Slouching Towards Oblivion

Sunday, October 21, 2012

Gettin' It Done - 17 & 16

This one means there's a fair probability that my cost for for a fill-up won't increase by much.  That is, of course, as long as Big Oil allows the Free Market to work the way it's supposed to work (always a little iffy).
16. Boosted Fuel Efficiency Standards: Released new fuel efficiency standards in 2011 that will nearly double the fuel economy for cars and trucks by 2025.
 
I'd forgotten about this one.  There's plenty to worry about when it comes to trying to put out a fire by pouring several hundred tons of money on it, but sometimes all you can do is take the least bad option on a menu filled with really shitty alternatives.  I just wish I felt more assured that Obama's team is doing something to make the next meltdown less likely to happen, and less damaging when it does.
17. Coordinated International Response to Financial Crisis: To keep world economy out of recession in 2009 and 2010, helped secure from G-20 nations more than $500 billion for the IMF to provide lines of credit and other support to emerging market countries, which kept them liquid and avoided crises with their currencies.

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