Elections have consequences, and those consequences are dire for free market dogmatists in the Republican Party.
The tariff debate is over. President Donald Trump won, and it is not even close. Americans overwhelmingly support efforts to punish countries like China for their unfair trade practices. Even President Joe Biden, who ran blatantly misrepresenting the Trump economic record, has kept the Trump tariffs on steel and aluminum in place.
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Offshore drilling has been a cornerstone of global energy production since the 1800s, fueling the American way of life and powering the global economy. From the early days of “on-water-drilling” to the advancement of the fixed platform units of today, offshore drilling has consistently contributed around 30 percent of global oil production. In the U.S., supply on federal offshore lands in the Gulf of Mexico alone accounts for approximately 15 percent of total crude oil production.
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Joe Biden is gaslighting America on the economy. His administration is trying to oversell what has underperformed for several reasons: First, the economy is the one issue that affects most Americans most significantly. Second, Biden is doing worse on virtually every other issue. Finally, time is short: the economy is about to get worse, and the election is close. The administration’s strategy is to get Americans to believe what they hear and doubt what they see.
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