Post-Corona Economy
Post-Corona Economy
Catt, May 11th is supposedly a big day regarding Covid, are all the financial things that have been postponed since covid related to that, the debt thing the Rs and Ds are negotiating, or both?
I keep seeing articles, comments, etc. warning that a big reality check is about to hit people, but I'm seeing conflicting reports about why.
I keep seeing articles, comments, etc. warning that a big reality check is about to hit people, but I'm seeing conflicting reports about why.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
The COVID-19 emergency stuff ends May 11th. For me, I know that means I cannot get free covid tests directly from drugstores any more, paid for by insurance. Same with vaccines. I know there are some other healthcare regulations that will change (reimbursement, telehealth), etc but don't know about any massive changes financially.
The student loan payment pause is not impacted, afaik.
The student loan payment pause is not impacted, afaik.
It's not me, it's someone else.
Post-Corona Economy
Is that still paused? If so, I wonder how many people haven't been financially planning for it. I'm guessing a lot.
Also thanks. So I'm guessing the debt ceiling this is going to impact people more.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
The equation for inflation probably includes things that only affect rich people, like the cost of caviar, lark tongue, full-time butler staff, and yachts. The cost of all those things hasn't gone up and therefore it is skewing the numbers of the reality for those of us not in the top 5%. For those people, their 3 main expenses are housing, food, and transportation. Those are up way higher than 8%.TheCatt wrote: ↑Tue May 02, 2023 11:56 amOr... inflation has a set definition (although there are multiple CPI measures), and the number adheres to that formula: https://en.wikipedia.org/wiki/United_St ... rice_Index
An individual's inflation rate will vary based on the basket of good they consume. Like, if you aren't buying a car, you are not impacted by car inflation, etc.
Almost none of them had income increases even up to 8%, they're getting poorer. Of course there's a recession coming, and I'm standing by my Depression prediction with 10 years... 9 years, now.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
Fed Reserve historian thinks they need to keep raising rates.
A Federal Reserve historian? I'll bet he's a fucking wild man and a lady killer.
A Federal Reserve historian? I'll bet he's a fucking wild man and a lady killer.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
Check out these prices.
If you went to this race and paid those prices without blinking, you're out of touch with reality.
One of my favorite Larry Bird stories was when he was on the Olympic team. (This would have been the early 90s.) Already a multimillionaire he and his team were in some bar in Mexico (I think). Larry asked the price of the beer in U.S. dollars. He was told it was $7. He said, "No thanks. You can keep your $7 beer."
Poor, middle class, or rich, we really need to be better with our money.
If you went to this race and paid those prices without blinking, you're out of touch with reality.
One of my favorite Larry Bird stories was when he was on the Olympic team. (This would have been the early 90s.) Already a multimillionaire he and his team were in some bar in Mexico (I think). Larry asked the price of the beer in U.S. dollars. He was told it was $7. He said, "No thanks. You can keep your $7 beer."
Poor, middle class, or rich, we really need to be better with our money.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
JFC. As I tell my wife "At those prices, the food better have come with a hooker"
Remove the last digit, and sounds like real prices, but still a little high.
Although, if you're the type of person being offered that food at those prices, you have so much money it doesn't matter.
It's not me, it's someone else.
Post-Corona Economy
Fyre festival is leaking.
Maybe i'm just used to big city prices, but removing the 0 and getting 4 person portion sizes seems about right. ONLY IF YOU REMOVE A ZERO.
Maybe i'm just used to big city prices, but removing the 0 and getting 4 person portion sizes seems about right. ONLY IF YOU REMOVE A ZERO.
Post-Corona Economy
OK, I didn't see the "serves 4 people," so yeah, just stick to removing the zero.
It's not me, it's someone else.
Post-Corona Economy
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
Rate of inflation continues to fall https://www.cnbc.com/2023/06/13/cpi-inf ... 2023-.html
Well below the Trunp-created peak.
Well below the Trunp-created peak.
It's not me, it's someone else.
Post-Corona Economy
(Serious question) How did Trump create it?
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
It's nice that inflation is still rising but not as fast as it was before.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
Tax cuts + pandemic spending. I know, you'll say Congress, and then I'll point to his signature on them.
It's not me, it's someone else.
Post-Corona Economy
Always look on the bright side!!! (Unless an R is in the Oval Office.)
I refuse to acknowledge that as a serious comment.
Grocery prices going up again.
Catt is working hard trying to figure out how to blame Trump.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Post-Corona Economy
Nah, this one's easy: his anti-immigrant policies f'ed up the food supply chain for years.
It's not me, it's someone else.