Price Controls (Just like Venezuela tried)

DougBH · 2022-05-24T10:45:58.109Z

Safiel:

Not going to worry about the Nixon vs Venezuela deflection. It doesn’t matter because PRICE CONTROLS are wrong in every case, whether tried by Socialist/Communist nations or whether a misguided attempt by the leader in a Capitalist nation.

And for the record, I oppose all price controls, including the minimum wage, though pragmatically it is not going away. I also oppose anti-price gouging laws, rent control and anything else remotely connect to price controls.

Congratulations on noting the immediate and successful deflection from price controls to whether they were like Venezuelan price controls or Nixon price controls.
Either way, they are a disaster. All this will do is undercut investment in oil production. Whose going to invest in oil extraction, transportation or refining when they can’t even recover the cost of their investment? Result…shortages and even higher costs down the road.
But it fits wonderfully into the idea that if we destroy fossil fuel production then magically wonderful new cheap alternative reusable sources of energy will appear.

WuWei · 2022-05-24T11:38:25.122Z

What makes white progs feel we will get Norway instead of Venezuela?

Ben_Natuf · 2022-05-25T00:33:23.945Z

because they don’t read

Reuters – 17 Mar 22

Norway plans to expand Arctic oil and gas drilling in new licensing round

Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the government said on Thursday, welcome news to Western nations keen to reduce their dependence on Russia.

only russia (in europe) produces more oil and gas than norway. good ole green norway

WuWei · 2022-06-17T13:11:26.843Z

WuWei:

What makes white progs feel we will get Norway instead of Venezuela?

Breitbart – 16 Jun 22

McCarthy: Biden's Energy Proposals Are Like 'Venezuela All over Again'

During an interview aired on Thursday's broadcast of the Fox Business Network's "Kudlow," House Minority Leader Kevin McCarthy (R-CA) stated that President Joe Biden's oil and gas policy is like Hugo Chavez and "Venezuela all over again with what he...

conan · 2022-06-17T13:39:19.475Z

Libs just never ■■■■■■■ learn…never.

They think they’re smarter then previous people that have tried it…they’re not.

JayJay · 2022-06-17T13:43:13.178Z

Why do you guys always default to Venezuela?

It is amazing that this has become such a boogey-word for some people.

You could have talked about what happened when Nixon tried that for a better historical parallel.

But nope…fear-mongering is the default way to go.

WuWei · 2022-06-17T13:44:16.830Z

I saw Venezuela. In color.

Why do you default to Norway?

JayJay · 2022-06-17T13:44:46.689Z

WuWei:

I saw Venezuela. In color.

Then you should know they aren’t the correct parallel.

WuWei · 2022-06-17T13:45:18.339Z

JayJay:

WuWei:

I saw Venezuela. In color.

Then you would know they aren’t the correct parallel.

Of course they are. Much more than Norway.

JayJay · 2022-06-17T13:45:55.172Z

No we aren’t Venezuela no matter how hard the fear mongerers try to make it so.

WuWei · 2022-06-17T13:48:06.345Z

JayJay:

No we aren’t Venezuela no matter how hard the fear mongerers try to make it so.

How would you know?

SpacemanSpiff · 2022-06-17T14:05:24.878Z

zantax:

Jezcoe:

zantax:

Not rocket science, our electorate looks far more like south America than Eu demographically. Might have something to do with tens of millions of South American immigrants

Oh really… show me the numbers.

Educate yourself, not my problem.

Ah, the good ol’ burden of proof fallacy. When you make an assertion the burden of proof is on you to show you’re right, not the other guy to prove you wrong.

JayJay · 2022-06-17T14:11:36.010Z

WuWei:

JayJay:

No we aren’t Venezuela no matter how hard the fear mongerers try to make it so.

How would you know?

Because I know.

WuWei · 2022-06-17T14:16:29.146Z

JayJay:

WuWei:

JayJay:

No we aren’t Venezuela no matter how hard the fear mongerers try to make it so.

How would you know?

Because I know.

No, you don’t. You’ve never seen it.

When you© say you’re going to get Norway, you© do so from a white, middle class or better, mostly male perspective. Pretty much the only people who say that crap are white.

And if you white folks were homogenous like Norway (or Maine, NH, Connecticut), you might have a shot.

But you’re not. You© are not the deciders. You don’t have hegemony.

JayJay · 2022-06-17T14:19:38.800Z

WuWei:

JayJay:

WuWei:

JayJay:

No we aren’t Venezuela no matter how hard the fear mongerers try to make it so.

How would you know?

Because I know.

No, you don’t. You’ve never seen it.

When you© say you’re going to get Norway, you© do so from a white, middle class or better, mostly male perspective. Pretty much the only people who say that crap are white.

And if you white folks were homogenous like Norway (or Maine, NH, Connecticut), you might have a shot.

But you’re not. You© are not the deciders. You don’t have hegemony.

This of course is nonsense.

We are not Venezuela precisely because our socioeconomic history is completely different from Venezuela’s.

Pelosi’s ideas are rooted in our socioeconomic history, not Venezuela’s.

The impacts here would not turn us into Venezuela because our current socioeconomic situation is nothing like Venezuela’s and never has been.

Price controls are a bad idea, but right wingers can’t resist ratcheting the rhetoric up to 11 instead of rationally explaining why they are a bad idea.

BraveGear · 2022-06-17T14:22:55.829Z

Can’t believe we are having an argument over whether we should become Venezuela or Norway. I kind of was happy living in the United States of America the way it was before Biden and the Democrats destroyed it.

WuWei · 2022-06-17T14:26:18.813Z

JayJay:

Pelosi’s ideas are rooted in our socioeconomic history, not Venezuela’s.

That may be the funniest thing I have ever read here.

As for the “socio-economic” denial - baby formula and tampons. $6 gas.

You’re not going to get Venezuela; you’re becoming Venezuela.

Reminder: your government. That you voted for. Recently shackled a 72 year-old lawyer in one of the busiest airports in the country - to intimidate a political opponent.

And then of course there’s the whole Summer of Love and Jan 6th insurrection.

“Socio-economic” indeed. You better learn you some Spanish.

WuWei · 2022-06-17T14:27:13.343Z

BraveGear:

Can’t believe we are having an argument over whether we should become Venezuela or Norway. I kind of was happy living in the United States of America the way it was before Biden and the Democrats destroyed it.

Not should become, will become, if the idiot left gets its way.

WuWei · 2022-06-17T14:29:34.769Z

By the way @JayJay , you sound just like a middle class Venezuelan before socialism broke their country.

Only in English.

BraveGear · 2022-06-17T14:29:54.411Z

How is your 201k doing?