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Post by helen on Nov 30, 2022 15:04:39 GMT -5
Inflation is a worldwide phenomenon, brought on by pandemic-related shipping problems/delays, supply shortages caused by natural disasters like droughts/floods/wildfires, Russia's illegal attack on Ukraine, volatile fuel prices, etc. The causes are complex and interconnected. Neither Biden nor his administration are to blame. Exactly! Only brain-washed MAGA cult members would believe otherwise. A big factor is the philosophy of high much to charge. Fair profit gave way to 'as much as I can get away with because who knows what tomorrow will bring.' And people will pay higher prices for the same reason.
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Post by oldmontana on Nov 30, 2022 18:23:44 GMT -5
You know it will not work, how? Yes, Biden is working with Venezuela instead of working with oil companies in the US.
Biden does not need to work with oil companies in the US, because they are putting out oil. The only way to lower prices is to add another source. Unless you wish to nationalize US oil. Like Venezuela The FY2022 Budget Reconciliation bill has not brought down inflation. You stated.."Yes, Biden is working with Venezuela instead of working with oil companies in the US." And that is great if you do not belive in our country being energy independent like it was under Trump and is not under the Biden Administration. Its great if you own stock in Cheveron. Not great if you like more high paying jobs in the oil industry.
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Post by The Inspector on Nov 30, 2022 23:25:55 GMT -5
Biden is doing nothing to stop the US oil from making money or drilling for more oil, it is the US oil, that is not drilling, much of the world wishes to cut back on oil use, so investing in more drilling and refining equipment, is uncertain. The FY2022 Budget Reconciliation bill has not brought down inflation. Was not a quick fix for inflation, which is coming down, slowly.
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