Bush to Hu Jintao: "Our Oil Weapon Is Sleepin in the Corner"
Check out this national gas price map. What state has some of the lowest gas prices? Wyoming. Yeah, that's right, Dick Cheney's state. C'mon, you know he can pull it off.
Manny Mota...Mota...Mota (OK, not a helpful title...this blog is mostly about Economics, the Markets, Politics...and during the football season also about the New York Giants)
2 Comments:
Pres. Bush recently said "Gasoline price increases are like a hidden tax on the working people. They're like a tax on our farmers. They're like a tax on small businesses." So he's launching an investigation into price gouging.
I like this logic. When the price of milk goes up, it's also like a tax on the working people. The same goes for toner, toilet paper, shampoo, you name it. We need to keep the price of goods in the market constant or push them downward, otherwise it's like we're taxing consumers.
Somewhere Laear is swallowing his tongue. We saw what happened to Mankiw when he said "gains from trade are good," so what will CEA say in response? Here's the link:
http://www.breitbart.com/news/2006/04/25/060425163826.mcvs1wwt.html
I don't think I will ever understand politics.
Yes indeed, nothing sticks in my craw more than the mindless rhetoric coming from all sides over gas prices, particularly given the dreadfull role the policymakers have played in all this. The delicious irony is that the phony 'looking-out-for-the-little-guy' bromides are becoming less and less true. More and more people are telecommuting and if it so farging onerous to drive these days, they have options, all brought to you by your friendly free market system!
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