Inflation and the Election

[Evangelicalhumanist]

Why do think that is?

I won't pretend to be able to see into Trump's mind -- since I don't think even he has a coherent grasp of what's in there.

 

[tytlyf]

Oh there's plenty of blame to go around. Here's the deal: For some weird reason, EVERYTHING is WAY more expensive than it used to be. I mean, I think that's odd. But there it is.

And Biden has nothing to do with it. Don't you understand that prices across the WORLD are even higher than ours?
If anything, Trump's incompetence and mismanagement of the pandemic led to longer shutdowns and disruptions. More deaths.
Thus hurting corporations and supply chains for longer periods of time than should have happened.
The longer the shutdown and disruption, the higher the prices and inflation.
The reason prices are high is because corporations lost a lot of money during those 2 years and are making it all up now.
It has nothing to do with Biden, if anything he's helped get the prices lower more so than what Trump would have been able to accomplish.

 

[Valjean]

No the US didn't overreact in fact people are spot on with today's hardships and inability to even afford the basics.

But these rising prices for housing, education, healthcare, &c -- the basic cost of living -- began as post-Reagan, Republican initiatives. There was no "trickling down." Their Neo-liberal economic policies have stagnated wages while decimating the social safety net. Deregulation and free trade have enabled the current corporate hegemony that enabled pricing indexed to what the public can bear, rather than actual cost of services or commodities.

The hardships are real; the complaints justified, but the political and historical blame has been misapplied. People are voting against their own best interests.
Lewis Powell's agenda has succeeded.

 

[Twilight Hue]

It was an election of the low-information voter. And Dems didn't turn-out the vote.

Far too many voters blamed Biden for inflation and higher prices, when it wasn't his fault at all.
If Trump won in 2020, the same inflation and higher prices would have happened. It didn't matter who the president was.

It seemed that this election was based on falsehoods and people who have zero interest in learning the truth

Feelings over facts. The next 4 years will be a real test for America. They voted for chaos

Or give me a freaking break with that high sanctimonious attitude that only the adequately informed knows better than the rest of the dumb stupid 'uninformed' populace.

People know the real deal and all the necessary information is there in real time.

That's exactly why Trump won and we are going to see exactly what happens 4 years down the road , with the same question asked if are you better off now , than you were 4 years ago.

 

[Twilight Hue]

But these rising prices for housing, education, healthcare, &c -- the basic cost of living -- began as post-Reagan, Republican initiatives. There was no "trickling down." Their Neo-liberal economic policies have stagnated wages while decimating the social safety net. Deregulation and free trade have enabled the current corporate hegemony that enabled pricing indexed to what the public can bear, rather than actual cost of services or commodities.

The hardships are real; the complaints justified, but the political and historical blame has been misapplied. People are voting against their own best interests.
Lewis Powell's agenda has succeeded.

You know I think it's time to get rid of the Reaganomics b*******. Regan presidency started in 1981 and ended in 1989. That was 35 years ago!

 

[Evangelicalhumanist]

And Biden has nothing to do with it. Don't you understand that prices across the WORLD are even higher than ours?
If anything, Trump's incompetence and mismanagement of the pandemic led to longer shutdowns and disruptions. More deaths.
Thus hurting corporations and supply chains for longer periods of time than should have happened.
The longer the shutdown and disruption, the higher the prices and inflation.
The reason prices are high is because corporations lost a lot of money during those 2 years and are making it all up now.
It has nothing to do with Biden, if anything he's helped get the prices lower more so than what Trump would have been able to accomplish.

I sincerely wish more members will watch that video -- it is very well presented.

 

[tytlyf]

People know the real deal and all the necessary information is there in real time.

This election proved people don't know ****. I bet you think Biden caused the inflation and higher prices.

 

[Twilight Hue]

This election proved people don't know ****. I bet you think Biden caused the inflation and higher prices.

Of course the Biden Administration caused inflation just like any other politician that is irresponsible and incompetent.


Now they can't control inflation or the market, but they can certainly can drive it in directions people might not like through gross incompetent spending and heavy-handed regulatory environments that do nothing but drive up prices and create incredible hardship for people.

 

[tytlyf]

Of course the Biden Administration caused inflation just like any other politician that is irresponsible and incompetent.

Incorrect. You proved my point. Biden doesn't control the world inflation.
And you know if Trump won in 2020 the inflation would be the same or higher.

 

[Twilight Hue]

Incorrect. You proved my point. Biden doesn't control the world inflation.
And you know if Trump won in 2020 the inflation would be the same or higher.

Shows how little you really do pay attention to things. I never said control inflation, I said he caused inflation. I also noticed you added in world inflation now.

 

[Subduction Zone]

Oh there's plenty of blame to go around. Here's the deal: For some weird reason, EVERYTHING is WAY more expensive than it used to be. I mean, I think that's odd. But there it is.

I used to have a lot of money and now I just have an average amount of money. At least I am not poor - yet.

Yes, and economists know why. I listen to experts in the field. If it was just Biden's fault it could be traced to specific legislation of his. But no one on the anti-Biden side can do that. It would also be an America only problem and it is not. It is a worldwide problem. That means that is how we can tell it was not in reality due to the activities of only one world leader. If you want to blame something blame the pandemic.

Do you think that Biden controls all of the economies of the world? That would be quite the feat.

 

[F1fan]

I think you are wrong about one thing: nobody is "victimized by disinformation." Their wounds are self-inflicted, because they won't make the effort to really inform themselves -- and all the resources they need are readily available. And free.

I say they are victimized only because there is someone deliberately creating disinformation for a cause that goes against facts and truth, and they buy into it. That they are the co-conspirators against themselves is due to the lack of critical thinking skills that they don't realize they lack.

 

[F1fan]

Oh there's plenty of blame to go around. Here's the deal: For some weird reason, EVERYTHING is WAY more expensive than it used to be. I mean, I think that's odd. But there it is.

I used to have a lot of money and now I just have an average amount of money. At least I am not poor - yet.

There are plenty of articles available for free that offer explanations of how inflation was caused by consequences of the pandemic, mostly from supply problems. It was a global phenomenon. Biden was one of the few world leaders to mitigate the effects.

 

[Valjean]

Or give me a freaking break with that high sanctimonious attitude that only the adequately informed knows better than the rest of the dumb stupid 'uninformed' populace.

People know the real deal and all the necessary information is there in real time.

That's exactly why Trump won and we are going to see exactly what happens 4 years down the road , with the same question asked if are you better off now , than you were 4 years ago.

"Adequately Informed" people are better informed -- and likely to make better decisions -- than people getting their news on social media or Fox News.

Few people are reading books, newspapers or news magazines these days. Few are conversant with the history of authoritarian politics in the world. They don't recognize the symptoms.
Few Americans know their own political history. They misjudge the history and causes of their problems. They're not aware of how similar problems were handled in the past, how other countries have handled them, and what worked and what didn't.

What is "all the necessary information?" I don't think many people are getting it.

 

[Valjean]

You know I think it's time to get rid of the Reaganomics b*******. Regan presidency started in 1981 and ended in 1989. That was 35 years ago!

The past created the present. The Guilded Age. Trust Busting. The Palmer Raids. The New Deal. The Red Scares. McCarthyism. The Civil Rights, Women's Liberation and Anti-war movements. The popular backlash against progressivism and the Powell Manifesto. The resurgence of the Guilded Age style Robber Barons and transition from Keynesian to Neo-Liberal economics with the Reagan Revolution -- These movements and crises created today's political and social situation. Politically literate Americans should be familiar with them -- their causes and aftermaths. Historical memory -- and not just of our own history -- should inform our political decisions.

The past created the present. Thirty five years is nothing.
The Guilded Age. Trust Busting. The Palmer Raids. The New Deal. The Red Scares. McCarthyism. The Civil Rights, Women's Liberation and Anti-war movements. The popular backlash against progressivism and the Powell Manifesto. The resurgence of the Guilded Age style Robber Barons and transition from Keynesian to Neo-Liberal economics with the Reagan Revolution...

These movements, situations, and crises created today's political and social situation. Politically literate Americans should be familiar with them -- their causes and aftermaths. Historical memory -- and not just of our own history -- should inform our political decisions.

Let's not be myopic. Forget or dismiss history and you're likely to repeat the mistakes of the past, miss symptoms of impending crises, and forgo effective solutions.

 

[Valjean]

Of course the Biden Administration caused inflation just like any other politician that is irresponsible and incompetent.

Evidence, please.
What do you have to counter the facts presented in Tytlyf's link in post #22?

 

[Subduction Zone]

Of course the Biden Administration caused inflation just like any other politician that is irresponsible and incompetent.


Now they can't control inflation or the market, but they can certainly can drive it in directions people might not like through gross incompetent spending and heavy-handed regulatory environments that do nothing but drive up prices and create incredible hardship for people.

And yet the only program that you could name was one that was the same as what Trump had to do while he was President. Your inconsistency in reasoning tells us that you do not understand at all.

 

[Twilight Hue]

And yet the only program that you could name was one that was the same as what Trump had to do while he was President. Your inconsistency in reasoning tells us that you do not understand at all.

Nope that is all just you thinking that.

And just who exactly is "us"? All the voices in your head going yep yup yup yep?

Do you even bother to read your own post?

 

[Subduction Zone]

Nope that is all just you thinking that.

And just who exactly is "us"? All the voices in your head going yep yup yup yep?

Do you even bother to read your own post?

No, I specifically challenge you and that was the only program that you mentioned. Don't blame others for your failures.

You appear to be getting mad because you are wrong.

 

[Heyo]

Throughout the election, the complaint I saw most was about inflation, which in the U.S. got up to about 9%, and lasted less than 2 years.

The economy was the proclaimed reason for voting for trump. I suspect it wasn't. It is just a "reasonable" excuse. Nobody would give "I'm a xenophobic, racist, misogynistic authoritarian" as a reason.