The last time liberals decided an industry was so important that the government needed to step in and contain costs was when they set their sights on the oil industry. Liberals in both the U.S. and Canada -- presidents Richard Nixon and Jimmy Carter and Canadian P.M. Pierre Trudeau -- imposed price controls on oil.
As night leads to day, price controls led to reduced oil production, which led to oil shortages, skyrocketing prices for gasoline, rationing schemes and long angry lines at gas stations.
You may recall this era as "the Carter years."
Wednesday, August 26, 2009
Liberal Lies About National Health Care: Second in a Series (Collect All 10!) - HUMAN EVENTS
Lot's of gems in this one but:
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