Quote:
Originally posted by Lurch@Oct 3 2005, 12:10 PM
You might want to rethink this idea, or I misunderstood your post. Opening paragraph from your own link:
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There really isn't any comparison to the extent of government price control's on gasoline in the 1970's versus today.
While we may be seeing SOME initiatives they would certainly pale in comparison to the Nixon era when we saw a presidential order making it illegal to sell gasoline over a certain price another order limiting oil companies from selling outside of a certain price range. . . . both examples from the early 1970's.
Obviously, there is lots of argument that price controls encourage shortages and invariably the gasoline crisis of the early 1970's is used as an example of that . . . . . and perhaps that's why we still haven't seen a comparable political clamouring.
http://cassandra2004.blogspot.com/2005/09/...-shortages.html
http://freedomkeys.com/pricecontrols3.htm
Cowperson