Things that made you laugh today (Political Version)

[Methais]

Oh good macguyver is back. Seran and ClydeR haven't been being triggered enough lately.

3...2...1...

[Seran]

Economist quoted in the article inadvertently exposed the key weakness of the supply and demand myth, identifying one of the key components of lingering inflation, pointing out that when when cost decreases occur, they do not directly contribute to decreased consumer prices. Corporations notoriously book profits when their costs decrease in lieu of passing on better prices.

Cheaper energy products depress US import prices in September

WASHINGTON, Oct 16 (Reuters) - U.S. import prices fell by the most in nine months in September amid a sharp decrease in the cost of energy products, pointing to a benign inflation outlook that keeps the Federal Reserve on course to continue cutting interest rates.

The report from the Labor Department on Wednesday also showed import prices excluding fuel barely rising over the past three months. The report followed data last week showing slightly firmer consumer prices in September.

While producer prices were unchanged last month, some components showed strength, which was expected to translate into a higher monthly readings in the key inflation measures tracked by the U.S. central bank for its 2% target.

"Import prices do not feed through directly to producer and consumer prices but are a signal inflationary pressures remain muted and adds some support to another rate cut in November," said Matthew Martin, a senior U.S. economist at Oxford Economics. "In tandem with falling prices at China's factory gates, import price gains will be modest."

Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August, the Labor Department's Bureau of Labor Statistics said. Import prices were previously reported to have declined 0.3% in August.

[joeyb]

Careful, if you reach much further you're going to manage to get your entire head up your ass.

yes, a rambling old idiot who everyone is laughing at and can't keep a straight thought in his brain is perfectly normal. nothing to see

[joeyb]

Remember 4 months ago when you didn't know what dementia is or that you need to be a doctor to diagnose it properly (when it was said about Biden)

Now look at you...

PS - And you didn't even throw shade at Methais in this post MacGuyver... OMG YOU FIGURED OUT YOUR TELL!!!!

How are we ever going to know your next account is you!?!?

no, you should link the post where I said that to remind me.

[Suppressed Poet]

Economist quoted in the article inadvertently exposed the key weakness of the supply and demand myth, identifying one of the key components of lingering inflation, pointing out that when when cost decreases occur, they do not directly contribute to decreased consumer prices. Corporations notoriously book profits when their costs decrease in lieu of passing on better prices.

Supply and demand myth…you’re a funny guy.

If demand exceeds supply and production / operation costs decrease, of course corporations are going to keep those cost reductions as profits instead of lowering their prices. They are in business to make money. That’s what they do. That’s all they do! And you know what? We understand that self interested behavior & free market capitalism works.

The only time a business lowers prices is when they must do so to gain market share. If company X sells a high demand product at a high price, eventually competition company Y will come along and sell a similar or identical product at a lower price. Competition and self-interested behavior is how consumers win.

Before you entertain price fixing as Kamala proposes, take a look at the history of communism. It doesn’t work. You know why it doesn’t work? Corporations want to make money. They don’t want to be forced to make a product at low margins and they won’t. If you get the federal government to regulate the price of consumer goods, you will have shortages. Nobody wants to wait in line for hours for the opportunity to buy their weekly groceries or be on a government waitlist to purchase an automobile.

[Suppressed Poet]

yes, a rambling old idiot who everyone is laughing at and can't keep a straight thought in his brain is perfectly normal. nothing to see

Are you man enough to vote for Kamala though? Do you eat carburetors for breakfast?

[Methais]

Supply and demand myth…you’re a funny guy.

If demand exceeds supply and production / operation costs decrease, of course corporations are going to keep those cost reductions as profits instead of lowering their prices. They are in business to make money. That’s what they do. That’s all they do! And you know what? We understand that self interested behavior & free market capitalism works.

The only time a business lowers prices is when they must do so to gain market share. If company X sells a high demand product at a high price, eventually competition company Y will come along and sell a similar or identical product at a lower price. Competition and self-interested behavior is how consumers win.

Before you entertain price fixing as Kamala proposes, take a look at the history of communism. It doesn’t work. You know why it doesn’t work? Corporations want to make money. They don’t want to be forced to make a product at low margins and they won’t. If you get the federal government to regulate the price of consumer goods, you will have shortages. Nobody wants to wait in line for hours for the opportunity to buy their weekly groceries or be on a government waitlist to purchase an automobile.

Good luck getting Seran to understand any of that.

Seran thinks that communism = all the cool things stay the same as they are now, except everything is free.

[Methais]

Trump continues to be right about everything

Seran and ClydeRetard and shaft must be very upset right now.



https://x.com/shaunmmaguire/status/1846583025825611955



https://x.com/america/status/1846550229622849800

[Parkbandit]

Kamala Harris literally just said January 6th was an "armed insurrection"....

I honestly had no idea that she is as dumb as sErAn.

"BUT EVERYONE THERE HAD ARMS!"

[Methais]

Kamala Harris literally just said January 6th was an "armed insurrection"....

I honestly had no idea that she is as dumb as sErAn.

"BUT EVERYONE THERE HAD ARMS!"

She also said not long ago that January 6 was "the worst attack on democracy since the Civil War"

I'm sure Seran agrees with her, because he's Seran.