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Post By
Late Great Donald Blake 
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Member Since: Sat May 17, 2008
Posts: 7,446
In Reply To
bd2999 
Moderator

Member Since: Sat May 17, 2008
Subj: I think you've missed a key detail.
Posted: Wed Jun 22, 2022 at 03:25:04 pm EDT (Viewed 68 times)
Reply Subj: Re: I don't like to mince words.
Posted: Wed Jun 22, 2022 at 03:18:35 pm EDT (Viewed 62 times)

Previous Post

Thank you for the link. I found the Hill article. 

I am not opposed to those options or actions. If it is representative of his whole points though I think it sounds like a potential solution to avoiding similar problems in the future and I think Biden should listen on that front. 

I also am still of the mind that quick fixes are not found in there. Given his proposal is basically national stock piles to help correct imbalances do not help when prices are high. 

I agree with the formula for babies. That is tragic, and I know the government has gotten a large amount from Europe but I do not know if it is enough. I support measures to help the babies. I just think the underlying problem there should be for critical material something more needs to be done in industries where shutting down one plant for problems does not cause this issue. And I think that applies to monopolies or near monopolies throughout the economy. 

Khannan has some good points but to me they still mostly fall under the umbrella of things to help in the future and not so much things that will help much now. Which on a political arena is the main fight, as folks want help now. And those proposals are not likely to do that in the short term. 

The committee is great but how long does it take for them to get going, identify the major problems and then act on them. And which of them are ones the US can leverage to have the most impact on. 

I am for trying lots of ideas and these are reasonable ones but they still mostly fall into the same bubble I was harping on with regard to not immediate. 

I will watch the video though and perhaps more is covered in that video on the framework and I would reassess my view. 


The government would buy back gas on mass not just to increase the stock pile.  They'd be buying it to sell it at an immediate and lower rate to undercutting oil company gouging.  It's a way of getting around the idea of price fixing directly.   Think of it like the idea of a public option but for gas.

That's a relatively short term solution that would help.  Not fix, but abate.  And then invest in long term solutions as mentioned.


LGDB



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