Tuesday, August 09, 2005

Petrolheads

Why aren't Liberal Democrats, the Greens and Labour welcoming average petrol prices of 90p per litre? There is not a more efficient or effective method of pricing people off roads than higher fuel prices, IMHO.

It's good to see Vince Cable, the Liberal Democrats Treasury Spokesman, demonstrate his knowledge of economics, "there is a sort of basic law here that what goes up must come down". I thought that was gravity! He continues "High prices lead to low prices", does Vince foresee a house price collapse too?

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