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Mar 28, 2024 14:15:54   #
XXX Loc: Somewhere north of the Mason-Dixon
 
straightUp wrote:
That would be "Bidenomics".


It's the same thing. Ok Bidenflation is Bidenomics. Ok?

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Mar 28, 2024 17:23:20   #
son of witless
 
straightUp wrote:
That would be "Bidenomics".


" Well, it's true that the p******c had a severe impact on the economy but that didn't happen until Trump's last year in office and we were still dealing with the effects of the p******c when Biden took office. "

No no no no. AND NO! Whilst Joe was sitting on the sidelines waiting to be be inaugurated, things were turning around. What Joe needed to do with the economy, Afghanistan, the border was exactly nothing ! If kindly olde Uncle Joe had just left his bony fingers off of the controls and did absolutely nothing he would have gone down as the greatest President of the new century, thus far.

The economy did not need any more liquidity, any more jamba juice. Trump had the economy on auto pilot. All Joe had to do was not f**k it up. We know he could not do it. Just like Afghanistan, all the senile olde guy had to do was leave it alone. Like at the border, leave well enough alone. Trump had it all under control.

The same thing with the Keystone Pipeline, just do not, do not f**k it up. Same thing with oil production, keep your paws off of everything Joe. Then Joe decided to empty the Strategic oil reserve to try to cover up his screw up.

Every thing he touches turns to crap. Every single thing.

" But if you go deeper, there's more to see. Evidence indicates that there was no shortage of supply. There was plenty of gasoline, plenty of food and services were almost immediately restored. The problem that Biden-bashers ALWAYS miss is distribution factor... specifically, the bandwidth in which goods flow from supplier to consumer. That was a bottleneck because our embarrassingly antiquated infrastructure couldn't handle the backlogs. "

Excuses, excuses, excuses. It does not matter whether the supply problems were at the producers or it was at the distribution area, the results were the same. Demand for product could not be met. Supply for what ever reasons could not keep up with demand suddenly being switched on. At the same time President Biden was shoveling money as fast as he could into an economy that already had too much money sloshing about.

The results were easily predictable to those of us who remember the 1970s. And we were right.

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