Re: Yes, Biden is still the worst President ever

Alum85

CU Guru [1515]

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Re: Yes, Trump is still the worst President ever

Mar 11, 2022, 7:17 AM

Well, we've beat the "does a President affect US oil production levels" question to death over the last week. I'm solidly in the camp that thinks free to do as they please Oil Corp's control that. I was not in favor of Biden's stimulus package in 3/21. Then again, I wasn't for at least 3 of the 4 stimulus packages under Trump. Did all of these impact today's inflation rate? Yes sir. So does the $22T in excess spending under the Presidents prior to Trump. So does the ongoing supply chain issues. Like used cars up 41%. Why, cause we can't get enough semiconductors from Taiwan for new cars due to the pandemic. The current President's solution, build 2 new semiconductor plants in the US, which is good, but they won't be producing shyd for 4-5 years. Does anyone agree with me that someone in the past 4-6 admins should have thought of this crap beforehand? Same goes to drugs that we get predominately from China. They cut us off and we're ######. Is this all Biden's fault, or the past 4-6 admins fault? The best post Ive seen on the inflation issue:

https://www.tigernet.com/clemson-forum/message/putin-isnt-causing-the-inflation-30468544#30468544

Putin has caused 40 year high inflation

And it shows the inflation rates in several other countries. Is all of it pandemic related? No, but much is and our problems run a lot deeper than the current President. We the people need to start making it politically impossible for 2 branches of our gov. to be anything other than fiscally responsible. Of course, this would be a painful and long process that we've put off for far too long.

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It’s almost as if 2 years of a global pandemic is bad for the economy or something. Even the Chinese economy is hurting at the moment.

https://www.nytimes.com/2022/01/16/business/economy/china-economy.html

China’s Economy Is Slowing, a Worrying Sign for the World

Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.

But with growth in his country slowing, demand slackening and debt still at near-record levels, Mr. Xi could face some of the biggest economic challenges since Deng Xiaoping began lifting the country out of its Maoist straitjacket four decades ago.

“I’m afraid that the operation and development of China’s economy in the next several years may be relatively difficult,” Li Daokui, a prominent economist and Chinese government adviser, said in a speech late last month. “Looking at the five years as a whole, it may be the most difficult period since our reform and opening up 40 years ago.

Yes, Biden is still the worst President ever