Probably true. Extreme economic disparity is baked into the cake, but we need to start by removing the racism frosting. https://www.youtube.com/watch?v=hf0amSOuOX0
The second point I should have made is that there is not much real white-perpetrated race bias today. Otherwise we would have whites targeting Asians. What we have is class bias. So solving the economic class disparity solves everything else.
Solving class disparity would go a long ways. However, it's too bad that the Republican party, despite trying to rebrand itself as the party of the [white] working class, is all in on making class disparity worse. Has been for decades.
There's no organized anti-immigrant black group as you may want to believe. There are however anti-immigrant white nationalists/supremacists who routinely have problems with asians/blacks/latinos/Jews/LGBT/women. Also this is just an evolution for this same group has also had problems in the past with Irish/Germans/Italians etc.
Shame on you for spouting such "divide & conquer" non-sense. Would have asked you to remove your tin-foil hat, but you know exactly what you are attempting here.
LOL. Sure. That is why Asians are leaving the Democrat party.
You rattle off corporate media links like you cannot do you own research and critical thinking. The data from the article I cited was directly from your beloved government stats. Blacks make up 12% of the population compared to 62.3% white. Yet blacks are responsible for 27.5% of violent incidents against Asians compared to 24.1% whites.
Asians blame Trump's rhetoric for the skyrocketing increase in assaults. They blame Democrats for what they perceive as efforts to weaken their number one priority--education.
Oh Jesus. See why we cannot have nice things. Fake news and fake "studies" everywhere.
It is widely known and accepted in the real world of non-alternate facts that, under Trump, real working class income relative to inflation moved up relative to the upper class.
Under Trump paychecks grew faster than inflation. Average weekly earnings for all workers were up 8.7% after inflation. Biden has destroyed that.
All the statistics taken together show that income disparity has accelerated. https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality And once again, Biden does not control inflation. If you want to engage is stupid partisanship finger-pointing, the factors that contributed to inflation began under Trump. It is a bit like braking your car. Even if you floor it, the car won't stop until many feet later. The inflation we are seeing now was predicted during the Trump administration. It was already baked in the cake.
LOL. So we cannot blame Biden (and if we do it is partisan finger pointing), but we can blame Trump for economic performance under Biden? Ha! Maybe it is still Bush's fault? This just keeps proving what Reagan said: "It is not that our liberal friends are ignorant, it is that they know so much that just isn't so."
What was the average price of gas when Trump left office. $2.20. What is the average price of gas today. $4.60. I think you have a lot of nerve or are demonstating a lot of desparation excusing Biden's inflation. It is going to pound Democrats into smithereens in November.
You have missed my point entirely, and probably deliberately. My point is Trump is not to blame for inflation either. If he had won a second term, we would still be experiencing the same inflation. I am telling you to stop always seeking to cast blame, and instead learn to objectively analyze at the multivariate factors of any complicated situation.
If voters are stupid enough to vote for Republicans based on gas prices, then America will deserve the autocracy the GOP is promising. https://www.youtube.com/watch?v=K-vHQnQ_x5Y
He would not have canceled all the oil drilling permits. He would have pushed back on the continued King Fauci shutdown and mandates... that by the way never worked and causes more harm.
We might have had some inflation, but not this level.
This is just excuse-making whataboutism. You love old Biden and hate old Trump and so you will keep making excuses for Biden and blame Trump for your hangnail.
Your own source says government spending CONTRIBUTED, not caused. Propagandists often work by misquoting. Government spending increases the money supply. Inflation means an increase in money supply without a commensurate increase in consumer spending.
Money Supply:
March 2017 to Feb 2020 steady increase of $57/month
Feb 2020 to May 2020 explosion to $792/month
May 2020-Jan 2021 moderates to $170/month
Jan 2021 to March 2022 slight but steady increase of $174/month
Your source says, "Estimates suggest that fiscal support measures designed to counteract the severity of the pandemicтАЩs economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021." Nearly all of that 3% front-loaded by May 2020.
Even with the extra money supply, if the economists had been correct about velocity forecasts, inflation would have been moderated. In any case, inflation was baked into the cake long before the American Rescue Plan.
You love old Trump and hate old Biden, and you will keep making excuses for Trump and blame Biden for your hangnail. You keep coming at us not with any sort of objective analysis, but with stupid, right-wing, reactive propaganda.
By the way, with our honor system quarantine, stupid mask culture war, inconsistent compliance with shutdowns, lack of testing in the early stages, etc, etc, we are lucky to get by with 1,000,000 dead. Without any measures, there would have been 20,000,000 dead. It is shameful that the greatest country on earth, the country that should have been the gold standard in pandemic response, has the 18th highest death rate out of more than 200 countries.
PS I suggest you read your own source, every single word.
Trump routinely supported expensive Covid legislation and asked for more than Mitch was willing to approve. So you don't know that Trump would have vetoed the last Covid bill. That's speculation based on your preferences.
Biden has not canceled all the oil drilling permits.
Biden did not institute or continue shutdowns.
Biden did support vaccine and mask mandates. Please explain how you think those two things contributed to high inflation and gas prices since they would have resulted in more people getting back to work more quickly.
You are wishcasting and attributing to Biden things he never did. I mean, I'm sure OANN has reported that he's done those things but in the real world Biden did not shut down drilling, etc.
Man, Biden's inflation really sucks for the British, French, Canadians, Brazilians, Australians, Indians and everyone else on the planet also experiencing inflation and high gas prices right now.
Probably true. Extreme economic disparity is baked into the cake, but we need to start by removing the racism frosting. https://www.youtube.com/watch?v=hf0amSOuOX0
The second point I should have made is that there is not much real white-perpetrated race bias today. Otherwise we would have whites targeting Asians. What we have is class bias. So solving the economic class disparity solves everything else.
"Otherwise we would have whites targeting Asians."
Um, do you not remember this from all the way back in 2021?
https://www.nytimes.com/live/2021/03/17/us/shooting-atlanta-acworth
Solving class disparity would go a long ways. However, it's too bad that the Republican party, despite trying to rebrand itself as the party of the [white] working class, is all in on making class disparity worse. Has been for decades.
It is blacks targeting Asians. Again, it is class bias.
Not in the story I linked to you it wasn't.
Wow. You found one story and from the NYT! Try pulling the statistics if you want to make a relevant point... because everyone can find a story.
Backs are highly over represented in violence against Asians. https://www.financegeek.org/chinese/black-on-asian-crime/
The idea it was blacks targeting Asians came straight from right-wing propaganda as a way to to shift blame for all the white targeting going on. https://www.brookings.edu/blog/how-we-rise/2021/03/11/why-the-trope-of-black-asian-conflict-in-the-face-of-anti-asian-violence-dismisses-solidarity/ It is not a golf game where the lowest score wins. Besides, your link is out of date. Ever since Trump started calling Covid "the China virus," assaults on Asians (because, you know, they all look alike) skyrocketed. https://www.tandfonline.com/doi/full/10.1080/01419870.2020.1839114 more than three-fourths of Asian assault are perpetuated by whites. https://docs.google.com/document/d/19llMUCDHX-hLKru-cnDCq0BirlpNgF07W3f-q0J0ko4/edit Meanwhile, MAGA pastors all over America are foaming at the mouth, making them look more like demons than the Democrats they literally demonize. https://www.youtube.com/watch?v=HmHYuwOoR9A (from 1:25)
"NYT". So says the guy who relies on a "Finance Geek" article to justify his BS on racism.
Here's another one for you.
https://en.wikipedia.org/wiki/Wisconsin_Sikh_temple_shooting
There's no organized anti-immigrant black group as you may want to believe. There are however anti-immigrant white nationalists/supremacists who routinely have problems with asians/blacks/latinos/Jews/LGBT/women. Also this is just an evolution for this same group has also had problems in the past with Irish/Germans/Italians etc.
Shame on you for spouting such "divide & conquer" non-sense. Would have asked you to remove your tin-foil hat, but you know exactly what you are attempting here.
You said "whites aren't targeting Asians."
I found you a story that shows a white targeting Asians. It was a pretty big story last year. Would you like to amend your statement?
Asians themselves blame Trump and whites for the rise in violence against them:
https://morningconsult.com/2021/04/07/asian-america-racism-discrimination-poll/
https://www.scmp.com/news/world/united-states-canada/article/3151188/many-asian-republicans-blame-trump-not-their-party
https://www.forbes.com/sites/roberthart/2021/03/19/trumps-chinese-virus-tweet-helped-fuel-anti-asian-hate-on-twitter-study-finds/?sh=67be76741a7c
https://www.npr.org/transcripts/1087536315
Ah, but what do Asians know compared to Mr. Finance Geek.
LOL. Sure. That is why Asians are leaving the Democrat party.
You rattle off corporate media links like you cannot do you own research and critical thinking. The data from the article I cited was directly from your beloved government stats. Blacks make up 12% of the population compared to 62.3% white. Yet blacks are responsible for 27.5% of violent incidents against Asians compared to 24.1% whites.
Do you do math?
Asians blame Trump's rhetoric for the skyrocketing increase in assaults. They blame Democrats for what they perceive as efforts to weaken their number one priority--education.
Class disparity was shrinking under Trump. Probably explained why Democrats were so committed to defeating him as Democrats need their talking points.
Class disparity was not shrinking under Trump:
https://inequality.org/research/trump-income-inequality/
https://thehill.com/opinion/finance/535239-how-trump-fueled-economic-inequality-in-america/
https://www.dissentmagazine.org/online_articles/inequality-in-the-trump-era
https://www.cambridge.org/core/journals/review-of-international-studies/article/global-inequality-and-the-trump-administration/DC3768AC522B7ADF4C30E1F774017452
And then there's the Cato Institute which argues that income inequality is good.
https://www.cato.org/commentary/income-inequality-revisited
Oh Jesus. See why we cannot have nice things. Fake news and fake "studies" everywhere.
It is widely known and accepted in the real world of non-alternate facts that, under Trump, real working class income relative to inflation moved up relative to the upper class.
Under Trump paychecks grew faster than inflation. Average weekly earnings for all workers were up 8.7% after inflation. Biden has destroyed that.
https://news.yahoo.com/irs-data-prove-trump-tax-130007569.html
https://www.factcheck.org/2019/06/are-wages-rising-or-flat/
All the statistics taken together show that income disparity has accelerated. https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality And once again, Biden does not control inflation. If you want to engage is stupid partisanship finger-pointing, the factors that contributed to inflation began under Trump. It is a bit like braking your car. Even if you floor it, the car won't stop until many feet later. The inflation we are seeing now was predicted during the Trump administration. It was already baked in the cake.
LOL. So we cannot blame Biden (and if we do it is partisan finger pointing), but we can blame Trump for economic performance under Biden? Ha! Maybe it is still Bush's fault? This just keeps proving what Reagan said: "It is not that our liberal friends are ignorant, it is that they know so much that just isn't so."
What was the average price of gas when Trump left office. $2.20. What is the average price of gas today. $4.60. I think you have a lot of nerve or are demonstating a lot of desparation excusing Biden's inflation. It is going to pound Democrats into smithereens in November.
You have missed my point entirely, and probably deliberately. My point is Trump is not to blame for inflation either. If he had won a second term, we would still be experiencing the same inflation. I am telling you to stop always seeking to cast blame, and instead learn to objectively analyze at the multivariate factors of any complicated situation.
If voters are stupid enough to vote for Republicans based on gas prices, then America will deserve the autocracy the GOP is promising. https://www.youtube.com/watch?v=K-vHQnQ_x5Y
"If he had won a second term, we would still be experiencing the same inflation."
No because he would have vetoed the $2+ tillion in Democrat spending.
Even the Fed says that government spending cause the level of inflation we are seeing. https://www.frbsf.org/economic-research/publications/economic-letter/2022/march/why-is-us-inflation-higher-than-in-other-countries/
He would not have canceled all the oil drilling permits. He would have pushed back on the continued King Fauci shutdown and mandates... that by the way never worked and causes more harm.
We might have had some inflation, but not this level.
This is just excuse-making whataboutism. You love old Biden and hate old Trump and so you will keep making excuses for Biden and blame Trump for your hangnail.
Your own source says government spending CONTRIBUTED, not caused. Propagandists often work by misquoting. Government spending increases the money supply. Inflation means an increase in money supply without a commensurate increase in consumer spending.
Money Supply:
March 2017 to Feb 2020 steady increase of $57/month
Feb 2020 to May 2020 explosion to $792/month
May 2020-Jan 2021 moderates to $170/month
Jan 2021 to March 2022 slight but steady increase of $174/month
Your source says, "Estimates suggest that fiscal support measures designed to counteract the severity of the pandemicтАЩs economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021." Nearly all of that 3% front-loaded by May 2020.
Even with the extra money supply, if the economists had been correct about velocity forecasts, inflation would have been moderated. In any case, inflation was baked into the cake long before the American Rescue Plan.
You love old Trump and hate old Biden, and you will keep making excuses for Trump and blame Biden for your hangnail. You keep coming at us not with any sort of objective analysis, but with stupid, right-wing, reactive propaganda.
By the way, with our honor system quarantine, stupid mask culture war, inconsistent compliance with shutdowns, lack of testing in the early stages, etc, etc, we are lucky to get by with 1,000,000 dead. Without any measures, there would have been 20,000,000 dead. It is shameful that the greatest country on earth, the country that should have been the gold standard in pandemic response, has the 18th highest death rate out of more than 200 countries.
PS I suggest you read your own source, every single word.
Trump routinely supported expensive Covid legislation and asked for more than Mitch was willing to approve. So you don't know that Trump would have vetoed the last Covid bill. That's speculation based on your preferences.
Biden has not canceled all the oil drilling permits.
Biden did not institute or continue shutdowns.
Biden did support vaccine and mask mandates. Please explain how you think those two things contributed to high inflation and gas prices since they would have resulted in more people getting back to work more quickly.
You are wishcasting and attributing to Biden things he never did. I mean, I'm sure OANN has reported that he's done those things but in the real world Biden did not shut down drilling, etc.
Man, Biden's inflation really sucks for the British, French, Canadians, Brazilians, Australians, Indians and everyone else on the planet also experiencing inflation and high gas prices right now.
Nowhere near what we are experiencing in the US. And US policies that cause domenstic inflation impacts the inflation of these other countries.
K, serious reply: Inflation in Spain is running around the same as the US.
Inflation in the UK, Netherlands, Brazil, Russia and Turkey are all higher than the US.
How did the Biden Covid Relief bill and the Bipartisan Infrastructure bill cause runaway inflation in those other countries?
edit to add link: https://tradingeconomics.com/country-list/inflation-rate
I hear your keyboard click-clacking away but all I see is "Hurr durr de durr durr hurr!!1!11!"
Might want to get that checked out.
One paycheck stat is not sufficiently indicative of a wider non-inequality trend.
Hey, Kevin... it's probably not worth arguing with a social misfit.