Registered: Jan 2011
Location: Canton, Ohio
Posts: 2596

https://www-usnews-com.cdn.ampproje...rices-stay-high

Ok, where are all you people that were so happy he won the oresidency and you couldn't contain yourself? Still jumping fir joy?? Yoohooo... where are you???

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Registered: Jun 2014
Location: Louisiana
Posts: 3433

Now he's rubbing our faces in it. That's about as un-American as anyone can be at a time like this.

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Donald Bergeron

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Biden's EPA has formulated new regulations that will stop the pumping of oil out of the Permian Basin in Texas. They will put these regulations in place shortly. This is another example of the liberal democrats governing with regulations and executive orders instead of using Congress. All of the while Biden blames Putin and gas stations for the high price of gas at the pump.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness, the economic idiot is showing just what an idiot he is again. Now anyone with any understanding of economics at all knows that you don't increase taxes when you are starting into or already in a recession. Well guess what? Biden is proposing an increased tax on small businesses. What is he thinking?

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Registered: Jun 2014
Location: Louisiana
Posts: 3433

Thinking? You must have him confused with somebody else.

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Donald Bergeron

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Every week now Biden and his advisors come up with something else to show that they know absolutely nothing about simple economics. Chuck Schumer announced they had bought off Senator Joe Manchin with a natural pipeline deal for West Virginia. Manchin will now vote for the 375 billion dollar climate and green energy subsidy bill.
The democratic politicians think that they can buy votes in November with this spending bill.
But the new GDP numbers out today show that the American economy has shrunk more than 6% since January. Biden can refuse to believe it but the numbers don't lie. The American economy is going down. That is a recession. The government will now have to print 375 billion more dollars to pay for their new subsidies. This can only increase inflation which will increase the recession.
The democratic politicians only care about their politics. They could care less about the American economy.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Democratic politicians are like idiot shoplifters that steal so much from a store that it has to go bankrupt and close down. The shoplifters only care about themselves and how much they can steal. They don't realize that when the store closes, they won't have anyone to steal from. They aren't smart enough to see the big picture. They are economic idiots.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Congress passed Biden's green energy $$ giveaway bill that gives a $7,500 subsidy to electric vehicle buyers. And now Tesla, Ford, Chevy and Dodge have increased the price of their electric vehicles $7,500-$13,500. Now that is Biden economics.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

More Biden economics, he went to Ohio today to campaign/show off on "Microsoft" breaking ground on a new chip manufacturing plant. Well, guess who is paying for this new plant? We, the taxpayers are. Remember when Congressional democrats passed the big spending bill to subsidize computer chip manufacturers? It is pure socialism. The government builds a plant for a private corporation to operate. Then the government taxes the corporation. Now that sounds real efficient doesn't it.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness, every week Biden comes up with a new program. First the democrats subsidized EV makers. Then he subsidized big tech chip makers. Yesterday he announced that the government was going to subsidize Big Pharma's cancer research.
Now, curing cancer is a great goal. Like the rest of Biden's proposals, curing cancer sounds great in theory but does anyone really think that Big Pharma needs more money to do it? What have they done with all of that Covid vaccine money Biden has given them?

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Registered: Dec 2006
Location: Springfield, Ga.
Posts: 4254

they pumped all that money back into tv ads to get these crooked democrats reelected etc...and to buy more illegal ballots to stuff boxes with.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness, he has done it again. The economic idiot said on National TV yesterday that grocery prices would not go up because "he" averted a railroad workers strike. Well guess what, the workers were given a 25% raise. I wonder who is going to pay that 25% extra and what that will do to inflation? It sure does sound like the Democrats bought a lot of railway worker's votes at the expense of American families.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

I wonder if the economic idiot can add and subtract? The DOW was above 30,000 when he took over. It is 29,600 right now. That doesn't take into count the 7% inflation. Anyone that checks their 401k tomorrow will throw up.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Remember when Biden went on his Middle East Fistbump Tour to get Opec nations to increase oil production? How did that work out? OPEC just voted to decrease oil production 2 million barrels/day. That is right, decrease. The price of crude oil started rising today and gasoline at the pump will follow.

Biden keeps blaming the cost of gas at the pump on OPEC, Putin and US gas producers. Whose weakness encouraged Putin to invade Ukraine? Whose weakness and lack of diplomacy encouraged OPEC nations to decrease oil production. Whose fossil fuel drilling policies and increased regulations caused US gas producers to decrease oil production?

The idiot can blame high prices on everyone else but anyone with any economic sense at all knows who is to blame. Duh, we didn't have these problems before he took over.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness, the economic idiot has done it again. He has relaxed the sanctions that Trump put on Venezuela. This will allow Chevron to pump oil out of Venezuela to refine and sell as gas in US. The genius would rather make communist/socialist Venezuela rich and America poorer. He has given Chevron a permit to drill and pump in Venezuela but refuses to give US oil companies permits to drill in US. The idiot has either lost his mind completely or someone at Chevron bought their way into Venezuela. With his
past record it isn't very hard to figure out what happened.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness, Republicans and democrats came together under McCarthy to pass a bill that stops Biden from selling gasoline from our strategic reserve supply to China. Now who even knew that he was doing that? Remember when it was announced that Biden was removing gas from the reserve to reduce the price we paid for gasoline? Well apparantly he was selling it to China. Still think that "the big man" has no ties to China. Now you know why that Chinese Energy Company paid Hunter $300 million.

Typical Biden economics, when Biden took office, he stopped American companies from selling our gas overseas. Our government has been buying gas from American companies, paying to store it for a period and then selling it overseas. Does that make any economic sense whatsoever? It only makes sense if you want the government to control the supply of gas. Gas has to go through the government bureaucracy. Imagine what that does to the price we pay for gas. Remember when Biden blamed gas stations for the high price of gas?

And if you don't think this is true fact check it. I did before I posted it because it sounded so unbelievable.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Anybody that knows anything about economics will recognize what an economic idiot Biden is when he gives his State Of The Union Address tonight.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh my goodness there is a new term for Biden's economic policy. Apparantly he didn't like Idiot Economics. He has rebranded it Bidenomics. He was bragging today that the GDP was up 2%. Now he didn't mention that was because of all of his government spending and kickbacks. He also bragged that inflation was down to "only" 5%. Now is 5% something to brag about? Let's see, GDP 2% inflation 5%; yep that is Bidenomics.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Oh yeah, Government Social Security raises of 8.7% went in effect Jan 1st of this year and is now showing up. Seniors are spending all of that money, not saving it. Bidenomics failed to figure that in.

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Registered: Jun 2014
Location: Louisiana
Posts: 3433

quote:

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Originally posted by Richard Lambert
Oh yeah, Government Social Security raises of 8.7% went in effect Jan 1st of this year and is now showing up. Seniors are spending all of that money, not saving it. Bidenomics failed to figure that in.

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Donald Bergeron

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

Apparently Hunter has been learning about economics from his dad. Hunter has collected 100's of millions of dollars in bribes but can't make his child support payments.

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

More Bidenonomics... the government is spending $140,000/yr of "our money" to house each illegal immigrant in New York. The average salary of a working New Yorker is $70,000/yr. I wonder where all of that money is going? Does anyone still remember when the liberal democrats said that the illegal hard working immigrants would not be a drain on our economy?

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Registered: Feb 2013
Location: Indiana
Posts: 4530

quote:

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Originally posted by Richard Lambert
More Bidenonomics... the government is spending $140,000/yr of "our money" to house each illegal immigrant in New York. The average salary of a working New Yorker is $70,000/yr. I wonder where all of that money is going? Does anyone still remember when the liberal democrats said that the illegal hard working immigrants would not be a drain on our economy?

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Registered: Aug 2004
Location: Chattanooga, Tn
Posts: 22515

They supposedly walked all of the way across Mexico so why not make them walk up to New York or Chicago.

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Registered: Jun 2014
Location: Louisiana
Posts: 3433

quote:

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Originally posted by Triple K Kennel
On top of it if you factor in the expense of Texas & Florida shipping those Immigrants to NYC.....where does it end ?....😁😁
Seems like BOTH sides don't mind spending Our Money....😉

Tim

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Donald Bergeron

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