The dangers of economic ignorance.
"....Not enough fuel, with growing demand (estimated to be 30% greater by 2030) and higher prices. And Congress proposes imposing price caps and breaking up Big Oil.
But it's all been tried. In the 1970s, Presidents Nixon, Ford and Carter all kept price controls on oil. As a result, drillers had no incentive to find new supplies, and prices — along with OPEC control over our energy future — increased."
About Me
- rightwinginsider2
- I dream of living in a strict-construction, minimalist-government, constitutional republic where personal liberty and private property are sacrosanct and in which the state is the servant of the individual citizen, not the self-serving drover of the dumb, collective herd. My personal observation: Washington lauds the glib, the cunning, the calculating, the shrewd, the slick, the sly, the clever and the crafty.
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