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How will Republicans handle inflation? (1 Viewer)

You think that created the world wide problem as was claimed?
I think it played a significant role.  How much? 20%?  40%?  More?

No idea.  But it has played a material role.

I also believe we would have massive inflation whether we had Trump or Biden in office.

 
I think it played a significant role.  How much? 20%?  40%?  More?

No idea.  But it has played a material role.

I also believe we would have massive inflation whether we had Trump or Biden in office.
Well true...because what you mentioned wasn't a Trump or Biden thing necessarily...but years of it dating back before they were in the oval.  Lots of blame from multiple presidents to congress of course on that.

 
Well true...because what you mentioned wasn't a Trump or Biden thing necessarily...but years of it dating back before they were in the oval.  Lots of blame from multiple presidents to congress of course on that.
I blame the Fed much more than any particular president.  Multiple Fed chairs have demonstrated that we are generally better off when the Fed does as little as possible, for as short a time period as possible.

 
Well true...because what you mentioned wasn't a Trump or Biden thing necessarily...but years of it dating back before they were in the oval.  Lots of blame from multiple presidents to congress of course on that.
That’s fine but deficit to GDP is the highest it’s been since WWII. It’s time to reign it in and we are starting to do so.

I don’t really have much of a problem with what they (Democrats, Republicans and Fed) did. They flooded the system with money and that undoubtably reduced the damage caused by the COVID recession. We can criticize overdoing it now but it was a hard thing to navigate.

It’s still hard now because of the general nature of politics, supply chain issues, and now this war’s effect on oil prices.

However, It seems like the underlying state of the US economy is strong and we’ll eventually work ourselves out of this.  

 
Have you looked into an EV :lol:  
EV’s are great if you have 60k + state tax+2k to write your garage for 220.  Plus if is cold or hot out expect about a 200 mile range.  Don’t forget the dead driving time looking for a charging station and time spent charging.  They stated on talk radio that a recent study showed that a gas powered Toyota Corolla has a lower annual cost at 4.00 gas then any EV.  I have a Tesla and it’s not as awesome as you think.

 
EV’s are great if you have 60k + state tax+2k to write your garage for 220.  Plus if is cold or hot out expect about a 200 mile range.  Don’t forget the dead driving time looking for a charging station and time spent charging.  They stated on talk radio that a recent study showed that a gas powered Toyota Corolla has a lower annual cost at 4.00 gas then any EV.  I have a Tesla and it’s not as awesome as you think.
Wow, that sounds awful.  :lmao:

 
EV’s are great if you have 60k + state tax+2k to write your garage for 220.  Plus if is cold or hot out expect about a 200 mile range.  Don’t forget the dead driving time looking for a charging station and time spent charging.  They stated on talk radio that a recent study showed that a gas powered Toyota Corolla has a lower annual cost at 4.00 gas then any EV.  I have a Tesla and it’s not as awesome as you think.


They aren't a great solution for the 16% of Americans who live in apartments either.

 
That’s fine but deficit to GDP is the highest it’s been since WWII. It’s time to reign it in and we are starting to do so.

I don’t really have much of a problem with what they (Democrats, Republicans and Fed) did. They flooded the system with money and that undoubtably reduced the damage caused by the COVID recession. We can criticize overdoing it now but it was a hard thing to navigate.

It’s still hard now because of the general nature of politics, supply chain issues, and now this war’s effect on oil prices.

However, It seems like the underlying state of the US economy is strong and we’ll eventually work ourselves out of this.  
Oh definite...but its going to take someone doing what is unpopular like George HW Bush did when he went against his promise and raised taxes.  So hard to do in today's climate because doing something like that not only makes that POTUS a one termer....it turns over congress in a big way to the opposition.  Not sure either party will ever fall on the sword again like that.

 
Sad to see Tim has already given up on his party doing anything about it. 
 

:tfp:
Reality...nothing is going to be done between now and the GOP winning back congress.  Even if the democrats propose things to take it on...it won't be passed.  GOP can't let them pass such things between now and November because it takes their campaign issue away.

 
Sad to see Tim has already given up on his party doing anything about it. 
 

:tfp:
I think that, given their limited amount of legislative power, they HAVE done some things about it. And we will see results, about a year from now…for which the Republicans, being then in office, will take credit. 

 
Sad to see Tim has already given up on his party doing anything about it. 
 

:tfp:
Also, I wish that, for just once, you would engage in some real discussion. Not always slam the other side and then when challenged say “Not going to get dragged into it; have a good weekend!” How about having a real exchange of ideas here? Inflation affects all of us. 

 
I think that, given their limited amount of legislative power, they HAVE done some things about it. And we will see results, about a year from now…for which the Republicans, being then in office, will take credit. 
Really? That’s news to me (and to most of the world, I’m guessing.) How so? 

 
Also, I wish that, for just once, you would engage in some real discussion. Not always slam the other side and then when challenged say “Not going to get dragged into it; have a good weekend!” How about having a real exchange of ideas here? Inflation affects all of us. 
I’m just surprised to see you waiving the white flag after your past commentary on the doom of the Republican Party and now you expect nothing from your guys….hard to keep up.  :popcorn:

 
EV’s are great if you have 60k + state tax+2k to write your garage for 220.  Plus if is cold or hot out expect about a 200 mile range.  Don’t forget the dead driving time looking for a charging station and time spent charging.  They stated on talk radio that a recent study showed that a gas powered Toyota Corolla has a lower annual cost at 4.00 gas then any EV.  I have a Tesla and it’s not as awesome as you think.
It was a joke.

I have an EV as well. I plug it into a 110 outlet at home. I don’t know about this study but If you are driving 200 miles a day then I’d check this math :lol:

 
You know what’s not awful plugging in at home for a buck or so a day or (work for free) and zero to 60 in about 4 seconds :lol:  
You are definitely that guy in the lil car that speeds off the line at the green light.  :lmao:

I’ll catch you in my suburban when you have to pull over for a charge 3 lights up. 

 
By printing massive amounts of money and continuing to keep interest rates artificially low
exactly this. The dollar is the world reserve currency. Inflation starts here. Fed is still buying treasuries and mortgage backed securities, even with inflation running in excess of 10%.

 
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You are definitely that guy in the lil car that speeds off the line at the green light.  :lmao:

I’ll catch you in my suburban when you have to pull over for a charge 3 lights up. 
200 miles range. Do people in here really drive this much in a day? That is crazy. 

 
I’m just surprised to see you waiving the white flag after your past commentary on the doom of the Republican Party and now you expect nothing from your guys….hard to keep up.  :popcorn:
Yeah I was wrong about the Republicans. I thought the total irrationality and xenophobia of the Trump years would ruin them as a party. I was wrong. 
 

The truth is, I’ve come to realize, that nothing is going to ruin either the Republican or Democratic Party because no matter how bat#### crazy either gets, they will always remain as the alternative to the other guys. Which is the main reason the Republicans will win this time around. And as soon as they #### things up, it will be the Democrats’ turn again. 

 
Yeah I was wrong about the Republicans. I thought the total irrationality and xenophobia of the Trump years would ruin them as a party. I was wrong. 
 

The truth is, I’ve come to realize, that nothing is going to ruin either the Republican or Democratic Party because no matter how bat#### crazy either gets, they will always remain as the alternative to the other guys. Which is the main reason the Republicans will win this time around. And as soon as they #### things up, it will be the Democrats’ turn again. 
So does this mean the end of your famous “ The end of the (blank) party” hot takes?

 
Easiest way to lower inflation looking at the government reports is to make more energy.  Biden should be pro all energy right now.  Nuclear, Solar, wind, hydro, oil, gas, coal.  Use it all.  His people did him a great disservice by not having the foresight to see that this was going to be an issue and tackle it a year ago, and then the Russia war poured gas on the fire.

 
Off the top of my head here’s a few things I would literally do tomorrow to lower energy that could make an immediate impact

Drill more oil (make more energy)

Huge federal credit system for solar roofs (make more energy)

Credit system for cutting cable and going to streaming TV service.  85 million cable customers and the cable boxes in your house combine to consume more energy than a refrigerator!  The average cable customer spends about $15 a month right now in electricity on cable boxes.  (Use less energy)

Credit system for windows, doors, insulation in residential and commercial real estate (use less energy)

Look at remote working maybe when possible?  (use less energy)

Just ideas don’t hate :)   

 
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Huge federal credit system for solar roofs (make more energy)
There’s already a very solid tax credit in place (26% of complete build cost) for solar today.  Issue is that electric company’s are fighting back hard and the fights escalating.  Here in Cali the 3 major electric company’s are suing the state and have changed how they charge and meter.  All new builds out here are required to have solar so it’s really starting to hit the power company’s wallet.

 
There’s already a very solid tax credit in place (26% of complete build cost) for solar today.  Issue is that electric company’s are fighting back hard and the fights escalating.  Here in Cali the 3 major electric company’s are suing the state and have changed how they charge and meter.  All new builds out here are required to have solar so it’s really starting to hit the power company’s wallet.
yep.  my utility company just changed the net-metering policy and I’m getting a little screwed on my excess energy back to the grid.  knew it was coming but still sucks.

 
yep.  my utility company just changed the net-metering policy and I’m getting a little screwed on my excess energy back to the grid.  knew it was coming but still sucks.
Me too.  Super sucks.  Will likely get the battery back up now. Screw them. 

 
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200 miles range. Do people in here really drive this much in a day? That is crazy. 


Weight also has a huge impact on range.  This means agricultural, construction, machinery is a long ways away from EV as the increased cargo will significantly alter electric car performance 

 
yep.  my utility company just changed the net-metering policy and I’m getting a little screwed on my excess energy back to the grid.  knew it was coming but still sucks.
I can’t say I’m surprised. Right now all the house that get solar roofs on this year are getting 100% of the power they send back to the grid for the entire time they own the property.  And the power they take off the grid doesn’t get charged for peak power hours.  But can definitely see that changing years down the line or some kind of charge for providing power to the grid. 

 

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