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   nyc.politics      Politics specific to New York City      92,003 messages   

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   Message 91,576 of 92,003   
   max headroom to All   
   Re: Here's who's buying panic rooms and    
   16 May 24 13:34:57   
   
   XPost: alt.security.alarms, alt.home.repair, alt.politics.democrats   
   XPost: talk.politics.guns, sac.politics   
   From: maximusheadroom@gmx.com   
      
   In news:v23s4a$1b7a6$1@dont-email.me, Bob F  typed:   
      
   > On 5/15/2024 7:50 AM, Scout wrote:   
   >> "Richard"  wrote in message   
   >> news:20240515.070054.aaa3b050@erienetworks.net...   
   >>> In  Frank wrote:   
   >>>> On 5/14/2024 2:12 PM, ðŸËoŽ Mighty Wannabe âÅ" wrote:   
   >>>>> Frank wrote on 5/14/2024 12:11 PM:   
   >>>>>> On 5/14/2024 9:18 AM, ðŸËoŽ Mighty Wannabe âÅ" wrote:   
   >>>>>>> Scout wrote on 5/14/2024 7:28 AM:   
   >>>>>>>> "ðŸËoŽ Mighty Wannabe âÅ"" <@.> wrote in message   
   >>>>>>>> news:iNp0O.3481$ifn.1768@fx05.ams1...   
   >>>>>>>>> Frank wrote on 5/13/2024 10:28 AM:   
      
   >>>>>>>>>> Then your favorite DA will reduce felonies to misdemeanors   
   >>>>>>>>>> except in the case of Trump where a small misdemeanor is   
   >>>>>>>>>> tried as a felony.   
      
   >>>>>>>>> In most countries in the world, inciting an insurrection to   
   >>>>>>>>> usurp power is a high crime punishable by hanging.   
      
   >>>>>>>> Well in most countries in the world you would actually need to   
   >>>>>>>> engage in an insurrection to be charged much less convicted of   
   >>>>>>>> it.   
      
   >>>>>>> The fat weasel is too cunning to personally engage in an   
   >>>>>>> insurrection riot. I was watching all the news channels on   
   >>>>>>> internet on and around Jan 6. I have watched his speech on   
   >>>>>>> GAB.com and at the White House. I am sure the fat weasel would   
   >>>>>>> be guilty of summoning and inciting the insurrection mob to   
   >>>>>>> riot at the Capitol to usurp power by force, by any   
   >>>>>>> international standard.   
      
   >>>>>> TDS has no borders.Ã, Tell us what you like about your leader.Ã, I bet   
   >>>>>> you love him.   
      
   >>>>>> BTW Trump looks leaner these days.   
      
   >>>>> Our leader has become a spineless weasel blindly following Uncle   
   >>>>> Sam's marching orders. His father should be rolling in his grave.   
   >>>>> I might stop voting Liberal in future elections.   
      
   >>>> So now you know that we have the same type leader in Biden. Most   
   >>>> know it but many are blinded by TDS.   
      
   >>> Biden is not a leader though. He's a stooge being pushed along by   
   >>> Obama retreads.   
      
   >> Let's put it this way... in all of Joe's political history about the   
   >> only thing he can point to as his achievements was getting elected to   
   >> office.   
      
   >> He has been, is and will be nothing but an empty suit that follows   
   >> the mandates of the DNC.. not the American people.   
      
   > Other than overseeing the survival of thousands from covid, restoring   
   > USA economic growth after tRump crashed the economy, raising income   
   > for hundreds of thousands of American workers, rebuilding /America's   
   > infrastructure, setting the lowest unemployment rates in 50 years,   
   > actively bring manufacturing back, .........   
      
   The Spin: Americans Are Getting Poorer While Prices Keep Going Up   
      
   Americans' real weekly earnings dropped sharply in April and still remain well   
   below their level when President Joe Biden first took office, according to data   
   from the Bureau of Labor Statistics (BLS).   
      
   Real average weekly earnings fell to $1,191.93 in April, declining by 0.4% in   
   the month and 4.8% compared to the start of Biden's term in January 2021,   
   according to data calculated by the Daily Caller News Foundation from the BLS.   
   Prices have risen over 19% since Biden first took office and 3.4% in the last   
   year, degrading the value of Americans' wages.   
      
   The decline in earnings is also due in part to a decrease in the average number   
   of weekly hours worked, which fell from 34.9 in January 2021 to 34.2 in April,   
   according to the BLS.   
      
   Real wages have been degraded due to persistently high inflation under Biden,   
   which was measured in April at 3.4% year-over-year after peaking at 9% in June   
   2022.   
      
   The average number of hours worked per week has declined because employers are   
   resorting to cutting hours and shifting to part-time jobs to offset the   
   increase   
   in costs and slack in business conditions. Gross domestic product measured just   
   1.6% in the first quarter of 2024, representing a major slowdown in the growth   
   of the U.S. economy.   
      
     Average hourly earnings rose again in Apr but fell in real terms as inflation   
     outpaced wage growth; here you can see how wages have rocketed higher since   
     Jan '21, but fallen significantly after adjusting for inflation - you got a   
     raise, but it buys you less: pic.twitter.com/XtyTxvsFhm   
      
     - E.J. Antoni, Ph.D. (@RealEJAntoni) May 15, 2024   
      
   Biden has repeatedly claimed that he has brought inflation down, falsely   
   telling   
   CNN and Yahoo Finance that the inflation rate was 9% when he took office when   
   it   
   was really around 1.4%. Immediately following that claim, Biden falsely   
   asserted   
   that "the pay for the jobs are outpacing the inflation rate that they're   
    paying."   
      
   The president also touted on Wednesday that "inflation has fallen more than   
   60%"   
   from its peak. While the inflation rate has decelerated around 62% from its   
   peak, inflation has not fallen, and the rate continues to fail to come close to   
   the Federal Reserve's target range of 2%.   
      
   The number of people employed in part-time positions because of poor business   
   conditions or they could only find part-time work increased by 161,000 in April   
   compared to the previous month, according to the BLS. Around 1 million more   
   people held part-time jobs in April compared to the previous year, while the   
   number of people employed in full-time jobs declined by 557,000 in that same   
   time frame.   
      
   In accordance with rising costs and shrinking wages, the cumulative amount that   
   Americans are holding in savings has declined in recent months, totaling just   
   $671 billion in March, compared to over $1 trillion the year before. Credit   
   card   
   delinquencies greater than 90 days have also risen substantially in the past   
   several quarters as Americans look for ways to finance through the increase in   
   costs and the loss of income.   
      
   Persistent inflation and low growth have worried some economists that the   
   economy is entering a period of stagflation, which wreaked havoc on the wages   
   and purchasing power of consumers in the 1970's and 1980's.   
      
   Biden has also repeatedly claimed that inflation is being fueled by "corporate   
   greed" through companies marking up prices to squeeze consumers. The Federal   
   Reserve Bank of San Francisco disproved this claim by pointing out that   
   corporate markups tracked closely with other economic recoveries following the   
   COVID-19 pandemic.   
      
   Persistent inflation poses a major issue for Biden's 2024 presidential   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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