In Newtonian physics the sequel is “must come down,” but this apparently is invalid in contemporary economics, where whatever goes up stays up.
When oil prices shot up like benevolent Ho Chi Minh’s mortar shells, the postal “service” zapped us with commensurate – or greater– escalations. The floundering airline companies poured on surcharges and commenced a la carte baggage billing. Every Tom, Dick, and Harry that meddled in delivery or anything approximating transportation or energy leaped into the reverse price war with their own gouges.
My question is why, now that oil prices have declined from psychotic elevations, are these premiums (premia?) not cancelled? Why aren’t stamps back to 37 cents or less? Why are ticket prices from the bankrupt airlines still stratospheric? Why are delivery surcharges still in place?
Why isn’t GOVERNMENT actually FOR THE PEOPLE? Why doesn’t GOVERNMENT defend us against predatory agents in the private, as well as in its own, sector?
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