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The Watercooler
Economic Stimulus Checks question
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<blockquote data-quote="Sara PA" data-source="post: 171961" data-attributes="member: 1498"><p>1. Short of socializing the oil companies, the government can't control the price of gas. If the government tries to control prices below that which the oil companies can make a [satisfactory] profit, they'll just stop selling [as much]. Then we have an artificial shortage. If the government tries to impose a windfall profit tax, the oil companies can just raise prices. They have us over the [oil] barrel.</p><p></p><p>2. The good news is that outsoursing jobs is begin to wain. The bad news is that's happening because 1. oil prices are so high that importing the items is become less cost effective and 2. the dollar is so weak that it's becoming cheaper to have the work done at home.</p></blockquote><p></p>
[QUOTE="Sara PA, post: 171961, member: 1498"] 1. Short of socializing the oil companies, the government can't control the price of gas. If the government tries to control prices below that which the oil companies can make a [satisfactory] profit, they'll just stop selling [as much]. Then we have an artificial shortage. If the government tries to impose a windfall profit tax, the oil companies can just raise prices. They have us over the [oil] barrel. 2. The good news is that outsoursing jobs is begin to wain. The bad news is that's happening because 1. oil prices are so high that importing the items is become less cost effective and 2. the dollar is so weak that it's becoming cheaper to have the work done at home. [/QUOTE]
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