American Politics

[QUOTE=AxelHeyst;2660665]Trump policies raised wages, grew the economy, and there was no inflation to speak of hence real wages rose and the American people were better off than under the previous administration. That is called prosperity.

One year of dumbass Biden policies and the US has the highest rate of inflation since Jimmy Carter. Wages have risen too, but not as much as inflation hence real wages have declined under Biden and the American people are much worse off AND THEY KNOW IT! Rising wages are not the problem. Dumping trillions of dollars into the economy, shutting down the Keystone pipeline, and over regulating oil and petrochemical industry is the root cause. It is all on Biden.

Furthermore, US Economic conditions are only going to get worse over the next 3 years while Biden eats his ice cream cones and takes long afternoon naps in the White House. Just wait until the Fed begins to raise interest rates! Fasten your seat belts. It's going to be a wild ride: Historians will call the next 3 years Jimmy Carter Part Deux.[/QUOTE]Where did you get that "highest rate of inflation since Jimmy Carter" bit?

Carter wasn't president in 1983. Without even doing a Google Search, I can assure you 1983 was Ronnie Reagan's 3rd year as president:

[B]"Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983"[/B]

[URL]https://www.cnbc.com/amp/2022/01/28/key-fed-inflation-gauge-rises-4point9percent-from-a-year-ago-fastest-gain-since-1983.html[/URL]

Oh, I can also assure you wages under Reagan's policies were not rising as much in 1983 as they have under Biden.

You know how I know that? Because 1983, Reagan's 3rd year in office, was still racking up 10%+ monthly Unemployment Rates thanks to Reagan's lambrain Repub argument economic policies and idiotic stewardship. And that is not compatible with rising American wages.

[QUOTE=AxelHeyst;2660829]"With inflation at 7%, the highest rate since 1982, and the Federal Reserve set to tighten monetary policy, you would think the president and Congress would be looking for ways to end the spending spree in Washington. Yet remarkably, bipartisan discussions abound to increase this year's omnibus appropriations by 16%almost a quarter of a trillion dollarspass another round of Covid stimulus, and resurrect the $1. 7 trillion Build Back Better bill. It is hard to recall a greater disconnect between economic reality and public policy in American history.

This inflation has been driven by an explosion of federal spending, which was set to average 20% of gross domestic product in 2020 and 2021. Instead it doubled to 40% of GDP in a 12-month period as pandemic spending exploded. The multiple stimulus bills did more than fill the gap in aggregate demand. Spending surged as the pandemic shutdown reduced employment and production during that period by an average of 7%. In this textbook case of inflation, $1. 20 of income began chasing 93 cents of goods and services, a process greased by expansive monetary policy, and that mismatch sent inflation to a 40-year high.

Checking-account balances are still 350% of their pre-pandemic level. Of the $5. 8 trillion in total Covid stimulus approved by Congress, some $400 billion has yet to be spent. Massive state surpluses have emerged from federal grants. All states combined are sitting on $113 billion in ready cash. Median household real wealth has surged by $27 trillion since the pandemic began, generating a potentially massive wealth effect on consumption.

The producer price index, a key driver of consumer prices, rose 9. 7% in 2021, while import prices, usually a moderator of inflation, rose 10.4%. And 75% of the 17% rise in housing costs last year has yet to show up in consumer prices because rental leases cause shelter costs to lag behind increases in housing costs. Shelter costs make up a third of the consumer price index.[/QUOTE][URL]https://amgreatness.com/2022/02/07/what-to-do-with-the-left-after-their-coming-spanking/[/URL]

[QUOTE=PVMonger;2659860]And yet, with your Master's Degree and your well-compensated-more-than-six-figure job at a top financial company, you still would recommend that a client should take FUX "News" (with 3 MM viewers) free commercial placement over CBS News' same offer (with 5 MM viewers) because 3 million is greater than 5 million?

Somebody is ripping off the company for which you work and I think it is you. Anybody who believes that 3 million is greater than 5 million isn't worthy of a 3rd grade graduation certificate, much less a Masters Degree. And a 6-figure salary? ROFL.[/QUOTE]I used to think highly of the education systems in the state California.

But this self-proclaimed product of that educational system has me realizing that some students can fake it and graduate.

3 million viewers are greater than five million? Really Cali Guy?

Delusions that poster has that I went and wrote about going to school in San Diego? Where did you pull that out of Cali Guy?

He has not demonstrated acceptable reading comprehension that any on my fellow instructors would have found acceptable.

[QUOTE=EihTooms;2660954]Where did you get that "highest rate of inflation since Jimmy Carter" bit?

Carter wasn't president in 1983. Without even doing a Google Search, I can assure you 1983 was Ronnie Reagan's 3rd year as president:

[B]"Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983"[/B]

[URL]https://www.cnbc.com/amp/2022/01/28/key-fed-inflation-gauge-rises-4point9percent-from-a-year-ago-fastest-gain-since-1983.html[/URL]

Oh, I can also assure you wages under Reagan's policies were not rising as much in 1983 as they have under Biden.

You know how I know that? Because 1983, Reagan's 3rd year in office, was still racking up 10%+ monthly Unemployment Rates thanks to Reagan's lambrain Repub argument economic policies and idiotic stewardship. And that is not compatible with rising American wages.[/QUOTE]Not a gotcha moment ET Although your knowledge of the Carter Reagan years is a little sketchy. I merely quoted from the WSJ Opinion piece.

Reagan ran against Carter in 1980. He took the oath of office in January 1981.

Year Annual.

1982 6.131%.

1981 10.335%.

1980 13.549%.

1979 11.254%.

1978 7.631%.

1977 6.502%.

1976 5.745.

[QUOTE=EihTooms;2660954]Where did you get that "highest rate of inflation since Jimmy Carter" bit?
[/QUOTE]Please ignore my previous response to you. It was sent off by accident before I could finish it. This is what I intended to post.

The data is available from the Federal Reserve.

Here it is. I know it is hard to read when copied into ISG, but pay close attention to the last column which is the annual rate of inflation. I have included 1976 rate of inflation as a benchmark (the last rate under Ford) to show what Carter did in his disastrous 4 year term. So when Ford left office the Dec 1976 rate was December rate 4. 3865% and the 1976 annual rate was 5. 745%. When Jimmy left office the December, 1980 monthly rate was 12.516% and the annual 1980 rate of inflation was 13.549%. Clearly Carter was unable to deal with the problem. Just look at the data. But living through it was even worse for most Americans.

Reagan came into office in January 1981. Inflation raged throughout 1981 as he and Paul Volcker, head of the Fed, tried to get a grip on it. Finally, by December, 1982 inflation was beaten, but it took a recession to do it. The Dec, 1982 monthly rate was 3. 830% and the annual 1982 rate was 6. 131% showing the rate was in decline during 1981. I have included the rate of inflation for Reagan's entire term in office to prove that 1982 was not a fluke. Reagan had really tamed inflation and it remained under control from November, 1982 until Joe Biden became President.

You can really see the difference between 2020 Trump inflation data and 2021 Biden Inflation data. Yes, the USA has not seen an explosion in the rate of inflation like this since Carter was in office and the scary thing is that this is just Biden's 1st year in office. We have 3 more years of this guy. Most unbiased economists are predicting inflation will continue to rise. But we shall see about that.

So here is the data:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual.

1988 4. 047% 3. 943% 3. 925% 3. 904% 3. 890% 3. 965% 4. 130% 4. 021% 4. 174% 4. 250% 4. 246% 4. 419% 4. 078%.

1987 1. 460% 2. 104% 3. 033% 3. 775% 3. 857% 3. 653% 3. 927% 4. 284% 4. 356% 4. 533% 4. 529% 4. 434% 3. 665%.

1986 3. 886% 3. 113% 2. 256% 1. 590% 1. 491% 1. 766% 1. 577% 1. 574% 1. 754% 1. 472% 1. 284% 1. 098% 1. 898%.

1985 3. 533% 3. 516% 3. 704% 3. 686% 3. 772% 3. 761% 3. 554% 3. 349% 3. 143% 3. 229% 3. 514% 3. 799% 3. 546%.

1984 4. 192% 4. 597% 4. 801% 4. 564% 4. 234% 4. 221% 4. 204% 4. 291% 4. 270% 4. 257% 4. 051% 3. 949% 4. 301%.

1983 3. 712% 3. 488% 3. 598% 3. 899% 3. 549% 2. 577% 2. 462% 2. 559% 2. 860% 2. 851% 3. 265% 3. 791% 3. 212%.

1982 8. 391% 7. 622% 6. 780% 6. 510% 6. 682% 7. 064% 6. 441% 5. 850% 5. 043% 5. 139% 4. 589% 3. 830% 6. 131%.

1981 11.825% 11.407% 10.487% 10.000% 9. 780% 9. 553% 10.762% 10.804% 10.952% 10.142% 9. 591% 8. 922% 10.335%.

1980 13.909% 14.182% 14.756% 14.731% 14.406% 14.385% 13.133% 12.873% 12.601% 12.766% 12.648% 12.516% 13.549%.

1979 9. 280% 9. 857% 10.095% 10.485% 10.853% 10.890% 11.263% 11.818% 12.180% 12.072% 12.611% 13.294% 11.254%.

1978 6. 838% 6. 430% 6. 555% 6. 500% 6. 965% 7. 414% 7. 705% 7. 843% 8. 306% 8. 929% 8. 885% 9. 018% 7.631%.

1977 5.216% 5. 914% 6. 440% 6. 952% 6. 726% 6. 866% 6. 830% 6. 620% 6. 597% 6. 390% 6. 724% 6. 701% 6. 502%.

1976 6.718% 6. 286% 6. 072% 6. 049% 6. 203% 5. 970% 5. 351% 5. 709% 5. 495% 5. 464% 4. 882% 4. 865% 5.745%.

2021 1.400% 1. 676% 2. 620% 4. 160% 4. 993% 5. 391% 5. 365% 5. 251% 5. 390% 6. 222% 6. 809% 7. 036% 4.698%.

2020 2. 487% 2. 335% 1. 539% 0. 329% 0. 118% 0. 646% 0. 986% 1. 310% 1. 371% 1. 182% 1. 175% 1. 362% 1.234%.

[QUOTE=Canada;2556900]MARICOPA COUNTY, AZ:After several people involved in the counting of the votes have claimed voter fraud in the election Republicans are trying to do a recount which they are entitled to. The democrats are trying to block it in every way. Letters to the editor in local newspapers today are demanding that they do not do a recount. I know several people on this site don't want a recount or investigation either. If I was accused of wrongdoing and had done nothing wrong I would welcome an audit and prove my innocence. Why are the democrats trying to block this if they are innocent or if there is no wrong doing. Why is it when democrats are accused of anything they don't want to be investigated? They are scared the truth will come out. Only a guilty party would refuse evidence. If there was no fraud then just let them recount. If there was fraud keep fighting the recount.[/QUOTE]Canada had a response to this blithering nonsense. Canada wrote:

[QUOTE=Canada;2660867]As a matter of fact they did find irregular voting practices in Maricopa County that affected the votes. The democrat secretary of state admitted that a few thousand votes for Biden and democrats were not legal votes but they believed the people at the voting sites didn't understand the rules. They said they just weren't trained properly and it was not done intentionally. Yeh right![/QUOTE]I noticed that Canada did not provide a link confirming his assertion.

In the 2020 presidential election there were 2.1 million votes cast in Maricopa County.

And almost as many audits.

Joe Biden won Maricopa County by more than 45,000 votes. Maricopa is a blue county in a red state.

There were a lot of audits and recounts, so it helps to know were this, ahem "admission" exists that thousands of illegal votes were counted. What Canada asserted did not match real news coverage I saw and read at the time. Their audits and recounts were a running story for more than half a year.

I used google to research, and found nothing like what Canada asserts. I look forward to seeing who his sources are. Yea baby.

Per state law, after presidential elections in Arizona, a multiparty audit board must conduct a hand count of ballots from a sample of randomly selected voting precincts and compare them with the results from voting machines. The hand counts in Arizona's most populous county, home to Phoenix, started the Saturday after the election and wrapped up two days later. Not a single discrepancy was found.

I think a few audits and recounts down the road, we got to the legendary long long Cyber Ninja audit.

Those Rookie Cyber Nijas were a bunch of republican hacks hired to do a six-week recount.

But once they got hidden access to the actual ballots.

They couldn't stop ejaculating all over the Dirty Democrat Votes.

And delayed the audit party enough to run it for more than four months.

The Ninja's audit report (September 2001) raised around 40 claims, but the few that involved a significant number of votes were issues raised because the Ninjas didn't understand how some votes were recoded or tabulated. And they never bothered to ask the registrar, and published a report that contained no fraud evidence, with conclusions that only confirmed Cyber Ninja ignorance.

A total of 40 claims made by the Cyber Ninjas were rebuffed by county election officials. [URL]https://ktar.com/story/4829697/maricopa-county-elections-officials-refute-all-fraud-claims-from-audit-of-2020-results/[/URL].

The Trump campaign lost eight lawsuits involving Arizona presidential voting.

My guess is that all eight lawsuits suffered from a severe lack of evidence.

[URL]https://ktar.com/story/4829697/maricopa-county-elections-officials-refute-all-fraud-claims-from-audit-of-2020-results/[/URL]

[QUOTE=AxelHeyst;2660665]Trump policies raised wages, grew the economy, and there was no inflation to speak of hence real wages rose and the American people were better off than under the previous administration. That is called prosperity.[/QUOTE]At the end of Barack Obama's terms in office, there were less than 4.5 million people unemployed.

At the end of Trumpshit's single (twice impeached) term, more than six million people were unemployed.

Did you get taught or tutored in math by the poster here with the handle CaliGuy.

If so, it's not your fault.

[QUOTE=AxelHeyst;2660852]What could he do? Declare Marshal Law and move the National Guard into the City? Arrest the Mayor and the District Attorney? Constitutionally it is up to the Governor and the Mayor to request the National Guard. The President could have asked Congress to make it a Federal Crime (with a mandatory 5 year prison sentence) to possess an illegal handgun, but the bill would never have made it through Congress over the Marxist Left Senate filibuster.

The bottom line is as long as the citizens of Chicago and all other Democrat controlled cities keep voting for the Democratic Party machine candidates and specifically for District Attorney's like Kim Foxx, who will not prosecute violent criminals, the murders will continue unabated.

Example: [URL]https://www.bizpacreview.com/2021/10/07/chicago-mayor-and-district-atty-throw-down-over-gang-shootout-lightfoot-calls-for-federal-investigation-1145347/[/URL].

"Insanity is doing the same thing over and over again, but expecting different results. " Black Lives apparently do not matter to Democrats and Woke-tards. The proof is that this black on black slaughter has been going on for over 20 years in these one party Democrat controlled cities and nothing has been done about. The murders do not even make airtime on CNN, MSNBC or Disney propaganda news networks because they do not support the party narrative, so they are deemed not newsworthy. And that is Racism in America today.[/QUOTE]Every attempt as passing gun legislation has been blocked by Republicans, not Democrats. This is just one article of the 1,253 available on the Internet. [URL]https://www.courier-journal.com/story/news/politics/2019/08/05/mitch-mcconnell-keeps-blocking-gun-reform-laws-even-after-dayton-el-paso-shootings/1920898001/[/URL].

[QUOTE=Elvis2008;2660909]Yeah, I was right, and you were wrong. Oil hit $91 a barrel yesterday. EIA forecast only went to $80. Whoops.

LOL. In 2004, when oil prices went up for a decade, there was literally no spare capacity in the system. Everyone was pumping full out.

The EIA does not include Libya, Iran, and Venezuela in its calculation of OPEC spare capacity. If you add that to what the USA pumped in the past, what Russia pumped in the past, and the rest of OPEC's spare capacity, you are at a 10 million BPD surplus of oil.

So tell me Mr. Supply and Demand, why the fuck are oil prices so high?

Because Brandon is such a moron he has scared oil producers so much all over the world, they will not produce. Oil producers will not produce if they think the government is going to seize all their profits..[/QUOTE]This is the same BS you keep spouting. I realize that Forbes is just a business publication and not nearly as smart as you, but they disagree. [URL]https://www.forbes.com/sites/daneberhart/2021/11/13/why-are-oil-prices-so-high-when-the-us-remains-one-of-the-worlds-largest-producers/?sh=34d74784ddfc[/URL].

Wall street and their drive to require better financials also play a part [URL]https://www.forbes.com/sites/daneberhart/2021/11/13/why-are-oil-prices-so-high-when-the-us-remains-one-of-the-worlds-largest-producers/?sh=34d74784ddfc[/URL].

Supply and demand is out of whack too [URL]https://www.thebalance.com/what-makes-oil-prices-so-high-3305654[/URL].

But sure, let's blame Biden. Sheesh.

[QUOTE=MarquisdeSade1;2660990][URL]https://amgreatness.com/2022/02/07/what-to-do-with-the-left-after-their-coming-spanking/[/URL][/QUOTE]And yet there's nothing in this rightwingnut rag of yours that discusses the OTTIFG ripping up documents in contravention of the Presidential Records Act. I guess that didn't happen, eh?

[QUOTE=ScatManDoo;2660287]Right now the Democrats have 48 Senate seats. The Democrats currently caucus with Independent Angus King and Social-Democrat Bernie Sanders.

That gives them 50 Senate votes, and a controlling like majority in the Senate with Vice President Kamala Harris.

I am willing to bet that in the November 2022 midterms the Democrats maintain majority control of the Senate.

I bet the Democrats don't lose a seat and that republicans won't get more than 50 Senate seats resulting from the 2022 midterms.

I can receive or send payment on either Zelle or Venmo.

I don't think an intermediary needs to hold our stakes.

For even odds I am willing to bet $500, and if someone wants only part of the action, that will work.[/QUOTE]This offer has been out now for close to 48 hours.

Here in California, it is around 8 PM.

There have been no takers that I know of.

I will hold my offer open for about the next 50 hours.

If you want to make this bet with me, indicate in this thread before 10:00 PM (PST) on Thursday, February 10th.

I have been concerned about the Senate seat in Georgia.

Polls seen to favor republican athlete Herschel Walker over the incumbent democrat Raphael Warnock.

We'll see how that goes.

[QUOTE=Elvis2008;2660909]Xpartan, you are too big of a Democratic douche to see the truth. I can praise both Obama and Trump, and you cannot. They had good energy policies. You are so screwed in the head that you think Obama and Biden are both great when their policies could not have been more different.[/QUOTE]LOL. Yeah, that is the classic Repub BS during election years. As we get closer to the election, more and more Repubs will occasionally say something vaguely complimentary about a Dem or two and try to sound reasonable and fair-minded in order to scam voters into thinking a vote for their side is pretty much no different than a vote for Dems. In fact, they hope, if you put a finger in one ear and squint really hard with both eyes, by golly you might not even see a difference between a Dem and a Repub. It is merely an extension of the pro-Repub "Bothsiderism" con. As though the inevitable end result of a Great Repub Crash and Massive Job Losses is "no different" than a Great Dem Recovery, Expansion and Historic Job Gains. Lolol.

No surprise that this is the year spineless ultra-winger Repub Pence decides to announce "Trump was wrong. I didn't have the right to overturn the election." So reasonable sounding, isn't it? Gee, he's as pro-America as any Dem, might as well vote for his Party in November or just stay home and let the QAnons do all the voting and vote counting. Of course, if he grandly announces something like that in the media, it might prevent him from being subpoenaed to answer far more incriminating questions about what the hell he and his boss were up to and discussing during the lead up to their violent, deadly, anti-American "Legitimate Political Discourse" on January 6, 2021.

BTW, I see the typically pro-Repub electioneering Mainstream Media is already changing Pence's key word in that statement, "right", to "power", just as conman Pence had hoped they might mishear and mischaracterize it to his and his Party's benefit. Even MSNBC is repeating that Pence bravely and honorably announced that he "did not have the power" to overturn the 2020 election. No he didn't. That isn't what he said. But Mainstream Media would like to lull you into the notion that there wasn't then and won't be in the future a means by which their beloved Repubs will have the "power" to do exactly that, which is what every one of them is working overtime to accomplish right now before the next election.

[QUOTE=Canada;2660860]I see you still are in Fantasyland. Continued lies and fabrications don't make it real.[/QUOTE]No, the Bureau of Labor Statistics is what makes it real.

[URL]https://data.bls.gov/timeseries/LNS14000000[/URL]

To recap: Not only was inflation higher in Reagan's 3rd year in office, much closer to his re-election year than Biden is today, wages were in the crapper and we were in the latest 8 months of Reagan's whopping ten consecutive months of 10%+ Unemployment Rates. See and set the table in the above link to cover the Reagan years. Oh, and, in the end, Reagan's average annual jobs creation result paled by comparison to Carter's. Carter's economy far surpassed Reagan and every other Repub going back to at least the Great Repub Depression on that count and, unlike Reagan, he accomplished that far superior result without tripling the National Debt.

[QUOTE=PVMonger;2660873].
Naaaaah, it is just easier to blame Biden instead of putting the blame where it belongs. On the corporations who are raising prices and announcing record profits. No wonder Republicans like their voters uneducated![/QUOTE]Bacon shut up in California because of Regulations posed by Democrats.

Responding by demeaning is the Democrat MO!

[QUOTE=AxelHeyst;2661046]Please ignore my previous response to you. It was sent off by accident before I could finish it. This is what I intended to post.

The data is available from the Federal Reserve.

Here it is. I know it is hard to read when copied into ISG, but pay close attention to the last column which is the annual rate of inflation. I have included 1976 rate of inflation as a benchmark (the last rate under Ford) to show what Carter did in his disastrous 4 year term. So when Ford left office the Dec 1976 rate was December rate 4. 3865% and the 1976 annual rate was 5. 745%. When Jimmy left office the December, 1980 monthly rate was 12.516% and the annual 1980 rate of inflation was 13.549%. Clearly Carter was unable to deal with the problem. Just look at the data. But living through it was even worse for most Americans..[/QUOTE]"Reagan came into office in January 1981. Inflation raged throughout 1981 as he and Paul Volcker, head of the Fed, tried to get a grip on it."

You mean Carter and his Fed Chairman Paul Volker did, not tried to, get a grip on it soon after Carter appointed him to do exactly that in late 1979 and he began raising Fed Funds rate in order to do it.

That solution to rising inflation began to take effect by mid 1980, as your figures show.

The rate of inflation had already dropped by almost 2 full percentage points by the end of 1980, before Reagan took office, as your figures show.

The rate of inflation had already dropped another 2-3 full percentage points throughout the entirety of 1981, some of which Reagan had still not yet taken office and some of which he hadn't done anything at all yet, as your figures show.

Reagan had absolutely nothing to do with appointing Paul Volker, absolutely nothing to do with understanding what Volker planned to do and did about it, absolutely nothing to do with shouldering any of the heavy lifting and assuming any of the political risk in doing it and absolutely nothing to do with "getting a grip on inflation".

But Carter and his Fed Chairman appointee Paul Volker did.