As the old economic cliche' states,"If you want more of something--tax it less. If you want less of something--tax it more."
The only government intervention I would like to see, is a serious move to diversify our nations energy sources.
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This whole discussion is so rich and fraught with demagoguing and I've slapped my forehead so many times from reading about every other post, that it hurts. Any person that offers me a needed product or service for cost plus 9% is doing me a favor and a great service. Go buy some furniture where it's cost plus about 200%, or jewelery, or a damned filet mignon. That filet came from a tenderloin that cost a rancher the same to produce as did the arm roast, yet it has 8-10 times the markup. But, I don't see these people out to demagogue the cattle industry? It's appears no less than amazing that $3 gas in the United States is called gouging, yet the Europeans aren't throwing a fit over $6 gasoline. Clearly something is different. They are either wiser than many in our country or more stupid. Or maybe it's because they don't have any politicians pulling knots in their tails over the price of gasoline or if they do, maybe it's because they aren't buying the BS. |