Trump Administration Predictions (1 Viewer)

There is a galling side story to oil. Biden & Co. endlessly blustered that Trump supported dictators. But, the Biden in attempting to shutdown the US oil industry made deals to import oil from Venezuela and removed oil sanctions from Iran. Biden's attempts at shutting down US oil production also helped Russia out. Biden's foreign policy has been a disaster.

Not only that, but the president dictator (Maduro) of Venezuela "stiffed" Biden concerning allowing Venezuelan oil to be imported into the US in exchange for fair elections in Venezuela. Of course those fair elections never happened and it appears that the US press never condemned Biden for being such a patsy. Biden failed to stand-up for the US, gave dictators what they wanted, and even helped Maduro out by allowing disgruntled Venezuelans into the US!
You should fact check that info. What you just wrote is exactly propaganda.
 
Why is everything you disagree with propaganda? PROVE that Steve is incorrect. Post your sources that say otherwise.
 
Why is everything you disagree with propaganda? PROVE that Steve is incorrect. Post your sources that say otherwise.
You want me to write a report on the state of Americam oil production?
I certainly read the proper industry journals for that. Not my job to do that. You don't really don't know much about oil and gas, do you? Or Mexicans either for that matter.
 
I see Mr Trump had his black crayon out to pardon those rioters of Jan 6th. It must be a relief for all those families of the rioters to have their loved ones released and free from persecution.
Col
 
So Biden was ham-strung the duration of his term due to Trump's first term. Got it.
Inflation is not, nor has it ever been, solvable in an instant.

Other than inflation, the Biden Administration oversaw substantial economic strength. The left's preoccupation with woke gave the Right's messaging power, even among the Independents. Which is why the government shifted to the right this time.
There is a whole list of verifiable indicators that prove we actually did well under Biden. Except of course Conservatives feeling hopeless and the inevitable difficulties with inflation. Which, by the way Trump will take credit for it residing over the reduction. Just like he took credit for the economy created during the Obama Administration.
Americans are for the most part super ignorant when it comes to macro economic forces. They tend to believe their masters. Sadly for the middle class neither party is talking about the real things we need to do.

Divide and Conquer that's all they know. It's amazing how many people are so willing to drink that cool aid.

When the Trump administration imposes tariffs, how do you think is should be implemented?
 
It amuses me...you think you're objective and "centered", but you lean as far left as you accuse Pat and others of leaning right. You the epitome of what you accuse her of...

I hope you are in the basement of that glass house when you are throwing those stones
 
Or Mexicans either for that matter.
I know that not all illegal immigrants are Mexican (in fact, very few are these days) although Mexico facilitates their progress through Mexico in partnership with the drug cartels. I do know that ALL illegal immigrants are by definition criminals from their entry into the country and then every day they stay here illegally. Our country used to be the shining light on the hill that everyone who wanted freedom and a chance aspired to. Now, we punish the innocent and claim the criminals are victims.

Do you think the illegal immigrants are not 100% criminals? OK - we won't call the children criminals since they technically are brought here either by parents or sold to others who force them into slavery after they get past the border.
 
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Inflation is not, nor has it ever been, solvable in an instant.
Correct. But Biden caused it in an instant by forcing up the price of oil. Guess he didn't understand it wasn't just you and me out for a Sunday drive in our gas-guzzler but ALL goods transported anywhere in the country. whoops. I guess when you raise the cost of transportation, you raise the price of EVERYTHING. Food is especially vulnerable.

I don't live even close to hand to mouth but I am still disturbed every time i go into a grocery store.
 
It amuses me...you think you're objective and "centered", but you lean as far left as you accuse Pat and others of leaning right. You the epitome of what you accuse her of...

I hope you are in the basement of that glass house when you are throwing those stones
How do you think the Tariffs will be implemented?

If you want to go over the economic data over the last 15 years we can. I do that a lot. Just because I refuse to be hoodwinked by the conservative spin in the economy, does not make me closer to the left. I'm familiar with the data. What I know about oil and gas I get from knowing people in the business, and by reading Industry Journals.

I learned about the economy from reading reports on how banking works. how insurance funds are invested. When I wanted to understand how China was taking control of the world manufacturing, back in the 90s I read financial news.

When I want to hear fiction and fear mongering, I listen to the conservative spin.

How did the United States recover from the financial Sector Crash in 2008, 2 years before the rest of the developed world? if you think asking questions like that is left leaning, then it proves just how hood winked conservatives are about the economy.

How did the inflation get resolved in the 1980s?
What did the government do to worsen the Great Depression?

Hard questions and conservative news will not help you answer them.
 
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Correct. But Biden caused it in an instant by forcing up the price of oil. Guess he didn't understand it wasn't just you and me out for a Sunday drive in our gas-guzzler but ALL goods transported anywhere in the country. whoops. I guess when you raise the cost of transportation, you raise the price of EVERYTHING. Food is especially vulnerable.

I don't live even close to hand to mouth but I am still disturbed every time i go into a grocery store.
Biden had nothing the do with the increase in gas prices. Why don't you give him credit for them going back down? why don't you give him credit for the flattening out of inflation in late 2023 and 2024? Because you can't. Admitting even the slightest good from anything but your beliefs will send the house of cards crumbling to the ground.

Gas prices went up because the oil companies wanted them to. They bid up futures in anticipation of a boycott of Russian oil.
 
Apparently the stock market is liking the leadership change +500 points, near record.

Probably just right-wing propaganda, right? ;)
 
Apparently the stock market is liking the leadership change +500 points, near record.

Probably just right-wing propaganda, right? ;)
LOL, no. But, leaving out that it has been more or less climbing since Trump.1 is.

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Personally, I've learned a lot from reading Thales' stuff. I already tend toward the philosophical and I realize that so for a change of pace, I learn a lot of interesting facts. I can give Biden some credit, and I do realize the economy during his term was not anywhere near terrible in every regard/metric, just some of them. I'm glad people perceived it as horrible, because I'd rather Republicans win even if solely on their philosophies of personal responsibility and smaller government and more freedom (to both succeed and fail) .... but I do realize it's not entirely true.

I still feel like Biden mishandled Ukraine, is corrupt, was very senile, and took a host of actions regarding stuff like, i.e., Title IX and all of this gender crap and DEI - the Democrats generally encourage those things and somehow try to make abnormalities beome normal, tend to be more sacrificing of our national sovereignty and tend to solve all problems by writing people a check for _______ problem rather than hold people's feet to the fire and say listen, You gotta take some responsibility for succeeding on your own, the government is not going to guarantee your success.

So there are a lot of philosophical reasons I hate it when Dems are in power. I also think if all the tech oligarchs continue to be ultra-chummy with Trump that could lead to unfair and unethical results, just like when they were all ultra-chummy with Democrats a short while ago (which Dems didn't have a problem with at all, I noticed).

All I know is the American Dream is very much still possible for ANYONE. The formula is incredibly simple. Wake up each day and go to your job, be there on time and show a willingness to spring into action to do whatever is needed, do a good job. Before you know it with a recommendation from each job you can easily climb the ladder since the majority of the people are lazy, show up looking and acting unprofessional, or simply can't be found to be hired - it's incredibly easy to stand out enough to get newer better jobs every year or so until before you know it you're making six figures. throw in a little bit of technical learning a long the way, of course. Use common sense--always have medical insurance, car insurance, home insurance. Recognize that the % of people who try to start their own businesses is about 100x those for whom its appropriate and will be successful, so for the vast majority of us the likeliest way to prosper is to work for companies and climb the ladder. Don't let an obsession with owning your own business be your excuse for failure, as its well known you probably will fail if you choose that route. Don't insist on trying to live in a city you can't afford, nor pretend that you simply can't be bothered to move somewhere cheaper, as every time I moved prior to age 35, (20+ times), I was quite lower middle class and lived paycheck to paycheck. You CAN move. Use common sense about college, too - don't go into debt more than a tiny amount for any degree other than a medical license. Yes, that's very possible. Do a good job in high school and the SAT/ACT and you'll have scholarships left and right. Again, a series of good decisions makes all these things possible - but it's also very possible to CHOOSE to fail by choosing something other than these decisions - then complaining it's the government's fault is very Democrat/liberal outlook.

An extended period, sequence of reasonably good decisions without many bad ones will achieve the American Dream unless you are unusually unlucky. And the simple fact that we have a few ultra-rich people like Musk doesn't impede you at all.
 
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If you have money in the market and don't live on the edge of the abyss, the Biden economy hurt you because of the 20-30% inflation in food costs but probably not enough to notice when you looked at your investment account. If you were already living hand to mouth, your state of being got much worse. Your income went down and your unavoidable costs for food and utilities went way up. That is unlikely to be the situation for the people who post here.

My granddaughter's condo has electric heat. She knew when she bought it that electric heat is stupid for New England but she couldn't afford a house within 30 miles of her job and all the condos were electric heat. Her heating bill for the past few years has been higher than her mortgage. So it was a trade-off. Commuting time/expense vs electric heat.
 
Tariffs: My prediction is that whatever tariffs Trump puts in place will have a mixed effect. In some industries and with some companies (the ones who choose not to absorb the $ change to the supply chain), prices will go up for a while. Also, some industries will move their operations to the USA, which ultimately will benefit the USA a lot. Temporary pain.

Kind of like cutting the too-many government services - obviously there's going to be pain from someone who maybe is used to getting grant money for stupid stuff, or has lived on welfare for 10 years, or have avoided getting married to game the Dole system in general, or whatever else the government finds some way to spend an unbelievable amount of money on people who generally ought to be providing for themselves. Temporary pain, but good for the deficit and debt.

Liberals don't seem to mind temporary pain at all when it comes to climate change - EV mandates, product bans, more expensive energy. They don't because they realize it's for the right purpose. Tariffs may prove to be a little like that, but I have no idea if I'll end up being right or not
 
I see Mr Trump had his black crayon out to pardon those rioters of Jan 6th. It must be a relief for all those families of the rioters to have their loved ones released and free from persecution.
Col
It's only fair, Col. After all, just a couple of days earlier, Joe Biden pre-emptively pardoned his entire family and most of the people who his aides in the four years of his term as president. Biden signed a couple of THOUSAND pardons.
 
It's only fair, Col. After all, just a couple of days earlier, Joe Biden pre-emptively pardoned his entire family and most of the people who his aides in the four years of his term as president. Biden signed a couple of THOUSAND pardons.

Remember, much of the basis for the J6 pardons wasn't necessarily that the person was 100% innocent of everything.

Rather, they were justified because the Department of Justice over-charged people, denied bail, excessive sentencing.

They have a guy they put away for 20 years who wasn't even present that day and with no evidence that he directly told anyone to commit violence.

Lastly, these people have already served significant time in prison. Many of them for something stupidly small, like trespassing.
The homeless people in the park near me trespass every day and don't even get arrested. Years in prison for dumb small stuff was horribly unjust. Pardons were in order for most of these people anyway.
 

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