Surging inflation takes hold in Mountain States, with rates near 9%

Discussion in 'Current Events' started by sec, Jan 25, 2022.

  1. sec

    sec Well-Known Member

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    https://www.foxbusiness.com/economy/surging-inflation-where-is-it-highest

    HYPERLINK has full article

    snip

    The consumer price index rose 7% in December from a year ago, according to a Labor Department report released earlier this month, marking the fastest increase since June 1982, when inflation hit 7.1%. The CPI – which measures a bevy of goods, ranging from gasoline and health care to groceries and rents – jumped 0.5% in the one-month period from November.

    But the increase was starkest in the region that encompasses Montana, Wyoming, Idaho, Nevada, Utah, Colorado, Arizona and New Mexico, with prices surging by a staggering 8.6%.

    end snip

    An 8.6% rate of inflation is hurting a lot of people in that area. We need to have sympathy for those folks.

    It's painfully obvious that a mistake was made in November 2020 giving full control to Democrats.

    8.6% inflation rate is shameful. Hopefully even those who voted Democrat will express sympathy to the folks who are financially suffering in that region.
     
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  2. Quantum Nerd

    Quantum Nerd Well-Known Member

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    How is Trump or DeSantis going to fix it? With another tax cut paid for by red ink? Or, by pressuring the Fed chair to raise interest rates? Hell will freeze over before the latter will happen, with the king of debt always pushing for lower rates. So, what's the plan? Be specific, because restarting the Keystone pipeline is not going to fix it.
     
  3. sec

    sec Well-Known Member

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    huh?

    Trump is no longer POTUS and DeSantis is governor of FL

    Neither can make national policies. Do you have any empathy for these people who suffer from high inflation or is it just defending your Democrat vote all the time and that's it?
     
  4. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Either of them probably will be president in 2024, if inflation will not be tamed by then. So, again, how will THEY get inflation down? Inquiring minds would like to know. Or, put in another way, how would YOU get inflation down, if you were president?
     
  5. sec

    sec Well-Known Member

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    Again, do you have any feelings at all for the folks who are experiencing the almost 9% inflation rate?

    This isn't about your Democrat vote or a hypothetical discussion within academia. It's real people who are suffering. Yes, Democrat votes helped cause this but that does not mean that Democrat voters should not have empathy for those who are being hurt.
     
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  6. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Why do you assume I don't have empathy for people struggling with inflation? I do. I can feel it in my own pocketbook, so I can imagine how other people feel who are not as well off as I am.

    Now, you claim that Dem votes did this. Actually, if Dem votes did this, then GOP votes should easily fix it. That why I ask the question again, that you don't seem to be able to answer: How would YOU get inflation down, if you were president?

    There, now you actually have to come up with something that makes sense, instead of just bleating "Biden bad", "Dems bad".
     
  7. sec

    sec Well-Known Member

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    There needs to be an overhaul of a lot of things from the fed govt right on down to states and academia

    most are bloated and the folks within are not the ones to effect change; why would they?

    I could go into a long list of things to change but first and foremost, stop voting Democrat unless you want to continue to hurt the avg folks.

    There is no magic bullet to fire as it will take time and the willingness of the people to understand the harm that has been caused through Democrat leadership be it local, state or federal
     
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  8. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! So, it's academia's fault?

    And the way to stop inflation is to stop voting for Dems?

    Now, if that's the case, the GOP should have the solution, but you say there is no magic bullet?

    In other words, you have nothing, other than bleating "Biden bad", "Dems bad".

    Now, let me start with a hint: What about lobbying the Fed chair to raise interest rates? How will THAT work for average folk? It may curb inflation, but it will also make home ownership unaffordable for young people. it will also make loans of all kinds, including business loans much less affordable. Small business? they'll be in trouble. It will also crash the stock market. So, are you in?

    Actually, I already know your response. If Powell (Trump's nominee) raises interest rates, and all the aforementioned things happen, you'll do some more Biden blaming.
     
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  9. JET3534

    JET3534 Well-Known Member

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    If either Trump or DeSantis gets nominated and run they should be asked for a plan.

    Right now, the President, Joe Biden, should be telling us his specific plan. Which is what exactly?
     
  10. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Is EACH of the 50 States going to get it's OWN "Inflation" Thread?
    Starting Now? Or just Every Region?
    Every Week?
    Or just Every Month?

    Anyway, I hadn't even heard about this "Inflation" was a problem until now:

    http://www.politicalforum.com/index...lation&o=date&c[title_only]=1&c[user][0]=6512

    Anyway, as to the OP Topic:
    Isn't it LOGICAL that if the problem of Inflation is affecting the Entire Country, that certain regions (in this case, the Mountain Region) would (potentially) be disproportionately affected?
    This phenomena (invloving the Mtn. Region) is hardly surprising.

    (And please, no one forget, next month we need a thresd for each individual state.
    We can't let "Inflation" threads on Page One drop below double-digits).
    Good lookin' out.:flagus:
     
    Last edited: Jan 25, 2022
  11. JET3534

    JET3534 Well-Known Member

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    Do you not know that Biden re-nominated Powell?? So why don't you refer to Powell as Biden's nominee, which he is??
     
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  12. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    Wait a minute! You want Democrats and those that voted for China Joe to actually share with us what their plan is? Why can't we just wait 3 years for the next Republican to fix it?
     
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  13. Quantum Nerd

    Quantum Nerd Well-Known Member

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    He is, with Biden showing that he doesn't sack people just because his predecessor nominated them, unlike Trump.

    Biden doesn't have a plan, Trump and DeSantis don't either, because NO president can fix the current supply chain problems, which are caused by covid. Also, they can't raise interest rates, because that's outside of the president's ability, as it is a responsibility that lies with the Fed chair.

    Now, Biden has been very silent on anything Powell has said, including raising interest rates, which he knows will hurt the economy. In contrast, Trump has always been very critical of Powell, lobbying for lower interest rates. So, we don't really need to hear Trump's plan, he already told us. he told us that he wants low interest rates, and that the US could default on its debt, stiffing creditors with the bill. How's that for you?
     
    Last edited: Jan 25, 2022
  14. Thedimon

    Thedimon Well-Known Member

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    It shouldn’t be difficult.
    Eliminate the remainder of Covid aid, if any left.
    Stop all restrictions related to Covid to relieve the pressure on the labor market that suffers from shortages.
    You solve labor shortage issue => you will solve supply chain issues => you solve the inflation problem.
     
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  15. Lee S

    Lee S Moderator Staff Member Past Donor

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    Inflation has exploded because of massive government spending and the fact that 40% of all currency has been printed in the last 12 years. Sometimes you cannot put the genie back in the bottle. Once someone wrongly receives capital punsihment, no amount of personel turnover is going to make someone undead. You cannot unprint currency. You cannot unspend massive amounts of money for next to useless government boondoggles. What you can do is ensure that the government is not going to go full stupid on spending in the future, and the best way to do that is stop electing officials who have a propensity to spend like a drunken sailor in a red light district.

    To answer your question, the solution is to never do things which showcase one's massive deficit in economic literacy in the first place, and the way to ensure that happens is to punish those who are infinitely generous with someoe else's money. The way to punish economic lunacy is to vote those individuals out of office. As for fixing the mess that the Democrats already made, there isn't a fix other than using sound economic policy until the situation blows over.
     
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  16. sec

    sec Well-Known Member

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    academia is all that you took from this? Did it hit too close to the vest?
     
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  17. sec

    sec Well-Known Member

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    I put in bold, words that need to be heeded. Sound economic policy and it will take time.
     
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  18. US Conservative

    US Conservative Well-Known Member Past Donor

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    Bidens policies are suffocating Americans.
     
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  19. sec

    sec Well-Known Member

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    they are Democrat policies. Biden isn't running things. It's Democrat policies that are the issue and Democrat voters should hang their heads in shame
     
  20. US Conservative

    US Conservative Well-Known Member Past Donor

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    Agreed.
     
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  21. JET3534

    JET3534 Well-Known Member

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    Why do you keep talking about Trump? Biden is the President. But thanks for admitting Biden does not have a plan.

    Former Treasury Democrat Secretary of the Treasury Summers warned Biden about inflation and gave him advice last May and was ignored.

    https://www.cnn.com/2021/05/26/economy/inflation-larry-summers-biden-fed/index.html

    Secondly, regarding your Covid defense for Biden, the Covid pandemic is now owned by Biden. He promised to stop the pandemic and failed.

    "I'll put in place a plan to deal with this pandemic responsibly, I've already done it. I'm not going to shut down the country, I'm not going to shut down the economy, but I'm going to shut down the virus"
     
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  22. US Conservative

    US Conservative Well-Known Member Past Donor

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    Biden is such a loser.
     
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  23. JET3534

    JET3534 Well-Known Member

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    Last edited: Jan 25, 2022
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  24. Moolk

    Moolk Banned

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    Brandon did that.

    This is all on dems.
     
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  25. hawgsalot

    hawgsalot Well-Known Member

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    LOL you dems want rates going up. You'll find those spending programs jumping into the teens of trillions. Our National debt will increase substantially every time interest ticks up, and neither party wants that because neither can stop writing checks.
     
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