Posted by
Tim Blessing on Wednesday, June 25, 2008 7:26:21 PM
GASOLINE.
If I was a member of Congress I would stop holding hearings on Gas Prices, hold as few press conferences as possible, and give speeches that have some element of rhetoric towards this issue.
There is nothing that can be done about it in the short run. Only the public's demand for better cars, houses, and other items that have less connection to oil will change costs.
In essence, capitalism will drive people to do what's right rather than some government control.
Its painful, but it took six years in the 1970s to restore the economy's health.
That maybe that is what's at work here.