Re: inflation. The Trump Administration spent 3.1 trillion

The "cancelled pipeline" - Keystone XL - wouldn't have been finished until 2029 at the earliest. It was less than 8% complete when Biden "cancelled" it and building pipelines takes forever anyhow because environmentalist groups sue incessantly to get construction halted. If the pipeline had been finished by 2035 it would have been a miracle.

By 2035, if we haven't largely switched over to renewables, the Earth is probably on fire anyhow, and it really won't matter.

That pipeline's nothing but a dead horse...and a stick the GOP is forever going to beat Biden over the head with.

The Bidenbucks assuredly didn't help inflation, nor did the Trumpbucks before those. COVID and an utterly disrupted global supply chain were the biggest culprits and the knock-on effect...keep right on knocking.

Everybody in the world is experiencing massive inflation right now. It's on the verge of running Macron right out of office in France to a distinctly Trumpy candidate, Marine Le Pen, who as a first order of business will crash France out of the EU and NATO because, of course, that'll fix everything.

RememberTheDanny

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Re: Sorry, but that is factually incorrect...

Apr 15, 2022, 1:56 PM

Much of what you had posted above is true.

The tariffs on P.R.Chinese goods is a bit more complicated. Trump (and many industry leaders) had rightfully become concerned about the reliability of so much of the supply chain being dependent on P.R.China. These concerns were from both the national security and regular commerce perspectives.

So the tariffs on P.R.Chinese imports became a whopping 25%. This sho' 'nuff created inflation, so your assertion about tariffs on PRC are true.

HOWEVER, the elephant behind the curtain was PRC's energy capacity constraints. Despite not giving a shizz about the CO2 driven climate change myth, they still didn't (and still don't) have enough electric generating power to handle both civilian and industrial needs.

Fast forward to Q4-2021 (and this is continuing into Q2-2022): PRC's electricity shortage led to them shutting off power to a BUNCH of industrial concerns in PRC ... with special emphasis on shorting power to non-PRC owned manufacturing companies. This move effectively removed a PILE of intermediate type raw materials from the manufacturing supply chain.

Huge shortages resulted (and are ongoing), and inflation has hit like a Space X rocket.

PUNCH LINE: Trump and his advisors saw this coming, and tried to kick-start the process to wean us off of dependence on PRC to supply ours (and the rest of world's) industrial infrastructure. If Obama had done this (i.e., years ago), then PRC's industrial base might have been aligned with its power generating capabilities. But Obama dithered, and now we're all seeing what happened with the global supply chain when the world became even more dependent on PRC.

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Trump also wanted much more than what was sent***

You are correct. He requested more than the 900 billion in the

Who recd all that money? Parents with kids under 18?

Enough to go to Riverbank Zoo***

Of course they want as much as they can

I don’t know about smooth talking. Pandering, yes.***