I stand by my statement.
It's not supply and demand that have taken oil prices this high. Prices have risen much faster and higher than demand has. Also production has been increased.
If Thomas Sowell can be an economist, so can I.
I'll take simple math over doubletalk any day.
If you are accusing Tom Sowell of doubletalk or using complicated math, then you REALLY don't know what you are talking about.
The situation is really simple, and very easy to understand. I understand you don't like it; who does?
But, just because a situation exists that is not to your liking doesn't mean that there is a conspiracy affot.
That ranks as one of the most ignorant statements I've seen all day.
It's not supply and demand that have taken oil prices this high. Prices have risen much faster and higher than demand has. Also production has been increased.
If Thomas Sowell can be an economist, so can I.
I'll take simple math over doubletalk any day.
Try this on for size: demand and price are the SAME THING! If there is not demand for gas at $3 a gallon or oil at $70 a barrel, then it won't sell and the price will drop. But there *is* demand at those prices right now, so they are sustained.
If your posts represent the economic understanding of the Constitution Party, then I'm very surprised. And staying far away.
I'll take simple math over doubletalk any day.
His education may give him an edge...