Re: 2022 Midterms thread
 

Can't we say that there are many causes outside of our current government's control that have absolutely contributed to inflation but the administration also hasn't done a great job of handling it either? Does it have to be all or nothing for 1 side or the other?

Re: 2022 Midterms thread
 

[quote=sdskinsfan2001;1328433]Can't we say that there are many causes outside of our current government's control that have absolutely contributed to inflation but the administration also hasn't done a great job of handling it either? Does it have to be all or nothing for 1 side or the other?[/quote]

[IMG]https://i.makeagif.com/media/5-24-2016/iqg1L1.gif[/IMG]

Re: 2022 Midterms thread
 

[quote=Chico23231;1328416]And then there fetterman[/quote]

Maybe due some research chico.

Re: 2022 Midterms thread
 

[quote=SunnySide;1328432]The chair of the Federal Reserve is often referred to as the second most powerful person in the world, after the president of the U.S. But no matter how powerful the job may be, it doesn’t prevent its holders from making big mistakes.

The Fed chair’s power stems from the ability to guide the federal funds rate, which sets the cost of money for the world economy.

And that’s exactly why Fed Chair Jerome Powell’s total miss on the inflation story in 2021 was so devastating.

“Readings on inflation have increased and are likely to rise somewhat further before moderating,” said Powell in April 2021. “However, these one-time increases in prices are likely to have only transitory effects on inflation.”

If only. Year-over-year inflation rose 4.2% in April 2021—the most recent reading was nearly double that rate, up 8.3% year over year in August 2022. Using the Fed’s preferred inflation gauge, PCE inflation is nearly 3 percentage points higher than the Fed’s target rate.

The Fed’s big, ugly inflation whiff meant it’d been forced to ratchet up interest rates dramatically and put its giant balance sheet on a diet.

The Fed policy has forced major declines in stock and bond markets. In fact, 2022 looks like it could be the worst year for investors since the Great Recession.

How did the Fed get inflation so wrong? Let’s take a closer look.
The Global Response to Covid-19

When governments worldwide fought Covid-19 by restricting travel and shuttering their economies in early 2020, markets went into a tailspin.

Stocks dropped, the bond market cratered, and oil prices went negative. Central banks worldwide cut interest rates to zero and reassured citizens that they would do what it took to keep credit markets functioning properly. The Fed did its bit by slashing rates and restarting its quantitative easing (QE) program.

The gambit worked with an unprecedented $2.2 trillion U.S. fiscal stimulus bill: Bond markets stabilized, stocks recovered, and household budgets were fortified through direct payments and expanded unemployment insurance.

Throughout the latter part of 2020, Powell agitated for another massive Congressional relief package.

“Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses,” Powell said in October 2020, roughly seven months into the Covid-19 pandemic. “The recovery will be stronger and move faster if monetary policy and fiscal policy continue to work side by side to provide support to the economy until it is clearly out of the woods.”

A few months later, Congress passed a $900 billion relief package. Several months after that, Congress passed yet another relief bill, this time to the tune of $1.9 trillion.

The federal government spent roughly $5 trillion to aid the national economy in response to Covid-19 lockdowns and restrictions.

Over the same period, the Fed added more than $3 trillion to its balance sheet through long-term bond purchases. It would tack on more than $1 trillion more by spring 2022.

All in all, the rescue packages worked a little too well.

[url]https://www.forbes.com/advisor/investing/federal-reserve-got-inflation-wrong/[/url]

Ive been reading a good bit on the inflation ... and youre just wrong chico. Youre just politically blind to any rationale thought that maybe Biden isnt in the top 3 reasons we are having inflation, let alone solely responsible.

Economy is hurting right now.

If Biden or Trump was president ... our economy would be where it is at today (imo).

Except Trump would have politicized and attacked the fed, fired Jerome Powell and a russian flag would be flying over Kyiv right now.[/quote]

Recapping isn’t an arguement and then saying “the rescue package worked to well” is stating “we overdid it, Bigly with too much money.” American rescue plan…only a Democratic voted package which didn’t even have tests ready for the next variant which cost more lives. Incompetence

Again you aren’t addressing the policies of the administration which put us here. Or the fact the President lied and ignored inflation environment. Or the fact the Democrats continued to spend.

It’s bullshit hypotheticals to ease your mind. I guess Putin only invades Ukraine when Obama and Biden are in office, that’s just another coincidence.

Re: 2022 Midterms thread
 

[quote=Chico23231;1328431]My god and you know it’s not only interest rates when it comes to inflation? You should cut spending to work hand in hand…instead you guys spent trillion, much of what hasn’t been used.

And you wanted to spend even more!! Lolololol[/quote]

You're a republican fool.Please stop, just stop.

[IMG]https://www.gannett-cdn.com/-mm-/9621e9ab33226318cc2e106a78d51a8c83960438/c=0-7-723-416/local/-/media/2015/12/10/RenoGroup/RGJ/635853512231271622-0b283a5a331d8fec94b3ffdd94e658ba.jpg[/IMG]

Re: 2022 Midterms thread
 

[quote=Chico23231;1328437]
It’s bullshit hypotheticals to ease your mind. I guess Putin only invades Ukraine when Obama and Biden are in office, that’s just another coincidence.[/quote]

[IMG]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQiUspHisTamKLN0S7gCsnVub1Z16ozCKYA1fQdIO4rPg8PK7cYjGCNN73hB6JCHaEnyNQ&usqp=CAU[/IMG]

[IMG]https://i.redd.it/jxb8k8jqj7n61.jpg[/IMG]

Re: 2022 Midterms thread
 

You know Trump had a baddddd midterm. Bigly bad.

And this should/hopefully remove him from the nomination 2024.

I can see him getting Bigly pissed if he doesn’t win, what if he turned and supported Democrats, wonder the reaction would be here?

Re: 2022 Midterms thread
 

[quote=Chico23231;1328437]Recapping isn’t an arguement and then saying “the rescue package worked to well” is stating “we overdid it, Bigly with too much money.” American rescue plan…only a Democratic voted package which didn’t even have tests ready for the next variant which cost more lives. Incompetence

Again you aren’t addressing the policies of the administration which put us here. Or the fact the President lied and ignored inflation environment. Or the fact the Democrats continued to spend.

It’s bullshit hypotheticals to ease your mind. I guess Putin only invades Ukraine when Obama and Biden are in office, that’s just another coincidence.[/quote]

man .. we are going in circles on this. Maybe we need an inflation thread. Remember, I dont understand this stuff, I only know what i read.

CBO said the inflation act would only decrease inflation by .1 to .2% but it would reduce deficit. The tax increase on middle class wasnt a direct tax but an indirect one bc companies would pass increased tax burden to employees.

Jerome Powell ... the head of the Fed .. the guy in charge of making sure inflation doesnt happen .. the guy who doesnt have a D or an R next to his name even though he was named by Trump .. is they most responsible person for preventing inflation. He admitted he messed up. Now a Dem president has him jacking up the interest rate quicker and higher than ever before .. right before elections. Powell is doing Biden zero favors. Everything I read, we need short term pain to avoid long term pain.

Biden is absolutely taking a bullet from covid coming due and global inflation. Sucks for him. Heavy is the crown. 2024 when we are in a recovery, who ever is wearing the crown will be enjoying an improving economy with good numbers to point to .. that they had no participation in.

Dem spending -- dude, we cant pass shit through the senate bc of sinema/manchin siding with all republicans .. so what dem spending outside of the Inflation reduction Act? The BBB act got killed. Ukraine ... yeah Im kinda for supporting Ukraine and watching russia military bled.

Global inflation right now. US is doing better than most.

Re: 2022 Midterms thread
 

[quote=Chico23231;1328446]You know Trump had a baddddd midterm. Bigly bad.

And this should/hopefully remove him from the nomination 2024.

I can see him getting Bigly pissed if he doesn’t win, what if he turned and supported Democrats, wonder the reaction would be here?[/quote]

trump could have been two term if he dropped the act and tried to be president for all. trump could have been a rock star.

Hopefully desantis drops the maga act when he becomes president .. but his "woke come to die in Florida" speech last night makes it seem like hes going full maga .. which is a shame.

Re: 2022 Midterms thread
 

senate is even coming down the stretch making reps win by 1 unless a change in left reporting.

Re: 2022 Midterms thread
 

[quote=SunnySide;1328447]man .. we are going in circles on this. Maybe we need an inflation thread. Remember, I dont understand this stuff, I only know what i read.

CBO said the inflation act would only decrease inflation by .1 to .2% but it would reduce deficit. The tax increase on middle class wasnt a direct tax but an indirect one bc companies would pass increased tax burden to employees.

Jerome Powell ... the head of the Fed .. the guy in charge of making sure inflation doesnt happen .. the guy who doesnt have a D or an R next to his name even though he was named by Trump .. is they most responsible person for preventing inflation. He admitted he messed up. Now a Dem president has him jacking up the interest rate quicker and higher than ever before .. right before elections. Powell is doing Biden zero favors. Everything I read, we need short term pain to avoid long term pain.

Biden is absolutely taking a bullet from covid coming due and global inflation. Sucks for him. Heavy is the crown. 2024 when we are in a recovery, who ever is wearing the crown will be enjoying an improving economy with good numbers to point to .. that they had no participation in.

Dem spending -- dude, we cant pass shit through the senate bc of sinema/manchin siding with all republicans .. so what dem spending outside of the Inflation reduction Act? The BBB act got killed. Ukraine ... yeah Im kinda for supporting Ukraine and watching russia military bled.

Global inflation right now. US is doing better than most.[/quote]

So glad we agree the inflation reduction act does .1 % to help inflation (nothing) and raises taxes on the middle class.

We spend 1.9 trillion and then attempt to pass more spending and it doesn’t work… then do student loan handouts which will cost another 500 billion at the minimum estimate. These are just play numbers to Dems. 2.5 trillion…not a big deal I guess.

Not only did Biden lie about inflation when him and his administration looked at the data to the American people but attempted to spend, purposely restrict energy production another key inflation driver and then tax energy producers on top of it.

You raise interest rates, cut spending, and deregulate business to drive more competition. That’s attacking inflation

We don’t need stimulation like federal student loan handouts, which shocker:

[url]https://twitchy.com/sarahd-313035/2022/11/09/thanks-joe-cnbc-73-of-student-loan-borrowers-plan-to-get-to-work-giving-taxpayers-the-middle-finger/[/url]

In fact, 73% of anticipated recipients say they expect to spend their debt forgiveness on non-essential items, including travel, dining out and new tech, according to a recent survey from Intelligent.com.

Thanks middle class for bailing out the people who need help the least!

Re: 2022 Midterms thread
 

[quote=Chico23231;1328459]So glad we agree the inflation reduction act does .1 % to help inflation (nothing) and raises taxes on the middle class.

We spend 1.9 trillion and then attempt to pass more spending and it doesn’t work… then do student loan handouts which will cost another 500 billion at the minimum estimate. These are just play numbers to Dems. 2.5 trillion…not a big deal I guess.

Not only did Biden lie about inflation when him and his administration looked at the data to the American people but continue to attempt to spend, offer no relief on energy prices a key driver and tax energy producers.

You raise interest rates, cut spending, and deregulate business to drive more competition. That’s attacking inflation

We don’t need stimulation like federal student loan handouts, which shocker:

[url]https://twitchy.com/sarahd-313035/2022/11/09/thanks-joe-cnbc-73-of-student-loan-borrowers-plan-to-get-to-work-giving-taxpayers-the-middle-finger/[/url]

In fact, 73% of anticipated recipients say they expect to spend their debt forgiveness on non-essential items, including travel, dining out and new tech, according to a recent survey from Intelligent.com.

Thanks middle class for bailing out the people who need help the least![/quote]

STFU

Re: 2022 Midterms thread
 

My favorite loss of the election season: Beto O'Rourke

I can't stand that guy. He is the Russell Wilson of politicians.

Re: 2022 Midterms thread
 

[quote=Chico23231;1328415]

Dems held the all branches of government leading the country headlong into a recession, child molestation pizza parlors, silencing our true leader Q, faking a videotape of Trump admitting to sexual assault, telling their voters if libs win they'll never lose another election again, performing horrifying experiments on kids to turn them gay, secretly blowing up pipelines/refineries to further the liberal agenda, murdering innocent conservatives with their cars and guns at conservative rallies, literally opening up the gates for the illegals, I mean the list goes on and on. [/quote]

This is actually what you sound like.

2022 Midterms thread
 

[QUOTE=mooby;1328466]This is actually what you sound like.[/QUOTE]


Lol. Chico is so triggered that he has dual personalities right now. One Chico is making fun of the other Chico.

Re: 2022 Midterms thread
 

[QUOTE=sdskinsfan2001;1328465]My favorite loss of the election season: Beto O'Rourke

I can't stand that guy. He is the Russell Wilson of politicians.[/QUOTE]


Come on with all the conspiracy theorist trumptard extremists your going Beto? Can there at least be a disclaimer that the maga morons don’t count? Because as a pure R vs D thing I get it.

Re: 2022 Midterms thread
 

[QUOTE=SunnySide;1328448]trump could have been two term if he dropped the act and tried to be president for all. trump could have been a rock star.

Hopefully desantis drops the maga act when he becomes president .. but his "woke come to die in Florida" speech last night makes it seem like hes going full maga .. which is a shame.[/QUOTE]


They are both narcissistic, racist, cunts. The end.

Re: 2022 Midterms thread
 

[quote=punch it in;1328476]Lol. Chico is so triggered that he has dual personalities right now. One Chico is making fun of the other Chico.[/quote]

LOL, yeah he is. Pathetic but funny.

Re: 2022 Midterms thread
 

[quote=punch it in;1328477]Come on with all the conspiracy theorist trumptard extremists your going Beto? Can there at least be a disclaimer that the maga morons don’t count? Because as a pure R vs D thing I get it.[/quote]

Sure, we can go with that lol. Boebert or however you spell it is my favorite loss on the R side.

But I just can't fucking stand Beto. Phony little bitch. Stop running and wasting money, no one wants you.

Re: 2022 Midterms thread
 

[quote=punch it in;1328478]They are both narcissistic, racist,[B] bitchs[/B]. The end.[/quote]

Come on punch , you're better then that, chico would say that. Changed for class.

Re: 2022 Midterms thread
 

[quote=sdskinsfan2001;1328489]Sure, we can go with that lol. Boebert or however you spell it is my favorite loss on the R side.

But I just can't fucking stand Beto. Phony little bitch. Stop running and wasting money, no one wants you.[/quote]

I like Beto but let's be honest other than a mayor of a blue city in Texas or congressman that is the ceiling for him in Texas. He is just not the right Democrat to push in that state. I'd say the same for Stacey Abrams. The only thing they offer is name recognition and let's be honest those people are probably voting for the letter anyways.

Re: 2022 Midterms thread
 

[quote=BaltimoreSkins;1328495][B]I like Beto[/B] but let's be honest other than a mayor of a blue city in Texas or congressman that is the ceiling for him in Texas. He is just not the right Democrat to push in that state. I'd say the same for Stacey Abrams. The only thing they offer is name recognition and let's be honest those people are probably voting for the letter anyways.[/quote]

[IMG]https://media.tenor.com/yELuts2PU1sAAAAC/i-like-you-youre-crazy.gif[/IMG]

Re: 2022 Midterms thread
 

[quote=Holdall12;1328450]senate is even coming down the stretch making reps win by 1 unless a change in left reporting.[/quote]

It will be 50-49 going into the run-off in GA. How is Walker going to do without any Kemp coattails? I think we get a 50-50 again.

Re: 2022 Midterms thread
 

[quote=sdskinsfan2001;1328489]Sure, we can go with that lol. Boebert or however you spell it is my favorite loss on the R side.
......[/quote]

She hasn't lost yet (She is down by only 62 votes with 5% left to count) - She will probably win. Lake will be mine if she loses. Abrams is probably my favorite Dem loss.

Re: 2022 Midterms thread
 

[quote=nonniey;1328503]She hasn't lost yet (She is down by only 62 votes with 5% left to count) - She will probably win. Lake will be mine if she loses. Abrams is probably my favorite Dem loss.[/quote]

Well, fingers crossed.

Yeah, Abrams is a good choice too.

2022 Midterms thread
 

[QUOTE=Giantone;1328493]Come on punch , you're better then that, chico would say that. Changed for class.[/QUOTE]


Nah. Cunt is fine. Nothing pc or non pc about it. When you say retard u r being offensive towards the mentally handicapped. When you say cunt u r only being offensive to cunts. Lol
Ill add it is very acceptable in the UK.

Re: 2022 Midterms thread
 

[QUOTE=BaltimoreSkins;1328495]I like Beto but let's be honest other than a mayor of a blue city in Texas or congressman that is the ceiling for him in Texas. He is just not the right Democrat to push in that state. I'd say the same for Stacey Abrams. The only thing they offer is name recognition and let's be honest those people are probably voting for the letter anyways.[/QUOTE]


You don’t think Beto has more blue votes in Texas than anyone ever before? I think the numbers would probably back that up. Lets face it there is no right dem to push in Texas.

Re: 2022 Midterms thread
 

[QUOTE=nonniey;1328502]It will be 50-49 going into the run-off in GA. How is Walker going to do without any Kemp coattails? I think we get a 50-50 again.[/QUOTE]


Probably but Nevada aint over yet.

Re: 2022 Midterms thread
 

[quote=punch it in;1328514]You don’t think Beto has more blue votes in Texas than anyone ever before? I think the numbers would probably back that up. Lets face it there is no right dem to push in Texas.[/quote]

The morons in Texas forgot what happen when a good big freeze came through .

Re: 2022 Midterms thread
 

Long term, it will probably be better for the republican party if they only win a small minority in the house (and either a split or slight minority in the senate).

Then republicans can hopefully use these mid-term elections to get more people to push past Trump. Time will tell I guess.

Re: 2022 Midterms thread
 

[quote=nonniey;1328502]It will be 50-49 going into the run-off in GA. How is Walker going to do without any Kemp coattails? I think we get a 50-50 again.[/quote]

If Rs take the senate and not just the House .. what would change?

I imagine Biden gets impeached on paper, House and Senate Rs pass a series of strategically timed symbolic bills that force Biden to veto things and make him look bad.

Imagine no budgets get passed and everything is sequestration like with Obama

Imagine there will be enough Rs to push Ukraine war funding to go through, allowing the Rand Paul and MJG of the Rs to vote no

Next 2 years are going to be a horse and pony shit show, political grand standing and running to the media to get out the next salacious headline ... with nothing actually being accomplished.

Re: 2022 Midterms thread
 

[QUOTE=SunnySide;1328519]If Rs take the senate and not just the House .. what would change?

I imagine Biden gets impeached on paper, House and Senate Rs pass a series of strategically timed symbolic bills that force Biden to veto things and make him look bad.

Imagine no budgets get passed and everything is sequestration like with Obama

Imagine there will be enough Rs to push Ukraine war funding to go through, allowing the Rand Paul and MJG of the Rs to vote no

Next 2 years are going to be a horse and pony shit show, political grand standing and running to the media to get out the next salacious headline ... with nothing actually being accomplished.[/QUOTE]


They will not take the senate. However I do have some faith in the losses of a majority of the maga candidates that both sides will work together in some form or fashion regardless of who controls what.

Re: 2022 Midterms thread
 

[QUOTE=sdskinsfan2001;1328517]Long term, it will probably be better for the republican party if they only win a small minority in the house (and either a split or slight minority in the senate).

Then republicans can hopefully use these mid-term elections to get more people to push past Trump. Time will tell I guess.[/QUOTE]


I agree totally. Just said basically the same thing.

Re: 2022 Midterms thread
 

[quote=punch it in;1328514]You don’t think Beto has more blue votes in Texas than anyone ever before? I think the numbers would probably back that up. Lets face it there is no right dem to push in Texas.[/quote]

You are probably right.

Re: 2022 Midterms thread
 

Boebert — a right-wing Republican firebrand who has stoked controversy by backing Capitol rioters and embracing QAnon conspiracy theories — is currently holding a slim lead in her bid for reelection in Colorado's 3rd Congressional District.

According to Colorado's state election results as of 12:25 p.m. ET, Boebert was maintaining a 386-vote lead over Frisch, a businessman and former city councilman. Results showed that Boebert secured 157,743 votes, or 50.06%, as opposed to Frisch's 157,357 votes, or 49.94%.

Colorado state law allows for an automatic recount if the two candidates finish with a lead that's less than 0.5% of the total vote.

[url]https://www.yahoo.com/news/gop-rep-lauren-boebert-shared-154343996.html[/url]

Seems Trump will have 2 mouth pieces in the House

Re: 2022 Midterms thread
 

[quote=SunnySide;1328542]Boebert — a right-wing Republican firebrand who has stoked controversy by backing Capitol rioters and embracing QAnon conspiracy theories — is currently holding a slim lead in her bid for reelection in Colorado's 3rd Congressional District.

According to Colorado's state election results as of 12:25 p.m. ET, Boebert was maintaining a 386-vote lead over Frisch, a businessman and former city councilman. Results showed that Boebert secured 157,743 votes, or 50.06%, as opposed to Frisch's 157,357 votes, or 49.94%.

Colorado state law allows for an automatic recount if the two candidates finish with a lead that's less than 0.5% of the total vote.

[url]https://www.yahoo.com/news/gop-rep-lauren-boebert-shared-154343996.html[/url]

Seems Trump will have 2 mouth pieces in the House[/quote]

I'd like to meet the people who voted for her. Like do all those people just love Trump in that district or will they just vote for any republican no matter what?

Re: 2022 Midterms thread
 

Time to start changing some state names:

California = California (still)
Oregon = Northern California
Washington = Even More Northern California
Arizona = Hot California
Colorado = Mountain California
Michigan = Cold California
Minnesota = Even Colder California

Re: 2022 Midterms thread
 

[quote=sdskinsfan2001;1328553]I'd like to meet the people who voted for her. Like do all those people just love Trump in that district or will they just vote for any republican no matter what?[/quote]

I just assumed she was running in a solid red district ... just looked into it and its rural red lean but not a red strong hold like MTG has down in Georgia.

[url]https://en.wikipedia.org/wiki/Colorado%27s_3rd_congressional_district[/url]

Idk ... im not from Colorado. House races .. odd candidates can win.

My gripe w House of Rep is how much time, energy and attention is given nationally to certain click bait mouth pieces like Boerbert, MTG AOC

Like all you hear representing the R or D are these extreme people .. who dont rep the whole party, dont even rep a state but rep some gerrymandered map district and then get more air time then senators

Re: 2022 Midterms thread
 

[quote=SunnySide;1328561]I just assumed she was running in a solid red district ... just looked into it and its rural red lean but not a red strong hold like MTG has down in Georgia.

[url]https://en.wikipedia.org/wiki/Colorado%27s_3rd_congressional_district[/url]

Idk ... im not from Colorado. House races .. odd candidates can win.

My gripe w House of Rep is how much time, energy and attention is given nationally to certain click bait mouth pieces like Boerbert, MTG AOC

Like all you hear representing the R or D are these extreme people .. who dont rep the whole party, dont even rep a state but rep some gerrymandered map district and then get more air time then senators[/quote]

Definitely frustrating. But it ain't going to change. I know it's not possible to know all of the house reps, but I barely know any of them outside of my district and the type names you mentioned. Never hear about anyone near the moderate/middle ground line.

Re: 2022 Midterms thread
 

[quote=punch it in;1328515]Probably but Nevada aint over yet.[/quote]

Nah it is. The remaining votes just don't paint a picture where the Dem over comes the GOP lead there.