Wednesday, April 29, 2009

O Duce Ahoy

clipped from www.qando.net

So, when it comes to items which are expensive and (and I’m guessing here) the public identifies as an industry which makes too much profit (or has been vilified as such), they’re all for capping the price on them (apparently never watching TV and seeing the competing commercials for all of this, indicating market competition has most likely pared those profits down considerably).

56% disagree that TVs should have prices capped. And 59% say “no” to capping the cost on a cup of coffee.

I have to go with my first inclination here - the public is more likely to call for price controls on the products of industries which have been vilified by the press and government. Banks (loans), auto makers and telecommunications have all suffered from various levels of vilification rencently and in the recent past.

Coffee, however, is still “Juan Valdez”.

Unfortunately, even if true, it means that a majority of Americans have no problem with government price controls