Friday, December 10, 2021

In light of 6.8 percent, a 39-year high inflation number...

It looks like BBB might be dead for a while...


Joe Manchin has been resistant to spending trillions of dollars as inflation runs amok. He has suggested that Democrats take a step back and wait to see how this whole inflation things works out. At this point in time, it would seem that 6.8% is the sort of number that should make more people than Joe Manchin to take pause. 

Manchin very recently (and for the first time) has suggested that he could completely leave the Democratic Party if he continues to get pressured on this issue. You can only bully someone for so long before they just decide to avoid you all together. I think that threat along with this number probably means there won't be much talk of passing BBB before the end of the year. 

More to the point, the President is wearing no clothes and has no real bully pulpit. There is zero reason for a locally popular Senator to cater to the wishes of an extremely unpopular President. The President might be best to stop embarrassing himself by pretending he holds sway here.

29 comments:

Anonymous said...

Let's Go Brandon
UMich Consumer Sentiment
Bidenomics. 70.4
Trumponimics 80.7 one year ago

President Donald J. Trump said...



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Anonymous said...


Decent, honest teller of truthDecember 10, 2021 at 7:44 AM

Oh the billionaires and millionaires are doing quite well thank you. They have profited from the pandemic.

Time to share"

Roger , do you agree with Jamesnewleaf?

anonymous said...

I agree with James that you should stick to fucking goats!!!!!! BWAAAAAAAAAAAAA!!!!

Anonymous said...

Ok, Roger's Rectum.

But , can you attempt a real thought to the question.

Anonymous said...

Roger's Rectum, you have to be a millionaire, given what you have told us.

Coldheartedtruth Teller said...

Climate change is a Democratic hoax

CNN is propaganda

Be on alert for strong nighttime tornadoes Friday into Saturday morning
By Derek Van Dam and Haley Brink, CNN Meteorologists
Updated Dec 10, 2021
(CNN) - A powerful storm racing across the central US will produce a range of potential hazards, including the possibility of strong nighttime tornadoes, heavy snow and strong winds to start the weekend.
Severe weather is expected to develop late Friday from the lower Mississippi Valley to central Ohio ahead of a strong cold front, with the greatest threat for nighttime tornadoes stretching from Arkansas to Indiana.
Over 55 million people are at risk for severe storms Friday.
"This dynamic, sprawling storm will impact more than half the country. It's a classic clash of air masses," said CNN meteorologist Gene Norman.
As cold, arctic air surges south it will clash with record warm and humid air in place across the South, sparking severe storms where the air masses meet.
A tornado watch was issued late Friday afternoon for central and eastern Arkansas, southeastern Missouri, northwestern Mississippi, western Tennessee, western Kentucky, southern Illinois and southwestern Indiana, according to National Oceanic and Atmospheric Administration's Storm Prediction Center.
The watch is in effect until 11 p.m. CST and includes Memphis, Tennessee; Little Rock, Arkansas; Paducah, Kentucky; and Evansville, Indiana.
Strong thunderstorms are expected to develop with storm coverage increasing through the evening. In addition to tornadoes, wind gusts up to 75 mph and hail up to 2 inches in diameter are also possible.
A

Coldheartedtruth Teller said...

second tornado watch was issued Friday evening for portions of Missouri and Illinois. The watch is also in effect until 11 p.m. CST and includes St. Louis, Jefferson City and Springfield in Missouri and Springfield and Quincy in Illinois.
A moderate risk of severe storms -- level 4 out of 5 -- has been issued for over 2 million people, including in the city of Memphis, by the Storm Prediction Center. This area has the greatest probability of strong EF2-EF5 tornadoes with winds of at least 111 mph or higher possible.
The last time there was a moderate risk of severe storms issued in December was December 16, 2019.
An enhanced risk -- level 3 -- surrounds this moderate risk zone and covers major cities like Indianapolis, Nashville, St. Louis, Missouri, and Louisville, Kentucky.
Meanwhile, a slight risk -- level 2 -- of severe storms encompasses the enhanced risk area and extends from eastern Texas through northern Indiana. There is also a marginal risk -- level 1 -- of severe storms that stretches from the Gulf Coast of Texas to the Great Lakes.
"The main concerns will be for occasional tornadoes (some potentially capable of EF2+ damage) and scattered, damaging thunderstorm gusts," the prediction center said Friday morning. "Though late-afternoon development near the front is possible, the overwhelming majority of strong-severe convection should be after dark."
Severe storms developing after dark pose a significant threat for nighttime tornadoes to occur, some of which may be strong, according to prediction center.
"Nighttime tornadoes are statistically more than twice as deadly as day time storms," CNN meteorologist Dave Hennen said.
Southern states including Tennessee, Kentucky and Arkansas experience more overnight tornadoes than any other region. This can lead to higher fatalities, since many people are sleeping and unaware that a tornado is approaching.

Coldheartedtruth Teller said...

This is why it is important to have an alert system such as a weather radio or an app on your phone that can wake you up if a tornado watch or warning is issued for your area.
Winter returns for a large section of the US
On the northern part of this system, snow will blanket a large part of the country from the Intermountain West to the Upper Great Lakes through Saturday. Over 10 million Americans are under some form of winter weather alerts from this system.
Light snow fell Friday morning at Denver's International Airport, meaning the area finally recorded its first measurable snow of the season, defined as a 10th of an inch or greater.
This brings an end to the record snow drought the city had been experiencing. Since 1882, the city had never made it into December without measurable snow. The previous record for latest measurable snow was November 21, 1934.
The city also went 232 consecutive days without measurable snow, the second-longest streak in recorded history. The record is 235 days: from March 5 to October 25, 1887.
The snow is expected to be light in Denver, with the forecast calling for around 1 inch of accumulation today, with higher tallies in the mountains to the West.
Elsewhere, many motorists will be forced to test their winter driving skills for the first time this season as conditions quickly deteriorate under a band of heavy snow from Cheyenne, Wyoming, to Marquette, Michigan.
"Given this is the first widespread and significant snowfall of the season, residents in these areas are urged to plan ahead and take proper precautions if venturing out into the storm," explained the prediction center.
Snowfall rates of 1 to 2 inches per hour are possible tonight into Saturday morning across a large stretch of the Upper Midwest and Great Lakes region.
A widespread area of 6 inches of snow is anticipated, with up to a foot possible where the center of the low-pressure system pivots and dumps the heaviest snowfall. This area includes southern Minnesota, northern Wisconsin and portions of Michigan's Upper Peninsula.
Heavy snow will be accompanied by strong gusty winds that will make travel conditions extremely difficult.
Blowing snow from winds gusting over 50 mph will reduce visibilities and create slick roads from the Central Plains to the Upper Great Lakes. Potential travel impacts could be greatest across the heavily traversed Interstate 90 corridor.
High winds expected behind system
As the storm pushes east late Friday, it will intensify, allowing for howling winds to develop.
A High Wind Watch is in effect from Saturday morning through Saturday evening for much of southern Michigan, including Detroit, where southwest winds of 20 to 30 mph with gusts into up to 60 mph are possible.
This could lead to downed trees and power lines. "Widespread power outages are possible," the weather service warns.
Those high winds will also impact areas in and around Lake Michigan, including Chicago, as a gale watch remains in effect from late Friday night through Saturday afternoon.
As the storm moves across the area, northwest winds of 25 to 35 knots are expected with gusts up to 45 knots along with 6- to 13-foot waves.
TM & © 2021 Cable News Network, Inc.
A WarnerMedia Company.
All Rights Reserved.

Coldheartedtruth Teller said...

Be on alert for strong nighttime tornadoes Friday into Saturday morning

https://www.cnn.com/2021/12/10/weather/winter-storm-tornado-wind-threat/index.html

Anonymous said...

Decent, honest teller of truthDecember 10, 2021 at 7:44 AM

Oh the billionaires and millionaires are doing quite well thank you. They have profited from the pandemic.

Time to share"

Roger , do you agree with Jamesnewleaf?

The Real Coldheartedtruth said...

Technically, the next attempt to overthrow a national election may not qualify as a coup. It will rely on subversion more than violence, although each will have its place. If the plot succeeds, the ballots cast by American voters will not decide the presidency in 2024. Thousands of votes will be thrown away, or millions, to produce the required effect. The winner will be declared the loser. The loser will be certified president-elect.

Anonymous said...

Bidenomics sucks .


6.8 % inflation was never ever "Transitory ".

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Bidenomics, no where to hide Joe.

"Inflation has surpassed the coronavirus as the number one concern for Americans, a Friday CNBC poll revealed.

The Labor Department announced Friday that runaway inflation reached a 40 year high in November, and Americans have marked inflation as the top national concern, transplanting coronavirus, crime, and immigration."

Coldheartedtruth Teller said...

What to watch: About half of the overall monthly jump in prices stemmed from pricier cars and energy (including gasoline) alone. But shelter costs — up 0.5%, matching the quick pace set the prior month — were the giant red flag.

"Once you start to see prices accelerating here, it doesn't tend to reverse quickly," says Aneta Markowska, an economist at Jefferies.

The bottom line: Mega-demand for goods from flush consumers, supply chain snafus and jumping housing costs have collided to create the most expensive economy in almost four decades.

Supply and demand kputz

Coldheartedtruth Teller said...

https://www.axios.com/rising-consumer-costs-inflation-burst-fd5b108f-65e4-47f0-8378-91b342f9b6c4.html

Coldheartedtruth Teller said...

The supply chain is still screwed up

One of the clearest ways to understand why prices are rising is to track how physical goods have been stuck in place. This is generally what’s meant when people refer to problems in the supply chain, an interconnected global web of manufacturers, ships, ports, trucks, and deliveries meant to get goods into the hands of you, the consumer. Normally, things run pretty smoothly, but wave after wave of COVID infections in places like Vietnam — the sixth largest goods supplier for the US — have pushed back manufacturing, leading to a domino effect for everything down the chain.


Coldheartedtruth Teller said...

People are still spending their stimulus money. Aka demand

The last two years have seen an unprecedented $5 trillion sent directly to US citizens and businesses in order to keep families from starving and businesses from closing while states ordered people to stay at home. At the same time, the Fed kept interest rates at practically zero, making it cheaper and easier than it had been in years to borrow money for things like a house or a car. Thanks to additional social programs like the child tax credit, financial cushions are more stable than ever for more people. The result? There’s more money in the system and consumers have done what they do best — buy stuff, price and supply chain be damned. “Demand across the economy recovered a lot faster than most households and businesses anticipated,” said Joel Prakken, Chief US Economist for IHS Markit.

On the other side of the supply-and-demand equation, corporate America has also had a role in rising prices. Public companies had one of its best earnings seasons ever last quarter, boosted not only by the stimulus money that’s leaving customers’ accounts, but by the subsidies that came directly from the government for the businesses. That gave them the leeway to raise prices – even on products that weren’t facing supply chain problems. “It does put sellers in the driver’s seat in terms of being able to raise prices without fear of losing market share,”

Kputz's economic knowledge would fill a condom

Coldheartedtruth Teller said...

https://www.msn.com/en-us/money/markets/here-s-what-you-can-blame-for-everything-being-so-expensive/ar-AARGj77

Coldheartedtruth Teller said...

This is why Republicans are scared of CRT and the highest education people who are very wealthy.

The brainiest of people are convinced that (1) unless we de-carbonize, the planet will burn up and (2) natural anti-bodies do not exempt “anti-vaxxers” from the compulsory two jabs and a booster.

If brilliant and foolish seem an impossible couplet it’s because they are not opposites. Wise is the opposite of foolish. To be wise is to be sensible and to have the common sense a fool lacks. What is it about public health that accounts for the preponderance of brilliant idiots?

I got the clue from a catchy headline. “Can too many brainy people be a dangerous thing?”



Anonymous said...

Bidenomics are the continuation of the Lost Years if Obimbo.

"Americans spent a total of about $10.7 billion on Cyber Monday, down 1.4% from 2020 in the first yearly decline ever, according to the Adobe Digital Economy Index on Tuesday morning.Nov 30, 2021"

Anonymous said...

Roger I have reduced you to being my troll.

anonymous said...

The goat fucking unemployed loser still posting his delusional gibberish without a clue of reality!!!!! BWAAAAAAAAAA!!!!! The sick fucking asshole has no job....was given his home and thinks others should emulate his success!!!! LOLOLOLOLOL

Anonymous said...

Aww look Roger's Rectum shit himself , again defending Roger.

Anonymous said...

Denny is a millionaire, according to what he posted here.

Two homes, a great pension, stock investments and personal savings.

Roger is a broke and broken Troll .

Anonymous said...

Oh look my Troll Roger finally found two dots and connected them, well he didn't because he can't a fawning socialist Democrat did it for him.

"subsidies that came directly from the government for the businesses. That gave them the leeway to raise prices"

So business double dipped, they took government hand outs and raised prices .
Winning Alky ?

anonymous said...

BWAAAAAAAAAAA!!!! The goat fucking poster of gibberish is no projecting because his life is sooooooo pathetic!!!!!!!!LOLOLOLOLOLOL

Coldheartedtruth Teller said...

More evidence that the President was coordinating the January 6th attacks on the Capitol building.

Two days before the January 6 insurrection several Republican U.S. Senators and Representatives were briefed on a 38-page coup PowerPoint memo. That document is being described as a roadmap for then-President Donald Trump to declare a national security emergency, invalidate all electronic votes, and move to have himself declared the winner of the 2020 presidential election.

It does not appear that any of the Republican lawmakers alerted the public to the in-process coup attempt. It is not known if they alerted the Dept. of Justice, FBI, or other law enforcement agency.

Our nation is at risk until the Republicans divorce Donald Trump.