Bidenomics is Booming

[Harpy Eagle]

Why are energy prices sky high then?

sigh....because oil and NG are global commodities and the price we pay depends on how much is being produced all around the world, not just in the US. Many parts of the world are still behind where they were prior to COVID. Saudi Ariba for example has not gone back to pre=COVID levels since slashing them after Trump threatened them into doing so.

Plus there is the embargo against Russian oil and NG.

This is pretty basic stuff

 

[westwall]

sigh....because oil and NG are global commodities and the price we pay depends on how much is being produced all around the world, not just in the US. Many parts of the world are still behind where they were prior to COVID. Saudi Ariba for example has not gone back to pre=COVID levels since slashing them after Trump threatened them into doing so.

Plus there is the embargo against Russian oil and NG.

This is pretty basic stuff

They aren't spiking elsewhere. Oil prices have always been higher throughout the world save for the OPEC countries thanks to sky high taxes.

Literally the day after Biden took office the gasoline prices began climbing.

Why was that?

Be specific.

 

[Harpy Eagle]

They aren't spiking elsewhere. Oil prices have always been higher throughout the world save for the OPEC countries thanks to sky high taxes.

Of course they are, everywhere pays the same amount for a barrel of oil.

How do you not know these things?

Literally the day after Biden took office the gasoline prices began climbing.

Why was that?

They were climbing since June of 2020 with a tiny one month dip in Oct 2020.

You have been lied to and are too stupid to look for yourself.

 

[westwall]

Of course they are, everywhere pays the same amount for a barrel of oil.

How do you not know these things?



They were climbing since June of 2020 with a tiny one month dip in Oct 2020.

You have been lied to and are too stupid to look for yourself.

Squeals the liar. You don't fool anyone, chuckles.

 

[Harpy Eagle]

Squeals the liar. You don't fool anyone, chuckles.

 

[sealybobo]

This has been great for low- and middle-income workers, especially those on a fixed income!

Republicans don't care about those people so don't try to pretend to care now. Biden is doing things that are improving their lives. And unions are fighting for them. So don't you start worrying about the takers now. We know when Bush/Trump were in charge, you didn't concern yourselves with blue collar. Trump panders to uneducated white people that's all.

You considered labor an expense not an asset. Labor was a dirty word to you. We cost your corporate profits.

What happened to "we are paid what we are worth"?

 

[Markle]

Republicans don't care about those people so don't try to pretend to care now. Biden is doing things that are improving their lives. And unions are fighting for them. So don't you start worrying about the takers now. We know when Bush/Trump were in charge, you didn't concern yourselves with blue collar. Trump panders to uneducated white people that's all.

You considered labor an expense not an asset. Labor was a dirty word to you. We cost your corporate profits.

What happened to "we are paid what we are worth"?

Low-wage workers are getting bigger raises than bosses
BY AIMEE PICCHI
DECEMBER 27, 2019 / 1:51 PM

• The 25% lowest-paid Americans enjoyed a 4.5% income boost in November.
• That outpaced a 2.9% gain in earnings for the country's highest-paid workers.
• Low-wage workers are benefiting from higher minimum wages and corporations that are increasing entry-level pay.

Low-wage workers are getting bigger raises than bosses

Wage growth for the lowest-paid workers is now outpacing that of the country's top-earning professionals

www.cbsnews.com

###

Trump Celebrates Lowest Ever Black Unemployment On MLK Day
JOHN CARNEY
20 Jan 2020

Donald Trump celebrated the historically low rate of black unemployment on Martin Luther King, Jr. day.

Black unemployment fell to the lowest annual level ever last year, averaging 6.1 percent in 2019. Black unemployment also hit the lowest level ever last year, falling to 5.4 percent in August.

Julia Pollak
@juliaonjobs

Jan 20, 2020

Black Americans saw large labor market gains in 2019—the black prime-age employment-population ratio rose from 75.1% to 77.2% and wages for black full-time workers rose more than 4% after inflation. Here’s to building on those gains in 2020. #MLKDay2020

Trump Celebrates Lowest Ever Black Unemployment On MLK Day

Black unemployment is at record lows and the gap between white and black unemployment is narrower than ever.| Economy

www.breitbart.com

###

Black and Hispanic unemployment is at a record low
PUBLISHED FRI, OCT 4 2019 1:37 PM EDT UPDATED FRI, OCT 4 2019 2:18 PM EDT
Maggie Fitzgerald@MKMFITZGERALD

[…]

There have never been more Black and Hispanic Americans in the workforce, Friday’s Labor Department job report showed.

The jobless rate for Hispanics hit a record low of 3.9% in September, while African Americans maintained its lowest rate ever, 5.5%.

Black and Hispanic unemployment is at a record low

The jobless rate for Hispanics hit a record low of 3.9% in September, while African Americans maintained its lowest rate ever, the Labor Department reported.

www.cnbc.com

 

[Batcat]

Was $2.00 under Trump and you could get a couple bags of groceries for under $20.00. Good ole days.

Young people with a good income could buy a house under Trump. Not under Joe Biden. They have to have a great income.

Home Buyers Need to Earn $47,000 More Than in 2020

The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time.

www.zillow.com

https://www.npr.org/2024/04/02/1242212997/housing-affordability-income-100000

Of course Biden wants to spend our tax dollars to ”solve“ the problem. Under Trump things were definitely better.

https://realestate.usnews.com/real-estate/articles/bidens-first-time-homebuyer-tax-credit-how-it-would-work

 

[jknowgood]

Young people with a good income could buy a house under Trump. Not under Joe Biden. They have to have a great income.

Home Buyers Need to Earn $47,000 More Than in 2020

The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time.

www.zillow.com

https://www.npr.org/2024/04/02/1242212997/housing-affordability-income-100000

Of course Biden wants to spend our tax dollars to ”solve“ the problem. Under Trump things were definitely better.

https://realestate.usnews.com/real-estate/articles/bidens-first-time-homebuyer-tax-credit-how-it-would-work

Yes, I agree.

 

[ColonelAngus]

Almost *All* the 'New Jobs' in Biden's Economy Are 'Crappy' Part Time Work.

The 'hot' March jobs report released by the U.S. Bureau of Labor Statistics is not as positive as the Biden government and corporate media are billing. It

thenationalpulse.com

It actually shows that in the past 12 months, the U.S. economy has seen the number of full-time jobs decline by 1.3 million while adding 1.09 million part-time positions.

Lib math…