The American Politics Discussion Thread
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February 21st, 2013 (08:30 PM).
Guide of Darkness
Join Date: May 2004
Location: Temple of Light
Quote originally posted by
A little something to ponder:
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If they're price gouging or fixing or if there's a monopolistic environment, sure, go after them. If not, and in most cases that is probably the case, then no. You should not be limited, by the government, as to how much profit you can make. That's for the free market to decide. If you're set to high, and competition is set lower, then the consumers go for the cheaper option and you lose business. Simple.
If you want someone to offer $1 bread, then go start that company on your own. Figure out how to do it and go to town. Compete with the other guys and succeed. But, you shouldn't legislate a maximum price. That defeats the entire purpose.
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