Why is it that when the economy tanks, politicians forget all about basic economics?
Let’s review: As prices on a product go up, demand for a product decreases. As prices for a product go down, demand for a product increases. It’s basic economics. Florida is just the latest place where that’s happening. To close a gap in the state budget, the legislature is considering raising the cigarette tax. Being no fan of smoking, I’ve got zero problem with that. | Read More »