Current events discussion

[Old_Slapper]

Wrong according to some talking head podcaster? What are her creds to redetermine history?
Can you share them?

Regardless, I am very interested in the plan you think Trump has to just step in and change our economy with the sweep of a pen.
Can you tell me how you think he is going to achieve the things you say he will achieve?

I have to assume that since you truly believe it's going to happen, you have seen some viable and achievable plan for doing so. I can't imagine with your economics acumen that you would simply just believe a claim of "I'm going to do this", like his claim that he will just tell the banks to lower credit card rates.

What's the plan, and how will it be achieved?

Well, Biden ruined the economy with a swipe of a pen, so why make it better with a swipe of a pen. Take a look at what manufacturers are now looking to return manufacturing to America, now that Trump is coming back into office. Read up on the comments from the CEO of Chrysler.

Again, you will jump to pull crap out to defend the libs, but refuse to research to defend what a Republican says.

So tell us, what was Kamala's plan? She did say she had her hand in Bidenomics and was quite proud of it, but mentioned nothing on how she was going to make our financial life better.

By the way, Trump didn't say he was going to tell banks to lower their rates. He is going to get credit card companies to lower their rates.

 

[ThxOne Premium Member]

Hey Rob, Trump's average, Biden's average. Trump in red, Biden in blue... which is the higher average?

 

[Old_Slapper]

Rob,
before you start to defend the gas prices again, take another look at your chart. The average household income is up 10%. Gas prices went up 25%. So, by doing that math, gas is literally 15% more expensive.

 

[Eggs 5,000+ posts]

 

[Old_Slapper]

Hold on. It looks like Rob is pulling out a lot of crap right now. He's been typing for a while. Must be looking for something to back up his false claims. This might take much much longer.

 

[ThxOne Premium Member]

Hold on. It looks like Rob is pulling out a lot of crap right now. He's been typing for a while. Must be looking for something to back up his false claims. This might take much much longer.

When he doubles down he can continue on for 10's of pages until you give up and walk away.

 

[ThxOne Premium Member]

All I know is I do not dictate what the company I work for pays and averages do not soften higher prices ACTUALLY paid for items by the individual.

 

[RobGMN Premium Member]

Again, this goes to show how you are not able to think outside the liberal box. You have no problem pulling stuff out of your butt to discredit the republicans, but you will take everything you hear from a lib as pure gospel.

The libs tell you that due to the rise in inflation, gas prices are lower compared to 2019. Now, this is where I give you another lesson in economics, which you claim to be so knowledgeable in. Inflation and personal are two different measurements. When inflation goes up, personal income does not go up accordingly. By your useless rambling, you stated that it's okay for gas prices to raise 75% because inflation prices make up for the difference. Well, did you get a 75% increase in pay? Did you get a 25% increase in pay? NOPE!!! Therefore, paying $2.50 for gas, when a few years ago you were paying $1.86, will make a bigger chunk out of your check if you were only making 10% more than a few years ago. For your income to keep up with the cost of gas, you would have to be making 25% more, today, than you did in 2019.

I hate not having a mic after these speeches. I guess I'll just drop my keyboard instead.

Although you completely failed to provide any info about the how/what/why of Trump's plan for waving his magic wans and making things better, I'll speak to your "lesson" on inflation:

Wage-push inflation happens when wages go up, followed by a demand for more goods as people have more disposable income, and additionally increased good prices due to rising cost of production. This demand causes prices to go up.
So, the wage increases precede the price increases.

But the economy is self-balancing. If all prices went up but wages didn't, demand would drop. This would force prices back down. OR, people would fight for higher wages so that they could afford to maintain their lifestyle. And that's what most working people do: fight for better wages, which makes goods more expensive, so they fight for more wages, which makes goods more expensive. And so on. Welcome to economics 101.

I know you said you are much more well-versed in economics than me, but your gas price "quote" of $1.86 shows you don't know nearly as much as you think.

I'll ask you: When gas dropped to $1.88 for one day (May 4th 2020) with the tanking economy, how many thousands of gallons did you buy, so that you could claim this price as THE price you paid for gas during the Trump administration? I'm thinking 8,000 gallons if you are the average American using 40 gallons a week.
If your holding tank isn't that big, how did you pay $1.88/gallon for four years, when the rest of the country was paying a lot more?

I'll say this: If you want to claim you understand the economy better than me, don't do foolish things like cherry-picking a single day as a representation of a 4-year span.

If you can reach your keyboard, go ahead and tell me what the plan is for Trump to magically fix everything, speak to your data cherrypicking, and explain how the price of gas is 25% higher for you now.

 

[Old_Slapper]

When he doubles down he can continue on for 10's of pages until you give up and walk away.

Like arguing with a woman.

 

[RobGMN Premium Member]

All I know is I do not dictate what the company I work for pays and averages do not soften higher prices ACTUALLY paid for items by the individual.

As an employee, you should. But even if you can't, YOU can dictate what you earn. If it's not enough or not increasing enough to keep up with change, then that is a problem, and one you should work to correct.

And I'll take your lack of response as an indicator that you don't want to share your income status now, relative to the past.
That's fine, but it's hard to listen to someone complain that they haven't been able to achieve what the average American has achieved.

Sure, life can throw some impossible curveballs. But those curveballs can only be blamed by so many people who are the outliers of the average.
Back to that introspective question of "why?", I guess.

 

[RobGMN Premium Member]

Like arguing with a woman.

So, what's the big plan, and how did you manage to pay $1.88 a gallon for gas from 2017 -2020?

 

[ThxOne Premium Member]

As an employee, you should. But even if you can't, YOU can dictate what you earn. If it's not enough or not increasing enough to keep up with change, then that is a problem, and one you should work to correct.

And I'll take your lack of response as an indicator that you don't want to share your income status now, relative to the past.
That's fine, but it's hard to listen to someone complain that they haven't been able to achieve what the average American has achieved.

Sure, life can throw some impossible curveballs. But those curveballs can only be blamed by so many people who are the outliers of the average.
Back to that introspective question of "why?", I guess.

You are the only person assuming that because prices are being discussed that somehow we have all failed at life. But hey...

Donald Trump our 47th President. Stings huh?

 

[ThxOne Premium Member]

I would like to say to you Rob that if you think that because us having an adult conversation about economics is us complaining then I am going to have to ask you to stop bitching and nagging so much.

 

[Old_Slapper]

Although you completely failed to provide any info about the how/what/why of Trump's plan for waving his magic wans and making things better, I'll speak to your "lesson" on inflation:

Wage-push inflation happens when wages go up, followed by a demand for more goods as people have more disposable income, and additionally increased good prices due to rising cost of production. This demand causes prices to go up.
So, the wage increases precede the price increases.

But the economy is self-balancing. If all prices went up but wages didn't, demand would drop. This would force prices back down. OR, people would fight for higher wages so that they could afford to maintain their lifestyle. And that's what most working people do: fight for better wages, which makes goods more expensive, so they fight for more wages, which makes goods more expensive. And so on. Welcome to economics 101.

I know you said you are much more well-versed in economics than me, but your gas price "quote" of $1.86 shows you don't know nearly as much as you think.

I'll ask you: When gas dropped to $1.88 for one day (May 4th 2020) with the tanking economy, how many thousands of gallons did you buy, so that you could claim this price as THE price you paid for gas during the Trump administration? I'm thinking 8,000 gallons if you are the average American using 40 gallons a week.
If your holding tank isn't that big, how did you pay $1.88/gallon for four years, when the rest of the country was paying a lot more?

I'll say this: If you want to claim you understand the economy better than me, don't do foolish things like cherry-picking a single day as a representation of a 4-year span.

If you can reach your keyboard, go ahead and tell me what the plan is for Trump to magically fix everything, speak to your data cherrypicking, and explain how the price of gas is 25% higher for you now.

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Holy heck, dude!!!

I already gave you an example of one of the things he was going to do. Does lowing overhead expenses ring a bell? If not, go back to what I wrote yesterday. He is also working with manufacturers on returning the US. That will bring more jobs.

You really want to know how he is going to make our financial lives better? Revisit 2019 before Biden screwed it all up.

As for gas prices being $1.86 and are now $2.50 per gallon, which adds up to a 25% increase, you literally just wrote that with your last graph? Are you not seeing what your typing? YOU ARE THE ONE THAT SHOWED THOSE NUMBERS!!! HOLY CRAP!

Not only do I have to explain economics to him, I also have to teach him about the things he posts.

Again, what was Kamala's plan?

 

[ThxOne Premium Member]

Holy heck, dude!!!

I already gave you an example of one of the things he was going to do. Does lowing overhead expenses ring a bell? If not, go back to what I wrote yesterday. He is also working with manufacturers on returning the US. That will bring more jobs.

You really want to know how he is going to make our financial lives better? Revisit 2019 before Biden screwed it all up.

As for gas prices being $1.86 and are now $2.50 per gallon, which adds up to a 25% increase, you literally just wrote that with your last graph? Are you not seeing what your typing? YOU ARE THE ONE THAT SHOWED THOSE NUMBERS!!! HOLY CRAP!

Not only do I have to explain economics to him, I also have to teach him about the things he posts.

Again, what was Kamala's plan?

Kamala's plan... to giggle and laugh, dodge the questions, hide out and when told, have press conferences where she does weird things with her hands while smiling and giggling.