Re:America Has Lost Its Oil Buffer
by nl on Saturday September 24, 2022 @08:31AM
(#32961902)
Yeah I don't get what the parent comment is proposing.
People say this or that will happen in the long term, but there are so many impossible to predict variables that the best you can really do is try to keep the economy robust enough to absorb shocks.
Economy slowing because of COVID? Deal with that.
Inflation happening because of constrained supply chains? Use the oil reserve to reduce the price.
These are pretty reasonable policies that both side of politics would do when in power because they make sense.
People say this or that will happen in the long term, but there are so many impossible to predict variables that the best you can really do is try to keep the economy robust enough to absorb shocks.
Economy slowing because of COVID? Deal with that.
Inflation happening because of constrained supply chains? Use the oil reserve to reduce the price.
These are pretty reasonable policies that both side of politics would do when in power because they make sense.