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To: E. Pluribus Unum
We don't live in never-never land. Reality is what it is. Prices go up when demand exceeds supply. Period.

And your evidence that gasoline is in short supply? Seems to me that the fantasy is the simplistic soundbites of the economic theorists.

190 posted on 04/18/2006 9:49:33 AM PDT by atlaw
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To: atlaw
And your evidence that gasoline is in short supply?

"Short" supply is relative to demand. The price is the proof that demand is greater than supply.

Nothing surpasses price as an indicator of allocation of resources.

209 posted on 04/18/2006 10:03:25 AM PDT by Protagoras (The world is full of successful idiots and genius failures.)
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To: atlaw
And your evidence that gasoline is in short supply?

The price is going up and peope are paying it.

So what kind of government program to you propose to regulate the price of gasoline?

215 posted on 04/18/2006 10:05:18 AM PDT by E. Pluribus Unum (Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
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