Re: From the GOP

On Sun, 30 May 2021 11:33:19 -0700, BillnRudy Flett
<[email protected]> wrote:

>On 5/30/2021 11:25 AM, Kurt Nicklas wrote:
>> On Sun, 30 May 2021 11:18:16 -0700, Bill Flett <[email protected]>
>> wrote:
>> 
>>> On 5/30/2021 11:06 AM, David Hartung wrote:
>>>> On 5/30/21 12:41 PM, Bill Flett wrote:
>>>>> On 5/30/2021 8:13 AM, David Hartung wrote:
>>>>>> https://www.gopusa.com/inflation-under-biden-continues-as-prices-went-up-3-6-in-april-data-shows/
>>>>>>
>>>>>>
>>>>>> [...]
>>>>>> A rising inflation trend continues as prices rose by 3.6% in April from a
>>>>>> year ago, reflecting increases in both goods and services, according to data
>>>>>> released Friday by the Bureau of Economic Analysis.
>>>>>
>>>>> This is *not* inflation.
>>>>>
>>>>>>
>>>>>> Prices rose 0.6% in the past month in a key inflation indicator
>>>>>
>>>>> These are *real* price increases, not merely monetary.  Lots of commodities
>>>>> are in short supply as spending resumes.
>>>>>
>>>>>> The Federal Reserve has said that a rise in inflation will be temporary, with
>>>>>> prices dropping as the pandemic subsides. The Fed has indicated it is in no
>>>>>> rush to raise interest rates.
>>>>>
>>>>> Exactly.
>>>>>
>>>>>>
>>>>>> After-tax income slid 15.1% in April from the record level in March that had
>>>>>> been hiked by the billions of dollars in stimulus payments.
>>>>>
>>>>> Exactly.  So there has not been any fall in long-term income.
>>>>>
>>>>>>
>>>>>> Personal income declined 13.1%, but that was less than the predictions of
>>>>>> 14%. The government stimulus checks earlier this year had pushed personal
>>>>>> income up 20.9% in March.
>>>>>>
>>>>>> After taxes and other withholdings, disposable personal income dropped 14.6%.
>>>>>
>>>>> Because of the end of stimulus payments, *not* because the earned income of
>>>>> employed people was falling, or because unemployment was rising.
>>>>>
>>>>> Keep your stupid fucking mouth shut about economics.  You don't know a thing.
>>>>
>>>> It appears that degree notwithstanding, you also know little about ecponimics [sic]
>>>
>>> About what?  What the fuck is "ecponimics" ?

"You just conceded defeat again.  I'll add it to the list.  I've
instructed you om that before."
---Bill Flett 5/28/21 Dwarfie turns Hindu! 

Enjoy again, dwarfie!