Current events discussion

AOC the future


No more Queen Kamala??? They got 2 young socialists elected, so it makes sense to go AOC & Bearnie. At least they can change the platform from Orange Man bad to "Free Shit for Everybody"!!! If you thought inflation was bad under Biden, or perhaps you're one of the libtards who thinks current inflation levels under Trump are bad, just wait for AOC levels of inflation.
 
They don't? Then why did you?

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Read my post again:

They're the actual numbers. They don't use inflation-adjusted numbers to state the debt.
If they did, they'd be saying the debt in 1980 was $3.6 Billion, and not the $900 Million they state it as, and so on.

They might use inflation adjustments to make valid comparisons of data (like when they compare the cost of a car today versus 20 years ago), but you can see the actual figures and do the comparison math to verify.

Look closer so you can understand the difference between reporting nominal values, and values adjusted for differences in time.

Try it this way:
Use auto gas as an example.
The 1985 average price of gas was $1.20 a gallon
The 2024 average gas price was $3.30

A quick look at those numbers says "in 2024, gas was more expensive than 1985". Of course it was, the number in 2024 was BIGGER. Right?
But that evaluation would be wrong. It's comparing apples to oranges

Adjusted for inflation, the 1985 price of gas was $3.69/gallon.
That means gas in 2024 was actually cheaper than it was in 1985.

Comparing a debt change in 1950 to a debt change in 2020 by dollar figures would be silly, just like comparing the wages of a fast food worker in 1970 to one in 2025 would be silly. There is no context for the numbers to be compared, or make sense.

Adjusting for inflation gives the necessary common denominator to show what really happened, as opposed to what nominally happened.

"But ours go to eleven" is a great comedic representation of a lack of context in comparing things.
 
Ok what was your point?
That you are dead wrong in thinking that if society collapsed tomorrow, it would be the end of civilization.

Prior to Trump 1.0, when the SHTF, we all pulled together against the common enemy, regardless of what the enemy was.
Hopefully one day we can get back to that way of life, but in the meantime, people still do it. Albeit they do it on a lesser scale. Maybe lessons will be learned by the recent past.
 
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It also hides exactly what the fed reserve has done to the buying power of the American people...
It doesn't accurately reflect real inflation - ask anybody that lived in 2021-2022. Keep in mind that CPI allegedly includes housing, automobiles and insurance so "they" are saying inflation averaged ~4% from 2020-2023 including all those high ticket items. Or to put it another way, inflation during that 3 year period was a ~1.5-2.5% higher than "average". And we're supposed to believe that. I wonder how they treated people who were unable to obtain (home owner's) insurance - just zero them out to make inflation look tamer than it was?

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