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Whereas in the former, petroleum prices only go up by something on the order of 100 %.

Which couldn't possibly cause riots.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Aug 17th, 2011 at 04:03:55 AM EST
[ Parent ]
Precisely. We've had gas prices double several time in the past forty years, and it never caused widespread rioting. Recessions, sure, but not riots.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Aug 17th, 2011 at 07:00:22 AM EST
[ Parent ]

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