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On June 01 2022 13:19 Mohdoo wrote:https://www.politico.com/news/2022/05/31/white-house-biden-gas-prices-00036206This article does a good job at highlighting why Biden is a failure of a president and why Democrats will be tossed in the trash in 2022: 1) Biden is almost entirely absent from messaging and controlling the narrative around gas prices 2) Biden is focused purely on deflection and not offering any positive ambitions 3) Biden's team is focused on solving the problem in some sort of permanent, complete manner rather than racking up wins wherever they can 4) Biden's team is choosing not to explore avenues because they have disadvantages or may cause other issues Just a tragedy of leadership. No messaging, no vision, no action, just useless.
What confuses me is that inflation and fuel prices are a global problem. Im not sure what people are expecting him to do when the shipping industry is still fucked 2 years later post Covid. Additionally, its not as if releasing barrels of oil from the strategic reserve or anything is a good idea or will make a dent.
The fact of the matter is we are being gouged by oil companies and shipping/logistic companies. The shipping companies arent even based in the USA. Other than a takeover of US based operations or price fixing, both of which could fuck things up worse, im not sure what hes expected to do.
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I also don't get it. Americans act like this is an USA problem and therefore Biden is to blame, despite basically the entire World having the exact same issues.
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At some point oil will be depleted. Using it for transportation and electricity is insanity when the use in chemistry should take priority.
Truth is that societies have been too greedy with its usage during the last century and when the entire economic strategy is to move the bill forward, it is us and next generations that have to pay the price.
Will be up to us if we’ll still have the same aristocracy that made the wrong decisions leading to this situation not footjng that bill alongside everyone else.
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Inflation is also being driven by corporate profiteering, doing something to address that would be nice. People can rally behind bloodying Billionaire noses.
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On June 01 2022 20:03 Zambrah wrote: Inflation is also being driven by corporate profiteering, doing something to address that would be nice. People can rally behind bloodying Billionaire noses.
The US very rarely if ever does anything to address gouging/profiteering.
See: Healthcare and Military
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Oh, Im aware, believe me, but at the same time there is something the government could do. Sure it wouldnt solve inflation, but 1. it'd help, 2. it'd be a nice rallying cry, "the billionaires drive prices up, and we're stopping their corporate greed!" is a good message to sell.
Its never going to happen because these people own the Democrats and the Republicans, but there is something theoretically doable.
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On June 01 2022 19:53 Velr wrote: I also don't get it. Americans act like this is an USA problem and therefore Biden is to blame, despite basically the entire World having the exact same issues. Because the world starts and ends with America, beyond its borders is just empty void.
Its stupid but that is how it appears to be for a lot of Americans.
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On June 01 2022 20:36 Gorsameth wrote:Show nested quote +On June 01 2022 19:53 Velr wrote: I also don't get it. Americans act like this is an USA problem and therefore Biden is to blame, despite basically the entire World having the exact same issues. Because the world starts and ends with America, beyond its borders is just empty void. Its stupid but that is how it appears to be for a lot of Americans. It's even worse than that. I am not familiar enough with other cultures to say so comparatively, but a lot of US culture encourages a kind of extreme localism that takes a much narrower view of what is important than is appropriate for such a large and diverse country. And it's not even coherent given how little many people care about local politics, it focuses almost entirely on opposing outside groups and places as de facto enemies that want to take what one has, even if one has very little.
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On June 01 2022 20:55 JimmiC wrote: Given his age it might make sense for Biden to take all the blame. Thsn they can run a fresh "not trump" at the next election. But at the end of the day if/when it is trump all that matterd is if you are into his nonstop drama that involves no honesty and no knoweldge. You really have to believe the bestest people line because he does know basically anything. Which given the staff constant turn over, 1000 books written about how incompetent he is by them, is pretty darn hard to believe. Probably easier to deal with it emotionally if you say "package delivered" rather than " missile succeeded in killing 20 people". Especially if you're sitting in a command center thousands of miles away and never have to see the real fallout of what you did.
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On June 01 2022 21:07 Acrofales wrote:Show nested quote +On June 01 2022 20:55 JimmiC wrote: Given his age it might make sense for Biden to take all the blame. Thsn they can run a fresh "not trump" at the next election. But at the end of the day if/when it is trump all that matterd is if you are into his nonstop drama that involves no honesty and no knoweldge. You really have to believe the bestest people line because he does know basically anything. Which given the staff constant turn over, 1000 books written about how incompetent he is by them, is pretty darn hard to believe. Probably easier to deal with it emotionally if you say "package delivered" rather than " missile succeeded in killing 20 people". Especially if you're sitting in a command center thousands of miles away and never have to see the real fallout of what you did.
I think you replied in the wrong thread.
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On June 01 2022 21:09 Simberto wrote:Show nested quote +On June 01 2022 21:07 Acrofales wrote:On June 01 2022 20:55 JimmiC wrote: Given his age it might make sense for Biden to take all the blame. Thsn they can run a fresh "not trump" at the next election. But at the end of the day if/when it is trump all that matterd is if you are into his nonstop drama that involves no honesty and no knoweldge. You really have to believe the bestest people line because he does know basically anything. Which given the staff constant turn over, 1000 books written about how incompetent he is by them, is pretty darn hard to believe. Probably easier to deal with it emotionally if you say "package delivered" rather than " missile succeeded in killing 20 people". Especially if you're sitting in a command center thousands of miles away and never have to see the real fallout of what you did. I think you replied in the wrong thread. Yup, I did, and to the wrong post. Somehow. Ignore me, not enough sleep last night.
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On June 01 2022 15:44 RvB wrote: There's little he can do. Monetary policy is in the hands of the fed and while tighter fiscal policy would help reduce demand there's little political will in his party for that. Long term the best fix for high prices are high prices. Since it reduces demand and increases supply but that's not very useful in the short run.
The fed's policy is an extension of neoliberal America and had bipartisan support. Powell was nominated by Biden and confirmed with bipartisan support. Saying there is little he can do is a joke. We're on this path because the fed continues to be run by the same group of goons and it has bipartisan support in our government.
At least stop parroting this bullshit about how Biden can do nothing because the fed controls monetary policy. The president appoints the members of the fed. He reappointed Powell. If he didn't like the direction Powell was going he should have appointed someone else.
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United Kingdom13775 Posts
On June 01 2022 20:03 Zambrah wrote: Inflation is also being driven by corporate profiteering, doing something to address that would be nice. People can rally behind bloodying Billionaire noses. Yeah, hence export controls is a good start. The only reason the US is exporting the inflation-driving food & energy that Americans can’t afford is because less prepared countries are fattening the pockets of the wealthy by paying more than your average US citizen can. Unlike some certain other two-bit countries, the US does itself produce enough to go around; why not prioritize America first for once?
If we don’t have the political will to raise interest rates at a time when it’s so very clear that we have to, at least don’t throw our scarce resources into the trash by sending them abroad. But I’m sure that export controls violate some commandment or other of whatever economic orthodoxy Biden is following.
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On June 01 2022 22:22 LegalLord wrote:Show nested quote +On June 01 2022 20:03 Zambrah wrote: Inflation is also being driven by corporate profiteering, doing something to address that would be nice. People can rally behind bloodying Billionaire noses. Yeah, hence export controls is a good start. The only reason the US is exporting the inflation-driving food & energy that Americans can’t afford is because less prepared countries are fattening the pockets of the wealthy by paying more than your average US citizen can. Unlike some certain other two-bit countries, the US does itself produce enough to go around; why not prioritize America first for once?
If we don’t have the political will to raise interest rates at a time when it’s so very clear that we have to, at least don’t throw our scarce resources into the trash by sending them abroad. But I’m sure that export controls violate some commandment or other of whatever economic orthodoxy Biden is following.
https://tradingeconomics.com/united-states/balance-of-trade
(supposed to be an answer to the bolded part)
Imo the deed is done and US and by extension Europe has just seen the beginning of inflation. Banks are saved, savings are doomed. Prepping for self sufficiency has never been more NOT a tinfoil hat wearer thing. Just my 2 c.
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United Kingdom13775 Posts
On June 01 2022 16:32 Acrofales wrote: That said, I do work in the industry and can hazard some guesses: without hearing details, my guess with the weird hub thing is that you are using a third party website, and are seeing something called virtual interlining. Oddly enough, no: this particular example was pulled from an airline's own website. In more standard times I've seen plenty of what you're talking about here, but in this case it just seemed like said airline for whatever reason simply reduced flights so much, even from sizeable cities like Houston, that Houston->NYC was a better alternative than some theoretical layover in large cities that actually start by going in something approximating the direction of Los Angeles.
On June 01 2022 16:32 Acrofales wrote: Flights in general have gotten a bit more expensive, but mostly the market has changed and people are flying shorter distances for leisure, and just plain less for business. This also means that airlines are shifting their focus on where to use their fleet/resources to shorter hauls. The market share of intercontinental flights all but disappeared during the pandemic and hasn't really recovered yet. Whereas travel inside Europe is absolutely booming. I don't know if there's a similar effect in the US, and flying coast-to-coast collapsed in favor of more trips to nearby states? That would explain more limited availability and generally higher prices on longer routes: airlines need to cover the risk of the flight not filling up, combined with reduced competition on such "risky" routes. TSA checkpoints show travel is up something like 20-30% from 2021 but down 10% from 2019. I'd call that "almost back to normal." Shorter routes are somewhat better, in that you don't get offered double-cross-country treks as often, but even hour-and-a-half flights that used to be top three routes have the weird shortage factor here.
Were it just higher prices, I wouldn't bat an eye; everything is more expensive, after all. It's the shortage that goes with it that's really strange. Obviously I can't speak to if the dynamics of the situation are different in other countries.
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I'm reminded of how autism diagnoses began to increase steadily a while back, and the main explanation for it is we're just acknowledging it more, and actually giving the diagnosis to more cases that deserve it. Not that there's some wave of autism overtaking humanity. More people feel free to acknowledge who they are, more people feel safe to do so, and so there are more people identifying as LGBTQ. But yeah, leave it to a Republican to fear monger the issue, humanity's gonna go extinct because we're all queer now, etc. Etc.
It wouldn't be the worst way for humanity to go out if it were true. It would be kinda awesome, honestly.
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United States24645 Posts
On June 01 2022 22:12 Blitzkrieg0 wrote:Show nested quote +On June 01 2022 15:44 RvB wrote: There's little he can do. Monetary policy is in the hands of the fed and while tighter fiscal policy would help reduce demand there's little political will in his party for that. Long term the best fix for high prices are high prices. Since it reduces demand and increases supply but that's not very useful in the short run. At least stop parroting this bullshit about how Biden can do nothing because the fed controls monetary policy. The president appoints the members of the fed. He reappointed Powell. If he didn't like the direction Powell was going he should have appointed someone else. There’s a difference between saying this is Biden’s fault (in part) and saying there is nothing he can do. You didn’t propose anything he can do. You pointed to his culpability, which is fair but different.
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