Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83; site utcsrgv.UUCP Path: utzoo!utcsrgv!peterr From: peterr@utcsrgv.UUCP (Peter Rowley) Newsgroups: can.politics Subject: Re: Re: gas prices Message-ID: <3724@utcsrgv.UUCP> Date: Tue, 3-Apr-84 13:26:23 EST Article-I.D.: utcsrgv.3724 Posted: Tue Apr 3 13:26:23 1984 Date-Received: Tue, 3-Apr-84 14:29:29 EST Organization: CSRG, University of Toronto Lines: 14 True, Dave, that's more than inflation. Inflation was pretty high during some of those years (>10%), but I think the inflated price of 23.5 cents in '79 works out to less than 35 cents now. If I remember correctly, though, the debate over the budget was not so much the amount of the increase, but how long it would take to phase in. Stretching out the rise to closer-to-world prices to diminish its inflationary effect seems like a good, prudent, course and may well have saved some jobs. This is a good example of Liberal pragmatism as opposed to Tory ideologism (we'll raise the prices to what they SHOULD be, by gosh-- it'll be GOOD for them). p. rowley, U. Toronto (how long can we continue to use the same first-sentence structure?)