Does anyone believe Putin is to blame
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"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman -
"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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RED has been hit upside the head with reasoned responses a-plenty. He'll get hit with more too. But none of them seem to stick. Of late he's still fighting about the aftermath of the 2016 election.Last edited by togor; 06-12-2022, 06:19.Comment
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he has done a great job of countering you with crossing the line,, despite your trolling to get him riled up,
give him credit,
post was directed at Roadking btw, not you,Comment
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$2.70 a gallon avg in June of 2019. 2020 the demands fell through the floor, hurt oil companies and they scaled back operations.
Gosh...eliminate 80% of air travel for months, that will have a pretty big impact on fuel productivity.
Fuel is just one commodity, an important one, but just one. The entire world ground to a halt, and anyone in business today's is more keenly aware of the current supply chain issues than those who have been drawing SS for more than a few months.
Trump is not the economic engine of sustainability you are looking for.
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You could take your own advice with Togor.
HAHA...."The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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Math; The price of gas goes up. Someone happens to be president. Unelecting (like magicaly he disappears and say JFK is back) the present president probably won't reduce the price of petrol at the pump. But it would just be Joes good(bad) luck that it did. But does that brief moment of transition prove anything. Something that you could bravely post on Jouster? Hint: well, I've got so many.
Lord, what if someone gets elected president next term and the price of gas STILL goes up? Then maybe a good person gets burned at the stake or something. *& % $# Saints preserve us.If I should die before I wake...great,a little more sleep.Comment
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More math: sort of. Prices have been going up for two and a half yrs. thereabouts. How long has Joe been in office? Oh, wait, let me think about that. Alright, were prices going up at all during Trumps presidency (remember early Covid?)? It was starting.
Inflation is made of parts. One is shortages. Remember that one? It was training, but not everyone caught on at first. Remember Y2K? Not the zipper, the other side.
Using termites for an analogy, ...well, you know that one. Incremental pain gets ignored- yup, I'm going to have that looked at. A short story: my back has been sore for a month and a half now. Anyway, not the real termite story but; it doesn't hurt until it really hurts. You can BS yourself into thinking it's OK for a while. No more injured talk. I'm getting to the point. New highs, bigger complaints. You know, when the house falls down (that's the termites part that doesn't really work here). It balances out. My, $5.59 a gallon. I don't know what's to become of us.
So, we were at the bar in Page at lake Powell (you can skip this part) and we ran into this couple from England. Got to talking and he mentioned that gas over there was $5 a gallon. We're talking thirty yrs. ago.
Shocking to say the least. He said him and the missus would drive the car to the peak of the hill and then put it in neutral and coast down to the bottom to save on gas. lbs. vrs. $ ? Could it have been that far off? I almost didn't believe the story. I'm having a hard time digesting that number.If I should die before I wake...great,a little more sleep.Comment
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There are many causes of the world wide inflation problem and certainly Putin's war is one of them. His actions have put the production and sale of wheat and other agricultural products from Ukraine in jeopardy for example (Who knew that Ukraine is one of the largest producers of wheat in the World?). This has caused a spike in the cost of grains everywhere. The other big culprit is the effects of COVID which for two years have hampered production and distribution of almost all manufactured goods and as you learn in Economics 101, if there is a reduction in supply or an increase in demand for a good, then prices get bid up. Bottom line is that you can blame Putin for some but not most of the inflation. Conversely, you can't really blame any other President or Prime Minister for it either unless you want their governments to seriously interfere in the market by bringing in price controls - a tool that may work in the very short term but which has a lot of negatives thereafter.
As painful as it is, we just have to tough it out until the economy manages the problem - probably not for at least a year in my opinion.
To offer an example of the pain, regular gasoline in Ottawa is now selling for $2.20 (Canadian) per litre. That equates to $6.48 (American) per US gallon. That's almost twice the price that we paid a year ago. Every time I fill up the tank, I think about getting a mortgage.Comment
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But remember the old saying, "When America sneezes, Europe catches cold."There are many causes of the world wide inflation problem and certainly Putin's war is one of them. His actions have put the production and sale of wheat and other agricultural products from Ukraine in jeopardy for example (Who knew that Ukraine is one of the largest producers of wheat in the World?). This has caused a spike in the cost of grains everywhere. The other big culprit is the effects of COVID which for two years have hampered production and distribution of almost all manufactured goods and as you learn in Economics 101, if there is a reduction in supply or an increase in demand for a good, then prices get bid up. Bottom line is that you can blame Putin for some but not most of the inflation. Conversely, you can't really blame any other President or Prime Minister for it either unless you want their governments to seriously interfere in the market by bringing in price controls - a tool that may work in the very short term but which has a lot of negatives thereafter.
As painful as it is, we just have to tough it out until the economy manages the problem - probably not for at least a year in my opinion.
To offer an example of the pain, regular gasoline in Ottawa is now selling for $2.20 (Canadian) per litre. That equates to $6.48 (American) per US gallon. That's almost twice the price that we paid a year ago. Every time I fill up the tank, I think about getting a mortgage.
Biden isn't just taking America down, he's taking the rest of the world down, too.Comment

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