THIS IS THE DUMBEST, MOST ECONOMICALY UNSOUND POLICY I THINK I’VE EVER SEEN SINCE CARTER.
What happens when you reduce the cost of a commodity? Demand goes up. What happens when demand goes up? Prices rise. This $100 will achieve absolutely nothing for consumers and will achieve nothing other than cause a brief blip in oil company's revenues. For once can these idiots just stop meddling and let the market do it's job?
1 comment:
We need to make the stuff more expensive, not less.
Here's a good quote on externalities. "Socialism collapsed because it did not allow prices to tell the economic truth. Capitalism may collapse because it does not allow prices to tell the ecological truth."
Post a Comment