Hi Dr Chiu, Thanks for your comment regarding US GDP under Biden is 2. something, but if you are adding inflation at 7 to 9, there is nothing left for people in US. The inflation continues till 2024 and the middle class has been in chaos these couple of years. The progressive strategy Biden is hurting the common people like me, in 2020, I can get a gallon gas for $2.19 and now is about $3.39 (depends on whether you live in East or West coast). I cannot imagine this is good to American overall. just my 2 cents.
With depreciation of dollar , $2.50 a gallon is way too low on fuel price ( lower than 80's price ) , you have to know more than 50% of gas price is on taxes and other add on fees , $ 3.00 - $ 3.50 should be a fair retail cost of a gallon of fuel.
Blame the Big Corps. Look at the record profits they rake in while complaining about operation and materials costs and using inflation as an excuse to raise prices. Learn about stealthflation and all the other tactics they use to enrich their executives and shareholders but harm the general public. The Biden administration has done more for the middle class and general American than any other administrations in recent decades.
phillipine gets close to usa because of the weakness of biden - china is causing lots of problems in the south china sea. had trump be president instead of biden this would not have happened and the same is true of ukraine and russis. there is nothing wrong with asking nato countries to honour their contrivtion to arms. what trump did in his private life is not our concern. what he did as president was benefiting usa and the rest of the world. this should be the most important factor.