Quote (Black XistenZ @ Aug 17 2023 04:39pm)
His policies were detrimental to US production, but since the macro factors (global oil prices and surging demand after the turmoil caused by the Ukraine war) were creating such a strong upward trend, production grew nonetheless - but not by as much as it could or should have.
Sad that you can't comprehend the simple analogy with the Trump tax cut bill and the record tax revenue.
From infrastructure increases and increased production in Gulf of Mexico.
And take your fixed tax rate analogy and try it some where else. this is
Manufacturing/supply-demand driven.
Gain loss from a fixed tax rate has very little in common with the free market and recovery from a pandemic.
https://www.forbes.com/sites/rrapier/2023/04/29/us-oil-production-on-track-to-set-a-new-record-in-2023/?sh=2ac2527c7226https://www.eia.gov/todayinenergy/detail.php?id=55299This post was edited by theCrossbones on Aug 17 2023 10:03pm