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DENNIS PATRICK: POLITICAL MANIPULATION BY EXPLOITING ECONOMIC IGNORANCE |
If tobacco is a luxury, gasoline isn’t. Don’t blame the oil companies for the high cost of gasoline. Thank your greedy legislators for that. Reformulated gas mandated by the Clean Air Act of 1990 push prices up. Mandated use of ethanol may benefit certain farm states but it is twice as expensive as gasoline. It cannot be effectively piped and must therefore be shipped by barge, truck, or rail -- another added expense. And then there are the taxes. Federal and state taxes alone account for 1/3 the price of gasoline at the pump. All of these added costs for gasoline are imposed by legislators who count on the public’s ignorance of economics to impose their way.
People voting for the economic illusion of “free” things perpetrated by the political class are putty in the hands of their elected overlords. A blind electorate typically gets what it deserves.
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