Politics It's the economy, stupid! Gas, healthcare, & chickens! (1 Viewer)

[Shaboid]

Gas prices aren't the problem, interest rates are.

 

[EL PRESIDENTE]

Gas prices aren't the problem, interest rates are.

There is more than one problem.

 

[EL PRESIDENTE]

Biden better hope the gulf isn't hit with hurricanes the next month, affecting oil

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

Good time to go to England

 

[MickZagger]

Good time to go to England

 

[Voodoo]

Yup, have felt it in my 401k as well, it’s called market correction. And even if it were Biden’s fault, I would vote for him again if given the chance.

 

[Voodoo]

Get an EV and then you won’t care how expensive gas is.

 

[EL PRESIDENTE]

Get an EV and then you won’t care how expensive gas is.

I just got a car, I couldn't wait nor willing to pay markup for an EV.

Happy with the Camry. Fairly fuel efficient, reliable and got it under MSRP via Costco.

Tesla Model 3 would have cost double.

 

[Phatguysrule]

Yup, have felt it in my 401k as well, it’s called market correction. And even if it were Biden’s fault, I would vote for him again if given the chance.

Over Trump or DeSantis? Absolutely.

 

[EL PRESIDENTE]

Yup, have felt it in my 401k as well, it’s called market correction. And even if it were Biden’s fault, I would vote for him again if given the chance.

 

[Voodoo]

Over Trump or DeSantis? Absolutely.

Yup, and that’s going to be the alternative to Biden unfortunately.

 

[Voodoo]

Well what is the alternative?

 

[Voodoo]

I just got a car, I couldn't wait nor willing to pay markup for an EV.

Happy with the Camry. Fairly fuel efficient, reliable and got it under MSRP via Costco.

Tesla Model 3 would have cost double.

Fair enough, fuck Musk anyway. I am planning to get a Chevy Bolt EUV at the beginning of the new year. There are crazy incentives including a free L2 charger that Chevy pays including the installation when you buy one.

 

[EL PRESIDENTE]

Well what is the alternative?

There isn't one, at this point. This has been boiling to this point for years and years. The result of "kicking the can down the road".

 

[MickZagger]

Absolutely brutal what’s happened to my 401k. But the bounce back is going to be spectacular.

My dad always preaches put more money in when the market is taking a hit. By low. I’ve been doing that.

 

[Phatguysrule]

Yup, and that’s going to be the alternative to Biden unfortunately.

What a sad freaking state of affairs. How can those to jerks be getting so much support?

 

[Voodoo]

There isn't one, at this point. This has been boiling to this point for years and years. The result of "kicking the can down the road".

Exactly, this is just a market correction, it needs to happen from time to time. Things will bounce back after the dust settles a bit, especially after the election.

 

[EL PRESIDENTE]

Exactly, this is just a market correction, it needs to happen from time to time. Things will bounce back after the dust settles a bit, especially after the election.

This is going to stick around longer than you think. 12-18 months with a small blip when rates hikes are tapered at the end of the year. We won't recover until they start lowering aggressively.

 

[BigGameDamian]

 

[Voodoo]

This is going to stick around longer than you think. 12-18 months with a small blip when rates hikes are tapered at the end of the year. We won't recover until they start lowering aggressively.

I actually agree, 12-18 months is probably about right. Sucks, but we've been needing this correction for quite a while.

 

[MickZagger]

Good! We’re witnessing a worker revolution. Support for unions is moving toward an all time high.

 

[twobullz]

wow it only took a couple days and to reverse all the tiny drops in gas prices over the summer. At least the Oil companies are getting record profits.

 

[MickZagger]

wow it only took a couple days and to reverse all the tiny drops in gas prices over the summer. At least the Oil companies are getting record profits.

Companies making record profits while we went through a pandemic is one of the biggest reasons we have such high inflation.

 

[EL PRESIDENTE]

One week.

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

LA folks might have to go Basketball Diaries to be able to afford gas.

I DON'T KNOW WHAT THIS MEANS