The Biden Boom: Biden's Economy Has the Best Growth Record Since 1969

[Tiberius]

50 minutes ago, sherpa said:

 

Are you completely economically ignorant?

What did Biden say in debate.....Here's a hint....."No new drilling anywhere" 

Not on any land and not offshore.

What did Biden do his first day in office?

What do you think was the effect of that on energy prices when the whole of western Europe was threatened with supply issues?

 

 

 

Are you actually saying there has been no new drilling under the Biden administration? 

 

 

 

4 minutes ago, cle23 said:

 

 

This isn't entirely true either.  We are replacing COVID jobs in there too, not just creating jobs.  There is a difference.

Economies are always in flux, new jobs always replace "old" jobs. 

[cle23]

3 minutes ago, Tiberius said:

Are you actually saying there has been no new drilling under the Biden administration? 

 

 

 

Economies are always in flux, new jobs always replace "old" jobs. 

 

Yes, they are always in flux, but not to the extent they were in the past few years.  Obviously more jobs is better, but that isn't something Biden should be taking credit for.

Edited February 3, 2023 by cle23

[Tiberius]

Just now, cle23 said:

 

Yes, they are always in flux, but not to the extent they were in the past few years.  Obviously more jobs is better, but that isn't something Biden should be taking credit for.

Oh he should be. That's how it works. No president creates jobs, but they take the blame when economy is bad, now its good and he BETTER be taking credit for it. 

 

Good job Mr President! 

 

 

[sherpa]

19 minutes ago, Tiberius said:

Are you actually saying there has been no new drilling under the Biden administration? 

 

 

 

Economies are always in flux, new jobs always replace "old" jobs. 

 

I really don't think you guys get this.

 

Chevron and Exxon reported this week.

 

Both CEO's were interviewed extensively on CNBC.

 

The business they are in takes years from exploration to drilling to refining to sales. Five years at least.

 

The companies that continued to produce, in spite of the Biden nonsense, benefitted from him participating in making their already existing investments and ultimate production worth much more money than otherwise, coincident with western Europe making itself, through stupid decisions, more reliant on now unreliable Russian sources.

 

It has been quite apparent over the years that you have no idea about this stuff, so it's all a surprise.

[Tiberius]

1 minute ago, sherpa said:

 

I really don't think you guys get this.

 

Chevron and Exxon reported this week.

 

Both CEO's were interviewed extensively on CNBC.

 

The business they are in takes years from exploration to drilling to refining to sales. Five years at least.

 

The companies that continued to produce, in spite of the Biden nonsense, benefitted from him participating in making their already existing investments and ultimate production worth much more money than otherwise, coincident with western Europe making itself, through stupid decisions, more reliant on now unreliable Russian sources.

 

It has been quite apparent over the years that you have no idea about this stuff, so it's all a surprise.

Is that a yes or no, you are dodging because you are wrong. 

 

Yes or no? 

 

[cle23]

7 minutes ago, sherpa said:

 

I really don't think you guys get this.

 

Chevron and Exxon reported this week.

 

Both CEO's were interviewed extensively on CNBC.

 

The business they are in takes years from exploration to drilling to refining to sales. Five years at least.

 

The companies that continued to produce, in spite of the Biden nonsense, benefitted from him participating in making their already existing investments and ultimate production worth much more money than otherwise, coincident with western Europe making itself, through stupid decisions, more reliant on now unreliable Russian sources.

 

It has been quite apparent over the years that you have no idea about this stuff, so it's all a surprise.

 

Western Europe is stupid for helping Ukraine?

 

Also, the CEO of major oil companies are going to report whatever makes those major oil companies look the best, and whatever makes them the most money.  They're making record profits.

[JaCrispy]

 

I’ll have what Billsy is smoking, please…😉

[Unforgiven]

1 hour ago, Tiberius said:

 

Gaslighting 101

[Big Blitz]

Google search:

 

“Who fixed the Great Depression.”

 

Let that response you get promoted right at the top really sink in.  

 

Tells you all you need to know.   

 

Believe absolutely nothing these people and their enablers tell you.  


 

When you understand the only thing preventing us from being full on China are conservative judges that understand liberty and the Constitution this will all make sense.  
 

The thought process of Obama voters is not much different from Maoists.  

 

Trust nothing that comes from the State especially when Democrats control it.  They all think alike.  They don’t need marching orders.  They are a hive mind band of communists that only care about power.  

Edited February 3, 2023 by Big Blitz

[sherpa]

54 minutes ago, Tiberius said:

Is that a yes or no, you are dodging because you are wrong. 

 

Yes or no? 

 

 

 

Wrong about what?

I never dodge.

 

Two energy companies reported record earnings having nothing to do with new drilling.

 

The earnings were because of increased commodity costs on a commodity they produce which this president moron had a hand in the price of that commodity going up, a commodity which he has specifically mentioned he wants gone.

 

Is this hard?

 

 

[Roundybout]

46 minutes ago, Big Blitz said:

The thought process of Obama voters is not much different from Maoists.  

 

Trust nothing that comes from the State especially when Democrats control it.  They all think alike.  They don’t need marching orders.  They are a hive mind band of communists that only care about power.  

 

😂 you guys are living proof that McCarthyism and lead paint were a hell of a combination. 

 

Holy mackerel. Obama voters are Maoists. That's just an impressively bad take. 

[BillStime]

Can’t argue with Trump here 
 

 

[Big Blitz]

58 minutes ago, Roundybout said:

 

 

Holy mackerel. Obama voters are Maoists. That's just an impressively bad take. 

 

I’ve got more proof they are then you do they aren’t.

[Over 29 years of fanhood]

10 hours ago, Tiberius said:

Is he stroking out in this still? 

3 hours ago, Tiberius said:

 

 

idiots.. 🐑 🐑 
 

Quote

"We had a very rapid recovery from the pandemic. Economic growth was very high," Yellen said. "To bring inflation down and because almost anyone who wants a job has a job, growth has to slow."

https://amp.cnn.com/cnn/2022/12/12/economy/janet-yellen-inflation-lower-in-2023/index.html

[SoCal Deek]

I’m honestly thrilled that more people in America are working. Now, can we also make sure they’re also paying taxes? 

[All_Pro_Bills]

This 500k job gain is called seasonal adjustments.  A total of 2.5 million spread across several months.  Check the BLS site and educate yourself on how the model works and then understand these numbers are for lack of a better word, fake.

[Beach]

weird, im seeing most people worse off

[Joe Ferguson forever]

6 hours ago, sherpa said:

 

I really don't think you guys get this.

 

Chevron and Exxon reported this week.

 

Both CEO's were interviewed extensively on CNBC.

 

The business they are in takes years from exploration to drilling to refining to sales. Five years at least.

 

The companies that continued to produce, in spite of the Biden nonsense, benefitted from him participating in making their already existing investments and ultimate production worth much more money than otherwise, coincident with western Europe making itself, through stupid decisions, more reliant on now unreliable Russian sources.

 

It has been quite apparent over the years that you have no idea about this stuff, so it's all a surprise.

$1 trillion in profits for 2022  https://www.cbsnews.com/news/exxon-chevron-shell-conocophillips-record-profits-earnings-oil-companies-most-profitable-year/   unfortunately  (from NYT)

 "the companies have promised investors not to repeat the past mistake of drilling so much that prices crash. They have been hesitant to move aggressively to expand production — as President Biden urged them to do when supplies were pinched — or take meaningful steps to build profitability around cleaner fuels. That restraint could mean tighter markets and higher prices unless there is a serious recession.

Mike Wirth, Chevron’s chief executive, told analysts last week that the company would remain focused on “operational discipline.”Credit...Brendan Mcdermid/Reuters

Instead, executives said they were committed to returning surplus cash to shareholders by increasing dividends and buying back shares. Chevron announced a $75 billion buyback program last week. Exxon announced its own $50 billion repurchase plan in December.

 

43 minutes ago, Beach said:

weird, im seeing most people worse off

yes, wages aren't keeping up with inflation yet.  But inflation is down to the mid 6's and wages should increase as the competition for workers increases.  We'll see.  Somehow employers manage to keep wages down.

Edited February 4, 2023 by redtail hawk

[BillStime]

7 hours ago, sherpa said:

 

Are you completely economically ignorant?

What did Biden say in debate.....Here's a hint....."No new drilling anywhere" 

Not on any land and not offshore.

What did Biden do his first day in office?

What do you think was the effect of that on energy prices when the whole of western Europe was threatened with supply issues?

 

 

 

Had zero to do with todays gas prices but Fox News thanks you for your loyal ignorance 

[Roundybout]

19 hours ago, Chris farley said:

tell that to the folks surviving in the bricks.

 

LMAO

you talking about Steph getting but hurt about multi family housing going near his 30 million dollar mansion? that righty?

 

https://nypost.com/2023/01/30/stephen-and-ayesha-curry-object-to-new-housing-development/

 

 

Absolutely lmao screw that guy and his stupid mansion. 

14 hours ago, Big Blitz said:

 

I’ve got more proof they are then you do they aren’t.

Ok, let’s see it. 

[Tiberius]

16 hours ago, sherpa said:

 

Wrong about what?

I never dodge.

 

Two energy companies reported record earnings having nothing to do with new drilling.

 

The earnings were because of increased commodity costs on a commodity they produce which this president moron had a hand in the price of that commodity going up, a commodity which he has specifically mentioned he wants gone.

 

Is this hard?

 

 

You are changing the subject. You claimed Biden had an effect on energy prices because of his drilling policy. 

 

That's bologna. Keep twisting and spinning, it's funny. 

[BillsFanNC]

12 hours ago, Beach said:

weird, im seeing most people worse off

 

Trusting the evidence of your eyes and ears?

 

Imagine that.

[Tiberius]

12 hours ago, Beach said:

weird, im seeing most people worse off

And to think the media didn't come to you to find that out. Imagine that. 

 

 

[Beach]

8 minutes ago, Tiberius said:

And to think the media didn't come to you to find that out. Imagine that. 

 

 

well its a boom right?  the biden BOOM!  i thought a BOOM would be more noticeable.

[Roundybout]

Republicans: “nooooo you can’t just get a better job, you gotta make my Big Mac nooooooo”

[sherpa]

2 hours ago, Tiberius said:

You are changing the subject. You claimed Biden had an effect on energy prices because of his drilling policy. 

 

That's bologna. Keep twisting and spinning, it's funny. 

 

You are way too far gone to ever entice me to have a discussion with you. 

Simply not worth the effort.

 

One needs look no further than Biden's first day in office, when combined with a modicum of knowledge of the energy markets to see where this administration has steered things.

He had a huge bit of bad luck when the Russians did what they did, but there isn't a rational soul that believes his posture on fossil fuel has been non impactful.

His desperate, and failed,  cries to the Saudis and the touchy feely with Venezuela were a tacit expression of his failure. 

 

    " Of course, one reason why the capital availability is extremely limited is because of the fear that President Biden and administration officials like Energy Sec. Jennifer Granholm, Treasury Sec. Janet Yellen and Transportation Sec. Pete Buttigieg have created with their constant statements that their goal is to get rid of the industry entirely over the next decade.

    Never mind that this is a physical and economic impossibility, the reality that that is the overarching goal of the current leadership at the federal level has the inevitable impact of destroying investors’ willingness to commit billions of dollars to long-term energy infrastructure projects, or aggressive drilling programs designed to rapidly increase domestic production."

 

https://www.forbes.com/sites/davidblackmon/2022/09/20/bidens-kind-of-insane-energy-policies-have-created-an-entirely-rational-investor-response/?sh=45e5994d174d

[Joe Ferguson forever]

4 hours ago, sherpa said:

 

You are way too far gone to ever entice me to have a discussion with you. 

Simply not worth the effort.

 

One needs look no further than Biden's first day in office, when combined with a modicum of knowledge of the energy markets to see where this administration has steered things.

He had a huge bit of bad luck when the Russians did what they did, but there isn't a rational soul that believes his posture on fossil fuel has been non impactful.

His desperate, and failed,  cries to the Saudis and the touchy feely with Venezuela were a tacit expression of his failure. 

 

    " Of course, one reason why the capital availability is extremely limited is because of the fear that President Biden and administration officials like Energy Sec. Jennifer Granholm, Treasury Sec. Janet Yellen and Transportation Sec. Pete Buttigieg have created with their constant statements that their goal is to get rid of the industry entirely over the next decade.

    Never mind that this is a physical and economic impossibility, the reality that that is the overarching goal of the current leadership at the federal level has the inevitable impact of destroying investors’ willingness to commit billions of dollars to long-term energy infrastructure projects, or aggressive drilling programs designed to rapidly increase domestic production."

 

https://www.forbes.com/sites/davidblackmon/2022/09/20/bidens-kind-of-insane-energy-policies-have-created-an-entirely-rational-investor-response/?sh=45e5994d174d

But big oil could invest heavily in alternative energy source development.  Their advertisements tell us that they are but their balance sheets say no.

[sherpa]

2 hours ago, redtail hawk said:

But big oil could invest heavily in alternative energy source development.  Their advertisements tell us that they are but their balance sheets say no.

 

Of course they could, and they do.

My daughter is part of the management team of just such a company that was purchased be a very large oil company.

 

They could also invest in any number of other things.

Fortunately, they are publicly traded corporations that have to answer to shareholders, and they are very good at what they do, so they do it.

 

[Unforgiven]

Another Gaslighting 101 post brought to you by a DNC cultist.

[HamSandwhich]

I knew someone was going to do this and the OP is just the loon to do it. Yes, quite the boom, it would have been 1000x larger if he just stayed in his basement after the election and didn't do a thing, spending on his boondogle omnibus BS. Inflation wouldn't have been a thing, but here we are. 

[Tiberius]

11 hours ago, HamSandwhich said:

I knew someone was going to do this and the OP is just the loon to do it. Yes, quite the boom, it would have been 1000x larger if he just stayed in his basement after the election and didn't do a thing, spending on his boondogle omnibus BS. Inflation wouldn't have been a thing, but here we are. 

Actually it really can't get much better. Best unemployment in 50 years!!! 

 

That Biden is a good one! 

[HamSandwhich]

3 hours ago, Tiberius said:

Actually it really can't get much better. Best unemployment in 50 years!!! 

 

That Biden is a good one! 

It’s all a house of cards and you know it

[T master]

On 2/3/2023 at 8:04 AM, BillStime said:

 

 

Well when you factor in that when Biden took office after thousands of businesses shut down & the millions of people that were unemployed due to the covid shut down & then the added businesses that closed after words & those employees becoming unemployed .

 

Fast forward 2 yrs when in need of positives to a failing presidency come about !

 

Let's not forget about those that have decided to stay home and not go back to work that won't be filing for unemployment, add to that the new business opening because of people realizing that covid wasn't exactly as it was made out to be then the businesses that are reopening that can now sustain themselves again .

 

In steps those looking to give the POTUS a boost after all of his failures over the first 2 yrs & Joe is now looking to be a good pres. All the while you and others slam the previous POTUS & you motivation is to actually cover up the inadequacies of a incompetent president .

 

Of course this is all theory & or speculation which anyone can look back & make their own determination as to my reply but i'm just taking a page out of you play book .

 

So we can either read those postings you put up or use common sense to see exactly why this has or is happening to make a determination why it is what it is .

Edited February 5, 2023 by T master

[Tommy Callahan]

This is the same crap that hurt Obama.  He would just champion his economy that was mostly working for the investor class and above.  Telling people their eyes are lying.  Same thing Biden and the Dems are doing now. It's so daft. 

[BillStime]

22 minutes ago, T master said:

 

Well when you factor in that when Biden took office after thousands of businesses shut down & the millions of people that were unemployed due to the covid shut down & then the added businesses that closed after words & those employees becoming unemployed .

 

Fast forward 2 yrs when in need of positives to a failing presidency come about !

 

Let's not forget about those that have decided to stay home and not go back to work that won't be filing for unemployment, add to that the new business opening because of people realizing that covid wasn't exactly as it was made out to be then the businesses that are reopening that can now sustain themselves again .

 

In steps those looking to give the POTUS a boost after all of his failures over the first 2 yrs & Joe is now looking to be a good pres. All the while you and others slam the previous POTUS & you motivation is to actually cover up the inadequacies of a incompetent president .

 

Of course this is all theory & or speculation which anyone can look back & make their own determination as to my reply but i'm just taking a page out of you play book .

 

So we can either read those postings you put up or use common sense to see exactly why this has or is happening to make a determination why it is what it is .

Failures? Biden got more done in two years than Trump did in four.

 

Everything was just two weeks away with Trump. 
 

Keep making excuses 

[Tenhigh]

Just now, BillStime said:

Failures? Biden got more done in two years than Trump did in four.

 

Everything was just two weeks away with Trump. 
 

Keep making excuses 

[T master]

35 minutes ago, BillStime said:

Failures? Biden got more done in two years than Trump did in four.

 

Everything was just two weeks away with Trump. 
 

Keep making excuses 

 

I'm just pointing out facts to why the economy looks better coming from where it was to where it is & who is looking to benefit from it !

 

As i have said in prior posts -  in the economy prior to Biden taking office i made more money than i have ever made in my life yet there are those like you that said it was bad because as we have all realized that's just what you do !!!

 

And even though i can & have admitted in past posts that my vote was for the lessor of 2 evils. I didn't agree with a lot of ways & different things that Trump did & never was behind him 100% yet you have & will follow Joe off the edge of the cliff & will NEVER admit any short comings believing the fool that is now the POTUS as one of the best .

 

And like you have with this post pump Joe up every chance you get with only 1 top motivation in mind & that is to dis anything & everything Trump !! 

 

How much do you get paid for this ???? Free food stamps, Health care, maybe gov't housing ... I know its the Obama phone to go along with your "Free internet" that's it isn't it ??

 

And Biden has screwed up more in 2 years than the previous did !! 

Edited February 5, 2023 by T master

[Gene Frenkle]

1969? Nice.

[Tiberius]

2 hours ago, HamSandwhich said:

It’s all a house of cards and you know it

Sour grapes 

[HamSandwhich]

2 hours ago, Tiberius said:

Sour grapes 

Not really, I root for any President to do well regardless of party, it is in Americas interest for the country to do well. He has failed miserably. I wish he had done better and made the country proud, instead he followed in Obamas shoes with steroids. No one thinks they’re better off than 2 years ago. He and his followers (you), are tone deaf to the American people.