flyangler

When Being Less Bad Than Jimmy Carter is Aspirational and a Goal

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How bad is it for Team Biden/Harris? 

 

Well, when it is aspirational to be not as bad as the Carter Years, it is pretty bad. 

 

The Dems, including many in the WH with dreams of a 8 year stay there, are freaked that the 2022 elections are going to be a bloodbath for the Dems and the Progressive dream. At this point, it is a certainty that Pelosi will be handing over the gavel come January 2023. And, at the rate they are going, Schumer looks to be the next Minority Leader, though that is less certain from this far out. 

 

The key for the Dems is how bad will the House losses really be. Worse, whether they might ever recover a majority without Trump being on a ballot ever again. 

 

Dems lost 15 seats in the 1978 Carter midterm elections, going from 292 to 277 seats. But they entered that election with a 292 to 143 majority so what did 15 seats mean? Not much, but today's majority is only mid single-digits, so 15 would be more than enough to change the spending and investigative dynamics in 2023-2024. 

 

Historically, since WW2 the President's party has lost an average of 26 seats in the House, and an average of four seats in the Senate. It is not impossible that Biden could be worse than the historical average in the House, though not sure about the Senate given all of the GOP retirements this cycle. 

Edited by flyangler

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PJMedia trigger warning.....

 

Biden's Response to the Ominous Specter of Inflation Should Set Off More Alarm Bells

 

On Monday, President Joe Biden assured Americans that the price increases of the past few months are temporary and totally not an ominous sign of persistent inflation. He claimed that his big government boondoggles will shore up the economy and prevent inflation — even though his profligate spending contributed to the current inflation in the first place.

 

Biden began his remarks by taking credit for the U.S. economy’s recovery as the COVID-19 pandemic abates. He touted his child tax credit and the “American Rescue Plan,” his trillion-dollar giveaway to Democratic big cities struggling under the weight of enormous pension plans in the name of COVID-19 relief.

 

Yet Biden also acknowledged the foreboding price increases that raise the specter of unchecked inflation.

 

“We also know that as our economy has come roaring back, we’ve seen some price increases. Some folks have raised worries that this could be a sign of persistent inflation, but that’s not our view,” Biden insisted.

 

“Our experts believe the data shows that most of the price increases we’ve seen were expected and are expected to be temporary. Reality is, you can’t flip the global economic light [switch] back on and not expect this to happen,” he added. “As demand returns, there’s going to be global supply chain challenges. We’ve seen that in semiconductors, which are used in automobiles. That global shortage has slowed vehicle production, creating a temporary spike in car prices.”

 

“That’s a real challenge,” Biden admitted. He pledged that his “administration is doing everything we can to address it. But again, these disruptions are temporary.” He noted that, after a steep increase a few months back, lumber prices have “fallen by more than 50 percent.”

 

“I want to be clear: my administration understands that if we were to ever experience unchecked inflation over the long term, that would pose a real challenge to our economy. So while we’re confident that isn’t what we’re seeing today, we’re going to remain vigilant about any response that is needed.”

 

Ironically, Biden then urged Congress to pass more profligate spending bills to double down on the economic strategy that arguably caused much of this inflation in the first place.

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3 mins ago, flyangler said:

How bad is it for Team Biden/Harris? 

 

Well, when it is aspirational to be not as bad as the Carter Years, it is pretty bad. 

 

The Dems, including many in the WH with dreams of a 8 year stay there, are freaked that the 2022 elections are going to be a bloodbath for the Dems and the Progressive dream. At this point, it is a certainty that Pelosi will be handing over the gavel come January 2023. And, at the rate they are going, Schumer looks to be the next Minority Leader, though that is less certain from this far out. 

 

The key for the Dems is how bad will the House losses really be. Worse, whether they might ever recover a majority without Trump being on a ballot ever again. 

 

Dems lost 15 seats in the 1978 Carter midterm elections, going from 292 to 277 seats. But they entered that election with a 292 to 143 majority so what did 15 seats mean? Not much, but today's majority is only mid single-digits, so 15 would be more than enough to change the spending and investigative dynamics in 2023-2024. 

 

Historically, since WW2 the President's party has lost an average of 26 seats in the House, and an average of four seats in the Senate. It is not impossible that Biden could be worse than the historical average in the House, though not sure about the Senate given all of the GOP retirements this cycle. 

imagine losing the white house the senate and the house that would be a total clown show

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1 min ago, superstriper said:

Trump the first elected president since the Great Depression to lose all three in a single term cant get much worse then that

than that

 

But Trump was a Russian stooge, Putin puppet, every _____ist in the book and was a fascist Hitler wannabe, so from you perspective, there was a reason for that. 

 

What will be your rationale when it happens to Biden? 

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2 mins ago, flyangler said:

than that

 

But Trump was a Russian stooge, Putin puppet, every _____ist in the book and was a fascist Hitler wannabe, so from you perspective, there was a reason for that. 

 

What will be your rationale when it happens to Biden? 

your

 

since you want to be the grammar police lol I am on my phone 

 

my rationale will be you are what your record says you are  and when you lose rep or dem you are a loser

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4 mins ago, superstriper said:

my rationale will be you are what your record says you are  and when you lose rep or dem you are a loser

hence the NEED for the big lie.

Trump and his cult need the lies to explain away all the losing.

 

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OPEC agreed to pump millions of extra barrels a day into the system.  Price per barrel dropped 6% in a day.  All in an effort to screw-up Flyangler's prediction.

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7 mins ago, Slacker said:

OPEC agreed to pump millions of extra barrels a day into the system.  Price per barrel dropped 6% in a day.  All in an effort to screw-up Flyangler's prediction.

Will refined petrol products fall accordingly?

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Just now, Gotcow? said:

Will refined petrol products fall accordingly?

They always have.

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6 mins ago, Slacker said:

OPEC agreed to pump millions of extra barrels a day into the system.  Price per barrel dropped 6% in a day.  All in an effort to screw-up Flyangler's prediction.

WTI drops from 75 to 67 and you think that is a good thing? up another 1% today. 

 

As a reminder, $40 at the election and $60 in April with a straight run to 75. Now all of the OPEC members have to live up to their allocations. 

 

meanwhile, since people don't watch WTI or Brent, where is the national average of gasoline right now? $3.17? 

 

 

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1 min ago, flyangler said:

 

 

As a reminder, $40 at the election and $60 in April with a straight run to 75. Now all of the OPEC members have to live up to their allocations. 

 

 

 

 

And you don't think that has anything to do with the economy reopening and people starting to live again post Covid?

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