Schumer offers solution for inflation--get rid of Trump tax cuts

Toro

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I've got a better idea.

Stop wasteful politicians from spending ungodly amounts of money on things we don't need to be spending money on.

It won't "solve" the problem in itself, but it is a good first few hundred steps in the right direction.
 
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RoBo1988

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Stop wasteful politicians from spending ungodly amounts of money on things we don't need to be spending money on.
Agreed. We the people, have to stop looking at Washington DC as our ATM, but that would require some teaching on the Constitution, and how we are to be self-governed. Maybe, just maybe, we should "seek first, the kingdom of God" Matthew 6:33
 
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Thomas White

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This inflation is due to Biden's energy policies, turn on the spigots and it goes away. Inflation is already dishonestly kicking Americans into higher tax brackets.

How is inflation due to Biden's energy policies? While I certainly think Biden isn't doing enough to fight inflation, that is an argument I haven't heard. I'm curious to see how you back it up.
 
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jacks

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How is inflation due to Biden's energy policies? While I certainly think Biden isn't doing enough to fight inflation, that is an argument I haven't heard. I'm curious to see how you back it up.

I think it is a common belief that increasing the price of energy basically increases the price of everything else. If you Google something like "how energy policies affect inflation" you will find many articles about it. Now it may be worth it in the long term, but I don't think anyone is saying increased energy costs don't contribute to inflation.
 
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Arcangl86

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I think it is a common belief that increasing the price of energy basically increases the price of everything else. If you Google something like "how energy policies affect inflation" you will find many articles about it. Now it may be worth it in the long term, but I don't think anyone is saying increased energy costs don't contribute to inflation.
Energy prices definitely contribute to inflation, but they aren't the only driver. And considering high inflation is hitting most of the world right now, blaming the whole thing on energy policies in one country, and ones that really onl effect future demand, doesn't make sense.
 
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jacks

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Energy prices definitely contribute to inflation, but they aren't the only driver. And considering high inflation is hitting most of the world right now, blaming the whole thing on energy policies in one country, and ones that really onl effect future demand, doesn't make sense.
It never even occurred to me to blame all of inflation on energy policies. I was merely pointing out that energy policies can contribute to inflation. To what extent can vary. Are you trying to respond to someone's else post?
 
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Arcangl86

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It never even occurred to me to blame all of inflation on energy policies. I was merely pointing out that energy policies can contribute to inflation. To what extent can vary. Are you trying to respond to someone's else post?
No, more building off of what you said.
 
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This inflation is due to Biden's energy policies, turn on the spigots and it goes away. Inflation is already dishonestly kicking Americans into higher tax brackets.
Inflation has very little to do with Biden, unless you want to give him credit for getting us out of the pandemic and recession.
 
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JimR-OCDS

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Let's look at that list.
#1 is about regulations that apply to, and I quote "new, modified and reconstructed oil and natural gas sources,". So it will only effect new construction, not any capacity we currently have.
#2 The regulations that were overturned by Congress also only applied to new construction, not current capacity.
#3 This was a halt on new leases, not effecting any that are already granted. And that order was also already stricken down last summer. And a couple of weeks ago Biden announced a new leasing plan.
#4 The Keystone XL pipeline wouldn't be operational until some point next year anyway, and even if it was, it was for transporting oil from canada to the gulf. It wouldn't effect current oil supply at all, just make it a bit cheaper to be shipped.
#5 New standards that again will only apply to new construction.
#9 The Paris Accords are voluntary and aspirational, not mandatory.
#10 There is no obvious connection between higher prices and more staff in the White House helping to determine energy policy.
#11 This is a funding program to support projects that will in the long term reduce carbon admissions. It has nothing to do with the current energy supply.

I could go on, but the simple fact is that none of the things on your list have anything to do with current oil supply or are as easy to fix as "turning on the spigots." Do some of the policies Biden implemented have implications for energy costs in the future? Sure. But none of them can be tied to current energy costs. And of course that doesn't take into account the fact that inflation is high globally.

The problem with your list is #1. Biden stopped new production of oil and
gas and he did this while signing oil and trade contract with the Russians.
In other words, he gave the leftists his promise not to add new fossil fuel
production in the US, but behind their backs, signed a contract with the Russians, which he had to cancel when they invaded the Ukraine.
 
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Yarddog

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The problem with your list is #1. Biden stopped new production of oil and
gas and he did this while signing oil and trade contract with the Russians.
In other words, he gave the leftists his promise not to add new fossil fuel
production in the US, but behind their backs, signed a contract with the Russians, which he had to cancel when they invaded the Ukraine.
The problem with your position is that it's not factual. Domestic oil production is up and predicated to reach record numbers in 2023, according to the EIA.
 
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He didn't blame Putin for inflation but listed him as one of the reasons, which is factual. Inflation began with the opening up of the economy. At the end of recessions, inflation begins. Markets couldn't keep up with the demand and inflation soared. Putin had nothing to do with that but when he began massing troops on the border of Ukraine, stock markets reacted and oil prices began to soar. This led to greater inflationary numbers so Putin is to blame for that.
 
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Yarddog

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Listen to the words that are spoken in the video. List or not he said it. Look at the timeline of actions, they tell you a story.

Matthew 7:15-20
I listened to the video but I also listened to what isn't in the video.
 
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