EdwinAMartin
Gold Member
- Mar 6, 2026
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Companies set gas prices at whatever they think people will keep paying for it, and then start demanding politicians interfere for them, then they back off, 'shortages' or not. Fantasy 'demand' is endless, like with rubbish like 'LAffer Curves' and other superstitions. Real demand is the ability of consumers to actually pay for the stuff, and that is very limited, especially given how much of the national income the working and middles classes actually pocket, which is less than 20% of the total income.
lcurve.org
The L-Curve 2.0: An Updated Graph of the US Income Distribution
The US Income distribution does not look like a "Bell Curve". It is an "L-Curve": a gradual ramp for 99% of the population forming "horizontal branch" and a steep spike at top reacing beyond stratosphere. The disparity is so great it is difficult to represent on single graph. To comprehend it...
