So what's the deal with this "largely symbolic" federal law on price gouging at gas stations. Isn't "price gouging" they way our economy has worked for two centuries now? You charge the most you can for a product that people will pay. You make the most money you can. Right? What's wrong with that? If a gas station charges what I consider excessive price, and I know I can get gas cheaper somewhere else, I'll go to that gas station instead.
IT'S CALLED CAPITALISM!
If there were only two or three companies that conspired together that would be a monopoly and that's a different thing (and that's probably happening with the big oil refinery companies). But this is about local stations charging "too" much.
I don't get it.
Thursday, May 24, 2007
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