(05-28-2022 08:00 PM)scorpius Wrote:  

(05-27-2022 07:06 PM)B_Hawk06 Wrote:  It’s the pump’s fault. All the gas pumps around the country are out to get us.

We must demonize the manufacturers of the gas pumps.


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We've been doing that for the past couple decades. It's one of the main reasons (along with the rise of fracking) why I was confident in my prediction 10 years ago that we would never again exceed the inflation-adjusted highest price for oil on record set by Bush in 2008.

Again, what are we? 12? Look at the REAL price of gas in the chart I posted at the start of this thread and tell me it's too high by historical standards. It's in the upper range where we have sat for many years in the past 2 decades, but definitely not at highs. I would be surprised if it didn't start to drift down from here.

What you have to realize before you start crying like a 12 year old is that as these prices rise, your paycheck is rising as well to offset it. My Republican friend was crying about gas prices while at the same time telling me about her "special" pay raise. I asked her how much was the pay raise. Not to my surprise it came out to about 8% of her annual income. Well DUH?! That's inflation-adjustment. So tell me again, how are rising gas prices hurting when your paycheck is keeping up with it? Even if it doesn't keep up by a percent or 2 either way each year, that's just statistical deviation which happens every year, high inflation or not.

You clueless clown no pay raises nor your savings is keeping up with this runaway inflation. You need a reality check. Groceries are way up. Services are up, Utilities are up, everyday supplies and raw materials are up. People are using credit cards to make ends meet. And heaven forbid you are renting at the present because the rent for a two bedroom apartment has gone up substantially.

Do us all a favor. When you want to come on here and actually have a real discussion reality based of course I’m all for hearing you out. But when you are as disingenuous as the propped up puppet in DC go crawl back under the rock you got out from under.

(05-28-2022 08:00 PM)scorpius Wrote:  

(05-27-2022 07:06 PM)B_Hawk06 Wrote:  It’s the pump’s fault. All the gas pumps around the country are out to get us.

We must demonize the manufacturers of the gas pumps.


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We've been doing that for the past couple decades. It's one of the main reasons (along with the rise of fracking) why I was confident in my prediction 10 years ago that we would never again exceed the inflation-adjusted highest price for oil on record set by Bush in 2008.

Again, what are we? 12? Look at the REAL price of gas in the chart I posted at the start of this thread and tell me it's too high by historical standards. It's in the upper range where we have sat for many years in the past 2 decades, but definitely not at highs. I would be surprised if it didn't start to drift down from here.

What you have to realize before you start crying like a 12 year old is that as these prices rise, your paycheck is rising as well to offset it. My Republican friend was crying about gas prices while at the same time telling me about her "special" pay raise. I asked her how much was the pay raise. Not to my surprise it came out to about 8% of her annual income. Well DUH?! That's inflation-adjustment. So tell me again, how are rising gas prices hurting when your paycheck is keeping up with it? Even if it doesn't keep up by a percent or 2 either way each year, that's just statistical deviation which happens every year, high inflation or not.

I call fabrics. Costs of everything have jumped...not just fuel. It is killing low income families the most and unless curbed those people are going to punish this administration in the next election. They are getting fed up with this BS.

(05-27-2022 02:59 AM)scorpius Wrote:  What are we? 12?

Blaming gas prices on Biden after less than 2 years in office means you'd have no problem blaming George W Bush on even higher (the highest ever recorded in the U.S.) inflation-adjusted gas prices in 2008 when he was in office for over 7 years, right?

Back in 2012, I predicted that the summer of 2008 will end up being the highest, inflation-adjusted, oil will ever get. That was peak-oil. But like I said in the original prediction, the only way it doesn't happen is if there is a supply shock from some place like Iran. Russia playing an Iran on us is the same difference. Regardless, I still stand behind that prediction. I highly doubt despite the current Russia problem, we ever go beyond the highs of 2008 after 7 years of Bush.

My prediction back in 2012:
https://csnbbs.com/thread-578098-post-80...pid8070871

As you can see in the graphs below, we're no where near peak inflation-adjusted oil prices set back 2008. Gas peaked at about $5.50 (inflation-adjusted) back then after 7 years of Bush. We're only at $4.60 now. I'm calling it, I still don't think we go over the Bush 2008 peak even in domestic average gas prices unless the Russia situation gets dramatically worse.. which I highly doubt.

Either way, common sense say Bush had little to do with inflation back then, and Biden has even less influence on it today than Bush did back then. Presidents historically have no significant short-term effect on inflation. It would take a whole term in office before having any hope to have any meaningful impact, and even that is unlikely.

Adjusting gas prices for inflation is irrelevant - all of the inflation we are experiencing now has happened in the past year, after Trump left office. So even if it is technically a true statement that gas was more expensive in 2008, we also have to remember that gas prices would collapse spectacularly that year - I personally paid as little as $1.40/gallon only a few months after paying more than $4.07/gallon.In terms of 2008 dollars, gas prices actually hit their all-time high and all-time low that year. Unless if we see a return to $2.00/gallon very soon, the Biden administration is stuck with the blame with this, FOREVER.

If Trump were still the President, there would still be a fair amount he could do by executive order to at least ease supplies. All of those tools are available to Biden, he (or at least his party) doesn't choose to use them.

(05-29-2022 08:48 AM)chargeradio Wrote:  

(05-27-2022 02:59 AM)scorpius Wrote:  What are we? 12?

Blaming gas prices on Biden after less than 2 years in office means you'd have no problem blaming George W Bush on even higher (the highest ever recorded in the U.S.) inflation-adjusted gas prices in 2008 when he was in office for over 7 years, right?

Back in 2012, I predicted that the summer of 2008 will end up being the highest, inflation-adjusted, oil will ever get. That was peak-oil. But like I said in the original prediction, the only way it doesn't happen is if there is a supply shock from some place like Iran. Russia playing an Iran on us is the same difference. Regardless, I still stand behind that prediction. I highly doubt despite the current Russia problem, we ever go beyond the highs of 2008 after 7 years of Bush.

My prediction back in 2012:
https://csnbbs.com/thread-578098-post-80...pid8070871

As you can see in the graphs below, we're no where near peak inflation-adjusted oil prices set back 2008. Gas peaked at about $5.50 (inflation-adjusted) back then after 7 years of Bush. We're only at $4.60 now. I'm calling it, I still don't think we go over the Bush 2008 peak even in domestic average gas prices unless the Russia situation gets dramatically worse.. which I highly doubt.

Either way, common sense say Bush had little to do with inflation back then, and Biden has even less influence on it today than Bush did back then. Presidents historically have no significant short-term effect on inflation. It would take a whole term in office before having any hope to have any meaningful impact, and even that is unlikely.

Adjusting gas prices for inflation is irrelevant - all of the inflation we are experiencing now has happened in the past year, after Trump left office. So even if it is technically a true statement that gas was more expensive in 2008, we also have to remember that gas prices would collapse spectacularly that year - I personally paid as little as $1.40/gallon only a few months after paying more than $4.07/gallon.In terms of 2008 dollars, gas prices actually hit their all-time high and all-time low that year. Unless if we see a return to $2.00/gallon very soon, the Biden administration is stuck with the blame with this, FOREVER.

If Trump were still the President, there would still be a fair amount he could do by executive order to at least ease supplies. All of those tools are available to Biden, he (or at least his party) doesn't choose to use them.

This.

There is a whole litany of arguments I have heard the left use from 2008 as a point to argue this way or that, and they always lack the context if what happened in 2008, and how the numbers when cherry picked from certain weeks in 2008 do NOT paint the real picture.

This is another perfect example of that. People will use cherry picked numbers from the crash in 2008 and present them as the real measure of the economy and prices from that period.

ANYTIME anyone tosses out some economic number from 2008 as a comparison, take it with a grain of salt and dig a little deeper. You can cherry pick all kinds of numbers from the worst weeks of the '08 economic meltdown and use them to make very inaccurate and dishonest arguments. I have seen it countless times now.

Obama's people loved to do that.

(05-28-2022 08:00 PM)scorpius Wrote:  

(05-27-2022 07:06 PM)B_Hawk06 Wrote:  It’s the pump’s fault. All the gas pumps around the country are out to get us.

We must demonize the manufacturers of the gas pumps.


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What you have to realize before you start crying like a 12 year old is that as these prices rise, your paycheck is rising as well to offset it. My Republican friend was crying about gas prices while at the same time telling me about her "special" pay raise. I asked her how much was the pay raise. Not to my surprise it came out to about 8% of her annual income. Well DUH?! That's inflation-adjustment. So tell me again, how are rising gas prices hurting when your paycheck is keeping up with it? Even if it doesn't keep up by a percent or 2 either way each year, that's just statistical deviation which happens every year, high inflation or not.

Maybe your friend got a pay raise, but many of us don’t. I’m in the military. We don’t get annual bonuses, and much to the chagrin of your failure of a point, over the last couple years our COLA and BAH (Cost of Living Adjustment and Basic Allowance for Housing) have both decreased. We usually get a 1-2% annual raise.

Except in the last year and a half gas prices of skyrocketed. The price of beef is up about 8-10%, the same for fruits and vegetables.

The numbers of soldiers and sailors applying to WIC is up also.

So tell me again, since you know me and my income so we’ll how things are going well?

You’re a farce. Actually, don’t even bother responding to me, because I’m exhausted with reading your stupidity. Just know, you’re wrong.


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(05-29-2022 01:47 PM)B_Hawk06 Wrote:  

(05-28-2022 08:00 PM)scorpius Wrote:  

(05-27-2022 07:06 PM)B_Hawk06 Wrote:  It’s the pump’s fault. All the gas pumps around the country are out to get us.

We must demonize the manufacturers of the gas pumps.

What you have to realize before you start crying like a 12 year old is that as these prices rise, your paycheck is rising as well to offset it. My Republican friend was crying about gas prices while at the same time telling me about her "special" pay raise. I asked her how much was the pay raise. Not to my surprise it came out to about 8% of her annual income. Well DUH?! That's inflation-adjustment. So tell me again, how are rising gas prices hurting when your paycheck is keeping up with it? Even if it doesn't keep up by a percent or 2 either way each year, that's just statistical deviation which happens every year, high inflation or not.

Maybe your friend got a pay raise, but many of us don’t. I’m in the military. We don’t get annual bonuses, and much to the chagrin of your failure of a point, over the last couple years our COLA and BAH (Cost of Living Adjustment and Basic Allowance for Housing) have both decreased. We usually get a 1-2% annual raise.

Except in the last year and a half gas prices of skyrocketed. The price of beef is up about 8-10%, the same for fruits and vegetables.

The numbers of soldiers and sailors applying to WIC is up also.

So tell me again, since you know me and my income so we’ll how things are going well?

You’re a farce. Actually, don’t even bother responding to me, because I’m exhausted with reading your stupidity. Just know, you’re wrong.

The final paragraph is the one to acknowledge and emulate. B_Hawk nailed it.

Scorpius is truly a much younger/inexperienced individual throwing idiotic $h1t against the wall or is being deliberately contrary to what is actually going down right now in the USA.

I simply ignore the posts by Scorpius; they scream "Look at me!!" and are the irritating prattle of a smarmy kid that tries too hard to act like the expert in the room.

Which will happen first? $10 per gallon gas or Scorpius giving birth.

(05-30-2022 10:04 AM)UofMstateU Wrote:  Which will happen first? $10 per gallon gas or Scorpius giving birth.

We'll know by Labor Day.

(05-27-2022 07:21 AM)gdunn Wrote:  It's amazing a President shuts down all domestic oil production and then begs other countries for oil, but he's not at fault. Hot take.

Shut down all domestic oil production? Gotta link?

(05-30-2022 10:42 AM)Owl 69/70/75 Wrote:  

(05-30-2022 10:04 AM)UofMstateU Wrote:  Which will happen first? $10 per gallon gas or Scorpius giving birth.

We'll know by Labor Day.

lulz....well played....

Let me get this straight... before gas price/food price/rent price spikes, dems said we needed 15 an hour minimum wage.

Now people are making more money, but all the prices have spiked and now dems are saying "well what do you expect we are making more money"


so you are now admitting that we didnt need 15 an hour minimum wage before because the prices were low?

(05-30-2022 12:27 PM)memtigbb Wrote:  Let me get this straight... before gas price/food price/rent price spikes, dems said we needed 15 an hour minimum wage.

Now people are making more money, but all the prices have spiked and now dems are saying "well what do you expect we are making more money"


so you are now admitting that we didnt need 15 an hour minimum wage before because the prices were low?

if you think inflation is bad now, wait til all the people making $15 per hour for non-skilled work start making a "livable wage".

$4.79 now

The food prices at Kroger are totally out of hand.

I dodged a cannonball, bit still got hit by a bullet at $4.56 tonight at Speedway. The advertised price at the pump was $4.79, but the Speedway Gas Price Guarantee was in effect. The station next door was at $4.99.

(05-31-2022 08:55 PM)chargeradio Wrote:  I dodged a cannonball, bit still got hit by a bullet at $4.56 tonight at Speedway. The advertised price at the pump was $4.79, but the Speedway Gas Price Guarantee was in effect. The station next door was at $4.99.

It’s just the beginning of summer. Prices are about to skyrocket.


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(05-31-2022 09:08 PM)B_Hawk06 Wrote:  

(05-31-2022 08:55 PM)chargeradio Wrote:  I dodged a cannonball, bit still got hit by a bullet at $4.56 tonight at Speedway. The advertised price at the pump was $4.79, but the Speedway Gas Price Guarantee was in effect. The station next door was at $4.99.

It’s just the beginning of summer. Prices are about to skyrocket.


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Food prices will follow suit.

(05-31-2022 10:09 PM)rath v2.0 Wrote:  

(05-31-2022 09:08 PM)B_Hawk06 Wrote:  

(05-31-2022 08:55 PM)chargeradio Wrote:  I dodged a cannonball, bit still got hit by a bullet at $4.56 tonight at Speedway. The advertised price at the pump was $4.79, but the Speedway Gas Price Guarantee was in effect. The station next door was at $4.99.

It’s just the beginning of summer. Prices are about to skyrocket.


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Food prices will follow suit.

They are already hurting people like me, I don't have the income some of you have.

If you are on a fix or low income its already hurting bad. I'm already making plans to eliminate certain things because I won't be able to afford them by this time next year. And I was already down to the bare necessities.

(05-30-2022 02:04 PM)UofMstateU Wrote:  if you think inflation is bad now, wait til all the people making $15 per hour for non-skilled work start making a "livable wage".

This is probably the most accurate statement I've seen in the responses. Keeping the minimum wage to basically slave labor rates has an amazing effect in that it helps keep inflation in check. But then you're oppressing the slaves.

As for military pay, or really any and all government workers in general, they get cost of living pay raises every year, usually near the end of the year. Military handles it differently in that it's not automatic. We have Republicans to blame for that. They don't make it automatic just so they can claim some big win at the end of the year saying how much they raised military pay in the defense budget. Reality is for anyone in the know, they are shafting the active military by not making it automatic like retired military, disabled veterans, social security etc.

As I've said in previous threads in the past decade or so, the real cost of inflation is only short term. You're only hit from the time the prices go up to the time of the inflation adjustment in your pay, which is on average of about 6 months or so.. could be sooner or later. Even civilian workers routinely get annual inflation adjustments even if you don't realize that's what it actually is. But yes, a short term hit to your buying power can have a short term hit on the economy in general. And that's what we're seeing now.

(05-31-2022 10:09 PM)rath v2.0 Wrote:  

(05-31-2022 09:08 PM)B_Hawk06 Wrote:  

(05-31-2022 08:55 PM)chargeradio Wrote:  I dodged a cannonball, bit still got hit by a bullet at $4.56 tonight at Speedway. The advertised price at the pump was $4.79, but the Speedway Gas Price Guarantee was in effect. The station next door was at $4.99.

It’s just the beginning of summer. Prices are about to skyrocket.


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Food prices will follow suit.

By necessity.

I filled up yesterday at 4.21. Not sure how many for 400 M trips we’ll be taking to our beach spot, maybe just one/two more.

Is this really where we now live? Can’t travel to the vacation spot we own?
What does this remind anyone else of?

Guess I need to cozy up to an Oligarch of one sort or another.

My gosh you freaks have Fvcked up this country so bad in two short years, those of us who have worked for 40+ years can’t even enjoy the fruits of our labor.

Buckle up. Saddle up. This dystopian utopia is coming to a close you loons.

Enough