Which is the wiser option to prevent war in the USA stemming from wealth inequities in a Democrat Republic based on Capitalism supply and demand.?
The Chicago Tribune article titled: America, please show Russia you’re the energy alpha now, reported:
“After decades of dependence on foreign sources of energy, we achieved energy independence in 2019 and 2020 but have now lost this independence. Recently, Biden acknowledged that we must again achieve energy independence.”
A Fox News article titled: Democrats propose Bills to send gas payments to Americans, some funded by taxing oil companies, reported:
“Democrats in Congress, fearful of pain at the pump when voters head to the polls in November……….”
The Purpose of This Post
Is to relate an ancient wisdom verse and a definition of Capitalism, and an idiom, as clues to discern this conundrum.
People curse the one who hoards grain, but they pray God’s blessing on the one who is willing to sell. (Proverbs 11:26)
Definition of Capitalism – Merriam Watermains
: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
Idiom – the well has run dry
The entire supply (of something) has been used up or is no longer available. Can be used of a literal or figurative resource.
What’s My Point?
If private oil companies are taxed higher, they just add the added costs to the price of their products which will add to inflation.
If an oil companies well runs dry, the supply and demand price issues become meaningless.
And if oil companies purposely hold back on supply, they will be cursed in our contemporary times same as in ancient times proverb suggests.
My point is the Democrats, by the revised admission of Bidens above statement should be cursed instead of the oil companies and the only equitable remedy is to ration gas consumption, in my opinion to reduce demand pressures now in existence to prevent worse inflation and cursing now being heard all across the Nation because of lack of long-term strategic energy policies in the USA and World.
In My Opinion,
I still remember my mother giving me a ration stamp book in WWIIs and told to go to the local grocery next store to buy sugar.
It worked then to end hording and cursing about inequities of a Capitalist society and resulted in the World winning in WWII.
I also remember the long gas lines during President Carter’s term which was the result of the USA becoming dependent on foreign sources for energy. This same scenery seems to have been forgotten in two short years of Democrat management and decisions since the 2020 election.
I also remember being in Florida this past year when the Oil Gas line supplies was hacked abd shut down and heard a lot of cursing until Biden paid ransom to the Russian hackers or who ever they were that was never disclosed.
Read the Source Links below
Will taxing oil companies reduce prices or add to inflation of gas prices, or reduce consumption of limited gas supply and demand in the USA, and silence cursing while waiting in long gas lines to obtain gas in the USA and World…. again?
Which political party will you support and vote for, or abandon because you ran out of gas, in November 2022, based on their accomplishment and management according to the clues of this conundrum?
Regards and goodwill blogging.
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