You've gotten some history on why it was so high at the time. It was the second time most American realized parts of our economy are tied the global economy. Yes, Vietnam, Middle East turmoil and instability- some of it manipulated by us in an attempt to install or control governments back when our CIA was ruthless and the Church hearing were novel.
Not true. But again- we went through a world wide pandemic. Not only was our consumption down, but it was down around the world and thus manufacturing almost came to a halt. This is something that economists were writing about in 2020. However, getting back on track has been difficult because now, people are buying more than before the pandemic. So, the logistics has changed for the better. Now we can't get products in fast enough - and with that increased demand, comes increased prices. That's just plain capitalism.
Global oil prices are up. You've seen enough charts that this is the case in Europe, Asia and Africa too. You want lower prices fast? That would take 'socialist' methods. In those countries where the government demands prices, like Venezuela, they are not having record highs. Gas is like is less than ten cents a gallon, yes in 2022 it's .10/gal in Venezuela. However, that comes with a cost to capitalism.
You have to chose, either companies can decide what to charge consumers, or government can.
You want to blame government? Take of the gloves.
You and I both know this hasn't happened in almost 50 years.
When we try to do this for the federal minimum wage, people like you complain that McDonald workers don't need $14/hr.
It's not. That's just not factually correct. It was worse during the recession thanks to Bush - both of them.
Employment is the lowest it's been in 50 years. That keeps this from spinning out of control.
So far, you've been short on facts, and high on emotions. This statement is a reflection of your emotions.
(A consensus means everyone - not just a majority. So it's either a specific number of 'Major Head of Nations' or a Consensus)
I highlighted this because you've said it since Biden's election and it's just a blatant lie. I wish you could make your points on facts, I didn't have to go and correct you, so your follower can at least have some truth among his hatred of this country.
Biden was the choice of most of our allies and world leaders. And, when he made decisions on what the US and NATO would do in reference to Ukraine and Russia, most of the world followed us. His leadership has not only strengthened NATO, but has nations that are famously and historically neutral for almost 200 years, looking to join NATO.
I'll be interested in where you have drawn your conclusion - since you claim it's fact...
President Biden on Friday spoke with the leaders of Finland and Sweden and said he would support a decision by each country to join NATO, the White House said. “President Biden underscored hi…
thehill.com
A new survey of 16 publics finds a significant uptick in ratings for the U.S., with strong support for Joe Biden and several of his major policy initiatives. But many raise concerns about the health of America’s political system.
www.pewresearch.org
The administration has played a weak diplomatic hand on Ukraine skilfully. But the crisis is only beginning
www.economist.com
World leaders congratulated U.S. President-elect Joe Biden on his victory, cheering it as an opportunity to fortify global democracy and celebrating the significance of Americans having their first female vice president.
apnews.com
It's you so-called Conservative/QAnon/Republican Americans that are disparaging toward our leaders.
And this enough, you've done nothing but demonstrate how emotional and immature your political analysis is and are still trying to turn opinion into fact.
Since when you do have oil investments? Last checked, you were unemployed (in an almost full employment economy) living with your kid. You told us this yourself. So now you have discovered investments that you can live off of?
Why do you cons need to lie to make your point? Ed, the way you responded to this email makes it clear that you are forgetful, not as intelligent as you think you are, at least in your response to my sharing an Email I received from someone I have know for almost 5 years now. This person has stated to me that I may share some of their emails. This is all I need to reveal to you other than one fact, this person was not alive in the seventies like you and I were, being not yet 40 years old. I never stated that I was unemployed as such but said
I am disabled, I personally don't have any investments at all and I never said I live with my D-aughter but it is her desire to have me live with her in the future. Just like all of the articles shared on here are other peoples words, facts and opinions, I also read, copy and paste to share with others.
I will pass along your post to the person you are attempting to debate.
