Drivers have felt the pain at the pump, but could sanctions against Russia have wider impacts on the U.S. and world economies?
21 thoughts on “Could sanctions on Russia affect the US economy?”
Comments are closed.
Prices were already going up before the sanctions. 2 bucks more per gallon won't affect the U.S.
Imagine your home being bombed and your country overrun. Americans are tougher than that.
If you voted for Biden this is on you. And the 8% inflation is on you.
Not only the people of Ukraine are paying the price of joe Biden's poor politics, but now the American people will also have to suffer the cost of inflation, Ukraine is being used like a puppet to harm Russia, Instead of stopping War Biden provoking it further, the world will never forgive America for putting the world in the face of a third world war and a nuclear war.
This guy is clearly an idiot. Everyone knows high inflation always leads to an increase in available jobs. Why work a low income job if you’re barely able to have your basic necessities met, this is where quick gigs like Ubering make more sense than working a 9-5
Los angles is $6 to $7
Stop lying to the nation it will hit US Economia because of the Russian Sanctions
I looked at the jobs added. Primarily hospitality and retail, food, etc. Basically, jobs that don’t pay enough for people to live on with one job. Especially with single parents, are they supposed to work multiple jobs when they can’t even find childcare? Also, gas prices don’t just affect people driving. They will affect the price of everything. When things get too high but salaries don’t increase, and gas is super expensive, people will be forced to cut back on spending. Then you get stagflation and a recession. It will happen. Maybe corporations will finally pay attention when they lose money. The only thing that seems to get their attention is their stocks dropping. They definitely will.
We should get 100% of our oil from the US. Biden sucks
In canada we pay 2$ a L. I would gladly pay 5$ a gallon
Americans can become and live life as Biblical Christians.
With high cost of living and inflation, livable wages are now over $30/Hour for a high school degree! Anything less is leading to more and more Americans going homeless and disengaging from capitalism! Antiwork, off gridding, laying flat, job hopping to maintain sanity, completely giving up and going homeless to alleviate mental suffrage 🍽🍽🍽 Crony Capitalism is financial Fascism! Millennials and younger generations no longer see any value to work and giving up because there is no adequate buying power, saving power, investing power, livable wage power 🎢🎢🎢
US government is treasonous against struggling decaying middle class, poor, homeless Americans! US Bloody Civil War is coming to purge the pure evil greedy narcissist demonic wealthy class of never ending criminal behavior!
Well, one way to make those jobs numbers look better, set the expectations really low. That still leaves us 3M behind pre-pandemic. The gas price is the key to Bankrupted By Biden. That’s the Biden reset, make everybody poor.
Remember when Joe shut down the KEYSTONEXL pipeline on his first day in office making the USA dependent on Russian and Saudi Oil?
Europe will not forget your help, Americans. Before our eyes, a history is created and is immortalized personaly on smartphones like never before.
the economy was already tanking before the sanctions, when 15 an hour gets you less than 7.50 a year ago means the economy is already failed due to Biden and the democrats, yet the Main Street media continues to fail to report the truth about this administration
Stop moaning usa, over here in UK petrol is 10 dollars a gallon
Sanctions? What sanctions? Do you mean the special finance operation to liberate russian economy? Just financial denazification of Russia.
Idiots that think Russia has enough gold to back up every ruble in circulation makes me giggle.
3:04
While we are at it, it is not worth taking anything the media says "at face value" either.
Those jobs reports often have a lot of holes in them; it is no wonder the rate of unemployment was underestimated in the last one, when it later emerged that unemployment compensation applications went considerably up. But then again, this is the "united states of amnesia"; just a few days gone by may become sufficient reason to forget what had gone by.
The job reports practically treat a good chunk of the citizenry as "non-entities". That good chunk comprises of people who fell out of work for a protracted timeframe, and hence, have become disenfranchised in the job market. So, when job reports talk about the rate of employment, they only consider what they deem an "active" labor pool; the rest of the labor force, namely the "dormant" segment, is indifferently dismissed as "irrelevant objects."
There also seems to be a contradiction in the so-called "great resignation", which has engendered "shortages in labor", and the supposed "great uptick" of employment, while the average wage has barely gone up. Whatever happened to "the great resignation" bunch? Job reports don't say, except for anecdotal theories later on offered about how the "resignees" may have "traded their jobs" for another. Biden then runs with that, to say that everything is bright and shinny, but "not acknowledged" by the public.
all the world's hackers should now hack America's financial system including SWIFT and blackmail them for billions..since its so easy to weaponize it..hahahahha