My electric company got approval to raise rates to make up for “losses” resulting for falling demand.
So much for the old free market concept of supply and demand.
However it should also be noted that they’re building wind farms which will lead to falling supply and I suspect they’ll rediscover supply and demand as their supply falls. They’re getting tax breaks for going green as well.
I don’t know what we are but it sure isn’t a free market economy. Maybe market socialism.
posted on 06/23/2012 5:51:40 AM PDT
(What does it profit a man if he gains the whole world but loses his soul?)
While the Feds continue to overreach into interstate commerce
all free markets in America will suffer. Especially artificial food pricing
by forcing a system that forces one farm to sell to another state instead of
allowing local commerce. Frustrating to say the least.
posted on 06/23/2012 7:48:40 AM PDT
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