I do not think price gouging is acceptable and the law against it should stay. I don’t believe you should pay for something that isn’t the fair price for it. Gouging isn’t selling something at a fair price. With the mortgage crisis going on, money is getting tight for some people. The price of food items like milk is also going up. I don’t think people should have to choose between buying gas or feeding their children.
I think fair capitalism would lie in true competition. The consumer should decide what business gets their money based on the quality of the product and their own personal tastes. If the only way a gas station can afford to stay open is to raise it’s price to match all the others, even if it is a high price, then I believe that is alright. People who connected to gas stations need to feed their families too.
I think limits on how much gas you can buy are a good idea, as long as they are enforced. I liked what happened in the last gas crisis. People could only go to get gas on a certain day, depending on their license plate. That’s an good way to make sure people weren’t getting gas when they weren’t supposed to because you could see that they had the wrong tag for that day.
I think gouging is the wrong way to go here. I think we should limit how much people should buy at one setting or only let certain people be able to get gas on a certain day. I think if that happened, consumers could buy gas without gas stations having to raise them up so high just to stay in business.
Wednesday, October 1, 2008
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