Texas thanks Joe Biden for "Bidenflation"
Posted: Sat Feb 26, 2022 3:10 am
Texas is our nation's largest exporter of stuff, and thanks to Joe Biden and the inflation that he's personally created, Texas is benefiting happily. Residents of Texas thank Joe Biden for their good fortune. Texas loves Joe Biden! Should any resident of Texas posting on this board NOT be grateful to Joe Biden for the inflation he's created for Texas companies, I'd like to hear a logical reason for withholding gratitude.
Here is a list of Texas' top exports
Crude petroleum oils: US$43.5 billion (15.6% of total Texan exports)
Miscellaneous petroleum oils: $18.3 billion (6.6%)
Light petroleum oils: $17 billion (6.1%)
Integrated circuits (processors/controllers): $10.5 billion (3.8%)
Liquified propane: $9.4 billion (3.4%)
Aircraft including engines, parts: $6.1 billion (2.2%)
Computer parts and accessories: $5.9 billion (2.1%)
Machinery for making semi-conductors: $4.6 billion (1.7%)
Natural gas (liquid): $4.3 billion (1.5%)
Natural gas (gaseous state): $3.9 billion (1.4%)
Wow! Has any of this stuff NOT benefited greatly under Biden's inflation? A little secret that not everybody from Texas knows: Higher prices = higher profits. Texas is also especially appreciative Trump lost, because then Putin wouldn't have invaded Ukraine and provided an added boost to oil and gas prices.
Thanks to Joe Biden's Bidenflation, Texas brought in 16 Billion in taxes from oil last year, a 20% increase. Pop quiz for Texas residents:
If Bidenflation sends WTI crude over 100$ a barrel, does that mean:
a) more money for Texas
b) less money for Texas
Oil prices went into freefall under Trump's watch, but thanks to Biden and Bidenflation, oil prices are ramping up and the people of Texas are loving it.
But it's not just oil and gas, everyone has heard of the semiconductor shortage, which translates into increasing chip prices. We know what that means, don't we? You know, a price went up on something? "Bidenflation!"
Joe Biden is causing chip prices to surge, and that means a hell of an opportunity for Texas Instruments, a mega-producer of semiconductors, which has done great this last couple of years and now is expanding shop to meet the demands of this shortage and to bring even more money into Texas.
Joe Biden sure has worked hard for Texas, and Texans are thankful for him, I'm sure! If they aren't, then we'd better get a proper rational reason why not.
Here is a list of Texas' top exports
Crude petroleum oils: US$43.5 billion (15.6% of total Texan exports)
Miscellaneous petroleum oils: $18.3 billion (6.6%)
Light petroleum oils: $17 billion (6.1%)
Integrated circuits (processors/controllers): $10.5 billion (3.8%)
Liquified propane: $9.4 billion (3.4%)
Aircraft including engines, parts: $6.1 billion (2.2%)
Computer parts and accessories: $5.9 billion (2.1%)
Machinery for making semi-conductors: $4.6 billion (1.7%)
Natural gas (liquid): $4.3 billion (1.5%)
Natural gas (gaseous state): $3.9 billion (1.4%)
Wow! Has any of this stuff NOT benefited greatly under Biden's inflation? A little secret that not everybody from Texas knows: Higher prices = higher profits. Texas is also especially appreciative Trump lost, because then Putin wouldn't have invaded Ukraine and provided an added boost to oil and gas prices.
Thanks to Joe Biden's Bidenflation, Texas brought in 16 Billion in taxes from oil last year, a 20% increase. Pop quiz for Texas residents:
If Bidenflation sends WTI crude over 100$ a barrel, does that mean:
a) more money for Texas
b) less money for Texas
Oil prices went into freefall under Trump's watch, but thanks to Biden and Bidenflation, oil prices are ramping up and the people of Texas are loving it.
But it's not just oil and gas, everyone has heard of the semiconductor shortage, which translates into increasing chip prices. We know what that means, don't we? You know, a price went up on something? "Bidenflation!"
Joe Biden is causing chip prices to surge, and that means a hell of an opportunity for Texas Instruments, a mega-producer of semiconductors, which has done great this last couple of years and now is expanding shop to meet the demands of this shortage and to bring even more money into Texas.
Joe Biden sure has worked hard for Texas, and Texans are thankful for him, I'm sure! If they aren't, then we'd better get a proper rational reason why not.