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Ga$ Has Doubled Since Biden Took Over

Ga$ Has Doubled Since Biden Took Over

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@earl-of-trumps said
Way to go, Joltin' Joe.

When Biden took the helm on January 20 2021, gas in the US was $2.40 per gallon

"The national average price for gas has reached $4.86, according to AAA. That’s 25 cents higher than last week and up 59 cents in just one month.

https://www.turnto23.com/news/national/national-average-price-for-gas-is-nearly-5-aaa-reports
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Can't wait until November
This is Capitalism functioning as it is designed to do .
I guess you are voting a straight Socialist ticket this time around , lol .
You obviously don't know anything about Capitalism .

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@jj-adams said
By the time Biden and the Dem party are done, everything will be doubled in price.
A lot of stuff already is close to double. It'll be triple price by the time Biden is gone.
But it's all going to be Trump's fault in some way according to them.
Do any of y'all read....you know, besides FOX?
Inflation, in all sectors, is a world wide problem, of which,
President Biden has little control.

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@jimm619 said
Do any of y'all read....you know, besides FOX?
Inflation, in all sectors, is a world wide problem, of which,
President Biden has little control.
Two things about that, Jimm,

#1 when people go to the polls in November, they won't care one iota who is to blame for inflation, only that they are an unhappy lot and the current admin has not fixed the problem. (Recall, 'I was defeated by the cost of hamburg'😉

#2 Biden printed off enough funny money to sink a battleship. What,, you thought it was free money, Jimm?

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@earl-of-trumps said
Two things about that, Jimm,

#1 when people go to the polls in November, they won't care one iota who is to blame for inflation, only that they are an unhappy lot and the current admin has not fixed the problem.

#2 Biden printed off enough funny money to sink a battleship. What,, you thought it was free money, Jimm?
Biden has no control over who,
and how much money is printed.
That is all up to The Federal Reserve Bank,
in co-ordination with The Treasury.
But you're correct in your assumption that
Americans care little about the REASONS for inflation.
Amazing how uninformed Americans are.
https://www.investopedia.com/ask/answers/082515/who-decides-when-print-money-us.asp
https://pocketsense.com/branch-government-controls-coining-money-18233.html

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@techsouth said
In 2018 and 2019 $1.5 billion was spent on the Keystone XL pipeline. Then, Jan 20, 2020 due to an election outside the control of investors, all that investment went up in smoke. With that kind of unpredictability in regards to investment, it's no surprise that oil companies would want to hedge their investments to safeguard their capital positions.

Tell me why any oi ...[text shortened]... ould risk investing in new production as long as there is a chance a Democrat will become president.
Here's $5.5 billion of 'em...
Just one company.
What do you know....Dem Administration
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0429_ExxonMobil-announces-first-quarter-2022-results
Yeah, really, what do you know? 😛


@jimm619 said
Here's $5.5 billion of 'em...
Just one company.
What do you know....Dem Administration
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0429_ExxonMobil-announces-first-quarter-2022-results
Yeah, really, what do you know? 😛
@Techsouth has a point, Jimm, government scares away investors. Government can crush your company at the wave of a bill. *poof*. NOt good for America.

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@zahlanzi said
"your nation would be a socialist nation"
good

"We are all sure that the Republicans do not want socialism, we want freedom and liberty"
except for some books, the ability to marry whomever one wants, the freedom to choose what happens with one's body, learning history, voting, the list could go on

" ability to succeed with no limits"
except the ability to have heal ...[text shortened]... en't won the popular vote overall in 20 years.

And it's not even close to being AOC's party yet.
For all the yammering from the GOP about the radical left, we should be engaging a better label for the GOP.
The GOP is the radical right !! Does the term "Cowboy Capitalism" still exist ?
I would place the DEMS in the middle of the political-economic spectrum.
There was a push from AOC, Bernie Sanders and others for a pull to the left, but Biden rejected that.


@caissad4 said
This is Capitalism functioning as it is designed to do .
I guess you are voting a straight Socialist ticket this time around , lol .
You obviously don't know anything about Capitalism .
I'm not a capitalist. I'm not a Republican either.

dosbedanya!


@earl-of-trumps said
@Techsouth has a point, Jimm, government scares away investors. Government can crush your company at the wave of a bill. *poof*. NOt good for America.
Without government investment cannot occur because it relies on the government to protect property and enforce the rule of law


@metal-brain said
No, they should enforce antitrust laws.
The oil refiners in the USA are price fixing.

https://www.usatoday.com/story/money/2022/06/07/record-gas-prices-not-oil-shortage-refinery-capacity/7529563001/?gnt-cfr=1
Antitrust laws are not being broken.

According to secretary of the treasury, Janet Yellen, "price gouging" is not what is driving inflation.
Janet Yellen served under Obama, and was brought back in by Biden. She's as *democratic* party as you get.

https://financialpost.com/pmn/business-pmn/janet-yellen-rejects-idea-corporate-greed-is-to-blame-for-inflation

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@athousandyoung said
Without government investment cannot occur because it relies on the government to protect property and enforce the rule of law
Yeah but unfortunately, the same power that protects property can be used to destroy it.

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@earl-of-trumps said
@Techsouth has a point, Jimm, government scares away investors. Government can crush your company at the wave of a bill. *poof*. NOt good for America.
NO ONE IS TRYING TO SCARE INVESTORS,
except, maybe TUCKER.
Y'all preach the fear,
as most everyone knows, fear is bad for economies.

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@earl-of-trumps said
Antitrust laws are not being broken.

According to secretary of the treasury, Janet Yellen, "price gouging" is not what is driving inflation.
Janet Yellen served under Obama, and was brought back in by Biden. She's as *democratic* party as you get.

https://financialpost.com/pmn/business-pmn/janet-yellen-rejects-idea-corporate-greed-is-to-blame-for-inflation
I am talking about fuel prices, not anything else.
You are digressing.


@jimm619
Fear is GREAT for dictators however. That is what Trump thrives on, laughs about.


@jimm619 said
NO ONE IS TRYING TO SCARE INVESTORS,
except, maybe TUCKER.
Y'all preach the fear,
as most everyone knows, fear is bad for economies.
NO ONE IS TRYING TO SCARE INVESTORS,

just wow, Jimm. I can imagine what they could do if they DID try, eh??
How much did the Keystone investors lose, $1.5 Billion??? Jeeeezus.

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