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2023: Dow Hits All Time High Under Biden... (37000+?) -Morning Joe
Dec 15, 2023 11:58:35 #
Dec 15, 2023 12:00:26 #
Dec 15, 2023 12:04:31 #
DaveO wrote:
Yeah, there were no mitigating factors. 
Pandemic has long been over, the only mitigating factor I noticed was the Fed's intervention into the economy in response to the federal government's spending and printing spree....
Dec 15, 2023 12:08:19 #
Blurryeyed wrote:
Pandemic has long been over, the only mitigating factor I noticed was the Fed's intervention into the economy in response to the federal government's spending and printing spree....
So, the end of the pandemic should have precipitated an immediate return to prior conditions seems to be your thought.
We can ignore factors contributing to inflation, etc., along with pre-pandemic spending.
Dec 15, 2023 12:11:03 #
Blurryeyed wrote:
Pandemic has long been over, the only mitigating factor I noticed was the Fed's intervention into the economy in response to the federal government's spending and printing spree....
Of course you have sourcing to verify your statement "the Fed's intervention into the economy in response to the federal government's spending and printing spree...." as opposed to runaway inflation caused by corporate greed?
Dec 15, 2023 12:20:34 #
Why the hell do so many threads include sourcing demand or requests?
It would seem that if one finds something objectionable that they would do their own research and show their source in rebuttal. When a source is given, typically we go into a pissing contest regarding the validity, so why bother unless we believe the source would be respected. Good luck with that.
I could likely state that there are millions of kids starving around the world and a source would be demanded or I'd be challenged to name one.
It would seem that if one finds something objectionable that they would do their own research and show their source in rebuttal. When a source is given, typically we go into a pissing contest regarding the validity, so why bother unless we believe the source would be respected. Good luck with that.
I could likely state that there are millions of kids starving around the world and a source would be demanded or I'd be challenged to name one.
Dec 15, 2023 12:26:20 #
DaveO wrote:
Why the hell do so many threads include sourcing d... (show quote)
Good point. Particularly your comment about doing one's own research. But even when that is suggested, it gets push back from those who are too lazy to do that research.
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Dec 15, 2023 12:32:33 #
FrumCA wrote: Good point. Particularly your comment about doing one's own research. But even when that is suggested, it gets push back from those who are too lazy to do that research.
Good point. Particularly your comment about doing one's own research. But even when that is suggested, it gets push back from those who are too lazy to do that research.We do like the lines of least resistance! Hell, some are so lazy that they'd crap in bed and push it out with their feet if it didn't smell so badly.
Dec 15, 2023 12:35:48 #
DaveO wrote:
Why the hell do so many threads include sourcing d... (show quote)
Well Davey, if you believe the statement is true, then sourcing may not be required, however, if you feel the statement is BS, then ask for sourcing. Some posters automatically fabricate information, hoping to pass it off as true, when it may only be a partial truth to support your point of view. Why should I have to provide sourcing just to prove you wrong? As far as "millions" of kids, I would be hard pressed to accept that as a valid number. Children's International states "Approximately 45 million young children across the globe suffer from severe malnutrition each year – that's nearly one out of every three children under 5 years of age." There's one source. See, that wasn't so difficult.
Dec 15, 2023 12:40:20 #
dlwhawaii wrote:
Well Davey, if you believe the statement is true, ... (show quote)
Gee, diwey, you must be one who had issues with odor. Didn't mean to upset you.
Hopefully folks can post things that they believe you will find true.
Dec 15, 2023 12:51:37 #
DaveO wrote:
Gee, diwey, you must be one who had issues with odor. Didn't mean to upset you.
Hopefully folks can post things that they believe you will find true.
Hopefully folks can post things that they believe you will find true.
Not asking for special favors, especially regarding your odors. Just don't spread BS statements as if they're true. I doubt seriously if you are that capable, however, one can hope.
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Dec 15, 2023 12:58:40 #
dlwhawaii wrote:
Not asking for special favors, especially regarding your odors. Just don't spread BS statements as if they're true. I doubt seriously if you are that capable, however, one can hope.
LOL, poor little fella! Try to keep up!
We are all aware of your capabilities, or lack thereof.
Dec 15, 2023 13:08:43 #
dlwhawaii wrote:
Well Davey, if you believe the statement is true, ... (show quote)
Well Mazie, I don't think that I stated it as a fact or even the only factor but rather an observation. In the last 7 years the government has increased the national debt by some $13 Trillion, but also of interest is that between 2020 and 2022 the Fed increased its balance sheet by close to $5 Trillion. Although there was reason for the government to respond to the Covid Crisis it can be said that they went too far. I don't know of anyone who thinks that you can print $5 Trillion out of thin air and inject it into the economy with out causing inflationary pressures, it can also be said that there were other contributing factors such as supply chain issues but the bottomline is that there has been serious mismanagement at the federal level over the last 3 to 4 years. I really believe that one would have to be a low level thinker to blame the inflation we have seen over the last few years on corporate greed.
Dec 15, 2023 13:12:09 #
I believe it remiss to totally discount the effect corporate greed has had on inflation, be it big or small.
Unfortunately I posses no source for my allegation, but I strongly suspect there are some being worked on.
Unfortunately I posses no source for my allegation, but I strongly suspect there are some being worked on.
Dec 15, 2023 13:37:54 #
DaveO wrote:
I believe it remiss to totally discount the effect corporate greed has had on inflation, be it big or small.
Unfortunately I posses no source for my allegation, but I strongly suspect there are some being worked on.
Unfortunately I posses no source for my allegation, but I strongly suspect there are some being worked on.
So to there is less greed than there was this time last year.
Blaming inflation on corporate greed - in my opinion- us just another way of point fingers alway from yourself . The reason for this latest round of inflation was purely that supply took substantially longer to ramp back up after the pandemic that demand did .
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