While the second sentence is true, I don’t think that is all Biden’s fault.
Do you remember driving during Covid? It was like I was in Utah, but I was in the Twin Cities. Never traffic. No school buses, many office workers working from home. 10% unemployment which impacted non office workers more so than office workers.
There was a sudden drop in demand for fuel. Oil production dropped. Domestic oil, which generally is more costly than Arab oil feel even more so.
It takes time to start up a well, or get a refinery going (which I just saw on the news that a really big refinery just got up and running again). Domestic oil and oil product production isn’t down compared to when Trump was in office, but demand is way up.
I’ll give you the fact that I think oil and oil product production would be higher under Trump (thus more supply). I just don’t buy that it is incredibly significant. We would be shipping our surplus oil products out of the US to more expensive markets. There wouldn’t be a glut of oil here for cheap when others are paying top dollar elsewhere.
Anyway, I hate to make this personal with you. I just find this really interesting.
This is one of my favorite topics to think about. When I was in school Free Trade and each country making the stuff it could produce most cost efficiently was like, the way to go according to Economists. The European Union and the Euro, and the trade deals with Asia were gonna be awesome.
In those days, Republicans often took pride in being the sound, rational party who made decisions based on books and stuff.
Now it’s 20 years later and everyone is all Isolationist and wanting to protect domestic industry. Words like “Populist” and “Nationalist” now have positive connotations. England Bros Brexited. Econ bros are now Ivory Tower Elitists.
Hardly an unbiased source, but I strongly disagree with you here - and it’s hard to find anything unbiased when searching “EPA + Gas Prices” or “Biden + Gas Prices”…
EPA restrictions and increased prices for products they affect are pretty well known, but it’s okay if we disagree here.
I don’t take it personally at all. I welcome the discussion, otherwise I wouldn’t have made a thread! Civil discourse is the backbone of democracy.
The economy is circular, and I believe when trade deals like NAFTA came into play - it was borrowing from the future to make today more palateable… only today is the ‘future’ in this scenario and we have lost too much of our domestic production capabilities. Much of which were brought to light during the pandemic.
Then don’t be so mad at the current President. Some of Biden’s funding went to build a Micro-Processor (said with super thick Boston Accent) factory in New York.
It’s hard to deny that free trade and NAFTA specifically did Focused damage to the US. It’s like Detroit and the Rust Belt in general took the hit for the rest of the country.
Econ dudes say that workers who get cut from domestics industries will be better off when they find new jobs in the newly organized economy.
But that doesn’t work so great when your whole region is crushed.
If we’re going to reorganize and rebuild domestic production we may need to accept these higher prices until the US can expand production. We have to pay for the future, now.
Do you notice that your fitness is twice as good as when gas was cheaper and air was dirtier, or do you just have a general feeling of well-being from knowing that your sacrifice has helped mankind?
It includes full funding for the CHIPS for America Act, which will provide $52 billion to catalyze more private-sector investments and continued American technological leadership.
This $4.8 trillion is the net result of roughly $4.6 trillion of new spending, roughly $500 billion of tax cuts and breaks, and $700 billion in additional interest costs, partially offset by $400 billion of spending cuts and $600 billion of revenue-increasing policies. Of the non-interest deficit increases, about $3 trillion is from legislation – including a net $1.6 trillion passed on a partisan basis and $1.4 trillion passed on a bipartisan basis. Another $1.1 trillion comes from executive actions.
let’s see here…
52,000,000,000 / 4,600,000,000,000 = .0113 OR 1.13% has gone towards something I approve of. So I approve of him and his administration’s spending about 1.13% so far.
I wonder which one of his kids gets the kickback on this deal though
You’re crazy if you think this lol. At least Kari Lake was willing to debate, but if you consider ‘debate’ to be a ‘karen thing’, then you’re probably right.
“If we don’t win, there’s some cheating going on. And we already know that,” she said just hours before polls closed on primary day.
After she won the race, she: “We out-voted the fraud, we didn’t listen to what the fake news had to say.”
Lake said in June that she would not have certified Biden’s victory in Arizona.
In the same debate, she called the election corrupt and said — with no evidence — that 34,000 ballots “were counted two, three, and four times” in Arizona and that 200,000 ballots were trafficked by mules. “He lost the election, and shouldn’t be in the White House,” she said about Biden.
So you think there was no fraud happening in the AZ Governor election this year?
You think nothing fishy happened in the 2020 AZ Presidential election either?
Not enough to sway 17,209 votes, or 0.678% of the final vote count? (Gov election)
Quite an accurate system that seems to have repeated failures on election day…
Maricopa County seems to have done an outstanding job, 2 elections in a row, with no valid criticisms at all.
