Voters want Govt intervention to cut fuel prices
"A poll has found that almost 80 per cent of voters want the federal government to intervene directly to cut fuel prices.And the Nielsen poll, published in Fairfax newspapers on Monday, found that three-quarters of those demanding action support a cut in fuel excise, as proposed by the Opposition, instead of the government's FuelWatch price information scheme."
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If the government 'intervenes' to reduce the price of fuel at the pump then demand will rise, further adding to the tide of global demand that is the initial cause of rising fuel prices. The whole problem is a structural one which is simply being caused by global demand rapidly exceeding global supply. Only high prices will encourage the eventual switch to a more abundant and more environmentally clean energy sources that is, ultimately, the only medium term solution to this problem of demand dwarfing supply (aside from reducing the world's population and level of economic activity).
The knee-jerk reaction to rising prices that the public has displayed would be detrimental to all of us in the long run if it were enacted, for prices would soon rise again. This is an emotional-subjective response to an issue that needs objective thinking, and our politicians love issues like this that are surrounded by emotion. We can already see some of them competing to pander to the cry for lower prices with the stupid proposal to cut fuel excise.
The modern political system is increasingly being flooded with crowd-emotion and the parasites that feed off this.
hink of it all - of the life that is! Study your friends and foes!
Study the past! And answer this: "Are these times better than those?" The life-long quarrel, the paltry spite, the sting of your poisoned pride! No matter who fell it were better to fight as they did when the world was wide.