- Price climbs reflecting global demand
- governments cut tax to reduce inflation
- People do not adjust habits, gasoline shortage continues
- price climbs
- government has no levers, and has no gas tax revenue.
Winning!
Better options:
- immediate work from home for all federal employees and strong guidance for employers/tax breaks for wfh
- increase funding of public transit expansions
- land development guidance supporting walkable neighborhoods
- rebate packages for farmers
* When there’s no spare/idle capacity to produce more
You are talking as if a banker knows this stuff, wait what he should? Well damn!
You’re supposed to only lightly nudge the markets. These heavy-handed approaches you propose sound like communism.
/s
and mandating work from home where feasible, right? Right?
What do you think there is some evil virus going on, how is big oil supposed to make their money if work from home is offered?
What? And reduce the value of corporate real estate? Are you nuts?
Digging a deeper deficit hole just so the oil and gas companies that will just pad their bottom line by increasing cost anyway for the consumer.
Imagine calculating what that deficit would be in dumping that money into public transit. Increasing service.
What’s stopping gas stations from raising prices 10 cents?
That’s the neat part: nothing!
Competition.
What’s to stop gas stations and their competition from raising the price 20 cents?
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