Inflation puts a strain on grocery shopping for Americans

FFS man. How much of the “2021 spending” was approved by the Trump in 2020? You keep posting what the fed is spending and keep ignoring why they are spending it.

 

That was NOT the case when the dems voted for the money and you know it.

 

Just about everything becomes obsolete eventually so I'm guessing your point is don't bother train for todays and future skills?

 

I'nm just a keyboard enthusiast like everyone else here and have no control over anyone. Companies are offering more pay for unskilled jobs now because people are choosing not to return to low wage jobs. If we want to keep our high standard of living here in America we need to pay workers more so they can enjoy the same standard many of us enjoy. Be charitable and open your wallet to help others out.

 

The growth of the GDP is the sum of all the factors of growth (or decrease) of a country.

Domestic consumption accounts for 60% of the US economy.

So, if domestic consumption is growing strongly, there is an upward pressure on prices and therefore, inflation.

This is what we are experiencing right now.

 

If you want one and done training, choose wisely.

 

And always do the job to the best of your ability regardless of the pay that was agreed on. No one knows the future.

 

Prices, not inflation. Inflation is a decline in the value of currency from government increasing the money supply. Sorry I had to repeat.

 

The first thing Biden did was issue more executive orders countermanding any Trump action that he he did not desire to be carried out. Then they promptly passed and signed another $1.9T which we all warned would like an inflation disaster, and they all dismissed claiming it would unleash prosperity.

Now the economy is being burned down by inflation, just as we all warned.

Yes. You falsely claimed it was 67% less than previous year when actually it's tracking to be 6% MORE. You're claim is off by 320%. How can you claim any credibility when your "facts" are off by 320%? But the biggest problem voters have with Biden and the Democrats is that they are STILL not trying to fix the inflation causing overspending, just passed another $Trillion+ in spending and immediately demanded another $1.75T in more spending.

They keep creating problems and then demand the worst possible policy action in response, all while trying to spin that someone else is responsible for their own actions. This is a complete disaster, with the Dems fighting for more $Trillions in spending like Hunter fighting for his next fix.

There Ain't No Such Thing as a Free Lunch (TNSTAAFL): Kamala Harris Just Told Taxpayers An Embarrassingly Blatant Lie.

“‘There is also a point that is important to make on the Build Back Better framework... it is designed to make it less expensive for working people to live,’ Harris said. ‘And Build Back Better is not going to cost anything, we’re paying for it.’ ‘When we can get Build Back Better passed, and we are optimistic that we will, the American people will see costs actually reduced around some of the most essential services,’ she continued. ‘So, that is a big part of our agenda, and I think it’s important to also stress that it’s not going to cost anything for the American taxpayer.’ That’s right: The vice president is claiming, with a straight face, that the Biden administration’s plan to spend trillions on climate change and welfare policies costs nothing and that taxpayers will be unaffected. She literally said, ‘it’s not going to cost anything, we’re paying for it.’”

They are burning the country down and pouring more and more gas on the fire while lying and claiming that the gasoliine will extinguish it.

​

 

Why and how are they able to choose not to work? Because through government fiat they are being paid to not work. That should have stopped back last Spring. "We" don't need to pay workers anything, it is employers who pay people. You want more pay then make your labor worth more. And we are already a HIGHLY charitable country. both through the private sector and government sector.

If YOU want to pay people more than their labor is worth then YOU start a company and do so.

 

Yes it was the case, unemployment had already dropped DRASTICALLY and the 3rd and 4th quarters had huge GDP growth. We had an almost record abundance of jobs available. Biden's NEW spending that was passed was for buying votes and their scheme to raise wages by the government entering into market competition for the available labor force by paying them more not to work. THAT has helped feed inflation.

 

In Regards to This Part, and I Quote:

"There Ain't No Such Thing as a Free Lunch (TNSTAAFL)"

Why would that 9-Word Phrase translate into an 8-word Abbreviation?

Shouldn't that be:

TANSTAAFL? (9 Letters)?

You left out the "A" as the second letter.

Just a suggestion for next time.
When one makes up a cutesy abbreviation to throw shade at a politician, at least make an attempt to have the number of letters in the abbreviation match up with the actual number of words in the phrase being abbreviated.
Thx in advance.

And, back on-topic, obviously inflation is a problem that has put a strain on grocery shopping for Americans.

But, anybody blaming this current wave of inflation on Biden (exclusively) is egregiously misinformed.

Most of it is being caused by things that Biden has no control over.

Most Inflation Is Caused By Things That Biden Has No Control Over.
(MIICBTTBHNCO) 12 Words = Abbreviation 12 Letters.

 

Hey, they're just fattening up the cats! You ever eat cat meat? Over in Asia, it's considered a delicacy, if you can even find it!

. "THIS year consider something, uh, different for Thanksgiving...!"

 

Inflation is the decline of purchasing power of a given currency over time. ... The rise in the general level of prices, often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods.

The fact that the government increases the money supply can create inflation, but not always.

It is really the fluctuation in demand that is the main contributor to inflation.

 

That is partially incorrect. What causes inflation is government "inflating" the money supply. It causes a decline in purchasing power because it devalues the currency. That is correct. Prices don't increase as they would with a supply/demand situation or a price increase in the cost of materials to manufacture a product for instance. The value of a product purchased is the same. The prices are merely adjusted to compensate for the lower value of the currency. The problem with inflation is not higher prices. The problem is with lower currency value as your quote indicates correctly.

People often relate inflation with prices. It is easy to understand because you need more inflated dollars to pay what fewer inflated dollars were involved before the inflation. The price and value doesn't really increase. You are paying with less valuable dollars so you need more dollars to make the purchase. So I would say your quote is accurate except for the part you colored in red.

I nitpicked your post mostly to correct the misinformation I read about all the things that cause inflation, almost none of which actually cause inflation. Virtually the only cause of inflation is government, not economic pressures. At the same time we are experiencing inflation currently we are also experiencing a supply/demand problem. We have normal to high demand and product shortages. Those are actual price increases. They aren't caused by government but rather by market forces. The supply/demand price increase is temporary. The problem will fix itself. The inflation, on the other hand, is permanent. It doesn't go away. Government never allows monetary deflation so this inflation will just be added to past inflation. Price increases and inflation aren't the same thing. They aren't caused by the same sources and they don't result in the same consequences. Our current double whammy is quite expensive because there are temporary price increases coupled with permanent devaluation of the dollar. Government needs to stop inflating the money supply immediately or things will get worse. Government can't fix the supply/demand problem but is certainly can fix the inflation.

 

INFLATION CONTINUES TO RAVAGE FAMILY BUDGETS: BLUE STATE BLUES: California Gas Price Averages Soar to All-Time Record High.

The Environmental Religious Cult now holding both elected and appointed positions imposes their religious beliefs via government force.

"California gas prices rose to a record-setting high average of $4.676 per gallon for regular gasoline, according to the American Automobile Association (AAA). The previous record average price of $4.671 was set in October 2012."

Previous record was during Obama/Biden. Biden's first acts were to cripple our domestic energy production and now he is begging OPEC to increase production, and, they don't feel like it.

We're screwed until the elections.

 

Kudos to this Democrat administration for beating the record held by the previous Democrat administration

I sure am impressed with the records set by Democrats

Oi Vay

Democrat votes have consequences; never good

 

I believe that Yiddish phrase is spelled OY VEY...

Assuming of course, that was your intent..
I have never heard of "Oi Vay"...

Obviously, inflation is a strain...
Nobody likes paying more for things...

 

BLUE ON BLUE: Obama economist Larry Summers slams Biden on inflation, ‘doesn’t look so transitory.’

"Summers has it on good authority not to underestimate Joe’s ability to **** things up."

https://pjmedia.com/instapundit/485241/

Biden's a total FU, he always has been even before the dementia, and he's irresistibly drawn to the most destructive possible choice.

 

JFC your being beyond obtuse.

Joe Biden signed a $1.9 Trillion dollar bill, yet you're claiming he spent more that 6% MORE than Trump who spent $7 Trillion.

Again, your posting numbers from the treasury that INCLUDE money approved by Trump to be spent in this fiscal year.

Odd that I didn't see you complaining when Trump spent $7 TRILLION in one year. OR when he added 8 Trillion tot he National Debt. Trump ALONE is responsible for 1/3 of ALL of the national debt

​

 

thanks

would you like to congratulate the current Democrat administration for beating the record previously held by the prior Democrat administration?

You should be proud of what your Democrat vote brought upon this nation; he's a record breaker!!!!!

 

Do you even read before you post ?

The monies that the dems voted for in 2021 was CONTINUATION, at the same amounts as what the repubs handed out.

So your saying that Trump was buying votes and scheming to raise wages in the private sector ?

 

this is a supply issue due to distribution issue

the pandemic changes the worlds buying patterns

 

Fake News. 3rd Quarter Personal Consumption Expenditures were only 1.6%

https://www.bea.gov/sites/default/files/2021-10/gdp3q21_adv.pdf

 

You will never convince people to spend more on principle. EVER.