Today’s Poll Question:
Whose “self-defense” defense is more ridiculous?
- Kyle Rittenhouse’s
- Travis McMichael’s
Don’t stress. There is no wrong answer.
Cultists have spent the past two years proving they know nothing about biology and virology. Now they are proving to be equally ignorant and arrogant about economics.
There are countless things for which Americans can properly dog Joe Biden. I have done so and will continue to do so as warranted. But blaming Biden for rising gas prices is an eye-roller. This is pretty basic. Largely because the pandemic was so horribly mismanaged (under the previous administration), demand for gasoline plummeted.
You with me so far? Am I going too fast for you?
As demand declined drastically, production then slowed and gas prices fell. Drastically.
Let me know if you need to take a little break.
Our economy is now roaring back. Yes, we have inflation, and yes, it is a concern and yes, we have to address it.
But economic ACTIVITY is largely back to full throttle. So now there is enormous demand for gasoline. That’s a good thing. But the supply is not there, at least not yet. You can’t just turn on the gasoline spigot after production has been slowed for this length of time. It’s gonna take a while for supply to catch up to this suddenly exploding demand.
And until then we’re going to have high gas prices.
Biden has nothing to do with this.
Blame Adam Smith. I’ll give you time to look up Adam Smith. Then we’ll have some milk and cookies and let you take a nap.