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Apr 7, 2024 15:09:51   #
Effate Loc: El Dorado Hills, Ca.
 
DennyT wrote:
1. Then why didn’t we see inflation during trump administration who overspent $8+ trillion in four years and why didn’t we have inflation when Reagan trippled the national debt in four years ?

And and read the unhighlighted portion of you screen shot. It precisely describes what happened to caused this round of inflation .

Ps:you should provide a link to you screen shot so that we may read the entire piece not just what you want .


I did partially attribute inflation to supply chains earlier if you remember and could have easily cropped the unhighlighted portion. I assume you could Google The IMF opinion on money supply and Inflation or any number of economists who will tell you the same thing. Republicans are equally guilty of running up the debt, printing money and keeping interest rates low (thanks for the 2 1/2% mortgage). Additionally, between Trump and Biden we pumped 6 Trillion dollars in various Covid relief funds and we have probably have never had that amount of money sloshing around in the economy at one time chashing too few good.

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Apr 8, 2024 05:50:38   #
Shutterbug1697 Loc: Northeast
 
Racmanaz wrote:
Have you ever noticed that shutterbug is always trying to blame the American workers for the financial woes caused by Joe Biden? Don’t blame Joe Biden’s policies blame Americans that are suffering.

Yet you refuse to give Joe Biden credit for the best worldwide recovery from the Covid-19 Pandemic inflation.

WHY is that?

Reply
Apr 8, 2024 06:41:20   #
Shutterbug1697 Loc: Northeast
 
Effate wrote:
Putting that money out there during Covid may have been partially driven by a genuine need by some individuals and businesses due to extreme shutdown policies and supply chain issues but the haphazard manner it was dumped was wrought with fraud to the tune of billions, sending money to prison inmates, you and me and many others on the hog members who had no business receiving checks. I know many people personally who were able to double dip on unemployment (federal and state) who were being paid more to stay home than their working salaries. I would venture to say some are still at home feeling entitled.
Putting that money out there during Covid may have... (show quote)

I find it nearly impossible for individuals who collected unemployment during the Pandemic, to be still collecting unemployment four years later on the same, original unemployment claim

From past experience, there are weekly requirements which need to be met in order to receive those payments.

Now, if they worked part-time during any given week, then the benefits paid could / would be reduced proportionately.

But an unemployment claim generally only stays open for 12 months. After that, the claimant must reapply, and the new claim would be based upon the earnings, not including any unemployment benefits, during the preceding 12 months.

By the way, the Federal Government doesn't pay unemployment benefits, they might supplement unemployment benefits, but they don't directly pay unemployment benefits, so your story about knowing individuals who were double dipping is a bunch of hogwash!

Yes there was a time in 2020 to 2021 when the Federal Government paid a supplemental $600 per week, but that program expired in March of 2021. Unemployment benefits are based on prior earnings. The amounts or percentages paid, based on prior income, vary wildly by each state.

https://blog.dol.gov/2021/01/11/unemployment-benefits-answering-common-questions

But to claim that "some are still at home feeling entitled" is a lie based on nothing more than right-wing propaganda.

Anyone who's still unemployed FOUR YEARS after the start of the Pandemic is unemployed by choice. With the unemployment rate so low, and tons of jobs going unfilled, there's no excuse for most individuals to be unemployed today.

If an unemployed individual has transferable skills which involve the use of a computer, that individual is capable of working remotely. Employers have finally come around to embracing remote workers, the available talent in remote candidates is often better suited to their needs than potential local candidates based on education levels and experience in a particular skill or software.

The most important things needed to work remotely are a reliable internet connection and some form of electricity to be able to run a computer, or laptop, and any needed peripherals.

Often a remote position could pay at a higher rate than a local employer can offer based on the skills, experience, and the prevailing rates of where the remote employer is located.

It would be the less skilled or production line employees which might find it harder to get reemployed in a close radius of where they live.

Reply
 
 
Apr 8, 2024 07:44:01   #
Triple G
 
Shutterbug1697 wrote:
I find it nearly impossible for individuals who collected unemployment during the Pandemic, to be still collecting unemployment four years later on the same, original unemployment claim

From past experience, there are weekly requirements which need to be met in order to receive those payments.

Now, if they worked part-time during any given week, then the benefits paid could / would be reduced proportionately.

But an unemployment claim generally only stays open for 12 months. After that, the claimant must reapply, and the new claim would be based upon the earnings, not including any unemployment benefits, during the preceding 12 months.

By the way, the Federal Government doesn't pay unemployment benefits, they might supplement unemployment benefits, but they don't directly pay unemployment benefits, so your story about knowing individuals who were double dipping is a bunch of hogwash!

Yes there was a time in 2020 to 2021 when the Federal Government paid a supplemental $600 per week, but that program expired in March of 2021. Unemployment benefits are based on prior earnings. The amounts or percentages paid, based on prior income, vary wildly by each state.

https://blog.dol.gov/2021/01/11/unemployment-benefits-answering-common-questions

But to claim that "some are still at home feeling entitled" is a lie based on nothing more than right-wing propaganda.

Anyone who's still unemployed FOUR YEARS after the start of the Pandemic is unemployed by choice. With the unemployment rate so low, and tons of jobs going unfilled, there's no excuse for most individuals to be unemployed today.

If an unemployed individual has transferable skills which involve the use of a computer, that individual is capable of working remotely. Employers have finally come around to embracing remote workers, the available talent in remote candidates is often better suited to their needs than potential local candidates based on education levels and experience in a particular skill or software.

The most important things needed to work remotely are a reliable internet connection and some form of electricity to be able to run a computer, or laptop, and any needed peripherals.

Often a remote position could pay at a higher rate than a local employer can offer based on the skills, experience, and the prevailing rates of where the remote employer is located.

It would be the less skilled or production line employees which might find it harder to get reemployed in a close radius of where they live.
I find it nearly impossible for individuals who co... (show quote)


Let's not forget the net effect of the trump tax boon to the rich and its loss of revenues that have also fueled the deficit. That has a longer lasting impact than the temporary aid packages.

https://www.taxpolicycenter.org/briefing-book/how-did-tcja-affect-federal-budget-outlook

https://www.brookings.edu/articles/did-the-2017-tax-cut-the-tax-cuts-and-jobs-act-pay-for-itself/

https://itep.org/corporate-tax-avoidance-trump-tax-law/

Reply
Apr 8, 2024 09:48:11   #
Racmanaz Loc: Sunny Tucson!
 
Shutterbug1697 wrote:
Yet you refuse to give Joe Biden credit for the best worldwide recovery from the Covid-19 Pandemic inflation.

WHY is that?


Lol Why would anyone? The so called recovery was not due to anything he did. Millions and millions of people returning to work after the Democrat LED shutdowns were listed had nothing to do with what Pedo Biden did. Only an idiot would believe Biden was the reason for the "recovery".

Reply
Apr 8, 2024 11:12:59   #
Effate Loc: El Dorado Hills, Ca.
 
Shutterbug1697 wrote:
I find it nearly impossible for individuals who collected unemployment during the Pandemic, to be still collecting unemployment four years later on the same, original unemployment claim

From past experience, there are weekly requirements which need to be met in order to receive those payments.

Now, if they worked part-time during any given week, then the benefits paid could / would be reduced proportionately.

But an unemployment claim generally only stays open for 12 months. After that, the claimant must reapply, and the new claim would be based upon the earnings, not including any unemployment benefits, during the preceding 12 months.

By the way, the Federal Government doesn't pay unemployment benefits, they might supplement unemployment benefits, but they don't directly pay unemployment benefits, so your story about knowing individuals who were double dipping is a bunch of hogwash!

Yes there was a time in 2020 to 2021 when the Federal Government paid a supplemental $600 per week, but that program expired in March of 2021. Unemployment benefits are based on prior earnings. The amounts or percentages paid, based on prior income, vary wildly by each state.

https://blog.dol.gov/2021/01/11/unemployment-benefits-answering-common-questions

But to claim that "some are still at home feeling entitled" is a lie based on nothing more than right-wing propaganda.

Anyone who's still unemployed FOUR YEARS after the start of the Pandemic is unemployed by choice. With the unemployment rate so low, and tons of jobs going unfilled, there's no excuse for most individuals to be unemployed today.

If an unemployed individual has transferable skills which involve the use of a computer, that individual is capable of working remotely. Employers have finally come around to embracing remote workers, the available talent in remote candidates is often better suited to their needs than potential local candidates based on education levels and experience in a particular skill or software.

The most important things needed to work remotely are a reliable internet connection and some form of electricity to be able to run a computer, or laptop, and any needed peripherals.

Often a remote position could pay at a higher rate than a local employer can offer based on the skills, experience, and the prevailing rates of where the remote employer is located.

It would be the less skilled or production line employees which might find it harder to get reemployed in a close radius of where they live.
I find it nearly impossible for individuals who co... (show quote)


Don’t panic! I never said anyone was still collecting unemployment relative to the pandemic. I said some are still at home. They never returned to the workforce so your rant was for naught. No one lied so put your right wing conspiracy back to bed.

Reply
Apr 8, 2024 11:36:18   #
DennyT Loc: Central Missouri woods
 
Racmanaz wrote:
Lol Why would anyone? The so called recovery was not due to anything he did. Millions and millions of people returning to work after the Democrat LED shutdowns were listed had nothing to do with what Pedo Biden did. Only an idiot would believe Biden was the reason for the "recovery".


I partially agree with that. The single thing I see though was the infrastructure act BTHS’s funded thousands of job - pumping money back into an economy that had none for previous years .

But all presidents get credit or blame started on previous administrations/ such as trump bragging about a robust becoming during his first couple years/ one that started with Obama .

If Biden doesn’t get credit then neither does trump.

Reply
 
 
Apr 8, 2024 15:05:42   #
skylane5sp Loc: Puyallup, WA
 
Shutterbug1697 wrote:
Yet you refuse to give Joe Biden credit for the best worldwide recovery from the Covid-19 Pandemic inflation.

WHY is that?

Izzat the same Joe Biden that wanted nothing to do with the Covid vax because Trump initiated it? That Joe Biden? Credit? For what? Biden couldn’t pour piss out of a boot if the instructions were printed on the bottom of the heel…

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