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Biden doubles down...
MikeDamone
Member Posts: 37,781
in Tug Tavern
He's doing a great job and if not for him things would be worse. Putin!!
https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/06/03/remarks-by-president-biden-on-the-may-jobs-report-2/
Bringing down the costs — here’s where we stand: The two challenges on the minds of most working families are prices at the pump and prices at the grocery store. Both of these challenges have been directly exacerbated by Putin’s war in Ukraine.
The price of gas is up $1.40 since the beginning of the year when Putin began amassing troops at the Ukrainian border. This is the “Putin price hike.”
Putin’s war has raised the price of food because Ukraine and Russia are two of the world’s major breadbaskets for wheat and corn — the basic product for so many foods around the world.
Ukraine has 20 million tons of grain in storage right now, and it’s been in storage since the last harvest. Normally, that would have already been exported into the world market. But because of Putin’s invasion and a blockade of the port at which they could take that grain out for the rest of the world, it’s not. It’s not.
And look, I understand that families who are struggling probably don’t care why the prices are up. They just want them to go down. “Joe, what are you going to do to bring them down?” But it’s important that we understand the root of the problem so we can take steps to solve it.
https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/06/03/remarks-by-president-biden-on-the-may-jobs-report-2/
Bringing down the costs — here’s where we stand: The two challenges on the minds of most working families are prices at the pump and prices at the grocery store. Both of these challenges have been directly exacerbated by Putin’s war in Ukraine.
The price of gas is up $1.40 since the beginning of the year when Putin began amassing troops at the Ukrainian border. This is the “Putin price hike.”
Putin’s war has raised the price of food because Ukraine and Russia are two of the world’s major breadbaskets for wheat and corn — the basic product for so many foods around the world.
Ukraine has 20 million tons of grain in storage right now, and it’s been in storage since the last harvest. Normally, that would have already been exported into the world market. But because of Putin’s invasion and a blockade of the port at which they could take that grain out for the rest of the world, it’s not. It’s not.
And look, I understand that families who are struggling probably don’t care why the prices are up. They just want them to go down. “Joe, what are you going to do to bring them down?” But it’s important that we understand the root of the problem so we can take steps to solve it.
Comments
Costco $5.25 premium today. Up 13 cents in less than a week. Yup. it’s all Putin.
But he is lying his ass off
Gas is 6.50 in California. Subtract 1.40 for Putin and that's still 5.10 which is a buck or so higher than Trump
I understand the root of the problem. 81 million alleged votes
Just paid $6.22 to gas up the wife’s car.
The latest example...Biden administration is considering an oil windfall tax. You tell me what oil and gas company is going to expand production when the govt is telling them a) they aren't going to exist in 10 years and b) any excess profits between now and then are going to be selectively taxed in excess of everyone else?
https://money.usnews.com/investing/news/articles/2022-06-02/white-house-considering-proposal-to-tax-oil-and-gas-windfall-profits-official-says
The guy running point on this is a complete idiot named Bharat Ramamurti, a Harvard grad who's life experience after that consists of being a Red Sox lawyer, a staffer to Senator Pocahontas, and then an appointee to COVID-19 Congressional Oversight Commission. And now he is the "the deputy director of President Joe Biden's National Economic Council". This is a guy who has literally no business experience or even business background and could not get hired at a Fortune 500 company in any role with a possible exception of being a low-level lawyer or lobbyist, and now he is now setting Administration policy on critical cogs of the economy. It is absolutely insane.
And its only going to get worse.