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Post by RinsePrius on Nov 2, 2024 15:01:41 GMT
You're listening to BS news sources if they are telling you this deal made oil cheaper. Production cuts reduce supply and that tends to put upward pressure on price. This explains what trump did in detail. You'll understand that world production + world refining = total available output and futures in what drives prices at the pump...other things equal if opec cuts production you are correct...but clearly it was not "other things equal" but the reality prices came down and it was a result of trumps intervening and negotiation skills. www.cnbc.com/2020/04/13/opec-cut-is-trumps-biggest-and-most-complex-deal-ever-dan-yergin.htmlThe reality is April 2020 was when the deal happened & price immediately exploded higher, as one would expect when production is cut. You're living an alternate reality where price increases secretly mean the thing is getting cheaper.  It's not hard. Blue line go up. |
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Post by thecitizen on Nov 2, 2024 15:18:39 GMT
You can laugh or you can cry but on the factual nature of the claim, it's truth you cannot deny. From an electoral standpoint, particularly with a populist candidate on the ballot, the question is: who's feeling that growth?
Who is not feeling that growth? |
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Post by Fiddler on Nov 2, 2024 15:23:27 GMT
Funny how quickly the wingnuts forget about Dumbya's great recession.  anyone who did not see that coming was a fool...The basis for that recession was clinton changing the banking laws to allow unqualified people to get loans...The runup to the crash was so obvious to most everyone...the reality is people who were paying attention made a fortune on the run up in real estate, sold a year or so before the crash, waited for the crash and bought back real estate over the next 18 months. That was substantially different from what weve seen over the past few years. Intentionally shutting down the economy to favor big business, intentionally printing money like crazy, intentionally flooding the country with illegals, intentionally reducing oil refining/OPEC's reactions, and not increasing mfg jobs at the rate we saw under trump pre pandemic has all resulted in a far wider, wide reaching problem with our economy. Biden harris are directly responsible for most all of these policy changes... Indeed.. We all recall those heady days when any Tom's hairy dick could waltz into a bank and waltz out with a YUGE loan without once being vetted .. Good honest bankers cannot be held accountable for allowing their greed to enter into the reasons for the crash ..
Oh.. And don't forget Trump intentionally allowing the pandemic to spread..
petep.. if only reality backed up the dumbass shit you think ..
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Post by thecitizen on Nov 2, 2024 15:24:28 GMT
Funny how quickly the wingnuts forget about Dumbya's great recession. anyone who did not see that coming was a fool...The basis for that recession was clinton changing the banking laws to allow unqualified people to get loans...The runup to the crash was so obvious to most everyone...the reality is people who were paying attention made a fortune on the run up in real estate, sold a year or so before the crash, waited for the crash and bought back real estate over the next 18 months. That was substantially different from what weve seen over the past few years. Intentionally shutting down the economy to favor big business, intentionally printing money like crazy, intentionally flooding the country with illegals, intentionally reducing oil refining/OPEC's reactions, and not increasing mfg jobs at the rate we saw under trump pre pandemic has all resulted in a far wider, wide reaching problem with our economy. Biden harris are directly responsible for most all of these policy changes... Dubya was president, not Clinton. The basis for the inflation was trump’s mishandling of the pandemic |
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Post by Fiddler on Nov 2, 2024 15:26:51 GMT
But you have a fundamental misunderstanding of what happened with the OPEC deal that trump negotiated between them and russia....he did this and it resulted in lower prices to us. I've listened to the mainstream media spin and this must be where you are getting your information. what trump did was brilliant and something only someone skilled in world negotiations could do... You're listening to BS news sources if they are telling you this deal made oil cheaper. Production cuts reduce supply and that tends to put upward pressure on price. p is a landlord.. (perhaps God will forgive him) .. every time there are fewer houses/apartments to rent he always goes down on the cost ..
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thor
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Post by thor on Nov 2, 2024 15:30:11 GMT
You're listening to BS news sources if they are telling you this deal made oil cheaper. Production cuts reduce supply and that tends to put upward pressure on price. p is a landlord.. (perhaps God will forgive him) .. every time there are fewer houses/apartments to rent he always goes down on the cost ..
LOLZ!!! |
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thor
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Post by thor on Nov 2, 2024 15:32:35 GMT
Not to be nit-picky or anything but the lion's share of the money printing happened under Trump's admin, Biden has reduced the money supply. Also Trump prodded OPEC to cut production in order to raise domestic energy prices, meanwhile the Biden admin has gone after US oil companies who colluded with OPEC to reduce output. We produce more energy now than under Trump. Also the Biden admin has a *better* jobs record with respect to manufacturing jobs. I'd give trump a bad rating on environment... But you have a fundamental misunderstanding of what happened with the OPEC deal that trump negotiated between them and russia....he did this and it resulted in lower prices to us. I've listened to the mainstream media spin and this must be where you are getting your information. what trump did was brilliant and something only someone skilled in world negotiations could do... do you understand how hard it would be to build skyscrapers and resorts and large condo complexes around the planet...he's done this look, we know what we were paying under trump...OPEC unilaterally cut production twice under biden harris. Once on the heels of biden begging them not to ahead of the midterms...it was such a laughable negotiation. They screwed us all. amateurs on the world stage. The economy was going down BEFORE Covid, dummy - due to Trump's shit policies. Trump's stupidity and incompetence made it far worse. |
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petep
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Post by petep on Nov 2, 2024 20:19:31 GMT
anyone who did not see that coming was a fool...The basis for that recession was clinton changing the banking laws to allow unqualified people to get loans...The runup to the crash was so obvious to most everyone...the reality is people who were paying attention made a fortune on the run up in real estate, sold a year or so before the crash, waited for the crash and bought back real estate over the next 18 months. That was substantially different from what weve seen over the past few years. Intentionally shutting down the economy to favor big business, intentionally printing money like crazy, intentionally flooding the country with illegals, intentionally reducing oil refining/OPEC's reactions, and not increasing mfg jobs at the rate we saw under trump pre pandemic has all resulted in a far wider, wide reaching problem with our economy. Biden harris are directly responsible for most all of these policy changes... Dubya was president, not Clinton. The basis for the inflation was trump’s mishandling of the pandemic Jesus wads you are truly stupid. Look up Clinton glass Steagel. |
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Post by RinsePrius on Nov 2, 2024 20:23:00 GMT
Next Pete is going to tell us he never heard of OPEC+.
Or OPEC itself.
Or fossil fuels.
"What is oil? Are you talking about olive oil?"
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Post by HolyMoly on Nov 2, 2024 21:18:51 GMT
Funny how quickly the wingnuts forget about Dumbya's great recession. anyone who did not see that coming was a fool...The basis for that recession was clinton changing the banking laws to allow unqualified people to get loans...The runup to the crash was so obvious to most everyone...the reality is people who were paying attention made a fortune on the run up in real estate, sold a year or so before the crash, waited for the crash and bought back real estate over the next 18 months. That was substantially different from what weve seen over the past few years. Intentionally shutting down the economy to favor big business, intentionally printing money like crazy, intentionally flooding the country with illegals, intentionally reducing oil refining/OPEC's reactions, and not increasing mfg jobs at the rate we saw under trump pre pandemic has all resulted in a far wider, wide reaching problem with our economy. Biden harris are directly responsible for most all of these policy changes... Then there were a lot of fools around because most people didn't see it coming. That the recession was caused by changes in the banking laws under Clinton is disputed, but I understand wanting to blame Clinton for something that happened after Bush II had been president for seven years. Nice try. Who intentionally shut down the economy to favor big business or intentionally flooded the country with illegals, or intentionally reduced oil refining? Are you in the mind reading business now? Again, the VP has little power in an administration. It's the president who makes the decisions. |
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Post by thecitizen on Nov 2, 2024 21:36:58 GMT
Dubya was president, not Clinton. The basis for the inflation was trump’s mishandling of the pandemic Jesus wads you are truly stupid. Look up Clinton glass Steagel. GWB was president, stupid. You want to blame Clinton for GWB’s mess and blame Biden for Trump’s mess. You can’t have it both ways. When will you people take responsibility |
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demos
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Post by demos on Nov 4, 2024 15:02:49 GMT
Who is not feeling that growth? Probably the people who are living paycheck to paycheck, having to take on part time jobs, etc.?
Or do they not exist?
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Post by Greg55_99 on Nov 4, 2024 15:31:53 GMT
Who is not feeling that growth? Probably the people who are living paycheck to paycheck, having to take on part time jobs, etc.?
Or do they not exist?
Of course they exist. They have ALWAYS existed. Just like people like me who's 401K's are getting PHAT. Greg |
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Post by Fiddler on Nov 4, 2024 17:07:34 GMT
Next Pete is going to tell us he never heard of OPEC+. Or OPEC itself. Or fossil fuels. "What is oil? Are you talking about olive oil?" Yes.. I believe they've decided to call that the "Trump Weave" .. What normal folk refer to as babbling ..
e.g. It's when you start out talking about crowd size then 10 minutes later end with a recipe for liver with fava beans .. |
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demos
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Post by demos on Nov 4, 2024 17:12:54 GMT
Of course they exist. They have ALWAYS existed. Just like people like me who's 401K's are getting PHAT. Greg Thing is; there's more than there used to be:
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petep
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Post by petep on Nov 4, 2024 17:22:42 GMT
Of course they exist. They have ALWAYS existed. Just like people like me who's 401K's are getting PHAT. Greg Thing is; there's more than there used to be:
Record credit card debt. High interest rates. Inflation. Wages not keeping up. Lower per capita tax receipts. High energy prices. No sane logical person would conclude things are good. |
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Post by Greg55_99 on Nov 4, 2024 17:26:37 GMT
Of course they exist. They have ALWAYS existed. Just like people like me who's 401K's are getting PHAT. Greg Thing is; there's more than there used to be:
I'm having a hard time feeling sorry for people making at least $150,000. Greg |
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demos
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Post by demos on Nov 4, 2024 17:28:54 GMT
I'm having a hard time feeling sorry for people making at least $150,000. Greg Whether you do or not doesn't really address the point which was originally raised. |
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Post by Greg55_99 on Nov 4, 2024 17:33:18 GMT
I'm having a hard time feeling sorry for people making at least $150,000. Greg Whether you do or not doesn't really address the point which was originally raised. I believe the point is there are MORE jobs available if people want them. That's good. Greg |
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demos
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Post by demos on Nov 4, 2024 17:37:09 GMT
I believe the point is there are MORE jobs available if people want them. That's good. Greg Before or after the revised jobs report? What kind of jobs (at one point, it was part-time jobs when you dug into the numbers)? What is the pay?
So again, this doesn't address the original point, which was:
From an electoral standpoint, particularly with a populist candidate on the ballot, the question is: who's feeling that growth?
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