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| -Short Attention Span Theater- |
| Marvin L. Covault, Lt Gen US Army, retired - THEN (January 2021) and NOW (January 2023) |
| 2023-02-14 |
| [We The People Speaking] THEN (January 2021) and NOW (January 2023) UNITY, then: On inauguration day, January 2021, we listened intently and with hope as our new President spoke to the nation about his plan for unity. Now: As we look back on the last two years, we (about 70 million voters) recall vividly being repeatedly called racist, white supremist, domestic terrorists and MAGA extremists by President Biden in particular and many Democrat leaders in general. Unity? ENERGY, then: Our nation was energy independent for the first time since 1957. Now: We beg for oil from Saudi Arabia, they say "no" and we prop up the Venezuela dictator by rejuvenating their oil production industry. GASOLINE, then: We could buy a gallon of gas in most places for about two bucks. Now: The national average is $3.51 per gallon down from a high of $4.96. And, no Mr. President the rise in U.S. gas prices was not caused by Putin’s invasion of Ukraine. By then, February 2022, the price had already increased by 78% to $3.57 a gallon and steadily rising. INTEREST RATES, then: Interest on a 30-year mortgage averaged 2.5%. Now: 6.5% and probably rising in 2023. INFLATION, then: 1.4%. Now: 7,0% (down from a high of 9.1% June 2022. A few hours after being inaugurated, President Biden signed an Executive Order that created instant turmoil throughout the oil and gas industry. As a result, by 6 June 2021 the average price of a gallon of gas had doubled which was a trigger to drive inflation. Everything we buy, at some point comes out of a truck that is burning increasingly expensive fuel. The inflation rate continued to rise with the increasing cost of gas and diesel fuel. HOME SALES, then: Sales in 2020 hit the highest point since 2006. Now: Sales last year were the slowest in a decade. |
| Posted by:Besoeker |