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How Republicans Learned to Love High Prices

Discussion in 'BBS Hangout: Debate & Discussion' started by HP3, Mar 18, 2025.

  1. peleincubus

    peleincubus Member

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    Anger management escapes you.
     
    HP3 and astros123 like this.
  2. Kemahkeith

    Kemahkeith Member
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    Related to Donuts.
    I'm in the food business and got some samples of a new creme brulee donut yesterday.
    Prolly the best donut I have ever had.
    Thank you Rybelsus.
     
  3. astros123

    astros123 Member

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    The federal reserve literally just yesterday cut gdp growth in half and hiked inflation targets



    The economy is shrinking coz your cult leader and orange messiah is destroying the economy with hundreds of billions in tariffs.

    Braindead cult
     
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  4. Nook

    Nook Member

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    Right.

    It is a few thousand dollars more for a car..... maybe $25,000 more for new homes built.... an extra $25 a week on groceries.... vacation may cost you an extra couple hundred dollars..... going out to eat will be $10-15 more each time.... your Uber will cost you maybe $3-4 more a ride.... your health insurance maybe an extra $25.... Clothes an extra hundred dollars a few times a year.... but all of this is minor.... that above ground swimming pool maybe $250 more.

    It will only cost you an extra 10-15% more by the end of the year, but you got this.... maybe no raises, because people cannot afford as much before, but it's okay. If things get really bad there is always the social welfare net you have paid into for decades.... oh wait.... well there is Medicare and social security when your old.

    Well at least the debt is being paid down...... nope? How about tax cuts to make up for the increased costs? Only for the ultra-wealthy? Defense spending is down, right? The whole "no wars" thing right? You mean the defense budget has increased?

    Why does this sound more and more like a shell game for the ultra-rich to get richer and protect their wealth?

    At least there will be less foreigners though - at least until Musk starts pushing to bring in visa holders to take all of the white-collar jobs at half the salary because their immigration status depends on their employment.

    Hey - I guess ditch diggers and coal miners will be sitting pretty, at least until they get rid of that minimum wage. Then again with 30,000,000 less people in the USA maybe I can get a house in Phoenix Alabama cheap. With the cuts to the pandemic response team and RFK Jr. calling the shots on medicine, I am one bad pandemic from having my pick of homes in the Rust Belt or Dirty South.
     
  5. Nook

    Nook Member

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    Yeah, well Lenin didn't live to see social media and their associated algorithms.
     
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  6. juicystream

    juicystream Member

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    Publix eggs are $6.09 for me.
     
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  7. Invisible Fan

    Invisible Fan Member

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    I can see some appeal for reshoring and rebuilding America's manufacturing base. That's something the first Trump term started and even Biden added onto by whitelabeling it as BBB. If they want to confront China, then they'll need a supply chain and base that's at least proportionately as hearty as China's, but that'll take years or a focused decade in rebuilding. We can't even dump missiles into Ukraine because of that atrophied capacity.

    Housing/spending is out of whack for normal homeowners earning less than 250k, and 49% of all consumer spending is being propped up by the 10% who do. This is the consequence of wealth effects and an overly accommodative post-GFC Fed policy along with sustained hands-off neoliberal policies since NAFTA. Since Clinton, both parties has been geared towards catering and pumping out the ultra-wealthy.

    You can't even call it a K shaped economy anymore. The bottom 90% of earners are heading for an L pattern without government assistance.

    There are three or four things to juggle that are slowly rearing its ugly head on top of normal governance. Debt, entitlement crisis, China's manufacturing dominance, and the rising chance of stagflation.

    The orthodoxy hasn't resolved or addressed any of the first three issues in the past 20 years. Stagflation came about from Covid response to jumpstart the economy. So people elected "an outsider" like Trump who has literally two good years to make a dent on them and see what can and can't work. They don't care if he's an incompetently greasy and corrupt felon because of the last ~2 decades of pain since the GFC.

    Time to become god fearing if you aren't already.
     
    #27 Invisible Fan, Mar 20, 2025
    Last edited: Mar 20, 2025
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  8. No Worries

    No Worries Member

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    Why do economists with advanced degrees and decades of experience hate Trump?

    Why oh why.


     
  9. No Worries

    No Worries Member

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    Word on The Street is that vacations to US destinations are in low demand (thanks to good for nothing Canada!) and are selling at steep discounts.
     
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  10. CrixusTheUndefeatedGaul

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  11. juicystream

    juicystream Member

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  12. CrixusTheUndefeatedGaul

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    You need to get off your lazy keister and stop using the library’s free Wi-Fi. Your wife is busting her ass collecting cans to support you you’re no good bum.

    Your daddy Biden still has dementia you dipshit moron. Lol
     
  13. TheFreak

    TheFreak Member

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    Humans will not be making the things though.
     
  14. Buck Turgidson

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    Look at Johnny High School here punching down on those below him.
     
  15. juicystream

    juicystream Member

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    You should order from there then. They are selling everything at substantially less than the actual grocery store cost. Though when I checkout it says, those prices will vary based on actual cost and they charge me $50 in convenience fees. So sure.
     
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  16. isaacjunk

    isaacjunk Member

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    So true. In isolation I can see a world in which selective tariffs to bring back manufacturing is worth it. But when you see the whole picture of moves, the signal is much less towards strengthening the middle class and more towards the ultra wealthy.
     
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  17. adoo

    adoo Member

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    from where did you cut n paste this?

    btw, your source lie about this
    your intellectualy dishonest would have the world to believe that these Biden legislations never happen
    • infrastructure bill
    • CHIP act
    just like the false claim of "Fed wrecking its balance sheet", you once against are spreading convenient baseless spin,

    why can't your source be specific.?

    i can be specific as to Biden's policies to reshore and rebuild America's mfg base
    • infrastructure bill
    • CHIP Act,
     
    #38 adoo, Mar 22, 2025
    Last edited: Mar 22, 2025
  18. Andre0087

    Andre0087 Member

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  19. adoo

    adoo Member

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    that'd be true if only Trump 1.0 had passed the infrastructure bill; but Trump 1.0 failed to to so.

    It was Biden who signed into law the infrastucture bill
     

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