Joe Biden left a mark on the Extreme Right last night! (Page 12): So you are suggesting that because we are experiencing inflation that has raised the average families cost of living...

Effate Loc: El Dorado Hills, Ca.

Triple G wrote:

Exactly; but that wouldn't serve their natrative.

So you are suggesting that because we are experiencing inflation that has raised the average families cost of living over $1000 a month, inflation that regardless how many times Biden says he won’t raise taxes on the middle class and more importantly those who can least afford it are experiencing the most harmful regressive tax possible. The point being made wasn’t that I can’t find some crappy generic white loaf, it was that what I paid $3.00 for three years ago is now 6-7. As was previously stated the fact is Biden painting a rosie picture nor the right claiming his speech was exaggerations and mis t***hs won’t be the “narrative” that will sway anyone. Their lived experience at the grocery store, gas pump, home energy, credit card interest and mortgage or rent will shape their opinions as to how well they are doing, period!

Effate Loc: El Dorado Hills, Ca.

McKinneyMike wrote:

K**ler Dave's bread is not exactly run of the mill bread. I eat it alot, but wouldn't begin to say that it was normal bread!

One day you will have to explain what normal bread is.

McKinneyMike Loc: Texas

Effate wrote:

One day you will have to explain what normal bread is.

Its not K**ler Dave's that's for damned sure!

Effate Loc: El Dorado Hills, Ca.

McKinneyMike wrote:

Its not K**ler Dave's that's for damned sure!

Seem to me if you can’t define it then you can’t logically exclude a brand/type.

McKinneyMike Loc: Texas

Effate wrote:

Seem to me if you can’t define it then you can’t logically exclude a brand/type.

It's not cheap bread. Is that simple enough for you to understand. I can call you and say it really slow if that will help!

Effate Loc: El Dorado Hills, Ca.

McKinneyMike wrote:

It's not cheap bread. Is that simple enough for you to understand. I can call you and say it really slow if that will help!

Nothing you say needs to be said slow as you are the one employing simpleton terms like normal bread. What you could have said was that Dave’s is considered a premium bread versus a “core loaf product” (which by the way experienced a 3% decline while Dave’s experienced 10% growth with over 1 billion in sales.

McKinneyMike Loc: Texas

Effate wrote:

Nothing you say needs to be said slow as you are the one employing simpleton terms like normal bread. What you could have said was that Dave’s is considered a premium bread versus a “core loaf product” (which by the way experienced a 3% decline while Dave’s experienced 10% growth with over 1 billion in sales.

Sorry, I don't profess to be a bread connoisseur, just know that plain white no name bread is what most people would call "normal". I am sure there are far more expensive "loaves", but not mainstream supermarket types.

Triple G

wilpharm wrote:

tell that s**t to a young couple with kids and a mortgage..

I'm not unsympathetic, but I was that young person looking at wage and price freezes and 11% mortgage rate back in the 1970's. The US saw it's way through that and will through this too.

Effate Loc: El Dorado Hills, Ca.

Triple G wrote:

I'm not unsympathetic, but I was that young person looking at wage and price freezes and 11% mortgage rate back in the 1970's. The US saw it's way through that and will through this too.

I was there too and agree with you (wasn’t the fix to make the Dem Prez a one termer?).

Triple G

Blurryeyed wrote:

Well there is the small issue of flooding the system with federal spending with no corresponding increase in the supply of goods and services. Econ 101.

If you are referencing the infrastructure bill and the IRS moderniztion funding; just look at how necessary they are and how great they are on ROI.

Triple G

Effate wrote:

I was there too and agree with you (wasn’t the fix to make the Dem Prez a one termer?).

https://en.wikipedia.org/wiki/Nixon_shock#:~:text=The%20Nixon%20shock%20was%20a,international%20convertibility%20of%20the%20United

https://www.federalreservehistory.org/essays/great-inflation

https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp

It was under Nixon.

Effate Loc: El Dorado Hills, Ca.

Triple G wrote:

https://en.wikipedia.org/wiki/Nixon_shock#:~:text=The%20Nixon%20shock%20was%20a,international%20convertibility%20of%20the%20United

https://www.federalreservehistory.org/essays/great-inflation

https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp

It was under Nixon.

Yes, apparently just like today rather than blaming the real culprit (borrowing and printing money) they tried to put much of the blame on oil instead of monetary policy.

Canisdirus

McKinneyMike wrote:

You support the biggest liar in the history of the world and you want to call out someone else!!!

To quote you "It says more about you then."

You just illustrate my point for me...

Triple G

Effate wrote:

Yes, apparently just like today rather than blaming the real culprit (borrowing and printing money) they tried to put much of the blame on oil instead of monetary policy.

It was Volcher and monetary policy that got the US out of it just like the Fed has this time. The biggest variables still keeping inflation up are housing prices due to shortages and consumer demand. Food, energy and other sectors are coming down.

We're still in a lag time for fed rate increases to have full cooling effect and for wage increases to offset expenditures. Those are happening though.

I think the Vietnam war was the major contributor last time. That still is a stain on our history in lives and economies lost.

McKinneyMike Loc: Texas

Canisdirus wrote:

You just illustrate my point for me...

You are spiralling around the drain.....