Helpful Government

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Writes Don Printz, MD:

Georgia Governor Nathan Deal has just signed an executive order enforcing the “price gouging” rule for propane during the cold emergency. That’ll certainly encourage new suppliers to enter the market. I remember when some entrepreneurs brought a big supply of drinking water to Charleston, SC, for $5/gallon (usually about $1) after Hurricane Hugo wrecked the city water supply. The state called it price gouging if it were sold for more than $1.25. They sold it…and never returned.

2:33 pm on January 28, 2014
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