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AP Fact Checks Joe's Speech

disciple Clint

He was right about everything
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mama2one

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mama2one

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Fantine

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mama2one

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re inflation....read an article today that prices are being raised because THEY CAN due to people willing to pay

consumers are driving prices up by demand

during exPres, house prices in our area shot up yet people were buying houses as soon as they went on the market
people began paying over the listing price and not even doing inspections to get a house

there was a shortage of houses so the prices just kept rising and rising!
lots of bidding wars here
 
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Fantine

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as far as inflation....read an article today that prices are being raised because THEY CAN due to people willing to pay

us consumers are driving prices up by demand

during exPres, house prices in our area shot up yet people were buying houses as soon as they went on the market!

there was a shortage of houses so the prices just kept rising and rising!
When the Fed raises interest rates--the usual and usually successful response to inflation--housing prices will fall because interest rates will make borrowing more expensive.
 
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Hammster

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re inflation....read an article today that prices are being raised because THEY CAN due to people willing to pay

consumers are driving prices up by demand

during exPres, house prices in our area shot up yet people were buying houses as soon as they went on the market
people began paying over the listing price and not even doing inspections to get a house

there was a shortage of houses so the prices just kept rising and rising!
lots of bidding wars here
That explains my grocery and gasoline bills. We demand to eat, and our cars demand gas to run to get to work and the grocery store.
 
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mama2one

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tradingeconomics.com

"Consumer spending, also known as personal consumption expenditures (PCE), increased 3.3% in the fourth quarter (Q4) 2021, an increase from the third quarter's 2.0% increase, but far behind Q1 and Q2's much more substantial increases of 11.4% and 12%, respectively."

we spent a lot in 2021
 
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Hammster

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tradingeconomics.com

"Consumer spending, also known as personal consumption expenditures (PCE), increased 3.3% in the fourth quarter (Q4) 2021, an increase from the third quarter's 2.0% increase, but far behind Q1 and Q2's much more substantial increases of 11.4% and 12%, respectively."

we spent a lot in 2021
I’ve been spending a lot more on gas and groceries.
 
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dqhall

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That explains my grocery and gasoline bills. We demand to eat, and our cars demand gas to run to get to work and the grocery store.
With war breaking out in Ukraine, expect more inflation.
 
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civilwarbuff

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civilwarbuff

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mama2one

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They haven't even broke ground yet or purchased the land. I live in Columbus.......don't jump the gun.

yes, but it WILL be built

our town mayor touted a big store coming to our town in his re-election paper mailed to all

it was only a commitment from the store
NOTHING is happening here yet

mayor did get re-elected
 
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Always in His Presence

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With war breaking out in Ukraine, expect more inflation.

Inflation was at it's highest in 40 years BEFORE the Russians attacked Ukraine - just saying.....
 
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Always in His Presence

Jesus is the only Way
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Here is the first lie joe stated:

President Biden claimed that the Republican tax cuts that former President Trump signed in 2017 benefited "the top 1% of Americans" but not "working people," unlike his American Rescue Plan, but various studies on the tax cuts tell a far different story.​

SOTU fact-check: Did the Trump tax cuts help 'the top 1%' and not 'working people,' as Biden said?

https://www.washingtonpost.com/poli...m-2017-tax-cut-gave-83-percent-top-1-percent/

The top 1 percent in 2018 earned nearly 21 percent of adjusted gross income and paid more than 40 percent of federal taxes, according to an analysis of Internal Revenue Service data by the Tax Foundation. The Tax Foundation said that although share of income earned by the top 1 percent fell slightly from 2017 to 2018, the group’s share of federal individual income taxes rose by 1.6 percentage points, to 40.1 percent, after the tax law went into effect.

Capture.JPG

 
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