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FACTS & Questions
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"Inflation is primarily caused by rising demand, increasing production costs, and expectations of future price increases, all of which push the general price level higher.
Demand-pull inflation occurs when aggregate demand in an economy exceeds the available supply of goods and services, causing prices to rise."
"Gas prices are rising mainly because global oil supply is being restricted by geopolitical disruptions — especially in the Strait of Hormuz and Saudi Arabia’s oil pipeline — which is pushing crude oil costs higher, and because refining capacity is tight."
QUESTIONS:
1) Didn't the " open border" increase the population, thus increasing demand which created the 40 yr. High Inflation ?
2) Didn't Biden cancel the Keystone XL pipeline deal from Alaska thus increasing gas prices ?
DAMN, those PRESIDENTIAL POLICIES !!
>$7.5 billion for car charging stations =Biden/ Buttigeig delivered 68 total
> A new Federal Reserve Bank of Dallas working paper estimates the record surge in illegal immigration during the Biden administration boosted employment while causing 30% of home price increases and 20% of rent increases.
> the Biden administration, Americans will be paying an additional $12.6 billion annually to cover the costs of illegal migration to the U.S, bringing the total cost to at least $163 billion per year.