Warning Signs of US Recession: A Potential Setback for Kamala Harris

[Eric Loh]

6 minutes ago, Yellowtail said:

How has Trump has made it quite explicitly that he will infringe on the central bank’s independence should he regain the WH? 

You have comprehension problem. 
https://www.wsj.com/economy/central-banking/trump-allies-federal-reserve-independence-54423c2f

[Yellowtail]

1 minute ago, Eric Loh said:

You have comprehension problem. 
https://www.wsj.com/economy/central-banking/trump-allies-federal-reserve-independence-54423c2f

If you know, why don't you just tell me? 

 

And there's a pay wall to the article you didn't read. 

[Rimmer]

An off topic post has been removed

[Eric Loh]

7 minutes ago, Yellowtail said:

If you know, why don't you just tell me? 

 

And there's a pay wall to the article you didn't read. 

Your loyalty to Trump has obstruct your ability to comprehend. 
https://www.wsj.com/politics/elections/trumps-plans-stir-fears-for-fed-independence-inflation-689bc113

[Yellowtail]

3 minutes ago, Eric Loh said:

Your loyalty to Trump has obstruct your ability to comprehend. 
https://www.wsj.com/politics/elections/trumps-plans-stir-fears-for-fed-independence-inflation-689bc113

Your loyalty to Harris has obstructed your ability to comprehend. 

 

If you know, why don't you just tell me? Because you don't know, you're just regurgitating a leftist talking point. 

 

Now call me stupid because you are not able to support your claim, then run away and claim victory. 

[simple1]

2 hours ago, Yellowtail said:

It's only "...crystal clear trump is unfit to represent the Office of the President of the USA..." to Harris supporters, or about half the country. The "educated" rich half of course. 

 

Last election seven million more votes than trump rec'd were of the opinion trump was / is  unfit to represent the Office of the President of the USA.

 

https://en.wikipedia.org/wiki/2020_United_States_presidential_election

 

trump legislates for the ultra wealthy, not the working person

 

The law will boost the after-tax incomes of households in the top 1 percent by 2.9 percent in 2025, roughly three times the 0.9 percent gain for households in the bottom 60 percent

 

https://www.cbpp.org/research/federal-tax/the-2017-trump-tax-law-was-skewed-to-the-rich-expensive-and-failed-to-deliver#:~:text=The law will boost the,one-tenth of 1 percent.

[nauseus]

On 8/6/2024 at 9:19 PM, Roo Island said:

This might help educate you. Probably not. But best to read behind the headlines. Especially when coming from dodgy media outlets

 

https://www.pbs.org/newshour/show/bidens-complex-relationship-with-oil-and-gas-despite-campaign-promises

 

This "complex relationship" nonsense interview confirms that Biden has already had to eat his own words. 

[placeholder]

5 minutes ago, nauseus said:

 

This "complex relationship" nonsense interview confirms that Biden has already had to eat his own words. 

It will be a while before those government parcels produce oil. In the meantime lots of people have had to eat their own words.Like those who proclaimed that oil and gas production would fall under Biden. How's that prediction working out?

[Yellowtail]

2 hours ago, simple1 said:

 

Last election seven million more votes than trump rec'd were of the opinion trump was / is  unfit to represent the Office of the President of the USA.

 

https://en.wikipedia.org/wiki/2020_United_States_presidential_election

 

trump legislates for the ultra wealthy, not the working person

 

The law will boost the after-tax incomes of households in the top 1 percent by 2.9 percent in 2025, roughly three times the 0.9 percent gain for households in the bottom 60 percent

 

https://www.cbpp.org/research/federal-tax/the-2017-trump-tax-law-was-skewed-to-the-rich-expensive-and-failed-to-deliver#:~:text=The law will boost the,one-tenth of 1 percent.

Are you against boosting the after-tax incomes of households in the US? 

 

Is that why you support Biden/Harris raising taxes on the middle class? 

[Yellowtail]

2 minutes ago, placeholder said:

It will be a while before those government parcels produce oil. In the meantime lots of people have had to eat their own words.Like those who proclaimed that oil and gas production would fall under Biden. How's that prediction working out?

Yes, clearly the Biden administration cares nothing about climate change. Clearly their promise to cut fossil fuel production was a lie. 

 

[nauseus]

11 minutes ago, placeholder said:

It will be a while before those government parcels produce oil. In the meantime lots of people have had to eat their own words.Like those who proclaimed that oil and gas production would fall under Biden. How's that prediction working out?

 

It did fall, and so did investment in the industry. That all changed quick-time in 2022 with the invasion of Ukraine and then with high inflation.

[Yellowtail]

5 minutes ago, nauseus said:

 

It did fall, and so did investment in the industry. That all changed quick-time in 2022 with the invasion of Ukraine and then with high inflation.

And when the 2022 elections looked like they would be a blow-out. 

 

Just like now, pump the reserves dry and close that border until after the election. 

 

I think an argument can be made that the financial windfall Russia enjoyed with the policy shift in the US went a long way to encourage the Ukraine invasion. 

 

Iran and Hamas as well. 

[placeholder]

6 minutes ago, nauseus said:

 

It did fall, and so did investment in the industry. That all changed quick-time in 2022 with the invasion of Ukraine and then with high inflation.

Actually, Oil production took its  downturn in 2020. Hmmm..maybe Biden is a time traveller?

https://www.statista.com/statistics/265215/us-oil-production-in-million-metric-tons/

[candide]

18 minutes ago, nauseus said:

 

It did fall, and so did investment in the industry. That all changed quick-time in 2022 with the invasion of Ukraine and then with high inflation.

As you perfectly know, they did fall in 2020 because of Covid. 😀

[Yellowtail]

13 minutes ago, placeholder said:

Actually, Oil production took its  downturn in 2020. Hmmm..maybe Biden is a time traveller?

https://www.statista.com/statistics/265215/us-oil-production-in-million-metric-tons/

As you perfectly know, they did fall in 2020 because of Covid. 😀

[stoner]

6 hours ago, Yellowtail said:

and get dumba**es to keep voting for crumbs. 

 

so true and tragic.

[nauseus]

5 minutes ago, placeholder said:

Actually, Oil production took its  downturn in 2020. Hmmm..maybe Biden is a time traveller?

https://www.statista.com/statistics/265215/us-oil-production-in-million-metric-tons/

 

Looks like you agree with me for a change. Thanks.

 

Of course, Biden also managed to sell nearly half of the total US SPR from 2022 to 2023.

 

Let's Go Brandon.

 

https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve

 

[placeholder]

3 minutes ago, Yellowtail said:

As you perfectly know, they did fall in 2020 because of Covid. 😀

Yes, I know that perfectly well. And as you apparently don't know Covid continued in 2021. 

[candide]

3 minutes ago, Yellowtail said:

As you perfectly know, they did fall in 2020 because of Covid. 😀

So, as you perfectly know, they did not fall in 2021, as they already did in 2020. Thanks for confirming it. 😀

[nauseus]

5 minutes ago, candide said:

As you perfectly know, they did fall in 2020 because of Covid. 😀

 

What part of "That all changed" is so hard to understand??? ?? ?

[placeholder]

Just now, nauseus said:

 

Looks like you agree with me for a change. Thanks.

 

Of course, Biden also managed to sell nearly half of the total US SPR from 2022 to 2023.

 

Let's Go Brandon.

 

https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve

 

So you believe that Biden was President in 2020?

As for the strategic petroleum reserve, what's your point? If anything it argues against it since it would have been released in addition to oil produced in that year. 

[candide]

27 minutes ago, Yellowtail said:

And when the 2022 elections looked like they would be a blow-out. 

 

Just like now, pump the reserves dry and close that border until after the election. 

 

I think an argument can be made that the financial windfall Russia enjoyed with the policy shift in the US went a long way to encourage the Ukraine invasion. 

 

Iran and Hamas as well. 

Do you have a reliable source showing that Biden was responsible for he increase of prices on the global oil market, or are you just making up stuff again?

[Yellowtail]

1 minute ago, candide said:

Do you have a reliable source showing that Biden was responsible for he increase of prices on the global oil market, or are you just making up stuff again?

yes

[nauseus]

1 minute ago, placeholder said:

So you believe that Biden was President in 2020?

As for the strategic petroleum reserve, what's your point? If anything it argues against it since it would have been released in addition to oil produced in that year. 

 

Look back. I did not say 2020. You did. 

 

Argues against what?

 

Boring.

[candide]

3 minutes ago, nauseus said:

 

What part of "That all changed" is so hard to understand??? ?? ?

What part of "it did fall" (in response to "under Biden") was hard to understand? 😀

[placeholder]

1 minute ago, nauseus said:

 

Look back. I did not say 2020. You did. 

 

Argues against what?

 

Boring.

You claimed that oil production fell under Biden. Actually, it was slightly higher in 2021 than in 2020. And it went up from there.

[candide]

3 minutes ago, Yellowtail said:

yes

Thanks for acknowledging you are making stuff up again.

[nauseus]

7 minutes ago, placeholder said:

You claimed that oil production fell under Biden. Actually, it was slightly higher in 2021 than in 2020. And it went up from there.

 

Actually, it was slightly lower in 2021 than in 2020. I've already said that changed in 2022,

[placeholder]

7 minutes ago, nauseus said:

 

Actually, it was slightly lower in 2021 than in 2020. I've already said that changed in 2022,

Got any evidence from a credible source to back that up? According to Statista, oil production in the USA in 2020 was 713.3 metric tons in 2020 and 715.9 in 2021.

https://www.statista.com/statistics/265215/us-oil-production-in-million-metric-tons/

[Yellowtail]

5 minutes ago, candide said:

Thanks for acknowledging you are making stuff up again.

What is it you are asking for, an opinion piece in the MSM that blames Biden? Sorry, no can do, but I bet you can find plenty blaming Trump. 

 

Canceled the Keystone XL pipeline, shutdown sales and leasing on federal land, implemented a historic royalty rate increase, and countless new regulations. Did he not say he wanted to significantly reduce production? Was he lying? 

 

Biden Administration Reopens Federal Lands for Oil and Gas Leasing Under Reformed Program (bhfs.com)