@@amariner5 Already historically proven facts- Much like your Orange Peel Jeebus is historically known as the worst, in history. Based on his own term, of course. You're welcome for the clarity..Be Best
Speaking slowly, for the over-educated: Inflation is, in part, caused by Americans consuming items that were produced outside of America. Thus wealth, the money you earned ("created") spent on an imported good, had to be traded for said good that created wealth (was produced) outside the USA. Oil produced in the USA, means that plastics, synthetic rubber compounds, etc will be produced in the USA for less cost, and thus better compete with plastics from around the world. The Consumer Price Index is so massaged, it has no meaning. Everything you buy, eat, make, sell, or even steal, has several energy price components. Less expensive energy, you have more of your wealth to spend elsewhere. ADDED BONUS: Iran, Russia, Venezuela, all ideological enemies, will have less money to spend on terror and making war, with the USA under cutting them on oil.
@ no, I'll get paid MORE. See, to AVOID PAYING TARIFFS, production ("production" is where wealth is created) will need more labor. More labor means more jobs. Demand for labor goes up, and like durning Trump's first term, unemployment goes down, wages come up. So polish that resume / CV now, and get ready to work. Even you will be able to find a job. Or, Biden starts WWIII on his way out the door, and you get to fight it.
@ I'm getting a raise! And I'll pay less for heating oil, gasoline, and taxes. I spend almost $5000/month in Federal Income tax alone. And I work for a living. That's my largest single monthly expense. WTF.
Usa is already a record oil producer... He's walking into the record production thanks to Joe.
This comment is divorced from reality.
Like how the commentor's parents are divorced.
@@amariner5
Already historically proven facts- Much like your Orange Peel Jeebus is historically known as the worst, in history. Based on his own term, of course.
You're welcome for the clarity..Be Best
Sorry USA Today. No longer interested in anything you post.
Speaking slowly, for the over-educated:
Inflation is, in part, caused by Americans consuming items that were produced outside of America.
Thus wealth, the money you earned ("created") spent on an imported good, had to be traded for said good that created wealth (was produced) outside the USA.
Oil produced in the USA, means that plastics, synthetic rubber compounds, etc will be produced in the USA for less cost, and thus better compete with plastics from around the world.
The Consumer Price Index is so massaged, it has no meaning.
Everything you buy, eat, make, sell, or even steal, has several energy price components.
Less expensive energy, you have more of your wealth to spend elsewhere.
ADDED BONUS:
Iran, Russia, Venezuela, all ideological enemies, will have less money to spend on terror and making war, with the USA under cutting them on oil.
Are you taking a paycut to keep prices down..?
Asking for the doubtful.
@ no, I'll get paid MORE.
See, to AVOID PAYING TARIFFS, production ("production" is where wealth is created) will need more labor.
More labor means more jobs.
Demand for labor goes up, and like durning Trump's first term, unemployment goes down, wages come up.
So polish that resume / CV now, and get ready to work.
Even you will be able to find a job.
Or, Biden starts WWIII on his way out the door, and you get to fight it.
@ I'm getting a raise!
And I'll pay less for heating oil, gasoline, and taxes.
I spend almost $5000/month in Federal Income tax alone.
And I work for a living.
That's my largest single monthly expense.
WTF.
😮