Oil Prices / Government taxation & expenditure
Now we know why oil companies are always setting sky-high prices that never once went down.
IF someone gives this man some money, he and the giver should benefit. However, when the government forcibly redistributes money from taxpayers to the sign holder, it's another story.
It is often thought that government spending will stimulate spending, increasing economic activity. But this forgets that government spending is financed by taxation, thus decreasing economic activity by the same amount. This is a common issue with government policy-- obvious benefits and subtle costs. The upshot is that the public is far too likely to support such governmental policies which harm individuals and society.
George Bush should learn to think twice before escaping reality.
No comments:
Post a Comment