The Biden Presidency

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Sherman Bay said:
Obviously, there's a cause & effect here. The question is, has Biden caused the rise, or is he benefiting from it?

In other news, the price of rum in Havana is up, as are the salaries of Presbyterian ministers in Massachusetts. Which is the cause, and who benefits?
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Oil was not $25 a barrel in January. Don’t play into the flagrant lie.
 
Sherman Bay said:
Obviously, there's a cause & effect here. The question is, has Biden caused the rise, or is he benefiting from it?

In other news, the price of rum in Havana is up, as are the salaries of Presbyterian ministers in Massachusetts. Which is the cause, and who benefits?
Click to expand...

Obviously someone claims there's a cause and an effect. But is there one? Maybe, but I think it is impossible to prove. Perfect example of the post hoc ergo propter hoc fallacy. Just because one event follows another does not mean there is a causal link betweenthe two.

We were all taught in Economics 101 how prices are directly related to supply and demand or more accurately perceived supply and demand. In April, the bottom fell out of travel which in turn resulted in falling prices for energy with transportation fuel prices taking the biggest hit. In April of last year, you could hardly give away a barrel of oil. In fact, the price for a barrel of light crude at one point was negative $35 a barrel. It rebounded to around $40 a barrel pretty quickly and slowly increased for the last 10 months. The price today is about what it was pre-pandemic. I expect it to go higher because the oil companies have been losing money and they are going to be more conservative.

The fracking boom is mostly over as much of it was fools gold. Fracking would result in increased oil production, but those increases were costly and didn't last. The energy markets are likely to be volatile for a while.
 
acbytesla said:
In April, the bottom fell out of travel which in turn resulted in falling prices for energy with transportation fuel prices taking the biggest hit.
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So you're saying that, by making the plague more severe than it would have been without him, Trump did lower the prices!
 
Delvo said:
So you're saying that, by making the plague more severe than it would have been without him, Trump did lower the prices!
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You could say that. Maybe.

Still, I'd argue that the Trump presidency was the worst economic disaster this country has faced since WW2 and the Great Depression. Trump's incompetence and his attacks on our government will inevitably cost the country at least 5 trillion dollars andprobably more than that. I say that because of the necessary stimulus packages as well as confidence from abroad. America is the wealthiest nation on the planet for many reasons, but one of the reasons is confidence from investors abroad. Foreign countries and nationals invest in the US because they rely on us to be dependable. Trump threatens that reliability.

Then there is the fact that Trump threatens our lives. His failure of dealing with the pandemic has resulted in average US life expectancy to fall an entire year. The life expectancy for minorities dropped an average of 3 years.

Almost anyone would have been better than Trump. Biden is so far proving he's better than just anyone. Still, it is early.
 
Lauren Boebert tweets

@laurenboebert
The lids are back on! Don’t you miss having a President who worked tirelessly?

Quote Tweet
Kelly O'Donnell
@KellyO
White House has called a “lid” for this Sunday so no expected events or public activities by the president.
 
Captain_Swoop said:
Lauren Boebert tweets

@laurenboebert
The lids are back on! Don’t you miss having a President who worked tirelessly?

Quote Tweet
Kelly O'Donnell
@KellyO
White House has called a “lid” for this Sunday so no expected events or public activities by the president.
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She can't be serious. No POTUS in history kept a lighter schedule than Trump.
 
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Really starting to question the wisdom of campaigning on "$2000 immediately" when it's turning out to be neither $2000 or immediate.

The delay and tedious means means testing aren't Biden's fault, but rather that of the legislature, but Biden still ends up getting the blame as head of the party. Seems to me that the Democratic party should have made the $2000 checks their day one priority, or at least not politically messaged in such a way that people thought cash relief would be coming quickly.
 
CapelDodger said:
No you haven't.



How is a rising oil-price evidence that Biden is for fracking?
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Yes I have. I'll add a video link for you to hear the same. Further, it's rather presumptuous to claim you can know what someone has or has not heard. Or were you planning an attempt at the million dollar psychic power challenge?
I think that has been cancelled though.

https://www.youtube.com/watch?v=-4_2ynjacFI


For or against? I'd like to know.
 
If you think about it, the price of oil has increased by infinity % since they hit $0 in April. Explain that, libs!

Stop taking the bait. Nobody proposing this as a "gotcha" for Biden is doing so in good faith. They're just ****-posting (an activity I very much respect).
 
SuburbanTurkey said:
If you think about it, the price of oil has increased by infinity % since they hit $0 in April. Explain that, libs!

Stop taking the bait. Nobody proposing this as a "gotcha" for Biden is doing so in good faith. They're just ****-posting (an activity I very much respect).
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Indeed. Similarly, nobody claiming that Biden promised $2k immediately is making that claim in good faith.
 
wareyin said:
Indeed. Similarly, nobody claiming that Biden promised $2k immediately is making that claim in good faith.
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I guess Biden himself was speaking in bad faith here:

During his speech in Atlanta, Biden promised that if Warnock and Ossoff won the runoffs, "that money will go out the door immediately to help people who are in real trouble."
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https://www.businessinsider.com/biden-georgia-senate-runoff-2000-stimulus-checks-immediately-2021-1

Not everyone is a politics hobbyist like us people posting on the forum. I think a significant portion of the population would not consider over a month later "immediately", even if that's what is realistic given the political limitations.


Again, I don't really see this as a broken campaign promise, more as a failure of messaging and managing expectations. There was definitely the perception that this is something that would happen swiftly if the Democrats won.
 
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SuburbanTurkey said:
I guess Biden himself was speaking in bad faith here:





https://www.businessinsider.com/biden-georgia-senate-runoff-2000-stimulus-checks-immediately-2021-1

Not everyone is a politics hobbyist like us people posting on the forum. I think a significant portion of the population would not consider over a month later "immediately", even if that's what is realistic given the political limitations.


Again, I don't really see this as a broken campaign promise, more as a failure of messaging and managing expectations. There was definitely the perception that this is something that would happen swiftly if the Democrats won, which is probably something that was not realistic.
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When the direct quotes don't say what you and the article are claiming, and what you and the article are claiming contradicts everything else, I'll take "bad faith spin" for $600 Alex.
 
wareyin said:
When the direct quotes don't say what you and the article are claiming, and what you and the article are claiming contradicts everything else, I'll take "bad faith spin" for $600 Alex.
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i'm struggling to come to a different understanding on what was meant to be communicated here.

From the transcript:

Joe Biden said:
By electing Jon and the Reverend, you can make an immediate difference in your own lives, the lives of the people all across this country. Because their election will put an end to the block in Washington, that $2000 stimulus check, that money would go out the door immediately, to help people who are in real trouble. Think about what it will mean to your lives, putting food on the table, paying rent
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https://www.rev.com/blog/transcripts/georgia-runoff-election-democrat-rally-transcript-joe-biden-raphael-warnock-jon-ossoff
 
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