And yet in one of the greatest economies we ever had, gasoline never hit $3.00 a gallon on a national level.
When Trump took office, the Obama era oil bust cycle had ended and the boom cycle had began. So prices were falling as it always does during a boom cycle. In the middle of this boom cycle, Russia and Saudi Arabia were in an oil price war, which drove the prices down even farther. So far that it was cheaper for US oil companies to import than to produce.
As a liar, you quickly run to after covid hit to tell us about nobody driving. Well guess what? They were driving plenty before that because before covid, we had over a million jobs than Americans that could do them.
LMAO.. A liar? Really? Because there were a LOT of employee's who had gotten tested positive for covid and couldn't go to work. There were a LOT of businesses closed down. Even in Texas, if you're business wasn't considered "essential," then you had to close your doors. Even my little town was like a ghost town.
During Covid, there was more than 1 million jobs closed. Covid, regardless of what you think of the virus, had a HUGE impact on our economy.
The biggest booming business at the time were the hospitals. They were flooded
Tax cuts are a conservative thing. Tax increases are a liberal thing.
Tax cuts with spending increases is a liberal Republican thing. And it's economically retarded.
BTW, serious question. When the tax cuts that eliminated tax deduction made it revenue neutral to the governments income, how can you possibly even call it a tax cut? Because just cutting taxes would reduce the amount of taxes the government collected. But since they collected the same amount, then where's the actual tax cut?
All that's doing is shifting taxes around and calling it a tax cut. Like sliced cheese. If you look on the label, it's not actually cheese. It's called "food stuff." It looks like cheese. People call it cheese. But it's not.
And besides, the taxes only got cut less than 5%. That's crumbs.
Obama cut taxes on the middle class. Just a smidgen less than Trumps. And like Trump, Obama increased borrowing and spending. Which made our USD value even less. Which means it took more to buy the same things. So honestly, what good is having a tax cut when you're going to devalue the dollar and make us pay more for things we have to have?
There's no savings in any of that. It's just smoke and mirrors.
This band-aid you speak of was overwhelmingly supported by our Border Patrol. But that was only one part of stopping illegals. Trump created nearly a half-dozen new border policies because even he knew the wall couldn't do it alone. If you knew anything about it you wouldn't have made such a stupid comment. After he beat the commies in Congress and courts, once his policies got going, it reduced border crossings by 90%.
Sure it was supported. That's less of any area that's gotta be monitored as closely. But it doesn't even address the real problem. And that's why they come here. No president wants to address that because that would mean revamping our entire monetary system.
$15 per
day in Mexico vs. $15
hr here in the USA.
If companies in Mexico were paying quadruple+ what they're paying here in the USA, we'd be invading them.
Where the USD value comes into play here, is that that $15 hr now pays for about the same thing that $5hr paid for back in the 60's.
While the Peso has had a slow decline, our USD, since the 80's has had a massive decline. It's lost 75% of is buying power just since Reagan. But Mexican can live on $8hr here and send $7hr back home and their family lives very well.
If a middle class wage here was say $8hr, Mexicans couldn't do that. There'd be very little reason for them to come here.
There'd be very little reason for American companies to move to Mexico, or import the parts they need from Mexico. Because US companies could afford to make them here. Like we did before the Reagan Republicans (CINO's) infiltrated and destroyed the fiscal conservatives we used to have in our GOP.