In a nutshell, it is Biden and the Democrat Party, because of lack of …….
The Chicago Tribune article titled: What’s Causing Pain at the Pump, reported the key dues why in these two statements.
“The US is the world’s largest producer of oil, but US capacity to turn oil into gasoline is down 900,000 barrels a day since the end of 2019, according to the Energy Dept.”
“Why is US refining down? Some refineries shut down because of the pandemic when demand collapsed. While a few are ready to boost capacity in the next year or so, others are reluctant to boost capacity because the transition to electric vehicles will reduce the demand for gasoline over time.”
The Purpose of This Post
Is to relate an ancient wisdom verse written three thousand years ago but for some reason, top management leadership in Congress cannot understand. Most likely because the majority of leaders have no experience in the basic concepts of industry and long-range planning for the future in a Capitalist Nation that is driven on supply and demand.
And what we now experiencing n high gas prices and inflation is the is what has occurred in the USA in spite of the 3000-year-old wisdom verse advice. And that is because simply and regretfully, we stopped teaching wisdom in the USA when government took control of public secular schools. The result is the majority of youths have grown up and are now in leadership positions in government
The toil of a fool wearies him, for he does not know the way to the city. Woe to you, O land whose king is a youth, and whose princes feast in the morning. Blessed are you, O land whose king is a son of nobles, and whose princes feast at the proper time—for strength and not for drunkenness. (Ecclesiastes 10: 15 – 17)
What’s My Point?
Biden signed 30 presidential orders in the first three days in office without any long-range plans to implement in managed plan stages to prevent both inflation and shortages which have resulted in a capitalist nation driven by supply and demand.
For example, to placate his environmental supporters to change from gas to electric powered vehicles without regard to the fact that less than 5 percent of vehicles are electric.
Add that because of cheaper gas which resulted when the former administration opened up the USA to end dependency of foreign sources of oil, most people bought larger vehicles because of low gas prices and safety concerns because in accidents the bigger cars are safer than smaller cars.
A wise manager with industrial experience knows full well the reality that it will take years to years to replace the present larger gasoline powered vehicles. And wise managers in private industry must plan how to pay back or justify large knows to build more refining capacity.
In other words, Biden and the Democrat Party rushed through, without long range planning or management experience their visions and the result is what we are now exercising is the result.
In My Opinion
Many USA voters, themselves never schooled in wisdom or inexperienced in industry in a capitalist nation of supply and demand elected a President who himself has no industry expertise and made and signed a bunch of presidential orders without long range plans to justify costs and implement in stages.
Or in other words, voters elected someone, who, same as youths are known to do when they obtain power or wealth, make rash foolish decisions. Add that often when youths are first sent off to college have problems managing their time and often waste their energy partying and drinking in their new state of freedom to do whatever they please.
Read the Source Links below.
Is the legislator or political party you intend to vote for in the upcoming election have any proven management skills in both business, industry to qualify him or her to manage the USA economy?
Should we prioritize social issues over economic issues when in reality most social problems are a result of economic issues?
Regards and goodwill blogging
Chicago Tribune June 12, 2022
Measuring Biden’s Mission Management Skills (9/1/2021)
USA Machismos Oil Folly Conakry (3/9/2022)https://rudymartinka.com/2022/03/09/usa-machismos-oil-folly-conundrum-king-solomon-blog/