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To: mtrott

She is doing what she needs to do. Just like the AG in Texas is doing. Price gougers are abusing the free market, taking advantage of emergency to generate excess profit. Too bad the airlines are protected by Congress. They should be challenged further as well. Not good enough that they “voluntarily” rolled back prices.


5 posted on 09/11/2017 9:54:09 PM PDT by Reno89519 (Drain the Swamp is not party specific. Lyn' Ted is still a liar, Good riddance to him.)
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To: Reno89519
There is no such thing as excess profit. The high profit sucks in more of the product to take advantage of the high profit and voila! there is a lot more of it on hand faster and the price comes down accordingly. Either you believe in markets and in supply & demand or your are a dirigiste, a socialist.
The scarcity of the product determines the price and rations it by price. If the prices is held lower then some other mechanism rations the product, such as intimidation or government determining who gets what. That may be "fairer" but it reduces the amount of the desired product and fewer people can get it.
22 posted on 09/12/2017 12:27:47 AM PDT by arthurus
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To: Reno89519

Yes. Price gougers during state of emergency are no better than looters.


30 posted on 09/12/2017 1:46:43 AM PDT by SaraJohnson ( Whites must sue for racism. It's pay day.)
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