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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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Biden stands next to ‘lowering costs for families’ sign & says he understands frustrations of Americans paying a lot more for everything

 

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President Biden today said he’s going to “work like the devil” to get gas prices down, but inflation was also addressed. What makes it even more ludicrous is that Biden said he knows families are paying a lot more amid rising inflation, all while standing over a “lowering costs for families” Build Back Better sign:

 

 

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MAKE AMERICA DEPENDENT AGAIN: 

 

As Oil Nears $100, Saudis Snub U.S., Stick to Russian Pact Amid Ukraine Crisis.

 

Rising oil prices and fears of a Russian invasion of Ukraine have created a dilemma for Saudi Arabia: Help the West by pumping more crude to tame the market, or stand by a five-year-old oil alliance that is helping Moscow at the expense of Washington.

 

For now, the world’s largest crude exporter is sticking with Russia.

 

President Biden has repeatedly called on Persian Gulf producers to pump more oil to reduce gasoline prices that, for Americans, are about twice as high as they were earlier in the pandemic. Those calls have grown more urgent as oil prices have risen toward $100 a barrel for the first time in nearly eight years, and threaten to go higher amid a Russian troop buildup along the Ukrainian border.

 

Instead, the Saudis have said they won’t pump more than they agreed to last year as part of a deal between the Organization of the Petroleum Exporting Countries and Russia, an alliance called OPEC+. That pact allows for production increases of 400,000 barrels a day each month, but it has done little to stem the rise in oil prices, and the Saudis have pumped less than their share, according to the International Energy Agency.

 

On Wednesday, Brent crude, the international oil benchmark, rose 1.1% to $94.26 a barrel. It has surged over 20% this year.

 

 

 

Joe Biden did that.

 

https://www.wsj.com/articles/as-oil-nears-100-saudis-snub-u-s-stick-to-russian-pact-amid-ukraine-crisis-11645015415

 

 

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Sleepy Joe’s assault on the fossil fuel industry ( and our wallets ) continues. If he and Secretary Pete have their way we’ll be riding scooters and bicycles on the freeway so the roads are “ safe “ for all. This administration unabashedly hates cars, the suburbs and individual freedom. 

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On 2/10/2022 at 5:13 PM, B-Man said:

 

 

Biden stands next to ‘lowering costs for families’ sign & says he understands frustrations of Americans paying a lot more for everything

 

bidencosts.jpg

 

President Biden today said he’s going to “work like the devil” to get gas prices down, but inflation was also addressed. What makes it even more ludicrous is that Biden said he knows families are paying a lot more amid rising inflation, all while standing over a “lowering costs for families” Build Back Better sign:

 

 

 

I know this is an out of context snip but what in the world was he saying in the last 5 seconds?  :huh: :wacko:

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2 minutes ago, B-Man said:

 

 

COULD’VE JUST STOPPED WITH “BIDEN DISHONEST.” 

 

Obama official: Biden “dishonest” to blame inflation on supply-chain crisis.

 

https://hotair.com/ed-morrissey/2022/02/17/obama-official-biden-dishonest-to-blame-inflation-on-supply-chain-crisis-n449277

 

 

 

 

Again not sure how dishonest he is but dammit.  Do something about it.  :wallbash:

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THEY’RE TOO KIND: 

 

‘Looks Like Jimmy Carter’: ABC Panel Torches Biden Over Inflation, Economy.

 

Bad as Carter was as president, he was basically decent and did learn a bit on the job. He asked for big hikes in defense spending after the Soviets invaded Afghanistan, and appointed inflation hawk Paul Volcker to chair the Fed.

 

Biden shows no willingness or ability to learn on the job, and given his increasing senescence, will only get worse.

 

https://www.newsbusters.org/blogs/nb/kevin-tober/2022/02/20/looks-jimmy-carter-abc-panel-torches-biden-over-inflation-economy

 

 

 

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Home prices rose 18.8% in 2021 - the biggest increase in 34 years 

by Keith Griffith

 

US home prices saw their biggest increase in at least 34 years in 2021, according to data released Tuesday, as buyers spent the year snapping up homes and builders struggled to keep up. Home prices surged 18.8 percent last year, according to the S&P CoreLogic Case-Shiller US National Home Price index, the biggest jump since its creation and much more than the 10.4 percent jump seen in 2020. 

 

https://www.dailymail.co.uk/news/article-10540315/Home-prices-rose-18-8-2021-biggest-increase-34-years.html

 

 

 

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Listen guys, Kamala told us that the cost of everything is going to go up. 

 

All self inflicted.  No underlying issues in February of 2020.  Nice job all around. 

 

 

Just got the alert it is now more expensive to rent then own a home in 26 of the 50 largest urban areas.   

 

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