Deficit Increased by $7B under Trump, But now the GOP tries to claim fiscal Responsibility????

[francoHFW]

He didn't shut down anything that was being used. That's just the propaganda. The president doesn't have the power to slow or increase production.
We don't have a king. And oil isn't nationalized.

Maybe it should be nationalized. They're number one on my list. I see 53% of inflation is caused by bloated corporate profits.

 

[Nostra]

Too bad it's not true. We are producing more oil now than ever under trump. Too bad you drones won't buy electric or hybrid vehicles because you're brainwashed with baloney. The GOP is always a catastrophe, all to make money for Murdoch Internet crazies and trump.

We are producing more oil now than ever under trump.

Not even close, you lying sack of shit.

 

[easyt65]

Too bad it's not true. We are producing more oil now than ever under trump. Too bad you drones won't buy electric or hybrid vehicles because you're brainwashed with baloney. The GOP is always a catastrophe, all to make money for Murdoch Internet crazies and trump.

Yes, on average oil production is higher under the Biden administration, but context is needed

Oil production has reached on average 11.2 million barrels per day during the Biden administration, according to 14 months of data.

www.google.com

Your bullshit attempt to defend Bidrn's admitted intentional attempt to destroy the oil industry, force Americans off of fossil fuels which is destroying the economy abd bation, causing Americans to suffer, is a pathetic smoke, mirrors, and BS failure.

 

[easyt65]

Maybe it should be nationalized. They're number one on my list. I see 53% of inflation is caused by bloated corporate profits.

Nationalized. Great, lets go full-blown Marxist.

 

[francoHFW]

Cutting oil production increases prices, right? Every time. Right? It causes the markets to up the futures prices. And all sort of things happen, when oil companies like OPEC cut their fuel production. Right?

In April of 2020, 7 months before the election, Trump struck a deal with OPEC to lower oil production. They agreed. That's when the oil bust started. By may, here in the USA, oil field layoffs had started, and US oil companies started lowering their production. Essentially, because OPEC started their bust cycle, US oil companies did also.

By the time the elections rolled around, oil companies had used up their excess oil and were relying on fresh oil to supply the country.

But see, here's the kicker. US oil companies still imported and produced enough to supply the nation. Not once did any of us see a gas station that was out of gas, because the refineries couldn't supply gas.

Biden has been the best president US oil companies could've asked for. Record profits, without having to produce 1/2 as much oil as they did the previous year.
They bitch about Biden. But it's all show. They love him. Especially after Biden has promised them guaranteed $70 per barrel.

Corporate profits have contributed disproportionately to …​

https://www.epi.org/blog/corporate-profits-have...

Apr 21, 2022 · Strikingly, over half of this increase (53.9%) can be attributed to fatter profit margins, with labor costs contributing less than 8% of this increase. This is not normal. From …

EXPLORE FURTHER​

Economist explains record corporate profits despite rising infl…
npr.org

Corporate Profits Drive 60% of Inflation Increases - Substack
mattstoller.substack.com

Why corporations are reaping record profits with inflation on t…
pbs.org

Macro view: Corporate profits driving US inflation
pharmaceutical-technol…

What is causing inflation in 2022: The factors driving prices hi…
washingtonpost.com

, actually super duper, Biden has been complaining about this. Corporate media sucks on this kind of stuff. American media has been taking us for a ride, not only fox but mainly fox that's for sure. Biden is also going to tax them again for crying out loud. 15% minimum.

 

[YoursTruly]

View attachment 713815

Refute what I said?

April of 2020

Trump plays key role in brokering historic oil deal​

The U.S. Lost 120,000 Oil & Gas Jobs In 2020​

The number of oilfield services sector jobs in the United States dropped from 706,528 in February 2020 to 603,732 in February 2021, a decline of 14.5 percent.


Want me to post the oil profits link? Or is this enough.

 

[francoHFW]

View attachment 713817

Yes, on average oil production is higher under the Biden administration, but context is needed

Oil production has reached on average 11.2 million barrels per day during the Biden administration, according to 14 months of data.

www.google.com

Your bullshit attempt to defend Bidrn's admitted intentional attempt to destroy the oil industry, force Americans off of fossil fuels which is destroying the economy abd bation, causing Americans to suffer, is a pathetic smoke, mirrors, and BS failure.

Baloney super duper.... It's all the GOP and people like you Putin lovers.lol

 

[Toddsterpatriot]

Maybe it should be nationalized. They're number one on my list. I see 53% of inflation is caused by bloated corporate profits.

How many seats are the Dems going to lose because of Bidenflation?

 

[Leo123]

Cutting oil production increases prices, right? Every time. Right? It causes the markets to up the futures prices. And all sort of things happen, when oil companies like OPEC cut their fuel production. Right?

In April of 2020, 7 months before the election, Trump struck a deal with OPEC to lower oil production. They agreed. That's when the oil bust started. By may, here in the USA, oil field layoffs had started, and US oil companies started lowering their production. Essentially, because OPEC started their bust cycle, US oil companies did also.

By the time the elections rolled around, oil companies had used up their excess oil and were relying on fresh oil to supply the country.

But see, here's the kicker. US oil companies still imported and produced enough to supply the nation. Not once did any of us see a gas station that was out of gas, because the refineries couldn't supply gas.

Biden has been the best president US oil companies could've asked for. Record profits, without having to produce 1/2 as much oil as they did the previous year.
They bitch about Biden. But it's all show. They love him. Especially after Biden has promised them guaranteed $70 per barrel.

No, that's just dumb. Trump had already eased U.S. restrictions on permits and environmental regulations in the oil industry with an EO. Putin was trying to drown the market. As far as Biden, his undoing of what Trump did caused oil prices to soar. Everyone knows it.....except maybe you.

 

[Nostra]

Hey look Simp, I found a computer.

Tell me which year revenues were lower than the year before.

GO!

FISCAL YEAR	REVENUE
FY 2021	$3.86 (estimated)
FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

francoHFW which year is it?

 

[Nostra]

Too bad it's not true. We are producing more oil now than ever under trump. Too bad you drones won't buy electric or hybrid vehicles because you're brainwashed with baloney. The GOP is always a catastrophe, all to make money for Murdoch Internet crazies and trump.

More oil than ever?

2017	8,875	9,110	9,166	9,101	9,185	9,111	9,247	9,250	9,517	9,669	10,085	9,983
2018	10,001	10,281	10,467	10,500	10,435	10,641	10,897	11,392	11,443	11,509	11,886	11,945
2019	11,869	11,673	11,913	12,149	12,154	12,218	11,902	12,486	12,590	12,809	13,000	12,978
2020	12,852	12,842	12,797	11,914	9,713	10,442	11,006	10,577	10,921	10,457	11,196	11,168
2021	11,124	9,925	11,326	11,305	11,356	11,356	11,347	11,277	10,918	11,569	11,790	11,634
2022	11,369	11,316	11,701	11,668	11,629	11,788	11,800

 

[francoHFW]

Nationalized. Great, lets go full-blown Marxist.

Big oil are the biggest scumbags around and this would not be dictatorship of the proletariat or any of that crap. Lots of countries have nationalized energy and guess what no problem. Actually nationalization would be too much, but we do need price regulation and that much better oversight of all kinds of industries. Big oil big health big food. A whole bunch of crap is overpriced and bad for you.

 

[francoHFW]

francoHFW which year is it?

I couldn't care less lol

 

[easyt65]

Refute what I said?

April of 2020

Trump plays key role in brokering historic oil deal​

The U.S. Lost 120,000 Oil & Gas Jobs In 2020​

The number of oilfield services sector jobs in the United States dropped from 706,528 in February 2020 to 603,732 in February 2021, a decline of 14.5 percent.


Want me to post the oil profits link? Or is this enough.

The link I posted shows yiurs without context and key info is meaningless.

 

[Leo123]

Refute what I said?

April of 2020

Trump plays key role in brokering historic oil deal​

The U.S. Lost 120,000 Oil & Gas Jobs In 2020​

The number of oilfield services sector jobs in the United States dropped from 706,528 in February 2020 to 603,732 in February 2021, a decline of 14.5 percent.


Want me to post the oil profits link? Or is this enough.

No, we want you to stop prevaricating. There are many reasons and the Democrat fake pandemic response and shutting down America is one of the biggest reasons for jobs loss. Then Biden totally fucked US by rescinding Trump's energy policies. The American people have suffered a double punch to our economy, high interest rates, high inflation, high food prices, high gas prices and overall misery.

 

[easyt65]

Baloney super duper.... It's all the GOP and people like you Putin lovers.lol

poor TDS-suffering troll. Maybe in ANOTHER 7 years you will finally 'get Trump'.

 

[Nostra]

I couldn't care less lol

Obviously. You lie with impunity, Simp.

 

[My_Chinchilla_Is_A_Racist]

Pathetically trying to justify the Democrats unprecedented spending spree by playing the "But Trump..." card?

Don't nobody wann hear dat shiet.
hey, didnt obama throw a fit when we once owed 9 trillion dollars, and that was before he took office?
View attachment 547540

 

[LA RAM FAN]

Cutting oil production increases prices, right? Every time. Right? It causes the markets to up the futures prices. And all sort of things happen, when oil companies like OPEC cut their fuel production. Right?

In April of 2020, 7 months before the election, Trump struck a deal with OPEC to lower oil production. They agreed. That's when the oil bust started. By may, here in the USA, oil field layoffs had started, and US oil companies started lowering their production. Essentially, because OPEC started their bust cycle, US oil companies did also.

By the time the elections rolled around, oil companies had used up their excess oil and were relying on fresh oil to supply the country.

But see, here's the kicker. US oil companies still imported and produced enough to supply the nation. Not once did any of us see a gas station that was out of gas, because the refineries couldn't supply gas.

Biden has been the best president US oil companies could've asked for. Record profits, without having to produce 1/2 as much oil as they did the previous year.
They bitch about Biden. But it's all show. They love him. Especially after Biden has promised them guaranteed $70 per barrel.

You are going for comedy on biden being the best president for us company’s obviously.you must be a sockpuppet of snellybozos.

 

[Dragonlady]

Pathetically trying to justify the Democrats unprecedented spending spree by playing the "But Trump..." card?

Don't nobody wann hear dat shiet.

View attachment 547540

You never want to hear the truth. That's why you're in the mess you're in.