Doug wrote:
>In general people don't know whether or not buying energy on
>the spot market is a good or bad thing, that's normally the kind of
>minutia that you expect the experts to deal with
Dan wrote:
>This line absolutely blew me away....
> As far as I can see, that's just ecconomics 101.
Hahahah! Gentlemen, we have agreement. :-)
Seriously, how many people here even had Economics in High School? I know
that New York State requires a 1/2 year of it, but AFAIK, NYS is fairly
unique in that regard.
My general guess is that most Americans would not do very well on an
Economics 101 test. I wonder if someone has ever tried a national test
on the issue.
After all, this is the nation that in 1996, by a large plurality (if not
majority) thought that Bill Clinton was more likely to cut taxes than Bob
Dole. And IIRC, isn't this also the nation where half of us can't name
the 4 oceans, or place Argentina on a map? (o.k., that's geography, and
not economics, but still.....)
JDG
__________________________________________________________
John D. Giorgis - [EMAIL PROTECTED] - ICQ #3527685
"The point of living in a Republic after all, is that we do not live by
majority rule. We live by laws and a variety of institutions designed
to check each other." -Andrew Sullivan 01/29/01
