Tuesday, March 8, 2022

Thoughts

 In many ways the American voter, and all others probably, are fairly simplistic.  If things get better they re-elect the incumbents, and vice versa.

There is a lot of good news but the overriding issue is the dramatic increase in gasoline prices.  The reasons for the increase are complex but the Russian attack on the Ukraine has driven the price of oil up.  

What you saw was a steep drop in demand during the pandemic followed by a robust increase as the recovery took hold and not an abrupt jump due to the Ukraine situation.

Biden's not running for re-election until 2024.  If we saddle him win with an unfriendly congress. It will be a period of little progress.

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