Americans have lost $4,200 in income under Biden, wiping out Trump gains: Heritage

Discussion in 'Current Events' started by sec, Sep 23, 2022.

  1. WillReadmore

    WillReadmore Well-Known Member

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    Your comments on Germany are irrelevant to the energy situation in the USA, as we produce more oil than we consume and they have endured huge cutoffs of needed supply.

    And, you have not come up with anything Biden should have done to reduce the impact of the inflation that economists point out was NOT caused by actions of leaders in the USA, including Biden.

    Also, the standard approach to ending inflation is to raise interest rates. The reason is that when there is less demand, prices go down.

    BUT, people tend to see the increased interest rates we are experiencing as being a bad thing, rather than the solution that economists call for.
     
  2. WillReadmore

    WillReadmore Well-Known Member

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  3. Zorro

    Zorro Well-Known Member

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    Fake News. They are quite relevant to the dangers of stupid coercive national leadership on energy policy. But, I can certainly see why a Leftist would want to disavow the terrible mess that has resulted from terrible Leftist guided energy policy in Germany and Europe.
    Yes, before Biden and the Dems attacked our domestic energy production sector, but your claim is now fake news. In 2021 we consumed 18.7 mbd, but only produced 16.6 mbd.
    BAHAHAHAHA! They SANCTIONED their key supplier!
    Fake News. The key to reducing prices is to increase supply, otherwise prices rise until prices crush demand. As Biden and the Dems refuse to work diligently to foster an business environment that increases the supply of goods and services, the only way to restore balance is to crush demand, which is what the Fed is doing by raising the price of money.

    Dems answer is to impose austerity.
    The GOP's solution is to foster prosperity.

    In 35 days our FREE PEOPLE will either choose Dem's unnecessary Austerity or return to GOP Prosperity!
     
    Last edited: Oct 4, 2022
  4. WillReadmore

    WillReadmore Well-Known Member

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    Economists here in the US and world wide point to the reasons that oil price has gone up.


    And, those reasons do have to do with world wide inflation related to COVID, the disruption of supply caused by the war in Ukraine and Putin's actions.

    You talk about "domestic supply", but you have to remember that the price of oil is controlled by the world commodities markets. If oil and gas companies in the USA can get more for their products by shipping it overseas, that is exactly what they do.

    To affect the price of oil, we would have to produce a GIGANTIC amount of new oil. But, even then the commodities markets raise prices when there is risk to supply, such as with conflict or projections of lower total world production.

    Remember that it was Trump who went to the Saudis in hopes of REDUCING supply so that oil prices would go back up.

    And, he failed.
     
  5. Zorro

    Zorro Well-Known Member

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    • I understand that you have no answers.
    • I understand that Biden and the Dems are offering no solutions.
    • I do not agree that there are no solutions.
    • The GOP is offering solutions.
    • I would be voting for the folks who have solutions.
    35 days!

    PROPOSED FREEDOM CAUCUS RULES WOULD OPEN UP HOUSE: Rep. Scott Perry (R-Pa.) explains how new rules could restore the “People's’ House” to the people’s representatives.

    IT WAS NOT NECESSARY for us to lose a full month of purchasing power under Biden and the Democrats.
     
  6. WillReadmore

    WillReadmore Well-Known Member

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    You say there are solutions.

    So:

    What do you suggest in terms of working to convince oil companies that they should produce more oil???
     
  7. notme

    notme Well-Known Member

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    Absolute idiotic to compare a normal recession and bouncing back on that, with the biggest recession since the great depression. It's absolutely not the same.



    I don't do the game of blame the economic plans of a GOP government on a Dem controlled congress, since the PLAN is from the GOP! We can see perfectly clear that GWB caused a massive increase in debt. You can also see Obama was fixing the GOP run disaster of high debt together with a recession. You can also see Trump lending more, but ending up with the same amount of economic progress. An other GOP government that failed the nation.


    GWB crashed the economy of the world, and here you are thinking a US president can fix all that within 1 or 2 quarters.
    It doesn't work like that.

    You look rather ridiculous by refusing to take into account the severity of the GOP run disaster.

    I don't do the game of blame the economic plans of a GOP government on a Dem controlled congress, since the PLAN is from the GOP!

    Just no. China produces the goods the west buys. China closed down, and so the prices skyrocketed due to a massive shortage. That and Ukraine is being shot to pieces, an other massive producer of goods. The inflation is world wide, and not a domestic American thing. Hence it's a joke to claim Biden caused this due to "policies". It's nothing but a hollow meme.

    He did. The mortgage crises happened when he was in charge.

    Dude. Europe switched to buying American made oil. The US would need to produce about 80% more oil to compensate that, and that's just flat out impossible no matter what Biden would allow, except nationalize the US oil industry to stop companies selling their goods to the highest bidder. And the war of Russia vs Ukraine is beyond the control of the US unless we the US is willing to evolve that in a nuclear world war. Seems utterly reasonable Biden isn't going to assert that amount of control on a war.

    Your idea that the US got all that power to control it all is just juvinle.
    The US got their butts kicked out of Afghanistan after 20 years of raging war against a bunch of goat herders.

    You are not responding that I claim the US isn't all that, and the world has a massive influence on the US economy.
     
    Last edited: Oct 4, 2022
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  8. Zorro

    Zorro Well-Known Member

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    You claim that there are NO SOLUTIONS.[/quote]That's all I really need to know about you folks.
    I'd start with not constantly threatening to put them completely out of business, to force them into bankruptcy and render all their sunk costs a loss.

    [​IMG]https://www1.cbn.com › cbnnews › world › 2021 › november › biden-nominee-aims-to-bankrupt-us-fossil-fuel-companies-as-kerry-seeks-to-kill-us-coal-plants
    Biden Nominee Aims to Bankrupt US Fossil Fuel Companies as ... - CBN News
    Nov 10, 2021 'Omarova was caught on video saying the Biden administration's goal is to put oil and gas companies out of business even as Americans across the country face rising gasoline and heating oil prices. According to The Daily Wire, Omarova's comments were made in March during the Jain Family Institute's 2021 Social Wealth Seminar (SWS) series.'

    Make America Energy Independent and Reduce Gas Prices
    'Not long ago, America was the largest energy producer in the world and gas was affordable. The Biden Administration then halted energy projects, shut down pipeline construction, and took every step to discourage the production of American energy resources. Americans shouldn’t have to choose between driving to work and putting food on the table.'

    • 60% Gas prices shot up more than 60% under the current Administration.
    • 10x While the Biden Administration canceled leases and discouraged oil and gas production on day one, Presidents Trump and Obama each approved 10 times as many leases during the same period of their presidencies.
    Even Obama did better than "Strangle Energy" Biden.
    • 20% Electricity prices are up 20% since Biden took office.
    https://www.republicanleader.gov/commitment/strong-economy/#reveal_energy
     
    Last edited: Oct 4, 2022
  9. WillReadmore

    WillReadmore Well-Known Member

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    That's all I really need to know about you folks.
    I'd start with not constantly threatening to put them completely out of business, to force them into bankruptcy and render all their sunk costs a loss.

    [​IMG]https://www1.cbn.com › cbnnews › world › 2021 › november › biden-nominee-aims-to-bankrupt-us-fossil-fuel-companies-as-kerry-seeks-to-kill-us-coal-plants
    Biden Nominee Aims to Bankrupt US Fossil Fuel Companies as ... - CBN News
    Nov 10, 2021 'Omarova was caught on video saying the Biden administration's goal is to put oil and gas companies out of business even as Americans across the country face rising gasoline and heating oil prices. According to The Daily Wire, Omarova's comments were made in March during the Jain Family Institute's 2021 Social Wealth Seminar (SWS) series.'

    Make America Energy Independent and Reduce Gas Prices
    'Not long ago, America was the largest energy producer in the world and gas was affordable. The Biden Administration then halted energy projects, shut down pipeline construction, and took every step to discourage the production of American energy resources. Americans shouldn’t have to choose between driving to work and putting food on the table.'

    • 60% Gas prices shot up more than 60% under the current Administration.
    • 10x While the Biden Administration canceled leases and discouraged oil and gas production on day one, Presidents Trump and Obama each approved 10 times as many leases during the same period of their presidencies.
    Even Obama did better than "Strangle Energy" Biden.
    • 20% Electricity prices are up 20% since Biden took office.
    https://www.republicanleader.gov/commitment/strong-economy/#reveal_energy[/QUOTE]
    One profoundly stupid statement does not mean that is the policy of the US government.

    Besides, the president can not do what that person claimed was the objective.

    So, you just suck that up as if it is real!! You need to be better than that.

    Also, the price fluctuations you point to had actual reasons behind them.

    And, you are TOTALLY ignoring what those reasons actually are.

    How about joining the real world?
     
  10. notme

    notme Well-Known Member

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    https://www.statista.com/statistics/265215/us-oil-production-in-million-metric-tons/#:~:text=Oil production in the United,million metric tons in 2019.
    https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M

    You say Biden does everything to kill the US oil production.
    But the stats show that it's not happening.


    How about you join the real world?
     
    Last edited: Oct 4, 2022
  11. WillReadmore

    WillReadmore Well-Known Member

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    I agree with your response.

    But, you managed to get my name attached to what Zoro said.

    No problem - I like your post and I did the same thing a couple days ago!
     
  12. Zorro

    Zorro Well-Known Member

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    Biden and the Dems destroyed American Prosperity

    [​IMG]

    EVERYTHING IS GOING SWIMMINGLY: Voters add violent crime to top concerns as murder and car thefts surge.

    'Biden has been president for less than two years, and look how things have changed: Gas prices, crime, war, inflation — pretty much everything has gotten worse. It’s not like there was no warning given.'

    And as bad as Biden is, Kackles is worse.
     
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  13. sec

    sec Well-Known Member

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    a small price to pay for no mean tweets
     
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  14. mngam

    mngam Well-Known Member Past Donor

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    Screenshot 2022-10-07 124035.png
     
  15. doombug

    doombug Well-Known Member

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    Remember when some said we would have WW3 under Trump? I do not remember Russia invading Ukraine then.
     
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  16. WillReadmore

    WillReadmore Well-Known Member

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    One can find "some" who have said almost anything.

    Also, not many expected Trump, the American president to work with Putin to expand his private business interests there, surely resulting in the love Putin had for Trump.

    What do you believe should be America's stance concerning Ukraine?
     
  17. doombug

    doombug Well-Known Member

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    LOL! It is too late to play arm chair quarterback. Biden has screwed up royally. If Hunter and the Big Guy had not been doing monkey business in Ukraine there would be no need to even get involved.
     
  18. WillReadmore

    WillReadmore Well-Known Member

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    I don't agree with that AT ALL.

    First world countries are NOT in favor of Russia (or any other country) extending their boarders through war.

    In fact, that is a stated requirement in the charter of the UN that the vast majority of countries (including Russia) have signed.

    Beyond that, our principles are very much different from those of Russia, and the notion of Russia using war to extend their reign into Europe should not be acceptable to anyone in favor of what the USA stands for.

    Whatever the US right wing claims Hunter did does not change ANY of the above in ANY way.
     
  19. doombug

    doombug Well-Known Member

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    Biden is only in favor of protecting his dirty dealings. He does not care what Russia does.
     
  20. Zorro

    Zorro Well-Known Member

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    Biden's war on American energy will take its toll on Democrats in November

    Biden's anti-energy policies most clearly show in the soaring cost of energy

    https://www.foxnews.com/opinion/biden-war-american-energy-take-toll-democrats-november

    'President Joe Biden’s war on American energy started the day he took office on Jan. 20, 2021 and hasn’t let up since. Voters pay the price. In the last 12 months, Biden’s policies have pushed prices higher by 8.3 percent; gasoline is up almost 26 percent, and food up 11.4 percent.'

    'America went from energy dominance under the policies of former President Donald Trump—we even became a net exporter of energy in 2019 for the first time since 1952—to country in which the domestic energy industry is vilified, and federal regulators use their power to hinder energy production. American production of oil is off about 1 million barrels a day since the pre-COVID-19 peak under Trump in late 2019, an eight percent decline.'

    'To boost the supplies of oil, Biden has engaged in a reckless release of America’s Strategic Petroleum Reserve, drawing down this emergency stockpile by about a million barrels a day—the same amount as the shortfall of our domestic production. The Strategic Petroleum Reserve is now at its lowest level in more than 40 years, shortly after it was created. This is dangerous.'

    'And now, Biden’s desperate efforts to revive the poorly-thought-out Iran nuclear agreement have alienated Saudi Arabia, resulting in OPEC agreeing on Oct. 5 to cut oil production by a larger-than-expected 2 million barrels a day—about 2% of global demand.'

    Biden and the Dems are a complete disaster. Time for change.
     
  21. sec

    sec Well-Known Member

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    You won't hear any of this from the Democrat media. They choose not to report on it as it hurts Democrats
     
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