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Thread: President Biden

  1. #2611
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    Btw, Jerome Powell (the Fed chair Trump installed and Biden decided to re-up) said as much in his press conference today.
    No he did not, but spin it how you need it to be.
    HCSH cumulative point differential by quarter:

    231 522 654 -54

  2. #2612
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: President Biden

    Quote Originally Posted by PawDawg View Post
    You don't...oops I forgot you Elites are omniscient.
    Just get my info directly from the source rather than twisted by the fringe media.

  3. #2613
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: President Biden

    Quote Originally Posted by PawDawg View Post
    No he did not, but spin it how you need it to be.
    Yes he most certainly did. Did you listen to the entire Q&A after the rate announcement?

  4. #2614
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    Just get my info directly from the source rather than twisted by the fringe media.
    you don't understand your source. You are a leftist robot.
    HCSH cumulative point differential by quarter:

    231 522 654 -54

  5. #2615
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    Re: President Biden

    Quote Originally Posted by PawDawg View Post
    you don't understand your source. You are a leftist robot.
    https://twitter.com/bcheungz/status/...486601217?s=21

    Watch this clip and hear it directly from Jay.

  6. #2616
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    https://twitter.com/bcheungz/status/...486601217?s=21

    Watch this clip and hear it directly from Jay.
    This is the same guy that stated inflation was transitory, right before he stated it wasn't.

    Man, I hang on his every word!

  7. #2617
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    Re: President Biden

    Quote Originally Posted by DawgyNWindow View Post
    This is the same guy that stated inflation was transitory, right before he stated it wasn't.

    Man, I hang on his every word!
    No he didn’t. He said “we tend to use transitory to mean that it won’t leave a permanent mark in the form of higher inflation. I think I is probably a good time to retire that word and try to explain more clearly what we mean.”

  8. #2618
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    No he didn’t. He said “we tend to use transitory to mean that it won’t leave a permanent mark in the form of higher inflation. I think I is probably a good time to retire that word and try to explain more clearly what we mean.”
    Yes he did.

    And he stopped using it when he finally figured out that continued inflation was the new normal. If he explained more what he meant, he would look like even more of a failure because his predictions were completely wrong.

    Stop following spin.

  9. #2619
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    Re: President Biden

    Quote Originally Posted by DawgyNWindow View Post
    Yes he did.

    And he stopped using it when he finally figured out that continued inflation was the new normal. If he explained more what he meant, he would look like even more of a failure because his predictions were completely wrong.

    Stop following spin.
    You stated he said it wasn’t transitory. That is a lie.

    I provided the quote.

    You guys are the ones that are following the spin.

  10. #2620
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    You stated he said it wasn’t transitory. That is a lie.

    I provided the quote.

    You guys are the ones that are following the spin.
    Then they did not just vote to raise rates to combat inflation? Transitory inflation requires no action by the Fed. We are in an inflation spiral (compounding inflation on top of inflation), which is anything but transitory.

    Come on, man, use your brain.

    You and your studies and quotes. Next you'll be believing that Trump colluded with Russia, Hunter's laptop is Russian disinformation, the three letter bureaucracies did not spy on Trump or his campaign, or other stupid bedtime stories for the easily led.

  11. #2621
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    Re: President Biden

    Sleepy claiming fiscal responsibility for reducing the deficit. Oh yeah, that happened only because Congress blocked Sleepy's spend-happy agenda from passing.

    Carney: Joe Biden Identifies as Fiscally Responsible (breitbart.com)

  12. #2622
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    Re: President Biden

    The devil (as usual) is in the details.

    New job creation (428,000) in the expected range (300,000-500,000), unemployment rate held at 3.6% as expected, but the labor participation rate unexpectedly dropped from 62.4% to 62.2%.

    The U.S. Economy Added 428,000 Jobs in April, Unemployment at 3.6%, But Participation Rate Fell (breitbart.com)

    Wages grew at an annual 5.5% rate, but real wages dropped due to annual inflation being at around 8.5%. Markets dropping as analysts see through the "good" news. Select the 1Y graph to see the continuing decline in real disposable income.

    Real Disposable Personal Income (DSPIC96) | FRED | St. Louis Fed (stlouisfed.org)

  13. #2623
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    Re: President Biden

    Quote Originally Posted by FriscoDawg View Post
    The devil (as usual) is in the details.

    New job creation (428,000) in the expected range (300,000-500,000), unemployment rate held at 3.6% as expected, but the labor participation rate unexpectedly dropped from 62.4% to 62.2%.

    The U.S. Economy Added 428,000 Jobs in April, Unemployment at 3.6%, But Participation Rate Fell (breitbart.com)

    Wages grew at an annual 5.5% rate, but real wages dropped due to annual inflation being at around 8.5%. Markets dropping as analysts see through the "good" news. Select the 1Y graph to see the continuing decline in real disposable income.

    Real Disposable Personal Income (DSPIC96) | FRED | St. Louis Fed (stlouisfed.org)
    Real wages, the labor participation rate and manufacturing jobs are the real benchmarks. The unemployment rate is rather meaningless.

    At least manufacturing jobs were added, and I think they were the good ones (not tied to deficit government spending).

  14. #2624
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    Re: President Biden

    How many millions are actually unemployed and also not looking for work? That’s the real unemployment number. Are there really that many millions out there who legitimately can’t do ANY work?

  15. #2625
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: President Biden

    Quote Originally Posted by techman05 View Post
    How many millions are actually unemployed and also not looking for work? That’s the real unemployment number. Are there really that many millions out there who legitimately can’t do ANY work?
    So you want to count people on social security and people that have made enough money that they don’t need to work anymore?

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