Wednesday, April 28, 2010

When oil prices were rising Govt allowed taxis airlines etc to raise prices immediately?

however now when oil prices are down 60 70% Govt is just deaf and dumb not to force the price come down


Is it the free economy govt is advocating?What about postage stamps? gone up every year to 42c level can we see they are brought down to 32 c levelWhen oil prices were rising Govt allowed taxis airlines etc to raise prices immediately?
We depend too much on the Govt. and try to ignore the market forces.


Prices rose when oil prices rose, because of the market, because input costs have increased, the govt. neither permitted nor forbade the rise in prices.


Even now the govt. does not say anything, it is the moral of the taxis airlines to bring down the prices.

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