Schumer in an eco class ? About as much chance of that as him going to Sunday school.Dirty Mikes Boyz said:
Schumer must've never heard of a "lagging indicator" in his economics classes
CPI hot at 0.5%
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Last: 11 days ago by will25u
Schumer is a lying piece of garbage.Dirty Mikes Boyz said:
Schumer must've never heard of a "lagging indicator" in his economics classes
Well considering the democrats chief economist under Biden (Jared Bernstein) got his degree in fine arts from Manhattan School of Music, I'm thinking none of them attended an Economics class.
young eugene said:
Fed cut rates too soon!
Free money is what caused this mess.
Rate cuts are going to make it worse.
The problem is that the government needs rates to be artificially low or it makes paying the interest on all those Treasury notes too expensive.
Unless spending comes way way down we are ****ed.
At this point the US is the equivalent of a person who uses one credit card to pay off another and then moves the balance of that credit card to another one every 3 mo the while barely being able to keep up with the minimum payment due.
You can only do that for so long before the creditors get tired of it.
throw out a few million illegals...BoydCrowder13 said:
Most of the increase came from shelter costs. Rents are up 4.6% YoY. Vacancies still near lows. We've got a housing issue.
more supply and less demand for housing
prices go down
kill two birds with one stone!
The CPI is probably still too low. I don't mean that as a dig at Trump but that calculation has absolutely failed to account for the true inflationary costs. From staple foods like eggs and ground beef to rent to electricity.
What would be funny is if the FED cut rates and bond yields shot UP again, just like in September.Ags4DaWin said:young eugene said:
Fed cut rates too soon!
Free money is what caused this mess.
Rate cuts are going to make it worse.
The problem is that the government needs rates to be artificially low or it makes paying the interest on all those Treasury notes too expensive.
Unless spending comes way way down we are ****ed.
At this point the US is the equivalent of a person who uses one credit card to pay off another and then moves the balance of that credit card to another one every 3 mo the while barely being able to keep up with the minimum payment due.
You can only do that for so long before the creditors get tired of it.
Real world doesn't care about the FED. But the FED absolutely cares about the bond market which is why their actions ALWAYS follow what the bond market does.
Kamala must be all
Inflation is TRANSITORY!
Karoline Leavitt decimated the media’s attempt to pin Biden’s inflation on President Trump.
— Media Lies (@MediasLies) February 12, 2025
Trump was in office for less than 11 days in January; the inflation report clearly reflects Biden’s mess.
"The Biden admin indeed left us a mess to deal with.”
"The prior administration… pic.twitter.com/iVpNkrxjBy
will25u said:
Inflation is TRANSITORY!Karoline Leavitt decimated the media’s attempt to pin Biden’s inflation on President Trump.
— Media Lies (@MediasLies) February 12, 2025
Trump was in office for less than 11 days in January; the inflation report clearly reflects Biden’s mess.
"The Biden admin indeed left us a mess to deal with.”
"The prior administration… pic.twitter.com/iVpNkrxjBy
While this inflation print in 100% on the prior administration, that talking point won't hold water forever.
Especially since Trump's reaction today was to demand we further cut rates.
Plus he kept saying prices would be lowered on "Day One" in office.
Inflation was the primary killer of the Democrats these past 4 years. I'm interested to see how Trump handles it.
He is trying to root out wasteful spending and outright theft, which would help. Democrats are trying to stop him. They love theft.Quote:
Inflation was the primary killer of the Democrats these past 4 years. I'm interested to see how Trump handles it.
If you believe some of the DOGE stuff from their look into USAID, it seems like maybe they ARE the thieves.Ellis Wyatt said:He is trying to root out wasteful spending and outright theft, which would help. Democrats are trying to stop him. They love theft.Quote:
Inflation was the primary killer of the Democrats these past 4 years. I'm interested to see how Trump handles it.
I believe it. And yes, they are.A. G. Pennypacker said:If you believe some of the DOGE stuff from their look into USAID, it seems like maybe they ARE the thieves.Ellis Wyatt said:He is trying to root out wasteful spending and outright theft, which would help. Democrats are trying to stop him. They love theft.Quote:
Inflation was the primary killer of the Democrats these past 4 years. I'm interested to see how Trump handles it.
Kick them all out of the country and their republican brethren on the take right along with them.
BoydCrowder13 said:will25u said:
Inflation is TRANSITORY!Karoline Leavitt decimated the media’s attempt to pin Biden’s inflation on President Trump.
— Media Lies (@MediasLies) February 12, 2025
Trump was in office for less than 11 days in January; the inflation report clearly reflects Biden’s mess.
"The Biden admin indeed left us a mess to deal with.”
"The prior administration… pic.twitter.com/iVpNkrxjBy
While this inflation print in 100% on the prior administration, that talking point won't hold water forever.
Especially since Trump's reaction today was to demand we further cut rates.
Plus he kept saying prices would be lowered on "Day One" in office.
Inflation was the primary killer of the Democrats these past 4 years. I'm interested to see how Trump handles it.
I have two estimates for a current project IN HAND that are lower than the initial 2024 amount.
Also, received information this morning that another 2024 estimate for this same project will not increase normal minimum of 3% due to being over 30 days.
Real world, real talk. #receipts #citation
Eggs are a little over $5 a dozen in Corpus. As I recall, it takes about 90 days from hatching to laying for a new bunch of hens.
Being in TexAgs jail changes a man……..no, not really
Bidenflation continues!
perhaps DOGE can help reduce it.
perhaps DOGE can help reduce it.
BREAKING: January PPI inflation unexpectedly RISES to 3.5%, above expectations of 3.2%.
— The Kobeissi Letter (@KobeissiLetter) February 13, 2025
Core PPI inflation was 3.6%, ABOVE expectations of 3.3%.
PPI inflation is now at its highest since February 2023 while CPI jumped +0.5% month-over-month.
The "Fed pivot" is over. pic.twitter.com/cRk1DhKbFH
Wow! Biden has handed Trump an absolute mess.
Huge upward revisions to PPI. Almost as if the previous administration wasn't being exactly honest how bad inflation is pic.twitter.com/rXmxHaq8LM
— zerohedge (@zerohedge) February 13, 2025
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