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Politics : Clinton's Scandals: Is this corruption the worst ever? -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (6768)	9/23/1998 12:08:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 13994

I don't believe I said anything about what caused the oil crisis. I did say that conservation measures that Carter encouraged helped to bring the price down, along with competition between oil-producing countries. As you say (if I read you correctly) the sudden shortgages and the dramatic increase in gasoline prices may well have been deliberate or tacit policy by major oil companies. Or, as my mother-in-law blandly put it, "As soon as the price went up there was plenty of gasoline." The point I was making was that Carter is an intelligent and practical-minded person and that his remarks about the present troubles of Clinton seem level-headed. If you want to discuss the price of oil, there's a thread on that which I started quite a while back, but given the current extremely low price levels, no one seems much concerned with the issue. exchange2000.com

To: DMaA who wrote (6768)	9/23/1998 12:20:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 13994

Off-topic: I also agree with you that wage and price controls, which should have been anathema to a Republican president, were responsible for many of the economic problems of the early 1970s, and undoubtedly did their part to bring on the oil shortages. I also agree that many government incentive programs work out badly. I would have insulated my house in any case, but I still think that the $2,000 tax credits I got made it easy to take steps that have saved about $20,000 worth of heating oil over the years. I did most of the work myself! Let me enjoy the only big tax break I ever got!