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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (30515)12/18/2008 6:28:30 PM
From: Peter Dierks1 Recommendation   of 71588
 
Lines form at the pump when there is an imbalance between supply and demand in which demand exceeds supply at a given price. As worldwide demand increases from the wealth effect the US will have reduced availability. The continuing failure of America to tap her own reserves creates a shortfall that has to be imported or eliminated.

Liberals complain about excessive profits and or gauging when prices rise too much. The screaming about gauging was posturing with a rational President who would ave prevented democrat stupidity. Who is going to be the adult in the Pelosi-Obama era?

If economic realities prevent outrageous taxes and threat of over reaching government intervention prevents the price mechanism from functioning then shortages are inevitable.
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