As much as I despised Trump I never gave him credit or derision for gas prices. Same with Obama, Bush, etc. People that do so are regarded. Just like stocks, pretty much everyone knows the general trends and somehow ascribe them to one man. It’s short sighted.
Now artificially keeping them low to wear a hat about the markets hitting new highs? Pushing legislation to lower taxes for corporations that simply buy back their stocks? Arguing that sensible regulation is a problem and thus letting things like 2008 happen or promising FF industry you’re going to bring back their mining jobs?
That’s the shit that pisses me off when a democrat inherits the results of their failed policies, gets punished as the economy corrects to account for it, and then gets runoff by a rigged election system…and any opportunity to really fix those things gets stopped by the party of no.
Now that opens the doors for draconian social policies that have my minority, gay, whatever friends nervous as hell. Shit I’m worried what this country will look like for my kids.
Instead of investing for the inevitable surge of demand as covid waned, these huge companies were buying back their stock and idling supply/capital goods to keep their short-sighted investors happy. I’ve been to Disney and flown in the past year…they’re using that excuse to raise prices, reduce service and drive up margin. Consumers and small businesses are paying the price. Makes me sick.
/pointless rant over