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Good suggestions. Now just get he GOP to agree since they are cutting taxes for the rich, pushing to decimate the IRS so rich tax cheats and companies can skate, and have no interest in closing any loop holes. The Dem party is doing just the opposite.What has potato done to achieve these successes you speak of?
A workable solution? Tax them at greater percentages than the working class. Close all the IRS rules and loopholes that benefit them unfairly. Stop corporate welfare completely.
Our crony capitalist economy benefits the rich at the expense of the poor.
Joe Biden in fundamentally transforming this country into a winner. Oil records, infrastructure history, best economy in the world, climate wins, hottest job market the planet Earth has seen. You all will look back at this Golden Age of America’s Economy better known as Bidenomics with fond memories. Even the stock market is struggling to hold on to it’s 3rd straight year of projecting bad results amid the best profits ever.
Biden's America . . . . .
Under Biden, US oil production is poised to break Trump-era records | CNN Business
. . . . . US oil production is poised to shatter all-time records set during the Trump administration. US oil output is now projected to rise to an average of 12.8 million barrels per day this year for the first time ever, according to federal estimates released Tuesday.
Biden's America . . . .
Biden infrastructure law infuses $220 billion in announced projects
. . . . . And I think it's bigger than what happened during the Eisenhower administration, when they built the highway system, when you accumulate all of it," Landrieu said in a briefing with reporters.
Biden's America . . . . .
The US economy is doing way better than the rest of the rich world
. . . . The US had the highest GDP growth and lowest inflation since the start of the pandemic among the G7 countries, an informal group of industrialized democracies.
Biden's America . . . . .
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says | CNN Business
. . . . A year after Democrats passed their sweeping $750 billion climate and health care law, it’s leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
Biden’s America . . . .
. . . . We’re in an ‘incredible economic moment’ with disinflation amid a tight labor market, says CEA Chair in response to the world’s best employment metrics.
Biden’s America . . .
Corporate Profits After Tax (without IVA and CCAdj)
Graph and download economic data for Corporate Profits After Tax (without IVA and CCAdj) (CP) from Q1 1947 to Q4 2023 about CCADJ, IVA, corporate profits, tax, corporate, GDP, and USA.fred.stlouisfed.org
. . . . Corporate profits continue to be reported at record levels.
Year isn’t over dumbass.. how is this… Through 6 months the US has produced more oil than any year ever in history. It IS a record. ANOTHER record will be achieved next month and next month until the year is done. Regardless we are producing record oil this year to date.Okay. "Poised to break" does not mean "has", you fucking retard.
You're about to almost win the lottery..or not.
You certainly win this, though:
View attachment 820609
What has potato done to achieve these successes you speak of?
Solar and Wind passed Coal… Oil is a record. We are the largest exporter nation of energy than at anytime in our history. Biden is “The Energy President”.What a crackup.
Our oil production is going to hit records while he is launching green energy shams.
Year isn’t over dumbass.. how is this… Through 6 months the US has produced more oil than any year ever in history. It IS a record. ANOTHER record will be achieved next month and next month until the year is done. Regardless we are producing record oil this year to date.
Chips bill, infrastructure bill, inflation act, lowered inflation to 3%, lowest unemployment, most people employed, highest GDP ever, lowered deficit, the list goes on and on and on.Not a lot.
Bidenomics is failing miserably and only the left defend it.
BTW: What is our debt now ?
Solar and Wind passed Coal… Oil is a record. We are the largest exporter nation of energy than at anytime in our history. Biden is “The Energy President”.
It’s a global economy dunce. Saudi’s and OPEC have cut back. Russia oil is criminal. So our oil is flowing to people who need it and are paying high prices for it since other places have cut back. What part of that do you not understand?Please explain how that is a positive.
If we want the oil, we are going to get it from somewhere.
Covid shut down a lot of E&P and now it is coming back.
It's an acordian effect.
BTW: What does economics tell you about prices. If we are producing so much oil....then gas prices should......wait for it.......???
Chips bill, infrastructure bill, inflation act, lowered inflation to 3%, lowest unemployment, most people employed, highest GDP ever, lowered deficit, the list goes on and on and on.
Here is oil production. You know how to get it. What is your problem? Oil output is up. Exports are records.Data please.
That would include pipeline data too as you don't move that oil in trucks.
Thanks.
It’s a global economy dunce. Saudi’s and OPEC have cut back. Russia oil is criminal. So our oil is flowing to people who need it and are paying high prices for it since other places have cut back. What part of that do you not understand?
Yes… it all has to do with moving a presidential agenda forward and is as tied to the economies success as you goons try to tie the parts that we still need to work on to Joe. So is the economy good and near “overheating” or bad? You guys crack me up. If i said it was Tuesday you’d say no it isn’t on the other side of the world. Fucking batshit crazy.None of which has anything to do with what you are saying.
If anything, economists are scratching their heads wondering why you'd dump so much money into an already overheating economy.
Here is oil production. You know how to get it. What is your problem? Oil output is up. Exports are records.
Yes… it all has to do with moving a presidential agenda forward and is as tied to the economies success as you goons try to tie the parts that we still need to work on to Joe. So is the economy good and near “overheating” or bad? You guys crack me up. If i said it was Tuesday you’d say no it isn’t on the other side of the world. Fucking batshit crazy.
The link I posted for you was in barrels per day. I am not sure what you are struggling with. Record through 6 months. Just add 6 numbers from that table and compare to the first 6 numbers in any other year.Still looking for that data. In barrels please.
What you are saying is that we can't export enough to cover the difference.
So, for all the hoopla, we are really not very consequential.
In the meantime, our gas prices are through the roof.
Seems like somebody is drinking way to much Kool Aid.
Inflation was supply driven.. Not demand driven. That is why inflation has plummeted with supply chains fixed and covid shut downs in factories in China over. The only place supply is an issue is housing. That won’t be fixed in any short period of time so invest in real estate.What parts would those be ?
The insane stupidity of his green jobs ?
Overheating isn't good. Please don't lecture others on economics. You are embarrassing yourself.
Overheating = Inflation, which despite your crowing, is still well above where it should be. And it has not come down for the average person in the things they need most.
Saying it is slowing is like saying the plane hit the ground at 100 MPH instead of 150 MPH. Everyone is still dead.
Inflation was supply driven.. Not demand driven. That is why inflation has plummeted with supply chains fixed and covid shut downs in factories in China over. The only place supply is an issue is housing. That won’t be fixed in any short period of time so invest in real estate.
