I'm defending sound Economics, IMHO. I want to end that corporate welfare.
No, we are currently LOOKING at people who to some extent already try to do without oil, due to price. You and I think it would be helpful if it were less expensive. So I'd like to get rid of the status quo politics between oil and government. Simply leaving the status quo as is and adding more government power in the form of windfall profit taxes, can plainly exacerbate the problem, pleasing wheeler dealer fascilitators no end as it makes government bigger and lobbying more plentiful. But would it help anyway? Alter revenues through taxation, and we'll find that since the Oil Companies will "get theirs" come hell or high water, comsumers will pay the price one way or the other, IMHO, but government will have extracted that price out the hind end of the deal, and government will treat that money like crap when they spend it, too. The next alternative is nationalization of the oil industry. Let's not go there...just a receipe for disaster and bigwhigs in government in cahoots with oilmen, all "getting theirs," while the people suffer with some "benelovent" ration as congress proscribes, while successful energy/conservation progress is blocked by governmental spending on less than viable alternatives until the end of time.
I'm fighting for the little guy here.
Freedom Works better,
Dan B. |