Biden Ponders More Free Money and Rebate Cards to Address Gasoline Pain
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22 comments on Biden Ponders More Free Money and Rebate Cards to Address Gasoline Pain
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22 Comments
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1 year ago
Because we don’t have enough inflation?
1 year ago
Purity
link to smbc-comics.com
1 year ago
The A students go into science and medicine, the B students go into business, and the C students go into politics.
1 year ago
Studies are actually superfluous ; the very first requisite to become a politician is being a corrupt pathological LIAR ….
1 year ago
Not true. The first requirement is an overwhelming desire to help others. The second is total flexibility to bend to whatever your party wants you to say or do.
1 year ago
The problem with gas rebate cards is not that it’s the wrong thing to do it’s that its just another palliative and not a universally beneficial economic gift to both consumer and enterprise…in other words a PARADIGM/ENTIRE PATTERN CHANGE in the money system and economy…like my 50% Discount/Rebate policy at retail sale is. If you’re not smart enough to do the math and see how that single policy doubles everyone’s purchasing power, doubles the available demand for every enterprise’s goods and services AND macro-economically ends inflation forever…then you must have flunked 6th grade math. Wake up you deflationista libertarian economists and learn to think a new thought instead of simply bitching in an orthodox way. Sheesh!
1 year ago
Biden wants to fight inflation and climate change by handing out free money for people to buy gas with.
… or maybe he wants to buy re-election. Trump’s trump branded handout checks didn’t do the trick for trump…
1 year ago
All politicians want to buy re-election. Government spending is their biggest campaign coffer. The tax payers eat it up.
1 year ago
There are exceptions… Yang and Booty Greg were pretty stand up guys, but look where it got them.
1 year ago
I don’t think the Biden Part II campaign happens. I expect him to announce after the midterms he is one and done.
1 year ago
Might be strategic to draw all the mudslinging and then dip out at the last minute.
1 year ago
Its a win/win for me. Lower prices to fill up. Keeps demand and my oil investments strong.
1 year ago
It’s like the college loan forgiveness plan. Every few days, he says he’s “looking into it” and trots out a couple of his minions to bring it up on MSNBC or the Commie networks. Why? It’s a teaser to get attention off the real problems, for which they have no answer. He won’t do it right now because it’s too far from the midterms. The Dems know about our short attention span.
1 year ago
It’s obvious. It works both in Europe and in America.
If there is a shortage, give the consumers money. We all know that more money brings about more production (in 10 years time).
Meanwhile, the demand destruction (which has to happen, since scarcity drives pricing) will take place in poor countries with less powerful money-printing facilities.
1 year ago
The problem with the tax holiday is that what happens if the price still keeps going up? At some point the holiday ends, and consumers are slapped with a massive increase. That’s what happened where I live.
Guess they’ll just have to stick to fighting inflation with more inflation
1 year ago
Our taxes DO NOT ACTUALLY FUND OUR GOVERNMENT PROGRAMS. They are rubbished as soon as they reach the IRS. We are monetarily sovereign and create all of our money out of thin air. If we had the 50% Discount/Rebate policy at retail sale and didn’t tax anyone or any business we’d still be able to fund every government program and also have beneficial price and asset deflation. Taxation IS a legitimate right of government when it is utilized to guarantee compliance with the government’s rational goals which means its only 95% theft. Tax relief is just another aspect of the new monetary paradigm. Do the math so you actually understand the money system and how a new monetary paradigm would change the entire economic PATTERN. Also, stop making a fetish out of free market theory. Free market theorists have mistaken freedom for chaos. There is only freedom amongst known barriers in the temporal universe. That’s why you can’t walk into a theater and yell “Fire!” What we need is economic FREE FLOWINGNESS. That’s what a 50% Discount/Rebate policy does by providing beneficial macro-economic deflation and universal monetary abundance.
1 year ago
You have the basic idea. However my plan to allow everyone to print whatever amount of currency they feel they need is much better. Of course I would limit the denominations of currency to twenties as I am not crazy.
1 year ago
Easier just set a minimum wage of say $500/hr. That should make most people happy.
1 year ago
My last fill-up for premium gas at Costco in the SF Bay Area was $6.50/gal. If they remove the gas tax, my cost would have been around $6.31/gal.
Whoop-DE-do.
Biden either needs to get OPEC/Saudi Arabia to pump more or he needs to remove sanctions on Iran and Venezuela (NOT RUSSIA!) and allow them to flood the market. Those are the choices that make sense and could get gas prices significantly lower, not lowering the cost of gas by 0.185/gal.
1 year ago
So now it’s suddenly great to be sponsoring Saudi Arabia, Iran, and Venezuela !?
Could’a saved a lot of grief to figure that out sooner…
1 year ago
Be kind to the monsters so Karen McMommy’s wundersprogs don’t hand to ride the dirty old school bus.
1 year ago
Gotta be flexible and make the least worst choice!