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Gas attack

It won't take, but some Economics 101 advice for John McCain and Hillary Clinton:

Strong demand and limited supply of a product lead to price increases. If you artificially lower the price of something -- i.e., waive taxes for a period of time -- all you will have accomplished was stimulating more demand. The higher demand and increased consumption eventually lead to even higher prices.

Hence, the expression the cure for high prices is high prices.

Jill Long Thompson and Jim Schellinger could benefit from the advice, too.

Posted in: All about me

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