Re: Todays rant

On 11/30/2024 2:00 PM, Catrike Ryder wrote:

On Sat, 30 Nov 2024 13:11:09 -0500, zen cycle
<funkmasterxx@hotmail.com> wrote:
 

On 11/30/2024 11:07 AM, Catrike Ryder wrote:

On Sat, 30 Nov 2024 06:50:05 -0500, zen cycle
<funkmasterxx@hotmail.com> wrote:
>

On 11/29/2024 8:36 PM, Frank Krygowski wrote:

On 11/29/2024 2:20 PM, Mark J cleary wrote:

I am on a roll. Had to go to store today get a few items. I love eggs
I eat them every other day for brunch. What has happened to the
chickens they are no $3.99 for a dozen. My guess is Trump can't
exactly fix it but I am sure Biden would not, possibly make it worse.
Paying 3.99 for a dozen eggs is like paying $20 for a inner tube.

>
<sigh> No, the U.S. president does not have a knob on his desk he twists
up and down to control the price of eggs. Sheesh. You might as well ask
why the Pope didn't call down a miracle to lower prices.
>
https://www.nerdwallet.com/article/finance/why-are-eggs-so-expensive
>
Believe it or not, some things that happen are completely independent of
politics.
>

>
   Considering fed policies under Biden brought trumpflation down from 9%
to 3%, I'd consider bidennomics to be reasonably successful.

>
According to the CPI (Consumer Price Index)nflation was about 2% when
Biden took over from Trump in 2020

>
he took over in 2021. REmeber this?
https://www.britannica.com/event/January-6-U-S-Capitol-attack
>
>

It didn't hit 9% until June, 2022.
>
https://www.usinflationcalculator.com/inflation/current-inflation-rates/

>
Yup, a hangover from the trump administration. It took Biden another two
years to fix it.
>

>

 Biden was inaugurated on 1/20/21. Inflation was 1.4%. It began going
up as soon as Biden sat down in the oval office and signed 17
executive orders. It was  4% by April, 7% by the end of the year. It
kept going up and didn't hit 9% until Biden had been President for 17
months. Biden owns the inflation.
--
C'est bon
Soloman

There is an argument that both administrations spent irresponsibly* but the immediate actions to suppress fuel production and transport had an immediate and drastic effect.
Later revisionist tales of fuel price increases driven by the Ukraine invasion are unsupported by the actual data.
*Navy guys I know hate the expression, 'Spend like a drunken sailor'. They all say they stopped drinking when they ran out of money, unlike governments.
--
Andrew Muzi
am@yellowjersey.org
Open every day since 1 April, 1971