Biden Tracker (1 Viewer)

[Farb]

For all the things related to the Biden/Harris Administration and their latest hits and misses

https://www.dailywire.com/news/whit...gedly-sexually-harassing-threatening-reporter

Interesting story, looks like 'only the best people' didn't stop with the new administration.

 

[brandon]

It was indeed. That is one of the reasons I am not a trump supporter.

But you'll vote for him when he wins the primary.

 

[SteveSBrickNJ]

I read this. It is a balanced article. It presents both sides fairly well.

Biden Cancels Alaskan Oil & Gas Lease – What Does This Mean for Prices at the Pump?

The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...

www.yahoo.com

 

[UriUT]

I read this. It is a balanced article. It presents both sides fairly well.

Biden Cancels Alaskan Oil & Gas Lease – What Does This Mean for Prices at the Pump?

The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...

www.yahoo.com

Probably a better explanation why oil companies arent drilling. MT and Chuck posted a few articles on this matter. Prices are what it is despite record US production. It is due to the pandemic dynamics, OPEC, Trump's "masterful" negotiation with the Saudis and Russia to end the price war in 2020, and as this article suggests the oil companies risk adverse attitudes. They were burned before and invested into more drilling during peak prices, but suffered lost on those investment when prices were volatile. This go around they are much more cautious. Not sure how cancelling this one lease out of many thousands matter when oil companies arent willing to invest into new drilling.

Short of allowing Iranian and Venezuela oil or opec's change of heart, prices wont be going down soon. And there are much to say about the Saudis..but thats another discussion.

 

[MT15]

I read this. It is a balanced article. It presents both sides fairly well.

Biden Cancels Alaskan Oil & Gas Lease – What Does This Mean for Prices at the Pump?

The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...

www.yahoo.com

So, there were no (zero) applications to look for oil in that area for the past five years that it was freely available to lease, but the industry spokesperson said cancelling the availability indicates a lack of commitment from the administration? Do you see a slight problem there? Oil companies want to point fingers at everyone else here.

I think (going from memory) that the US is actually producing more oil now than the past few years, but they still cannot keep up with demand due to pandemic, war, etc.

Also, I’m pretty sure the US exports more oil than it imports. The article does a throwaway comment about the US dependence on foreign oil without clarifying that point.

 

[SamAndreas]

I read this. It is a balanced article. It presents both sides fairly well.

Biden Cancels Alaskan Oil & Gas Lease – What Does This Mean for Prices at the Pump?

The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...

www.yahoo.com

It presents both sides but presenting both sides is not in and of itself what that this issue needs.

Here is the pivotal sentence from that article which rendered "both sides" along with the standard yada yada to be a waste of time to read:

"In a statement to CBS News, the Department of the Interior said that there was a “lack of industry interest in leasing in the area.”

I know why that statement is relevant and true. At the main board I started a tread some time ago which covers this topic insofar as why there is an industry lack of interest in leasing this cold arctic pig in a poke.

Enhanced oil recovery and CO2 caused global warming

I'm an insider on this 40 year ongoing project. I have brought this up on this board before. This is the post in the Earth thread that introduces this topic. The Ukrainian war necessitates that this topic be reintroduces in it's own topic thread. This is the link to that post where I...

saintsreport.com

It's simple the cost of producing oil there would be much greater than the increased costs of enhanced oil recovery production, and at this time we have enhanced oil recovery projects sitting on the back burner waiting for the average cost of crude oil to increase to the point that those lower cost projects can be started and in some cases restarted.

There is no shortage of crude oil, there's a glut of it. High prices at the pump is being caused by market disruptions and speculative commodity market thieves.

 

[SaulGoodmanEsq]

There is no shortage of crude oil, there's a glut of it. High prices at the pump is being caused by market disruptions and speculative commodity market thieves.

Exactly. This is merely collusive practices to artificially inflate prices by blaming it on external factors. A couple of years ago the feds cracked down on the -- of all things -- tuna fish industry because StarKist and Bumble Bee were fixing prices.

 

[MT15]

For a real conservative perspective:

 

[SaintForLife]

 

[coldseat]

The American Rescue plan increased inflation for the whole world? Yeah, sure.

 

[B4YOU]

“And the stimulus that most stands out is Biden’s $1.9 trillion American Rescue Plan — because it was enacted after more than $3 trillion had already been spent to stimulate the economy under Trump, with one big chunk of that being approved just three months prior.”

So it’s Biden’s 1.9T and not Trump’s 3T that caused inflation.

Both bills and both parties wrought this inflation. The $600 unemployment, 2 stimulus checks, and ppp grants to businesses were the work of both parties and most of that came under the Trump admin.

The better question would be what specific policies had more impact on inflation. PPP was almost 1T with zero requirements to show need. I know small business sole proprietors who got 18-24k with zero revenue loss. Business groups got millions.

Stimulus checks with $600/kid while providing child tax credits on top of that made zero sense. Biden doing a 2nd round was purely political.

The $600 unemployment was probably $300 more than it should have been, but at least that was need based.

Business owners getting 10k-10M and families of 4+ making sub-180k got piles of cash dumped on them with zero proof of need. Combine that with all time highs for savings rate, a “return to normal”, and labor market demanding higher pay due to en mass boomer retirements, that’s where we get consumer driven inflation.

 

[MT15]

What that graph shows is that the US went first. Not that anything Biden did caused the inflation. Did you question why they cut the graph off when they did? Here’s why:

“Using more recent data from the OECD from March 2022, we can also see the year-on-year inflation in all G7 countries, which rose in every single G7 member country. The rates reached an overall rate of 7.1% in March 2022.

The largest increase in inflation among G7 countries was found in Germany, climbing by 2.1 percentage points to 7.4% overall, while the smallest increase was recorded in Japan, rising just 0.3 percentage points to 0.6%.

In the middle of the group, France has an annual inflation rate of 4.5%, Italy has 6.5%, Canada 6.7%, the United Kingdom recently hitting a record of 9%, and the United States rising to 8.5%, the largest 12-month advance for the States since December 1981.”

Here are up to date inflation rates around the world by country in 2022

As the UK hits another inflation record high, how do we compare to other countries around the world?

www.scotsman.com

Its important to question what you are reading-and not just believe a POV because you like what it says. So you still think Biden cause the current bout of inflation through much of the G7? Lol.

 

[DJ1BigTymer]

“And the stimulus that most stands out is Biden’s $1.9 trillion American Rescue Plan — because it was enacted after more than $3 trillion had already been spent to stimulate the economy under Trump, with one big chunk of that being approved just three months prior.”

So it’s Biden’s 1.9T and not Trump’s 3T that caused inflation.

Both bills and both parties wrought this inflation. The $600 unemployment, 2 stimulus checks, and ppp grants to businesses were the work of both parties and most of that came under the Trump admin.

The better question would be what specific policies had more impact on inflation. PPP was almost 1T with zero requirements to show need. I know small business sole proprietors who got 18-24k with zero revenue loss. Business groups got millions.

Stimulus checks with $600/kid while providing child tax credits on top of that made zero sense. Biden doing a 2nd round was purely political.

The $600 unemployment was probably $300 more than it should have been, but at least that was need based.

Business owners getting 10k-10M and families of 4+ making sub-180k got piles of cash dumped on them with zero proof of need. Combine that with all time highs for savings rate, a “return to normal”, and labor market demanding higher pay due to en mass boomer retirements, that’s where we get consumer driven inflation.

This is the source material for the article.

https://www.frbsf.org/wp-content/uploads/sites/4/el2022-07.pdf

...The United States introduced unprecedented fiscal and monetary policy responses to provide rapid economic relief. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law in March 2020. In the same month, the Federal Reserve lowered the target range for the federal funds rate to 0–¼% and introduced additional measures to ease liquidity...

...As we begin the third year since the start of the pandemic, the U.S. economy has rebounded at an astonishing rate. Unemployment recovered from a high of 14.7% in April 2020 to 3.8% in February 2022. Meanwhile, the gap between actual GDP and its potential rate has nearly closed to less than 0.5%, as calculated by the Congressional Budget Office. However, global supply chain distortions persist, and subsequent waves of COVID-19 infections continue to disrupt service-oriented industries...

 

[SteveSBrickNJ]

This is so weird. Biden has only a 39% approval rating. The lowest of his presidency. Most of our contemporary problems you all say are global and he should not be blamed. Yet since more than 39% of the people of America identify themselves with the Democratic Party.... why is his polling this low?
*

Biden's approval dips to lowest of presidency: AP-NORC poll

President Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party. Only 39% of U.S. adults approve of Biden’s performance as president, according to the poll from The...

www.yahoo.com

 

[SteveSBrickNJ]

This is so weird. Biden has only a 39% approval rating. The lowest of his presidency. Most of our contemporary problems you all say are global and he should not be blamed. Yet since more than 39% of the people of America identify themselves with the Democratic Party.... why is his polling this low?
*

Biden's approval dips to lowest of presidency: AP-NORC poll

President Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party. Only 39% of U.S. adults approve of Biden’s performance as president, according to the poll from The...

www.yahoo.com

I guess 99.9999% of US Democrats are not viewing madaboutpolitics.com
Your message is not getting out!

 

[brandon]

This is so weird. Biden has only a 39% approval rating. The lowest of his presidency. Most of our contemporary problems you all say are global and he should not be blamed. Yet since more than 39% of the people of America identify themselves with the Democratic Party.... why is his polling this low?
*

Biden's approval dips to lowest of presidency: AP-NORC poll

President Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party. Only 39% of U.S. adults approve of Biden’s performance as president, according to the poll from The...

www.yahoo.com

Because democrats are able to admit when their candidate has faults.

 

[SteveSBrickNJ]

Because democrats are able to admit when their candidate has faults.

Nationally that seems to be true.
Here on this forum....maybe not so much.

 

[brandon]

Nationally that seems to be true.
Here on this forum....maybe not so much.

I’m on this forum.

 

[MT15]

Nationally that seems to be true.
Here on this forum....maybe not so much.

Just because we aren’t going along with the current R talking point of blaming Biden for something that is truly out of his control doesn’t mean we are blind to his faults. Don’t be swayed by simplistic R talking points about inflation. Ask yourself-what would they do to combat inflation-a global problem? I haven’t heard anything out of them about that.

I don’t mind criticism and there are things Biden is doing that I’m not totally okay with. BUT, here’s the thing: compared to the current shirt show that is the Republican Party, we are in good hands.

CPAC is currently happening in Hungary, where Orban is ramping up to be another Putin. Republicans have a very real extremism problem - they are being ruled by their extremists currently. The moderate wing of the R party has been neutered. I hope they get their act together, but I will be skeptical until I see it. It seems to me to be getting worse instead of better.

Rs want to regulate speech in the classroom, they want to regulate speech of corporations, how they conduct their employee orientations. Some Rs in Georgia are objecting to a new plant to manufacture electric vehicles because the company is “woke”. Perdue is deriding a plant that will bring 7,500 good jobs to Georgia because he doesn’t like the company’s speech on diversity and inclusion. (Hint: those are actually good things.)

Trump is really pushing for candidates who are willing to lie openly about election/voter fraud and willing to take the vote out of the hands of the voters if the result isn’t to their liking. This wouldn’t be a democracy anymore if he gets his way.

They are responsible for doing away with Roe, even to the point there will be no exceptions for rape, incest or the life of the woman. There is almost no aspect of life they don’t want to regulate today - R is no longer the party of small government - unless we are talking benefits for common people. Those they don’t care for.

Rick Scott is pushing a tax plan to raise taxes on everyone (except the wealthy) -even the most disadvantaged, while sunsetting Medicare, Social Security and Medicaid-and offering nothing in replacement. The Trump tax plan did a lot of harm-it permanently lowered taxes on the wealthy while offering an illusion of a temporary tax break for the lower and middle classes. The wealth gap is a significant problem in this country.

Rs consistently vote against helping ordinary people: they have voted against capping the cost of insulin, voted against allowing Medicare to negotiate drug prices, voted against extending the child care tax credit, voted against repairing the infrastructure. I don’t trust them for a minute to do anything to help real people.

Maybe that is why there have been 2-3 recent generic Congressional polls showing that more people would prefer to have a Democratic Congress member than a Republican one?

I am actually a bit more optimistic these days about Democrats keeping the Senate and maybe even the House. Who knows?