The job market, inflation and tariffs

Discussion in 'Politics & Current Events' started by superdave, Nov 22, 2021.

  1. toad455

    toad455 Member+

    Nov 28, 2005
    and yet he went on to blame the Democrats for gas prices rising.
     
  2. rslfanboy

    rslfanboy Member+

    Jul 24, 2007
    Section 26
    Biden didn’t solve the problem! His fault that we are at war special operating so hard right now.

    /s
     
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  3. soccernutter

    soccernutter Moderator
    Staff Member

    Tottenham Hotspur
    Aug 22, 2001
    Near the mountains.
    Club:
    Tottenham Hotspur FC
    Nat'l Team:
    United States
    toad455 repped this.
  4. Minnman

    Minnman Member+

    Feb 11, 2000
    Columbus, OH, USA
    Club:
    Columbus Crew
    Nat'l Team:
    United States
  5. song219

    song219 BigSoccer Supporter

    Apr 5, 2004
    La Norte
    Club:
    DC United
    Nat'l Team:
    Vanuatu
    The real secret is that the oil is actually powering all of those windmills.
     
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  6. spejic

    spejic Cautionary example

    Mar 1, 1999
    San Rafael, CA
    Club:
    San Jose Earthquakes
    It's too limited. If this thing does drag on for weeks or months, we'd have used it all for a temporary benefit and then be back in the same boat with no reserves. And oil would be even more expensive because the traders will price in the fact that we have no more control over prices and will eventually have to buy that oil back.
     
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  7. BocaFan

    BocaFan Member+

    Aug 18, 2003
    Queens, NY
    Good thing Trump went all in on the Paris Climate deal so these prices don't matter much.
     
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  8. spejic

    spejic Cautionary example

    Mar 1, 1999
    San Rafael, CA
    Club:
    San Jose Earthquakes
    As I said in another thread:
    If this thing goes for a while, $150 isn't enough either.

    Also, Middle East oil production isn't designed for extended stoppages. They don't have a lot of storage. WSJ is reporting that Kuwait and Saudi Arabia have already slowed production. That's not a good thing, as it takes a while to get a field producing at the same rate once you restart, and you have a chance of permanently damaging the field, reducing the total amount of oil you extract from it.
     
  9. superdave

    superdave Member+

    Jul 14, 1999
    Raleigh NC
    Club:
    DC United
    Nat'l Team:
    United States
    If inflation is 6-7% come voting time, the Senate will be Democratic controlled.
     
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  10. Kazuma

    Kazuma Member+

    Chelsea
    Jul 30, 2007
    Detroit
    Club:
    Chelsea FC
    As someone who is back on the job hunt again, I can at least laugh in a this would be funny if it wasn't so typical.
     
  11. BocaFan

    BocaFan Member+

    Aug 18, 2003
    Queens, NY
    Journalism today. :rolleyes::rolleyes:

    From this short article ;

    "President Trump launched a series of efforts this week to staunch spiking gas prices following his decision to attack Iran.."

    "US presidents have limited power to sway the global price of oil, but they tend to bear the blame for rising prices at the pump"

    :ROFLMAO:
     
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  12. superdave

    superdave Member+

    Jul 14, 1999
    Raleigh NC
    Club:
    DC United
    Nat'l Team:
    United States
    What the ********!?!?!?

    Yes, American presidents have limited power. The main way American presidents can sway the price of oil is starting a war in the Middle East!!!!!

    Seems like that might be worth mentioning. Jesus Christ.
     
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  13. bigredfutbol

    bigredfutbol Moderator
    Staff Member

    DC United
    Sep 5, 2000
    USA
    Club:
    DC United
    Nat'l Team:
    United States
    Sorry to hear that, I had hoped your recent job would be permanent/work out.
     
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  14. toad455

    toad455 Member+

    Nov 28, 2005
    Experts are already predicted gas to reach $4.00/gallon by Memorial Day.
     
  15. LastBoyscout

    LastBoyscout Member+

    Mar 6, 2013
    That's still really cheap. I would currently pay about $8.25 per gallon at the cheapest gas station over here. Maybe stop buying gigantic gas guzzlers.
     
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  16. Kazuma

    Kazuma Member+

    Chelsea
    Jul 30, 2007
    Detroit
    Club:
    Chelsea FC
    it was out of my control. Headcount reduction. And from the sounds of things they aren’t exactly great.
     
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  17. Pittsburgh Ref

    Pittsburgh Ref Member+

    Oct 7, 2014
    da 'Burgh
    Sorry man. My RIF was early November. From what I hear, outside is the better option, aside from the whole paycheck thing.

    Break a leg!
     
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  18. Cascarino's Pizzeria

    Apr 29, 2001
    New Jersey, USA
    A few minutes after the bell, Casino down over 1%
     
  19. soccernutter

    soccernutter Moderator
    Staff Member

    Tottenham Hotspur
    Aug 22, 2001
    Near the mountains.
    Club:
    Tottenham Hotspur FC
    Nat'l Team:
    United States
    And with Trump's announcement, Dow up 0.5% and NASDAQ up 1.38% A lot of that was in the last 30 to 45 minutes.
     
  20. Pittsburgh Ref

    Pittsburgh Ref Member+

    Oct 7, 2014
    da 'Burgh
    The money these chuckle-fvcks are able to make on these shorts and longs ad infinitum is mind-boggling.
     
  21. argentine soccer fan

    Staff Member

    Jan 18, 2001
    San Francisco Bay Area
    Club:
    CA Boca Juniors
    Nat'l Team:
    Argentina
    #2771 argentine soccer fan, Mar 9, 2026
    Last edited: Mar 9, 2026
    It's hard to tell how the attack on Iran will play out with voters. If in the short term there appears to be success, it might even help Trump.

    Still, your statement may very well end up being right. It's sad to me that inflation and the price of gas may be better arguments for Democrats against Trump's actions than the photos and videos of places like schools being bombed. But that's human nature, and not just in the US. Human beings will respond to financial hardship arguments better than to moral arguments.

    But hey, I'll take whatever argument it takes to help stop this madness.
     
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  22. Kazuma

    Kazuma Member+

    Chelsea
    Jul 30, 2007
    Detroit
    Club:
    Chelsea FC
    “The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are.” Jorah Mormont
     
  23. raza_rebel

    raza_rebel Member+

    Dec 11, 2000
    Club:
    Univ de Chile
    #2773 raza_rebel, Mar 10, 2026
    Last edited: Mar 10, 2026
    Mine will be in mid-September.

    I was actually surprised this administration didn't claw back the $$ from the BIL/IRA funding or get DOGE'd. The Biden administration realized what Trump was going to do and pushed a lot of $$ forward. Other projects weren't so lucky. The other side of that coin is other entities (state agencies, contracting companies, NGOs, farmers who prepaid, etc) were left with holding up their end of the partnership while the Trump admin left them high and dry.
     
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  24. soccernutter

    soccernutter Moderator
    Staff Member

    Tottenham Hotspur
    Aug 22, 2001
    Near the mountains.
    Club:
    Tottenham Hotspur FC
    Nat'l Team:
    United States
    CPI numbers out today (data before spike in oil prices).

    Actual, expected, prior
    upload_2026-3-11_8-35-23.png

    It was spot on.
     
  25. soccernutter

    soccernutter Moderator
    Staff Member

    Tottenham Hotspur
    Aug 22, 2001
    Near the mountains.
    Club:
    Tottenham Hotspur FC
    Nat'l Team:
    United States
    CPI month over month categories

    [​IMG]
     

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