Date: Fri, 17 May 2024 03:47:09 -0500
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Subject: Re: Let's go Brandon!
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On 5/16/24 4:53 PM, moviePig wrote:
> On 5/16/2024 4:18 PM, BTR1701 wrote:
>> In article <v25mp9$1nota$1@dont-email.me>,
>>   Ubiquitous <weberm@polaris.net> wrote:
>>
>>> For the second time in a week, President Joe Biden made a false claim 
>>> about
>>> inflation-- and he did not get away with it as journalists and political
>>> rivals called him out on it.
>>>
>>> Biden told Yahoo Finance in an interview on Tuesday that inflation 
>>> was at 9%
>>> when he became president back in January 2021.
>>>
>>> However, as fact-checkers pointed out when Biden made the same assertion
>>> during a CNN town hall last week, inflation actually was at 1.4% when he
>>> took office.
>>
>> But Trump is the one who lies all the time. We should vote for Biden
>> because he doesn't lie, they say.
>>> The latest gaffe by the president
>>
>> It's not a gaffe. A gaffe is an unintentional mistake. This is an
>> intentional bald-faced lie. And so is the media downplaying it as a mere
>> gaffe. Biden is lying and the media is lying about his lies.
>>
>> Biden's team knows what the inflation rate was when Biden took office
>> and they're intentionally lying about it because they know that the
>> grocery bill is something that Mr. & Mrs. Middle America are going to
>> vote on.
> "Inflation is a lagging economic indicator. It is reported after prices 
> have already risen, which means the data it uses is historical."
> 
>     -  https://www.investopedia.com/terms/l/laggingindicator.asp


Besides that it's kind of different situation than we've seen before. 
This "inflation" rather than being caused by economic conditions, is 
merely a money grab by major corporations:

For instance, progressive advocacy group Groundwork Collaborative 
recently argued that corporate profits drove 53% of inflation during the 
second and third quarters of 2023. That report found corporate profits 
were to blame for 34% of inflation since the start of Covid-19.2 days ago

Think corporate greed is the leading cause of inflation ... - CNN
CNN
https://www.cnn.com › business › inflation-biden-rate-fed


I would have more respect for Oath Keeper Twat if he would just admit he 
has no interest in the truth or the facts of any given situation.  Well, 
maybe that's not true, I'd think he's a stupid asshole in either case.