I disagree with conservatives on a lot of things, but few of their propaganda portfolios are so fact free as the ones involving oil.
By what metric were we energy independent under Trump but not independent under Biden?
For the record, Trump also complained to OPEC that they were keeping prices too high:
https://www.cnbc.com/2019/02/25/oil...-opec-the-world-cannot-take-a-price-hike.html
lol wut? No.
What you said is entirely backwards. If you'd said "gravity causes objects with mass to repel each other," you would have been no more wrong.
Inflation is a common sign of a growing economy: as people get more money, they want to spend more money. More spending means more demand, which means higher prices. Cutting taxes is one method of stimulating the economy, because it encourages spending by putting more money in people's pockets. Low interest rates operate similarly (though that money flows into the economy via different routes). If you want to slow inflation, cutting taxes is a terrible idea. Likewise, this is why the Fed is talking about raising interest rates.
No, it peaked in late 2019 / early 2020 - fully 8 months before Biden was even elected. But good job on reading a graph poorly.
U.S. Exports of Crude Oil (Thousand Barrels per Day)
No, it isn't phrased "just fine" and it does require "mind reading." I re-read the posts and I don't know what your point was, either.
This study indicates that inflation is bad for the economy in the short run. It also shows that the long term effects can't be easily determined.
The relationship between inflation and economic growth (GDP): an empirical analysis | Ivory Research
While a small amount of inflation is good, around 2% large inflation is not. And when you have historic levels it's bad.
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