Maybe inflation needs to be embraced as a success story - food for thought.

[Texacon]

https://www.democraticunderground.com/100216894312


 

fescuerescue (4,114 posts)


Maybe inflation needs to be embraced as a success story - food for thought.

Been thinking about inflation as the mid terms comes up and I think it might be a mistake to look at it as a problem.

Take the software industry approach and look at it like a feature.

I.e:

Biden has increased the value of your home nearly 100%
has increased the value of your car by 50%
has Biden has increased our wages and raises by 25%
Food is now 50% safer!

Your student loan debt is now 25% easier to pay off as inflation has eroded it's value and your earnings are 25% more.
Your morgage debt is now easier to payoff. Same for your car loans and credit cards.
your 401k with energy stocks have surged in value.

The point is that we need to own the best parts of inflation while letting Putin and Trump own the worst parts.

Otherwise the right is just going to claim that everything bad is Biden's fault.

House of Roberts (4,191 posts)

2. That all may be true for the middle class and wealthy.

I have no loans. I also have no wages. I cashed my 401k before the recent dip in stock prices. I need my home to live in, so it's only costing me higher property taxes as it appreciates.

All I get is higher gas and food prices. Higher materials cost for my home repairs and remodeling.

I'm 65 on Social Security, so I'm not seeing your upside at all. People who are working poor are worse off than me.

DetroitLegalBeagle (1,294 posts)

3. You're joking right?

Raises? The rise in wages has not kept pace with inflation. Average wage growth has ben 5-6%. Inflation is over 8%. Pretty much everyone actually got a pay cut due to inflation, especially when you consider that not everyone got a raise or the same amount.

401k's are up? Have you checked yours or even have one? They have been bleeding red for over a year now. Multiple people on DU have posted about how poorly their retirement accounts are performing. Are their a handful of people out there who has the magic portfolio that has actually done well this year? Sure. Do the majority fall in that catagory? Absolutely not.

Home and vehicle values are great if you are selling them now. They are awful if you are buying. My home value has risen quite a bit over the past couple years. But I'm not selling. But what I am doing is now paying more property taxes because the assessed value has risen. So yay, my has has gone up in value, value that I won't see because I am not moving. I'm not moving because I don't want to pay inflated prices for a new house. And my reward for staying put in my currently much higher valued house is get to pay more in property taxes.

Yea, this would be a real winner and totally not get us annihilated in the polls.

Taxes are good for you, remember?  The more you pay, the better off you are, you can OBVIOUSLY afford it, right?

fescuerescue (4,114 posts)

7. We need to combat that perception too

That wages haven't kept up.

Otherwise the right will blame that on Biden.

Reality is that wages are rising quite nicely.

DVRacer (604 posts)

5. That sounds awesome to those of us on

Social Security and Veterans Benefits we got a 5.9% increase in January. While everything else has gone up 25% and we will not see anything change for another six months. Look some of us are really struggling and no help is even being discussed. I’m on other discussion groups for disabled people and the tide is not turning in our favor concerning elections. One thing I have noticed in these groups is they vote in every election big and small. I still say an emergency COLA for beneficiaries would go a long way in November.

brooklynite (79,488 posts)

10. Tell you what: go down to the Farmer's Market this weekend and tell people how well they're doing...

...and how inflation is working out for them. Let us know what happens.

He's making other posts about how it's really a good thing, they just suck at messaging.   

KC

[BannedFromDU]

     I can promise you all that a Biden staffer who hasn't had to pay for a meal since 2002 will come out with this exact messaging before midterms. We are already told, clearly, that gas prices will remain high for "as long as it takes," and it's part of a "liberal world order." And the DUmmies who do nothing but chant "Putin Putin Putin" all day as they compete with their own cats for food will gladly swallow it all.

[SVPete]

The Rs can hope the Ds are stupid enough to embrace grass-boy's brilliant narrative!

[RuralNc]

Im not really sure how to respond to the level of stupidity and mental gymnastics that it takes for even a DUmp grade prog. to somehow come to this conclusion.

Oh!.. here we go.

FescueRescue yes. Please go with that line of thought. Get the t-shirts printed up. Bumper stickers. The works! 

[Texacon]

I wonder when one of them will come up with the "let's rename it to something that doesn't sound bad or have negative connotations attached to it!"

LOL

They drag that old strategy out quite a lot these days.

KC

[ADsOutburst]

I wonder when one of them will come up with the "let's rename it to something that doesn't sound bad or have negative connotations attached to it!"

LOL

They drag that old strategy out quite a lot these days.

KC

The "New Normal"?

[jukin]

Success?

The socialist  government prints way too much money and that is deemed a success? Jebus the DUmbass DUches really are stupid. I mean sub 75IQ stupid.

[Patriot Guard Rider]

Success?

The socialist  government prints way too much money and that is deemed a success? Jebus the DUmbass DUches really are stupid. I mean sub 75IQ stupid.

That's unpossible. Ask them, they'll tell you they're the smartest people on the internet, nay, the world..

[ADsOutburst]

If the goal is to hurt America, then it's an unqualified success.

[Karin]

 

That was some funny shit. 

Biden has increased our wages and raises by 25%

Where does the DUmbass get that number from??  Nationwide avg was 5.6%, and we were lucky to get that.  Besides "Biden" didn't do that.  Employers did.  Dipshit. 

Food is now 50% safer!

What the hell does this mean?

And look at this vacuous exchange:

Amishman (4,827 posts)

15. ...
This is what we need to focus on. This is what could cost us congress in Nov if we aren't careful. Voters are reminded of this every time they review their bank account, the bills going out being far bigger than they are used to seeing, yet the pay check coming in isn't going nearly as far.

fescuerescue (4,116 posts)

16. Something should be done about that.

 

[SVPete]

DU-member Amishman gets it to at least some extent:

* Voters know whether their paychecks have increased or not;

* Voters buy gasoline every week or two, and know prices have been increasing steadily for nearly a year and a half;

* Voters buy groceries ~weekly and know prices have been increasing steadily for nearly a year and a half, and see brief spot shortages, due to various logistic disruptions by the disease LIEden declared independence of a year ago.

No matter how much and often LIEden, his string-pullers, and his spokesmouths try to deny, minimize, or euphemize inflation, voters live the truth every week or several times a week.

[FlaGator]

What's the old saying, "Don't piss on my leg and tell me it's raining"?

[fatboy]

Rent

Yo DUmmy you forgot rent.

...it's too damm high!

[Muddling 2]

https://www.democraticunderground.com/100216894312


 



Taxes are good for you, remember?  The more you pay, the better off you are, you can OBVIOUSLY afford it, right?



He's making other posts about how it's really a good thing, they just suck at messaging.   

KC

Oh, Lord.

Saying inflation causes something to be more "valuable" because the cost rises is like saying the electricity you use is more "valuable".

Morons.

[Texacon]

They're all watching the man they voted for and cheer on, burn the world down and they know it.  There's no amount of spin they can put on this.  Biden has done worse than I could have imagined he would do and they can't spin their way out of it.  Their policies simply don't work and they can't admit they're wrong.

KC

[jukin]

Well dear DUmbass DUchebags, inflation will be a huge worry but now that we are officially in a recession in less than a year after Joey the corrupt pedophile and the democrat party stole the 2020 election, we will be looking at big job losses with 12-15% inflation. Just the way Biden, his junta, and the entire democrat party wanted and worked so hard for in the last 18 months.

[RuralNc]

They're all watching the man they voted for and cheer on, burn the world down and they know it.  There's no amount of spin they can put on this.  Biden has done worse than I could have imagined he would do and they can't spin their way out of it.  Their policies simply don't work and they can't admit they're wrong.

KC

Im sure we all knew he would do a terrible job. But actually seeing in action, just how horrible, its breath taking.

[Ralph Wiggum]

Lets tackle these one by one:

Biden has increased the value of your home nearly 100%

For all of these dubious claims, proof please. But my home's value has not gone up anywhere near 10%, although my property taxes have risen. Could I sell it for 120% of the value? Highly doubtful.

has increased the value of your car by 50%

Prices are dramatically up for used and new vehicles, thanks to the Chinese Wuhan Red Death and the lack of computer chips to run our modern automobiles.  It doesn't mean the value of one's car has increased by 50%.  Economics, look into it.

has Biden has increased our wages and raises by 25%

If you're state's minimum wage rose from $7.50 to $10.00 per hour or $15 to $20, and that's what you're making, well then true. Less than 5% of American workers are paid such wages, a convenient fact liberals always ignore. And if you stay at minimum wage for very long, you must be awful at your job.  By and large, medium and large companies are still compensating their employees at a 3-5% salary bump per annum.

Food is now 50% safer!

Which orifice did you pull that from?

Your student loan debt is now 25% easier to pay off as inflation has eroded it's value and your earnings are 25% more.
Your morgage debt is now easier to payoff. Same for your car loans and credit cards.
your 401k with energy stocks have surged in value.

A small percentage of Americans actually have student loan debt, inflation is not eroded (hovering at Carter era highs) as we're damn near recession (once the books are done if not cooked for April to June), and nice misspelling of "mortgage". 401k's are down and painful to look at for the year.

Did I forget anything?

[Rebel]

Please run with that, DUmbasses. Pretty please.

[Happy Fun Ball]

[Texacon]

^5!

That is perfect!

KC

[jukin]

    Food is now 50% safer!


What the hell does this mean?

50% less food available means that 50% that is available has to be 50% safer.

50% of the time, i'st safer 100% of the time.

[Patriot Guard Rider]

50% less food available means that 50% that is available has to be 50% safer.

50% of the time, i'st safer 100% of the time.

Let's take that to it's logical conclusion. No food 100% of the time means the food is 100% safe since no one is eating, and therefore, can't get sick.

What that does mean is people will be eating vegetarian style, ala North Korea, where grass and weeds are mixed with water to make a scrumptious stew, of sorts.

[SVPete]

DU-member Amishman gets it to at least some extent:

* Voters know whether their paychecks have increased or not;

* Voters buy gasoline every week or two, and know prices have been increasing steadily for nearly a year and a half;

* Voters buy groceries ~weekly and know prices have been increasing steadily for nearly a year and a half, and see brief spot shortages, due to various logistic disruptions by the disease LIEden declared independence of a year ago. ...

The other side of LIEden's Ledger of Losing is that he lost Bogey-Trump and after 18 months of not defeating Covid, LIEden now owns Covid-"failure".

[Happy Fun Ball]

Here's a simple question for you DUmmies:

What is more valuable, 1 Mona Lisa or 100 million Mona Lisas?