Blame Biden

[Czar]

How are the democrats controlling the price of and quantity of oil sold by OPEC and Russia?

Do you see the fraudulent arguments folks. This question is asked as if I somehow said that the Democrats are CONTROLLING the price of and quantity of oil sold by OPEC and russia.

I have been clear that the Democrats and similar thinking parties are adding to the high prices with their foolish policies. OPEC and Russia will always try to have high prices. Trump started pumping oil when in power making the US the largest producer of oil and energy self-sufficient for the first time. The Dems/Liberals of Canada/etc have significantly helped to squander this ability in the west. And you are paying for it. Right into the stock price and dividends of my shares, by the way.

 

[Frankfooter]

Do you see the fraudulent arguments folks. This question is asked as if I somehow said that the Democrats are CONTROLLING the price of and quantity of oil sold by OPEC and russia.

I have been clear that the Democrats and similar thinking parties are adding to the high prices with their foolish policies. OPEC and Russia will always try to have high prices. Trump started pumping oil when in power making the US the largest producer of oil and energy self-sufficient for the first time. The Dems/Liberals of Canada/etc have significantly helped to squander this ability in the west. And you are paying for it. Right into the stock price and dividends of my shares, by the way.

How exactly are democratic policies adding to global high prices of oil?

rump enacted zero policies that impacted oil and gas prices while in power. All he did was lower taxes for billionaires.

 

[Czar]

How exactly are democratic policies adding to global high prices of oil?

rump enacted zero policies that impacted oil and gas prices while in power. All he did was lower taxes for billionaires.

As you can see from the lies, no mention of all the policies encouraging oil production in the US. The Biden got in. Meanwhile, Trudeau and the foolish Europeans have been stifling reliable energy investment for years.

They say keep the oil in the ground, close the nuclear power plants, oppose pipelines with over-regulation or cancellation. All this in favour of unreliable energy. then.....we discover a shortage of non-OPEC oil supply that can bypass the cartel. And now you know a big reason why it costs you over $100 dollars to fill up. If you like that vote liberal or NDP. You can enjoy another hike of your carbon tax which is planned to go way up.

 

[Frankfooter]

As you can see from the lies, no mention of all the policies encouraging oil production in the US. The Biden got in. Meanwhile, Trudeau and the foolish Europeans have been stifling reliable energy investment for years.

They say keep the oil in the ground, close the nuclear power plants, oppose pipelines with over-regulation or cancellation. All this in favour of unreliable energy. then.....we discover a shortage of non-OPEC oil supply that can bypass the cartel. And now you know a big reason why it costs you over $100 dollars to fill up. If you like that vote liberal or NDP. You can enjoy another hike of your carbon tax which is planned to go way up.

Word salad.

Clearly you can't debate the points.

 

[Czar]

Word salad.

Clearly you can't debate the points.

And that folks is the response from the left about your high costs these days. Remember that when you vote.

 

[Frankfooter]

And that folks is the response from the left about your high costs these days. Remember that when you vote.

You act like you actually presented a logical argument with points.
Interesting.

 

[SeaGirth]

Russia doesn't count as Europe. What did they call the orange clown that was universally ridiculed around the world ?

You obviously haven’t left your basement in a very long time and are totally out of touch.

 

[Czar]

Inflation is global, the causes are more likely leftovers from covid shutdowns. Chip shortages, container ship backlog and now fuel and food worries from the Ukraine war. Its not the result of spending which likely only added about 1/10% of GDP anywhere.

The frauds exposed again, by economists who ACTUALLY KNOW what they are talking about.

Folks, Frankfooter intentionally lies and misleads you to try and get his political agenda implemented.

High levels of federal spending hurting Canada's fight against inflation: Scotiabank | Financial Post

 

[richaceg]

Let's not blame Joe Biden...he's going to fix this Obama mess that Trump failed to do...

 

[toguy5252]

Let's not blame Joe Biden...he's going to fix this Obama mess that Trump failed to do...

If only the former epidemiologist/military expert/scientist/economist (I could go on) in chief hadn't had the election stolen from him he would have fixed the problem. It is not his fault it was the governor and Sec/State in Georgia.

 

[richaceg]

Word salad.

Clearly you can't debate the points.

Obviously you know shit about what he's telling you...funny about the left...if the dems are shitting the bed...they still pretend it's good shit....

 

[Frankfooter]

The frauds exposed again, by economists who ACTUALLY KNOW what they are talking about.

Folks, Frankfooter intentionally lies and misleads you to try and get his political agenda implemented.

High levels of federal spending hurting Canada's fight against inflation: Scotiabank | Financial Post

That's an opinion piece. And a kind of crazy one from the folks at Scotia
“In effect, high levels of fiscal spending will necessitate an unnecessarily large crowding out of private spending,” they said.

1) fiscal covid spending is pretty much done already
2) its not like there is a limit to how much spending can happen in the economy between private/government

 

[Frankfooter]

Obviously you know shit about what he's telling you...funny about the left...if the dems are shitting the bed...they still pretend it's good shit....

The dems had nothing to do with covid supply issues, climate change food costs or high oil prices.
Those are the global issues that the righties want to blame entirely on Biden.

Its like if you really believe its Biden's fault then you must think its not Trudeau's that we have similar issues here.

 

[Czar]

That's an opinion piece. And a kind of crazy one from the folks at Scotia
“In effect, high levels of fiscal spending will necessitate an unnecessarily large crowding out of private spending,” they said.

1) fiscal covid spending is pretty much done already
2) its not like there is a limit to how much spending can happen in the economy between private/government

The simple-minded response folks. 'Crazy' stuff from the economists at the bank of Nova Scotia is what the frauds say. And I suppose the RBC guys are crazy too(they are mentioned in the attached article - only part of the article is quoted). Folks, the socialists like Frankfurter are malevolent frauds incapable of operation an economy. Keep them out of power.

The Liberal plan to curb inflation with ... more inflation

This week, Deputy Prime Minister Chrystia Freeland is reportedly set to unveil a $7 billion package intended to help address Canada’s historically high rates of inflation.

There’s just one problem: When it comes to curbing inflation, dumping yet another $7 billion into the economy is probably among the least advisable medicines.

On Thursday, according to the Toronto Star Freeland is set to deliver a “significant” speech on Bay Street outlining an inflation strategy that will include pouring cash into entitlements such as Old Age Security and the Canada Child Benefit in order to help Canadians grapple with rising costs of living.

Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.

Inflation, at its core, is a problem of too much money chasing too few goods. If the Canadian economy has a lot of cash on hand and not a lot of places to put it, it’s going to result in consumers bidding up the price of whatever is left.

The ripple effects of the COVID-19 pandemic are largely to blame for chronic shortages across the Canadian economy — motor fuel being the most obvious example.

At the same time, the economy is utterly top-heavy with cash. Estimates from the end of last year had Canadians sitting on more than $280 billion in excess savings accumulated during the pandemic — the highest in the G7.

“Unleashed, that amount of spending could push demand growth substantially higher in the coming years,” read an October analysis by RBC. One of the inevitable results, they suspected, would be “inflation pressures.”

One of the primary factors that helped swell Canadian bank accounts to historic inflation-baiting levels was the firehose of government cash resulting from the single priciest streak of peacetime deficit spending in Canadian history.

On the eve of the COVID-19 pandemic, Canadian federal debt stood at $686 billion. That’s now ballooned to more than $1.1 trillion. Even after a sharp scale back in government spending for the 2022 budget, Canada is still spending well above pre-pandemic levels; this year’s $52.8 billion deficit represents $1,400 per Canadian in new debt.

Government spending has been so massive, in fact, that the average Canadian was ultimately sitting on more cash than if a pandemic had never happened. Or, as the Bank of Canada put it, “extraordinary fiscal support more than offset (pandemic) income losses, so on balance, household income increased.”

A similar phenomenon has been witnessed in the United States, where COVID spending was so generous that stimulus measures “ended up overcorrecting for the downturn by boosting income and savings above what they would have been absent a pandemic,” according to a report by the U.S. Congress’ Joint Economic Committee.

https://nationalpost.com/news/canada

 

[Frankfooter]

The simple-minded response folks. 'Crazy' stuff from the economists at the bank of Nova Scotia is what the frauds say. And I suppose the RBC guys are crazy too(they are mentioned in the attached article - only part of the article is quoted). Folks, the socialists like Frankfurter are malevolent frauds incapable of operation an economy. Keep them out of power.

I love the fact that you abandoned your claim and just moved on to a different copy and paste article.
Very telling.

 

[Czar]

I love the fact that you abandoned your claim and just moved on to a different copy and paste article.
Very telling.

You see how the frauds work. I never abandoned any claim regarding inflation. I posted a second article with bank economists backing up my belief that spending policies(stupid leftie spending policies) are making inflation worse. You described the first article as crazy. I showed that there is more than one bank economic group is saying the same thing.

Then Frankfrauder comes up with lies that I am 'abandoning my claim'. Are you really that incompetent in formulating an argument?

 

[Frankfooter]

You see how the frauds work. I never abandoned any claim regarding inflation. I posted a second article with bank economists backing up my belief that spending policies(stupid leftie spending policies) are making inflation worse. You described the first article as crazy. I showed that there is more than one bank economic group is saying the same thing.

Then Frankfrauder comes up with lies that I am 'abandoning my claim'. Are you really that incompetent in formulating an argument?

No, you didn't defend this claim that covid spending a year ago made oil prices, food prices and covid supply issues worse.
You just found another opinion piece devoid of facts.

 

[jcpro]

You see how the frauds work. I never abandoned any claim regarding inflation. I posted a second article with bank economists backing up my belief that spending policies(stupid leftie spending policies) are making inflation worse. You described the first article as crazy. I showed that there is more than one bank economic group is saying the same thing.

Then Frankfrauder comes up with lies that I am 'abandoning my claim'. Are you really that incompetent in formulating an argument?

Hint? Any "debate" with Franky is for purely entertainment value. You're wasting perfectly good anger on him.

 

[Frankfooter]

Hint? Any "debate" with Franky is for purely entertainment value. You're wasting perfectly good anger on him.

I'm sure Czar, like most of the right wingers here, have plenty of anger to draw on.

 

[Czar]

No, you didn't defend this claim that covid spending a year ago made oil prices, food prices and covid supply issues worse.
You just found another opinion piece devoid of facts.

Show us in detail where this opinion piece is incorrect if you believe that it is devoid of facts.

You see how the frauds work folks.

They just make mindless statements like the article I posted is devoid of facts. In fact, the article has several discussion points. Please ignore the grade school level of response which seems to be all that Frankfooter is capable of generating.

If he had a reasonable amount of intelligence, he could post on here what is incorrect in the article and an overall assessment of how it is wrong.

Not likely.

And that is how the frauds work.