Reply With QuoteNo they won't. They didn't see their tax bills cut before. They did see their refunds get cut though. Well done, moron.Originally Posted by Grokmaster
Thread Killer
Well then, let me refresh your memory.
https://www.cbsnews.com/news/obama-e...hore-drilling/Escalating his administration's response to the disastrous Gulf oil spill, President Barack Obama announced Thursday a moratorium on new deepwater oil drilling permits will be continued for six months while a presidential commission investigates, a White House aide said.
https://www.reuters.com/article/us-o...64P6O120100526Obama to keep deep water drilling permit ban
Obama ended virtually all new offshore drilling and exploration. Trump restored that and has even tried to expand it.
Obama ended new drilling in the Arctic. Trump restored that.
https://www.transportenvironment.org...-%E2%80%93-nowThe Obama administration has blocked any new drilling permits for oil in the Arctic for the next two years, and refused requests to extend existing drilling permits. The decision follows Shell’s abandonment of Arctic drilling in September and could signal the end of the threat of oil exploration in the delicate Arctic ecosystem.
Even Obama friendly Factcheck.org can't find a way to say Obama wasn't lying when he tried to take credit for the oil boom under Trump
https://www.factcheck.org/2018/11/ob...ing-oil-boast/Former President Barack Obama said the fact that the United States is now the world’s biggest oil producer didn’t happen “suddenly.” Instead, “that was me, people.”
Even CNN had to report that the courts forced Obama to stop foot dragging on new drilling permits.
https://money.cnn.com/2011/02/18/new...mits/index.htmA federal court ordered the Obama administration Thursday to act on five deep water drilling permits in the Gulf of Mexico within 30 days, calling the delays in issuing new decisions "unreasonable, unacceptable, and unjustified."
In a case brought by the drilling company Ensco, U.S. District Court for the Eastern District of Louisiana Judge Martin Feldman ruled that the four to nine months the company has waited for a decision on the permits it has a stake in is simply too long.
Obama ended virtually all new drilling on federal land. Trump restored the permitting process.
https://www.reuters.com/article/us-u...-idUSKCN1RO18AThe United States approved nearly 40 percent more oil and gas drilling permits on public lands in 2018 than it did the previous year thanks to an automated online system introduced in the waning days of the Obama administration, helping reduce a big backlog of applications.
And, now Biden is saying he'll do the same shit Obama did on steroids and that's gotten the oil industry's attention.
https://www.eenews.net/stories/1063713693Drillers in the largest onshore U.S. oil and gas field are rushing to secure permits ahead of a potential Joe Biden presidency, analysts say, reflecting industry uncertainty about the November election.
Even Politifact, Biden friendly, can't cover for Biden's statements.
https://www.politifact.com/factcheck...lling-and-no-/Biden said: "No more — no new fracking."
Moments later, he repeated "no more drilling on federal lands."
The numbers may be exaggerated, but Biden's energy plan will tank the economy and cost lots of good paying jobs (oil jobs average just shy of $80,000 a year, solar and wind barely make $50,000 on average).
https://www.washingtonexaminer.com/p...oil-lobby-saysJoe Biden’s proposal to ban new offshore oil and gas drilling in federal waters would cost nearly 200,000 jobs, strip the U.S. government of billions in dollars of revenue, and potentially push production to other countries, according to a new study commissioned by the industry’s trade group.
Bottom line:
The Obama administration tried hard to reduce oil and gas production driving prices sky high (thank you Mr. Obama in one way... I sold my share in one oil well for well into six figures... Bought two new cars with a little of that. Sold to these guys. https://sansabaroyalty.com/ Cashing that check at the bank was a real hoot too! ) and making the US an energy importer. Trump has massively expanded US production, driven prices lower made Middle East oil irrelevant to the US, and returned the US to being an energy exporter. Good for him.
Biden proposes we return to the stupidity of going "green" that Obama disastrously pushed.
Last edited by T. A. Gardner; 10-09-2020 at 03:34 PM.
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No they won't. They didn't see their tax bills cut before. They did see their refunds get cut though. Well done, moron.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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JPP Contributor
BIDEN'S TAX PLAN WILL COST WORKING AMERICANS SEVERAL THOUSAND DOLLARS...OF THEIR OWN MONEY.
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
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Nope. If you take two steps back to take one step forward, how many steps does that leave you behind?
The tax cut reduced revenue and here's how:
Actual receipts as reported by Treasury.
The Russia Tax Cut started 1/2/18. Here's how it depressed revenue:
Receipts
Jan-2017: $344,069
Feb-2017: $171,713
Mar-2017: $216,584
Apr-2017: $455,605
May-2017: $240,418
Jun-2017: $388,660
Jul-2017: $232,040
Aug-2017: $226,311
Sep-2017: $348,722
Oct-2017: $235,341
Nov-2017: $208,374
Dec-2017: $325,797
Total-2017: $3,393,634
Receipts
Jan-2018: $361,038
Feb-2018: $155,623
Mar-2018: $210,832
Apr-2018: $510,447
May-2018: $217,075
Jun-2018: $316,278
Jul-2018: $225,266
Aug-2018: $219,115
Sep-2018: $343,559
Oct-2018: $252,692
Nov-2018: $205,961
Dec-2018: $312,584
Total-2018: $3,330,470
-$63,164 from previous year
Receipts
Jan-2019: $339,980
Feb-2019: $167,265
Mar-2019: $228,811
Apr-2019: $535,545
May-2019: $232,064
Jun-2019: $333,952
Jul-2019: $251,348
Aug-2019: $227,965
Sep-2019: $374,028
Oct-2019: $245,520
Nov-2019: $225,185
Dec-2019: $335,805
Total-2019: $3,497,468
+103,834 from 2017, a 3% gain
Inflation from 2017 to 2019 was 4.3%
So the net loss is about -1.3% from two years of tax cuts.
The tax cut didn't increase revenue.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
Again, it wasn't Obama that drove oil prices sky high...WE WERE A NET OIL EXPORTER FOR MOST OF OBAMA'S ENTIRE TERM.
The reason oil prices went up was because of two things, one of which was your fault:
1. OPEC cutting production and supply in 2009-2011, and then again in 2013, then again in 2014. (Not your fault)
2. Our blundered invasion and occupation of Iraq. (That one is your fault because you supported it)
Last edited by LV426; 10-09-2020 at 03:44 PM.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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JPP Contributor
IRRELEVANT BULLSHIT ; THE GREATEST ANNUAL TAX REVENUES IN HISTORY ,WERE in 2019 = 3.46 TRILLION.
AFTER THE TAX CUTS.
THE TAX CUTS ALLLOWED MORE AMERICANS TO KEEP MORE OF THEIR OWN MONEY= ECONOMIC ACTIVITY= MORE TAX REVENUE GENERATED.
BIDEN'S TAX PLAN WILL COST WORKING AMERICANS SEVERAL THOUSAND DOLLARS...OF THEIR OWN MONEY.
CHOKE ON IT.
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
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Which we could have hit earlier, had you not reduced revenue and created trillion-dollar deficits while plunging the economy into a Depression.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
The tax cut reduced revenue the first year, and then reduced revenue further, after inflation.
You are 1.3% off where you should be.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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JPP Contributor
THE TREASON-O-CRAT SHUTDOWNS CAUSED OVER HALF OF THE CURRENT DEFICIT, AND YOU AND YOURS ARE STILL TRYING TO CRACH THE ECONOMY...BUT IT'S RECOVERY TOO FAST FOR YOU.
STILL AFRAID TO ADDRESS THE CATASTROPHIC FOR AMERICAN TRAX PAYERS BIDEN TAX PLAN WE SEE.
IT WILL COST WORKING AMERICAN FAMILIES THOUSANDS OF THEIR OWN DOLLARS.
WHO CAN BLAME YOU" TREASON-O-CRATS ALWAYS HAVE TO LIE ABOUT THEIR TRUE AGENDA TO GET ELECTED
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Verified User
We were in a recession before the lockdowns:
It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-...rted-february/
Manufacturing was in a recession for all of 2019, before the lockdowns:
U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busin...-spot-economy/
Both recessions are 100% thanks to the tax cut you stupidly support.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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JPP Contributor
STILL AFRAID TO ADDRESS THE CATASTROPHIC FOR AMERICAN TAX PAYERS BIDEN TAX PLAN WE SEE.
IT WILL COST WORKING AMERICAN FAMILIES THOUSANDS OF THEIR OWN DOLLARS.
WHO CAN BLAME YOU" TREASON-O-CRATS ALWAYS HAVE TO LIE ABOUT THEIR TRUE AGENDA TO GET ELECTED
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Verified User
You're the only one saying this...no one else is.
You also are afraid to address the facts that your shitty tax cut plunged manufacturing into a recession last year, and the whole economy into a recession in February.
The lockdowns started mid-March.
Everything you believe is trash and once Trump is gone, you are going to try your hardest to distance yourself from him.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
When Trump is gone, you are going to go on quite the rehabilitation tour to try and distance yourself from him.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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JPP Contributor
I'm THE ONE POINTING IT OUT....READ THE THREAD TITLE.
I DON'T GIVE A FUCK WHAT "ANYONE ELSE SAYS".
STILL AFRAID TO ADDRESS THE CATASTROPHIC FOR AMERICAN TAX PAYERS BIDEN TAX PLAN WE SEE.
IT WILL COST WORKING AMERICAN FAMILIES THOUSANDS OF THEIR OWN DOLLARS.
WHO CAN BLAME YOU" TREASON-O-CRATS ALWAYS HAVE TO LIE ABOUT THEIR TRUE AGENDA TO GET ELECTED
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Thread Killer
Yes, it was Obama. Unlike your graph this goes to 2016
You'll note that domestic production dropped until shortly before Obama left office while imports rose.
How do you know what my position on Iraq is / was? I've never discussed that here. Aside from that, Iraq had nothing to do with US oil prices.2. Our blundered invasion and occupation of Iraq. (That one is your fault because you supported it)
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