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06-16-2022, 09:09 AM
(06-16-2022, 08:57 AM)TheRealThing Wrote: The Obama administration 2.0 fudges numbers because they believe people are too stupid to think for themselves. And I will agree, for those who depend on government for their livelihoods, whatever the government says suits them just fine. But for the rest of us, take the 8 percent inflation rate they talk about for example. On election day 2020 gas here was $1.86 a gallon and that was because government enforced moratoriums against gasoline and natural gas production did not exist. Now it's over 5 dollars. That my friend is more than any 8% inflation.I agree with everything you said except for the part about for those depending on the government for their livelihoods being content with whatever the government says. The high inflation rate means that the small increase in the defense budget was actually a huge cut in spending. As a federal contractor or anybody else who believes that national security is an important fundamental for any nation, that is very bad news. Not only has Biden slashed military funding, he has increased the portion of the funding earmarked for social engineering and transitioning to renewable resources.
Same with groceries which, for many items have tripled. Same with electrical costs and natural gas.
Messages In This Thread
All Stock Market Gains Erased Since Biden Took Office - by Hoot Gibson - 06-13-2022, 09:34 PM
RE: All Stock Market Gains Erased Since Biden Took Office - by Hoot Gibson - 06-16-2022, 08:47 AM
RE: All Stock Market Gains Erased Since Biden Took Office - by TheRealThing - 06-16-2022, 08:57 AM
RE: All Stock Market Gains Erased Since Biden Took Office - by Hoot Gibson - 06-16-2022, 09:09 AM
RE: All Stock Market Gains Erased Since Biden Took Office - by RAM-A-DEVIL - 07-25-2022, 02:28 PM
RE: All Stock Market Gains Erased Since Biden Took Office - by Hoot Gibson - 07-26-2022, 10:55 AM
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