Is Joe the next Jimmy Carter ??

[Mikado463]

45 years ago I was a young newlywed but there are for sure some signs of concern .............

 

[lovinthehd]

I certainly had no issues back then, just glad we had an intelligent actual human being in charge rather than someone being blamed personally for conditions outside his control. I still have yet to see a republican since to be a better human being....

 

[Dude#1279435]

A really daft argument. No mention of covid being a contributor. It's been a problem over the last year, including when Dump was president and at the time Joe wasn't. $200 french fries were sold in NY. And how does that reflect the rest of the economy???? It isn't like McDonalds is doing that. House prices are high because demand is high while inventory is low. One person I talked to believes it will plateau in six months. I'm not going to argue the Dems spending, but this piece is dumb.

Get this: our politicians are stealing $300 million of our money an hour! An amazingly lazy argument.

 

[Trell]

A really daft argument. No mention of covid being a contributor. It's been a problem over the last year, including when Dump was president and at the time Joe wasn't. $200 french fries were sold in NY. And how does that reflect the rest of the economy???? It isn't like McDonalds is doing that. House prices are high because demand is high while inventory is low. One person I talked to believes it will plateau in six months. I'm not going to argue the Dems spending, but this piece is dumb.

Get this: our politicians are stealing $300 million of our money an hour! An amazingly lazy argument.

Thank you for watching so I did not have to.

 

[highfigh]

A really daft argument. No mention of covid being a contributor. It's been a problem over the last year, including when Dump was president and at the time Joe wasn't. $200 french fries were sold in NY. And how does that reflect the rest of the economy???? It isn't like McDonalds is doing that. House prices are high because demand is high while inventory is low. One person I talked to believes it will plateau in six months. I'm not going to argue the Dems spending, but this piece is dumb.

Get this: our politicians are stealing $300 million of our money an hour! An amazingly lazy argument.

Noooooo, someone actually paid $200 for fries? That just shows their stupidity. They could have paid someone to go to their house to make them, or go to a store, buy a deep fryer, oil, potatoes, etc and still have money left over.

Lumber has already dropped- I'm working on a house and was talking about this with the builder, who said the price of studs has dropped to half of what he paid at the beginning. I have heard that limber prices will be back to within ~20% of the pre-COVID jump.

WI Gov Tony Evers has said that he doesn't believe people were paid to stay at home. Well, believe it- lots of jobs available and nobody want to go to work. In fact, the Milwaukee Buck is busing hundreds of workers in, to work in food service for the Bucks playoff games- they want people who don't need much training and people in WI aren't responding to the jobs.

People are trainable. If you tell them to stay home and pay them, you can bet they'll prefer that to going to work.

 

[Mikado463]

I certainly had no issues back then, just glad we had an intelligent actual human being in charge rather than someone being blamed personally for conditions outside his control. I still have yet to see a republican since to be a better human being....

run-a-way inflation of the time you didn't see as an issue ? you would be in a minority on that one I think.

I bring this thread up for discussion more to see/get opinions as to inflation concerns, will they be short or long term ?

As for Carters mark on History, he will never be considered amongst the great Presidents but like you've said and I've stated many times before, no President has done more with what the office of POTUS has given him with respect to humanitarian endeavors post-presidency than Carter. I will also add the drafting of the Staggers Act under his term was a major accomplishment that helped to save my industry.

 

[GO-NAD!]

run-a-way inflation of the time you didn't see as an issue ? you would be in a minority on that one I think.

I bring this thread up for discussion more to see/get opinions as to inflation concerns, will they be short or long term ?

As for Carters mark on History, he will never be considered amongst the great Presidents but like you've said and I've stated many times before, no President has done more with what the office of POTUS has given him with respect to humanitarian endeavors post-presidency than Carter. I will also add the drafting of the Staggers Act under his term was a major accomplishment that helped to save my industry.

I've stated before that I feel Carter is quite underrated as president.

 

[Mikado463]

I've stated before that I feel Carter is quite underrated as president.

History and time are usually kind, again, his underrated status was in post-presidency IMO.

 

[Trell]

I've stated before that I feel Carter is quite underrated as president.

His administration also turned right in economics (gee, can't find that excellent article I read, I'll go hunting later) and the Social democrats in Europe did the same shortly after or at the same time. This was the time when they turned to free markets theories and made huge deregulations, some good some very bad setting the stage for financial crises to come as well depressed real earnings.

 

[GO-NAD!]

I think Carter was a victim of circumstances. OPEC doubles oil prices overnight, triggering crippling inflation - that'll put a dent into an administration that's hard to buff out. The Iran hostage crisis hurt him, but that wasn't his fault either.

Deregulation of the airline industry has been a mixed bag, but deregulating the beer industry was a resounding success, as it fostered the emergence of micro-brewing. He tried to reform health care to improve access and coverage, but it was defeated.

He brokered the Israeli-Egyptian peace agreement, which is a much bigger deal than may be appreciated nowadays. It has prevented any more major wars between Israel and her neighbours. I mean, who would dare go to war with Israel again without Egyptian help?

His major problem was his inability to "go along, to get along" and play the back-scratching game, which lost him support within his own party. It's his personal integrity that stands out for me.

Plus, he was a fellow submariner, which absolves him of all sin.

 

[lovinthehd]

run-a-way inflation of the time you didn't see as an issue ? you would be in a minority on that one I think.

I bring this thread up for discussion more to see/get opinions as to inflation concerns, will they be short or long term ?

As for Carters mark on History, he will never be considered amongst the great Presidents but like you've said and I've stated many times before, no President has done more with what the office of POTUS has given him with respect to humanitarian endeavors post-presidency than Carter. I will also add the drafting of the Staggers Act under his term was a major accomplishment that helped to save my industry.

No it wasn't much of an issue for me or our family. We certainly will face more inflation, and a good chunk of that blame is on drumphy/republican shoulders for their horrible reaction to covid.

 

[Dude#1279435]

No it wasn't much of an issue for me or our family. We certainly will face more inflation, and a good chunk of that blame is on drumphy/republican shoulders for their horrible reaction to covid.

The WH lawn party. The Woodward Tapes. The Freedom Riders. Those were a smidgen compared to if Trump had full control over the country.

 

[Dude#1279435]

Thank you for watching so I did not have to.

It was painful, but you're welcome.

My issue with the OP isn't with inflation per se but rather the source he uses. I'd have gone for WSJ, Wash Times, an Economist, or someone on youtube who sounds like they know something. Mr. Crusty speaking sounds like he's pulling poop out of an episode of the Twilight Zone. Its just propaganda. There wasn't even 'one foot on the ground'.

 

[Dude#1279435]

Noooooo, someone actually paid $200 for fries? That just shows their stupidity. They could have paid someone to go to their house to make them, or go to a store, buy a deep fryer, oil, potatoes, etc and still have money left over.

Lumber has already dropped- I'm working on a house and was talking about this with the builder, who said the price of studs has dropped to half of what he paid at the beginning. I have heard that limber prices will be back to within ~20% of the pre-COVID jump.

WI Gov Tony Evers has said that he doesn't believe people were paid to stay at home. Well, believe it- lots of jobs available and nobody want to go to work. In fact, the Milwaukee Buck is busing hundreds of workers in, to work in food service for the Bucks playoff games- they want people who don't need much training and people in WI aren't responding to the jobs.

People are trainable. If you tell them to stay home and pay them, you can bet they'll prefer that to going to work.

Ore-ida baby!
Are you doing a house flip?
They can't find people because they're making more staying home. I can't really blame them or gov't to the end because during lockdown they didn't have any choice but to bailout. Having said that, another payment seems ludicrous. September the benefits end where I live.

 

[Mikado463]

It was painful, but you're welcome.

My issue with the OP isn't with inflation per se but rather the source he uses. I'd have gone for WSJ, Wash Times, an Economist, or someone on youtube who sounds like they know something. Mr. Crusty speaking sounds like he's pulling poop out of an episode of the Twilight Zone. Its just propaganda. There wasn't even 'one foot on the ground'.

LOL, not my gospel being preached, threw it out there for discussion. So if you want to counter it with a WSJ article by all means do so. More importantly and where I thought the discussion might go is , again, long or short term ?

 

[highfigh]

Ore-ida baby!
Are you doing a house flip?
They can't find people because they're making more staying home. I can't really blame them or gov't to the end because during lockdown they didn't have any choice but to bailout. Having said that, another payment seems ludicrous. September the benefits end where I live.

Have you seen anything about the proposed $3.5T 'Human infrastructure' bill? It includes far more than that, but, really?

MSN

www.msn.com

 

[lovinthehd]

Have you seen anything about the proposed $3.5T 'Human infrastructure' bill? It includes far more than that, but, really?

MSN

www.msn.com

Better than drumphy's absolute lack of infrastructure being addressed....

 

[Dude#1279435]

Have you seen anything about the proposed $3.5T 'Human infrastructure' bill? It includes far more than that, but, really?

MSN

www.msn.com

I've heard about it, so here comes the spending.....2022 will be an interesting election year.

 

[Dude#1279435]

LOL, not my gospel being preached, threw it out there for discussion. So if you want to counter it with a WSJ article by all means do so. More importantly and where I thought the discussion might go is , again, long or short term ?

What I meant is YOU have to provide those sources. I'd guess I'd lean long term. Some of the criteria for inflation is confusing to me. Its common sense to me if the economy has slowed down prices will go up above their true value.

 

[highfigh]

What I meant is YOU have to provide those sources. I'd guess I'd lean long term. Some of the criteria for inflation is confusing to me. Its common sense to me if the economy has slowed down prices will go up above their true value.

Supply & demand dictate prices, most of the time- boats and RVs are inflated beyond normal, mainly because the demand is abnormally high but scarcity of components is also at play. Cars were already ridiculously high, but now, electronic component scarcity has caused supply problems. Food prices are much higher- not sure if farms reduced planting/production or if transportation is causing it, but June diesel fuel price is up 80 cents per gallon since June, 2020 and gasoline is up roughly 40%. Lower demand should cause prices to drop unless supply is too low- it's more than just COVID that's causing this.