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Re: 2024 USA Election: Wishin' and Hopin'
The problem with you'r argument is that some of this has been tried already and it doesn't seem to have worked. Obama expanded health cover substantially, but it didn't stop Trump being elected in 2016. Biden implemented more of the progressive agenda than any Democrat since FDR, and it didn't win votes.
https://www.vox.com/2024-elections/3...sive-economics
Inflation is a problem caused by demand growing faster than supply. It can't be fixed by wage and price controls, just as wasn't fixed when Nixon tried it.
It's pretty clear that the majority of voters don't share your view on unauthorised immigrants. If you don't want to stop them because America is illegitimate or whatever then get used to losing elections.
Your free trade equal free migration argument is silly because obviously the two things can be separated. NAFTA never allowed free migration.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Ben
Wage and price controls. Nixon did it. Back in the early 70s.
Nobody is illegal. I mean, is the idea of America legitimate? Is slavery and the extermination of the indigenous population legitimate?
We've so-called free trade w/ Mexico (really corporate rights agreements) and the core of free trade is the free circulation of labor. That's the core. Meaning you can go anywhere you want. Now you decide: should free trade exist...
Bring up people's living standards -- across the whirling world. Stop giving all the money to a few people (neoliberalism... which has had a very negative impact on the populace; great for the very, very rich but harmful to everyone else). So go back to the 1950s. Eisenhower. High taxes on the ridiculous rich. High social spending.
And, well, universal public health care. Free college.
Tax the hell out of the very rich. Back in 1942 Roosevelt proposed a 100 percent income tax on incomes above $25,000. Roughly $500,000 today.
Bring about more equality. Equality has very beneficial effects.
All these things would mean we don't get deranged criminals like Trump.
So, the root of the problem (instead of blaming one another) is the system, the structure. If we don't address that, well, we're lost... and will move further and further into fascism.
The root of the problem is the Democrat party did not listen to the Black/Hispanic/Indian American Republicans. The Democrats also didn't listen to the Black/Hispanic/Indian American PEOPLE who said WHY they were voting for Trump.
Listening to the PEOPLE is key and NOT listening to yourselves. The warning signs were out for about a year and a half, Democrat party just didn't listen. One example is below
Why Indian-Americans are breaking from the Democrats
https://fortune.com/2024/11/07/why-i...EH2WrSrpHlI8Nw
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Re: 2024 USA Election: Wishin' and Hopin'
You mean INcoherent, full of nonsense whack job.
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Re: 2024 USA Election: Wishin' and Hopin'
Complete buffoon, and Valor thief. Can't even handle a simple shotgun. BTW, how did her vp choice work out?
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Re: 2024 USA Election: Wishin' and Hopin'
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
filghy2
I don't think he knows what it means either - probably just repeating something he saw on the internet.
"Simp is a slang insult for men who are seen as too attentive and submissive to women, especially out of a failed hope of winning some entitled sexual attention or activity from them."
https://www.dictionary.com/e/slang/simp/
Arnold said it best a while ago - girly man. And no, I'm not referring to the TG community.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Stavros
It is like Brexit, but with global implications. A country consumed by lies that chooses isolation over inclusion, that joins with others with its complete contempt for both domestic and international law, not creating a new world order, but dismantling the one which was created after 1945, and replacing it with nothing other than unrestrained ambition, and war.
Russia might be desperate if it needs troops from North Korea, but if the US stops aiding Ukraine, the consequences might not just be Russia's territorial ambitions resembling the old USSR, millions of refugees will seek sanctuary -where will they go?
Israel, Supreme, having destroyed Gaza and on the way to destroying Lebanon, almost daily bombing Syria, is now free to attack Iran, not for 'regime change' but to cause chaos and division, above all to neutralize it, draining it of its ability to support Lebanon and the 'Houthi' in Yemen, the latter two with Saudi Arabia's blessing. And again, having already created 3 million refugees with more to come, where will they go?
Tariffs, and the Beast's dismissal of NATO and the EU may lead to the demise of both, with dire consequences for Germany, which on top of an economic recession will be expected to take in refugees from the Middle East and Ukraine -is the US going to take them?
The contempt for the UN, and notably its agencies -WHO, UNRWA, UNICEF, the World Bank -suggests there is a danger that the world we lived in is coming to an end, to be replaced with an age of Barbarism with no moral leadership, in which human life is worth nothing, a world in which millions of refugees seek a home, with every door closed to them.
The lamps are going out all over the world, I may not see them lit again in my lifetime.
A bit anti semite there??
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Stavros
What we don't (yet) know -how many people who would have voted Democrat never voted, because the polling station was closed, because they were purged from the roll, or denied in some other way.
What happens now to the court cases?
Name ONE US citizen, who is Not a felon, who has Not moved to a different location since originally registering, who was "purged" from any voter roll.
NO polling stations closed early, and it is up to the Voter to know where his or her polling location is.
There were however voters in red districts (possibly in PA) who were threatened with having their ballots made provisional when a polling station had problems and remained open for two hours. All those who were in line during the extended time were told their ballots were to be made provisional.
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Re: 2024 USA Election: Wishin' and Hopin'
They are still lying to themselves and to the people. pmsnbc is even worse. They can keep it up for all I care, we will see 8 years of JD Vance as president as a result.
Remember what Abe said:
'You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
and: "Better to remain silent and be thought a fool than to speak out and remove all doubt."
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
MrFanti
The root of the problem is the Democrat party did not listen to the Black/Hispanic/Indian American Republicans. The Democrats also didn't listen to the Black/Hispanic/Indian American PEOPLE who said WHY they were voting for Trump.
Listening to the PEOPLE is key and NOT listening to yourselves. The warning signs were out for about a year and a half, Democrat party just didn't listen. One example is below
Since when have America's Billionaires listened to the people? Most of them got rich from Govt contracts or tax payer subsidies, which is why Ben is right to argue for a systemic appraisal of the current situation in the US. It is a system -the Capitalist system- that gets people to pay twice or even more times for goods and services that they produce, in whose profits they do not share. Imagine the absurdity of people paying one of the richest corporations in the world -Exxon- to put gasoline in their car, after paying a subsidy to what, keep the company going? Like it's going to go bust without a tax payer subsidy?
In aggregate terms, the US economy is in better shape today than it was when Trump left office.
If prices are high and the cost of living hard, whose fault is it? Who decides the price of eggs, meat and bread? Kamala Harris?
Who will benefit from the Trump administration? The people? If you think that you are seem to have forgotten what happened last time.
Trump made more money playing golf in 4 years than Tiger Woods made in 20, and you can be sure he will be playing Golf more times than he talks peace with Israel, the Arabs, Russians and Ukrainians.
Who is the rising star of the new Trump era? Billionaire Elon Musk -when he selects his top team how many will be Millionaires and Billionaires?
When did any of these Billionaires pledge to give away their fortunes to finance education or health or any public good?
The USA is on the way to becoming a country of Oligarchs, for the Oligarchs, Trump the new Yeltsin. As for the People -who cares about them as long as they hand over their money to the men who matter, who don't even need it?
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
MrFanti
The thing that concerns me the most is how on earth could Liberal media completely miss the stance of the American people? (Regardless of how ugly).
So people that only followed Liberal news media outlets were hugely disappointed today because they weren't told the ugly truth about where Americans stand.
Lesson learned: Paint the true picture, no matter how ugly it is.
Here you go, just like the far left and lying assed media whack jobs. You are calling the majority of the American people ugly - and worse, and they do not like it.
I don't know where you live, but the inflation here has been a real PITA, and it has hurt most Americans, the neediest to begin with the MOST. They are done with it and so am I.
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Re: 2024 USA Election: Wishin' and Hopin'
US rate of Inflation since 2016
2016 - 1.3%
2017 - 2.1%
2018 - 2.4%
2019 - 1.8%
2020 - 1.2%
2021 - 4.7%
2022 - 8%
2023 - 4.1%
2024 - 2.4%
Obama dealt with the crash of 2008 at colossal cost to the taxpayer, but Covid was your pain in the ass. That'll be the pandemic through which a Million Americans lost their lives.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Stavros
Since when have America's Billionaires listened to the people? Most of them got rich from Govt contracts or tax payer subsidies, which is why Ben is right to argue for a systemic appraisal of the current situation in the US. It is a system -the Capitalist system- that gets people to pay twice or even more times for goods and services that they produce, in whose profits they do not share. Imagine the absurdity of people paying one of the richest corporations in the world -Exxon- to put gasoline in their car, after paying a subsidy to what, keep the company going? Like it's going to go bust without a tax payer subsidy?
In aggregate terms, the US economy is in better shape today than it was when Trump left office.
If prices are high and the cost of living hard, whose fault is it? Who decides the price of eggs, meat and bread? Kamala Harris?
Who will benefit from the Trump administration? The people? If you think that you are seem to have forgotten what happened last time.
Trump made more money playing golf in 4 years than Tiger Woods made in 20, and you can be sure he will be playing Golf more times than he talks peace with Israel, the Arabs, Russians and Ukrainians.
Who is the rising star of the new Trump era? Billionaire Elon Musk -when he selects his top team how many will be Millionaires and Billionaires?
When did any of these Billionaires pledge to give away their fortunes to finance education or health or any public good?
The USA is on the way to becoming a country of Oligarchs, for the Oligarchs, Trump the new Yeltsin. As for the People -who cares about them as long as they hand over their money to the men who matter, who don't even need it?
In capitalist US we pay LESS for fuel,than anywhere else except to the the middle east oil nations.
The US economy is severely bifurcated to the extent that the poorest segments are FAR worse off than they were 4 years ago.
It is / was the biden-harris war on us domestic fuel production that they starred on Day 1 in 2021 hat has caused the underlying cost of EVERYTHING to increase belong even the 40 year high inflation rates, so YES she / he DID "decide" to price of eggs, meat, bread, etc.
There are MANY more left wing billionaires that conservative ones, and I don't see any of them pledging their fortunes. In other words people in glass houses shouldn't throw stones.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Stavros
US rate of Inflation since 2016
2016 - 1.3%
2017 - 2.1%
2018 - 2.4%
2019 - 1.8%
2020 - 1.2%
2021 - 4.7%
2022 - 8%
2023 - 4.1%
2024 - 2.4%
Obama dealt with the crash of 2008 at colossal cost to the taxpayer, but Covid was your pain in the ass. That'll be the pandemic through which a Million Americans lost their lives.
And more perished in 2021 under biden than in 2020 even though there were TWO vaccines available before the end of 2020.
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Re: 2024 USA Election: Wishin' and Hopin'
On the bright side, gasoline dropped 21 cents per gallon in the 3 days after the election here.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
In capitalist US we pay LESS for fuel,than anywhere else except to the the middle east oil nations.
The US economy is severely bifurcated to the extent that the poorest segments are FAR worse off than they were 4 years ago.
It is / was the biden-harris war on us domestic fuel production that they starred on Day 1 in 2021 hat has caused the underlying cost of EVERYTHING to increase belong even the 40 year high inflation rates, so YES she / he DID "decide" to price of eggs, meat, bread, etc.
There are MANY more left wing billionaires that conservative ones, and I don't see any of them pledging their fortunes. In other words people in glass houses shouldn't throw stones.
"It is / was the biden-harris war on us domestic fuel production that they starred on Day 1 in 2021 hat has caused the underlying cost of EVERYTHING to increase belong even the 40 year high inflation rates, so YES she / he DID "decide" to price of eggs, meat, bread, etc.".
-the facts say otherwise-
"“The Biden administration’s policies have been devastating for our federal lands,” House Natural Resources Chair Bruce Westerman (R-Ark.) said in a statement. Whether it’s a new Bureau of Land Management rule “that fundamentally threatens the western way of life, or the decision to lock up enormous deposits of increasingly scarce minerals, it’s clear Biden and his bureaucrats have no interest in properly stewarding our federal lands.”
But that narrative conflicts with drilling data. Oil production has soared on public lands under Biden, growing by roughly 530,000 barrels a day since 2020. The country is currently producing more oil every year than any country in history, according to the U.S. Energy Information Administration."
What Biden’s oil record means for the industry’s future - E&E News by POLITICO
Try this, with my emphasis in Bold
"The United States is producing more oil and natural gas today than ever before, and far more than any other country. So, what roles did the Trump-Pence and Biden-Harris administrations play in this surge?
The answer might surprise you, given the way each has talked publicly about fossil fuels: former President Donald Trump embracing them, and President Joe Biden and Vice President Kamala Harris focusing on reducing fossil fuel use to fight climate change.
Under each of the three most recent presidencies, Republican and Democratic alike, U.S. oil and gas production was higher at the end of the administration’s term than at the beginning.
That production has both pros and cons. Together, oil and gas account for nearly three-quarters of U.S. energy consumption. Producing oil and gas in the U.S. provides energy security, and high production generally keeps prices down. Burning oil and gas, however, releases carbon dioxide into the air, contributing to climate change. And natural gas is mostly methane – another potent greenhouse gas.".
Under both Trump and Biden-Harris, US oil and gas production surged to record highs, despite very different energy goals
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
And more perished in 2021 under biden than in 2020 even though there were TWO vaccines available before the end of 2020.
But here is a more accurate view of the period in question-
"Spencer Fox, associate director of the University of Texas COVID-19 Modeling Consortium, said the first thing to consider when it comes to looking at 2020 and 2021 pandemic statistics is that 2020 is a ten-month period while 2021 is a full pandemic year. Much of the COVID-19 deaths happened March 2020 and onward; only 26 deaths involving COVID-19 were recorded for January and February 2020.
Additionally, the U.S. experienced a surge in cases starting winter 2020 near the end of that year, Fox said. Many people died from those 2020 infections in early 2021, and that was well before vaccines were widely available. So while many of the infections in that wave happened in 2020, they were part of the 2021 mortality statistics.
There was also a delta variant surge in summer 2021, after vaccines had become widely available to the public.
"What we've seen basically since that surge is really just continued spread," Fox said, noting that the delta and omicron variants surprised a lot of people.
,,,
"But I think even though vaccines were widely available, I think a lot of the mortality that happened over the summer – during that major Delta surge – was happening on unvaccinated individuals," Fox said.
Fox noted that even though many people were vaccinated, vaccination rates were low. "There was plenty kind of fuel for the COVID virus to spread on," Fox said.".
Fact-check: Did more people die from COVID-19 in 2021 than in 2020?
Did more people die because they were not vaccinated in spite of vaccines being available?
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Re: 2024 USA Election: Wishin' and Hopin'
This Forbes article explains why grocery prices are so high in the US, thus
"Grocery prices are 30% higher than four years ago. In the wake of World War II, the grocery industry was born to ensure a cheap, convenient and abundant food supply. Decades later, the same industry leveraged pandemic-related supply chain crises to raise prices and reap enormous profits, all while selling less food. Sustained higher prices are not only a burden on consumer budgets, but are also an ongoing policy failure by the Biden Administration."
Why Your Groceries Are Still So Expensive
And argues that whereas the Govt in France forced prices down, the Biden Administration was not aggressive in the same way. Can you imagine that Trump is going to go after his Billionaire chums who have the grocery market tucked into their thighs to open their legs and give the people a better shot? If Biden had done it, Trump would be screaming COMMUNIST! If he does get his mates to lower their prices, will that be GOVT DIKTAT or even...er...COMMUNISM!? Either way Trump does not believe in markets anyway, so maybe he will do something. Watch that space.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
On the bright side, gasoline dropped 21 cents per gallon in the 3 days after the election here.
Let me guess: everything good that happens from here will be due to Trump, but everything bad will be somebody else's fault or didn't happen?
I see you are catching up on your trolling after a long break. Don't forget your advice above.
Quote:
Originally Posted by
Paladin
"Better to remain silent and be thought a fool than to speak out and remove all doubt."
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
The US economy is severely bifurcated to the extent that the poorest segments are FAR worse off than they were 4 years ago.
What exactly is Trump going to do to fix that? As I recall, the main legislative achievement last time was a massive tax cut for rich people. They also went within one vote of abolishing Obamacare, which would have left millions without health cover. It looks like they are planning more of the same this time.
While you are at it, can you explain how Trump is going to reduce inflation by increasing import tariffs, increasing the deficit though tax cuts, deporting a big chunk of the labour force and reducing the independence of the Federal Reserve?
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
It is / was the biden-harris war on us domestic fuel production that they starred on Day 1 in 2021 hat has caused the underlying cost of EVERYTHING to increase belong even the 40 year high inflation rates, so YES she / he DID "decide" to price of eggs, meat, bread, etc.
So this was what caused inflation to rise all around the world at the same time? Not supply disruptions due to the pandemic? Not the Ukraine war?
Unfortunately for your argument, US oil and gas production is higher than it's ever been. The only big fall in production actually occured in 2020.
https://www.eia.gov/dnav/pet/hist/Le...s=MCRFPUS2&f=M
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
filghy2
So this was what caused inflation to rise all around the world at the same time? Not supply disruptions due to the pandemic? Not the Ukraine war?
Unfortunately for your argument, US oil and gas production is higher than it's ever been. The only big fall in production actually occured in 2020.
https://www.eia.gov/dnav/pet/hist/Le...s=MCRFPUS2&f=M
1st: Yes it is the senile dumass took off two million barrels a day, which caused higher prices on everything and enriched iran which resuted in them re-arming hezbollah and hamas. we know where that went.
2nd: Wrong answer. We were were EXPORTING 1-2 million barrels a day and now we are still importing oil. And for a good while we were importing it from the ruskies. And we know where that went as well.
You don't seem to be able to understand how energy costs DIRECTLY impact the cost of Everything that needs any transportation to its final destination. It also directly impacts to cost of production of goods.
The above and the weakness displayed by biden-harris precipitated the russian and iranian attacks on Ukraine and Israel, respectively. Neither would have dared make these attacks if Pres Trump was still in office.
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Re: 2024 USA Election: Wishin' and Hopin'
I'm not going to teach global macroeconomics and distribution to those who do not want to understand it.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Stavros
"It is / was the biden-harris war on us domestic fuel production that they starred on Day 1 in 2021 hat has caused the underlying cost of EVERYTHING to increase belong even the 40 year high inflation rates, so YES she / he DID "decide" to price of eggs, meat, bread, etc.".
-the facts say otherwise-
"“The Biden administration’s policies have been devastating for our federal lands,” House Natural Resources Chair Bruce Westerman (R-Ark.) said in a statement. Whether it’s a new Bureau of Land Management rule “that fundamentally threatens the western way of life, or the decision to lock up enormous deposits of increasingly scarce minerals, it’s clear Biden and his bureaucrats have no interest in properly stewarding our federal lands.”
But that narrative conflicts with drilling data. Oil production has soared on public lands under Biden, growing by roughly 530,000 barrels a day since 2020. The country is currently producing more oil every year
than any country in history, according to the U.S. Energy Information Administration."
What Biden’s oil record means for the industry’s future - E&E News by POLITICO
Try this, with my emphasis in Bold
"The United States is
producing more oil and
natural gas today than ever before, and far more than any other country. So, what roles did the Trump-Pence and Biden-Harris administrations play in this surge?
The answer might surprise you, given the way each has talked publicly about fossil fuels: former President Donald Trump
embracing them, and President Joe Biden and Vice President Kamala Harris focusing on reducing fossil fuel use to fight climate change.
Under each of the three most recent presidencies, Republican and Democratic alike, U.S. oil and gas production was higher at the end of the administration’s term than at the beginning.
That production has both pros and cons. Together, oil and gas account for nearly
three-quarters of U.S. energy consumption. Producing oil and gas in the U.S. provides energy security,
and high production generally keeps prices down.
Burning oil and gas, however, releases carbon dioxide into the air, contributing to climate change. And natural gas is mostly methane – another potent greenhouse gas.".
Under both Trump and Biden-Harris, US oil and gas production surged to record highs, despite very different energy goals
Under Pres Trump we were EXPORTING oil which kept a lid on global prices. When the senile dolt took office he killed that and we are still importing oil, including from the ruskies through 2022, which inflated prices globally.
the increase in US production is simply not enough. They NEED it for military / aviation / shipping but they want to kill it off for the postulation.
Think things through!!!!!
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
1st: Yes it is the senile dumass took off two million barrels a day, which caused higher prices on everything and enriched iran which resuted in them re-arming hezbollah and hamas. we know where that went.
2nd: Wrong answer. We were were EXPORTING 1-2 million barrels a day and now we are still importing oil. And for a good while we were importing it from the ruskies. And we know where that went as well.
You don't seem to be able to understand how energy costs DIRECTLY impact the cost of Everything that needs any transportation to its final destination. It also directly impacts to cost of production of goods.
Strangely, I can't find any analysis by actual inflation experts that supports your claim. This one, for example, says:
During the recovery from the pandemic, most industrialized economies have experienced substantial increases in inflation. We find that food and energy accounted for a smaller share of inflation acceleration in the U.S. than in the rest of the OECD data set. Strong U.S. demand for durable goods has driven its inflation acceleration, while also pushing up durable goods prices worldwide.
https://www.chicagofed.org/publicati...etter/2022/470
As you claim to be an expert in global macroeconomics, perhaps you could provide us with relevant links?
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
The above and the weakness displayed by biden-harris precipitated the russian and iranian attacks on Ukraine and Israel, respectively. Neither would have dared make these attacks if Pres Trump was still in office.
I'm sure Putin is shaking in his boots and making plans to withdraw right now. What are you going to say when Trump makes his Munich agreement to abandon Ukraine?
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
Under Pres Trump we were EXPORTING oil which kept a lid on global prices. When the senile dolt took office he killed that and we are still importing oil, including from the ruskies through 2022, which inflated prices globally.
the increase in US production is simply not enough. They NEED it for military / aviation / shipping but they want to kill it off for the postulation.
Think things through!!!!!
You could also do more research before making provocative claims which seem mostly to condemn President Biden as a 'senile dolt'. Imports from Russia which are barely 3% of the total are in fact refined products that began as crude in Russia before being refined in other countries, mostly India.
"The story begins in Siberia, which holds the majority of Russia's oil reserves. Russia produces 9.6 million barrels of crude oil per day, its single most important source of revenue.And it sells that oil to countries outside the U.S. and European Union, including China, the United Arab Emirates, Turkey, and India, home to the world's largest oil refinery, the sprawling Jamnagar refining complex.
Before the war in Ukraine, Jamnagar imported almost no Russian crude. Today, Global Witness found about one-third of its monthly crude imports are Russian. At Jamnagar, the Russian crude is blended with other foreign crude and refined into gasoline, diesel, and other products that can be legally bought by American companies.".
How Russian oil is reaching the U.S. market through a loophole in the embargo | PBS News
Congress can deal with this, if it chooses to, but will Trump want to annoy his best buddy Modi?
As for the broader profile, I don't see a lot that has been 'killed', and in my previous post I offered a link that explains why grocery prices are so high, and it has little to do with petroleum imports and exports, and everything to do with a few companies who control the core products people need screwing the Consumer for everything they can get. But either way you could consult the experts, no?
"In 2023, the United States imported about 8.51 million barrels per day (b/d) of petroleum from 86 countries. Petroleum includes crude oil, hydrocarbon gas liquids (HGLs), refined petroleum products such as gasoline and diesel fuel, and biofuels. Crude oil imports of about 6.48 million b/d accounted for about 76% of U.S. total gross petroleum imports.
In 2023, the United States exported about 10.15 million b/d of petroleum to 173 countries and 3 U.S. territories (American Samoa, Puerto Rico, and U.S. Virgin Islands). Crude oil exports of about 4.06 million b/d accounted for 40% of total U.S. gross petroleum exports. The resulting total net petroleum imports (imports minus exports) were about -1.64 million b/d, which means that the United States was a net petroleum exporter of 1.64 million b/d in 2023.
The top five source countries of U.S. gross petroleum imports in 2023 were Canada, Mexico, Saudi Arabia, Iraq, and Brazil.".
Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
filghy2
What exactly is Trump going to do to fix that? As I recall, the main legislative achievement last time was a massive tax cut for rich people. They also went within one vote of abolishing Obamacare, which would have left millions without health cover. It looks like they are planning more of the same this time.
While you are at it, can you explain how Trump is going to reduce inflation by increasing import tariffs, increasing the deficit though tax cuts, deporting a big chunk of the labour force and reducing the independence of the Federal Reserve?
Quote:
Originally Posted by
Paladin
I'm not going to teach global macroeconomics and distribution to those who do not want to understand it.
Is that your patheric excuse for not answering these questions?
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
Thanks, my sight's slowly going, couldn't read it.
Maybe this explains a few things
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Re: 2024 USA Election: Wishin' and Hopin'
I'm not a mind reader, but he is certainly NOT a happy camper right now, and neither is Xing (did I spell that right) or hamas, hesbollah, etc.
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Re: 2024 USA Election: Wishin' and Hopin'
Nice attempt at an irrelevant cross post.
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Re: 2024 USA Election: Wishin' and Hopin'
Bottom line, we exported oil under Trump but imported it under biden. russia exported oil to the US under biden, not under Trump.
durable goods (like plywood, I remember that because of the need for it when various hurricanes blow across me here) skyrocketed during the pandemic, but came right back down after. THEN they rose to double pre-pandemic costs under biden.
Oil futures actually went Negative during the pandemic, but later stabilized so that gasoline was approx 1.85 / gal here in Jan 2021, about the same as it was in Dec 2019. Then it shot up to nearly $5 / gal here (and nearly $7 / gal in CA) under the dolt. It's still more than 60% higher than Jan 2020.
A small tin of Vienna sausages was 50 cents in 2020, now they are more than $1 for the same can. Butter, much to the surprise of dumass morning joe, didn't jump to $3 / lb but $7, which his his wife had to point out to him right there on the air. Apparently he is leaving all the household chores to his wife.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
Bottom line, we exported oil under Trump but imported it under biden. russia exported oil to the US under biden, not under Trump.
durable goods (like plywood, I remember that because of the need for it when various hurricanes blow across me here) skyrocketed during the pandemic, but came right back down after. THEN they rose to double pre-pandemic costs under biden.
Oil futures actually went Negative during the pandemic, but later stabilized so that gasoline was approx 1.85 / gal here in Jan 2021, about the same as it was in Dec 2019. Then it shot up to nearly $5 / gal here (and nearly $7 / gal in CA) under the dolt. It's still more than 60% higher than Jan 2020.
A small tin of Vienna sausages was 50 cents in 2020, now they are more than $1 for the same can. Butter, much to the surprise of dumass morning joe, didn't jump to $3 / lb but $7, which his his wife had to point out to him right there on the air. Apparently he is leaving all the household chores to his wife.
I refer you back to my post #618 which explains the high price of groceries.
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Re: 2024 USA Election: Wishin' and Hopin'
Trump’s 2024 victory revealed voter shifts that could reshape America’s political landscape
http://www.cnn.com/2024/11/10/politi...ide/index.html
This is the part of the article that I find the most interesting. In essence, voters were saying, we don't like your candidate or your party. But some of your policies are okay.
The deep challenge the national Democratic Party faces with rural voters was on vivid display in two states the party hasn’t won on the presidential level in a generation: Missouri and Kentucky.
In Missouri, policies broadly backed by Democrats won popular support. Voters this year approved statewide ballot measures guaranteeing abortion rights, raising the minimum wage and mandating paid sick leave.
Harris, though? Blown out by 15 points.
In Kentucky — the same state that reelected a Democratic governor, Andy Beshear, last year in a campaign that focused largely on cultural battles like abortion rights and transgender rights — voters resoundingly rejected a proposed school voucher program.
They also rejected Harris, handing Trump a 30-point victory.
Not mentioned in the article, Alaska also voted to raise the minimum wage.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
Paladin
Bottom line, we exported oil under Trump but imported it under biden. russia exported oil to the US under biden, not under Trump.
What a load of bullshit. The US only became a net exporter late in Trump's term. Before that it was a net importer for many decades. Since 2020 it has remained a net exporter, apart from a couple of brief periods.
https://www.eia.gov/dnav/pet/hist/Le...s=MTTNTUS2&f=M
I also looked at oil market reports from the International Energy Agency at the time and there seems to be no mention of your claim that world prices rose because Biden removed 2m barrels or whatever.
It's pretty simple. Provide a credible source that supports your claim. Put up or shut up.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
blackchubby38
Trump’s 2024 victory revealed voter shifts that could reshape America’s political landscape
I wonder if people are overstating this. The margins in the three closest states were:
Pennsylvania 2.1%
Michigan 1.4%
Wisconsin 0.9%
These three states have 44 EC votes, so if just over 1% of voters switched the result would go the other way.
A plausible explanation of the result is that voters weren't happy with how things have gone over the past 4 years, and they took it out on the incumbent. This has been happening all over the world in recent years.
Once Trump is the incumbent the boot will be on the other foot. Voters are likely to become disillusioned once they realise he isn't going to make their problems go away, and in some cases will make them worse. Also, if Republicans control both houses of Congress they will be emboldened to do things that won't be popular.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
blackchubby38
This is the part of the article that I find the most interesting. In essence, voters were saying, we don't like your candidate or your party. But some of your policies are okay.
What do you think they should do in terms of policy? So far, the only consensus seems to be that everyone thinks the party should do more of what they always wanted. Progressives think they should move further to the left. Moderates think they should move back to the centre.
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
blackchubby38
Trump’s 2024 victory revealed voter shifts that could reshape America’s political landscape
http://www.cnn.com/2024/11/10/politi...ide/index.html
This is the part of the article that I find the most interesting. In essence, voters were saying, we don't like your candidate or your party. But some of your policies are okay.
The deep challenge the national Democratic Party faces with rural voters was on vivid display in two states the party hasn’t won on the presidential level in a generation: Missouri and Kentucky.
In Missouri, policies broadly backed by Democrats won popular support. Voters this year approved statewide ballot measures guaranteeing abortion rights, raising the minimum wage and mandating paid sick leave.
Harris, though? Blown out by 15 points.
In Kentucky — the same state that reelected a Democratic governor, Andy Beshear, last year in a campaign that focused largely on cultural battles like abortion rights and transgender rights — voters resoundingly rejected a proposed school voucher program.
They also rejected Harris, handing Trump a 30-point victory.
Not mentioned in the article, Alaska also voted to raise the minimum wage.
There is a lot to unpack here. Why are rural voters so 'Conservative'? Is it because they are mostly either farmers or linked to agriculture, and feel they are more self-motivated and independent of the kind of politics associated with the Democrats? If this puzzles me, it is because agriculture is subsidized by the Federal Govt, so that in reality they do not 'stand on their own two feet'. If I recall correctly, the Soy Bean farmers who lost their contracts with China when Trump imposed tariffs had to be bailed out with $12 billion, proving that for Trump markets don't matter and that trade is to be directed by Govt -the complete reversal of Reaganomics.
This points to the absence of a serious debate about economics in the election. Grocery prices as part of the cost of living issue were thus linked to Democrat incompetence or indifference, but no debate on why grocery prices are high, and no debate on how markets in the US work, let alone the wider debate on global markets and supply chains and how these have been affected by 2008 and Covid. I think the Democrats missed an opportunity here to change the terms of the debate, though to me Trump's statements on this merely amounted to a 'Trump will fix it' mantra, which is even more bizarre given that previous issue with Soy Bean farmers.
Another issue that was barely mentioned used to be, and I believe still is, a chronic complaint of 'Conservatives' -welfare. I don't know what the America First Policy Institute has to say on it, as I can't find any specific policy statement on it on their website-
Home
If Democrat policies are popular, then why did Harris fail? Because she is a woman? Was their messaging so poor? When it comes to tone, Harris was more inclusive, where Trump and his supporters were strident, spiteful, crude and even violent -compare that to GHW Bush when he called for 'a kinder, gentler Nation', the kind of politics that is now so remote from what Trump represents as to offer this question -
If the Republican Party today is no longer the party of Lincoln, Eisenhower, Reagan and Bush (I and II), should the Democrats also change? But in the latter case, what would a different Democrat party look like?
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Re: 2024 USA Election: Wishin' and Hopin'
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Re: 2024 USA Election: Wishin' and Hopin'
Quote:
Originally Posted by
blackchubby38
Yeah it sure did. And it came back to bite them in the ass.