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Yeah, gas prices are up. Because folks are getting back to work and traveling again thanks to Biden’s vaccination drive. Econ101

Yeah, gas prices are up. Because folks are getting back to work and traveling again thanks to Biden’s vaccination drive. Econ101 | When Republicans attack Democrats for getting the economy back to normal: | image tagged in dj khaled congratulations you played yourself deep-fried 3,economy,economics,conservative logic,covid-19,vaccinations | made w/ Imgflip meme maker
DJ Khaled congratulations you played yourself deep-fried 3 memeCaption this Meme
38 Comments
5 ups, 4y,
1 reply
I don't think it means what you think it means | "Normal" ? I don't think it means what you think it means | image tagged in i don't think it means what you think it means | made w/ Imgflip meme maker
Seriously ?
1 up, 4y,
1 reply
Biden economy inherited | image tagged in biden economy inherited | made w/ Imgflip meme maker
Biden inherited the worst economy in modern history — worse even than the economy Bush left Obama with.

We’re still in a hole, we’re still not *all* the way there, but we’re getting there. All the indicators say we are.
3 ups, 4y
An Economy created by the thieving Democrats that you encourage to keep stealing
4 ups, 4y,
1 reply
Where can I get some those drugs you are on?
Seriously. You must high.
[deleted]
0 ups, 4y
HE'S | made w/ Imgflip meme maker
4 ups, 4y,
1 reply
1 up, 4y,
3 replies
Great question - they say this :)
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0 ups, 4y
[deleted]
0 ups, 4y
More disinformation from the liberals
[deleted]
0 ups, 4y,
1 reply
maybe you should read that again this is from CBS news and they like biden
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0 ups, 4y
https://www.cbsnews.com/news/april-2021-jobs-numbers-266k/
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2 ups, 4y,
2 replies
that's some fancy economics you got there!
[deleted]
2 ups, 4y,
1 reply
All that the average brain numb leftist knows about economics is what the Dem Party cheerleaders working at CNN and MSNBC tell them is . . . economics. So naturally they are as ignorant about the subject matter as . . . Dementia Joe Biden himself.
[deleted]
2 ups, 4y,
1 reply
when you really think about it, better_call_sloths economics is kinda like super-charged capitalism on steroids

then again, maybe he just uses numbers that identify as economics! :p
[deleted]
1 up, 4y
LMAO
0 ups, 4y,
4 replies
More people returning to the workforce (and more people who are already working moving from remote work to returning to the office) = more commuting = higher demand for gas = higher gas prices

Econ 101 my man
[deleted]
2 ups, 4y,
1 reply
please tell me you're not a lecturer!
0 ups, 4y,
2 replies
We also have:

-More planes returning to the skies
-More work travel and leisure travel
-More parents sending their children back to in-person classes
-More parents sending their children to after-school activities

Just a few more things that come to mind adding to the rising demand for gas

In other words, the steady transition to post-pandemic life activities, thanks primarily to the stunning success of Biden’s mass vaccination campaign

C’mon, man! Y’all freedom-lovers should be happy!
[deleted]
1 up, 4y
so how come the more jobs Trump brought back, the gas prices went down steadily ...instead of "up"?
[deleted]
0 ups, 4y
[deleted]
1 up, 4y,
1 reply
So what happens when commodities get scarce in your world then ...presumably, prices go down!?
0 ups, 4y,
1 reply
Can’t refute my point, so make up something totally opposite to what I said

Excellent logic my man
[deleted]
1 up, 4y,
2 replies
no I'm looking to be educated by you, so I just followed your statement to it's logical conclusion

so, when commodities get scarce in your world ...prices go down, amiright?!
[deleted]
1 up, 4y,
1 reply
I'm thinking he should let this one go
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1 up, 4y
you would think! :p
0 ups, 4y
In a word, nope

Even Trump knows enough economics to tell you that!
[deleted]
0 ups, 4y
More disinformation from the liberals
[deleted]
0 ups, 4y,
1 reply
0 ups, 4y,
1 reply
I offered an explanation for higher gas prices based on current macroeconomic trends and basic supply-and-demand.

What’s yours?
[deleted]
0 ups, 4y,
1 reply
Does it look like the demand is bouncing back that quickly?
[deleted]
0 ups, 4y,
1 reply
lets talk more about supply and demand of oil I just happen t o have a dashboard with really good industry numbers
0 ups, 4y,
1 reply
Okay.

So far I’ve seen a lot of anti-liberal invective, and even some charts tossed out, but no attempt to offer an alternative plausible theory behind the gas price rises that rebuts my demand-focused theory — which is based on everything I’ve seen and read about the ending of the Covid pandemic era (which caused demand to slump so drastically in the first place) and witnessed directly in terms of the economic activity in my area.

It’s not enough to post a chart and try to flex. You have to offer an alternative theory.

In terms of basic economics, the two other basic options available to you are:

1. The supply of oil contracted;
2. Oil & gas companies have conspired to collusively raise prices on consumers for no reason other than they can (behaving as a monopoly).

So? What is it?

The Colonial Pipeline hack that has been in the news lately doesn’t really work since gas prices had already risen by then - it’s also a more regional event, to my knowledge (there hasn’t been panic-buying at the pump where I live).

Or do you think Joe Biden is somehow evilly raising gas prices just to make you mad?
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0 ups, 4y,
1 reply
Mr. Sloth, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this thread is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
0 ups, 4y,
1 reply
I merely accepted your offer to "talk more about supply and demand." And you whiffed. Sad!

If you want to debate with the big boys, you're going to have to do better than posting memes of Trump making a derptastic fool of himself.

I keep referencing Econ 101. Did you go to college? Did they at least offer Economics at your high school?

Show me you can do more than post a chart and try to flex. Make your argument. What is going on, and why do you think it's Biden's fault? (Wild guess: I imagine you do).
[deleted]
0 ups, 4y,
1 reply
0 ups, 4y
Awww, and we were just getting to the fun part

If we’ve now exceeded the depth of your knowledge base, you can always tap in a friend, no shame in that
3 ups, 4y
[deleted]
1 up, 4y
DJ Khaled congratulations you played yourself deep-fried 3 memeCaption this Meme
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When Republicans attack Democrats for getting the economy back to normal: