Friday, March 25, 2022

Headed for slow down?

Recession risks are 'uncomfortably high and moving higher,' Mark Zandi says
The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces credible threats that could lead to its premature demise. The US economy has at least a one-in-three chance of sinking into a recession over the next 12 months, Moody's Analytics chief economist Mark Zandi told CNN. "Recession risks are uncomfortably high -- and moving higher," Zandi said. Before Russia invaded Ukraine, economists hoped energy prices and overall inflation would cool off this spring and summer. Now, the inflation outlook has darkened, with prices for gasoline, food, metals and other raw materials rising sharply.

"It's reasonable to be nervous here," Zandi said. "The Russian invasion and the spike in oil and commodity prices really changed things." Goldman Sachs economists said earlier this month the chance of a recession in the United States over the next year has climbed to as high as 35%.

Now 35% is still less than a coin flip. But the issue isn't there is a 35% chance we have a recession (literal reduction in GDP growth in consecutive quarter) and a 65% we have a glowing economy. The issue is that we are looking at a slow down one way or the other, with the odds being about one in three that it drops far enough to be considered a technical recession.

That being said, we have people in this country today who believe we are currently in a recession even as the GDP is doing pretty well. So if things get worse over the next few months, the number or Americans who will say we are in a recession will grow and likely be much larger than those who literally understand what a recession is and how it is defined.

Either way, any talk of a recession is going to further erode support for "the big guy" in the White House. He is currently at a minus 12 and barely over 41%. That does not bode well for midterms and if the economy tanks over the summer... many democrats can bend over and kiss their own arses goodbye. 


87 comments:

Anonymous said...

Intentionally hurting Americans.

Biden promises food shortages.
And higher prices on food.

It is his plan .

It is working well.

10% inflation soon.

rrb said...

That being said, we have people in this country today who believe we are currently in a recession even as the GDP is doing pretty well. So if things get worse over the next few months, the number or Americans who will say we are in a recession will grow and likely be much larger than those who literally understand what a recession is and how it is defined.

Are we in a recession by the technical definition? No. But talk to the guy making $60K/year spending $80 to fill his tank vs. $40 under Trump. A guy who has seen his real wages get crushed by Biden-flation. A guy whose 8 year old son is being taught how to suck cock by some rainbow flag waving mental patient who conned it's way into a teaching gig because they suck at everything else.

The best we can hope for is to slam Joey Sprinkles into the penalty box at the mid-terms. If we don't we're fucked, and the left will get the hot civil war they desire.

Coldheartedtruth Teller said...

Clarence Thomas won't resign, Clarence Thomas won't resign, 'Congress must move to impeach'


Calls for Supreme Court Justice Clarence Thomas to resign—or face impeachment proceedings—mounted late Thursday after text messages revealed that his wife urged former White House Chief of Staff Mark Meadows to aggressively pursue efforts to overturn the 2020 election results.

The Washington Post and CBS News obtained dozens of texts that Ginni Thomas, a long-time far-right activist who attended the January 6 rally that preceded the Capitol assault, sent to Meadows in the wake of Trump's election loss, which she characterized as fraudulent while her husband was hearing election-related cases.

"Clarence Thomas must immediately resign from his seat on the Supreme Court."

"Release the Kraken and save us from the left taking America down," Thomas wrote in a November 19 message to Meadows, echoing a slogan that served as a rallying cry for pro-Trump groups.

All but one of the texts between Thomas and Meadows, most of which were written by Thomas, were sent between November 4 and November 24, 2020. One text was sent on January 10, 2021 in the wake of the Capitol insurrection.

Justice Thomas, who was just released from the hospital, has thus far declined to recuse himself from Supreme Court cases in which his wife's right-wing activism could pose a conflict of interest.

Thomas was the only justice to publicly argue that the high court should have granted former President Donald Trump's motion to block the National Archives from handing White House documents over to a congressional panel investigating the January 6 attack. The Supreme Court ultimately rejected Trump's request.

The house could impeach him with a simple majority vote.

But the Senate requires a two third majority vote.

His vote for Trump's motion to block the National Archives from handing White House documents over to a congressional panel investigating the January 6 attack, is grounds for impeachment. The Supreme Court ultimately rejected Trump's request.

If he resigns, the President would nominate another liberal justice.

It would still have a conservation majority, but Chief Justice Roberts is a great American.

And eventually, the most dangerous people will not prevail.

The founding fathers created the greatest nation on earth.

Anonymous said...

Wrong thread hack Alky.

Please don't spam this one too.

Tell how great Bidenomics are?

Did you find a bank that will loan you 500k for you ?

Moving out date is????

Anonymous said...

Truckers see $1,000 fill ups .

That cost has yet to make it self to the Shelves.

Coldheartedtruth Teller said...

The last two economic crises provide important lessons for the design of state and local fiscal recovery funds in future downturns. Federal aid to states and territories in response to the Great Recession was too small (covering only one-quarter of state budget shortfalls) and ended too soon, and local and tribal governments received no federal aid. As a result, layoffs and deep, recession-induced spending cuts by states and other governments weakened the recovery. In the current crisis, federal aid to states, localities, territories, and tribal governments was far more robust and, in the SLFRF, gave them more time to use it. This was particularly appropriate since the pandemic produced a highly uncertain and still-unfolding economic and fiscal situation, and many of its harmful impacts may last longer than the effects of a more typical recession.

In a future crisis, policymakers should avoid the mistakes of the Great Recession’s fiscal aid response and err on the side of ensuring that states and other governments have enough aid to meet the needs of residents and businesses. Policymakers can consider ways to link the amount of aid and its duration to economic conditions, though doing so presents design challenges and it is important not to under-shoot what’s needed. Policymakers should require states and other governments to spend sizeable portions of the aid in ways that particularly help low-income people, communities of color, and others especially likely to be harmed by an economic crisis. They also can consider additional ways to limit the use of funds, again recognizing the challenges in striking a reasonable balance between allowing states and other governments flexibility and ensuring funds aren’t used in problematic ways. Finally, policymakers should continue to support the fiscal health of tribal governments during future recessions; the first-ever fiscal aid provided during this downturn was a historic advance and sets an important, positive precedent.

Anonymous said...

Stop.Alky.

You are in way over your head.

We don't need Trillions more in debt.

Stop thinking more government spending is a solution , it never is dumb boi.

Coldheartedtruth Teller said...

Robust COVID Relief Achieved Historic Gains Against Poverty and Hardship, Bolstered Economy

https://www.cbpp.org

Anonymous said...

While Joe was sucking on and ice cream cone, he was tell Americans it was just "transitory inflation"
Fake nonsense term
Now it is systemic inflation a real economic term.

Anonymous said...

Bidenomics facts
NEW DATA: @Columbia's Center on Poverty and Social Policy now says that 3.4 million more children were in poverty in February than in December 2021.16 hours ago

Anonymous said...

The socialist Democrat answer is always the same , tax, spend, rinse, repeat.

Honest, decent, truthful Rev. said...

WOW.

Russia Signals Scaled-Back War Aims
1:28 pm EDT
“Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists as Ukrainian forces went on the offensive to recapture towns on the outskirts of the capital Kyiv,”
Reuters reports.

However, the AP reports Vladimir Putin’s war “is approaching a new, potentially more dangerous phase after a month of fighting has left Russian forces stalled by an outnumbered foe.

“He is left with stark choices — how and where to replenish his spent ground forces, whether to attack the flow of Western arms to Ukrainian defenders, and at what cost he might escalate or widen the war.”


BIGGER WOW

Russian Troops Killed Their Commander
12:47 pm
A Russian brigade commander has been killed deliberately by his own troops after his unit suffered many losses in Ukraine, Sky News reports.

Said a western official:
“That just gives an insight into perhaps some of the morale challenges that Russian forces are having.”

Coldheartedtruth Teller said...

But fortunately, this would probably help us out! A lot of this is energy independence, reducing inflation rates and avoid the recession you❤.


Sen. Joe Manchin (D-W.Va.) told a group of climate activists and energy executives he's open to supporting revised Build Back Better legislation narrowly addressing three issues: climate change, prescription drug prices and deficit reduction.

Why it matters: Manchin’s private comments during a closed-door dinner Monday are a clear indication he’s serious about returning to the negotiating table, but for a much smaller version of President Biden's initial $3.5 trillion proposal, people familiar with the matter tell Axios.

His comments at the closed-door dinner, hosted by the American Clean Power Association, the trade association for the renewable energy industry, are consistent with conversations Manchin has had with Senate colleagues.

In those informal talks, he's outlined a deal that includes roughly $500 billion for climate and $1 trillion in new revenue.

But the senator isn't indicating any support for universal preschool or any of the other care-economy proposals that were included in Biden's initial "human infrastructure" package.

And Manchin is insisting on reducing the deficit with at least half of the revenue from new corporate taxes, as well as the estimated savings from allowing Medicare to directly negotiate the cost of prescription drugs.

What they are saying: “Sen. Manchin is always willing to engage in discussions about the best way to move our country forward,” said Sam Runyon, the senator’s communications director.

“He remains seriously concerned about the financial status of our country, and believes fighting inflation by restoring fairness to our tax system and paying down our national debt must be our first priority.”


“He has made clear that we can protect energy independence and respond to climate change at the same time,” she said. “He continues to believe we can and must lower the cost of prescription drugs for working Americans.”

Honest, decent, truthful Rev. said...

We have a wonderful, conscientious black female candidate headed for definite appointment to the Supreme Court,
and what kind of a black Supreme Court member is in deep trouble right now?

C.H. Truth said...

Calls for Supreme Court Justice Clarence Thomas to resign—or face impeachment proceedings—mounted late Thursday after text messages revealed that his wife urged former White House Chief of Staff Mark Meadows to aggressively pursue efforts to overturn the 2020 election results.


So to be clear here...

We cannot talk about Hunter Biden (in spite of the fact that his pay for play schemes involved Joe Biden) because Hunter is a private citizen.

But you can impeach a sitting Justice because his wife has a political view unpopular with liberals?

Anonymous said...

Yep. That sums it up

Honest, decent, truthful Rev. said...

Blumenthal Says Clarence Thomas Should Testify
1:26 pm
Sen. Richard Blumenthal (D-CT) told CBS News that Justice Clarence Thomas should consider “voluntarily appearing” before January 6 Committee to resolve questions around his wife’s text messages with Trump White House chief of staff Mark Meadows.

Anonymous said...

The lies are always flowing from the Three Socialist Stooges of CHT.

Exactly no one ❤ recession

When anyone of the Three Socialist Stooges of CUT loses a debate, they move onto lies.

Anonymous said...

God , Alky has killed this thread with off topic slamming.

C ya

Honest, decent, truthful Rev. said...

CH SAYS:
But you can impeach a sitting Justice because his wife has a political view unpopular with liberals?
_______

GET THIS STRAIGHT, CH:
Attempting to overthrow a democratically determined election outcome is not merely "a political view."

Honest, decent, truthful Rev. said...

Republicans Debate Executing Women Over Abortion
1:55 pm EDT

Fort Worth Star-Telegram:

“Should Texas punish abortions by putting teenage girls and women to death? Or not?

“That’s the current debate in the Republican Party of Texas, where outlawing abortion is no longer a question of ‘if’ or ‘when’
but a question of whether to kill women for getting one.”
______

Now, that's the Fort Worth Star-Telegram that is asking that question.

rrb said...

GET THIS STRAIGHT, CH:
Attempting to overthrow a democratically determined election outcome is not merely "a political view."



Get THIS straight, pederast. Not a single J6 protestor has even been charged with "insurrection", so I don't think your mythical "overthrow" is even on the table, and certainly not with Ginni Thomas.

So go fuck yourself instead of a small boy for a change, pederast.

C.H. Truth said...

Attempting to overthrow a democratically determined election outcome is not merely "a political view."

Well Reverend....

Then most certainly they can impeach Ginni Thomas, huh...

You know, for the opinions "she" provided regarding the 2020 election.

rrb said...

Fort Worth Star-Telegram:

“Should Texas punish abortions by putting teenage girls and women to death? Or not?



Unless there is a biologist on the staff of the Fort Worth Star-Telegram, I would say they're simply not qualified to ask that question in the first place, so their attempt at hyperbolic histrionics falls woefully short.

LMAO.

Anonymous said...

No plan, just oh shucks.

"“With regard to food shortages—yes, we did talk about food shortages, and, uh, and it’s gonna be real,” Biden

Anonymous said...

I am an Economist.
KU ,

 “The price of these sanctions is not just imposed upon Russia; it’s imposed upon an awful lot of countries, as well. Including European countries and our country, as well.”

Are you into being punished by Biden?

rrb said...



Nearly One-Third of Americans Expect to Be Poorer in a Year

Never before have so many Americans felt their prospects are so rotten.

The University of Michigan’s survey of consumer sentiment showed on Friday that 32 percent of Americans expect the financial condition of their household to worsen over the coming year, a record high share, largely due to rising prices

“When asked to explain changes in their finances in their own words, more consumers mentioned reduced living standards due to rising inflation than any other time except during the two worst recessions in the past fifty years: from March 1979 to April 1981, and from May to October 2008. Moreover, 32% of all consumers expected their overall financial position to worsen in the year ahead, the highest recorded level since the surveys started in the mid-1940s,” said Richard Curtin, the chief economist of the survey.

Consumer sentiment has declined sharply in Biden’s first year in office, with the University of Michigan measure dropping 30 percent from a year ago. What’s more, just 16 percent say they have confidence in the country’s economic policies, one-third as many as those who say they do not have confidence.

About seven in 10 Americans say the nation’s economy is in bad shape, and nearly two-thirds disapprove of Biden’s handling of the economy, according to a poll released Friday from The Associated Press-NORC Center for Public Affairs Research.


https://www.breitbart.com/economy/2022/03/25/nearly-one-third-of-americans-expect-to-be-poorer-in-a-year/

Coldheartedtruth Teller said...

He's still trying to get elected instead of.....


Former Vice President Mike Pence said on Friday that the Trump administration “stood up to Kim Jong Un” and blamed the Biden administration for North Korea’s latest missile test.

“The fact that for the first time in more than four years, Kim Jong Un fired an intercontinental ballistic missile that went into space and landed in the sea of Japan is a great concern,” Pence said in an interview with “Fox & Friends” on Friday.

“South Korea responded strongly with five different short-range missile launches, but it's important to remember this stopped happening under the Trump-Pence administration, because we stood up to Kim Jong Un. We brought a maximum pressure campaign on him.”

Pence said that the Biden administration was “begging” Iran to reenter the Iran nuclear deal, which he believes North Korea has interpreted as capitulation.

“I honestly believe that as you see the Biden administration, you know, literally begging Iran to reenter the Iran nuclear deal. I think that has sent a message of capitulation that they are hearing in North Korea, and so they're back to their old cycle of provocation,” Pence said.

“Again, I've said many times, you know, peace comes through strength, but weakness arouses evil.”

Coldheartedtruth Teller said...

The fake news is saying the same thing about Sleepy Joe Biden... In regards to.

Ketanji Brown Jackson is a Trojan Horse
For crying out loud, it’s 2022 and, in the federal government women are still being promoted based on their looks rather than their qualifications for the job. And by POTUS no less! Well, Biden is just a derivative iteration of Harvey Weinstein.

Around twenty years ago, he twice participated in filibustering (Black, female) Judge Janice Rogers Brown’s nomination to the U.S. Court of Appeals. She finally was approved in 2005. Then, Biden advised President Bush that if he dared to nominate Brown to the Supreme Court, he would filibuster her again and prevail. At the same time, Democrats also filibustered a Hispanic male judge, two other female judges, and a male judge of Lebanese descent, among others. How very diverse, inclusive, and equitatious of them.

However, Judge Ketanji Brown Jackson does have several attributes in common with the President. For one, she’s got a lousy memory. Indeed, it was Senator Cruz’s careful and repetitious questioning, that helped her to recall quite a few things about herself that she had previously forgotten. Such a lack of self-awareness from one who anticipates setting precedent is disturbing.

She did independently recall “staring at the image on the cover [of Derrick Bell’s book Faces At The Bottom Of The Well] when I was growing up.” She must have been a very late bloomer. That book was first published when she was a senior at Harvard.

Judge Jackson is no scholar. She’s a graduate of Harvard and Harvard Law, yet couldn’t recall the core arguments in the pivotal Dred Scott case. How does she expect to converse intelligently with thoroughly prepared lawyers regarding precedent and relevance in cases that will appear before her in the Supreme Court?

Anonymous said...

Christ, Alky is an air head.
Has the focus of a 1 year old.

Topic Thread Economic.

"The University of Michigan’s survey of consumer sentiment showed on Friday that 32 percent of Americans expect the financial condition of their household to worsen over the coming year, a record high share, largely due to rising prices"

Historic gloom. Carter years were better.

C.H. Truth said...

Former Vice President Mike Pence said on Friday that the Trump administration “stood up to Kim Jong Un” and blamed the Biden administration for North Korea’s latest missile test.


Sure Roger...

Just a coincidence that the Taliban went on the move, Putin invaded Ukraine, Iran flexed their nuclear muscle, and now China is firing shots across the international bow. All in the first year or so of the Biden Presidency.


Just a coincidence. Nothing to see here! Must be the bad orange man's fault!

anonymous said...

Blogger KansasDemocrat said...
I am an Economist.
KU ,



BWAAAAAAAAAAAAAAAAA!!!!!! I guess that's why you post here......LOLOLOLOL!!!!!!! Fucking loser and still lying!!!!!!!!

Anonymous said...

RRB

This is heartbreaking news.

"The University of Michigan’s survey of consumer sentiment showed on Friday that 32 percent of Americans expect the financial condition of their household to worsen over the coming year, a record high share, largely due to rising prices".

Anonymous said...

Oh look, Scarecrow Denny is defending Roger.

Lol@the butt boys.

Anonymous said...

Can anyone recall a President that said to America , they have to tell their family they will go hungery.

Coldheartedtruth Teller said...

For a while, you seemed to legitimately believe Biden really won, but likely because you boiled your own brain in a vat of right-wing Internet. Tucker Carlson etc. And one district in New York..


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

For the KU joke of an economist concerning his worry about the housing market because of Biden...

“Pending transactions diminished in February mainly due to the low number of homes for sale,” said Lawrence Yun, NAR’s chief economist, in a press statement. “Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.’

Sad how he can make a lie from only providing the half a story that fits in his biased stupid mind.......BWAAAAAAAAAAAAAA!!!! Sad he could not provide an answer to the question I posed him about the subject......even sadder, he willl now lie about it!!!!!!! LOLOLOLOL

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

Joe has build back POVERTY and less food in the Homes of Americans.

Anonymous said...

Roger in motion , real time stroke.

President Biden is doing something unexpected, and despite his chaotic withdrawal from Afghanistan, he is doing exactly well."

Coldheartedtruth Teller said...

Scott, I don't blame Trump.

Putin thought that Biden wouldn't help Ukraine and the rebuild of NATO and get worldwide economic sanctions...

President Biden is doing something unexpected, and despite his chaotic withdrawal from Afghanistan, he is doing exactly well.

rrb said...



I accept the drooling fucking retard as my president on paper, but I will go to my grave completely convinced that the left stole 2020 for him, using Covid and mail in ballots to do it.

Less than 50,000 fraudulent votes were required across only five states, so it wasn't like it had to be a nationwide theft involving millions. Leftists are fucking scumbags but they can count.

Karma is a fucking bitch and we are witnessing the epic Karma that Joey Fuckstick is enjoying as every single fucking thing he touches turns to complete fucking SHIT. EVERYTHING. He cannot claim a single quantifiable victory, foreign, domestic, or economic. not ONE.

He has consistently failed at all of it, and this is what happen to those who steal what they could not rightfully EARN.

If the GOP can manage to win the House and Senate without fucking it up, then the remainder of Joey's presidency can be destroyed, and rightfully so.





Anonymous said...

Lol@alky you can't delete it.
Here is what Roger posted, too fucked up.

"President Biden is doing something unexpected, and despite his chaotic withdrawal from Afghanistan, he is doing exactly well."

rrb said...




Wait, WHAT? Biden tells US troops in Poland what they’re ‘going to see’ in Ukraine

https://twitchy.com/dougp-3137/2022/03/25/wait-what-biden-tells-us-troops-in-poland-what-theyre-going-to-see-in-ukraine/


Yep. The drooling fucking retard is telling US troops they're GOING TO UKRAINE.

That would be the alky's "GREATEST PRESIDENT OF ALL TIME!!!11!"


Anonymous said...

RRB, just Damn.

So Joe has boots on the Freaking ground.

Coldheartedtruth Teller said...

Scott, vox asked a question. How would you respond.

Newly revealed text messages show that Virginia “Ginni” Thomas — conservative activist and spouse of Supreme Court Justice Clarence Thomas — wanted President Trump to take extreme measures to stay in office in the days following the 2020 election. The messages between her and then-White House chief of staff Mark Meadows were provided to the congressional committee investigating the January 6, 2021, attacks and obtained by journalists Bob Woodward and Robert Costa.

One major takeaway from them is that her alarm was apparently sincere: These seem to be Thomas’s genuine beliefs, expressed in private to Trump’s top aide, when no one was looking.

Thomas shared with Meadows conspiracy theories that Trump had a secret plan to expose election fraud (“I hope this is true”) and to send its perpetrators to Guantanamo Bay, urged that Trump should “not concede” because “it takes time for the army who is gathering for his back,” said the “Left” was “attempting the greatest Heist of our History,” championed the ludicrous claims of Trump’s lawyer Sidney Powell (“Sounds like Sidney and her team are getting inundated with evidence of fraud”), complained about being “disgusted” with Vice President Mike Pence for approving the results, and declared Biden’s win meant “the end of Liberty.”

Ginni Thomas is not a government official and has no formal power. But she is an influential and well-connected activist at the top of elite conservative circles who, yes, is married to a Supreme Court justice. And her messages show precisely where she falls in the two broad groups of elite conservatives who supported Trump’s effort to overturn the election results: She’s among the conspiracy-addled true believers, rather than the cynical opportunists pandering to the base for political advantage.

In contrast, Sen. Josh Hawley (R-MO) seems to be more in the opportunist category. Rather than full-throatedly endorsing goofy conspiracy theories, Hawley has nodded to a vaguer “concern” about the election’s integrity and calls for “investigation.” His specific justification for objecting to the results in Congress relied on a legalistic-sounding rationale: “Some states, particularly Pennsylvania, failed to follow their own state election laws.” (This was a complaint that the Pennsylvania Supreme Court agreed to count mail ballots arriving a few days after election day, but that ended up being a small number of ballots that didn’t affect the outcome.) Sen. Ted Cruz (R-TX) voiced a similar line.

In the other camp, along with Thomas, you have people like Sidney Powell, former national security adviser Mike Flynn, and MyPillow CEO Mike Lindell, who embraced bizarre theories about foreign interference in the vote and pushed Trump to use ever more extreme tactics in fighting back.

The presence of both camps in the GOP is a problem for election integrity in the United States, but the latter might be the bigger problem. Cynical opportunists will go whichever way the wind is blowing. But if true-believing conspiracy theorists get elected to important offices with some role in certifying election results, they might stand by their beliefs no matter the situation.

Coldheartedtruth Teller said...




There has long been speculation about which camp the former president falls into. Was Trump just lying? Or does he actually believe his claims that he was the rightful winner of the 2020 election? Or is that question irrelevant?

By all accounts of Trump’s private behavior, he acts, all the time, as though he believes it. No close aide has told the press or revealed any story of him acknowledging that lots of his claims were false. Texts from Fox host Sean Hannity provided to the committee indicate that Hannity was rather disturbed by how committed Trump was to an extreme course in private. “I did not have a good call with him today. And worse, I’m not sure what is left to do or say, and I don’t like not knowing if it’s truly understood,” he wrote to Meadows on January 10, 2021.

This is a potential problem regarding investigative efforts to prove Trump’s intent to commit crimes related to January 6 — if he believes he is the rightful winner, it can be trickier (though not necessarily impossible) to demonstrate he acted with corrupt intent. But it’s also worrying regarding just how closely Trump was tethered to factual reality. And because Trump is gearing up for a possible repeat presidential campaign in 2024, this is not necessarily a problem of the past. If he wins, who will he staff his administration with next time around?

Or actually support him no matter who is the Democratic candidate?

anonymous said...

Goat fucker just HOLY SHIT!!!!!! Don't you have some farm animals to service since your economics back ground is a complete and utter failure with a history of making shit up to sabotage the US economy.....between you and the dumb fuck rat, neither of you have enough brain power to post a single original thought or idea!!!!!!!!

Anonymous said...

Scarecrow Denny.

How are you?.

Coldheartedtruth Teller said...

I found rrbs farting website

Wait, WHAT? Biden tells US troops in Poland what they're 'going to see' in Ukraine
President Biden’s overseas trip started with a stop in Brussels for a summit meeting about Russia’s invasion of Ukraine. During a press conference in Belgium, Biden snapped at a reporter who pointed out that sanctions didn’t seem to be deterring Vladimir Putin. Biden claimed he “never said” sanctions would deter Putin, even though several members of his administration (including VP Kamala Harris) are on record as having said sanctions would serve as a deterrent. Now there’s something else that the White House and “fact-checkers” might later also try to claim Biden never said.

Today Biden is in Poland, and he addressed US military personnel stationed there. Biden’s remarks included something that raised a lot of eyebrows, especially considering the president has said that no matter what the US would not have “boots on the ground” in Ukraine:

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Anonymous said...

Pending home sales index Feb.-4.1%"

Consumer confidence at 14 year low.

Durable goods ordersFeb.-2.2%

Biden assures Americans we will have food shortages

This is just this week.

There is more, but, I don't want to pile on.

Anonymous said...

"Africa's richest person, Aliko Dangote, has opened the continent's largest fertilizer plant. "

This guy gets it.

Myballs said...

Just spitballing here. But I bet Hillary Clinton had and expressed more than a few opinions while her husband was President. Was that impeachable? Too bad.

rrb said...



Never forget:

https://pbs.twimg.com/profile_images/1490421583915061249/rND-uZfh_400x400.jpg

Anonymous said...

“You’re going to see, when you’re there, and some of you have been there, you’re going to see women, young people, standing in front of a damn tank just saying, ‘I’m not leaving, I’m holding my ground,'” Biden said. “They’re incredible.”

So our troops have been there?
Are going there ?
And, yes, are not going?

So said stammering joe

Coldheartedtruth Teller said...

A few people raised questions upon this..

Biden announced new sanctions against Russia, targeting a majority of the Duma, the lower level of parliament, over 40 Russian defense companies and yet more Russian oligarchs. He also announced the U.S. will provide $1 billion in humanitarian aid to support people within Ukraine and those impacted by Russia’s war against Ukraine. That funding will go to food, shelter, clean water, medical supplies and other assistance.

Pushed on what the U.S. and NATO would do if Russia used chemical weapons in Ukraine, Biden would not get specific or confirm intelligence that Vladimir Putin is moving chemical weapons into Ukraine but said they "would respond" and that "the nature of the response would depend on the nature of the use."

Personally, I think that he's messing with Putin...

anonymous said...

Biden assures Americans we will have food shortages

Another Goat fucking lie

Pending home sales index Feb.-4.1%"

BECAUSE THERE IS NO INVENTORY TO SELL...


Your lies are as simple to refute as you KU degree.......BWAAAAAAAAAAAAAA!!!!!

Coldheartedtruth Teller said...

Jimmy Hitler, she can say almost anything.


But unfortunately her husband is a right wing nutjob

Myballs said...

Judge Jackson, how do you know when your clothes fit?

I don't know, I'm not a tailor.

Doh!

Coldheartedtruth Teller said...

He is exactly correct.

Opinion by Zbigniew Rau

03/24/2022 04:01 PM EDT

Zbigniew Rau is the foreign minister of Poland.

Russia’s unprovoked and unjustified aggression against Ukraine is a watershed moment for the international community. A peaceful nation — one that had been formally reassured that its borders would be respected, that it would not need nuclear weapons to protect itself against a foreign invasion and that it could hand its nuclear arsenal over to Russia — has now been invaded by that same Russia. Its troops intentionally target Ukrainian civilians. Entire Ukrainian cities are razed to the ground. Thousands of defenseless women and children have been killed and millions have fled the country.

But Russia is attacking not only Ukraine, its innocent civilians, residential areas, nuclear plants and other targets of non-military significance — it is destroying an entire institutional system designed to protect the world against unprovoked wars, including in the 1994 Budapest Memorandum in which Ukraine relinquished its nuclear arsenal. Russia is supposed to be a pillar of this system, having not only signed the Budapest Memorandum but served as a founding power of the United Nations Charter, the Helsinki Final Act of 1975 and the Paris Charter for a New Europe of 1990.

Today, Russia is blocking the institutions founded by these accords and it is preventing them from fulfilling their duty of intervening when peace is threatened. Ukraine is bleeding, but the entire institutional world order is wounded and dysfunctional.

If Russia becomes victorious in its war against Ukraine, the use of force will gradually become a new standard in international politics. The desire to redraw maps and to expand territorial holdings is becoming increasingly widespread across the globe. Thus, our common aim should be to deny Russia success in its war against Ukraine and to render its aggression a strategic failure.

The greatest security crisis of our time requires us to think big to succeed. The United States can lead this effort and help the world to restore peace and the integrity of our institutions.

Here is a plan for victory:

First, Ukraine should be provided with all the weapons it needs to fight back against the Russian aggressor. President Vladimir Putin seeks no compromises. He attacked Ukraine, driven by his desire to resurrect the Russian empire. What he demands from Ukraine is its unconditional surrender, and even if he is now unable to achieve this end, he will not simply concede. He will continue to sow death and destruction to weaken Ukrainian morale. The only way the international community can influence his calculus is to arm Ukraine to the teeth, rendering his goals unachievable.

Coldheartedtruth Teller said...

Second, the United States’ allies throughout the world must increase their investments in deterrence and defense. Russia’s invasion of Ukraine proves its increasing aggressiveness and decreasing predictability. The U.S. should launch a rapid rearmament of its allies and partners, including Ukraine, and incentivize it with a new lend-lease program, similar to the one the United States introduced during World War II.

Third, NATO should immediately boost its forward military presence on its Eastern flank in Europe. It should be seen not only as a move that bolsters the credibility of our deterrence capabilities, but should be presented to Russia as a response to its complete disregard for its own commitments to maintaining peace in Europe.

Fourth, Putin should have no illusions about how long sanctions will remain in place. The sanctions should not be lifted until Russia withdraws from all territory within the internationally recognized borders of Ukraine, recommits to the provisions of the Budapest Memorandum and pays war reparations.

Fifth, the costs of this war must be devastating for Russia from more than just a financial perspective. The international community must also hold responsible those who enabled this war of aggression and its criminals of war. We put war criminals on trial after the war in the former Yugoslavia, and we cannot allow the perpetrators of war atrocities in Ukraine to go unpunished. After all, in a rules-based order, all states are equal and all are accountable to the same set of laws.

Finally, the international community must prepare a plan for the reconstruction of Ukraine. There are billions of dollars available in the confiscated assets of Russian oligarchs who supported and financed Putin’s aggressive policies. We must also offer the millions of innocent Ukrainian war refugees the prospect of a better future in their country — a future in which their dreams can be realized. To do so, we need to integrate into Europe a Ukraine that is whole, free and — hopefully — at peace.

Only then will the failure of Russia’s aggression have a deterring effect on a global scale. Every potential aggressor should think twice before it decides to attack another sovereign country in the future. Defeating this policy of aggression will also help to restore the founding cause of the U.N. and the Organization for Security and Cooperation in Europe.

If we allow the return of wars of aggression into the foreign policy toolboxes of states, then interstate conflict will become the norm once more, and the rules-based international order will be lost, together with its institutions. That would be a loss that would extend far beyond Ukraine or Europe; it would impact the whole world.

anonymous said...

Blogger My Ball Less......how do you know he has lost the high ground.......posting the same BS about Jackson multiple times!!!!!! BWAAAAAAAAAAAAAA!!!! He also thinks trump won......LOLOLOLOLOL!!!!

C.H. Truth said...

President Biden is doing something unexpected, and despite his chaotic withdrawal from Afghanistan, he is doing exactly well.

Biden is doing exactly what Putin thought he would do. Walk around like an old fart locked up in a nursing home with the fifth Beatle, babbling on about sanctions.

Had Biden made a real stand and made a move for a no-fly Zone or allowed the Poles to provide the Ukrainians Migs... that would have been unexpected.

C.H. Truth said...

Or actually support him no matter who is the Democratic candidate?

According to the polls, about 3.7% more Americans than would support Biden!

Honest, decent, truthful Rev. said...

LOL I don't think bringing Russia's forces to a standstill and even to retreating is "exactly" what Putin was expecting.

anonymous said...

Walk around like an old fart locked up in a nursing home with the fifth Beatle, babbling on about sanctions.


While trump congratulated Putin for being a genius and you still think trump won!!!!!!!! BWAAAAAAAAAAAA! While you just babble like a moron!!!!!

Honest, decent, truthful Rev. said...

NOR THIS:
inside Russia’s High-Wire Act to Avoid Default
4:03 pm
“Some payments arrived on time.
Others hit several days late.
And an increasing number are getting stuck in a web of financial intermediaries that are struggling to comply with international sanctions against Russian President Vladimir Putin and his allies,”
Bloomberg reports.

“A month since the country’s invasion of Ukraine, investors are starting to realize just how narrow the path is for Russia — and some of its biggest corporations — to avoid default. That’s casting a pall over a country that was once a darling of emerging-market investors and now looks set to lose 15 years of economic gains by the end of 2023.”

GOOD!


U.S. Cancels Talks with Taliban
4:01 pm
“The United States abruptly cancelled meetings with the Taliban in Doha that were set to address key economic issues, after Afghanistan’s Islamist rulers reversed a decision to allow all girls to return to high school classes,”
Reuters reports.

GOOD! EXCELLENT!
LET THE CHINESE OR THE GOVN'T OF INDIA TALK WITH THEM IF THEY WANT!

Anonymous said...

Biden assures Americans we will have food shortages..

Oh, and this news.

Greater "food Insecurity" a great liberal term.

Let's go Brandon.

anonymous said...


Biden assures Americans we will have food shortages..


BWAAAAAAAAAAAAA!!!!! That is not what he said......saying the same lie over and over only makes it true to idiots like you who post such tripe....!!!!!!

Anonymous said...

In early August, the survey showed that about eight percent of Americans who responded said they either “sometimes” or “often” did not have enough to eat"

Joe was just getting his build POVERTY better.

Now, with his policies fully implemented:
"The number climbed to ten percent by early February, with thirteen percent of households with children reporting they either “sometimes” or “often” did not have enough to eat."

Anonymous said...

Hi Scarecrow Denny.

Honest, decent, truthful Rev. said...

POOR POOTY POOT IS HAVING SOME BAD DAYS

Putin accuses West of trying to 'cancel' Russia

Yahoo News
Alexander Nazaryan
March 25, 2022, 1:55 PM
.
WASHINGTON — Russian President Vladimir Putin accused the West of “trying to cancel our country” in a brief but pointed diatribe that revisited some of his favorite grievances. The remarks were made during a video summit with Russian cultural leaders and came as fighting continued in Ukraine.

“They’re now engaging in cancel culture,” Putin lamented on Friday. “Russian writers and books are canceled.” He also said that the works of the country’s most famous composers were being marginalized, in what appeared to be a reference to the recent decision by the Cardiff Philharmonic Orchestra in Wales to not include the music of Tchaikovsky in a performance.

Putin compared these efforts to the book burning and repression undertaken by the Nazi Party in Germany ahead of World War II.

“It is impossible to imagine such a thing in our country,” Putin said. In fact, Russian culture has fallen in line with the Kremlin, with dissent having become increasingly rare in recent years. “Cultural diversity is the pride of our society,” he added.
[HA! HA! TELL US ANOTHER ONE!]


In fact, decisions like the one by the Cardiff Philharmonic have been widely criticized, with most elected officials and cultural leaders taking pains to differentiate between Russia’s current rulers and the richness — often transgressive and revolutionary — of its culture.

“Disavow some Russian artists. Don’t cancel Russian art,” a recent Economist commentary argued, distinguishing between cultural figures who have consistently benefited from Kremlin patronage and those, like Tchaikovsky, whose contributions to world culture predate Putin by decades or even centuries.

Such distinctions are not especially useful to Putin, who is desperate to marshal support for a faltering war that has always lacked coherent justification. Last week, he lambasted Russians who were seeking refuge in the West and its values, using rhetoric that some found disturbingly reminiscent of that deployed by the murderous Soviet dictator Joseph Stalin.

Putin has celebrated Stalin, in particular for his defeat of Hitler's forces. Russian society is deeply imbued with proud memories of World War II. Accordingly, among Putin’s complaints on Friday was that Hollywood depictions of that conflict “didn’t say anything about the Red Army,” which suffered much greater losses than did allied Western powers in vanquishing the Nazis.

“They just canceled the contribution of the Red Army,” Putin said, as its successor forces appear to be ground down in Ukraine, where some of the most ferocious battles of World War II were fought. Later conflicts, in Afghanistan and Chechnya, were much less auspicious for the Soviet and Russian military; those wars consequently receive much less emphasis in Russia today.

Honest, decent, truthful Rev. said...

Putin has sought to rally Russians in support of his war in Ukraine with a confusing amalgam of history, geopolitics and cultural grievance — all of which were in evidence on Friday.

“In Japan, they don’t even mention who dropped the bomb on Hiroshima and Nagasaki,” he said. “Or they say that it was done by some abstract allies. The fact that it was the United States that did such an awful slaughter at the end of the war — this fact is not even mentioned,” he complained.

“So they just canceled, cynically, this truth.”

Since invading its much smaller neighbor last month, Russia has faced increasing economic and, in some cases, cultural isolation. Artistic figures like the conductor Valery Gergiev, a Putin supporter, have lost work in the United States, while the Russian directors Kirill Sokolov and Lado Kvatinya had their latest films dropped by the Glasgow Film Festival.

For the most part, however, there is little evidence of Russophobia on the scale that Putin appears to be envisioning.

The appeal about the excesses of so-called cancel culture dovetails neatly — and seemingly with intention — with the charges made by conservatives in the West. For a Russian audience, cultural grievances are rooted in long-standing fears that despite Russia’s artistic and cultural contribution, it is not seen as a true peer to Western counterparts like the United States and Germany.

Earlier this month, Russia’s intelligence chief Sergei Naryshkin said in an interview that the West “isn't simply trying to close off Russia behind a new iron curtain. This is about an attempt to ruin our government — to ‘cancel’ it, as they now say in ‘tolerant’ liberal-fascist circles.”

HERE COMES A DESCRIPTION OF SOME OF YOU--
Some in the West have embraced Putin as a defender of whiteness and Christianity, as well as of traditional gender norms.

Putin seemed to appeal to those defenders when, on Friday, he took to defending the "Harry Potter" creator J.K. Rowling, who has come under criticism for her views on transgender rights.

She “didn't satisfy the demands of gender rights," Putin argued, his commentary having veered from the Eastern front to Hogwarts in mere moments.

BUT
Rowling was not pleased to have his support.
“Critiques of Western cancel culture,” she wrote on Twitter, “are possibly not best made by those currently slaughtering civilians for the crime of resistance.”

AMEN, SISTER!

anonymous said...

Hey goat fucking lying sack of shit.....GO FUCK YOUR WIFE!!!!!!! BWAAAAAAAAAAA!!!!!

anonymous said...

Another unmistakeable sign trumps golden shower of endorsements may be backfiring!!!!! BWAAAAAAAAAAAA!!!

Trump rally in Georgia a key test for his political relevance
Daniel Klaidman and Jon Ward
Fri, March 25, 2022, 1:59 PM
ATLANTA — Georgia Gov. Brian Kemp looked as if he was in trouble a few months ago.

Former President Donald Trump had finally prevailed on former Sen. David Perdue, helping to convince him to run against Kemp in the Republican gubernatorial primary, and endorsing him as soon as he announced his candidacy in early December.

Political experts in Georgia declared that Kemp had “the odds stacked against him.” National forecasters said Kemp “might be in trouble.”

But something funny happened on the way to Trump’s first rally for Perdue, which takes place this Saturday outside Athens, Kemp’s hometown. The sitting governor has steadily pulled ahead of Perdue in the polls, despite Trump’s support for his opponent. In the latest Fox News survey, Kemp led Perdue by 50% to 39%. Meanwhile, Kemp has opened up a huge fundraising lead heading into the May 24 Republican primary.

Anonymous said...

The absence of gorebal warming.
Last frost date
"Kansas City (1888 – current) April 8

Anonymous said...

Biden Sanction hit the US causing food shortages.

His words.

Myballs said...

So judge Jackson, how do you know your pet is sick?

I don't know, I'm not a veterinarian.

Coldheartedtruth Teller said...

Hillary Clinton.

NATO and U.S. alliances are the cornerstone of world peace
As secretary of state, Madeleine helped my husband welcome Poland, Hungary and the Czech Republic into NATO after the end of the Cold War. Years later, I asked her to head up an international commission for the Obama administration to redefine NATO’s mission for the 21st century. Having experienced Europe’s historic traumas firsthand, she understood that the security provided by NATO was the key to keeping the continent free, peaceful and undivided. She saw it as a political alliance, not just a military pact, cementing democracy in countries that had only recently freed themselves from authoritarianism.

Advertisement

Madeleine rejected the criticism, renewed recently, that NATO’s expansion needlessly provoked Russia and is to blame for its invasion of Ukraine. As the Princeton historian Stephen Kotkin has noted, that argument ignores Russia’s centuries-long efforts to dominate its neighbors. Madeleine would be quick to add that it also erases the aspirations and autonomy of the former Soviet bloc countries that threw off their chains, built fragile democracies and rightly worried about Russian revanchism. She would encourage us to listen to the insights of leaders like our friend Mr. Havel, who said the message of NATO expansion is that “Europe is no longer, and must never again be, divided over the heads of its people and against their will into any spheres of interest or influence.”

Make no mistake, if NATO had not expanded, Mr. Putin would be menacing not just Ukraine but the Baltic States and likely all of Eastern Europe. As the historian and journalist Anne Applebaum recently argued, “The expansion of NATO was the most successful, if not the only truly successful, piece of American foreign policy of the last 30 years.”

Madeleine Albright, right, with Hillary and Bill Clinton at the funeral for Václav Havel, the former Czech president, in 2011.

Madeleine also strongly disagreed with Donald Trump’s approach of treating America’s alliances as a protection racket where our partners must pay tribute or fend for themselves. She knew that U.S. alliances — especially with other democracies — are a military, diplomatic and economic asset that neither Russia nor China can match, despite their best efforts, and are crucial for our own national security.

C.H. Truth said...

Reverend...

The fact that the Ukrainian forces might be doing better than expected has "what" exactly to do with Biden and Putin's expectations of Biden?


If I didn't know any better... I would think that you actually believe that Ukrainian soldiers are fighting because of or for Joe Biden? I mean how fucking stupid are you?

I guess stupid enough to believe that Biden deserves some sort of credit for Ukrainian bravery as he says no to pretty much every demand Zelenskyy has made.


My god...

Coldheartedtruth Teller said...

Attacks on democracy at home play into the hands of dictators abroad
They make it harder for the United States and our allies to champion human rights and the rule of law. In her searing 2018 book, “Fascism: A Warning,” Madeleine described Mr. Trump as the first U.S. president in the modern era “whose statements and actions are so at odds with democratic ideals.” She observed that his assault on democratic norms and institutions was “catnip” for autocrats like Mr. Putin. After the insurrection on Jan. 6, 2021, and Mr. Trump’s efforts to overturn a free and fair election, Madeleine imagined Abraham Lincoln weeping. “My family came to America after fleeing a coup, so I know that freedom is fragile,” she wrote. “But I never thought I would see such an assault on democracy be cheered on from the Oval Office.” With the Republican Party recently declaring the insurrection and events that led to it to be “legitimate political discourse,” and some of the party’s most powerful media allies pushing Kremlin talking points on Fox News and elsewhere, it’s clear that the threat to our democracy that so alarmed Madeleine remains an urgent crisis.

The fundamental truth that Madeleine understood and that informed her views on all these challenges is that America’s strength flows not just from our military or economic might but from our core values. Back in 1995, Madeleine told me a story that still inspires me. To celebrate the 50th anniversary of the end of World War II, she visited parts of the Czech Republic that had been liberated by American troops in 1945. Many people waved American flags as she passed, and to her surprise, some had just 48 stars. They had to be decades old. It turned out that American G.I.s had handed out the flags a half-century earlier. Czech families said they had kept them hidden all through the years of Soviet domination, passing them down from generation to generation as the embodiment of their hope for a better, freer future.


Madeleine knew exactly what that meant. Even at the end of her life, she treasured her first glimpse of the Statue of Liberty, sailing into New York Harbor in 1948 as an 11-year-old refugee on a ship called the S.S. America. She would have been thrilled by President Biden’s announcement on Thursday that the United States will welcome up to 100,000 refugees fleeing Ukraine, and she would encourage us to do more to respond to this unfolding humanitarian nightmare. She would warn, as she did in her book, about the “self-centered moral numbness that allows Fascism to thrive,” and urge us to keep pushing the envelope for freedom, human rights and democracy. We should listen.

Hillary Clinton was the U.S. secretary of state from 2009 to 2013.

Coldheartedtruth Teller said...

Scott, you have what she said...A “self-centered moral numbness that allows Fascism to thrive,”

Coldheartedtruth Teller said...

James I knew when I said this, the self proclaimed COLDHEARTEDTRUTH would say

President Biden is doing something unexpected, and despite his chaotic withdrawal from Afghanistan, he is doing exactly well.

Biden is doing exactly what Putin thought he would do. Walk around like an old fart locked up in a nursing home with the fifth Beatle, babbling on about sanctions.

Because giving credit to a Democrat drives him crazy, because of his self-centered moral numbness and schizophrenia.

Coldheartedtruth Teller said...

https://m.facebook.com/story.php?story_fbid=10166640190870647&id=890775646

Coldheartedtruth Teller said...

And fyi rrb

How to impeach a Supreme Court justice
The process of impeaching a Supreme Court justice is identical to the more well-tread procedure for removing a sitting president.

First, the House must draft articles of impeachment. The House then needs only a majority, however slim, to impeach a Supreme Court justice or any other federal judge. But a two-thirds majority is required in the Senate to convict.

Given the current political climate — Democrats have the thinnest majority possible, with a 50-50 Senate — it's almost certain that Thomas wouldn't be removed from his lifetime appointment. Republicans are enjoying a significant ideological majority on the Supreme Court, with six of nine justices.

What would be grounds for impeaching Thomas?

Given Ginni Thomas' texts, some Democrats have noted that in January, Clarence Thomas stood out as the only justice to dissent when the Supreme Court rejected Trump's bid to block the release of some presidential records to the House committee investigating the Capitol attack.

Thomas had previously dissented in February 2021 when the Supreme Court turned away election challenges filed by Trump and his political allies. Thomas described the decision to not hear the cases as "baffling" and "inexplicable," saying in dissent that the Supreme Court should have taken the opportunity to provide states with guidance for elections.

Coldheartedtruth Teller said...

But unless something unexpected happens, you are correct about the economy


A third of Americans expect their finances to get worse this year
chase atm
Justin Sullivan/Getty
Thirty-two percent of Americans expect their finances to worsen through the year, according to the University of Michigan.
That's the largest share since the university's sentiment survey started in the mid-1940s.
Inflation has been the biggest issue weighing on Americans amid a largely healthy recovery.
Between slowing wage growth, widespread supply chain problems, and sky-high inflation, it's no surprise Americans aren't feeling great about the economy.

Yet new data from the University of Michigan reveals a large swath of the population bracing for a tougher time ahead. Thirty-two percent of surveyed adults expect their finances to worsen over the next 12 months, the university's Surveys of Consumers said in a Friday report. That's the largest recorded share since the survey started in the mid-1940s.

The slowing wage boom is also cause for greater concern. Half of surveyed households anticipate their inflation-adjusted incomes to drop through the year, according to the report, meaning inflation will outpace wage growth. The reading comes after government data showed the average hourly wage rising by just $0.01, or 0.03%, in February, badly missing forecasts and signaling the historic pay gains seen through the pandemic could be fading.

Americans' overall moods broadly worsened over the past month according to the University of Michigan. Consumer sentiment sank to 59.4 from 62.8 in March. That's also down from a year-ago reading of 84.9 and marks the most pessimistic sentiment in nearly 11 years. The only two periods to feature bleaker financial sentiments since the survey was first conducted were the of the early 1980s and the Great Recession.

"Inflation was mentioned throughout the survey, whether the questions referred to personal finances, prospects for the economy, or assessments of buying conditions," Richard Curtin, chief economist at the Surveys of Consumers, said.

Americans' soured economic sentiment comes despite an otherwise healthy recovery. The labor market is rebounding three times faster than it did after the financial crisis. Gross domestic product surpassed its pre-crisis high in 2021 and is still estimated to land above trend through 2022. And even as prices leap higher, Americans' spending at stores and restuarants hit a new record high in February.

Still, inflation has overpowered those rosier trends and left Americans feeling dismal. Price growth was the biggest driver of rising pessimism through March, Curtin said, adding that respondents predicted an inflation rate of 5.4% over the next year, the highest since 1981. Those expectations could worsen the inflation problem further, as fear of soaring prices can serve as a sort of self-fulfilling prophecy and prompt companies to charge more.

Keeping those expectations anchored will be key for policymakers if they aim to keep inflation from staying permanently high, Curtin said.

"Confidence that economic policies will resolve the problem is essential," he said. "Unfortunately, half of all consumers unfavorably assessed current policies, more than three times the 16% who rated them favorably."