huju > There is not much that can be done, and Biden has done them.
The first and main thing he did – he discouraged investment in oil industry. I am not going to list specific examples, it is all of the taken together. Current investment requires a hope of future returns.
Second – he (his state dept thinkers) had a theory that we should not scare Putin too much at the beginning. “If we escalate, and then he disregards, then we have nothing left short of nuclear, better start a little, so that he will be afraid of the rest”. This was a spectacular failure, we let Putin down by making him think that he can get away with murder.
3. Related – rescinding opposition to NordStream 2, prolonging German commitment to Russian hydrocarbs and, again, letting Putin think that Europe will have to listen to his diktat.
4. Destroying relationship with Saudis right when we needed their help.
5. Starting inflation 6. Denying inflation. 7. Boasting that inflation is over before it is over risking prolonging it.