High Gas Prices
Tyler Cowen has explain to his mother why the price of gas is high because of Ike, and why that’s not a bad thing. Sadly, it’s not just Tyler’s mother, but a lot of the politicians who run this country that need this basic lesson in economics.
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Gas prices are high because of Ike! My goodness, he left office in 1961. What did Eisenhower do that has had such a lingering effect?