Another short term pain for long term gain?

Discussion in 'Political Opinions & Beliefs' started by nopartisanbull, Apr 23, 2019.

  1. nopartisanbull

    nopartisanbull Well-Known Member

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    6 months ago, Trump gave himself a pat on the back for low oil prices. Trump tweeted;

    "So great that oil prices are falling (thank you President T). Add that, which is like a big Tax Cut, to our other good Economic news. Inflation down (are you listening Fed)!"

    "Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let's go lower!"

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    HOWEVER, Today, several factors have jacked up oil prices;

    a. OPEC-led supply cuts
    b. Trump's sanctions on Iran and Venezuela
    c. Escalating fighting in Libya

    In addition, many oil analysts are predicating prices above $80 a barrel by mid summer.

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    Thus, considering the fact Trump's foreign policies are partially responsible for jacking up oil prices, what slogan will soon be "REDEPLOYED" by Trump and his base to justify rising prices at the pumps;......"short term pain for long term gain"?
     
    JakeStarkey likes this.

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