Bidenflation and Shortage thread

[BDKJMU]

Year over year:



https://www.foxbusiness.com/economy/may ... ng-fastest

[BDKJMU]

Its all Putin’s fault..

[BDKJMU]

$5
https://www.reuters.com/business/energy ... 022-06-11/
Headed to $6….

And

https://nypost.com/2022/06/10/inflation ... -analysis/

[BDKJMU]

Tampon shortage adds to long list of consumer woes amid record inflation
https://www.nbcnews.com/business/consum ... -rcna32968

Donks are definite losing the female vote now..

[AZGrizFan]

Tampon shortage adds to long list of consumer woes amid record inflation
https://www.nbcnews.com/business/consum ... -rcna32968

Donks are definite losing the female vote now..

Donk strategy: If they’re gonna overturn Roe/Wade, we’ll just starve the crotch fruit to death once they appear. And we’ll make tampons unavailable so women are unattractive to men.

[houndawg]

Tampon shortage adds to long list of consumer woes amid record inflation
https://www.nbcnews.com/business/consum ... -rcna32968

Donks are definite losing the female vote now..

Donk strategy: If they’re gonna overturn Roe/Wade, we’ll just starve the crotch fruit to death once they appear. And we’ll make tampons unavailable so women are unattractive to men.

First we gotta pack the Supreme Court

[kalm]

Tampon shortage adds to long list of consumer woes amid record inflation
https://www.nbcnews.com/business/consum ... -rcna32968

Donks are definite losing the female vote now..

Donk strategy: If they’re gonna overturn Roe/Wade, we’ll just starve the crotch fruit to death once they appear. And we’ll make tampons unavailable so women are unattractive to men.

[BDKJMU]

May year over year inflation #s out this morning. Increased from &.3% to 8.6%.
Was 1.4% when Brandon came into office.
12% in the 17 months since Brandon came into office.
https://inflationdata.com/Inflation/Inf ... %20percent

Wall Street had expected 8.3%. Dow down 600+ after the same yesterday. Brandon and his admin continue to dither while the whole country suffers..

Ended Friday down almost 900, over 2.7%.

But according to Biden: “The economy is in a better place than it has been historically.”

[kalm]

More to the story than just Biden guy bad.

That all came before the pandemic hit. Energy demand plummeted through early 2020 as locked-down Americans cut back on driving and travel. Oil-futures prices even turned negative in April 2020, with traders effectively paying others to take planned barrel deliveries off their hands. Producers preparing to slow drilling suddenly found themselves in a shutdown.

Turning the lights back on hasn't been easy. Demand remained weak until spring 2021, when vaccine rollouts powered a surge in consumer spending and travel. Supply has been slow to respond. Crude production neared 11.7 million barrels a day in March, down more than 1 million barrels from the 2019 peak.

The uptrend has also been a bumpy one, as producers have been wary not to repeat the growth spree of the 2010s. Investors have continued to push profit protection over faster pumping, saying firms need to pay down debts from the prior boom. That's led to producers' free cash flow soaring amid rising prices, a typical sign that the industry is leaving cash on the table and needs to accelerate investment.

Supply-chain issues have also held the sector back from boosting production. Unique sand used for fracking is now in short supply, and prices have nearly tripled from where they stood just one year ago. That's further hobbled the industry that's crucial for matching supply with Americans' extraordinary demand.

https://businessinsider.com/why-gas-pri ... YnrvYxoOFM

[AZGrizFan]

More to the story than just Biden guy bad.

That all came before the pandemic hit. Energy demand plummeted through early 2020 as locked-down Americans cut back on driving and travel. Oil-futures prices even turned negative in April 2020, with traders effectively paying others to take planned barrel deliveries off their hands. Producers preparing to slow drilling suddenly found themselves in a shutdown.

Turning the lights back on hasn't been easy. Demand remained weak until spring 2021, when vaccine rollouts powered a surge in consumer spending and travel. Supply has been slow to respond. Crude production neared 11.7 million barrels a day in March, down more than 1 million barrels from the 2019 peak.

The uptrend has also been a bumpy one, as producers have been wary not to repeat the growth spree of the 2010s. Investors have continued to push profit protection over faster pumping, saying firms need to pay down debts from the prior boom. That's led to producers' free cash flow soaring amid rising prices, a typical sign that the industry is leaving cash on the table and needs to accelerate investment.

Supply-chain issues have also held the sector back from boosting production. Unique sand used for fracking is now in short supply, and prices have nearly tripled from where they stood just one year ago. That's further hobbled the industry that's crucial for matching supply with Americans' extraordinary demand.

https://businessinsider.com/why-gas-pri ... YnrvYxoOFM

Is there ANYTHING in a Brandon-led economy that ISN’T in short supply?

[kalm]

More to the story than just Biden guy bad.



https://businessinsider.com/why-gas-pri ... YnrvYxoOFM

Is there ANYTHING in a Brandon-led economy that ISN’T in short supply?

He’s so powerful he’s affecting world wide consumption patterns and supplies.

[CAA Flagship]

More to the story than just Biden guy bad.

That's not "more to the story". That's the result of the story. That describes the long home run without mentioning the poorly place fastball over the middle of the plate.

[kalm]

More to the story than just Biden guy bad.

That's not "more to the story". That's the result of the story. That describes the long home run without mentioning the poorly place fastball over the middle of the plate.

It would help if you read the story before commenting ok?thanks.

[BDKJMU]

May year over year inflation #s out this morning. Increased from &.3% to 8.6%.
Was 1.4% when Brandon came into office.
12% in the 17 months since Brandon came into office.
https://inflationdata.com/Inflation/Inf ... %20percent

Wall Street had expected 8.3%. Dow down 600+ after the same yesterday. Brandon and his admin continue to dither while the whole country suffers..

Ended Friday down almost 900, over 2.7%.

But according to Biden: “The economy is in a better place than it has been historically.”

Today again down almost another 900, 2.8%.
Down 2400 last 3 trading days, 7.3%. Now NEGATIVE for Biden’s presidency.
S&P 500 NEGATIVE for Biden’s presidency.
NASDAQ down 19% under Biden..

[BDKJMU]

Wholesale prices rose 10.8% in May, near a record annual pace
https://www.cnbc.com/2022/06/14/wholesa ... -pace.html

Let’s Go Brandon!

[BDKJMU]

Ended Friday down almost 900, over 2.7%.

But according to Biden: “The economy is in a better place than it has been historically.”

Today again down almost another 900, 2.8%.
Down 2400 last 3 trading days, 7.3%. Now NEGATIVE for Biden’s presidency.
S&P 500 NEGATIVE for Biden’s presidency.
NASDAQ down 19% under Biden..

Good news. The Dow was only down 151 today/.50%..

[BDKJMU]

Even CNN dunking on Biden.

[Baldy]

[Baldy]

Is there ANYTHING in a Brandon-led economy that ISN’T in short supply?

He’s so powerful he’s affecting world wide consumption patterns and supplies.

"When the United States sneezes, the rest of the world catches a cold."

[Winterborn]

Biden's letter to oil producers is a good laugh.

If I was Carter, I would send Biden a bucket of ice cream and some cones as an appreciation for being elected.

[kalm]

[BDKJMU]

Uk right govt
Krauts centrist govt.

[GannonFan]

You repost a lot of dumb tweets, but that one is right up there with the dumbest of them. Inflation isn't an idealogy or caused by one. Inflation is caused by the money supply outstripping the supply of good and services. It doesn't matter what side of the political spectrum politicians are on. Only the government is in charge of money supply (i.e. they're the only ones who can print money legally). Who else, then, but government, would be responsible for inflation?

[kalm]

You repost a lot of dumb tweets, but that one is right up there with the dumbest of them. Inflation isn't an idealogy or caused by one. Inflation is caused by the money supply outstripping the supply of good and services. It doesn't matter what side of the political spectrum politicians are on. Only the government is in charge of money supply (i.e. they're the only ones who can print money legally). Who else, then, but government, would be responsible for inflation?

Thank you for the insult on the tweet you misunderstood and are unwittingly agreeing with.

You’re the bestest!

[GannonFan]

You repost a lot of dumb tweets, but that one is right up there with the dumbest of them. Inflation isn't an idealogy or caused by one. Inflation is caused by the money supply outstripping the supply of good and services. It doesn't matter what side of the political spectrum politicians are on. Only the government is in charge of money supply (i.e. they're the only ones who can print money legally). Who else, then, but government, would be responsible for inflation?

Thank you for the insult on the tweet you misunderstood and are unwittingly agreeing with.

You’re the bestest!

Considering you're still convinced that our current inflation issues stem from actions George Bush took 20 years ago, I'm going to stick with my interpretation, thank you very much.