“Economic Idiotarianism”
This post was formerly and boringly titled: Supply and Demand
Here’s a data point that serves to explain why it’s far too frustrating for me to engage democrats in a discussion over politics or economics. Forget the fact that I’ll never convince them that it’s wrong to steal one person’s property to "help" another. I can’t even get them to understand a trivial economic principle.
1) The government needs to do something about high gas prices and "price gouging."
2) The government needs to do something to force people to conserve gas, and save energy.
Update: I retitled the post shortly after writing it and stumbling across this, via Balko.
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In the spirit of Heinlein's idea from the comments on the previous post:
The answer is:
A. Force the market price down and raise taxes on gas to limit demand and raise revenue
B. Allow the price to rise naturally and demand will shrink in proportion to the restriction of supply
C. Force the price down and institute rationing or "excessive use" penalties to reduce demand.
Your answer is:
B
Congratulations! You may now proceed to the ballot screen and cast your vote.
Nationwide Presidential Reults:
Democrat: 49 votes
Republican: 2,185 votes
Libertarian/Anarchist: 12,487 votes
Reform Party: 12 votes
Communist Party: 8,462 votes
Not voting: 87,654,239
"None" declared the winner. Happy Days Are Here Again!
Ha ha, exactly! It's only been high gas prices that has stopped us from running out of oil like we were on track for three decades ago.
Adam,
You're right, the high oil prices have incentivised some very innovative new recovery techniques. The supply is looking better all the time.
Idiotarian. I love it. You can't tell them a thing.