
Posts posted by Crnr2Crnr
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26 minutes ago, stinkipinki said:
I see there are the normal Trump hater cunts blaming everything on him.
This has nothing to do with Trump, our economy was buzzing for those years.This is what happens when you promote laziness, handouts and print money off we don't have.
Inflation has killed the dollar bill, and Liberals are 100% at fault.Oh... what does it really have to do with that's 'not political'?
Are you old or smart enough to know when the massive printing began and under what federal reserve chair... or why?
not excusing the printer go brrrrr bullshit but if you can't put things into historical perspective and context ... then you're just another parrot here.
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1 minute ago, Matt said:
OK. Simple really. TL,DR: Inflation and countermeasures have downstream impacts...
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Biden kept the free money tap wide open during COVID. Started under Trump and continued and expanded under Biden. He should have shut off the tap way earlier but he didn't want to do something unpopular.
Sooooo, inflation. Money was already cheap as hell before COVID, then we added a bunch more of it artificially to the economy. Combine that with idiotic lockdown-induced supply shortages and scarcity and you have a double whammy of explosive inflation if you don't do something to adjust.
Sooo... raise rates and keep raising them. But what this does is fuck over banks and others who buy into things like treasury bonds. Banks end up losing big on bond portfolios while at the same time, depositors start to withdraw $ from banks to put $ into higher-earning securities and other investment vehicles. Another double whammy.
Trump started it. Biden cranked it up. Good lesson for next time there's something like this. Don't just start printing and throwing out money like beads at Mardi Gras. It's bad business.
excellent reply, nice to see someone with a brain in here who's not a victim for a change.
so what parallels can you see in the economy, the amount of debt, housing markets between the Bush/Obama administration periods and the Trump/Biden periods?
conspicuous consumption played a massive role in inflation, along with corporate greed. we can alter the amount of consumption but the biggest corporations in the country aren't about to roll back their prices anytime soon, are they?
we're in troubles waters... playing politics and finger pointing at the lowest common denominators can't fix this place we're heading.
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20 minutes ago, Boonbocker1 said:
The ergos are nothing like the REV at all. Sit on a matryx or axys or pro ride, they are not close to as far forward as a REV at all.
In that video the rider stated the catalyst felt like a Polaris. Interesting comparison when Doo is the sales leader, if poo copied doo ergoes why would he compare it to a polaris?
the entire rider forward revolution... started with the Rev and was copied by the others.
fun factor...
funny, @Not greg b was just telling me on Saturday how much the Axys and Matryx look like a 2008 Arctic Cat SP with the panels off.
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20 minutes ago, Sleepr2 said:
Funny, leftists seem to think children are mature enough to have life Changing surgery but college students aren’t smart enough to read a loan agreement.
huh?
I think I agree but that was weird
10 minutes ago, Snake said:Under President Obama, the national debt grew the most in dollar terms ($8.6 trillion) and was fifth by percentage at 74%. Obama fought the Great Recession with an $831 billion economic stimulus package and added $858 billion through tax cuts. Even though the fiscal year 2009 budget was set by President Bush, Obama added to it with the Economic Stimulus Act in 2009.65
At the end of fiscal year 2020, the debt was $26.9 trillion. Trump added $6.7 trillion to the debt between fiscal year 2017 and fiscal year 2020, a 33.1% increase, largely due to the effects of the coronavirus pandemic and 2020 recession.
So, did you vote for Obama or Romney?
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When Trump launched his first campaign for president in 2015, he committed to addressing the national debt: “Reduce our $18 trillion in debt, because, believe me, we’re in a bubble.”
“I’m great with debt. Nobody knows debt more than me. I’ve made a fortune by using debt, and if things don’t work out I renegotiate the debt. That’s a smart thing, not a stupid thing,” Trump said on “CBS This Morning” in June 2016
huh, how about that?
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15 minutes ago, Bontz said:
And yet he wants to protect those who invested in college education with debt forgiveness. Dude is a clown show ... and honestly, takes his talking points & priorities from elsewhere just like the OP does.
The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.
https://www.propublica.org/article/national-debt-trump
inconvenient... your children and mine will suffer due to the incompetence of the current and former POTUS
where's your disdain for the latter?
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1 minute ago, Steve753 said:
It's only a uni party to you sometimes it seems.
not supportive of Bidens economic blunders but...
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5 minutes ago, Steve753 said:
It's funny when Trump was potus, he was constantly blaming the fed for interest rates. I guess for some it depends who's potus.
correct
4 minutes ago, Snake said:Who controls the inflation that lead to high interest rates?
inflation in this case has more to do with excessively low interest rates for a long sustained cycle, $20T in COVID stimulus and Americans seemingly unlimited burden to take on debt.
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2024 Sleds... what's coming
in HCS General Forum
if it's like a Cat SP chassis or Modern Polaris chassis, I'm interested. If it's the Procross I'm not