by Pops » Mon 09 May 2011, 10:58:08
$this->bbcode_second_pass_quote('DomusAlbion', 'I')t's best to let the market take care of it;
The problem is the market sends mixed signals and people remember what they want. I mean, straight market forces are better than the current subsidies but they are ambiguous - except to weirdos like you and me!
Last night at supper I said "blah, blah ...oil was $15 in '98 and $115 last week." Someone said "enh, the gas price does this all the time, it has a big jump and then falls back and it will do it again. It jumped this high back in '08...
and '03 and '97..." There was no use arguing.
This guy is of course a truck driver with a big 4wd diesel pickup commuter vehicle who commutes 80 miles a day round trip so what is he gonna tell himself: "Guess I'd better retrain as a practical nurse"?
When enough representatives decide the
Right thing to do (if not necessarily the most politically expedient) is to give people a clear,
preemptive price signal they know will stay around, only then will people change their situation. I'm afraid if it's just left to the market entirely, people will be over their heads but bobbing up often enough to get a breather, until they go down for the third time.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)