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Re: The Free Market, price of gas, class warfare or socialism?
Quote:
Originally Posted by skinsguy
If we sky rocket the price on something we are dependent on, it will cause a worse recession than the one we're heading toward. That is definitely NOT the answer. The law of supply and demand doesn't work in this case. What works is competition. The American people deserve to have choice of fuel for their vehicles. Competition will drive down price, dependency, and demand. It will also help to keep money in the American people's pockets, allowing them to contribute to the economy of the country. Which is good for everybody.
What your'e suggesting would only henge on the hope that the rate of living expense compensation would increase at a rate that would allow for such an increase. And believe you me, the fuel companies would never cap their prices at the end user PoP(point of purchase.) The moment the average income would "catch up" to the fuel costs, the gas companies would come up with some other excuse to raise the prices again.
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The main idea is to cut usage. Competition would go by the wayside for a while, as every company would sell gasoline at the price floor mandated by the government.
As long as nationwide usage stays down, the gas will be there for those who do rely on it.
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according to a source with knowledge of the situation.
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