Funny how the unemployment rate is the lowest in 50 years under Biden and manufacturing is coming back and the country is finally rebuilding the infrastructure. Under Trump....the Drama queen....it was only about him
@@1031E plus, Biden voters are honestly the dumbest people I have ever met. You idiots are willing to let us go into WW3 all die from a nuclear Holocaust than let Trump be president again. Screw you, warmongering lunatic.
Everybody is forgetting the main thing here though. If Joe Biden would not have Canceled everything that trump has done. This economy would be booming still
That is so "f" up... and they are the enemy. 45 were trying to stop that, and was doing so well, until they release, (seriously) "chhhynavirus". "Stop45" at all cost, even if it means, reducing world population. Elites plan of the """WEF"""" de---population.
You're funny. Your Republican leaders are full on lying to you morons to stay mad about fake outrage, all the while losing everywhere including in the courts but sure. Believe what you want 🤣🤣🤣
@@James-dz7ek Lmao! What does faith have to do with what i said? You ok? And yes, your leaders. You know? Like desantis, mtg, Boebert, santos, to name a few? Member?
That is what Republicans are saying. They also forget that if Trump had nothing to do with the national debt, than neither did any other President, so how would they impact inflation either. In fact, gas prices are not determined by just domestic economic policies alone.
Reminder to everyone that if we follow chipp roy's energy plan we could ruin our environment and potentially end most life on earth in a very short time. The fact that he, nor any republicans, will even consider these outcomes at all and only focus on the riches of their fossil fuel donors is an unforgivable sin.
Anyone thinking potato chip roy is bright light for our country must be living in Abbot country and within the no power grid of abbot darkness Evil grows in cracks and holes and lives in chips mind evil grows in the dark where the sun it nevers shines.SOMEONE TURN ON THE LIGHTS FOR F-CK SAKES
I just want to understand how taxes given back to the tax payers is a give away. But the government giving our taxes to other countries and paying for there pet projects is sensible ? Just a simple question if I have to pay taxes I should be able to dictate how those taxes are spent. And just an FYI for people that say voting for elected officials is the way you dictate how taxes are spent, that is not the answer because obviously people don't agree how government is spending there tax money and the elected officials don't really care what we think.
Okay, do you think Ukraine is going to lose? Do you think the money we spent in Afghanistan was all paid back? Or the money in Iraq? Or in Yemen when Saudis Arabia can afford their own army.
Moving manufacturing here is good but won't reduce inflation. Increasing domestic energy production would, especially independence would by reducing cost. Cutting spending not related to economic activity or productivity improvements would. The executive orders stifleing productivity and adding spending ARE the cause of the inflation. My opinion
Trump began campaigning when he was frustrated he couldn't obtain building materials that were inferior Chinese junk to US GRADE. That was when he realized just how horrible our "Historic Chinese Trade Deal" was crippling us.
Increasing production has nothing to do with whether the oil companies gouge Americans or not. They were gouging us while we suffered through the worst pandemic in at least a hundred years ... what makes you think they wouldn't price gouge if the oil came from another well? this right-wing propaganda is ridiculous.
Moving manufacturing here is going to address inflation, it is going to reduce having to pay Chinese tariffs to ship chips and other products back into the U.S. I do see how higher labor cost might impact profits, but I actually believe the shipping cost and tariff savings might save them over the long run. The biggest cost is building factories and hiring new employees.
That's not your opinion, that's the plainly observable and verifiable reality of economics and free markets. Milton Friedman and Thomas Sowell have tried to share their wisdom and knowledge with democrats for decades, but they continue to push the idea they've always pushed for......ever more government control and citizen dependency. We know we could be energy independent because we were just a few years ago.......and then the dementia ridden child toucher was (s)elected. Though it's not just free markets that democrats disdain and hate, it's all of our other fundamental American values and principles as well. Free speech, firearms ownership, law enforcement, the virtue of being colorblind, and even the inherent and objective value of life itself are all moral ideas and our American value and principles that democrats hate. It's not that America can't thrive and grow and do very well, it's that sworn public servants who don't like why we're America oppose the ideas of America, ideas that work, ideas that allow for energy independence, ideas that democrats would rather ignore in favor of kneecapping our own energy production in favor of buying from terrorist nations.
Jamie Raskin #nailedit. He is truly the most intelligent, well-spoken and in-touch Representative, hands down! Rooting for you Raskin! Safe healing Journey
Yes he is. Clinton left us a surplus, while Bush blew through it and added to the deficit. Obama lowered the debt and and Trump blew it up and gave tax cuts
@@rienbrielleredmond1584 I am so impressed with intelligence, thank you for displaying intelligence in your comment, Especially in this crowd where intelligent comments are on the low end of the spectrum.
Actually I did they put that right into my bank account. I never missed A-day at work. It was money that could have been put elsewhere that it was needed. Thank God the company I work for getting go along with the plandemic.
@@angithomann9981 so they helped you but you didn';t need the help. did you give the money back? That money helped keep people in their homes and jobs whether you needed it or not. So, in short, they can claim they helped BECAUSE THEY DID
Did you complain when Halliburton stole over a trillion dollars with the 20 year Afgan etc war. Ukraine is not Afgan who wouldn't fight for anything all they and the contractors and the Repubs wanted was money. Now, we send support to a country who doesn't want to be under oppression are using their people to fight. I think it's really a joke that Repubs didn't complain about the soldiers we sent to afgan. You really need to know what it means to stand up for freedom.
If the chips and science act was so good how come The stocks for chip companies are not doing good at all Of course Hong-Kong came to build a factory here we gave Them billions of dollar To do it
They have to sweep the dead wood from both political parties in Congress and the Senate....so the country can prevent the multi-nationals from holding everyone hostage Once at the beginning of the last century Standard Oil...controled by one man...controlled 99% of fossil fuels....he died in 1937 and today he would have 341 billion dollars...what we need are political with the gonads to break up these companies....
You realize domestic production is back up to 2018 levels, right? Do you think there are as many refineries as we had in 2018? We also lost Russian oil because we are wisely cutting them off from the global oil market. I hope you will be okay paying a little more for gas to strangle Russia. We actually released oil from the SPR and then bought some of it back at a lower price, thereby making money on oil. Prices on oil are going down and so are pump prices. If gas starts going up dramatically, then we might ramp up domestic production. The problem is, Saudis Arabia lowered production in 2020 and into 2021. If we increase EV production and green energy production, won’t that also lower our reliance on oil and make it so we don’t need more oil? I can see the argument that maybe the grid cannot handle that much EV, but if we get to say 35% EV, that is 30% less oil we need for vehicles and can apply to manufacturing instead and sell to other countries and make money that way.
@@blowmeyotbweknowugoodfklit2549 case in point.. It's funny that you mock your fellow Citizen, When in reality you'll be experiencing it the worst. See the right as you want to call " The premise being Limited in Power Government Tapeworm and Preservation of the Constitutional Republic's LEGAL CONTRACT them " also are highly skilled in numerous trades so the ability to seek out more work is always in our grasp.. perseverance and Self Reliance. . Unlike one trick ponies.. What are you going to do when at some point you're paying more Taxes than you Make? You'll be a slave to the things you think you own.. We have a tendency to save and buy..
Believing that corporation taxes benefit people who work for the corporation is absurd. Corporation taxes are paid by workers in the form of lower wages. They are paid by consumers in the form of higher prices. Corporate taxes are a political scam that fools the ignorant into thinkiing that politicians are sticking it to rich corporations. Actually, they are sticking it to workers and consumers. Corporations do not pay taxes; they collect from workers and consumers and pass them on to government.
Okay, if smoking causes cancer and we helped Toyota, who we get help from in theory because they provide $41 billion in jobs and taxes, wasn’t that trade off worth it? I mean, if they have more people healthy to send over to work at our factories, that does stimulate our economy. But who says we spent $41 million to help them and if so, what was the reasoning, there might be a good reasonz
@@j.sumner6999Is the bill about transparency or just a report saying inflation is slightly higher and we need to fix it. If that is all it is, that is not going to lower inflation. They even said we need a price tag on spending, but why did they not have a price in mind already? Surely they know after 2 years what spending should be called at? Why are we not refusing to pay some of Trump’s spending then?
@@Dr_JSHEven transparency won’t fix the problem. Unless you are saying you can point to specific expenditures that are unhelpful and implement proper expenditures to replace those policies.
Take away our dependence on Chinese manufacturing of our products and the Chinese climate threat will be solved. Don’t have the largest polluter in the world be the excuse to not be responsible for ourselves.
It's not the people spending all the money it's the government we need to cut government people . Way too big for taxes to cover ,you cut spending, duh.
Thank you Mr. Raskin👋👏👏👏👍🙏🙏🙏Prayers for your recovery. I'm not clear on how corporations reporting RECORD profits, spending millions of those profits on buying back their own stocks (artificially inflating them) increasing CEO'S already obsene salaries as many of those same corporations are receiving FEDERAL SUBSIDIES and not paying there fair share of taxes or increasing pay for those who actually make that very corporation record PROFITS ??? Perhaps the GOP could cut those spending programs ! ??
I DON'T WISH ANYTHING BAD FOR RASKIN. I HOPE HE RECOVERS FULLY IN ORDER TO STAND BEFORE THE HOUSE HEARINGS UNDER OATH AND TESTIFY. I'M JUST WAITING ON HIM TO BLAME DONALD TRUMP FOR HIS HEALTH ISSUE.
12:00 couldn’t stay quiet any longer. God don’t ever let me become a politician at his level. (raskin level). To be able to sit there and say the things he does with a straight face and with conviction. shmfh How do people live with themselves and are able to sleep at night? Text book explanation about inflation. It’s not that complicated to start with. It's the buying power of the dollar. What can you buy with a dollar and how much of it can you get? Do people around the world want to use it. The issue is how many dollars are out in circulation. My guess is the federal reserve and the treasury don’t really have a clue. Right now the dollar bill is the last vestige of autonomy and something the government can’t really track. If you do business through their back you’re not really dealing with cash. And they can come after the number on the page and freeze it or take it from you. Going to a true government digital currency. They will then be able to stop you from even spending it before you are able to buy something or stop you from buying something they don’t want you to buy. A true cash transaction at point of sale. They can’t stop you from doing it. And they have no clue where it is. They have an estimation as far as actual dollars being circulated. They know the numbers on the pages. How many dollars are stacked up on pallets in Mexico or South america. Drugs and guns usually trade in some form of actual money. But the value of the dollar comes from how much is out there and how much more are you going to print. The government is not set up to be a run for profit corporation. The government gets its money from what we pay in taxes. That is what the government has to actually spend. Before the dollar was taken off the gold standard. The actual value of 1 dollar was around 85 to 90 cents that could buy something. Like a gal of gas for 25 cents a loaf of bread a dime, sodas a nickel buy a house for 50-60k new car 2500. over the decades more so in the last 20. Bush jr. the government has been spending more money than what it takes in. and every president over the last 40 or so years has borrowed from china mainly to cover the offset plus printed more dollars. Up until about 2 years ago. The dollar was worth around 50 maybe 60 cents buying power. From the 70’s the cost of everything has doubled or tripled. Just in the last 2 years since Biden has been president. Because of his giveaways and the increase in the national debt. And the free printing of money. I remember my folks telling me. When I would ask them for money. Their response was, no, what do you think money grows on trees and we have one in the backyard. Biden thinks he has a couple growing in his backyard. Pre biden my avg trip to the grocery store the bill ran about 50/60 dollars. Today for the same items is running 165/185. When Biden first took office it doubled overnight. That’s not pandemic or supply line break downs. That biden spending money we don’t. He’s writing checks your grandkids or great grandkids are going to have to pay for. If he doesn’t collapse the dollar before then. The value of today’s dollar has to be like 20-25 cents of buying power. Maybe less. Less buying power the more dollars have to be given for an item. Until it’s not worth the paper it’s printed on. Most European countries have bankrupted their currency. Russia went bankrupt in the early 90’s. The ruble was worth 0. Its not that we are making more ( that is the delusion) People making millions and billions of dollars are worthless if you can’t buy something with them. That's the path we have been heading down. Since I've been alive. My first job I had I made $2.35 an hour, my check lasted me all week with a buck or 2 left over. The factory job I had in the 2000's was around $30 an hour and it still took 2 incomes to make things work. Now being on a fixed income I'm struggling come about week 3. And to watch people like him, talk the crap they talk. Today it really doesn’t matter what side of the isle you're on. To come flat out and lie to people like they do. They have to have a cold heart devoid of inner feeling. Just shows how much they really think about the people they represent or even care about them. Still comes back to the same question. Are we better off today than we were 2 plus years ago., The bs talking points set aside. Facts don’t give a sh_t about feeling and emotions.
I agree with everything you say. You do have a couple of figures wrong though. When the dollar was on the gold standard the price was set at $32 per ounce. Today's price is $1,832 per ounce. That makes today's dollar worth $0.02. Back when the dollar was on the gold standard, the new house was only about $20,000. My dad worked construction and took us to see the first $100,000 house I ever saw. It was probably 4000 square foot, and had gold-plated fixtures in the bathrooms. That was a few years after we left the gold standard.
@@garyszewc3339 Thanks for the feedback i know it gets deeper into it. but when listen to peolple in government. sell bs like this guy does. frustration sets in. lol that was the price is the amount of gold someone could get if exchanged a dollar at the federal reserve. they also printed silver notes as well. the $32 was the amount roosevelt set per oz of gold. when Nixon cut the dollar loose from gold. gold could freely trade in the open market. and jumped to something like 1400 overnight. That was the point i was trying to make. While the dollar was tied to gold. $32 bought an oz of gold Not tied to gold. Now it took $1400 to buy that same oz of gold. Means the had less buying power Value use less dollars to buy the same product. When Nixon took out the gold standard and created the fiat currency. He created the biggest ponzi scheme ever run. On the American people and the world. All ponzi’s are doomed to fail in the end. We are just coming to the end of it’s life cycle. Imo anyway. It’s all by design. That is why when we sanctioned Russia at the start of the Ukraine war. And closed access to the world bank in russia. Putin put the ruble back on the somewhat of a gold standard. And demanded payment for his oil and gas in either rubles or gold. Strengthened the ruble and got russia away from having to use the American petrol dollar to buy and sell gas and oil. And opened the door for the Chinese yuan. That was a bad move on this administration's part. Made them more independent and took us from independent. making us more dependent on them. People don’t seem to understand we still use the same amount of barrels of oil per day. As we did before biden took office. The difference is before he took office we supplied our own. After biden took office. Now we have to buy from russia and what they are not suppling we have to get it from the middle east or south america. Lol not a smart move on our part. Unless you go tin hat. And ask the question. Who getting kick backs because of it. Thats not hard to connect a dot to. lol
All well and good,blame Biden for the entire inflation crisis WORLDWIDE..But it would have been so much worse if Trump where the president dont kid yourself.
@@ronpayne8293 inflation was at a 50 year low under Trump. It skyrocketed day one of Liedens administration, when he killed US oil production, causing oil to skyrocket world wide.
If Democrats are doing such a great job why then is inflation still going up? Greedy Corporations who price their goods in usd. More usd means less purchasing power and higher prices.
@J. Sumner true however we know who's fucking who right? At this point it should be obvious to the people we are all considered consumers which is a corporations describing its subjects.
Raskin can factually take down any ultra MAGA, name as requested by Boebert, on any topic all day any day. He is a Constitutional Scholar, an exemplary human being, and possesses intelligence & integrity. I have yet to find one Ultra MAGA capable of speaking at his level or even half his level. In MAGAverse, intelligence and integrity are so poorly lacking I can see why some are struggling to comprehend, I mean after all, when you listen to nonsense, you become accustomed to nonsense and anything other than nonsense presents a cognitive dissonance and rather than attempting to do some independent research on anything held in doubt, it’s far easier to call names, make fun, utilize alternative facts and when all else fails, blame someone else. GQP Playbook 101.
I wish you senators would have to pay for the quality that you have single pay a little more than 140 a month family plan is like 350 more or less my wife when cobra ran out they quoted 760 a month that is for a single person we could save so much money and how many people get paid for working 200 days as year but still get paid 179 thousand a year let’s pay them for the days they work how much money can we save? Some one do the math you will be surprised
If the democrats don't want to get serious about this spending the pas a bill that pays th we bear minimum that is owed and take 20%of all departments down size except for military and social security
B.S. tax the rich greedy corps that has been taking from the poor and giving it to the rich The reason the rich get richer is because they dont share the burdens of the middle and low income . And C.E.O,S GETTING PAID MILLIONS IN BONUS,S YEARLY FOR THE WORK WE DO TAX FREE (MOSTLY)
The CO rep is the smartest one in that room...asked the right question finally. The real debate began at min 25 and amplified at min 30 called out the fed for printing $5t and EU states for doing same and called out their own body for aiding/abetting
The Federal Reserve prints the greenbacks not the government. The Fed is not owned by the government it's owned by a banking consortium. Banks create the real money through loans. Any kind of debt creates money in the system. Blame Richard Nixon when he took the USA off the gold standard in the 1970's. Immediately afterward we experienced inflation. Tying your dollar to gold or anything which is limited effectively stops inflation because there are a limited number of dollars in circulation. As long as our economy is based on debt we will be prey to inflation. The banks control the lending .......
@@easyenetwork2023 Money was not lost in Covid in terms of money in circulation, the amount of USD in circulation has increased by 25% between 2020 and 2021. This is reducing the rarity of the US dollar, making it hold less value (because when there are 20 trillion of something it is going to be worth less than when there is 5 trillion) and this type of inflation (Monetary inflation) was the root cause of the two other types of inflation that have occurred since 2020. Covid caused an output loss, which, alongside decreasing the rarity of the USD, drives inflation, since there are too many dollars chasing too few products. The reduction in output is causing demand push inflation. Currently, people are hemorrhaging money and so there is an issue with people being able to buy a sufficient amount of goods. At the same time inflation has devalued the currency and regulations on our most important industries have increased so much that costs have increased for businesses as a result. This is further driving inflation and is the inflation we are mainly suffering with (in the energy sector and food sector esp.) and it is called cost-push inflation. This is basic freshmen level economics. Keep up bud.
We started having issues way b4 the Clintons. Here's your guideline seems how you have a problem w/solving our problems: Whatever takes our attention off God, GET RID OF IT OR THEM WE DON'T NEED IT OR THEM. WE NEED 2 START NIPPING IT IN THE BUD INSTEAD OF FIXING IT AND IT TAKES A LIFE TIME 2 DO SO.
Without Obamacare, I would have to pay $2300 a month for cobra. I pay $388 a month now with Obama care. If I do find a job soon, I am more than willing to pay back government the subsidy. I feel lucky that Obamacare exist otherwise I will not be able to afford any kind of healthcare and will have to rely on emergency rooms for care
WHO ENFORCES THE CONSTITUTION! WHY do we Go through these RIDICULOUS processes Instead of JUST FOLLOWING THE LAWS of our CONSTITUTION??! Please ENFORCE our CONSTITUTION.
Set a monetary limit on profits obtained through workers productivity. If the company receives a profit of more than 7% after costs are covered, if the company does not improve its infrastructure or provide compensation of monetary benefits to its employees the company will incur huge tax losses that will be imposed upon the corporate heads and shareholders
Evidently our oil companies don’t like maintaining and investing in our infrastructure and production of our own independence that we are paying them for. We have allowed our oil companies to put us at risk of being forced to overpay foreign governments for the oil companies to enrich themselves at our expense and national security risk.
Reminder to everyone that if we follow chipp roy's energy plan we could ruin our environment and potentially end most life on earth in a very short time. The fact that he, nor any republicans, will even consider these outcomes at all and only focus on the riches of their fossil fuel donors is an unforgivable sin.
Coming from the right this is laughible . The most obscure word in the rights Fantasyland,Wonderland or Alt Universe they mostly reside in . Should have a '' long and hard '' look at Trump before ever using the word INTEGRITY. As well I have it on very good intel '' that the only thing long and hard'' on TRUMP was GRADE 3.
And Bernie's ideas of increasing wages helped as well as the war act..of giving people payments to keep going while everything was shut down and changing... to complete home work when they could or delivery drivers..
BTW, who here thinks the CHIPS Act was good for China? The CHIPS Act moved factories back into America. If there is a high cost to move it back to America, that will drive prices up in the short run. However, in the long run, putting factories back in America is going to drive down technology prices over the next 15-20 years. We are also moving all factories and business in the US, rather base in the US, out of China. Under Trump, China was doing better. China is now doing much worse economically and how the world is doing will impact domestic prices. Until we move factories back into America, inflation will likely stay high if it is high around the world.
So this is what Congress does all day. Just throw jabs at each and say nothing of substance that can be used effect real change for us Americans. No wonder congressional approval sits buried beneath the halls they serve in.
Joe Biden your fired
Funny how the unemployment rate is the lowest in 50 years under Biden and manufacturing is coming back and the country is finally rebuilding the infrastructure.
Under Trump....the Drama queen....it was only about him
We wish.
Lmao. He will win in a landslide again.
@@1031E plus, Biden voters are honestly the dumbest people I have ever met. You idiots are willing to let us go into WW3 all die from a nuclear Holocaust than let Trump be president again. Screw you, warmongering lunatic.
Do rag dude is liar
Everybody is forgetting the main thing here though. If Joe Biden would not have Canceled everything that trump has done. This economy would be booming still
Right
Democrats aren't done until government is bankrupt and Big Corpo's start ruling without democracy.
True Enough. These dems tell lie after lie and the blue sheeple eat it up in a cone with sprinkles.
Do you have any research supporting your false narrative?
Tax breaks for billionaires ?
Guess who has a low Inflation rate of 1.3 or 1.5 China cause that's where all of our money goes
That is so "f" up... and they are the enemy. 45 were trying to stop that,
and was doing so well, until they release, (seriously) "chhhynavirus".
"Stop45" at all cost, even if it means, reducing world population.
Elites plan of the """WEF"""" de---population.
Get that liberal off that commitee. what is that on his head, a Pillow case?
He does need to go, but a little compassion. He is undergoing treatment for cancer(???)!
@@russty5692 No compassion we pay him to do a job, if he cant do it leave. he is just another dumb lawyer working for the misguided democrats
@@russty5692 Jamie Ruskin has no compassion for other people!
🤣, bandana because the room is too hot to absorb the sweat
And so why don't you move to Russia since you don't like difference.
I wish the absolute best for anyone that believes anything these democrats have to say.
I truly feel bad for those people.
You're funny. Your Republican leaders are full on lying to you morons to stay mad about fake outrage, all the while losing everywhere including in the courts but sure. Believe what you want 🤣🤣🤣
@@GrimmJaw671 leaders? You sure do put alot of faith in people who do not care about you.
@@James-dz7ek Lmao! What does faith have to do with what i said? You ok? And yes, your leaders. You know? Like desantis, mtg, Boebert, santos, to name a few? Member?
@@GrimmJaw671 they aren't my leaders.
Every word out of any republicans mouth is a lie all the do is lie period food fuel everything will go up if these republicans get control
Anyone who thinks we haven't printed any money since 1917 should not have a say in Congress
That is what Republicans are saying. They also forget that if Trump had nothing to do with the national debt, than neither did any other President, so how would they impact inflation either. In fact, gas prices are not determined by just domestic economic policies alone.
Chip is such a machine lol..the dems as usual extremely out of touch.
Reminder to everyone that if we follow chipp roy's energy plan we could ruin our environment and potentially end most life on earth in a very short time. The fact that he, nor any republicans, will even consider these outcomes at all and only focus on the riches of their fossil fuel donors is an unforgivable sin.
Anyone thinking potato chip roy is bright light for our country must be living in Abbot country and within the no power grid of abbot darkness Evil grows in cracks and holes and lives in chips mind evil grows in the dark where the sun it nevers shines.SOMEONE TURN ON THE LIGHTS FOR F-CK SAKES
Such a tool you mean?
I just want to understand how taxes given back to the tax payers is a give away. But the government giving our taxes to other countries and paying for there pet projects is sensible ? Just a simple question if I have to pay taxes I should be able to dictate how those taxes are spent. And just an FYI for people that say voting for elected officials is the way you dictate how taxes are spent, that is not the answer because obviously people don't agree how government is spending there tax money and the elected officials don't really care what we think.
Okay, do you think Ukraine is going to lose? Do you think the money we spent in Afghanistan was all paid back? Or the money in Iraq? Or in Yemen when Saudis Arabia can afford their own army.
That's what republikkklans believe
Josh, di you have a credit card? It is the same process. You charge on the card, then you pay it off!. That's the simple way to explain it.
@@johnryan5497
But we citizens have a credit limit.
Moving manufacturing here is good but won't reduce inflation. Increasing domestic energy production would, especially independence would by reducing cost. Cutting spending not related to economic activity or productivity improvements would. The executive orders stifleing productivity and adding spending ARE the cause of the inflation. My opinion
Trump began campaigning when he was frustrated he couldn't obtain building materials that were inferior Chinese junk to US GRADE. That was when he realized just how horrible our "Historic Chinese Trade Deal" was crippling us.
Increasing production has nothing to do with whether the oil companies gouge Americans or not. They were gouging us while we suffered through the worst pandemic in at least a hundred years ... what makes you think they wouldn't price gouge if the oil came from another well? this right-wing propaganda is ridiculous.
Moving manufacturing here is going to address inflation, it is going to reduce having to pay Chinese tariffs to ship chips and other products back into the U.S. I do see how higher labor cost might impact profits, but I actually believe the shipping cost and tariff savings might save them over the long run. The biggest cost is building factories and hiring new employees.
Democrats plagerising a Trump policy!
That's not your opinion, that's the plainly observable and verifiable reality of economics and free markets. Milton Friedman and Thomas Sowell have tried to share their wisdom and knowledge with democrats for decades, but they continue to push the idea they've always pushed for......ever more government control and citizen dependency. We know we could be energy independent because we were just a few years ago.......and then the dementia ridden child toucher was (s)elected. Though it's not just free markets that democrats disdain and hate, it's all of our other fundamental American values and principles as well. Free speech, firearms ownership, law enforcement, the virtue of being colorblind, and even the inherent and objective value of life itself are all moral ideas and our American value and principles that democrats hate. It's not that America can't thrive and grow and do very well, it's that sworn public servants who don't like why we're America oppose the ideas of America, ideas that work, ideas that allow for energy independence, ideas that democrats would rather ignore in favor of kneecapping our own energy production in favor of buying from terrorist nations.
Jamie Raskin #nailedit. He is truly the most intelligent, well-spoken and in-touch Representative, hands down! Rooting for you Raskin! Safe healing Journey
Lmfao!
Yes he is. Clinton left us a surplus, while Bush blew through it and added to the deficit. Obama lowered the debt and and Trump blew it up and gave tax cuts
I love raskin
@@rienbrielleredmond1584 I am so impressed with intelligence, thank you for displaying intelligence in your comment, Especially in this crowd where intelligent comments are on the low end of the spectrum.
How can they sit their and clam they did anything to help anyone .
Cognitive dissonance that's how
you didn't get your stimulus check?
Actually I did they put that right into my bank account. I never missed A-day at work. It was money that could have been put elsewhere that it was needed. Thank God the company I work for getting go along with the plandemic.
@@angithomann9981 so they helped you but you didn';t need the help. did you give the money back?
That money helped keep people in their homes and jobs whether you needed it or not. So, in short, they can claim they helped BECAUSE THEY DID
All our money is going to Ukraine
Did you complain when Halliburton stole over a trillion dollars with the 20 year Afgan etc war. Ukraine is not Afgan who wouldn't fight for anything all they and the contractors and the Repubs wanted was money. Now, we send support to a country who doesn't want to be under oppression are using their people to fight. I think it's really a joke that Repubs didn't complain about the soldiers we sent to afgan. You really need to know what it means to stand up for freedom.
GOOD JOB REDUCING THE COST OF FOOD DEMOCRATS OH AND GAS THANKS AGAIN
How can Congress set limits until they know the level of spending .
I love jamies response to the repug statements..!!!
If the chips and science act was so good how come The stocks for chip companies are not doing good at all Of course Hong-Kong came to build a factory here we gave Them billions of dollar To do it
When are they going to strengthen anti trust laws , that have been devastated for decades by GOP ?
When the repubs lose money on their dividends
They have to sweep the dead wood from both political parties in Congress and the Senate....so the country can prevent the multi-nationals from holding everyone hostage
Once at the beginning of the last century Standard Oil...controled by one man...controlled 99% of fossil fuels....he died in 1937 and today he would have 341 billion dollars...what we need are political with the gonads to break up these companies....
If u want to reduce inflation open back up domestic oil not hard to figure out
You realize domestic production is back up to 2018 levels, right? Do you think there are as many refineries as we had in 2018? We also lost Russian oil because we are wisely cutting them off from the global oil market. I hope you will be okay paying a little more for gas to strangle Russia. We actually released oil from the SPR and then bought some of it back at a lower price, thereby making money on oil. Prices on oil are going down and so are pump prices. If gas starts going up dramatically, then we might ramp up domestic production. The problem is, Saudis Arabia lowered production in 2020 and into 2021. If we increase EV production and green energy production, won’t that also lower our reliance on oil and make it so we don’t need more oil? I can see the argument that maybe the grid cannot handle that much EV, but if we get to say 35% EV, that is 30% less oil we need for vehicles and can apply to manufacturing instead and sell to other countries and make money that way.
@@easyenetwork2023 and just so you know under Trump we were exporters of oil we weren't buying from Russia
@@easyenetwork2023 where are you prices are going down? Its gone up about 40 cent a gallon here in the last month or so.
What bs Dem party is
If you mean by BS, better sense I would agree
Tax cuts for major greedy corporations who buy back their own stock and have total disregard for rank and file workers is absurd and evil
Hahahah
Stupid and Evil go hand in hand...
@@blowmeyotbweknowugoodfklit2549 case in point..
It's funny that you mock your fellow Citizen, When in reality you'll be experiencing it the worst.
See the right as you want to call " The premise being Limited in Power Government Tapeworm and Preservation of the Constitutional Republic's LEGAL CONTRACT them "
also are highly skilled in numerous trades so the ability to seek out more work is always in our grasp.. perseverance and Self Reliance. .
Unlike one trick ponies..
What are you going to do when at some point you're paying more Taxes than you Make?
You'll be a slave to the things you think you own..
We have a tendency to save and buy..
@@mjolnirswrath23 who created the job I will wait .
Believing that corporation taxes benefit people who work for the corporation is absurd. Corporation taxes are paid by workers in the form of lower wages. They are paid by consumers in the form of higher prices. Corporate taxes are a political scam that fools the ignorant into thinkiing that politicians are sticking it to rich corporations. Actually, they are sticking it to workers and consumers. Corporations do not pay taxes; they collect from workers and consumers and pass them on to government.
I pray this bill passes. We need brakes and transparency. Especially after the omnibus. 41 million to help Japanese quit smoking.
The last thing Democrats want is transparency, and that is what this bill is about. I hope it passes, too.
@@j.sumner6999 The bill will literally do nothing to rein in inflation.
Okay, if smoking causes cancer and we helped Toyota, who we get help from in theory because they provide $41 billion in jobs and taxes, wasn’t that trade off worth it? I mean, if they have more people healthy to send over to work at our factories, that does stimulate our economy. But who says we spent $41 million to help them and if so, what was the reasoning, there might be a good reasonz
@@j.sumner6999Is the bill about transparency or just a report saying inflation is slightly higher and we need to fix it. If that is all it is, that is not going to lower inflation. They even said we need a price tag on spending, but why did they not have a price in mind already? Surely they know after 2 years what spending should be called at? Why are we not refusing to pay some of Trump’s spending then?
@@Dr_JSHEven transparency won’t fix the problem. Unless you are saying you can point to specific expenditures that are unhelpful and implement proper expenditures to replace those policies.
Take away our dependence on Chinese manufacturing of our products and the Chinese climate threat will be solved. Don’t have the largest polluter in the world be the excuse to not be responsible for ourselves.
Is not about the color of a man's skin it is about the color of a man's soul.
Is it shiny like the heavens Or black is the darkest.
Why don’t corporations lower prices at stores clothing gas insurances and people will have more money to spend
This man with head cover to much lies .it's hard to listen to hear
Great broadcast! Please share more of the complete meetings.
why do you think forbes chops up the hearings into separate videos for republicans and dems and then only posts the republican videos?
It's not the people spending all the money it's the government we need to cut government people . Way too big for taxes to cover ,you cut spending, duh.
I can't even listen to the dems . 😒 I fast forward past them
I cant believe massie is having to explain the tea story to you guys. Thats a 4th grade reader. Im shocked.awakening happening here.
One lie after another!
Unless it cuts spending it is pure subterfuge. After the Inflation "Reduction" act which doesn't and won't I don't trust any of them. My opinion
THAT'S CALLED M.I.T MR RASKINS
Jb your fired
Thank you Mr. Raskin👋👏👏👏👍🙏🙏🙏Prayers for your recovery.
I'm not clear on how corporations reporting RECORD profits, spending millions of those profits on buying back their own stocks (artificially inflating them) increasing CEO'S already obsene salaries as many of those same corporations are receiving FEDERAL SUBSIDIES and not paying there fair share of taxes or increasing pay for those who actually make that very corporation record PROFITS ???
Perhaps the GOP could cut those spending programs ! ??
I DON'T WISH ANYTHING BAD FOR RASKIN. I HOPE HE RECOVERS FULLY IN ORDER TO STAND BEFORE THE HOUSE HEARINGS UNDER OATH AND TESTIFY.
I'M JUST WAITING ON HIM TO BLAME DONALD TRUMP FOR HIS HEALTH ISSUE.
12:00 couldn’t stay quiet any longer. God don’t ever let me become a politician at his level. (raskin level). To be able to sit there and say the things he does with a straight face and with conviction. shmfh
How do people live with themselves and are able to sleep at night?
Text book explanation about inflation. It’s not that complicated to start with. It's the buying power of the dollar. What can you buy with a dollar and how much of it can you get? Do people around the world want to use it.
The issue is how many dollars are out in circulation. My guess is the federal reserve and the treasury don’t really have a clue. Right now the dollar bill is the last vestige of autonomy and something the government can’t really track. If you do business through their back you’re not really dealing with cash. And they can come after the number on the page and freeze it or take it from you. Going to a true government digital currency. They will then be able to stop you from even spending it before you are able to buy something or stop you from buying something they don’t want you to buy.
A true cash transaction at point of sale. They can’t stop you from doing it. And they have no clue where it is. They have an estimation as far as actual dollars being circulated. They know the numbers on the pages. How many dollars are stacked up on pallets in Mexico or South america. Drugs and guns usually trade in some form of actual money.
But the value of the dollar comes from how much is out there and how much more are you going to print. The government is not set up to be a run for profit corporation. The government gets its money from what we pay in taxes. That is what the government has to actually spend. Before the dollar was taken off the gold standard. The actual value of 1 dollar was around 85 to 90 cents that could buy something. Like a gal of gas for 25 cents a loaf of bread a dime, sodas a nickel buy a house for 50-60k new car 2500. over the decades more so in the last 20. Bush jr. the government has been spending more money than what it takes in. and every president over the last 40 or so years has borrowed from china mainly to cover the offset plus printed more dollars. Up until about 2 years ago. The dollar was worth around 50 maybe 60 cents buying power. From the 70’s the cost of everything has doubled or tripled. Just in the last 2 years since Biden has been president. Because of his giveaways and the increase in the national debt. And the free printing of money. I remember my folks telling me. When I would ask them for money. Their response was, no, what do you think money grows on trees and we have one in the backyard. Biden thinks he has a couple growing in his backyard.
Pre biden my avg trip to the grocery store the bill ran about 50/60 dollars. Today for the same items is running 165/185. When Biden first took office it doubled overnight. That’s not pandemic or supply line break downs. That biden spending money we don’t. He’s writing checks your grandkids or great grandkids are going to have to pay for. If he doesn’t collapse the dollar before then. The value of today’s dollar has to be like 20-25 cents of buying power. Maybe less.
Less buying power the more dollars have to be given for an item. Until it’s not worth the paper it’s printed on. Most European countries have bankrupted their currency. Russia went bankrupt in the early 90’s. The ruble was worth 0.
Its not that we are making more ( that is the delusion)
People making millions and billions of dollars are worthless if you can’t buy something with them.
That's the path we have been heading down. Since I've been alive. My first job I had I made $2.35 an hour, my check lasted me all week with a buck or 2 left over. The factory job I had in the 2000's was around $30 an hour and it still took 2 incomes to make things work.
Now being on a fixed income I'm struggling come about week 3.
And to watch people like him, talk the crap they talk. Today it really doesn’t matter what side of the isle you're on. To come flat out and lie to people like they do. They have to have a cold heart devoid of inner feeling.
Just shows how much they really think about the people they represent or even care about them.
Still comes back to the same question. Are we better off today than we were 2 plus years ago.,
The bs talking points set aside. Facts don’t give a sh_t about feeling and emotions.
I agree with everything you say. You do have a couple of figures wrong though. When the dollar was on the gold standard the price was set at $32 per ounce. Today's price is $1,832 per ounce. That makes today's dollar worth $0.02. Back when the dollar was on the gold standard, the new house was only about $20,000. My dad worked construction and took us to see the first $100,000 house I ever saw. It was probably 4000 square foot, and had gold-plated fixtures in the bathrooms. That was a few years after we left the gold standard.
@@garyszewc3339
Thanks for the feedback
i know it gets deeper into it. but when listen to peolple in government. sell bs like this guy does. frustration sets in. lol
that was the price is the amount of gold someone could get if exchanged a dollar at the federal reserve. they also printed silver notes as well.
the $32 was the amount roosevelt set per oz of gold. when Nixon cut the dollar loose from gold.
gold could freely trade in the open market. and jumped to something like 1400 overnight.
That was the point i was trying to make. While the dollar was tied to gold.
$32 bought an oz of gold
Not tied to gold. Now it took
$1400 to buy that same oz of gold.
Means the had less buying power
Value use less dollars to buy the same product.
When Nixon took out the gold standard and created the fiat currency. He created the biggest ponzi scheme ever run. On the American people and the world. All ponzi’s are doomed to fail in the end. We are just coming to the end of it’s life cycle. Imo anyway.
It’s all by design.
That is why when we sanctioned Russia at the start of the Ukraine war. And closed access to the world bank in russia. Putin put the ruble back on the somewhat of a gold standard. And demanded payment for his oil and gas in either rubles or gold. Strengthened the ruble and got russia away from having to use the American petrol dollar to buy and sell gas and oil. And opened the door for the Chinese yuan.
That was a bad move on this administration's part. Made them more independent and took us from independent. making us more dependent on them.
People don’t seem to understand we still use the same amount of barrels of oil per day. As we did before biden took office. The difference is before he took office we supplied our own. After biden took office. Now we have to buy from russia and what they are not suppling we have to get it from the middle east or south america. Lol not a smart move on our part. Unless you go tin hat. And ask the question. Who getting kick backs because of it. Thats not hard to connect a dot to. lol
All well and good,blame Biden for the entire inflation crisis WORLDWIDE..But it would have been so much worse if Trump where the president dont kid yourself.
@@ronpayne8293 inflation was at a 50 year low under Trump. It skyrocketed day one of Liedens administration, when he killed US oil production, causing oil to skyrocket world wide.
@@ronpayne8293 explain to md how would we have bddn a lot worse if grjmp swould bave dond a second term.
because i have a hard time seeing it.
It’s their rules that allowed it to get to this and they are just acting like they are doing something.
They planned all this.
Gaslighter Raskin strikes again!
Chip Roy is great
Can someone, please, tell me why this
"Male' is suddenly always wearing different colored bandanas @ these Hearings?
Chip Roy killed it!
yes chip roy needs a TOETAG.
@@ronpayne8293 are you saying he should be dead?
Democracy?
@@willienixon6847 oh look, another “special” person saying special things.
Killed his argument. LMAO republikkklans blew the debt up
If Democrats are doing such a great job why then is inflation still going up? Greedy Corporations who price their goods in usd. More usd means less purchasing power and higher prices.
Let's get real can't serve the public and private sectors simultaneously?!?
They are interdependent.
@J. Sumner true however we know who's fucking who right? At this point it should be obvious to the people we are all considered consumers which is a corporations describing its subjects.
Another stalemate ,nothing new ,the rich and greedy are still rich and greedy !
Raskin looked like a blithering fool once the truth was told to him.
Raskin can factually take down any ultra MAGA, name as requested by Boebert, on any topic all day any day. He is a Constitutional Scholar, an exemplary human being, and possesses intelligence & integrity. I have yet to find one Ultra MAGA capable of speaking at his level or even half his level. In MAGAverse, intelligence and integrity are so poorly lacking I can see why some are struggling to comprehend, I mean after all, when you listen to nonsense, you become accustomed to nonsense and anything other than nonsense presents a cognitive dissonance and rather than attempting to do some independent research on anything held in doubt, it’s far easier to call names, make fun, utilize alternative facts and when all else fails, blame someone else. GQP Playbook 101.
If your low or middle income even your minimum wage even dollar tree went up and shrink food products
In order to fix something you have to know where it came from
120 billions for Zelensky.
Hi, I’m prison Mike…
WHY are you IGNORING the BILLIONAIRE TAX CUTS and COMPLAINING ABOUT FOOD STAMPS and INSULIN??!!
LETS GO BRANDON !!!
I wish you senators would have to pay for the quality that you have single pay a little more than 140 a month family plan is like 350 more or less my wife when cobra ran out they quoted 760 a month that is for a single person we could save so much money and how many people get paid for working 200 days as year but still get paid 179 thousand a year let’s pay them for the days they work how much money can we save? Some one do the math you will be surprised
What's with the doo rag?
AND AMERICANS NEED FINANCIAL HELP ESPECIALLY LOW NO INCOME AND THE ELDERLY AND DISABLED
Does Raskin identify as Long John Silver or what?
🤣, looks like it!!
He’s got cancer
@@lauradawson6707 Figured as much. Couldn’t have happened to a nicer person.
If the democrats don't want to get serious about this spending the pas a bill that pays th we bear minimum that is owed and take 20%of all departments down size except for military and social security
B.S. tax the rich greedy corps that has been taking from the poor and giving it to the rich The reason the rich get richer is because they dont share the burdens of the middle and low income . And C.E.O,S GETTING PAID MILLIONS IN BONUS,S YEARLY FOR THE WORK WE DO TAX FREE (MOSTLY)
Pandemic didn't help also
The fix is start drill for oil
so your idea of your future grandchildrens life is not to let them have one .
WE NEED A FAIR ECONOMIC SYSTEM
Which crony capitalism definitely is not.
The CO rep is the smartest one in that room...asked the right question finally. The real debate began at min 25 and amplified at min 30
called out the fed for printing $5t and EU states for doing same and called out their own body for aiding/abetting
Well, okay, since $20 trillion was lost to the COVID pandemic, mostly in one year, do you think there is too much money in the market?
@@easyenetwork2023 where did you hear $20T? the one GOP tea analogy dude said $5T...regardless and to your point, yes. our dollar is weak (diluted).
The Federal Reserve prints the greenbacks not the government. The Fed is not owned by the government it's owned by a banking consortium. Banks create the real money through loans. Any kind of debt creates money in the system.
Blame Richard Nixon when he took the USA off the gold standard in the 1970's. Immediately afterward we experienced inflation.
Tying your dollar to gold or anything which is limited effectively stops inflation because there are a limited number of dollars in circulation.
As long as our economy is based on debt we will be prey to inflation. The banks control the lending .......
@@easyenetwork2023 Money was not lost in Covid in terms of money in circulation, the amount of USD in circulation has increased by 25% between 2020 and 2021. This is reducing the rarity of the US dollar, making it hold less value (because when there are 20 trillion of something it is going to be worth less than when there is 5 trillion) and this type of inflation (Monetary inflation) was the root cause of the two other types of inflation that have occurred since 2020.
Covid caused an output loss, which, alongside decreasing the rarity of the USD, drives inflation, since there are too many dollars chasing too few products. The reduction in output is causing demand push inflation.
Currently, people are hemorrhaging money and so there is an issue with people being able to buy a sufficient amount of goods. At the same time inflation has devalued the currency and regulations on our most important industries have increased so much that costs have increased for businesses as a result. This is further driving inflation and is the inflation we are mainly suffering with (in the energy sector and food sector esp.) and it is called cost-push inflation.
This is basic freshmen level economics. Keep up bud.
Why don’t they not blame corporations that keep raising prices
Those same corporations with record breaking profits? I wonder the same thing.
We started having issues way b4 the Clintons. Here's your guideline seems how you have a problem w/solving our problems: Whatever takes our attention off God, GET RID OF IT OR THEM WE DON'T NEED IT OR THEM. WE NEED 2 START NIPPING IT IN THE BUD INSTEAD OF FIXING IT AND IT TAKES A LIFE TIME 2 DO SO.
"WALMART Hillary" cemented our demise.
You can always know when a Dem talks....WHAAA!
and you can tell when a republican is lying '' HIS LIPS ARE MOVING ''
Without Obamacare, I would have to pay $2300 a month for cobra. I pay $388 a month now with Obama care. If I do find a job soon, I am more than willing to pay back government the subsidy. I feel lucky that Obamacare exist otherwise I will not be able to afford any kind of healthcare and will have to rely on emergency rooms for care
Hanks for letting us know you're a troll.
The inflation reduction act 🤣🤣🤣
WHO ENFORCES THE CONSTITUTION!
WHY do we Go through these RIDICULOUS processes Instead of JUST FOLLOWING THE LAWS of our CONSTITUTION??!
Please ENFORCE our CONSTITUTION.
Set a monetary limit on profits obtained through workers productivity. If the company receives a profit of more than 7% after costs are covered, if the company does not improve its infrastructure or provide compensation of monetary benefits to its employees the company will incur huge tax losses that will be imposed upon the corporate heads and shareholders
Placing a limit on profits places a limit on wages. Without increased profit, wages stagnate.
Evidently our oil companies don’t like maintaining and investing in our infrastructure and production of our own independence that we are paying them for. We have allowed our oil companies to put us at risk of being forced to overpay foreign governments for the oil companies to enrich themselves at our expense and national security risk.
What the hell are you babbling about?
What’s it say? Deregulate trains and give tax breaks to billionaires?
I haven't seen the prices nor costs reduction at supermarkets. Today they charged me 3 dollars for 3 bitters oranges
Reminder to everyone that if we follow chipp roy's energy plan we could ruin our environment and potentially end most life on earth in a very short time. The fact that he, nor any republicans, will even consider these outcomes at all and only focus on the riches of their fossil fuel donors is an unforgivable sin.
Totally agree! Fossil Fuels are Finite. Simple concept yet so hard for some to grasp
No 1 page reporting bills. Use the tax payers money to help the tax payers PLEASE!!
She's lying too
The lady from Pennsylvania I'm in Pennsylvania and the gas , grocery, energy prices are not down she lie 🤥
Don't vote her back in again
Democrats deliver !!
Republicans resist action..!!!
The dishonesty coming from the left side of the isle is wild. It’s like they have no integrity…
Coming from the right this is laughible . The most obscure word in the rights Fantasyland,Wonderland or Alt Universe they mostly reside in . Should have a '' long and hard '' look at Trump before ever using the word INTEGRITY. As well I have it on very good intel '' that the only thing long and hard'' on TRUMP was GRADE 3.
Love Comer! 🇺🇸💜
And Bernie's ideas of increasing wages helped as well as the war act..of giving people payments to keep going while everything was shut down and changing... to complete home work when they could or delivery drivers..
Direct actions??? lower the cost of insulin??? that's it? that"s what has USA economy fuedup????? oh right, cost of insulin. How NAIVE!!!!!!!!!!!!!!!
The economy is doing good and the inflation coming down slowly with is a good sign
Reduced deficit? Documented increase to deficit each year is actually the truth.
Chip has got everything exactly right "they have everything exactly bass ackward.
No... as soon as the pandemic hit.....He must have missed the memo that inflation HAS BEEN reduced. !! Without attacking social services !!!
I'm.listening to these GOP steady blaming Biden ..why they not going to do be
Was that’s the pipe line that broke spilling millions of oil?
BTW, who here thinks the CHIPS Act was good for China? The CHIPS Act moved factories back into America. If there is a high cost to move it back to America, that will drive prices up in the short run. However, in the long run, putting factories back in America is going to drive down technology prices over the next 15-20 years. We are also moving all factories and business in the US, rather base in the US, out of China. Under Trump, China was doing better. China is now doing much worse economically and how the world is doing will impact domestic prices. Until we move factories back into America, inflation will likely stay high if it is high around the world.
So this is what Congress does all day. Just throw jabs at each and say nothing of substance that can be used effect real change for us Americans. No wonder congressional approval sits buried beneath the halls they serve in.
This raskin dude is indeed special
Yes lets lower the regulations on safety some more ..not!!
Did he just try to put this on Nancy Pelosi? Lol
I don't know where she buying our goods at
The only reason it's going down is cuz they got caught jacking the price
Is there anything legal left of the democrats party of extreme exaggeration
The gop want to take your pensions and your health care too
Who elected Prison Mike to the House?
U all didn't pay taxes.. we did
It's a shame
I know people who can't get the insolent right now he's lying
Parking meters. Retail stores. Credit-card schools college's prices keep raising
Gas is still high food is high