Joe Biden reportedly exports 5 million oil barrels despite US gas prices
https://nypost.com/2022/07/06/joe-biden-exports-oil-barrels-despite-us-gas-prices-report/
Oil from U.S. reserves sent overseas as gasoline prices stay high
https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high
The Biden crime family is a wholly owned subsidiary of the CCP. Treason is a capital offense.
Bullshit. Now consider some facts versus the trolling hell bound fiction:
5 Ways the Trump Administration’s Policy Failures Compounded the Coronavirus-Induced Economic Crisis
Last week, the total coronavirus death toll in the United States surpassed 100,000—a grim milestone in a battle that the Trump administration was not adequately prepared to fight. The United States now accounts for more than a quarter of the world’s COVID-19 deaths despite only accounting for roughly 4 percent of its population. The Trump administration’s failed public health response is mirrored by its failure to respond to the economic crisis, which has led to an economic fallout that sets the United States apart from other high-income nations.
With some 37.6 million Americans filing for unemployment insurance since the beginning of March and the official unemployment rate reaching 14.7 percent in April—a level not seen since the Great Depression—the American economy is in a disastrous state, with repercussions expected for years to come. The level of economic and public health pain that Americans are now experiencing, however, was not inevitable, but rather the consequence of a series of policy failures that started well before the coronavirus outbreak. The Trump administration’s past actions weakened the United States’ ability to respond to the pandemic, and its current actions continue to exacerbate the dual public health and economic crises. Although Congress was able to pass a series of stimulus measures that have blunted the economic pain for families, this relief happened in spite of the Trump administration, not because of it.
The weakness of the Trump administration’s economic response to the coronavirus crisis—much like the failure of its public health response—can be seen in comparison with the United States’ international peers. As demonstrated by the experiences of peer nations, a rapid and coordinated public health response could have contained the pandemic more effectively and reduced the mounting economic losses. Instead, it seems as though the United States is getting the worst of both: the highest death toll of any country and what will likely be the sharpest economic contraction in American history.
Cross-country comparisons of unemployment rates illuminate how effective strong worker protections and early testing measures could have been in the United States had they been promoted by the federal government. South Korea, which largely avoided shutting down its economy due to its early and aggressive actions, recorded an unemployment rate of 3.8 percent in April—only slightly above the 3.3 percent figure recorded in February. Australia, which implemented a wage subsidy program equivalent to 3.5 percent of its gross domestic product (GDP), has seen its unemployment rate increase from 5.1 percent to 6.2 percent over the same time period. Germany, too, only saw a modest increase in its unemployment rate, as it ticked up from 5.0 percent to 5.8 percent. The United States, on the other hand, recorded an unemployment rate of 14.7 percent in April—up dramatically from the 3.5 percent figure in February.
These differences in unemployment rates have massive consequences for the number of Americans currently without employment. Had the United States unemployment rate followed the same trajectory as those of its peers, millions more Americans would still be employed. Based on the percent changes in unemployment rates, between 17 and 18 million more Americans would still have their jobs if the United States had experienced changes in unemployment rate similar to those of Australia, Germany, or South Korea. And even if the United States had followed a slightly worse trajectory, like that of Canada, at least 11 million fewer people would be unemployed. Importantly, while these figures are illustrative in nature, they actually likely understate the hypothetical difference in job loss given the large drop in the labor force as well as official measurement issues."
https://www.americanprogress.org/ar...mpounded-coronavirus-induced-economic-crisis/
U.S. Trade Deficit With China and Why It's So High? This obviously and ultimately being a lawlessly hacked in tRump act of treason at being a concubine for foreign enemies, and that goes for his seditious and co conspire repuke tripe too:
This column details five ways that the Trump administration has failed to address the coronavirus pandemic and subsequent economic fallout: 1) an inadequate public health response, 2) a failure to help workers, 3) years of slashing safety nets, 4) an indifference to state and local struggles, and 5) a failure to help small businesses. As the rest of the world begins to reopen safely, it is important to acknowledge that this failed inaction worsened the pandemic and recession in the United States.
1. A botched public health response
The Trump administration failed to take the coronavirus outbreak seriously. In late February, while other high-income countries were ramping up testing and developing tracing procedures, President Donald Trump stated that “the Coronavirus [was] very much under control.” It was during these critical early weeks and months that the United States should have been stockpiling protective gear for frontline workers and making testing widely available. In contrast, South Korea, a country whose first confirmed case of COVID-19 coincided with that of the United States, bought 720,000 masks for employees of businesses considered at risk of exposure to the coronavirus. When asked if the U.S. federal government would supply personal protective equipment (PPE) to states, President Trump responded that it would not act as a “shipping clerk.”
The United States also lagged significantly in testing during the critical early weeks of the outbreak. Looking at countries that were hit particularly hard by the coronavirus pandemic, it is clear that the United States ranks poorly in how quickly it scaled up testing. It took Iceland only one day to reach a daily testing rate of one test per 1,000 residents after surpassing the milestones of 1,000 total confirmed cases and at least 100 cases per million residents. It took Lithuania, Norway, and New Zealand seven, eight, and 14 days, respectively, to reach that same daily testing rate. Meanwhile, it took the United States 55 days to reach that same rate, placing it second to last among the 23 countries that met these testing threshold criteria. The Trump administration dragged its feet for nearly two months while millions of Americans were exposed to the virus."
https://www.americanprogress.org/ar...mpounded-coronavirus-induced-economic-crisis/