Why would energy independence mean no energy inflation? The markets are all linked. People aren’t going to sell West Texas for $40 when Brent is going for $110.
Price still goes up. Independence would affect the trade deficit, but not inflation.
So there is nothing we can do about inflation, because that's what your implying? I don't buy the Biden just has bad luck BS narrative. His policies have been inflationary and not anti-inflationary. Name something he has done that has been anti-inflationary? Releasing strategic oil reserves? That's about it and only reduced prices slightly for a couple weeks and not the $.35 he promised. Oh my bad, he also told people to go buy electric cars.Every country has that ability, but it would require them to go nuclear in the short term (which is measured in years).
If you meant fossil fuels, then only the US really, but, for example, we produce 12M barrels of oil a day and consume 18M, increasing production by 50% and increasing refining capacity by the same amount would take years (also).
I warned you. Its the Liar Liars Club. They just lie and then make fun like Husker Du does. I try to have some satire but not mixed with lies.So there is nothing we can do about inflation, because that's what your implying? I don't buy the Biden just has bad luck BS narrative. His policies have been inflationary and not anti-inflationary. Name something he has done that has been anti-inflationary? Releasing strategic oil reserves? That's about it and only reduced prices slightly for a couple weeks and not the $.35 he promised. Oh my bad, he also told people to go buy electric cars.
To quote Bill Parcells "you are what your record says you are"? He and his administration are so far in over their heads and desperate they've resorted to blatant lying instead of clever little white lies. There was no vaccine available when Biden became president WTF?
Nothing we can do? Hardly.So there is nothing we can do about inflation, because that's what your implying? I don't buy the Biden just has bad luck BS narrative. His policies have been inflationary and not anti-inflationary. Name something he has done that has been anti-inflationary? Releasing strategic oil reserves? That's about it and only reduced prices slightly for a couple weeks and not the $.35 he promised. Oh my bad, he also told people to go buy electric cars.
To quote Bill Parcells "you are what your record says you are"? He and his administration are so far in over their heads and desperate they've resorted to blatant lying instead of clever little white lies. There was no vaccine available when Biden became president WTF?
Exactly. And a lot of the covid relief spending was because we shut down business. PPE was mostly a disaster which is what happens when the government hands out free money. The fraud was insane. And yes Trump deserves the blame for the PPE, he should have known better.Nothing we can do? Hardly.
Our recent fiscal policy set us up for inflation. Some of that is unfunded covid relief spending, and some is underfunded tax cuts.
The oil shock kicked us over the cliff, but we walked ourselves right up to the edge.
My comment had nothing to do with the monetary policy of the Biden admin. They can certainly do more than they are doing, which frankly seems very little if anything of substance. For example, they could guarantee that they would buy (domestic) oil at a certain price point to incentive more domestic drilling and ensuring that those domestic oil companies are not going to be caught out by a drop in oil (beyond their break even). They could also repeal the Trump import tariffs to reduce prices, although I'm not sure that will have a huge effect given the supply chain issues. The Fex needs to be more aggressive in rate increases and reducing the money supply - that would help.So there is nothing we can do about inflation, because that's what your implying? I don't buy the Biden just has bad luck BS narrative. His policies have been inflationary and not anti-inflationary. Name something he has done that has been anti-inflationary? Releasing strategic oil reserves? That's about it and only reduced prices slightly for a couple weeks and not the $.35 he promised. Oh my bad, he also told people to go buy electric cars.
To quote Bill Parcells "you are what your record says you are"? He and his administration are so far in over their heads and desperate they've resorted to blatant lying instead of clever little white lies. There was no vaccine available when Biden became president WTF?
Supporting businesses who were forced to shut down or employees out of work because you (gov) shut down their employers was the right thing to do. I agree that it was a free for all and fraud naturally followed.Exactly. And a lot of the covid relief spending was because we shut down business. PPE was mostly a disaster which is what happens when the government hands out free money. The fraud was insane. And yes Trump deserves the blame for the PPE, he should have known better.
I was at a seminar recently and one of the economists speaking claimed that the government gave out 3x the amount of money than was lost.Supporting businesses who were forced to shut down or employees out of work because you (gov) shut down their employers was the right thing to do. I agree that it was a free for all and fraud naturally followed.
Conversely for many other businesses covid was a boom period. They don't balance out, but it wasn't all negative.
Mandating that people take a drug without having long term studies is unethical at the very least....imagine the government mandating that healthy adults get the vaccine or lose their jobs...
...then imagine listening to this...
Out of curiosity which Fauci do you love?You gotta love that guy!
Fauci says he would not serve under Trump again
White House chief medical adviser Anthony Fauci on Sunday said if former President Trump wins the presidency again in 2024, Fauci will not return to serve Trump in the White House. Fauci, the chief…thehill.com
Sounds like a ringing endorsement to me.Is Fauci campaigning for Trump?
So, it’s Science Fauci when he agrees with watfly, but Celebrity Fauci when he diasgrees with you?Out of curiosity which Fauci do you love?
Science Fauci: Masks are unnecessary, kids are safer in school, the pandemic is over, the crowded Correspondents Dinner is unsafe
Celebrity Fauci: Masks are critical, supports school closures, the pandemic is on going, the crowded Correspondents Dinner pre-parties are safe
Oh crap, my bad again, I forgot science changes...apparently even in the span of one day.
Fauci is a perfect example of why beaker sniffers should never be out of the lab. All that book smarts crowds out common sense. He never should have been the spokeshole for Covid. He doesn't have the savvy and is too narrow-minded to understand cause and effect of his public comments. He was a sucker for leading questions. I was actually a fan of his to start, but he went off the rails in part generated by his new found celebrity. He was qualified as an adviser but not as the figure head.
Poll: Majority say time Fauci should be removed
(The Center Square) – The majority of surveyed Americans think Anthony Fauci should be removed from his role in helping lead the federal government’s COVID-19 response, a new poll releasedwww.thecentersquare.com
Sounds like a ringing endorsement to me.
That was sarcasm chief. It's was all opinion and speculation, despite the fact that he holds himself out to be Science. Do you not believe that Fauci has had a lot of mixed messaging and had trouble with leading questions? I know you have a thing for the "science people", but c'mon let's look at this substantively and stop appealing to authority which is a logical fallacy.So, it’s Science Fauci when he agrees with watfly, but Celebrity Fauci when he diasgrees with you?
So it’s worse than anyone thought.Barely HALF of 'Covid' patients in NYC hospitals admitted due to virus
State data shows of the 670 patients marked as being infected with the virus on Friday, just over two in five were admitted because of the disease. The rest came in for another condition.www.dailymail.co.uk
No question that Fauci is more spokesman than scientist. That is the job.That was sarcasm chief. It's was all opinion and speculation, despite the fact that he holds himself out to be Science. Do you not believe that Fauci has had a lot of mixed messaging and had trouble with leading questions? I know you have a thing for the "science people", but c'mon let's look at this substantively and stop appealing to authority which is a logical fallacy.