The Soapbox

Joined: 06/03/2005 Posts: 31074
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Can't be the $3 TRILLION with a "T" that we pumped into the economy in 2020

But yes, the Dems better start focusing on this, or the "it's the economy, stupid" principle is going to get them all voted out of office. Not sure there's much either party can do about GLOBAL inflation (this isn't just a US thing) coming out of a pandemic which disrupted the global supply chain and has been exacerbated a strong resurgence in demand from all the money that has been pumped into the economy (that's actually a good thing), but if the Dems don't at least recognize the issue and and act like they care, it's going to be a big issue for them. Will probably be a big issue for them anyway. Not necessarily "fair", but the incumbent party gets the blame for stuff like this.

(In response to this post by TomKazanski)

Posted: 01/13/2022 at 09:47AM

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Oh joy producer price index up highest on record for december -- TomKazanski 01/13/2022 09:22AM

You do understand that the key decisions driving inflation were made -- TomGlansAski 01/13/2022 11:07AM

I agree — I think the Dems, who run DC, should… -- Los Angeles Hoo 01/13/2022 11:43AM

Back to your old ways so soon? They won't pass a massive tax increase -- TomGlansAski 01/13/2022 1:12PM

Oh look. Tommy learned a new economic term on talk radio today ** -- wahoo138 01/13/2022 10:43AM

Buh how duz that affect ur life?!?!? ** -- ResistHoo 01/13/2022 10:40AM

Rising costs for producers have to be passed on to customers, or offset by -- Hoodafan 01/13/2022 10:48AM

Those latter things are different. ** -- ResistHoo 01/13/2022 10:53AM

I wonder if I can find a WIN button from the 70’s? ** -- Tuckahokie 01/13/2022 10:04AM

Ah. Whip Inflation Now! I forgot that one. Man, Mr. Ford had a lot on -- Shenhoo 01/13/2022 10:18AM

No need to wear it for our bottom of the ACC Hoops squad ** -- Tuckahokie 01/13/2022 10:40AM

Nobody on this board is feeling very good about their squad right now. ** -- hoolstoptheheels 01/13/2022 11:24AM

Inflation is another tax. ** -- ryno hoo 01/13/2022 09:50AM

How so? ** -- HoodatB 01/13/2022 10:37AM

The argument is that it is a de facto tax. The gubmint prints up a lot of -- HokieDan95 01/13/2022 10:50AM

It’s specifically a tax on the poor, or better said,… -- Los Angeles Hoo 01/13/2022 11:50AM

Yes it is -- as are tariffs, the latter being something over which we have -- fishhoo 01/13/2022 10:06AM

Tariffs are an interesting issue. Yes, they are a tax, and, yes, any... -- Los Angeles Hoo 01/13/2022 10:45AM

Thesis issue and don't have the time today. All good discussion points but -- fishhoo 01/13/2022 11:01AM

I agree that it is definitely a tax. Was just providing context… -- Los Angeles Hoo 01/13/2022 11:47AM

True. But Biden surely ended those racist nationalist tariffs, he and Dems -- Hoodafan 01/13/2022 10:43AM

Not sure I have defended virtually anything Biden has done on the policy -- fishhoo 01/13/2022 10:50AM

Understand. And yes it could get even worse. Just another area where Dems -- Hoodafan 01/13/2022 11:02AM

The one thing I'd note about Dems on this is that their opposition to -- fishhoo 01/13/2022 11:15AM

I think there is a fair amount of bipartisan support for tariffs on Chinese -- hoolstoptheheels 01/13/2022 12:41PM

Kind of hard not to realize it -- TomKazanski 01/13/2022 10:27AM

And using slave labor in an enemy country destroys American -- ryno hoo 01/13/2022 10:13AM

Ah another business major weighs in. ** -- Lazarus 01/13/2022 09:51AM

People are saying this. ** -- ryno hoo 01/13/2022 10:04AM

Thanks ryno, that explains it. Keep well. ** -- Lazarus 01/13/2022 10:05AM

Can't be the $3 TRILLION with a "T" that we pumped into the economy in 2020 -- BocaHoo91 01/13/2022 09:47AM

If it wasn't for that asshole Manchin, Joey would fix inflation with BBB!!! ** -- ResistHoo 01/13/2022 10:22AM

The virus didn’t cause this… -- Los Angeles Hoo 01/13/2022 09:59AM

Sure. The whole world is/was wrong. Makes sense. -- BocaHoo91 01/13/2022 10:10AM

How is your business doing Boca? See my notes below. ** -- Lazarus 01/13/2022 09:50AM

Top line is strong. Have a hard time keeping employees. the market -- BocaHoo91 01/13/2022 09:57AM

People are saying it turns on boss' personality. ** -- ryno hoo 01/13/2022 10:07AM

Could be... but I can only claim responsibility for about ~150 people -- BocaHoo91 01/13/2022 10:08AM

Need to free up H1B visas. First time in my career I have worked with them -- Lazarus 01/13/2022 10:05AM

Business is booming. Of my budgeted revenue for 2022, 50.5% is already -- Lazarus 01/13/2022 09:46AM

Same here. Business is great. -- DanTheFan 01/13/2022 10:50AM

So are we - 60 people - but part of a fairly large 2B - European company. ** -- Lazarus 01/13/2022 11:50AM