subsidies

July 28th, 2008 by alephnaught

We are subsidizing the increased price of oil

This one should be obvious – governments subsidize the price of goods or add tariffs to imports as a way to stimulate the local economy. The problem is, you can’t just turn it off; when you do, people feel real pain as jobs are lost, capacity is lost, and the general economy depresses. After reading […]

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