Do any liberals here regret voting for Biden?

Tim Pool is a 35 year old with no formal education. He is a "Citizen Journalist". Did he quote actual economists? Or did he observe on that video prices are higher?

 

Tim Pool does site sources for his information and you can go to a grocery store, gas station, or restaurant and see for your self.

 

And the explaination for why prices go up no matter what?

If he quotes sources I will have to check him out. But youtube people make me go right to "unnamed sources totally told me......." as an assumption.

 

Tim Pool always complains about MSM un-named sources and will do his best not to use un-named sources. He often will say if something has not been properly verified as such and warns people to go check for themselves. He use to be Leftwing but over the years of reporting the news he has shifted to the Center and agrees a lot with the Right but he keeps hold of some Leftwing social programs. He is more Libertarian he says but a little L not a big one. He is reluctant to join the Republicans but is disgusted with being with the Democrats.

 

In addition? They fire people or cut hours if the "Wall Street Estimates" will be missed. Because if the stock is downgraded? The Upper Management lose net worth in their stock and options. And I mean Wall Street Estimates as in "We are downgrading you because you ONLY grew 4.2% and we EXPECTED it to be 4.6%!".

Best example? Everyone remember "5 dollar gas" about 10 years ago? Shippers raised "fuel surcharge", companies due to the extra cost raised their prices. Then when it fell? Fuel Surcharge fell (they are usually contractual maxes based on price of fuel) but the COMPANIES? Just pulled the "Because of raised shipping......" stickers and left the prices at the higher level. They are not altruistic and will not lower prices because costs fell. They will pocket the difference and claim there is a magical "thing no one sees" that kept costs up. Never able to name it though.

 

Inflation is definitely here. I bought gas yesterday for $4.599.

 

That's even worse than here.

Gas here $1.29/litre. So converted to USG plus exchange rate..

1.29 x 3.8 x .79 = $3.87 USD.

For comparison, gas was approx $1.05/litre in Dec 2019, as low as $0.45/litre March 2020.

It's food that will hurt people, it's through the roof inflation, and it'll get a lot worse.

 

Inflation is always here. For 30 years they keep gas, housing and other "High rising" items off to make it seem low.

 

Of the $1.29 we pay per litre in Ontario, 43 cents is tax. That's per litre, so .43 x 3.8 = $1.68 tax per US gallon.

Last year when gas was approx 50 cents per liter, the tax portion was about 34 cents. So the actual price of the gas itself went from 16 cents to 86 cents or a 538% increase. That's an inflation number for the ages, granted being an anomaly caused by a pandemic.

I love playing with statistics, what would you like me to prove?

Oh, and we're all going to switch to electric cars. Last year, the combined federal and provincial governments collected 1.9 billion dollars in tax from gasoline and diesel sales. Take that revenue away and they're all bankrupt in a week.