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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (1874)8/20/2005 8:41:31 AM
From: Ron  Read Replies (1) of 24213
 
excellent article and a key point, I think that bears repeating:
it is erroneous to calculate that the adjusted price for gasoline, including inflation, is under the price of two and a half decades ago. This is because "subsidies - direct, indirect and hidden, such as the War on Iraq -- to oil and refined products, if included in the price, would make oil cost perhaps $120 per barrel today. This is one reason people must work longer hours and obtain extra jobs," he explained.

Subsidies are one of the most nefarious, underhanded devious government tricks. Taxpayers are robbed for the benefit of already wealthy special interests and don't even realize it. Yet they can sieze quickly on the image of a welfare queen-- even though welfare fraud is miniscule compared to the gigantic subsidies the government doles out.
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