local gas stations. The INDEX is based on national average over 75 distinct regions and is further adjusted for seasonal variability. So, what I am saying to you is that you're not wrong by your calculation, but you're also not right. It depends on how you look at the equation. Pictures speak louder than words, so let me show you how you are simultaneously right and wrong ;)
Here's an image captured from the US Department of Labor report on the new CPI from February 2022 - the exact chart can be found on page 2 of the report (https://www.bls.gov/news.release/pdf/cpi.pdf (https://www.bls.gov/news.release/pdf/cpi.pdf)):
(https://i.ibb.co/mS1xjdX/CPI.jpg)
Now look at the line title "Gasoline (all types)". The seasonally adjusted indexed change in gas prices were January 2022 (-0.8) to February 2022 (6.6). Now, if you look at the very last column titled "Unadjusted 12-mos ended Feb 2022" noticed how that change is more like 38%? That's what you're getting at when you tell me that from a price of $2.89/gallon to a price of $3.99/gallon your percentages seem more than 6.6. Well, that's because the exact increase is more like 38.0623% increase, which is what that chart tells you in that very last column.
I hope this adds some clarity to your inquiry.
"1"
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I buy the same sandwich daily - used to be 5.99 - now its 6.99. Do the math.
Good question!
In a nutshell, that number I posted in my original post 7.9% is known as the consumer price index. The CPI measures the average change in prices compared to a base period. The change you see is indexed and also seasonally adjusted. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. These are national figures that are also seasonally adjusted.
So just to give relevance to your stated gasoline example where you said: "since December here gas has gone from 2.89/gallon to 3.99/gallon as of yesterday.....up $.20 since the day b4 when I drove by the same gas station the day b4.....just off the top of my head that seems like way more than 6.6% overall"
You're not wrong in your estimation, but you're also not accounting for the fact that we do not gauge the overall percentage of gas price increases based on the numbers from your local gas stations. The INDEX is based on national average over 75 distinct regions and is further adjusted for seasonal variability. So, what I am saying to you is that you're not wrong by your calculation, but you're also not right. It depends on how you look at the equation. Pictures speak louder than words, so let me show you how you are simultaneously right and wrong ;)
Here's an image captured from the US Department of Labor report on the new CPI from February 2022 - the exact chart can be found on page 2 of the report (https://www.bls.gov/news.release/pdf/cpi.pdf (https://www.bls.gov/news.release/pdf/cpi.pdf)):
(https://i.ibb.co/mS1xjdX/CPI.jpg)
Now look at the line title "Gasoline (all types)". The seasonally adjusted indexed change in gas prices were January 2022 (-0.8) to February 2022 (6.6). Now, if you look at the very last column titled "Unadjusted 12-mos ended Feb 2022" noticed how that change is more like 38%? That's what you're getting at when you tell me that from a price of $2.89/gallon to a price of $3.99/gallon your percentages seem more than 6.6. Well, that's because the exact increase is more like 38.0623% increase, which is what that chart tells you.
I hope this adds some clarity to your inquiry.
"1"
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I buy the same sandwich daily - used to be 5.99 - now its 6.99. Do the math.
Now imagine spending 35 years of your life explaining to customers every single year how inflation works and what CPI is.
This has been my life as an accountant. Chaos, I prefer the #4 Buckshot if you decide to take me out of my misery.
"1"
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My worry is that if we don't get the prices of gas under control, it could lead to civil unrest.
I see it from the perspective of supply chain disruptions involving truckers not being able to properly fill their gas tanks in order to deliver the food we purchase for consumption. I see it from the perspective of day laborers throughout the heartland of America that use their pickup trucks to get to and from work.
I see it from the perspective of the "average" person that has a job that hypothetically pays $15/hr. If the cost to fill their cars with gas continues to rise and the distance they have to drive to get to/from work is substantial enough (>15 miles), it might not make much sense to use their cars as they might not be able to break even over the course of days when you account for the fact that a third of what they make ($15/hr) is taxed, which brings it closer to real rate of $10/hr and then the fact that depending on what they have to spend on gas/day and food while at work, they might be getting paid more like $5/hr after all is said and done.
I fear that sooner or later, we could have a full blown revolution of some sort (might not be downright violence involved, but maybe government being overthrown).
"1"
I laugh at the whole Jan 6th bullshit being an "insurrection". You want to see an insurrection....look at the pics of Al Qaeda with their feet up on the desk of the former leader of Afghanistan's desk with machine guns. Jan 6th was a protest that got out of control, and encouraged by one or more of our deep state agencies. It was assembled and people were marching there while Trump was STILL fucking speaking. The narrative that he, the Proud Boys, or white supremacist groups were the cause is total horseshit. There were more people there than the total number of people in white supremacist/militias in the US in total.
And even still, it was nothing like the "mostly peaceful" protests funded by Soros and BLM that we saw, and those aren't being investigated even though they attacked local governments, police, and burned down police stations and businesses. It's all horseshit. I can't believe my congressman voted for the investigation into it, and is on the committee, and that no one is challenging him in the primaries so far. He lives 10 minutes away from me, and he is never here. He is former military, so he gave an oath to this country twice now and is a complete liar/fucktard/traitor/I'm going to be a millionaire now RINO. I am not a public speaker, but if he gets a challenger, and actually comes back here to campaign I will go to the mic shaking with my social anxiety, and call him out on all of his bullshit. Same goes for my district's senator. Both are fucktards.
Who/where is Ray Epps and a few other FBI wanted or informants initially arrested? Why did the Capitol police open a door that could only be unlocked from the inside? Who was overtaken or killed? Oh yeah, Ashley Babbit....a girl at least 6 feet away from a door from which a still unnamed, unharmed, and uncharged even though she posed no threat to him. If she was black there would have been hell to pay, and it would still be on the news everyday still.....but she is never talked about. This is such a big thing, but they "can't"/ won't find the person that planted "bombs" at the DNC (I think it was) headquarters. ??? If our best intelligence agencies can't find one person planting two bombs, how the fuck can we trust them to know what China, Russia, Iran, etc. are doing? Or do they know it all and are planning it all out? My guess is the second.
I pray for a revolution. We do not need 535 people in office in DC considering all of the congress people we have in each state. Honestly, IMO there should only be the Senate. 2 reps for each state, a President and a VP is all we need since we have a Constitution with state's rights. We'd never see leftist/globalist agendas ever again if that was the case. America....Fuck Yeah!
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I laugh at the whole Jan 6th bullshit being an "insurrection". You want to see an insurrection....look at the pics of Al Qaeda with their feet up on the desk of the former leader of Afghanistan's desk with machine guns. Jan 6th was a protest that got out of control, and encouraged by one or more of our deep state agencies. It was assembled and people were marching there while Trump was STILL fucking speaking. The narrative that he, the Proud Boys, or white supremacist groups were the cause is total horseshit. There were more people there than the total number of people in white supremacist/militias in the US in total.
And even still, it was nothing like the "mostly peaceful" protests funded by Soros and BLM that we saw, and those aren't being investigated even though they attacked local governments, police, and burned down police stations and businesses. It's all horseshit. I can't believe my congressman voted for the investigation into it, and is on the committee, and that no one is challenging him in the primaries so far. He lives 10 minutes away from me, and he is never here. He is former military, so he gave an oath to this country twice now and is a complete liar/fucktard/traitor/I'm going to be a millionaire now RINO. I am not a public speaker, but if he gets a challenger, and actually comes back here to campaign I will go to the mic shaking with my social anxiety, and call him out on all of his bullshit. Same goes for my district's senator. Both are fucktards.
Who/where is Ray Epps and a few other FBI wanted or informants initially arrested? Why did the Capitol police open a door that could only be unlocked from the inside? Who was overtaken or killed? Oh yeah, Ashley Babbit....a girl at least 6 feet away from a door from which a still unnamed, unharmed, and uncharged even though she posed no threat to him. If she was black there would have been hell to pay, and it would still be on the news everyday still.....but she is never talked about. This is such a big thing, but they "can't"/ won't find the person that planted "bombs" at the DNC (I think it was) headquarters. ??? If our best intelligence agencies can't find one person planting two bombs, how the fuck can we trust them to know what China, Russia, Iran, etc. are doing? Or do they know it all and are planning it all out? My guess is the second.
I pray for a revolution. We do not need 535 people in office in DC considering all of the congress people we have in each state. Honestly, IMO there should only be the Senate. 2 reps for each state, a President and a VP is all we need since we have a Constitution with state's rights. We'd never see leftist/globalist agendas ever again if that was the case. America....Fuck Yeah!
The thing is though, I don't think this is so much a LEFT vs RIGHT thing. This is the narrative that the American system wants their citizens to believe. I believe firmly that America is a socioeconomic experiment in the evolution of capitalism towards some other economic system.
I believe special interest groups put these puppets (Trump and/or Biden or Obama) in power. I think these figureheads have very little power in Washington, or at least not as much as people presume. As you know, a President is essentially a paper tiger unless the legislative and judicial branches are behind them. Presidents have bills to pay to their handlers by way of favors and executive orders that facilitate the agenda of their campaign investors. Moreover, I think that what rules this world is money. If you want to have sight beyond sight and see what is coming next, look to the rulers of this world. Start with BlackRock for instance, evaluate what the G7 summits have put out, look at powerhouses like Ray Dalio and also follow carefully what George Soros invests in. Then consider what Bill Gates is slowly moving towards, as well as Elon Musk and Jeff Bezos. We (the people) are too small to matter. We are an excess of reproduction that is leading to unsustainable population levels which can drastically bleed the earth of its scarce resources. We are, unfortunately, in the way of what those that control the world want.
Anyway, I went far too deep down the rabbit hole and I apologize.
"1"
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Now imagine spending 35 years of your life explaining to customers every single year how inflation works and what CPI is.
This has been my life as an accountant. Chaos, I prefer the #4 Buckshot if you decide to take me out of my misery.
"1"
You'd die a slow and painful lead poisoning death with #4. 00 would be a better choice ;)
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"81 million" people voted for this.
From Wikipedia....https://www.britannica.com/topic/United-States-Presidential-Election-Results-1788863
1976
U.S. presidential election, 1976
Jimmy Carter Democratic 297 40,825,839 50.0
Gerald R. Ford Republican 240 39,147,770 48.0
Ronald W. Reagan not a candidate 1
1980
U.S. presidential election, 1980
Ronald W. Reagan Republican 489 43,642,639 50.4
Jimmy Carter Democratic 49 35,480,948 41.0
John B. Anderson Independent 5,719,437 6.6
1984
U.S. presidential election, 1984
Ronald W. Reagan Republican 525 54,455,075 58.8
Walter F. Mondale Democratic 13 37,577,185 40.6
1988
U.S. presidential election, 1988
George H.W. Bush Republican 426 48,886,097 53.4
Michael S. Dukakis Democratic 111 41,809,074 45.7
Lloyd Bentsen not a candidate 1
1992
U.S. presidential election, 1992
Bill Clinton Democratic 370 44,909,889 43.0
George Bush Republican 168 39,104,545 37.4
Ross Perot Independent 19,742,267 18.9
1996
U.S. presidential election, 1996
Bill Clinton Democratic 379 47,402,357 49.2
Bob Dole Republican 159 39,198,755 40.7
Ross Perot Reform 8,085,402 8.4
2000
U.S. presidential election, 2000
George W. Bush Republican 271 50,456,002 47.9
Al Gore Democratic 26610 50,999,897 48.4
Ralph Nader Green 2,882,955 2.7
2004
U.S. presidential election, 2004
George W. Bush Republican 286 62,028,285 50.7
John Kerry Democratic 251 59,028,109 48.3
John Edwards not a candidate 1
2008
U.S. presidential election, 2008
Barack Obama Democratic 365 69,456,000 52.9
John McCain Republican 173 59,934,000 45.7
2012
U.S. presidential election, 2012
Barack Obama Democratic 332 65,446,032 50.9
Mitt Romney Republican 206 60,589,084 47.1
2016
U.S. presidential election, 2016
Donald Trump Republican 304 62,979,636 46.0
Hillary Clinton Democratic 227 65,844,610 48.1
Colin Powell not a candidate 3
Bernie Sanders not a candidate 1
John Kasich not a candidate 1
Ron Paul not a candidate 1
Faith Spotted Eagle not a candidate 1
2020
U.S. presidential election, 2020
Joe Biden Democratic 306 81,268,924 51.3
Donald Trump Republican 232 74,216,154 46.9
What a fucking joke right?
So from Wiki what I see is that from 1976 to 2020 we went from around 100 million people voting to over 155 million people voting, and just from 2016 to 2020 127 million to that 155 million.........but NO SHENANIGANS at all people. ;) AND Biden, one of the most inept, unintelligent, uninspiring, racist, and corrupt politicians ever, who rode on the coat tails of the first black president to gain a step up got roughly 12 million more votes than him while the polls showed that more blacks and hispanics than ever voted for Republican Trump in 2020 vs his 2016 campaign which already had higher support for him. But we aren't digging into this, mostly peaceful protests, a VP who started a Go fund me to get rioters out of jail, Afghanistan withdrawal, Babbit's executer, the media wrongfully attacking and paying out the Covington and Kenosha kids, Pelosi and others financial dealings, AOC and that girl from Somalia's political fundings and their misuse of it........, but we are still talking Orange Man bad and Jan 6th.......SERIOUSLY......WTF?
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You'd die a slow and painful lead poisoning death with #4. 00 would be a better choice ;)
You're right! The other day I was playing with #4 at an outside range and targets looked like hula hoops afterwards.
00 is practically 9 bullets from a 9mm handgun. I guess a damn slug would really end the show quick.
"1"
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libtards are braindead
butt hurt over mean tweets and abrasive personality ::)
biden is more abrasive and dismissive as anyone, senile old kvnt
bite off nose to spite face
sensitive flamers
must suck when the guy you hate, who takes up all your little-head real estate, owns the fukk out of you daily.
$7 gas under Joe Biden and his Socialist Regime
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Good question!
In a nutshell, that number I posted in my original post 7.9% is known as the consumer price index. The CPI measures the average change in prices compared to a base period. The change you see is indexed and also seasonally adjusted. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. These are national figures that are also seasonally adjusted.
So just to give relevance to your stated gasoline example where you said: "since December here gas has gone from 2.89/gallon to 3.99/gallon as of yesterday.....up $.20 since the day b4 when I drove by the same gas station the day b4.....just off the top of my head that seems like way more than 6.6% overall"
Thanks for posting that, and you are much better than math than me, as well as much more versed in politics/finance.........ok, fuck it. You're smarter than I am by a lot OMR. I am just a common sense type person who looks deeper than most citizens it seems. I've seen the last couple of Psaki's conferences, and others in the administration on CNN and Fox YT clips, and watch them with all the "ummm....ahhhhs,", talking in circles, contradicting things they've said in the past, and just obviously FLAT OUT LYING....and I just think "wow, they think we are total idiots". And then I think about how Biden "won" his way into office, and think "oh yeah, that's because we are".
Anyway, short story long, my point is, I don't get how it's 7.9% when housing, cars, and gas are so much higher. And, as I pointed out unless someone is a vegetarian food is up much more than that 7.9% as well. My knee is fucked up really bad so I have a hard time standing to cook even with my walker or cane, so I have been living on protein shakes and either Healthy Choice or Banquet Bowls that are high in protein. They were $2.50 or buy 5 for $10 every week at one of the grocery stores here. Now they are $3.49-3.79 depending on where you go...again stores no longer sending out ads or matching prices. So again, not great at math, but that seems to be more than 7.9% to me. Shit even packaged salad/lettuce has gone up about $.30, and everything else that is in plastic is going to go up to. Chad Prather is a comedian, so I don't know if he was joking or not on last night's show, but he said that he read they are predicting toothpaste will be around $10 in the next year at this rate.
As for things like
You're not wrong in your estimation, but you're also not accounting for the fact that we do not gauge the overall percentage of gas price increases based on the numbers from "your" local gas stations. The INDEX is based on national average over 75 distinct regions and is further adjusted for seasonal variability. So, what I am saying to you is that you're not wrong by your calculation, but you're also not right. It depends on how you look at the equation. Pictures speak louder than words, so let me show you how you are simultaneously right and wrong ;)
Here's an image captured from the US Department of Labor report on the new CPI from February 2022 - the exact chart can be found on page 2 of the report (https://www.bls.gov/news.release/pdf/cpi.pdf (https://www.bls.gov/news.release/pdf/cpi.pdf)):
(https://i.ibb.co/mS1xjdX/CPI.jpg)
Now look at the line title "Gasoline (all types)". The seasonally adjusted indexed change in gas prices were January 2022 (-0.8) to February 2022 (6.6). Now, if you look at the very last column titled "Unadjusted 12-mos ended Feb 2022" noticed how that change is more like 38%? That's what you're getting at when you tell me that from a price of $2.89/gallon to a price of $3.99/gallon your percentages seem more than 6.6. Well, that's because the exact increase is more like 38.0623% increase, which is what that chart tells you in that very last column.
I hope this adds some clarity to your inquiry.
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Thanks for posting that, and you are much better than math than me, as well as much more versed in politics/finance.........ok, fuck it. You're smarter than I am by a lot OMR. I am just a common sense type person who looks deeper than most citizens it seems. I've seen the last couple of Psaki's conferences, and others in the administration on CNN and Fox YT clips, and watch them with all the "ummm....ahhhhs,", talking in circles, contradicting things they've said in the past, and just obviously FLAT OUT LYING....and I just think "wow, they think we are total idiots". And then I think about how Biden "won" his way into office, and think "oh yeah, that's because we are".
Anyway, short story long, my point is, I don't get how it's 7.9% when housing, cars, and gas are so much higher. And, as I pointed out unless someone is a vegetarian food is up much more than that 7.9% as well. My knee is fucked up really bad so I have a hard time standing to cook even with my walker or cane, so I have been living on protein shakes and either Healthy Choice or Banquet Bowls that are high in protein. They were $2.50 or buy 5 for $10 every week at one of the grocery stores here. Now they are $3.49-3.79 depending on where you go...again stores no longer sending out ads or matching prices. So again, not great at math, but that seems to be more than 7.9% to me. Shit even packaged salad/lettuce has gone up about $.30, and everything else that is in plastic is going to go up to. Chad Prather is a comedian, so I don't know if he was joking or not on last night's show, but he said that he read they are predicting toothpaste will be around $10 in the next year at this rate.
As for things like apparel, yes they are lower, but do regular people buy new shoes, clothes, etc. every month? I know my family didn't/doesn't. Shit, the only new clothing I've bought in the last two years are a few of pairs of those non-slip socks I had to pay for during ER visits and my surgeries. ;D :'(
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My worry is that if we don't get the prices of gas under control, it could lead to civil unrest.
I see it from the perspective of supply chain disruptions involving truckers not being able to properly fill their gas tanks in order to deliver the food we purchase for consumption. I see it from the perspective of day laborers throughout the heartland of America that use their pickup trucks to get to and from work.
I see it from the perspective of the "average" person that has a job that hypothetically pays $15/hr. If the cost to fill their cars with gas continues to rise and the distance they have to drive to get to/from work is substantial enough (>15 miles), it might not make much sense to use their cars as they might not be able to break even over the course of days when you account for the fact that a third of what they make ($15/hr) is taxed, which brings it closer to real rate of $10/hr and then the fact that depending on what they have to spend on gas/day and food while at work, they might be getting paid more like $5/hr after all is said and done.
I fear that sooner or later, we could have a full blown revolution of some sort (might not be downright violence involved, but maybe government being overthrown).
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On paper this seems logical but remember we are just coming out of a 6 month lockdown. People didn’t do much protesting and the groups that did were “fighting” for civil rights.
The American public is confused and looking to the government for answers and direction.
We are brainwashed to believe our media. Remember the “insurrection”, that was painted as if it were a violent attack on America but the other protests that involved looting, burning down of public buildings and takeovers were considered peaceful.
I’ve said for a longtime now that if we had a modem day “Boston tea party” moment the media would paint those revolutionaries as lunatics.
Major uprisings (from common citizens, trash will always behave accordingly) are as likely as Bhanks fighting anyone from Getbig.
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The thing is though, I don't think this is so much a LEFT vs RIGHT thing. This is the narrative that the American system wants their citizens to believe. I believe firmly that America is a socioeconomic experiment in the evolution of capitalism towards some other economic system.
I believe special interest groups put these puppets (Trump and/or Biden or Obama) in power. I think these figureheads have very little power in Washington, or at least not as much as people presume. As you know, a President is essentially a paper tiger unless the legislative and judicial branches are behind them. Presidents have bills to pay to their handlers by way of favors and executive orders that facilitate the agenda of their campaign investors. Moreover, I think that what rules this world is money. If you want to have sight beyond sight and see what is coming next, look to the rulers of this world. Start with BlackRock for instance, evaluate what the G7 summits have put out, look at powerhouses like Ray Dalio and also follow carefully what George Soros invests in. Then consider what Bill Gates is slowly moving towards, as well as Elon Musk and Jeff Bezos. We (the people) are too small to matter. We are an excess of reproduction that is leading to unsustainable population levels which can drastically bleed the earth of its scarce resources. We are, unfortunately, in the way of what those that control the world want.
Anyway, I went far too deep down the rabbit hole and I apologize.
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No you didn't, and as long as my posts are me and Matt should be the last people on here you ever need to apologize to for going down a "rabbit hole" or a long post. LOL!
I agree with everything you said except for 2 things. 1) I don't think Trump was inserted or was a puppet of any kind. I think 2016 was the last fair and true election we had/might ever will have had, and that he through a monkey wrench in their whole agenda slowing them down. That's why things have escalated so much in only one year "under Biden's term" 2) You left out Buffet and Klaus/Davos or Devos....whatever the hell that group is called.
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^this
This was all REPEATEDLY predicted. Keep those Biden bucks coming.
Let's Go Brandon
LET'S GO BRANDON
Dude has been right about everything he said, because he understands business and YES he knows how the system works and how to work it. That's why I fucking voted for him. I don't give a shit about his tweets...I don't even have any social media presence other than here if you consider this social media.
Biden is clueless, and has not only accomplished nothing, but destroyed what was literally gifted to him on a silver platter and completely fucked it up in new ways. Only someone who has been in office since around Carter's time could bring us back to the shitstorm that happened while he was Prez.
Gas shortage coming soon!
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Trump and russias fault Biden is best president ever look at the 1 year results
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Now imagine spending 35 years of your life explaining to customers every single year how inflation works and what CPI is.
This has been my life as an accountant. Chaos, I prefer the #4 Buckshot if you decide to take me out of my misery.
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LMAO! I honestly feel for you having to explain things 2-3 times to people. I had to use a CPA 2 years when I did outside sales, and I wondered how he kept from sighing out loud, his brain exploding, or him just saying "just get the fuck out" when I would re-word the same question trying to understand what I could write off. ;D On the plus side you guys make good money, especially if you are on your own, and you have some down time. I don't know how you even have time to post on here during tax time?
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libtards are braindead
butt hurt over mean tweets and abrasive personality ::)
biden is more abrasive and dismissive as anyone, senile old kvnt
bite off nose to spite face
sensitive flamers
must suck when the guy you hate, who takes up all your little-head real estate, owns the fukk out of you daily.
$7 gas under Joe Biden and his Socialist Regime
Good clip, and I love this channel as well as their other one Sports wars. I don't have a YT/Google acct, cuz I refuse to give them my phone #. Mail.com is the way to go. Anyway, I concur with his thoughts and have wondered, how the fuck are people like me on disability, poor, or on welfare legit, or kids in college working pt jobs for 12 bucks an hour going to afford a $60K+ car? And if EV's do get to where the left wants them, why don't they understand home electricity will go through the fucking roof because the demand for coal will go up at insane amount. Plus the vids I've watched on EV's show a conflicting type of chargers at stations....in other words you can/can't charge a Tesla at one place, and you can/can't charge another type of EV at another......and it costs roughly the same. We only have 2 places that I know of here to charge. They are both a gallon of gas away from me, which from what I assume from what I've watched is the equivalent cost-wise to driving an EV to charge, and it takes like 30 fucking minutes vs. 5 to fill an almost empty tank. What if you are in a rush to work....have to get to the dr....or God forbid to the ER? Who the fuck has time for that in our fast paced world, and how is this saving the planet? Covid was a short scam, but this whole climate change shit is the longest running scam ever "fueled" by people flying private jets, and presidents flying AF1 and 2 along with fighter planes flanking them. Same thing with the prez's helocopters. Flanked by fighter jets, and more than one copter so hostile's don't know which one to target.
Obuma came here once for a nothing visit to a teacher. I knew where he was based on the "live" feed (it's actually 10 minutes behind for safety), so based on where he was going I knew he would be coming down a highway 3 blocks from me. I hate that fucking dude, but wanted to see what a motorcade looks like. I counted 15 vehicles that were obviously fed, and every street (4) had at least two cop/sheriff vehicles barricading them until he passed. "Save the planet".....as bhanky would say....GTFOH! Between flying the fed vehicles, AF1 and 2, fighter jets, city logistics, popo, and sheriffs vehicles and wages, I would guess that it cost around $3 million dollars for him to come here to thank some libtard teacher over some bullshit letter "she wrote" him about how great he was, and to give a speech that meant nothing as he was in his second term, and no one knew who was going to be the candidate on either side at the time.
Also, the part he mentioned about how wind is true, but living in the midwest and being on the road for two years doing sales seeing broken ones only 10 years in shows they are not sustainable. They are made in China, brought here on ships using diesel fuel, and then trucked using diesel fuel one to 2 pieces at a time + a front and rear "wide load" car in the line up.....total of about 6-8 vehichles....mostly semi's ....how is that saving the planet.
What I really love most about these two guys and their channels is that the cover everything. Politics, mostly sports, "celebs",etc. and call out bullshit. The real brilliance of Matrixx and Rhodes is how they decide to cover shit. Matrixx covers all the minority shit, and Rhodes covers other things....other than him calling Lebron LeChina, which is more poliitcal. When they do duo casts they stick to that, so really no one can ever touch them other than calling Matrixx an uncle Tom which like Tatum, he can handle it.
Didn't know anyone else on here was watching them til now. Glad they are catching on!
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"Let them eat cake."
(https://media1.tenor.com/images/7ce6c5082f947958b86876b65160c83e/tenor.gif?itemid=13767075)
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I'm not an economics guy but I figure all the free money that gets thrown around leads to inflation.
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I'm not an economics guy but I figure all the free money that gets thrown around leads to inflation.
You don't have an economics degree like AOC so your opinion doesn't count.
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When gasoline hits $8 per gallon this entire thing will come apart. Chaos. Real chaos, not that bullshit manufactured Covid chaos.
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Don’t forget CPI is a lagging indicator.
So just like when covid started and the mongs on here claimed hyperinflation in month 1 and failure of currency by end of 2020, we are already 3 months into the deflationary event. you just don’t feel it yet
It’s taken 2yrs to go from -2% CPI to 7.9% CPI.
The target is 2% by year end which is pretty much 8 months away. To get that low so quick the Fed isn’t going to backstop where people think they will. Demand will be sucked the fuck out of everything and shit simply won’t be cheap nor will you find most things on the shelves (per my thread).
Deflationary event started in December and it all depends on if this war is solvable or whether the US escalates it.
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Don’t forget CPI is a lagging indicator.
So just like when covid started and the mongs on here claimed hyperinflation in month 1 and failure of currency by end of 2020, we are already 3 months into the deflationary event. you just don’t feel it yet
It’s taken 2yrs to go from -2% CPI to 7.9% CPI.
The target is 2% by year end which is pretty much 8 months away. To get that low so quick the Fed isn’t going to backstop where people think they will. Demand will be sucked the fuck out of everything and shit simply won’t be cheap nor will you find most things on the shelves (per my thread).
Deflationary event started in December and it all depends on if this war is solvable or whether the US escalates it.
except War is Inflationary
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except War is Inflationary
Stop the drool from your 120 IQ.
Deflationary event before inflationary policy/outcome.
You wouldn’t have 7.9% CPI without the pandemic.
Saying the world will end and claiming victory 3B years later is pretty 120 IQ because you miss the shit that happens before it.
Look at the charts since December - how is that not deflationary? . War today is deflationary right now as sanctions are a wrecking ball on demand. Nobody out there right now buying more shit today than 2yrs ago. You will get 2% CPI in 8 months and be a wrecked pleb who doesn’t buy shit……AFTER that happens you will be begging for stimmy bucks and be burned alive by inflation all over again.
We either see more/increased sanctions in energy to fuck everybody up or we see rate rises or we see both. The Fed is not backstopping anything right now and people are gunna end up wrecked to the eyeballs. The best policy is to wait it out until we see the Fed open the warchest and start pumping stimmy out.
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let us see what the inflation rate is next year around may, when we have had the series of US rate hikes, which they have announced.