Rising gas prices to wipe out the tax cuts for many Americans.

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  1. Randy Godwin profile image92
    Randy Godwinposted 6 months ago

    Gas prices are soaring as usual under Republican leadership. This will hurt middle and lower classes more than it does those who got the lions' share of the tax cuts. Not only do we have to repay the Chinese for the money we borrowed , we now have to pay higher prices for fuel. I hope those wanted the small cuts will enjoy paying more for their travel. Remember Dubya's and Cheney's record as far as fuel prices went under Dubya's term? Same old same old!  sad

    1. JAKE Earthshine profile image79
      JAKE Earthshineposted 6 months agoin reply to this

      Randy, the worker got creamed by Spanky Trump's / republican's corporate welfare tax cut scheme that transferred trillions of our wealth to his elite Wall Street pals and will add roughly 7 trillion to the national debt:

      It must be repealed ASAP: And now with nosebleed gas prices Mr. Trump caused with his reckless big mouth and insane policies, the little temporary tax cut crumbs workers got out of that atrocious losing deal will be more than consumed by high gasoline costs:

      But what did we expect from a con man who operated a fake university?

      The worker and senior citizens will pay dearly in high gas prices, but this beautiful piece of work called elitist Steve Mnuchin, Donny's little pal, and his lovely gold digger wife who will rake in tens of thousands if not millions from Mr. Trump's corporate welfare tax cut scheme won't feel a thing, they'll be just fine on your dime thank God:

      https://usercontent2.hubstatic.com/14054865.jpg

    2. Live to Learn profile image78
      Live to Learnposted 6 months agoin reply to this

      Old enough to remember the rise of prices and the length of time....Only a fool would think this thread had merit.

      1. Randy Godwin profile image92
        Randy Godwinposted 6 months agoin reply to this

        Only a fool would comment if they thought the thread didn't have merit. tongue

        1. Live to Learn profile image78
          Live to Learnposted 6 months agoin reply to this

          Touche Randy touche. If so, I'm in good company with you.

          1. GA Anderson profile image85
            GA Andersonposted 6 months agoin reply to this

            "... in good company with you."
            Ah, come on Live to Learn. You got busted. Deal with it. That last little blurb didn't help.

            GA

            1. Live to Learn profile image78
              Live to Learnposted 6 months agoin reply to this

              Busted? For pointing out, in a few words, what you spent quite a bit of trouble expanding on?

              I've spent too many miles commuting, over too many years watching gas prices, to come to any other collision than it takes blinders (or a lack of interest) to assume gas prices are controlled by a sitting president.

              1. GA Anderson profile image85
                GA Andersonposted 6 months agoin reply to this

                That wasn't what I meant Live to learn. I was kind of giving you kudos for the "Touche'," and then poking you for adding the ending 'you are too..." part.

                GA

                1. Live to Learn profile image78
                  Live to Learnposted 6 months agoin reply to this

                  Poking fun? Ok. That one went over my head.

    3. GA Anderson profile image85
      GA Andersonposted 6 months agoin reply to this

      Hi there Randy, how do you come to the conclusions that these higher gas prices are the fault of Republican leadership, and are somehow associated with Pres. Trump via his tax cut legislation, and our Chinese debt?

      I looked around a bit, (I started with Jake's link in support of his facts), and could only find a couple "iffy" possibilities that blaming the Republicans, or Pres. Trump, was a legitimate exercise.

      One possible cause was ours, and the world's strong economies producing higher demand. It seems that if you want to blame Pres. Trump and the Republicans for that, then you first have to give them credit for their policies that produced our currently strong economy. I doubt you want to do that, so that one is dead in the water.

      The other was the probable loss of Iran's oil production, (due to our cancelling the Iran deal), but there were varying opinions as to whether that loss could easily be made-up elsewhere. So that one seems a little "iffy" too, but perhaps it could be the straw you grabbed.

      Ironically one cause attributed to be a major one was our strengthening dollar. But the primary cause most sources attributed to be responsible for the higher prices was an OPEC/Russian production-cut agreement.

      The China debt thing is a puzzler, because that debt accumulation wasn't Pres. Trump's work. And I still don't see the logic for bringing in the tax cut legislation.

      So, what facts did form your conclusions?

      ps. regarding higher gas prices under previous Republican administrations; I did come across one article that traced gas price spikes back to that 70's oil embargo, and through the next years and administrations, it seems those spikes occurred throughout all administrations - almost shared equally by Republican and Democrat presidents. (it looked like Pres. Obama's 8 years had about as many spikes as Pres. Bush's did.

      [EDIT ADDED]
      pss. You have to check this one out Randy, you will love it.
      Trick question: Who had higher gas prices, Obama or Bush?

      Turns out Pres. Bush's average price was $2.52 per gal. and Pres. Obama's was $2.53. Pres. Bush started his administration with gas prices of $1.83, and Pres. Obama started with prices at $1.84. There's more, you will love it. Come on Randy, if you want to make those claims, you really should at least look at this link so you will know what you need to debunk.


      GA

  2. JAKE Earthshine profile image79
    JAKE Earthshineposted 6 months ago

    Randy: For any and all fact deniers who may wander in, here's a good article: Workers are absolutely getting killed at the pump thanks to big losing deals Donny Trump, and they are furious at this huge spike in gas prices:

    http://money.cnn.com/2018/05/25/news/ec … index.html

    1. Randy Godwin profile image92
      Randy Godwinposted 6 months agoin reply to this

      We get many of those from the right, Jake. smile

      1. JAKE Earthshine profile image79
        JAKE Earthshineposted 6 months agoin reply to this

        I guess the remaining Trump fans don't understand what happens to gas and oil prices when a president, or in Spanky Trump's case an impostor moron president is delusional, prone to hallucination, reckless, clueless and ignorant of how the world works: They don't understand how 'words' from the white house can impact everything and when this idiot threatened to tear up the Iran nuke deal, bombed Syria, moved the embassy and just projects a war monger mentality from day one, it caused massive instability around the world and of course in the middle east which everyone knows drives up gas prices:

        Bye Bye temporary tax cut crumbs, the gas pump will gladly take em:

        It's hilarious, Trump fans were ready to give this short timer racist some kind of prize for doing absolutely nothing in N Korea except roll out the red carpet for Kim Jung Un to perfect his long range missile capability, yet Mr. Trump is somehow not responsible for all the atrocities, chaos and economic turmoil he's causing with nosebleed gas prices and tremendous stock market crashes,  the biggest point drop in the Dow Jones in history:

        But hey don't worry, this creepy elitist who had to go smell the gold at Fort Knox while his snooty wife made snide written comments to the common people including Trump fans, got tens of thousands if not millions from Donny Boy's and the republicans corporate welfare tax cut, he'll be just fine thank God:

        Will Trump fans ever realize what's being done to them? 2 bit white house grifters taking them for a ride?

        https://usercontent1.hubstatic.com/14055686.jpg

  3. Wesman Todd Shaw profile image97
    Wesman Todd Shawposted 6 months ago

    I guess certain persons are elderly and are suffering from dementia. This is my 44th summer on the 3rd rock from the yellow dwarf star, and I seem to recall that every year at this time the price of petrol rises.

    It's so sad that some persons are so forgetful they don't recall what happens with commodity prices from year to year. Well, guess there's nothing I can do about the feeble minds of others.

    1. JAKE Earthshine profile image79
      JAKE Earthshineposted 6 months agoin reply to this

      Mr. Trump has been on a recklessly insane  war path with the middle east since his illegitimate tenure began causing unprecedented instability, unpredictability and hostility in the region, that's the main driver of spiking gas prices which do indeed gobble up the trivial temporary tax cut crumbs republicans so generously gave working Americans while elitists like creep Steve Mnuchin and his gold digging wife rake in tens of thousands from the very same corporate welfare tax cuts:

  4. JAKE Earthshine profile image79
    JAKE Earthshineposted 6 months ago

    Well, don't look now, but not only are Mr. Trump's predictable nose bleed gas prices killing his own fans, but many will now lose their jobs because of his recklessly insane 'trade war tariffs': Maybe congress should force him to get his obvious mental illnesses evaluated and treated before he destroys the entire country and perhaps the planet, hallucinating about 'spies' and crowd size?:

    Zero accomplishments for the American people, but he did manage to orchestrate an enormous windfall of cash for his elite Wall Street pals: Making Wall Street richer again"

    Ask yourself this critically important question: Why is Trump doing exactly what Vladimir Putin would do to the United States if he could?

    1. wilderness profile image97
      wildernessposted 6 months agoin reply to this

      Now THAT I would love to see: Congress trying to force the President to undergo a mental health exam (because they don't like the results of the one he had) and trying to force "treatment" onto him.  Can't think of a more effective program to end congressional careers.

      1. profile image0
        ahorsebackposted 6 months agoin reply to this

        Some people have trouble remembering the history of yesterday, I recall four bucks a gallon under Obama and NO TAX CUTS ,  in fact tax increases , increased social entitlement spending  ,  over 50 % unemployment among  black youths  , ..........How many million more people on Food Stamps ?

      2. JAKE Earthshine profile image79
        JAKE Earthshineposted 6 months agoin reply to this

        No wilderness, congress should demand an immediate and long over due psychological evaluation of Mr. Trump because his mind is not well and he's destroying the economy while tweeting uncontrollably all day long on our dime like a sick mental patient in lock down at an institution:

        https://www.youtube.com/watch?v=PX9reO3QnUA

        And then, remove him ASAP before there's nothing left but ruble: The tiny crumb tax cuts he and republicans served workers as a decoy for trillions they gave his elite Wall Street pals are more than used up and exhausted on Trump's unnecessary rising gas costs, all caused by this degenerate's intentional disruption of the middle east:

        1. wilderness profile image97
          wildernessposted 6 months agoin reply to this

          I'm very sorry, Jake, but claims of mental incompetence by someone severely suffering from TDS that has nothing more than hatred to base the claim on is insufficient for the law to institutionalize anyone.  One the other hand, believing that one owns the wealth of others might be a reason...such a person could reasonably be considered a danger to themselves AND to others.

          1. JAKE Earthshine profile image79
            JAKE Earthshineposted 6 months agoin reply to this

            Well wilderness, I still don't know what TDS is nor do I care, but I know what STDs are and boy, I'll bet that's one reason why Melanie keeps her distance from Donny Boy and is hesitant to hold his hand: Honestly, would you even touch this old mans hand without wearing a catchers mitt??

            https://www.youtube.com/watch?v=29XgXJv0oFs

            Never the less, the tax cut crumbs Mr. Trump and his republican accomplices so graciously served up to workers as a decoy to give his elite Wall Street pals millions which will add about 7 trillion to the national debt, are all but used up on his drastically inflated gas prices: Maybe when he's run out of town on his broomstick and into a federal pen if he's lucky and then pops off to Bubba, he'll finally understand that words matter:

            Because of Mr. Trump's big dumb incoherent mouth babbling constantly, I now pay about twice as much in fuel costs alone just to get across town, and that's unacceptable for workers in PA, Ohio and Wisconsin who just manage to stay afloat:

            1. wilderness profile image97
              wildernessposted 6 months agoin reply to this

              Aren't you glad that Trump gave you a tax break, gave you back some of your money, and enough to cover the increased gas prices the evil petroleum companies instituted?  At least TRUMP was smart enough to look ahead and think "Hey, gas prices increase every year at this time (due to change in formula), so lets let the people have some of their own money to pay for it".

              Friend, if you're paying twice as much in gas, you need to find a different place to live for the gas stations are ripping you off.  Mine went up the expected fifty cents or so - if yours doubled as you claim you have a real problem, and it isn't Donald Trump.  Of course, a more reasonable explanation is that it is just more gross "Jake exaggerations"...

  5. Johnny James A profile image66
    Johnny James Aposted 6 months ago

    The rise in gas prices has more to do with the economies of world as a whole.  Countries, especially those in the Middle East, Africa, and South America are doing a better job of diversifying their economies.  In the past the 1st world nations did everything in their power to get these countries to focus on a one or two commodity economy. The problem with this is eventually oil reserves could run out.  As such, OPEC and the smaller groups have worked to hedge the amount of oil produced to increase price per barrel, even if the number of barrels in total sold is less AND even if temporarily the amount of total revenue drops.  This is because in many of those nations a large percentage of the oil companies are state owned. When the state relies on the revenue, it is better to bring in a smaller portion of the revenue each year for many years, than to bring in a ton all at once.  This is because for many gov’t officials they cannot help themselves when it comes to spending all the revenue as it comes in. But if you budget them, they do a better job of taking care of things. 

    Secondly, China is on a buying spree.  They have huge needs for petroleum for foster their incredible growth rate. This again causes a rise in prices. Third, Americans use more energy in the summer. We drive more; farmers use more for their equipment; Cruise ships use more; more flights go out on a per day basis (even if Christmas and Thanksgiving are he biggest days).

    The President has very little power to affect gas prices in the short run.  Even if a President opened up new areas to drill today, it would have no affect on the price of gas in the near future, as you would have to spend a ton to research where the oil is. Then even with your research a certain percentage would little to no oil. When you do strike oil, you would spend a long time getting your rig/gear together drilling, processing, etc.  The quickest way a president could reduce gas prices would be to ask congress to lower gas taxes. This won’t happen as the gov’t needs the revenue.  Now California, actually came up with an idea years ago which was soundly rebuffed. They wanted to do away with a gas tax, and implement a miles drive tax. Their reasoning is that cars by their very nature of driving on the roads do damage to the roads., they cause congestion (traffic/gridlock), etc. However, those with better gas mileage cars scoffed saying they already paid more into the state on Sales Taxes (as more fuel-efficient cars cost more) and therefore this tax would be punitive. Gas will never be cheap because states need revenue.  For instance, if the Obama era gas regulations went into effect you would have lower smog, and a cleaner environment.  However, you would have less tax revenue as the tax is per gallon of gas.  States would lose millions.  How, would the states counter act that loss of revenue? Cigarette tax, Luxury car tax, property tax, soda/sugar tax, meals & entertainment tax?

  6. Randy Godwin profile image92
    Randy Godwinposted 6 months ago

    Johnny, you need to break up your comments so they will be easier on the eyes. You should also do this on your articles if you haven't already. Simply a suggestion. smile

    1. Johnny James A profile image66
      Johnny James Aposted 6 months agoin reply to this

      Thanks.  I like suggestions and I agree.

  7. JAKE Earthshine profile image79
    JAKE Earthshineposted 6 months ago

    What many individuals, especially his fans don't seem to realize or perhaps just don't care about is that Mr. Trump's big erratic reckless mouth has extreme consequences, his incoherent words have caused more instability in the middle east than we've seen in decades which directly caused the upward trend in gas prices: Nearly double in my area in a short period of time:

    Every expert knew an inexperienced, inept Mr. Trump would be a disaster for our economy but he has more than exceeded this expectation

    Words matter and just the threat of doing or actually executing crazy policies like insanely moving the embassy to Jerusalem as human beings died just up the road, has foreseen detrimental effects on our economy:

    There are no lame excuses, Mr. Trump is the direct cause of your skyrocketing gas and oil expense plain and simple: Say thanks for making America great again:

    1. Moderndayslave profile image59
      Moderndayslaveposted 6 months agoin reply to this

      Every expert at what? That has driven this country into the ground is who you are relying on? Where do you live that gas prices have nearly  “doubled”? I want to check on this one Mr. Truth   As far as the record instability in the Middle East ? Proof please ? Balls in your court,try to be factual as to not waste our time again pls

      1. JAKE Earthshine profile image79
        JAKE Earthshineposted 6 months agoin reply to this

        You sound just like the other older forgetful guy who keeps asking for proof after the proof has already been posted: Mr. Trump's recklessly dangerous big bloviating mouth combined with his insane, incoherent Anti-American posture has caused a tremendous, sustained spike in gas prices which more than consume any and all temporary tax cut crumbs workers may receive from Mr. Trump's corporate welfare tax cut scheme he implemented for his Wall Street pals that enriched them by trillions:

        "NEWS: Paying at the Pump is Taking Up More of Motorists’ Paychecks"

        https://gasprices.aaa.com/

      2. wilderness profile image97
        wildernessposted 6 months agoin reply to this

        Yeah, I asked for some kind of evidence that gas prices have "nearly doubled" anywhere in the country. 

        Never got it, though - just another one of Jakes gross exaggerations.  It's as if any kind of claim is acceptable as long as it puts Trump in a bad light - reality and truth are not part of the package.

  8. JAKE Earthshine profile image79
    JAKE Earthshineposted 5 months ago

    Mr. Trump's disastrous economy continues to crumble and in many instances remains in a vulnerable state of suspended disarray and confusion as a direct result of his incoherent, recklessly insane ideas which continue to drain the pockets of Americans including those of his own gullible voters, while enriching himself and his filthy rich elite Wall Street pals: UNREAL

    "Pain at the pump: Gas prices hit three-year high and are expected to keep rising"

    https://www.cnbc.com/2018/05/03/gas-pri … ising.html

    1. profile image0
      ahorsebackposted 5 months agoin reply to this

      I suspect that many people simply create their own stories and truths , never verifying nor feeling the need to .  Make up your own reality and go with it ,...................Jake , just stop anytime .

      Just say , I hate trump , no rhyme no reason , but stop with the lies , we get it .

      1. JAKE Earthshine profile image79
        JAKE Earthshineposted 5 months agoin reply to this

        Well ahorseback, I don't expect you to accept the truth but yes, it's a fact here in the real world, gas prices are rising fast under Mr. Trump's collapsing economy but he could care less how much you get gouged at the pump just as long as his illegal deals with China continue to progress and if the Dow Jones fails to hold 24,000 as Mr. Trump's stock market crash continues, we may be headed for a crash on top of a crash:

        Buckle up:

        " -- You may have noticed, gas prices are on the rise and hitting levels not seen in more than three years. Gas prices nationwide are up a nickel in just the last week. That's 20 cents in the last month, according to AAA. Drivers fueling up in New Jersey are paying just under $3 for a gallon of regular unleaded.May 13, 2018"

        https://www.cbsnews.com/news/gas-prices … 018-05-13/

        1. Live to Learn profile image78
          Live to Learnposted 5 months agoin reply to this

          They're coming back down here. Whoopee!

          1. profile image0
            ahorsebackposted 5 months agoin reply to this

            Down to $2.83 a gallon here .   Not exactly a recession ?

            1. Live to Learn profile image78
              Live to Learnposted 5 months agoin reply to this

              Wow. That's high. We're in the$2.40's.  But, July 4th is moving in so I'm sure they will inch back up soon.

              1. profile image0
                ahorsebackposted 5 months agoin reply to this

                In Northern NH .  it was about 3.05 , 3.07  a month ago , seems to be dropping slow as usual .   Trump said something last week about US oil , I think it helps OPEC to hear Trump talk , a lot !.........;-]

                1. Live to Learn profile image78
                  Live to Learnposted 5 months agoin reply to this

                  The scary thing is the loud and caustic voices from the left, trying desperately to find grounds for outrage never look at anything past the one moment they exist in. It's like bemoaning the high price of strawberries when they are out of season. Trump has to be responsible for November. The shame.

  9. JAKE Earthshine profile image79
    JAKE Earthshineposted 5 months ago

    We have a soon to be removed elderly incoherent madman named Mr. Trump in the oval office who can't control himself in any way, that's why gas and oil prices are rising:

    Unilateral cancellation of the Iran nuclear deal, moving embassy, threatening hostilities toward the middle east are just a few reasons why you get gouged at the pump for driving across town:

    "Industry watchers say oil prices are going up because of concerns over U.S. threats to sanction countries that don't stop importing oil from Iran by November 4th."

    http://www.newson6.com/story/38528201/t … p-thursday

    1. Live to Learn profile image78
      Live to Learnposted 5 months agoin reply to this

      Think about it Jake. There was evidence Iran was not living up to their end of the deal. Deal breakers can suffer consequences. The embassy was 'moved' years before Trump allowed legislation to move it to take effect. Threatening hostilities toward the Middle East is not a phenomenon of this administration.

      You can make crap up all day long. It's what you have become renowned for.  But if you want to be taken seriously...start saying something that has some basis in truth, minus the emotional diatribes.

 
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