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LOL...now we know.....Biden only gets information his handlers give him
“I’m sick of this stuff… The American people think the reason for inflation is the government spending more money,” Biden said angrily. “Simply. Not. True.”
“Democrats didn’t cause this problem. Vladimir Putin did,” Biden said
“From the moment he put his over 150,000 troops on the Ukrainian border, the price of gasoline in January went up 75 cents,”
“Make no mistake, inflation is largely the fault of Putin,” Biden griped.
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Matt Whitlock
@mattdizwhitlock
From the time Biden's $1.9T spending bill passed in March - which Obama economist Larry Summers called "the least responsible economic policy in 40 years" - inflation has outpaced wage growth, giving Americans a pay-cut.
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When you ban another countries pipe line.....because it will hurt their economy
...and then ban your own countries pipe line....because it's the right thing to do
You still haven't made an argument why Biden is to blame for inflation although I think he is wrong to blame this entirely on the invasion. So I guess banning the Keystone Pipeline is the reason. LOL
Every country is experiencing inflation, is Biden to blame.
Starting a thread with "went off the rails" for that statement after 4 years of Trump, come on man.
There's been something called covid. It's caused prices to go up worldwide. You should listen to the people in England complain about the high price of gas (petrol) for their cars. They're really upset about the high cost of heating oil too. Covid has practically turned our world upside down and you can't blame one person for it. Maybe a country far away that dropped the ball, but not one leader of a country.
you really need to read more of the posts on this thread........
You still haven't made an argument why Biden is to blame for inflation although I think he is wrong to blame this entirely on the invasion. So I guess banning the Keystone Pipeline is the reason.
Starting a thread with "went off the rails" for that statement after 4 years of Trump, come on man.
Funny how no one remembers how Trump would very quickly pass blame for negative results onto one of his team but would quickly take the credit when the result was positive. But that aside too much of what has caused the inflations, shortages and rising prices are all due to supply and demand especially on the world oil market. But why hasn't the US Oil Industry increased their production you know the answers profit, they like so many industries are trying to make up for the losses of 2020. Exxon made 23 Billion in profit last year so may be now they will nock off the BS and increase production.
The President is responsible for much but I place a lot of blame on Congress, you remember them those elected officials who are suppose to represent us. But for the last 4+ years have been entrenched in partisan lock-step with neither side able to compromise for the sake of the American people. Their continued impasse on almost everything has ground the governments ability to do their job to near 0.
Right and I am sure that Biden's energy policy has nothing to do with it their lack of desire to pump additional oil.
An interesting article on his Policies and why they have been basically discouraging oil companies from increasing production.
“You’ve got diplomacy on Ukraine. You’ve got diplomacy with Iran. Now you’ve got diplomacy with Venezuela,” Kloza said. “You know, it might be advisable to have some diplomacy with oil and gas companies.”
Has he done anything more than continuing to blame the oil companies?
There's been something called covid. It's caused prices to go up worldwide. You should listen to the people in England complain about the high price of gas (petrol) for their cars. They're really upset about the high cost of heating oil too. Covid has practically turned our world upside down and you can't blame one person for it. Maybe a country far away that dropped the ball, but not one leader of a country.
We have had drastic economic effects on people every day and everywhere in the world due to the Pandemic. What they did or didn't do, work or didn't work, buy or spend or didn't during the Pandemic and those effects on production, demands and prices.
Of course any new moneys could aggravate much of this. But most of those new moneys would never have been created without a serious drop in economic activity due to the Pandemic. And of course that all started with Trump, and not his 'fault' either.
There's been something called covid. It's caused prices to go up worldwide. You should listen to the people in England complain about the high price of gas (petrol) for their cars. They're really upset about the high cost of heating oil too. Covid has practically turned our world upside down and you can't blame one person for it. Maybe a country far away that dropped the ball, but not one leader of a country.
Covid did not create money out of thin air and put it into the stock market.
Covid did not set the Fed Funds rate at 0%
Covid did not create money out of thin air and put it into the stock market.
Covid did not set the Fed Funds rate at 0%
The Federal Reserve did.
And at the same time the retards in government forced production of goods to shut down for no good reason.
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