Thursday, December 18, 2008

Time To Raise The Gas Tax????

It seems to me that the more you tax and item, like gasoline, the more you interfere with the dynamic of supply and demand.

Supply and demand in a market that operates on a level playing field is essentially self correcting. The leaders in our industries and government should provide a convincing argument that, in spite of temporarily cheap energy, we need work like crazy on alternative energy technologies and an efficient distribution network to be ready for the next supply squeeze. It will come, its just a matter of time.

I think this is like putting money away for retirement when you're in your 20s. At the time, it seems to be a crimp on your life style. But after reaching your 50's, it could be your ticket to financial freedom.

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