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878 views 25 upvotes Made by liarspew 3 years ago in politics
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0 ups, 3y,
1 reply
The stock market has pulled back from it's lofty highs last winter but it overall is still above where it was pre-pandemic.

Unemployment in July tied trump's lowest ever figure.

GDP is still going up.

The main problem with the economy right now is basically inflation...which has now had 2 consecutive months of decline.

The FED will most likely raise rates again and although unemployment will probably rise as a result of this, inflation should theoretically decrease. I would say I think they should've began raising the rates faster than they did but eh...

The border has never been really been secure.
1 up, 3y,
2 replies
Inflation has risen apx 8% a month every month for 9 months. That's 72% inflation. Things are not "ok"
1 up, 3y
Look Marge | BUT.. BUT.. THE PERSON I ELECTED PRESIDENT IS RUNNING THE SHOW SO THINGS MUST BE OK | image tagged in look marge | made w/ Imgflip meme maker
0 ups, 3y,
2 replies
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When they talk about "8% inflation", that is year over year...... not month to month.

Things aren't exactly perfect.. but it's also not the apocalypse, as some people here would have you believe.

Televisions and memory sticks/ hard drives are a couple things which have actually gotten cheaper than they were a few years ago.
1 up, 3y,
1 reply
Last year chicken was $2 a pound.
Now it's over $3.45 a pound. Thats over 70% jump.
In the last2 years they printed 50% of all money ever printed . Meaning they doubled the amount of currency. Meaning there will be 100% inflation. There's 12 months in a year , x 8% and some change. It's not phqn rocket science
0 ups, 3y,
1 reply
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The price of chicken does not necessarily equal inflation in general, nor the economy.

~90% of our currency is not printed.... it doesn't even exist. It's just a number on a screen. In any case, I guess we will see.
1 up, 3y,
1 reply
Yea....the rest of us don't live off of mommy. The proof is at the register
0 ups, 3y,
1 reply
Interesting how quickly y'all switch up from crying about the price at the pump to the price of chicken or whatever. What's next? Tea in china?

Anywho either ask your sugar daddy for a raise or pull yourself up by the ol bootstraps or and spare me your tears... Actually don't spare me. Keep 'em coming!
Lol
1 up, 3y,
1 reply
The pump still up also lol
0 ups, 3y
But it has come down.
1 up, 3y,
1 reply
Pretty sure 45% of people not being able to pay their energy bills in the US and 80% in the EU counts as worst ever. At least after WWII they could gather firewood and burn it. It's illegal now.
1 up, 3y
Bloomberg says it's actually less than half that figure in the US.. not great but definitely better than the EU.
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LIBS WHEN BIDEN TELLS THEM THE ECONOMY IS GREAT AND THE BORDER IS SECURE