Politics and Religion

Impy…
inicky46 61 Reviews 254 reads
posted
1 / 11

You can look at polls and inflation indexes all you want. But if you want to know how inflation is affecting individual Americans, look at their actual behavior in terms of switching their food-buying habits to cheaper alternatives like Hamburger Helper....
From The NY Times:

"In the 1970s, Hamburger Helper became a staple on American dinner tables as families, strained by inflation and soaring beef prices, looked to turn a pound of ground beef into an entire meal.

These days, those same pressures are why the flavored pasta mix  is coming to the rescue again.

While most food companies are seeing declines in consumer demand for their products, sales of Hamburger Helper are up 14.5 percent in the year through August, getting an extra bump from its appearance on an episode of “The Bear” in June, according to the company that owns the brand, Eagle Foods.

And it’s not just Hamburger Helper. Sales of foods commonly purchased by consumers when financial times get tough are on the rise, according to industry analysts. Purchases of rice are up 7.5 percent this year. Distressed shoppers are also buying more cans of tuna, salmon and sardines. Sales of beans and boxes of macaroni and cheese are also strong, based on data from the research firm Circana.

Uncertainty about the economy and higher tariffs levied on goods from a variety of countries have led many consumers to refocus their spending on essentials or items that are good values, while cutting back on extras or unnecessary spending.“Cost-of-living expenses are up. Eating and drinking expenses are up,” said Sally Lyons Wyatt, who advises packaged food companies at Circana. “Consumers are looking for foods that fill them up for the least amount of money.”

In grocery stores, shoppers are increasingly picking up less-expensive store brands. McDonald’s and other restaurant chains are offering more value meals. Sales of sweet treats like ice cream, cookies, and cakes are down, according to Circana.

While inflation has cooled considerably from the peak levels seen in 2022, the price for food consumed at home is still 21 percent higher than it was four years ago. And in August, prices in several food categories, including meats, coffee and many fruits and vegetables jumped considerably, according to the Bureau of Labor Statistics.

But for many families, the soaring price of beef has been a particular pressure point. Severe shortages in the U.S. cattle inventory caused ground beef to jump 13 percent in the past year to hit a record high of $6.63 a pound by August, according to the B.L.S. The number of cattle available for beef is at its lowest level since the 1950s, while consumer demand has remained steady, driving up beef costs."

Hpygolky 233 Reviews 31 reads
posted
2 / 11
LostSon 43 Reviews 42 reads
posted
3 / 11

Who under Biden kept repeatedly saying inflation WHAT is this inflation thing you speak of?  There’s no inflation, Nothing to see here move along..

impposter 49 Reviews 30 reads
posted
4 / 11

WHO said that? The quote itself? Its source? A link?

Posted By: LostSon
Re: This from the side….
Who under Biden kept repeatedly saying inflation WHAT is this inflation thing you speak of?  There’s no inflation, Nothing to see here move along..

LostSon 43 Reviews 43 reads
posted
5 / 11

Posted By: impposter
Re: This from the side….
WHO said that? The quote itself? Its source? A link?
Posted By: LostSon
Re: This from the side….  
 Who under Biden kept repeatedly saying inflation WHAT is this inflation thing you speak of?  There’s no inflation, Nothing to see here move along..

You are a queen of denile…  

Seriously you all fell right in line to spew that blue 🥶 gooo

crsm27 32 Reviews 29 reads
posted
6 / 11

Everyone wants to blame this on "TRUMP".....

 
When they don't want to admit that people have emptied savings accounts, bank accounts, retirement savings (if they had any), etc all the past 4 years because of inflation.

 
"but Trump promised on day 1...."   then your an idiot if you think Trump can snap his fingers and make thousands of $$$ instantly flow back into your bank accounts and drop prices back to 2018 price levels.  

 
The ground beef has been beaten to death the reason for the high costs..... NOT TRUMPS FAULT.

 
Yes some of the stuff right now what Trump is doing is very "Iffy" and we are at the point of will it work or wont it.   It is the time of put up or shut up.   But the high prices were already here.... inflation was already here.....slow economy was already here.... etc.   All prior to Trump being in office.   The people trying to put all the blame on him are blind to what actually happened the past 4 years.....even 6 years (covid years).    But keep being blind and yelling TRUMPS FAULT for everything.  

coeur-de-lion 400 Reviews 28 reads
posted
7 / 11

those on Social Security tells you how much inflation is.  After single-years increases of 8+% and 5+% under Biden, the projected COLA for 2025 is 2.7%.  However, those working will come out even better as the wage increase is more than this number.  Biden was upside down on wages versus inflation during the entire term of his presidency.

jazzman121847 111 Reviews 24 reads
posted
8 / 11

Of course you conveniently "forgot" that those COLA reflected very high post COVID inflation.  Whoever was president would have had the same inflation to deal with and SS COLA would have been just as high. You also neglected to mention that the 2024 COLA was 3% under Biden. You have a bad habit of leaving a lot of things out.

coeur-de-lion 400 Reviews 26 reads
posted
9 / 11

other presidents would done.  What we know is that Biden's executive orders on day one of his presidency canceled the pipeline, sold off US strategic oil reserves and scaled back drilling and production.  The skyrocketing cost of energy fueled the inflation because transportation costs are a principal component of delivery of all products to market, and runaway inflation was he result.  Trumps first executive order was drill, baby, drill.  When the production from this departure from the Biden insanity regarding energy comes online, energy prices will fall significantly.  When it comes to oil production, there is always a 6-12 month lag between a policy shift and actual realization in the marketplace. We saw that with Biden and we are starting to see it with Trump.  In another year, inflation will be at the lowest point since 2019.  

inicky46 61 Reviews 27 reads
posted
10 / 11

Selling off strategic oil reserves increases supply and LOWERS prices. And that's what actually happened.

impposter 49 Reviews 40 reads
posted
11 / 11

CDL is beyond confused. He is lying.

Posted By: coeur-de-lion
Re: You're speculating on what . . . .
other presidents would done.  What we know is that Biden's executive orders on day one of his presidency canceled the pipeline, sold off US strategic oil reserves and scaled back drilling and production.
Canceled pipeline - check.
Sold off oil reserves - check, but see nicky's reply. The STRATEGIC reserves were sold STRATEGICALLY to help the US consumer.
Scaled back drilling - qualified check - Even though Biden sold MORE oil leases than Trump 45, very few of them were being exploited (drilled) by big oil. Existing wells were already productive and producing even MORE oil than first predicted that Big Oil SHUT DOWN their own under-producing rigs. Despite less drilling and fewer operating rigs,  
OIL PRODUCTION INCREASED UNDER BIDEN TO THE HIGHEST LEVELS IN US HISTORY.
http://www.newsweek.com/joe-biden-producting-more-oil-donald-trump-environment-1858714
Joe Biden Is Producing More Oil Than Donald Trump Did [Jan 2024]
(and production continued to increase)
.
The skyrocketing cost of energy fueled the inflation because transportation costs are a principal component of delivery of all products to market, and runaway inflation was he result.  Trumps first executive order was drill, baby, drill. ... When it comes to oil production, there is always a 6-12 month lag between a policy shift and actual realization in the marketplace.
The DECLINE in DRILLING didn't take 6 months under Trump.  
http://www.newsweek.com/drilling-plummets-trump-drill-baby-drill-oil-gas-2096024
Drilling Plummets Under Trump Despite ‘Drill, Baby, Drill’ Promise [Jul 10, 2025]
.
"A slump in active oil and gas rigs across the United States has undercut President Donald Trump's rallying cry to "drill, baby, drill," raising economic and political stakes for his administration. [Is anybody else waiting for it? "Trump was being sarcastic. You know, like ending the Ukraine - Russia War in 24 hours. Hah, hah! Just kidding ya! What a funny guy!"]
.
"Despite Trump's aggressive push for domestic fossil fuel expansion—including an official declaration of a "national energy emergency" to fast-track drilling—the U.S. rig count has now fallen to its lowest level in nearly four years, according to a report by Baker Hughes, the energy technology company. It showed that the rig count was 539 on July 3, down by 47 compared to this time last year. ..."
.
[Doesn't GaG operate some oil rigs? ... or at least know a lot about oil rigs?]

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