It’s supply and demand, stupid

Every time gasoline prices rise by one per cent or more, we get the SUV-driving public’s arms up in the air complaining, and opportunistic politicians climbing over themselves to do something about it.

So I suppose it shouldn’t be surprising that the Quebec government is considering price caps on gasoline prices. Sure, artificially limiting the price of gas will only encourage consumption and that can only be bad for the environment, but then the gas-guzzling public doesn’t care about the environment when maintaining it inconveniences them.

This news is especially funny considering what’s going on in Zimbabwe. There, ruling moron Robert Mugabe, trying to control his country’s 9,000 per cent inflation due to his idiotic economic policies, has simply decreed that the price of everything in his country be cut in half.

As anyone with half a brain will tell you, when you force someone to sell stuff at less than they bought it for, they’ll stop selling it. So now gas stations are dry as the country continues its economic freefall.

Hopefully at some point the Quebec government will learn that copying Zimbabwean economic policy is an idiotic thing to do. Even if that means it’ll please the idiots.

2 thoughts on “It’s supply and demand, stupid

  1. Krupo

    Funny, I was just talking to my friend about the situation in Zimbabwe earlier today – he visited his family there last month.

    Reply

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