• DarkCloud@lemmy.world
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        2 months ago

        It’s pretty difficult to control a lot of the economy still, especially where international concerns like the OPEC price setting cartel is concerned, yet oil prices are often blamed on leadership.

      • njm1314@lemmy.world
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        2 months ago

        I think that’s only a consensus among people who don’t understand the economy very well. The truth is politicians have very little control over the economy particularly in the short term. At most politics is able to nudge the economy very slightly like the rudder on a massive ship that takes years to turn.

        Course there are some things you can do. Tariffs is an obvious one, completely bungling a global pandemic is probably another, etc…