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All the investors found out THAT DAY that they have lost MILLIONS because of king bidens dictate.
You don't thunk that had an immediate effect?
Thousands of high paying pipe fitter jobs...poof...gone...THAT DAY.
Thousands of waitress jobs feeding those pipe fitters...POOF...GONE...THAT WEEK.
Right pal. The price dropped because of the glut of gas, was not a good thing, because oil production was cut worldwide in response, causing even greater inflation pressure during the rebound, all before Biden ever took office.nothing he didn’t do anything to make gas prices affordable he did the opposite with his war on the middle class and promise to end the fossil fuel industry
Are you listening to yourself? Handing that power to the government is a huge mistake. If Trump and the republicans were in control of the government would you honestly be advocating giving THEM that much censorship power? Free speech has to be free if we are to be free.Mark Kelly is concerned that false information could be used to hurt banks and foreign actors could get involved. Social media posts should be scrutinized to determine whether they are true or not. Even a healthy bank can be harmed by fake information. That may or may not be possible but we should try. Social media posts should be moderated.
the price of gas was rather consistent via the prior admin…it skyrocketed after yoj voted for a guy that promised to end the fossil fuel industryRight pal. The price dropped because of the glut of gas, was not a good thing, because oil production was cut worldwide in response, causing even greater inflation pressure during the rebound, all before Biden ever took office.
Until 2020 when the world slowed down because of Covid and gas prices dropped by $1.11 from the previous years high. Market forces not politics.the price of gas was rather consistent via the prior admin
gas prices never GOT that low...geez...and they were on a steady decline before 2020Until 2020 when the world slowed down because of Covid and gas prices dropped by $1.11 from the previous years high. Market forces not politics.
I can help with the math for you. See in the first week of May 2019 the average price was $2.983. By 2020 last week of April is had dropped $1.11 to $1.87gas prices never GOT that low...geez...and they were on a steady decline before 2020
Try again....but as you can see...after you all voted for Joey "I will destroy the fossil fuel industry" Xiden, gas prices skyrocketed from the direction the prior admin had them on.....Joey's war on the working class lead to record inflation, and now bank failures.
Thanks
Yes, the gas prices were falling due to a much better energy policy...well before the pandemic. Cheaper gas prices is better for the economy and the working class. Xiden's war on the middle class, skyrocketed the gas prices due to folks like you voting for him and his vow to kill the fossil fuel industry.,...this lead to record inflation, and now banks failing.I can help with the math for you. See in the first week of May 2019 the average price was $2.983. By 2020 last week of April is had dropped $1.11 to $1.87
Like I said before, by May 2021 the price was back to the 2019 level.
More lies proven by your own link. Gas prices in Dec 2019 and Jan 2020 as the pandemic started, were just as high as the previous two years. Price didn't drop till the economy slowed down in 2020.Yes, the gas prices were falling due to a much better energy policy...well before the pandemic.
Awww, Biden even provides jobs for teabaggers.
Accommodations for Employees with Mental Health Conditions
View attachment 765586
U.S. Department of Labor (.gov)
https://www.dol.gov › program-areas › mental-health
The Job Accommodation Network (JAN) is a free consulting service from the U.S. Department of Labor's Office of Disability Employment Policy that provides ...
the link shows a slight up tic in early 2019, from a low, then a steady drop back down. The lowest gases got during the pandemic, where about the lowest they were during Feb of Obama's last year in office...around 1.80....low gas prices weren't the cause of Xiden's inflation.....it's almost comical to suggest low gas prices caused Xidenflation.More lies proven by your own link. Gas prices in Dec 2019 and Jan 2020 as the pandemic started, were just as high as the previous two years. Price didn't drop till the economy slowed down in 2020.
Meanwhile back in reality, we've added something like 800,000 jobs this year. Not exactly what any economist would call "falling apart".
Blame it all on Ronald Reagan and the "trickle down economics" scam.13 Mar 2023 ~~ By STEPHEN GREEN
The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once
The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.
Schwab’s fall was the firm’s “most ever on an intraday-basis,” even as company execs assured investors in a press release that “Schwab’s long-standing reputation as a safe port in a storm remains intact.”
Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”
“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”
Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.
SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion.
~Snip~
“We’ve made strong economic progress in the past two years,” Biden said Monday. The RNC Twitter account responded with a few inconvenient truths: “When Biden took office, inflation was at 1.4% and gas was $2.39/gal. Today, inflation is at 6.4% and gas is $3.47/gal.”
And that was before the big bills starting coming due for three years spent shutting down and re-regulating the economy while printing up trillions in funny money.
I could say “I told you so,” gentle reader, but you were telling me, too.
Commentary
Bu, Bu, Bu, Bu, But, the economy's strong as hell. Biden said so. Would Joe lie? You mean the Kabul pullout was NOT a glorious triumph?
This is why Maoist Democrats have to steal from others - they’re too stupid to honestly earn money but great at going bankrupt
Mission Accomplished!
the link shows a slight up tic in early 2019, from a low, then a steady drop back down. The lowest gases got during the pandemic, where about the lowest they were during Feb of Obama's last year in office...around 1.80....low gas prices weren't the cause of Xiden's inflation.....it's almost comical to suggest low gas prices caused Xidenflation.
One has to wonder what manufactured bullshit your propagandists are spending so much time on and not telling you what is happening out here in reality.
U.S. Energy Independence Has Grown
Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.
Reagan hasn't been President in over thirty years! hahhahah yeah it's his fault that the Demafascist have taken over the DNC, and ruined the economy....actually we have had a Dem admins for more time since Reagan left office....so why haven't they done anything to fix your Reagan problem...you know other then give us the Xidenflation and bank failures?Blame it all on Ronald Reagan and the "trickle down economics" scam.
haha the inflation rate in 2021 was not because we had affordable gas in 2018 and 2019....stop being silly.In both 2018 and 2019 summer prices rose to nearly $3 and dropped in the fall.
The inflation rate in May 2021 was 5% because of the rise in gas price from the year before. You simply ignore the reason why gas was so low in May of 2020 and just blame Biden.
Really Mac,.... I know you know better than saying that.But PJ Media says otherwise!
Beyond the market, people have been having to dip into their life saving in order just to live in Xideninflation....The stock market has been shaky under Biden. 401K's are taking a hit.
www.cnbc.com
