5/15/2008
Should our goverment step in?
There are those who thinks the government should step in on the gasoline companies to check on their profits. Why should or shall I say could the government have this right? We live in a free market in this country. A free market does not stop just because of what the company or CEO is making. I could have a hot dog stand downtown Indianapolis and ask one hundred dollars for each hot dog. Now if people are buying, why should people think that the government should step in investigate me? If they want the product and are willing to pay my price, who is to say I am cheating the public? I know some will read this and say we need the gas for everyday life in America, but do we? Yes, you need gasoline to get back and forth to work. Some who lives a short distance could ride a bike, walk or get their on a scooter of some sort. We must first learn what need and want is. Then we must learn how price and demand effects the price of the product. In this case gasoline.
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2 comments:
THe cheat is in the subsidies they receive. How about a free market and get govt out of private business. As I recal the mantra has been that demand is high so ergo the price is high. Then agin (scuse my hoosier) it is being reported a 3% decline in hoosier gasoine usage. Go figure?
I agree with there should be no subsidies from the goverment to oil companies. I also think the subsidies are far to much for todays farmers.
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