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The latest leftist lie is that oil production is higher under Biden than Trump.
Let me show you what they are doing so you can explain it.
Their chart on the left; the one from the US Energy Information Administration on the right eia.gov/dnav/pet/hist/…
Even if you aren’t great with charts, you can clearly see that the nearly 13 million barrels of oil per day we were producing in late 2019 and early 2020 is higher than the 11.655 million barrels at the "today" part of the chart (March 2022) and the numbers in their chart
What they are doing is averaging the moment Trump took office up through and including the covid global shutdown.
Anyone who does data analysis knows that you normalize for unusual scenarios; a global economic shutdown is beyond unusual. World use plummeted- we all know this.
Instead of projecting the clear upward trajectory of production (see chart, up + to the right from 2016-early 2020), they average w covid #s + compare it to Biden’s first 1.5 years when the economy has come back online (which still is far from the nearly 13 million barrel mark)
We all know that Biden canceled oil and gas leases + pipeline projects day one, and has massive "red tape" in place. We know that the left has been pushing ESG, which has taken investment capital away from the industry.
The gaslighting (pun not intended) is ridiculous.
Biden could help inflation and shore up our long-term economic and national security by changing his energy policy and making us leaders in both traditional energy sources and green energy.
But he and his cronies won’t do it.
It's their fault and we all pay the costs.
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I saw this above tweet and went 8%?!
How do I get in on this sweet tax rate?
So, I went to the White House site + looked at their “study”
It was not based on tax records or even income (which is what is tax rates are based on).
The study said they included UNSOLD STOCK...
I was confused. What is income from unsold stock? Dividend rates don’t get you there, so what do they mean?
What they are using is not INCOME at all, it is stock appreciation, NOT realized.
This is a made-up proxy of a wealth tax.
We are 100% in the position we are now because too many people believed you could suck the rainbow farts out of unicorns’ asses instead of reality.
If you thought you could turn on and off the economy like you were power-cycling a modem without massive issues...
Get a reality check or STFU forever.
If you thought the Fed could just add almost $9 trillion to its balance sheet and the govt could spend trillions it wouldn't have inflationary consequences...
Thread about speech in the digital age—
What’s the path to redemption for unpopular opinions and bad actions?
Who decides?
How are rules ensured to be enforced consistently?
(contd)
Consider this: when someone breaks a law, they are innocent until proven guilty. They have a trial and if found guilty, are given a sentence.
They fulfill that sentence- or get off early for good behavior- and their "debt" has been paid.
When someone says or does something offensive or unpopular, online or offline, while they have not broken the law, there is no due process.
They receive the wrath of the Twitter (or other platform) mob and there is no path to redemption- or perhaps even re-entry.
I am sick of the politicization of everything and infuriated by those who continually do such, their lack of awareness when it is inconvenient "for their side" + utter hypocrisy. The latest is the vaccines-some examples of the flip-flops purely based on politics...
About half-way through, the "informing" of everyone how long other vaccines took and not to fall for it...
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I’ve written in detail about the biggest, most ignored story-govt enabling the hugest wealth transfer in history from Main Street to Wall Street, enabled by govt deciding who would thrive and who would fight to survive, aided by the Fed, and corporate media won't cover it
For my book, as of today, I am scheduled for exactly zero morning TV programs + zero prime time shows on network or cable. None of the major newspaper outlets are reviewing or excerpting the book. We had one agree...
..., where the writer loved the book and thought it was “fascinating” and informed my publisher’s PR end of day yesterday that the editors pulled it. Not to mention the corporate gig getting canceled as well.
Thread
When you stop to get a shoe shine, do you ask the person how many customers they have had that day and how much they need to live on, or do you ask for the price?
When you buy a loaf of bread from a vendor at a fair, do you ask the person how many customers they have had that day? Do you not care that they may not make a “living wage” that day? Are you not personally obligated by taking their output to ensure they can live? Of course not.
When you trade your money for others’ time or skills, that is based on the value you place on the skills, supply, demand, not an evaluation of their personal needs. This is no different than when someone applies for a job in low-skilled arenas.