
If evil speculators were responsible for $7.50 increase in oil barrel price, are they responsible for $43/barrel DROP in prices since July?
The motto of liberals is (well, SHOULD be) “Don’t look back.” They don’t, else they couldn’t continue babbling their idiotic economic proclamations. Looking back, they’d learn something, which too often would contradict their mindless mantras. Here’s a great example — from Economics Professor Mark Perry’s blog: http://www.aei.org/publication/sen-sanders-blamed-speculators-7-50barrel-increase-oil-prices-jan-june-now-get-credit-43barrel-drop-oil-prices-since-july/? Sen. Bernie Sanders blamed speculators for the $7.50/barrel increase in oil prices from Jan-June; Do they now get credit for the $43/barrel drop in oil prices since July? Carpe Diem … Read More