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Reality check: Inflation rate fell YoY. GDP Q3 4.4% growth. Atlanta Feds believes Q4 will be 5.4% growth.
Below was the narrative: Bonk.
Originally Posted by ChattanoogaPhil
True, things are turning around but it's going to take a bit.
The US is recovering from the prior 4-year period of horrific energy policy (actually less than 4 years because things got so bad they had to reverse some policies). Morons screwed things up so bad that they were depleting America's strategic petroleum reserves in an effort to mask the results of their idiocy. sigh...
Just thought to look back on a few months old post and see what are your thoughts now.
How is the reality check going? What was q4 GDP growth? Anything close to the 5.4% you posted?
Do you agree "morons" are currently screwing up so bad that they are depleting America's strategic reserves? Do you think the current morons are doing this to mask the results of their idiocy?
insane how much gas/diesel prices vary across the country. of course many reasons…
In Southern Nevada it's because we're wholly dependent on gas from California, which of course is refined under California emissions regulations that drive up the cost.
Our governor has put together a task force to look into sourcing fuel from a different source, though he'll likely be out of office before anything can be implemented. The hope I believe is to participate in the proposed Western Gateway Pipeline which will bring fuel from Texas to Arizona and Nevada.
Also we have high state fuel taxes and high county fuel taxes.