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A politician can make any kind of spending seem bad by just calling it a subsidy regardless of the social benefit. But when it benefits people they like it can
by 7952 11y ago
A politician can make any kind of spending seem bad by just calling it a subsidy regardless of the social benefit. But when it benefits people they like it can just be quietly ignored.
The real test should be if it ensures that people pay a "fair price" for a product. Paying a little more for clean energy is perfectly reasonable.
- newjersey 11y ago> The real test should be if it ensures that people pay a "fair price" for a product. Paying a little more for clean energy is perfectly reasonable. You could argue the other way and say that paying a little more for dirty energy is perfectly reasonable because someone has to come after them to clean things up. There is a cost to that.
- mattlutze 11y agoPrice manipulation in the market in any direction will end up providing an edge for someone to extract value / reduce the fairness to consumers. Outside of very short term smoothing effects from strategic reserves, "fair price" raises some troubling price-fixing flags, for me.