Sunday, July 5, 2015

A Rudimentary Understanding Of Economics

Should be a prerequisite for holding public office. This is evidence of a disqualifying lack of understanding:
Yesterday Pennsylvania Gov. Tom Wolf vetoed a bill that would have privatized the sale of wine and liquor while liberalizing the rules for selling beer in the Keystone State. Wolf counterintutively argues that replacing the state monopoly with private businesses would be bad for consumers. "During consideration of this legislation," he says, "it became abundantly clear that this plan would result in higher prices for consumers." He also worries that letting private businesses sell beer and wine would result in "less selection for consumers."
 It sure is a good thing we don't have anyone that stupid holding high political office here in Colorado, right?

1 comment:

Merle Morrison said...

Or in the US govt..... :)


Merle