Wednesday, May 31, 2006

Price Gouging 101

Betsy has more faith in our legislators than I do. She thinks they are ignorant.

Prices at the gas pump must be some of the hardest prices for sellers to manipulate through monopoly and gouging. They're posted in large letters right there at the pump for everyone to see. If politicians would learn some basic economics, they would stop making these wild accusations just so they can demonize someone and make political points.


I think they are sniveling, lying miscreants who will say or do anything do get reelcted. Excluding, of course, being straight with their constituents.

If they really wanted to learn, Betsy has the introductory course from Walter Williams.

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