The Official Biden is Doing Awesome Thread

[Hank Scorpio]

Jared Kushner got $2 billion and none of you cared

[ElNono]

U.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures ease
The new inflation figure was down sharply from a 4% annual rate in May, though still above the Fed’s 2% target rate.

WASHINGTON — After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have steadily slowed price increases across the economy.

The inflation figure the government reported Wednesday was down sharply from a 4% annual rate in May, though still above the Fed’s 2% target rate. Over the past 12 months, gas prices have dropped, grocery costs have risen more slowly and used cars have become less expensive.

From May to June, overall prices rose 0.2%, up from just 0.1% in the previous month but still comparatively mild.

https://www.politico.com/news/2023/0...tates-00105848

[daboom1]

Lower costs requires negative inflation. A falling rate of inflation means that prices are increasing less than before. https://www.investopedia.com/ask/ans...-deflation.asp, https://www.financialpipeline.com/de...tive-inflation.

The latest government report shows an annual inflation of 3%, which means prices are 3% higher than 12 months prior. https://www.bls.gov/cpi/

[ChumpDumper]

Lower costs requires negative inflation. A falling rate of inflation means that prices are increasing less than before. https://www.investopedia.com/ask/ans...-deflation.asp, https://www.financialpipeline.com/de...tive-inflation.

The latest government report shows an annual inflation of 3%, which means prices are 3% higher than 12 months prior. https://www.bls.gov/cpi/

No simple Qhris.

[daboom1]

[ChumpDumper]

I'm sorry you're suffering in this economy, Qhris.

[daboom1]

[Ef-man]

What, no "Boom! Wait for FBI conference on Wednesday?"

Gullible qchrisy!

[FuzzyLumpkins]

Given how the funding appropriation is done split between discretionary, directed by law, and the annual debt ceiling revisions those types of numbers are not reflective of how much is actually given and spent.

[ElNono]

The latest government report shows an annual inflation of 3%, which means prices are 3% higher than 12 months prior. https://www.bls.gov/cpi/

U.S. Inflation Rate 1960-2023

[spurraider21]

this DC Draino guy is a really stupid propagandist.

if he's going to lie about what Wray said, thats one thing

but why attach the clip where Wray, verbatim, says "I'm not going to confirm or speak to who is or isn't under investigation for what. . ." and "I'm not going to be confirming or denying who is or isn't under investigation"

he must believe his followers are complete morons. for some reason.

[Ef-man]

this DC Draino guy is a really stupid propagandist.


he must believe his followers are complete morons..

Bingo!!!!

[Hank Scorpio]

Given how the funding appropriation is done split between discretionary, directed by law, and the annual debt ceiling revisions those types of numbers are not reflective of how much is actually given and spent.

You have numbers on this?

[Winehole23]

[Winehole23]

[FuzzyLumpkins]

You have numbers on this?

It's hard to track down.

https://www.politico.com/news/2023/0...nding-00083013

Here is an article from when they utilized the mechanism in response to the spy balloon. They end up with like 52% of all discretionary spending every year.

[Winehole23]

The gunman who killed 11 people at a Pittsburgh synagogue in 2018 is eligible for the death penalty, a federal jury announced Thursday, setting the stage for further evidence and testimony on whether he should be sentenced to death or life in prison.

The government is seeking capital punishment for Robert Bowers, who raged against Jewish people online before storming the Tree of Life synagogue with an AR-15 rifle and other weapons in the nation’s deadliest antisemitic attack. The jury agreed with prosecutors that Bowers — who spent six months planning the attack and has since expressed regret that he didn’t kill more people — had formed the requisite legal intent to kill.

Bowers’ lawyers argued that his ability to form intent was impaired by mental illness and a delusional belief that he could stop a genocide of white people by killing Jews

.https://www.courthousenews.com/the-gunman-who-killed-11-people-in-a-pittsburgh-synagogue-is-found-eligible-for-the-death-penalty/

[daboom1]

[Winehole23]

[TSA]

Creepy Joe sniffs another one yesterday in Kentucky.

[daboom1]

Sick mother er

[SnakeBoy]

Pedo Joe just can't help himself

[daboom1]

[Winehole23]

[Hank Scorpio]

It's hard to track down.

https://www.politico.com/news/2023/0...nding-00083013

Here is an article from when they utilized the mechanism in response to the spy balloon. They end up with like 52% of all discretionary spending every year.

Says nothing about it being way lower in the past unless I missed it