Dollar Daze

[Cricket]

..click on pic

 

[WhatsHisNuts]

Can you name the policies of Biden that led to the global inflation across the civilized world?

 

[vaquerizo]

Can you name the policies of Biden that led to the global inflation across the civilized world?

The U.S. has higher inflation than most developed nations and the distinguishing feature was President Biden’s so-called stimulus.

$2 trillion so-called “stimulus” prolonged unemployment and stoked inflation, despite warnings from former Obama-Biden Administration officials like former Director of the National Economic Council Larry Summers and former Chairman of the Council of Economic Advisers.

The first step President Biden took in office was canceling the Keystone XL pipeline and freezing leases for new exploration. Most recently, the Administration has canceled oil and gas lease sales in Alaska and the Gulf of Mexico.
The Biden Administration also drained our Strategic Petroleum Reserve (SPR) to its lowest level since 1987. And it’s not even helping.

 

[yyz]

Trump's $2T in stimulus had no bearing on where we are, huh?


Also, The Biden administration approved 3,557 permits for oil and gas drilling on public lands last year, outpacing the Trump administration's first-year total of 2,658.

There are over 9,000 permits to drill, that arent being used.

:shrug:

 

[vaquerizo]

..click on pic

..

 

[WhatsHisNuts]

The U.S. has higher inflation than most developed nations and the distinguishing feature was President Biden’s so-called stimulus.

$2 trillion so-called “stimulus” prolonged unemployment and stoked inflation, despite warnings from former Obama-Biden Administration officials like former Director of the National Economic Council Larry Summers and former Chairman of the Council of Economic Advisers.

The first step President Biden took in office was canceling the Keystone XL pipeline and freezing leases for new exploration. Most recently, the Administration has canceled oil and gas lease sales in Alaska and the Gulf of Mexico.
The Biden Administration also drained our Strategic Petroleum Reserve (SPR) to its lowest level since 1987. And it’s not even helping.

So Biden's one COVID stimulus package caused it, not the previous two from Trump. That makes perfect sense.

The Keystone XL pipeline phases 1 -3 are all up and running. Construction on phase 4, which was on track to be operational in 2030, was shut down. Shutting down that construction project on a pipeline, not a well, contributed to it. Again, this is very logical.

Biden dipping into the strategic reserves to increase supply also caused prices to increase?

You may want to consider litigation against your educators.

 

[vaquerizo]

So Biden's one COVID stimulus package caused it, not the previous two from Trump. That makes perfect sense.

The Keystone XL pipeline phases 1 -3 are all up and running. Construction on phase 4, which was on track to be operational in 2030, was shut down. Shutting down that construction project on a pipeline, not a well, contributed to it. Again, this is very logical.

Biden dipping into the strategic reserves to increase supply also caused prices to increase?

You may want to consider litigation against your educators.

https://nypost.com/2022/03/10/inflation-is-bidens-fault-and-only-bidens-fault/

Hope This Helps!!!!

 

[WhatsHisNuts]

https://nypost.com/2022/03/10/inflation-is-bidens-fault-and-only-bidens-fault/

Hope This Helps!!!!

That's a propaganda article that doesn't answer the question. He's pushing the same crap from the other opinion piece: Trump's two stimulus packages, tax cuts, and tariffs didn't contribute to this situation, it was Biden's one stimulus package. Give me a break. Think it through, or at least try.

 

[vaquerizo]

That's a propaganda article that doesn't answer the question. He's pushing the same crap from the other opinion piece: Trump's two stimulus packages, tax cuts, and tariffs didn't contribute to this situation, it was Biden's one stimulus package. Give me a break. Think it through, or at least try.

Inflation rate:
2017 Trump – 1.7%
2018 Trump – 1.65%
2019 Trump – 1.7%
2020 Trump – 1.4%
2021 Biden – 14%
2022 Biden – 14.9%

 

[yyz]

Tighten your belt.

 

[WhatsHisNuts]

Inflation rate:
2017 Trump – 1.7%
2018 Trump – 1.65%
2019 Trump – 1.7%
2020 Trump – 1.4%
2021 Biden – 14%
2022 Biden – 14.9%

Those numbers aren't accurate. Just FYI.