View Single Post
Old 06-22-2021, 2:05pm   #53
Bill
10cm member
Barn Stall Owner #90125

NCM Supporter '19,'20
Points: 224,440, Level: 100
Activity: 99.3%
 
Bill's Avatar
 
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 81,992
Thanks: 37,195
Thanked 41,462 Times in 17,249 Posts
Gameroom Barn Bucks: $2621492
Default

Quote:
Originally Posted by Jeff '79 View Post
$2.86 for gas here.
Move if you can't afford it, or get a better job.
Inflation is a tax on everyone, and is most pronounced for the poor and working class. High energy prices cause a vicious cycle of everything becoming more expensive.

The left is supposed to be concerned about affordable housing, and about helping the poor and working class. Necessarily making the cost of energy skyrocket is in diametric opposition to that stated goal.

Additionally, low and stable energy prices are necessary for a robust economy with full employment. If businesses aren't opening and expanding, jobs just won't be available, and considering that we've literally thrown open the border and are importing literally MILLIONS of illegal aliens every year now, who also might need jobs other than crime, well, I just wonder how this is all supposed to work out.

The energy projects the Biden regime has quashed, like offshore drilling, ANWR drilling, and drilling on federal lands, will have long term deleterious effects on the US, and not just because of higher fuel prices. It hurts our security and stature in the world.

Russia gets to sell their gas to Germany, while we have to import fuel from countries that hate us AND we pay to protect Germany from Russia. Compare and contrast with Trump's all of the above energy policy that made the US an energy EXPORTER, for the first time in 70 years.

Under Trump, the US was inking deals to sell US natural gas to our European allies. Under Biden, we probably won't be able to fulfill those contracts because drilling has been hampered.

This is bad for our national debt, bad for jobs, bad for inflation....it's really only good for foreign countries that hate America.
Bill is offline   Reply With Quote
The Following User Says Thank You to Bill For This Useful Post: