August 03, 2008
Higher oil prices =
Higher transportation costs =
Less foreign competition!Which means you'll pay more for damn near everything, but isn't that what you wanted? Higher prices, less efficiency, and all the other "benefits" of decreased international trade. And, hey, we didn't even have to increase tariffs to get it! Who says markets don't work?
Well, any phenomenon that keeps the darkest pockets of the developing world trapped in the bitterest of poverty can't be all bad now, can it?
Posted by: Attila Girl at
11:14 PM
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