Trump has said numerous times his solution for lowering inflation is 'drill baby drill'. Problems for that solution start with the fact the US is already drilling/producing more oi; than ever. Add to that the fact a number of oil execs have said they have no plans of increasing production (world oil supplies are high and demand is slowing). Oil refining capacity (US) is not goingto increase so there is a choke point there.
Maybe he economics expert DJT needs to have a backup plan. Tariffs would also be inflationary. What's a president elect to do?
Maybe he economics expert DJT needs to have a backup plan. Tariffs would also be inflationary. What's a president elect to do?
