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Thank you Biden for increasing social security. Oh wait!!! DELETE DELETE DELETE!!!

Twilight Hue

Twilight, not bright nor dark, good nor bad.
How did Biden cause Inflation around the world?
I don't really care about the world. Just the US.

Politictions however, here and worldwide influence inflation by the policies they create and how the markets react or change as a result of their policymaking.
 

esmith

Veteran Member
How did Biden cause Inflation around the world?
I think the point of the OP is that the ninny in the White House that said that Biden is responsible for the increase of Social Security Retirement payments.
Now if one uses a little bit of convoluted logic and looks at the facts as follows we can prove that Biden is responsible for inflation in the US.
White House says Biden is responsbile for COLA adjustment to Social Security payment
COLA is "Cost-of-living-adjustment"
When cost of living goes up then a COLA increase is given
Cost of living going up is due to inflation
Therefore if Biden is responsible for the increase in Social Security payments then he must be responsible for the inflation
 

SomeRandom

Still learning to be wise
Staff member
Premium Member
I think the point of the OP is that the ninny in the White House that said that Biden is responsible for the increase of Social Security Retirement payments.
Now if one uses a little bit of convoluted logic and looks at the facts as follows we can prove that Biden is responsible for inflation in the US.
White House says Biden is responsbile for COLA adjustment to Social Security payment
COLA is "Cost-of-living-adjustment"
When cost of living goes up then a COLA increase is given
Cost of living going up is due to inflation
Therefore if Biden is responsible for the increase in Social Security payments then he must be responsible for the inflation

Does this mean I can find a way to blame my own PM for inflation happening here? Asking for a friend
 

tytlyf

Not Religious
Vote Republican, they'll get rid of Social Security and Medicare. That's been their policy for decades.
 

Subduction Zone

Veteran Member
I don't really care about the world. Just the US.

Politictions however, here and worldwide influence inflation by the policies they create and how the markets react or change as a result of their policymaking.
How did he cause it here? Funny no Republican here appears to be able to answer that without demonstrating a complete ignorance of economics.

And of course what is even worse, Trump would have made the sort of claim in the OP and his followers would have been eating that **** as if it were chocolate ice cream.
 

wellwisher

Well-Known Member
Biden was indirectly responsible, since he caused inflation by printing too much money, thereby creating hardship for the elderly, who now desperately needed a raise, just to get back to where they were before Biden.

When the Republicans get in and fix the economy, this cost of living increase in SS, will have a more positive meaning. The math will finally add up as an increase, and not just a step forward to get back to where they were before pushed back by inflation.

Has anyone loss any money in their retirement and/or investments accounts since 2020? This also happened to the elderly, who saw their retirement funds shrink, and who may not have as much time to wait for it to return. But I have hope that the markets will respond when the free market and fiscal responsibility is restored.
 

Subduction Zone

Veteran Member
Biden was indirectly responsible, since he caused inflation by printing too much money, thereby creating hardship for the elderly, who now desperately needed a raise, just to get back to where they were before Biden.

When the Republicans get in and fix the economy, this cost of living increase in SS, will have a more positive meaning. The math will finally add up as an increase, and not just a step forward to get back to where they were before pushed back by inflation.

Has anyone loss any money in their retirement and/or investments accounts since 2020? This also happened to the elderly, who saw their retirement funds shrink, and who may not have as much time to wait for it to return. But I have hope that the markets will respond when the free market and fiscal responsibility is restored.
Wow Biden has his own printing press for money.

Where can I get one?
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
How did he cause it here? Funny no Republican here appears to be able to answer that without demonstrating a complete ignorance of economics.

And of course what is even worse, Trump would have made the sort of claim in the OP and his followers would have been eating that **** as if it were chocolate ice cream.

Well then your awful ignorant that government regulations have an effect on prices and the economy as a whole.

It's pretty basic grade school knowledge.

Supply, Demand, and Government Regulation Impact on Prices | Free Essay Example

Snippet...


Not only the law of supply and demand has an impact on the economy. Government regulation exists in all areas, but it is especially extensive in the economy, affecting prices. First of all, increased regulations promote inflation, influencing households, especially those with low income. There is also an increase in price volatility, causing this type of families to spend a significantly larger share of their income on expensive, highly regulated goods and services (Chambers, 2019). Thus, most often, government regulations have a negative impact on the prices of goods for consumers.
 

Subduction Zone

Veteran Member
Well then your ignorant that government regulations have an effect on prices and the economy as a whole.

It's pretty basic knowledge.

Supply, Demand, and Government Regulation Impact on Prices | Free Essay Example

Snippet...


Not only the law of supply and demand has an impact on the economy. Government regulation exists in all areas, but it is especially extensive in the economy, affecting prices. First of all, increased regulations promote inflation, influencing households, especially those with low income. There is also an increase in price volatility, causing this type of families to spend a significantly larger share of their income on expensive, highly regulated goods and services (Chambers, 2019). Thus, most often, government regulations have a negative impact on the prices of goods for consumers.
Too bad that you cannot name anything specific that Biden did along with an economic analysis from someone that knows what they are talking about. It is almost as if Biden was not responsible for the inflation we are seeing at all.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
Too bad that you cannot name anything specific that Biden did along with an economic analysis from someone that knows what they are talking about. It is almost as if Biden was not responsible for the inflation we are seeing at all.
Are you kidding me?

Biden and Keystone.

His refusal to lift regulations for proper drilling for fuel.

Specific enough?
 

Subduction Zone

Veteran Member
Are you kidding me?

Biden and Keystone.

His refusal to lift regulations for proper drilling for fuel.

Specific enough?
We have been over Keystone. That would have done almost nothing to the price of oil. Since you ignored the refutation please tell us how the Keystone Pipeline would have ended inflation?

And we went over new drilling too. Why post if you are only going to ignore the refutations of your claims?
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
We have been over Keystone. That would have done almost nothing to the price of oil. Since you ignored the refutation please tell us how the Keystone Pipeline would have ended inflation?

And we went over new drilling too. Why post if you are only going to ignore the refutations of your claims?
It is was so negligible and miniscule like you say, why did Biden became so eagerly hellbent on pulling the plug and revoking drilling leases then if it didn't effect economies?

The Keystone XL Pipeline Was Never Operational — Now the U.S. Might Need It

Every factor influences the economy and inflation for that matter. Big or small.

There's a lot of various factors as well...

Inflation expansion act anyone?


Joe Biden's Inflation Expansion Act Causes Inflation to Surge - www.gop.gov
 
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Subduction Zone

Veteran Member
It is was so negible like you say, why did Biden became so eagerly hellbent on pulling the plug and revoking drilling leases then if it didn't effect economies?

The Keystone XL Pipeline Was Never Operational — Now the U.S. Might Need It
I could not see anything in that article that justifies your claim. Just reading the headlines is not good enough since they are quite often clickbait. You fell for that twice in a row now.

And he pulled the plug because of the potential damage that it could do. And the groups against it of course.

You have to show how it would make a difference. That means not only finding articles that support you, but at the very least quoting key parts of those articles.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
I could not see anything in that article that justifies your claim. Just reading the headlines is not good enough since they are quite often clickbait. You fell for that twice in a row now.

And he pulled the plug because of the potential damage that it could do. And the groups against it of course.

You have to show how it would make a difference. That means not only finding articles that support you, but at the very least quoting key parts of those articles.
No. You just choose to ignore it because it hurts your argument.
 

Subduction Zone

Veteran Member
No. You just choose to ignore it because it hurts your argument.
Where? Quote from the article. And unsupported claims are worthless. Empty rhetoric is not a threat to my argument. Do you now what would be? Facts and figures and sound analysis. But the facts and figures and sound analysis refute your beliefs. I already showed you that. I am not doing it again. It is time for you to support your claims.

Twice you have fallen for clickbait. And that is just in matter of minutes.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
Where? Quote from the article. And unsupported claims are worthless. Empty rhetoric is not a threat to my argument. Do you now what would be? Facts and figures and sound analysis. But the facts and figures and sound analysis refute your beliefs. I already showed you that. I am not doing it again. It is time for you to support your claims.

Twice you have fallen for clickbait. And that is just in matter of minutes.

Keep ignoring things as you do multiple times with just about anyone who had provided the legitimate facts to you.
 
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