Friday, April 20, 2018

Do They Make "Supply and Demand for Dummies"?

If so, someone needs to tweet it at Trump.
President* Donald Trump blamed OPEC on Friday for high oil prices, claiming the organization had artificially lifted prices that “will not be accepted.”

“Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! No good and will not be accepted!” the president* wrote on Twitter.
If the market price for oil is $71/barrel, then the choices are to either buy the shit or not buy the shit. That's pretty much it.

Is this where I should point out the hypocrisy of Trump complaining about the price of oil while his administration is doing everything it can to gut progress in research and adopting alternatives to oil?

Trump is like an addict complaining about the price of drugs. Nobody gives a shit.

1 comment:

  1. No, but they do have "Economics for Dummies". Of course, it's likely at a reading level that would stump Donnie.

    ReplyDelete

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