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Is Joe Biden destroying America? (See...   The Serious You: How Current Events Affect You

Started Apr-18 by WALTER784; 19070 views.
WALTER784
Staff

From: WALTER784 

Jun-9

Biden's Sec. Granholm... under oath specifically said that Biden's policies did not affect gas prices and attempted to shift the blame on Putin. Even though gas prices were up 30% in Aug 2021... long before Putin invaded Ukraine.

Sen. Hawley Blasts Sec. Granholm for Claiming Biden Policies Had No Effect on Gas Prices

FWIW

In reply toRe: msg 166
WALTER784
Staff

From: WALTER784 

Jun-9

Forget about his stumble (yet again)... but pay attention to the rest of the story.

Biden 'stumbled' before even taking off: Raymond Arroyo

FWIW

Showtalk
Host

From: Showtalk 

Jun-10

How do people elect someone who can’t even answer a simple question?  

WALTER784
Staff

From: WALTER784 

Jun-10

Ask those who elected them!

They're either, dumb, stupid, brain dead, idiotic, moronic or a combination of two or more of those.

FWIW

 

Showtalk
Host

From: Showtalk 

Jun-11

I still think it’s about income more than idealogy. If people have jobs that depend on the government, they are going to vote for politicians who keep their jobs in place along with benefits and salary increases.

WALTER784
Staff

From: WALTER784 

Jun-11

That would make them a government servant instead of the public servant they're supposed to be.

FWIW

WALTER784
Staff

From: WALTER784 

Jun-12

Why Team Biden might be purposefully grinding down the middle class

By Glenn H. Reynolds
May 26, 2022

Vladimir Lenin supposedly once said, “The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
 
There’s some doubt as to whether this line is genuine; regardless, it seems like a pretty good description of what the Biden administration is doing to America’s middle class. 
 
Inflation is running rampant. The Producer Price Index, the most useful measure of general inflation, is up a whopping 16.3% from April 2021, per the Bureau of Labor Statistics.
 
President Biden initially dismissed inflation worries about his large federal spending.
 
That means that roughly $1 out of every $6 that people earn has been lost to inflation in a single year. Or to put it another way, 80 minutes’ earnings out of every eight-hour day have been eaten up.
 
This is predictable, of course. Team Biden took an already bloated federal budget and supersized it with spending last year, printing money hand-over-fist to fund a massive array of pork-filled programs, many if not most of which guided billions of dollars into the pockets of Democratic Party supporters.
 
Gas prices
 
Americans are experiencing sky-high gas prices.
 
President Biden dismissed inflation worries at the time, saying that Milton Friedman — the famed inflation-fighting economist — no longer runs the show. Well, the late economist certainly didn’t run Biden’s show, but his observation that inflation is always and everywhere a monetary phenomenon was borne out in spades as prices took off.
 
And it was a double whammy. Inflation comes when you have too much money chasing too few goods. The spending part provided the excess money, but the Biden team was right there helping to ensure fewer goods, too.
 
Gas prices going up? Not only was Biden’s spending program stimulating inflation, but at the same time Biden policies were reducing the amount of gasoline, diesel and heating oil those dollars could buy. Biden went wild canceling pipelines, ending gas and oil leases, imposing stricter environmental rules and — in cooperation with big institutional investors — choking off the finances of people trying to produce new fuel supplies.
 
Elon Musk
 
Tesla CEO Elon Musk has criticized President Biden’s approach to fossil fuels.
 
As Sen. Dan Sullivan (R-Alaska) observed, “There has been a comprehensive hostility to the energy sector by this administration.” And how.
 
Even electric-car king Elon Musk has been mocking the Biden administration’s fixation on ending fossil fuels. The realities of physics and the marketplace mean that replacing gasoline vehicles with electric cars isn’t going to happen soon, no matter how big a squeeze Team Biden puts on Americans.
 
And what a squeeze it is. Even in Knoxville, where gas prices tend to be lower, I’ve paid more than $5 a gallon for gas. In other parts of the country, it’s selling for more than $7. Diesel — needed to move goods whose prices are already going up because of inflation — is even more expensive, adding costs to everything in what’s left of our supply-chain network. And there’s no relief in sight.
 
Natasha Kaneva, a J.P. Morgan researcher, predicts a “cruel summer” with gas prices averaging more than $6 a gallon by August. Team Biden likes this, because it will encourage people to drive less and to buy electric cars.
 
More expensive oil, coupled with the Ukraine war, also means more expensive fertilizer and thus more expensive food. Biden official Samantha Power thinks this is useful because it will encourage farmers to move from artificial fertilizers to things like compost and manure, which she calls “transitions that would have been in the interest of farmers to make eventually anyway.”
 
Jet fuel prices double ahead of busy summer travel season
 
Someone needs to tell Power that Sri Lanka tried to “transition” to organic fertilizers and wrecked its economy, leaving its people hungry. Is that what she has in mind for Americans?
 
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Showtalk
Host

From: Showtalk 

Jun-12

That is about right.

WALTER784
Staff

From: WALTER784 

Jun-13

Current admin's policies are what's causing the gas increase which fuels the inflation along with unnecessary spending while adding more and more regulations slowing everything down to a dribble only worsening the entire situation.

Democrats create a crisis, make it worse and call it progress

FWIW

Showtalk
Host

From: Showtalk 

Jun-13

Biden is still pushing his good economy.  He said when he was running for office he was going to get rid of all fossil fuels. It can’t be done but they can make it impossibly expensive.

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