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To: RomanSoldier19
Words like "stagflation" are based on numbers coming from an administration that constantly spews an unbroken stream of quasi-coherent lies.

What doesn't lie are the numbers one sees at the gas pump and the grocery store. I'm not sure they make a word that describes what middle America must be feeling in the wake of a financial 30% "haircut", while illegals are being treated like royalty.

4 posted on 04/28/2024 1:50:26 AM PDT by The Duke (Not without incident.)
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To: The Duke

They exist for the Drive Time and MSM news cycle. Spew out BLS lies and tell Americans things are “looking up” right after they’ve filled their tank or been shopping, etc. Give’em a little hope that gets quietly dashed when the numbers are ‘corrected’ quietly a little while later.

Abject dissemblers and liars. No matter how you report on what commodity ‘going down’, ‘getting better’ or new jobs increasing, wages increasing, etc., THE MONEY GOING OUT OF AMERICANS’ POCKETS is going up for the same things they buy/get.


5 posted on 04/28/2024 2:12:10 AM PDT by Gaffer
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To: The Duke

Stories like this, about looming recession and stagflation, are simply to obscure the fact that we have been in a recession with stagflation for years at this point. I warned family this was coming once the government started distributing “free” money during the COVID coup flu; we are paying the price for that rapid devaluation of the dollar. The $20/per hour minimum wage for CA fast food workers is an acknowledgment that they’re now working for half the real wages they earned before - and the push to increase wages everywhere is seen as the only way to get Americans spending again. On top of that, payroll taxes (especially Social Security) can be increased (in the case of SS, on both employers AND employees), and some low-wage workers can be “priced out” of the freebies for which they previously qualified at a lower wage.


17 posted on 04/28/2024 6:14:27 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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