Conservative65
Gold Member
- Oct 14, 2014
- 26,127
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- #201
I completely agree. However, there are some products that even if the price goes up, people will buy as much or more of it simply because there is no viable alternative. An example would be insulin to a diabetic.It's simple Econ 101: raise the price, you sell less of it. WHy do people think that somehow laws of economics dont apply to their issue?
I've said that for DECADES, and still can't get anyone to answer that.
In any other situation, people grasp that if the price of milk, was $15 a gallon.... dur.... people buy less of it.
If the price of gasoline, was $15 a gallon.... dur.... people would buy less of it.
If a porno film was $1,000 a film... people would buy less of it.
If cell phones, and data packages were $1,000 a phone, and $500 a month...... dur... people would buy fewer phones and data packages.
Labor... has to be bought. If you triple the cost of labor itself.... HEY! People buy less labor.
This isn't that complicated. Why can't the people on the left grasp basic economics?