California Gas Stations Close as Rationing Hits Consumers
politicalarena.substack.com
When governmet demonizes and industry, scapegoats it, seeks to make it unprofitable with excessive regulation, the result is much less incentive to produce the product. Production drops and the shortage begin. Rent control has the exact same affect. Similar policies caused the gas lines and shortages under Carter as well. Those with even the most rudimentary understanding of economics understand this and yet new university trained leftist academics keep causing these same problems and keep expecting a different result.
California Gas Stations Close as Rationing Hits Consumers
California Gas Stations Close as Rationing…
California Gas Stations Close as Rationing Hits Consumers
When governmet demonizes and industry, scapegoats it, seeks to make it unprofitable with excessive regulation, the result is much less incentive to produce the product. Production drops and the shortage begin. Rent control has the exact same affect. Similar policies caused the gas lines and shortages under Carter as well. Those with even the most rudimentary understanding of economics understand this and yet new university trained leftist academics keep causing these same problems and keep expecting a different result.