You are unemployed and want a new job, under a Democratic president you have a better chance of getting one!

[Luckyone]

This silly pile of leftwing media balderdash was thoroughly refuted in Post # 342. In case anybody missed it, here it s again >>

• Trump cut taxes more for the lower income groups than for the rich - 3 & 4 % than the rich top bracket > 2.6%
• after 3.5 years of Biden's presidency, we have seen no change in taxation on the rich. Still a relatively low 37%.
• Previous Republican presidents had MUCH higher tax rates on the rich.
• Federal income tax rates and brackets | Internal Revenue Service
• Blue states with bans on rent control, include these states that Biden won in 2020 >> Washington, Arizona, New Mexico, Colorado, Wisconsin, Illinois, Michigan, Virginia, Georgia, New Hampshire, Massachusetts, Connecticut,
• Blue states without a ban, but they also DON'T HAVE rent control >> Nevada, Nebraska, Minnesota, Pennsylvania, New York, Vermont, Maine, Rhode Island, Hawaii.
• So out of 27 blue states, 22 either don't have rent control statewide, or have a ban on it (13 of them).
• In 2016, Hillary Clinton got more $$$ from Wall St fat cats than Trump & Sanders.

And the responses didnt carry any weight either. Oh, so the top 1% of earners after-tax incomes increased more than those of middle- and lower-income earners. Well, that's because the MAKE more money, Duh!

And the fact still remains that the tac cuts for
the lower income groups were larger than than those for the rich.

I have dismissed your INvalid arguments WITH substance, and have focused on facts, which you choose to ignore, Like these >>
Since Eisenhower, Republicans have had tax rates on the rich of 70-92%. In 20 years of Clinton, Obama , and Biden, the tax on the rich never went higher than 39.6%.
Whether you ignore it or not, it remains reality.

Hillary got more Wall St donation$$$$$$ than Trump. Ho hum.

From the 2nd paragraph of your OWN POST!

The Tax Cuts and Jobs Act of 2017 did provide tax cuts across the board, but the benefits were heavily skewed toward the wealthy and corporations. According to analyses by the Tax Policy Center, the top 1% of earners received a significant portion of the benefits, with their after-tax incomes increasing far more than those of middle- and lower-income earners. Additionally, many of the tax cuts for individuals are set to expire in 2025, while corporate tax cuts are permanent.

 

[HeyNorm]

View attachment 1000755

You want to sniff mine too?

What w strange guy

 

[protectionist]

4. Inflation and Energy Policies:​

• Claim: Biden's energy policies are responsible for inflation, particularly through oil drilling cancellations.
• Reality: Inflation is a multifaceted issue driven by several factors, including supply chain disruptions, increased demand post-pandemic, and global market trends. While Biden's energy policies, such as canceling the Keystone XL pipeline, have been criticized, they are not the sole or even primary cause of inflation. Rising energy prices have contributed to inflation, but this is also influenced by global oil market dynamics and the actions of OPEC, not solely U.S. domestic policy.

​

FALSE! Democrats' standard DODGE of Biden guilt regarding the massive 2021/2022 skyrocked inflation is typically talk about
"global" factors. What a pile of BS.

This isn't rocket science. 13 year old kids in the 8th grade know that if you cut supply, demand and thereby prices go up. Well, DUH! that's what Biden did when he cancelled oil leases/drilling in Alaska and the Gulf of Mexico (which I already posted with links).

I also noted that when these prices skyrocket (more than double) manufacturers than have to pay much more to TRANSPORT thier goods to stores. Guess who they oass those cost$$$ on to, Duh!

I am not going to spend more time on this posting these things a THIRD time here, just because you are unwilling to accept reality, and instead pop up with every conceivable DODGE anyone can think of.

You have refuted nothing I've said, and you can't, because everything I stated is FACTUAL, whether yu like it or not.

 

[Luckyone]

You want to sniff mine too?

What w strange guy

It is not a matter of wanting to sniff your ass, but given that you always are showing it here, there is very little I can do about it. If the smell does get a bit too much, I will get rid of you (put you on ignore). It is getting close to that. After all, the ONLY thing you bring here is the odor. I have yet to smell any cologne or even read something that would keep the smell bearable.

I do have to say though, that you are certainly the "norm" here.

 

[protectionist]

From the 2nd paragraph of your OWN POST!

The Tax Cuts and Jobs Act of 2017 did provide tax cuts across the board, but the benefits were heavily skewed toward the wealthy and corporations. According to analyses by the Tax Policy Center, the top 1% of earners received a significant portion of the benefits, with their after-tax incomes increasing far more than those of middle- and lower-income earners. Additionally, many of the tax cuts for individuals are set to expire in 2025, while corporate tax cuts are permanent.

So what if they expire in 2025 ? And then after Trump is elected again, their new expiration date will be 2030.

Sorry, no more tutoring now, Gunsmoke is on, and you alreaDY CAUSED ME TO MISS THE FIRST 5 MINUTES

 

[Luckyone]

FALSE! Democrats' standard DODGE of Biden guilt regarding the massive 2021/2022 skyrocked inflation is typically talk about
"global" factors. What a pile of BS.

This isn't rocket science. 13 year old kids in the 8th grade know that if you cut supply, demand and thereby prices go up. Well, DUH! that's what Biden did when he cancelled oil leases/drilling in Alaska and the Gulf of Mexico (which I already posted with links).

I also noted that when these prices skyrocket (more than double) manufacturers than have to pay much more to TRANSPORT thier goods to stores. Guess who they oass those cost$$$ on to, Duh!

I am not going to spend more time on this posting these things a THIRD time here, just because you are unwilling to accept reality, and instead pop up with every conceivable DODGE anyone can think of.

You have refuted nothing I've said, and you can't, because everything I stated is FACTUAL, whether yu like it or not.

Unfortunately for you, this is the reality

U.S. producers reluctant to drill more oil, despite sky-high gas prices​

Consumers battered by sky-high gasoline prices shouldn't expect relief from the oil industry anytime soon.

Many oil and gas executives say they have little interest in increasing oil production — even at crude's near-record prices, which make extraction very profitable for their companies.
The price of crude oil has been steadily rising since the start of last year. It hit $100 a barrel in March after Russia invaded Ukraine — the first time in 12 years it breached three digits.

At that price, oil companies would normally race to snap up land and drill new wells. But a sizable number of oil and gas executives are saying they won't increase production at any price, according to a survey released this week by the Federal Reserve Bank of Dallas.

This was not Biden's fault. It was PURE GREED fault.

"Hey, at $100 a barrel, why should I drill more and drive the price of oil down? I am defeating my own interests. I have to spend more in order to make the same amount? Screw the public and high inflation, let me sit back and enjoy my money!!!"

 

[Luckyone]

So what if they expire in 2025 ? And then after Trump is elected again, their new expiration date will be 2030.

Sorry, no more tutoring now, Gunsmoke is on, and you alreaDY CAUSED ME TO MISS THE FIRST 5 MINUTES

Yeah, and the rich get richer and the national debt soars even more, and social security and medicare go down the drain because they are not able to get the funds.

Go for it! the me, me, me generation

 

[Lastamender]

"Rate," retard. Not nominal figures. Learn English. Biden's been president with covid killing people than Trumo was.

 

[Luckyone]

Fact:

132,000 people were infected with Covid when Biden took office. It is a fact that 1 person infects 10, 10 infect 100, and 100 infect 1000, which means that 132000 people could easily infect 1.3 million people.

The vaccines were not made available to the entire population before March 2021 and that means that by that time 10's of millions could have been infected.

This is FACT. As such, the fact that more people died under Biden's watch, is not his fault. It is the fault of the Covid virus. To finish it off, Trump did not handle the virus well and if he had handled well, there probably would not have been 132,000 infected when he left office. Trump has some fault in this.

I am tired of talking to people that have their heads up Trumps ass

 

[Lastamender]

Fact:

132,000 people were infected with Covid when Biden took office. It is a fact that 1 person infects 10, 10 infect 100, and 100 infect 1000, which means that 132000 people could easily infect 1.3 million people.

The vaccines were not made available to the entire population before March 2021 and that means that by that time 10's of millions could have been infected.

This is FACT. As such, the fact that more people died under Biden's watch, is not his fault. It is the fault of the Covid virus. To finish it off, Trump did not handle the virus well and if he had handled well, there probably would not have been 132,000 infected when he left office. Trump has some fault in this.

I am tired of talking to people that have their heads up Trumps ass

View attachment 1000795

Then the people that died under Trump was because of the Covid virus just like Biden. You are rather stupid, aren't you?

 

[Luckyone]

Then the people that died under Trump was because of the Covid virus just like Biden. You are rather stupid, aren't you?

Look, the reality is that Biden did nothing wrong. He inherited a pandemic (and all that goes with it).

What you guys (the Republicans) keep on throwing out as criticism is that more people died under Biden's watch than under Trump's. Nonetheless, that is how pandemics work as they progress.....more people die after the pandemic is going strong than at the beginning. That is no one's fault. It is the fault of the virus itself.

If there is "any" fault as to the end amount of deaths from it, some fault falls on the hands of Trump.

I would like you to watch this video. It is not political AT ALL, It is simply a guideline of what Trump did or did not do. It is all FACT. After you watch it, I dare you to say that Trump was faultless.

 

[Lastamender]

Look, the reality is that Biden did nothing wrong. He inherited a pandemic (and all that goes with it).

What you guys (the Republicans) keep on throwing out as criticism is that more people died under Biden's watch than under Trump's. Nonetheless, that is how pandemics work as they progress.....more people die after the pandemic is going strong than at the beginning. That is no one's fault. It is the fault of the virus itself.

If there is "any" fault as to the end amount of deaths from it, some fault falls on the hands of Trump.

I would like you to watch this video. It is not political AT ALL, It is simply a guideline of what Trump did or did not do. It is all FACT. After you watch it, I dare you to say that Trump was faultless.

Biden stopped the pipeline and opened the borders and turned his back on Israel. You are an idiot.

 

[protectionist]

Unfortunately for you, this is the reality

This was not Biden's fault. It was PURE GREED fault.

"Hey, at $100 a barrel, why should I drill more and drive the price of oil down? I am defeating my own interests. I have to spend more in order to make the same amount? Screw the public and high inflation, let me sit back and enjoy my money!!!"

FALSE! In the 2020 presidential debate, Biden promised he would "transition away from fossil fuels.' He kept His promise.

Biden signs executive order pausing federal drilling leases

What will Biden’s order mean for the energy industry and the effort to halt climate change?

www.marketplace.org

1. the NOSEDIVE oil production took between Trump's last month (344 MILLION BARRELS MONTH), and Biden's first month (277 MBM) when he issued an EO to halt oil drilling. A DROP of a whopping 67 MB/mo.
2. there is every reason to believe, that had the pandemic shutdowns not occured, that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about 580 Million Barrels/mo, and much higher than that by now.
3. Fast foward to 2024, after 3 years of minimal oil production (Biden wanting to transition to green energy), it was apparent that Biden caused a whopper inflation, and (in the ELECTION YEAR) Biden got oil production humming again with record production months.

U.S. Field Production of Crude Oil (Thousand Barrels)

 

[protectionist]

Look, the reality is that Biden did nothing wrong. He inherited a pandemic (and all that goes with it).

What you guys (the Republicans) keep on throwing out as criticism is that more people died under Biden's watch than under Trump's. Nonetheless, that is how pandemics work as they progress.....more people die after the pandemic is going strong than at the beginning. That is no one's fault. It is the fault of the virus itself.

If there is "any" fault as to the end amount of deaths from it, some fault falls on the hands of Trump.

I would like you to watch this video. It is not political AT ALL, It is simply a guideline of what Trump did or did not do. It is all FACT. After you watch it, I dare you to say that Trump was faultless.

Trump was a hero with regard to the pandemic >>

• Through the COVID pandemic, our Covid mortality rate was REDUCED from over 17,000/week in April. to about 2000/week in June. and remained very low throughout the year, as a result of the many smart things that Trump did.
  90% REDUCTION. > HUGE SUCCESS.
• Massive production of Ventilators - These were left in short supply after the Obama/Biden admin (we now have so many we're exporting them),
• the Navy hospital ships sent to New York & Los Angeles
• the stimulus checks,
• The Task Force advice (ex. social distancing),
• opposition/criticism of New York's dumb nursing home policies,
• federal aid to hospitals, rapidly expanding production & distribution of medical supplies
• travel bans (which Democrats called Trump a "racist' for),
• Trump's advocacy of Hydroxychloriquin (now proven to be effective, despite criticism from Democrats), and Regeneron.
• fast, continual development of a vaccine, and rapid success of Operation Warp Speed.

 

[TruthNotBS]

FALSE! Democrats' standard DODGE of Biden guilt regarding the massive 2021/2022 skyrocked inflation is typically talk about
"global" factors. What a pile of BS.

This isn't rocket science. 13 year old kids in the 8th grade know that if you cut supply, demand and thereby prices go up. Well, DUH! that's what Biden did when he cancelled oil leases/drilling in Alaska and the Gulf of Mexico (which I already posted with links).

I also noted that when these prices skyrocket (more than double) manufacturers than have to pay much more to TRANSPORT thier goods to stores. Guess who they oass those cost$$$ on to, Duh!

I am not going to spend more time on this posting these things a THIRD time here, just because you are unwilling to accept reality, and instead pop up with every conceivable DODGE anyone can think of.

You have refuted nothing I've said, and you can't, because everything I stated is FACTUAL, whether yu like it or not.

1. Global Factors Beyond Biden’s Control:​

• Claim: The accusation that discussing global factors is a "dodge" is misleading. In reality, global events like the COVID-19 pandemic and the Russian invasion of Ukraine had significant impacts on supply chains and energy prices worldwide, which contributed to inflation. These are not "dodges"; they are essential to understanding the broader context in which inflation rose.
• Reality: The pandemic caused unprecedented disruptions in global supply chains, leading to shortages in goods and labor. The war in Ukraine further exacerbated these issues by destabilizing global energy markets, particularly with oil and gas, and by causing spikes in food prices due to disruptions in the supply of wheat and other commodities. Economists widely acknowledge that these global factors played a significant role in driving inflation during this period(
  Kirkus Reviews
  ,
  Barnes & Noble
  ).

2. Biden’s Energy Policies:​

• Claim: The argument that Biden’s cancellation of oil leases in Alaska and the Gulf of Mexico directly caused skyrocketing inflation is an oversimplification.
• Reality: While it’s true that Biden's administration took steps to limit new oil drilling leases in certain areas, these actions were part of a broader strategy to transition to renewable energy and address climate change. The notion that these specific decisions were the primary driver of inflation is not supported by evidence. The global oil market is influenced by numerous factors, including OPEC production decisions, geopolitical instability, and changes in global demand. For example, oil prices were already on the rise before Biden took office, largely due to supply and demand imbalances following the pandemic.
  Kirkus Reviews
  ).

3. Transportation Costs and Supply Chain Issues:​

• Claim: The assertion that transportation costs skyrocketed solely due to Biden's policies is misleading.
• Reality: Transportation costs increased globally due to supply chain disruptions caused by the pandemic. These disruptions affected everything from shipping containers to truck drivers. As economies reopened, there was a surge in demand for goods that outstripped supply, leading to higher transportation costs. These issues were not unique to the United States and were seen in many countries around the world (Kirkus Reviews).

4. The Role of Corporate Pricing Strategies:​

• Claim: The idea that "greedflation" or corporate profiteering did not contribute to inflation is overly simplistic.
• Reality: Some corporations took advantage of the inflationary environment to increase prices more than necessary, boosting profits under the guise of rising costs. While this was not the primary cause of inflation, it did contribute to higher prices in certain sectors. This phenomenon, known as "greedflation," has been acknowledged by some economists as a factor that exacerbated inflation beyond what would be expected purely from supply and demand dynamics (Kirkus Reviews).

5. Federal Reserve’s Role:​

• Claim: Biden’s administration was slow to respond to inflation.
• Reality: The Federal Reserve, which operates independently of the presidency, is primarily responsible for managing inflation through monetary policy. The Fed was initially slow to raise interest rates in response to rising inflation, contributing to the delay in controlling price increases. However, this was a judgment call made by the Fed, not a direct action of the Biden administration (Kirkus Reviews).

6. Inflation Reduction Measures:​

• Claim: Biden has done nothing to address inflation.
• Reality: The Biden administration has taken several steps to address inflation, including working to lower energy costs through the release of oil from the Strategic Petroleum Reserve and pushing for the passage of the Inflation Reduction Act, which includes measures aimed at lowering prescription drug costs and investing in energy security. These actions are part of a broader strategy to stabilize prices and bring inflation back to manageable levels (Kirkus Reviews).

7. Inflation as a Global Phenomenon:​

• Claim: The U.S. inflation rate is solely a domestic issue.
• Reality: Inflation during this period was not unique to the United States. Many advanced economies experienced similar inflationary pressures due to the same global factors, such as supply chain disruptions, energy market volatility, and shifts in consumer demand. This global context reinforces the idea that blaming a single administration for inflation is overly simplistic and ignores the complexity of the issue (KirkusReviews, Barnes & Noble).

Conclusion:​

The narrative that Biden is solely responsible for inflation ignores the complex interplay of global events, market dynamics, and policy decisions. While no administration is entirely blameless, the causes of inflation are multifaceted, and the Biden administration has been actively working to address the issue. Simplistic arguments that overlook these complexities are not grounded in the full scope of economic reality.

 

[protectionist]

Yeah, and the rich get richer and the national debt soars even more, and social security and medicare go down the drain because they are not able to get the funds.

Go for it! the me, me, me generation

View attachment 1000779

Why would they be not able to get the funds ?

 

[TruthNotBS]

FALSE! In the 2020 presidential debate, Biden promised he would "transition away from fossil fuels.' He kept His promise.

Biden signs executive order pausing federal drilling leases

What will Biden’s order mean for the energy industry and the effort to halt climate change?

www.marketplace.org

1. the NOSEDIVE oil production took between Trump's last month (344 MILLION BARRELS MONTH), and Biden's first month (277 MBM) when he issued an EO to halt oil drilling. A DROP of a whopping 67 MB/mo.
2. there is every reason to believe, that had the pandemic shutdowns not occured, that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about 580 Million Barrels/mo, and much higher than that by now.
3. Fast foward to 2024, after 3 years of minimal oil production (Biden wanting to transition to green energy), it was apparent that Biden caused a whopper inflation, and (in the ELECTION YEAR) Biden got oil production humming again with record production months.
View attachment 1000805

U.S. Field Production of Crude Oil (Thousand Barrels)

1. Claim: A Nosedive in Oil Production Between Trump's Last Month and Biden's First Month​

• Reality: The claim that oil production nosedived from 344 million barrels per month (MBM) in Trump's last month to 277 MBM in Biden's first month needs context. The decline in oil production was primarily a result of the COVID-19 pandemic, which drastically reduced demand for oil globally. This caused oil companies to reduce production, and it was happening before Biden took office. Additionally, it's worth noting that oil production decisions are made by private companies based on market conditions, not solely by presidential executive orders.
• Fact Check: Oil production in the U.S. had already been declining since early 2020 due to reduced demand during the pandemic. The drop from December 2020 to January 2021 cannot be attributed solely to Biden’s executive actions. Additionally, oil production is influenced by global market dynamics, OPEC decisions, and company strategies, not just U.S. domestic policy.

2. Claim: Extrapolation Suggesting Oil Production Would Have Reached 580 MBM by December 2022 Under Trump​

• Reality: This extrapolation is speculative and doesn't account for the complexities of the oil market. Factors such as global demand, OPEC production cuts, investment in new drilling, and technological advances all play significant roles in determining oil production levels. Predicting a steady, uninterrupted increase ignores potential disruptions such as further pandemics, geopolitical conflicts, or technological shifts toward renewable energy.
• Fact Check: Extrapolating oil production based on trends before the pandemic is unrealistic. The oil market is volatile and influenced by a wide array of factors beyond presidential control. Any projection that assumes uninterrupted growth fails to consider the unpredictability of the global oil market.

3. Claim: Biden's Policies Led to "Minimal Oil Production" and Then a Record Production Month in 2024​

• Reality: While Biden's administration has emphasized a transition to renewable energy, it has not resulted in "minimal oil production." In fact, U.S. oil production remained robust, and the administration has taken steps to increase production in response to high prices, including releasing oil from the Strategic Petroleum Reserve and approving new drilling permits. The claim that production was minimal under Biden is misleading and ignores these actions.
• Fact Check: U.S. oil production has remained high during Biden's presidency, even with the administration's push toward greener energy. The claim that Biden caused a "whopper inflation" due to minimal oil production is inaccurate, as inflation was driven by a combination of global supply chain disruptions, the pandemic, and the war in Ukraine, rather than U.S. oil production alone.

Additional Points:​

• Global Oil Prices and Market Influence: Oil prices are set on a global market, meaning that U.S. domestic production is just one part of the equation. Other factors like OPEC decisions, global supply chains, and geopolitical events play significant roles in determining prices and production levels.
• Biden's Response to High Prices: In response to high energy prices, the Biden administration has taken steps to increase supply, such as authorizing the largest release of oil from the Strategic Petroleum Reserve in U.S. history and encouraging increased production domestically.

Conclusion:​

The claims about Biden's responsibility for oil production declines and inflation are largely based on oversimplifications and ignore the broader context of global markets and pandemic-related disruptions. The reality is that oil production is influenced by a multitude of factors, and attributing changes solely to presidential actions fails to provide a full picture of the situation.

 

[Faun]

Biden stopped the pipeline and opened the borders and turned his back on Israel. You are an idiot.

The pipeline was already stopped before Biden became president. Biden just made sure it couldn't come back to life.

April 15, 2020, the District Court held that the NWP 12 issued to TC Energy's Keystone XL oil pipeline violated the Endangered Species Act (ESA) (16 U.S.C. §§ 1531-1544) and vacated the permit pending completion of a consultation process (see Legal Update, District Court of Montana Vacates Army Corps Nationwide Permit 12 for Keystone XL Pipeline).

May 11, 2020, the District Court amended its ruling and allowed the Corps to use the NWP 12 to facilitate the environmental review and permitting of non-oil and gas pipeline projects. The Corps remained enjoined from authorizing dredge or fill activities under NWP 12 for the construction of oil and gas pipelines, including the Keystone XL pipeline and several natural gas pipeline projects (see Legal Update, District Court of Montana Amends Order Vacating the Army Corps Nationwide Permit 12 for the Keystone XL Pipeline But New Oil and Gas Pipeline Projects Still Potentially Delayed).

May 14, 2020, the US Court of Appeals for the Ninth Circuit (Ninth Circuit) issued an order denying a request from the Trump Administration to stay the District Court decision (see Legal Update, Ninth Circuit Denies Stay of Ruling Vacating the Nationwide Permit 12 for the Keystone XL Pipeline Project).

May 28, 2020, the Appeals Court issued an order rejecting another request to stay the District Court decision.

July 6, 2020, Supreme Court Upholds Ruling Blocking Permit for Keystone XL but Allows Nationwide Permit 12 to be Used for Other Oil & Gas Projects

Practical Implications

The decision was welcome news to oil and gas project developers that rely on the NWP 12 permit to facilitate the environmental review of their projects. It is a blow to the Keystone XL pipeline project which needs the permit to continue building the pipeline.​

 

[Faun]

FALSE! In the 2020 presidential debate, Biden promised he would "transition away from fossil fuels.' He kept His promise.

Biden signs executive order pausing federal drilling leases

What will Biden’s order mean for the energy industry and the effort to halt climate change?

www.marketplace.org

1. the NOSEDIVE oil production took between Trump's last month (344 MILLION BARRELS MONTH), and Biden's first month (277 MBM) when he issued an EO to halt oil drilling. A DROP of a whopping 67 MB/mo.
2. there is every reason to believe, that had the pandemic shutdowns not occured, that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about 580 Million Barrels/mo, and much higher than that by now.
3. Fast foward to 2024, after 3 years of minimal oil production (Biden wanting to transition to green energy), it was apparent that Biden caused a whopper inflation, and (in the ELECTION YEAR) Biden got oil production humming again with record production months.
View attachment 1000805

U.S. Field Production of Crude Oil (Thousand Barrels)

Lying as always, gramps. Biden did not shutdown drilling. And the drop in Biden's first month was due to weather, not Biden.

February 2021 weather triggers largest monthly decline in U.S. natural gas production - U.S. Energy Information Administration (EIA)

www.eia.gov

A pity you're incapable of telling the truth.

 

[protectionist]

1. Global Factors Beyond Biden’s Control:​

• Claim: The accusation that discussing global factors is a "dodge" is misleading. In reality, global events like the COVID-19 pandemic and the Russian invasion of Ukraine had significant impacts on supply chains and energy prices worldwide, which contributed to inflation. These are not "dodges"; they are essential to understanding the broader context in which inflation rose.
• Reality: The pandemic caused unprecedented disruptions in global supply chains, leading to shortages in goods and labor. The war in Ukraine further exacerbated these issues by destabilizing global energy markets, particularly with oil and gas, and by causing spikes in food prices due to disruptions in the supply of wheat and other commodities. Economists widely acknowledge that these global factors played a significant role in driving inflation during this period(
  Kirkus Reviews
  ,
  Barnes & Noble
  ).

2. Biden’s Energy Policies:​

• Claim: The argument that Biden’s cancellation of oil leases in Alaska and the Gulf of Mexico directly caused skyrocketing inflation is an oversimplification.
• Reality: While it’s true that Biden's administration took steps to limit new oil drilling leases in certain areas, these actions were part of a broader strategy to transition to renewable energy and address climate change. The notion that these specific decisions were the primary driver of inflation is not supported by evidence. The global oil market is influenced by numerous factors, including OPEC production decisions, geopolitical instability, and changes in global demand. For example, oil prices were already on the rise before Biden took office, largely due to supply and demand imbalances following the pandemic.
  Kirkus Reviews
  ).

3. Transportation Costs and Supply Chain Issues:​

• Claim: The assertion that transportation costs skyrocketed solely due to Biden's policies is misleading.
• Reality: Transportation costs increased globally due to supply chain disruptions caused by the pandemic. These disruptions affected everything from shipping containers to truck drivers. As economies reopened, there was a surge in demand for goods that outstripped supply, leading to higher transportation costs. These issues were not unique to the United States and were seen in many countries around the world (Kirkus Reviews).

4. The Role of Corporate Pricing Strategies:​

• Claim: The idea that "greedflation" or corporate profiteering did not contribute to inflation is overly simplistic.
• Reality: Some corporations took advantage of the inflationary environment to increase prices more than necessary, boosting profits under the guise of rising costs. While this was not the primary cause of inflation, it did contribute to higher prices in certain sectors. This phenomenon, known as "greedflation," has been acknowledged by some economists as a factor that exacerbated inflation beyond what would be expected purely from supply and demand dynamics (Kirkus Reviews).

5. Federal Reserve’s Role:​

• Claim: Biden’s administration was slow to respond to inflation.
• Reality: The Federal Reserve, which operates independently of the presidency, is primarily responsible for managing inflation through monetary policy. The Fed was initially slow to raise interest rates in response to rising inflation, contributing to the delay in controlling price increases. However, this was a judgment call made by the Fed, not a direct action of the Biden administration (Kirkus Reviews).

6. Inflation Reduction Measures:​

• Claim: Biden has done nothing to address inflation.
• Reality: The Biden administration has taken several steps to address inflation, including working to lower energy costs through the release of oil from the Strategic Petroleum Reserve and pushing for the passage of the Inflation Reduction Act, which includes measures aimed at lowering prescription drug costs and investing in energy security. These actions are part of a broader strategy to stabilize prices and bring inflation back to manageable levels (Kirkus Reviews).

7. Inflation as a Global Phenomenon:​

• Claim: The U.S. inflation rate is solely a domestic issue.
• Reality: Inflation during this period was not unique to the United States. Many advanced economies experienced similar inflationary pressures due to the same global factors, such as supply chain disruptions, energy market volatility, and shifts in consumer demand. This global context reinforces the idea that blaming a single administration for inflation is overly simplistic and ignores the complexity of the issue (KirkusReviews, Barnes & Noble).

Conclusion:​

The narrative that Biden is solely responsible for inflation ignores the complex interplay of global events, market dynamics, and policy decisions. While no administration is entirely blameless, the causes of inflation are multifaceted, and the Biden administration has been actively working to address the issue. Simplistic arguments that overlook these complexities are not grounded in the full scope of economic reality.

Oh my. It;s the "Global" DODGE again. WHAT A SURPRISE! HA HA HA.

Interesting how I refute what you say, and then you come back saying the same thing that I just completely refuted. I see no point in discussIng anything with you. You're a joke.

Yes, sure there was greedflation (ESPECIALLY IN RENTAL HoUSING) - and what did Biden do about it for 2 years ? NOTHING.
He's still the president, and rents haven't come down. Gas prices are still way above Trump levels. What is he doing now ? NOTHING.