The Era of Biden

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C-Mag
Posts: 28305
Joined: Tue Nov 29, 2016 10:48 pm

Re: The Era of Biden

Post by C-Mag » Wed Apr 28, 2021 2:30 pm

PartyOf5 wrote:
Wed Apr 28, 2021 2:21 pm
The Conservative wrote:
Wed Apr 28, 2021 5:58 am
I got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...

Anyone else get this letter?
Apparently I'm "rich" and don't get anything.

Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
The real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy Carter
PLATA O PLOMO


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Don't fear authority, Fear Obedience

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The Conservative
Posts: 14797
Joined: Wed Nov 30, 2016 9:43 am

Re: The Era of Biden

Post by The Conservative » Wed Apr 28, 2021 2:31 pm

C-Mag wrote:
Wed Apr 28, 2021 2:30 pm
PartyOf5 wrote:
Wed Apr 28, 2021 2:21 pm
The Conservative wrote:
Wed Apr 28, 2021 5:58 am
I got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...

Anyone else get this letter?
Apparently I'm "rich" and don't get anything.

Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
The real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy Carter
Any bet who does first?
#NotOneRedCent

Smitty-48
Posts: 36399
Joined: Wed Nov 30, 2016 3:22 am

Re: The Era of Biden

Post by Smitty-48 » Wed Apr 28, 2021 2:42 pm

C-Mag wrote:
Wed Apr 28, 2021 2:30 pm
PartyOf5 wrote:
Wed Apr 28, 2021 2:21 pm
The Conservative wrote:
Wed Apr 28, 2021 5:58 am
I got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...

Anyone else get this letter?
Apparently I'm "rich" and don't get anything.

Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
The real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy Carter
the general arc is deflation

technology is inciting a deflationary price & wage spiral

stagflation was actually just an euphemism deflation

prices are going up because the dollar is deflating

less purchasing power is not due to increasing wages & prices

the whole empire is deflating, the near term inflation is only relative to the decline

the longer view is deflationary which is much harder to address

the future is Japanification, it's a demographic deflationary spiral
Nec Aspera Terrent

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SuburbanFarmer
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Location: Ohio

Re: The Era of Biden

Post by SuburbanFarmer » Wed Apr 28, 2021 3:33 pm

Image
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

Smitty-48
Posts: 36399
Joined: Wed Nov 30, 2016 3:22 am

Re: The Era of Biden

Post by Smitty-48 » Wed Apr 28, 2021 3:50 pm

case in point with real estate

it's not inflation, it's an asset bubble

prices are going up because prices are going up, FOMO

but the real cause is deflation, net zero interest rates

without inflation, there is no investment in growth, so the money flees to the asset bubbles, strike of capital
Nec Aspera Terrent

PartyOf5
Posts: 3657
Joined: Fri Dec 02, 2016 11:15 am

Re: The Era of Biden

Post by PartyOf5 » Thu Apr 29, 2021 7:59 am

Did anyone watch the theater performance last night? I assume it went exactly as I expected. Democrat media cheering how great Joe is, fake conservative media playing the center, and real conserva....wait there is no real conservative media.

All I caught was some bits after it was over. Typical hypocrisy in the 30 seconds I saw. Lots of hands on each other, groups of Democrats in close proximity to each other indoors. All while they tell us we need to wear 2 masks outdoors and stay at least 6 feet apart even if we are vaccinated.

Smitty-48
Posts: 36399
Joined: Wed Nov 30, 2016 3:22 am

Re: The Era of Biden

Post by Smitty-48 » Thu Apr 29, 2021 8:50 am

the Democrats are now siccing the FBI on all of Trump's proxies

they are retaliating against Giuliani for Giuliani going after Hunter Biden

so this has just degenerated into gangsterism now, the functioning democracy has already collapsed
Nec Aspera Terrent

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The Conservative
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Re: The Era of Biden

Post by The Conservative » Thu Apr 29, 2021 10:03 am

Did anyone see Biden's speech last night? He went full fascist... and the media are celebrating his achievement of getting through the majority of a speech without fucking up...
#NotOneRedCent

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C-Mag
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Re: The Era of Biden

Post by C-Mag » Thu Apr 29, 2021 10:14 am

Cant watch Biden.

For me nothing there.

Let me guess what he said.

COVID, COVID, COVID, masks and jabs.

Build back better

Whitey bad

More Money Today, print that shit


Build back better

Gonna save the planet from carbon

Gonna tax the rich (except we will protect our buddies)

Jan 6 literally Nazis
PLATA O PLOMO


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Don't fear authority, Fear Obedience

Smitty-48
Posts: 36399
Joined: Wed Nov 30, 2016 3:22 am

Re: The Era of Biden

Post by Smitty-48 » Thu Apr 29, 2021 10:16 am

C-Mag wrote:
Thu Apr 29, 2021 10:14 am
Cant watch Biden.
there is no reason to

you know what is going on

don't stare into that abyss, lest it stare back into you
Nec Aspera Terrent