Reply to $7/gallon gas is coming

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Repeat after me:

The President does not control gas prices.

That is true for Biden, was true for Trump, was true for Obama, and was true for Bush or any other President before him.[/quote]

Biden shut down the keystone pipeline on his first day of office. And he flooded the US with money causing the highest inflation in over 40 years. Elections have consequences. I hope we make it another three years. [/quote]

Inflation is equally high across the world, in many countries higher than US.[/quote]

Oh yeah? Can you tell us which peer countries have "equal" inflation? Hint: it's been posted several times in this thread.

Some of you all just imbibe talking points without a second thought. [/quote]

All of them?

UK, Germany have the highest inflation of the last 30 years. Comparing absolute numbers is misguided as their index gives gas prices a much lower weight given the dearth of public transportation.

So yeah, if the world is experiencing the highest inflation in decades it’s not because Joe Biden has been in office for 1 year.

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Nice tapdance, goalpoast moving.[/quote]

No tap dancing, this is basic Economics. Every country has it’s own inflation basket based on that country’s consumption. Inflation is soaring for poorer countries where Food is a large percentage of their basket.

[url]https://qz.com/2032123/how-countries-measure-inflation-differently-with-cpi-basket-weight/[/url][/quote]

That is correct. Those of us who are not Americans and can compare to our home countries and other countries we've lived in know that leaders are not powerful enough to effect change when it comes to global economic forces. Not Biden, or Merkel or Macron, or anyone else in recent years. It's completely stupid to accuse any western leader, even the ones you don't like, of significantly contributing to your economic woes.

Now you could say that some of the inflation will be Putin's fault, since he decided to invade an innocent country and set off a firestorm of pretty inevitable sanctions. But that's as far as it will go. The inflation was already there to begin with, due to the pandemic and global market forces.

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