Quote:
Originally Posted by Dr Winston O Boogie jr
The president just rejoined the Paris Accord invoked more stringent fuel efficiency mandates, imposed a moratorium on oil and natural gas activities in ANWAR and stopped the Keystone pipeline.
What else could he possibly have done to raise the price of gasoline.
What a lot of people don't realize is that every product sold in this country and many services provided use gasoline. Not only with the price of gasoline go up but the price of every product and many services will increase as well. What the president and those of his party don't seem to understand is that this will affect the poor and middle class way more than it will the wealthy and upper middle class.
Bill Gates, Mark Zuckerberg and others in that class will still travel in their private planes and limos. They don'y worry about the cost of bread going through the roof. It's those on government assistance, minimum wage workers and people trying to raise a family that will be hurt by this.
The democrats response will be to raise the minimum wage which will raise prices even more.
In the first few hours of this presidency, this president has done more damage to this country than the past five presidents combined.
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I am thankful that I do not make the decisions. Most people, whoever they are, owe more than they have saved. So inflation is their friend. Most people-the biggest debtor is all of us-the national debt. The national debt last time I looked 28 Trillion dollars.
We talk about that number over and over again. How many besides me realize, face reality that we do no comprehend what one Trillion is let alone 28 of them.
The ten year treasury is now paying about 1% with 2% inflation, the fed target they are
as we blink stealing half of what you are being paid.
We are so distracted fighting each other that we are blind to reality.