While Cooling Slightly, Inflation Remains Stubbornly High

[PsaltiChrysostom]

Let me clear that up for reading comprehension, the spending DID CAUSE a 3 percent increase in inflation, if it were not for the spending there MAY have been deflation. There MAY have been many things in our world but we can only consider the things that actually exist not those things that hypothetically might exist
by the way your original post tried to excuse the inflation by declaring it was world wide and yet this article indicates it was greater in our nation, so much for excuses.

We also had record low inflation for a decade (2-3%). My retirement advisor said that basically, we're catching up to what inflation historically runs (3-4%).

 

[disciple Clint]

Makes just as much sense for giving him credit for the Obama recovery.

My gosh are we back to that nonsense again?

 

[KCfromNC]

My gosh are we back to that nonsense again?

I guess I didn't think I had to point out that yes, in fact his VP is now serving as president. I'm a bit concerned this info comes as a surprise, it's been all over the news for the past few years.

 

[disciple Clint]

I guess I didn't think I had to point out that yes, in fact his VP is now serving as president. I'm a bit concerned this info comes as a surprise, it's been all over the news for the past few years.

I am always shocked by how much some people do not seem to know or remember about what has happened in the past few years, seems they only remember those things that serve their bias.

 

[Say it aint so]

Let me clear that up for reading comprehension, the spending DID CAUSE a 3 percent increase in inflation, if it were not for the spending there MAY have been deflation. There MAY have been many things in our world but we can only consider the things that actually exist not those things that hypothetically might exist
by the way your original post tried to excuse the inflation by declaring it was world wide and yet this article indicates it was greater in our nation, so much for excuses.

What? You tortured what they said. One more time, "“Fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021,”

Here, this may help:
May
auxiliary verb, present singular 1st person may,2nd may or (Archaic) may·est or mayst,3rd may;present plural may;past might.

1. (used to express possibility): It may rain.

 

[DaisyDay]

Yes it was called Covid, did you want to blame Trump for that?

His handling of the pandemic, public health-wise and economics-wise, was abysmal, so yes, he does have some responsibility.

 

[PsaltiChrysostom]

Yes it was called Covid, did you want to blame Trump for that?

Trump preferred the term "Kung Flu" and lets not forget that Trump suggested and I quote from his press conference,

"And is there a way we can do something like that, by injection inside or almost a cleaning. Because you see it gets in the lungs, and it does a tremendous number on the lungs. So it would be interesting to check that.”

 

[disciple Clint]

What? You tortured what they said. One more time, "“Fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021,”

Here, this may help:
May
auxiliary verb, present singular 1st person may,2nd may or (Archaic) may·est or mayst,3rd may;present plural may;past might.

1. (used to express possibility): It may rain.

May is no longer may when history proves that it did in fact do what they thought it might do.

 

[disciple Clint]

His handling of the pandemic, public health-wise and economics-wise, was abysmal, so yes, he does have some responsibility.

He followed the recommendations of the expert, Dr. Fauci, who now seems to have a good deal of explainging to do about those recommendations and a few other things as well

Trump preferred the term "Kung Flu" and lets not forget that Trump suggested and I quote from his press conference,

"And is there a way we can do something like that, by injection inside or almost a cleaning. Because you see it gets in the lungs, and it does a tremendous number on the lungs. So it would be interesting to check that.”

And that comment has been misquoted and twisted ever since

 

[PsaltiChrysostom]

He followed the recommendations of the expert, Dr. Fauci, who now seems to have a good deal of explainging to do about those recommendations and a few other things as well

And that comment has been misquoted and twisted ever since

So why did the state of Georgia have to issue a statement for people NOT to DRINK BLEACH????

"The Department of Public Health has received reports people are using diluted chlorine dioxide to “treat” COVID-19. Chlorine dioxide is a bleach-like cleaning agent and, if ingested, can have severe, adverse health effects, including death."

Alert: Chlorine Dioxide Ingestion

The Department of Public Health has received reports people are using diluted chlorine dioxide to “treat” COVID-19. Chlorine dioxide is a bleach-like cleaning agent and, if ingested, can have severe, adverse health effects, including death.

dph.georgia.gov

 

[DaisyDay]

He followed the recommendations of the expert, Dr. Fauci, who now seems to have a good deal of explainging to do about those recommendations and a few other things as well

Not really. While Fauci was on Donald's covid task force, he was not in charge; he had Mike Pence, Jared Kushner, Alex Azar (from Eli Lilly) and Debra Birx over him. Dr. Redfield was in charge of the CDC, not Fauci.

And that comment has been misquoted and twisted ever since

It was a redonkulous comment that deserved mocking.

 

[Say it aint so]

May is no longer may when history proves that it did in fact do what they thought it might do.

Read your article again....slowly. Inflation happened first, just like it did around the whole wide world, and then they offer that view of what may have also contributed to it. I mean speaking of the reading comprehension you mentioned.

 

[PsaltiChrysostom]

Not really. While Fauci was on Donald's covid task force, he was not in charge; he had Mike Pence, Jared Kushner, Alex Azar (from Eli Lilly) and Debra Birx over him. Dr. Redfield was in charge of the CDC, not Fauci.

It was a redonkulous comment that deserved mocking.

I work at a hospital and my clinical staff was laughing and crying every time Trump opened his mouth on clinical issues. Laughing about how stupid it was. Crying when they realized that our patients might actually try some of these.

 

[KCfromNC]

I am always shocked by how much some people do not seem to know or remember about what has happened in the past few years, seems they only remember those things that serve their bias.

I'm never shocked when posts attempt to turn a fact based discussion into one with one with vague and empty innuendo.

 

[Gene2memE]

I've seen loads of copypasta posts like this and every one strikes me as a blindly impulsive reaction suggesting that the person doing the copypasta doesn't understand the topic. Did you even read what you posted? Do you know what's happened since it was written nearly 3 years ago how that compares to today?

Thanks for this. I did a similar rebuttal, but you beat me to it. No point in beating an expired equine.

 

[disciple Clint]

because the MSM twisted a rhetorical question into a recommendation that was never made, this haw been covered over and over and yet here we are covering it again some people never seem to get the facts.

 

[disciple Clint]

Dr. Redfield did not agree with Fauci on many important items.

 

[disciple Clint]

Read your article again....slowly. Inflation happened first, just like it did around the whole wide world, and then they offer that view of what may have also contributed to it. I mean speaking of the reading comprehension you mentioned.

AND counter to the point you were trying to make, the facts reflect that the inflation in our nation was greater than other countries because of the Gov spending, read it.

 

[disciple Clint]

Of course you would not be shocked, considering your expertise that goes without saying.

 

[Say it aint so]

AND counter to the point you were trying to make, the facts reflect that the inflation in our nation was greater than other countries because of the Gov spending, read it.

I did read it. It says this once again:

Conclusion

"The United States is experiencing higher rates of inflation than other advanced economies. In this Economic Letter we argue that, among other reasons explored by the literature, the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the recent rise in inflation. However, without these spending measures, the economy might have tipped into outright deflation and slower economic growth, the consequences of which would have been harder to manage.​

To me they are kind of saying, "damn if you do, damn if you don't." Again, I like most Americans if what they saying is true, would rather have the 3% inflation rather than the job losses in a economic slowdown. You, I guess would prefer that later.