President Biden thread

1 hour ago, Beerman said:

It's actually the rest of what they already said would be released.  

"So far this year, the White House has released about 165 million barrels of crude from the SPR, out of a total that it said would be around 180 million. The announcement of an additional 10 million to 15 million barrels on Wednesday would represent the culmination of the current release."

Yes, I knew that.  Didn't phrase it well.  Should have said that.   

1 hour ago, Beerman said:

Some said and still say inflation is to be blamed on Trump.  

I've never really heard this before.  The inflation rate when Trump left was under 2%, I read one figure of 1.4%.  Inflation started with Biden and he's getting widespread blame.

But I did find something interesting when I tried to find some back up for your statement that people blame Trump.

https://tyt.com/stories/4vZLCHuQrYE4uKagy0oyMA/53PsQvIKiZFzQPRRk91p2q

The above article hurts my head.  But there isn't a widespread belief that Trump caused inflation.   Trump has said that Democrats are causing inflation because they hate him and because we hate him we are willing to destroy the country.

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The truth about who or what is actually at fault for inflation numbers not seen since the 1980s is more complex than any political talking points or anti-Fed screeds.

https://www.politico.com/news/2022/05/27/inflation-blame-game-sorting-out-the-culprits-00035712

In other inflation-related news Britain joins the US with 40 year record high inflation.

https://www.cnbc.com/2022/10/19/uk-inflation-rate-rises-to-10point1percent-as-food-and-energy-prices-continue-surge.html

Germany is struggling near 50 year record high inflation in the double digits.

https://www.sharecast.com/news/international-economic/german-inflation-hits-record-high--10987078.html

The same with Spain reaching record levels.

1 hour ago, nursej22 said:

I am saying that critics of Biden are demanding he fix inflation as if it is some simple switch to flip, when in reality, it is a worldwide phenomenon , with many factors. And the corporations, so beloved by Republicans, are profiting from the pain suffered by the public, with little if any, criticism. 

 

Republicans very carefully avoid making any statements about a conservative policy which might combat inflation... they are good and consistent in criticizing democratic policy though. Their voters aren't discerning enough to pick up on this reality when they watch the debates or listen to the interviews with the candidates and sitting Republicans. Or maybe they do discern that Republicans have no actual party platform or policy specifics to support their rhetoric and those voters just don't care. 

This is consistent with the behavior of fascists and authoritarians in other countries and throughout time when they are destabilizing a country. This country is in trouble. Thank a republican today. 

1 hour ago, Beerman said:

At least we agree that Biden's actions aren't working.  Where I disagree with you is that it's simply a worldwide problem, and that there is nothing that can be done.

Biden's actions aren't working because inflation is raging on.  

I did reread J22's posts and never really read that she said "nothing that can be done".  The idea of it being a worldwide phenomenon makes the idea that it's all Biden's fault ring a bit untrue. 

There can be an argument that Biden isn't helping and the IRA won't accomplish decreasing infatlion.

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The Fed is primarily responsible for lowering inflation, but there is no good reason President Biden and Congress cannot help. The IRA will not deliver the inflation relief we need, but other policies that eliminate red tape, encourage saving, and promote international trade would help bring prices down.

https://www.forbes.com/sites/adammillsap/2022/08/10/inflation-still-high-and-bidens-policies-are-not-helping/?sh=3c27b48a7106

I'm not saying that I agree with everything in the article, such as helping the oil industry that has been having record profits, but some reading and food for thought.

1 hour ago, Beerman said:

Many were led to believe that Biden was the guy to lead us through the post pandemic phase.  Some said and still say inflation is to be blamed on Trump.  

If nothing can be done, why you were sold the American Rescue Plan and the Inflation Reduction Act?

So called  "Corporate Greed" isn't new.  It is a known factor.

At least we agree that Biden's actions aren't working.  Where I disagree with you is that it's simply a worldwide problem, and that there is nothing that can be done.

Much like "greedy" corporations do, if the one at the top can't get it done, get someone new.

And, yes, generally speaking and with some exceptions, I do love corporations, even though I'm not a Republican.

How does US inflation compare with other inflation in other 1st world nations? If the USA is fairing better than other countries in terms of post pandemic inflation is that evidence in conservative circles of Biden's failure? 

Can you specifically outline those actions, policy changes or presidential responses that should be taken to recover from Trump's malfeasance and incompetence in management of the pandemic which contributed to our economic hardships? How would Republicans remedy the inflation? Tax breaks for the wealthy? Cuts to SS, Medicare or Medicaid? 

https://www.forbes.com/advisor/personal-finance/inflation-by-country/

1 hour ago, toomuchbaloney said:

Republicans very carefully avoid making any statements about a conservative policy which might combat inflation... they are good and consistent in criticizing democratic policy though. Their voters aren't discerning enough to pick up on this reality when they watch the debates or listen to the interviews with the candidates and sitting Republicans. Or maybe they do discern that Republicans have no actual party platform or policy specifics to support their rhetoric and those voters just don't care. 

This is consistent with the behavior of fascists and authoritarians in other countries and throughout time when they are destabilizing a country. This country is in trouble. Thank a republican today. 

Sometimes fools need to suffer from their choices.  I remember someone saying elections have consequences and never underestimate Biden’s ability to F things up.

So other than more drilling, repealing steel tariffs and mining regulations, all of which will take months if not years to affect prices, how  do conservatives and Republicans fix inflation? 

56 minutes ago, nursej22 said:

So other than more drilling, repealing steel tariffs and mining regulations, all of which will take months if not years to affect prices, how  do conservatives and Republicans fix inflation? 

They oppose legislation that penalizes corporate price-gouging, making sure that their donors don’t feel the pinch.

3 hours ago, toomuchbaloney said:

How does US inflation compare with other inflation in other 1st world nations? If the USA is fairing better than other countries in terms of post pandemic inflation is that evidence in conservative circles of Biden's failure? 

Can you specifically outline those actions, policy changes or presidential responses that should be taken to recover from Trump's malfeasance and incompetence in management of the pandemic which contributed to our economic hardships? How would Republicans remedy the inflation? Tax breaks for the wealthy? Cuts to SS, Medicare or Medicaid? 

https://www.forbes.com/advisor/personal-finance/inflation-by-country/

When Biden came into office he was left with a rebounding economy, low inflation, and a working vaccine.  With the incompetence of this administration we have more dead from Covid than Trump before there was a vaccine, record inflation, economy headed for massive recession, Russians threatening nuclear war, sky high gas prices and a feeble President whose statements are constantly clarified and walked back by people in his administration.

18 minutes ago, heron said:

They oppose legislation that penalizes corporate price-gouging, making sure that their donors don’t feel the pinch.

Get rid of Democrats.

1 hour ago, nursej22 said:

So other than more drilling, repealing steel tariffs and mining regulations, all of which will take months if not years to affect prices, how  do conservatives and Republicans fix inflation? 

"Well, we have a positive agenda. We have a commitment to America, and we’re going to get back to basics.” - Andy Barr

"Barr didn’t come right out and say his party doesn’t have a plan — that wouldn’t have been a politic answer — but he also left little doubt that his party doesn’t have a plan."

As we've mentioned before, they don't need a plan or an agenda because the way things are going the mood in the country is sour towards Democrats.  The plan is indeed to get rid of Democrats and take control and they likely will.  The will still for the next two years have the advantage of blaming Biden.  But what they intend on doing about inflation is a mystery.

https://www.msnbc.com/rachel-maddow-show/maddowblog/republican-plan-inflation-still-nowhere-found-rcna44795

17 hours ago, MaybeeRN said:

You obviously don’t know the story behind the Dan Quayle episode.  Enlighten yourself.

I'm pretty familiar with the story. Dan corrected a child who spelled it correctly, expecting that it should have an "e" on the end, which is an older spelling and not the currently sanctioned one. Some people in the press made a big deal out of it since they liked to belittle Quayle's intelligence. But just like this incident with Biden, it really wasn't a big deal. 

Which part of that would you like to disagree with and "enlighten" me?