Bidenflation and your July 4th cookout
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UnoFire
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Posted 4:53 pm, 06/30/2024
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Might as well cancel any plans, this kind of increase is insurmountable...
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Tilly22
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Posted 4:46 pm, 06/30/2024
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The price of a July Fourth cookout will be 5% higher in 2024 than the previous year, according to a survey from the U.S. Farm Bureau released this week. The farmer and rancher organization said an Independence Day cookout for 10 people will cost an average of $71.22 this year versus $67.73 in 2023.
https://www.cnbc.com/amp/20...finds.html
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surfer
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Posted 4:07 pm, 06/30/2024
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Cooper....i'll be more than happy to buy you a one-way bus ticket to Mexico or Canada.
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antithesis
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Posted 3:46 pm, 06/30/2024
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3.4% is not normal inflation and the Federal Reserve has never targeted even 3% inflation much less 3.4%.
Just another DB lie... with the economy collapsing starting around December 2018, the Fed chose to let inflation rise above 2%.
One of the Fed's core mandates, alongside low unemployment, is maintaining stable prices. Since 1996, Fed policymakers have generally adopted the stance that their target for doing so was an inflation rate of around 2%. In January 2012, then-Chairman Ben Bernanke made this target official, and both of his successors, including current Chair Jerome Powell, have made clear that the Fed sees 2% as the appropriate desired rate of inflation. Until very recently, though, the problem wasn't that inflation was too high - it was that it was too low. That prompted Powell in 2020, when inflation was barely more than 1%, to call this a cause for concern and say the Fed would let it rise above 2%. Many of you may find it counterintuitive that the Fed would want to push up inflation. But inflation that is persistently too low can pose serious risks to the economy. These risks - namely sparking a deflationary spiral - are why central banks like the Fed would never want to adopt a 0% inflation target. And here's the source of that comment...
I'll agree that the 3.4% increase (note your lie when you said "about 5%") is slightly higher than the 2-3% target, but it's not the tragedy you want people to think.
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UnoFire
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Posted 8:18 am, 06/30/2024
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Dont worry Dingle Berry, your HOA should have a nice cookout for yall in the park!
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underdog2
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Posted 8:05 am, 06/30/2024
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anti you just got spanked
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DB Cooper
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Posted 6:39 am, 06/30/2024
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Here's another anti lie: You didn't give a link, but is "about 5%" the same as "exactly 3.4%?" Because that's the inflation rate, and that's normal... "If it DIDN'T go up at least 2%, the economy would be in real trouble. 3% is exactly what we want"
3.4% is not normal inflation and the Federal Reserve has never targeted even 3% inflation much less 3.4%.
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underdog2
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Posted 6:22 am, 06/30/2024
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anti perhaps when you wake up from dreaming about biden you may realize his ship has sailed without him. There is a meaning to this statement.
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DB Cooper
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Posted 6:22 am, 06/30/2024
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Fourth of July cookout costs in US rise by 5% this year, survey finds - REUTERS
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antithesis
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Posted 1:55 am, 06/30/2024
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They're not stupid, they just hope that if they repeat the lie long enough then people will believe it. And traditionally, that has worked well for them.
Ironically, that "law of propaganda" is attributed to Nazi Joseph Goebbels...
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surfer
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Posted 9:41 pm, 06/29/2024
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Right....the world pretty much shut down in 2020....no demand for oil/gas. Again....MAGA too stupid to understand that.
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antithesis
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Posted 8:30 pm, 06/29/2024
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Gasoline National Average price: June 2024 $3.50 - June 2020 $2.17
Expect to pay about 5% more overall than last year, says ABC News. I know anti, it's really Trump's fault.
You didn't give a link, but is "about 5%" the same as "exactly 3.4%?" Because that's the inflation rate, and that's normal...
If it DIDN'T go up at least 2%, the economy would be in real trouble. 3% is exactly what we want.
So... thanks, Biden, for stopping the Trump Depression and giving us a strong economy!
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DB Cooper
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Posted 8:11 pm, 06/29/2024
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Gasoline National Average price: June 2024 $3.50 - June 2020 $2.17
Thanks, Joe! 
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DB Cooper
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Posted 5:48 pm, 06/29/2024
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Expect to pay about 5% more overall than last year, says ABC News. I know anti, it's really Trump's fault.
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