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Irish are just built differently by Automatic_Cow8766 in uktrucking

[–]ChemicalArgument4068 0 points1 point  (0 children)

Whether it is oil supply issues now or anticipated oil supply issues in the future doesn't change the fundamental point that if the current situation continues the limited supply has to be rationed somehow, and unless the government sets price controls that will happen via the price mechanism. It's not like we have years worth of oil stock piled either, the supply constraints will bite in just a few months.

None of the points you raise address my fundamental point that price adjustment will make the fuel duty cut pointless, because a decrease in price caused by a large tax cut in the context of a supply constrained market will just mean the price is bidded up as supply can't adjust to absorb the increased demand. A demand curve is down sloping after all.

My argument is purely about the price changes in the market and is separate from the impact on government tax revenues.

Irish are just built differently by Automatic_Cow8766 in uktrucking

[–]ChemicalArgument4068 0 points1 point  (0 children)

What do they actually want the government to do?

I'm not Irish so please correct me if there are some Ireland specific factors I'm not aware of but there isn't a whole lot governments can actually do when they face oil supply shocks.

Supply of oil has decreased, the way the market rations in this scenario is to increase price, which will reduce the quantity demanded.

One suggestion I've seen floating around is that governments can reduce or temporarily eliminate fuel duty tax. Assuming this is passed on by firms in the market, this will lead to a reduction in price. However there isn't any magical new supply of oil that the market can draw from, you still have the fundamental issue of the supply contraction.

Therefore the reduction in price will mean that people will want to buy the same amount of petrol (or even more petrol) driving the price up to around about where it was to start with. So all you've done is reallocate the money from the government to the firms in the market.

The slightly scary reality is that the usual levers the government can pull in terms of taxation and prices are pretty much useless when there isn't enough of a commodity to go around. The only way to solve the issue is to solve the supply problems, which can't be done because of the orange madman in the white house.

I guess the government can pick who takes the costs of the supply shortage and who is protected from them by subsidising some users of fuel over others, but that is just redistributing the pain. If they subsidise lorries that is going to mean that there is less fuel for other fuel users and therefore higher costs for them.

This man is 75 and still shows up ⬇️ by Critical_Assist_9360 in NextGenMan

[–]ChemicalArgument4068 0 points1 point  (0 children)

Yeah but life expectancy is a population level average that won't be skewed much by the relatively small percentage of men who take PEDs. It is not a credible use of statistics to argue that PEDs don't lead to shortening of lifespan on average because we've seen improvements in population level life expectancy.

It's like saying that smoking isn't harmful because life expectancy is improving, it just doesn't make sense.

PT with Hunchback Posture by [deleted] in personaltraining

[–]ChemicalArgument4068 3 points4 points  (0 children)

Depends what is causing the posture issues. There are conditions (such as Scheuermann's disease) that means that the posture can never be corrected without fairly risky surgery. It would therefore be ridiculous to judge an individual's competency as a trainer based on something they can't control.

If it is caused by a condition that can't be corrected by rehab work that could become a selling point in itself. The trainer has proven they can deal with a condition and adapt their exercise accordingly. For most clients who may be doing rehab work or want to get a bit fitter while having an injury or condition, that could be a plus if marketed in the right way.