Liberty Conspiracy - Warren Deflects Re Gas Prices, Wants Windfall Profits Tax - We Learn Economics

Liberty Conspiracy - Warren Deflects Re Gas Prices, Wants Windfall Profits Tax - We Learn Economics

Massachusetts Senator Elizabeth Warren (D) recently appeared with the fawning NBC "reporter" Andrea Mitchell (wife of former Fed Chair Alan Greenspan), to not only distract from unconstitutional Biden Administration edicts that have strangled the natural gas and fuel oil supply meeting demand (we remind viewers that we do not subscribe to any form of the state, even under the US Constitution, but at least these politicians could abide by their oaths to operate under those rules).

Instead of lightening the load on energy suppliers, and all those who rely on energy supplied via fuel oil, gas, and natural gas, Warren is calling for a repeat of Jimmy Carter's disastrous "Windfall Profits Tax".

We explore that idea from an economic and ethical standpoint, and offer Liz the chance to learn the immorality of politicians telling people the level of price to ask or offer to another.

Check it out!

This is a good lesson for students to learn about fundamental economics, the myth of "gouging" and the key power of price signals to foster new suppliers to enter and compete!

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