Comments by "" (@TheHuxleyAgnostic) on "BRILLIANT NEW AD! Kamala Takes the Fight to Trump on the Economy! | Tim's Take" video.

  1. ​ @avol2  Or ... "Since the trough of the COVID-19 recession in the second quarter of 2020, overall prices in the NFC sector have risen at an annualized rate of 6.1%—a pronounced acceleration over the 1.8% price growth that characterized the pre-pandemic business cycle of 2007–2019. Strikingly, over half of this increase (53.9%) can be attributed to fatter profit margins, with labor costs contributing less than 8% of this increase. This is not normal. From 1979 to 2019, profits only contributed about 11% to price growth and labor costs over 60%"
    3
  2. ​ @avol2  Reagan deregulated domestic oil prices, way back in 1981. Domestic has sold at the global market price ever since. Trump's "energy independence" is irrelevant to prices, since foreign and domestic are the same price. Global oil prices dropped in 2014, before Trump, and were going back up, under Trump. Oil companies have zero incentive to flood the global market, to drive down prices, so they can lose money. That's why they're sitting on thousands of already approved drilling sites.
    2