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SGT Whatever Needs Doing.
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I don't need charts to figure it out. All I have to do is look at my bank account, and prices at the grocery store.
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SGT Whatever Needs Doing.
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2 mo
LTC (Join to see) - Why is the answer always more taxes? Yellen's answer only works with one world government.
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SFC John D.
SFC John D.
2 mo
Lt Col John (Jack) Christensen - "If you could tell me when in your life you went to a grocery store and regular prices, not sale prices, went down and stayed down I'd appreciate it."

Apples and Oranges. Although there have been many times where prices come down and stayed down, those are usually for specific items affected by seasonal conditions, so you are technically correct in your comment.

But when people complain about the prices, they are actually complaining about the affordability of those items, and affordability is down.

(wage information is using the ECI index from BLS and inflation information is using the CPI-U index from BLS)

As I pointed out to you before, wages are growing faster than inflation .. now (actually since mid-last year). For those on the left, they want to pretend that prices aren't up 17.8% on average during this administration while wages have only increased by an average of 13.3%. So the affordability of everything is down.

Under the last administration, wages increased 26.5% and inflation increased 7.7%, so affordability was up, and it was up by a lot.

THAT'S why people feel they have less to spend under this administration. We can go back and forth about how responsible Biden is for inflation, just like we can go back and forth about the responsibility of Trump for COVID and it's impacts.
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LTC Self Employed
LTC (Join to see)
2 mo
Lt Col John (Jack) Christensen Inflation was a two percent norm. Prices go up gradually but president biden listened Bernie Sanders is stupid AOC and we are now paying the price.
A bag of Doritos cost $3.50 4 years ago. They cost $4 2 years ago. Now it's $5.65 for Doritos.!

I used to be able to buy 6 blueberry muffins at the store for 4.99. Made by safeway bakery. 3 years later, the same muffins cost 7.99. That's a 38% increase in 3 years. Just on blueberry muffins.

COL Randall C. Lt Col Scott Shuttleworth Lt Col John (Jack) Christensen PO1 William "Chip" Nagel CPT Jack Durish SFC John D. SSG (Join to see)
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Lt Col Scott Shuttleworth
Lt Col Scott Shuttleworth
2 mo
Lt Col John (Jack) Christensen - Every year they went up but they matched cost of living increases so it was affordable...now a sack of groceries that 4 years ago would have cost me $10 costs around $30...that is directly tied to inflation.
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CPT Jack Durish
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Dueling Gallup Opinion Polls? Seriously? We're going with that? Within days of occupying the Oval Office, Biden reversed almost all of President Trump's initiatives that spurred record economic growth, secured the border, and brought record prosperity to American communities, especially minority communities. That's a fact. Here's another. The equity value of my stock market portfolio halved almost immediately. Three months later, my dividend checks also halved. That's a fact. Gas prices rose to record levels. That's a fact. America, once an energy exporter, became dependent on foreign crude, much from nations none too friendly. That's a fact. As the cost of energy rose, the prices of everything transported to American markets soared. That's a fact. Climate Change and the Pandemic were used during his Administration to instill fear. That's a fact. When I say fact, I say that with the authority of personal observation. Now, if we must discuss opinions, here's mine. I don't blame any President for any of this. Nor do I blame any other elected official. Indeed, I think we waste a lot of time blaming them. If we must blame someone, look in the mirror. We the People elect and reelect all of them. If we're poorly represented, We have no one to blame but ourselves. Oh, you didn't vote for the current crop of clowns? Neither did I. However, did we do enough to get out the vote? Did we do enough to prevent election shenanigans if such a thing occurred? Apparently not. Maybe, just maybe, we're just as much to blame as those who still extoll those in office.
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LTC Self Employed
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Yes, Fact checkers this is a right wing think tank that believes in economics and finance 101. These are the tenets that I was taught in college back in the 1980s. Arthur laffer and his laffer curve work. Stupid AOC socialist economics does not work.

Take it from the international business graduate. I call her stupid AOC.Because I only have four semesters of economics but she probably has ten because she has a bachelor's degree in economics but she's a total trader and manchurian candidate I call her stupid AOC. Because I only have 4 semesters of economics, but she probably has 10 because she has a Bachelor's degree in economics, but she's a total traitor and Manchurian Candidate.

https://crowe.wisc.edu/the-failure-of-bidenomics-how-free-market-policies-can-save-america/

PO1 William "Chip" Nagel LTC Eugene Chu
SMSgt Lawrence McCarter Lt Col Charlie Brown Lt Col John (Jack) Christensen CPT Jack Durish LTC Stephen F. CSM Charles Hayden 1SG Russell S. 1SG Patrick Burke SFC Dr. Jesus Garcia-Arce, Psy.D SFC Joe S. Davis Jr., MSM, DSL SFC John D. LTC Trent Klug CDR Andrew McMenamin, PhD Col (Join to see) 1st Lt Padre Dave Poedel CPT (Join to see)
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The left can't gas light me because I have a business degree. Remember that j f k and president clinton Both had tax reform and lowered taxes. This reflected an increase in revenue to the Treasury.But the left won't tell you that.
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