The Economic Fallacy of the Oil Companies

President Carter's own policy admits that we need the oil company. The more they get, the more credit to them because that means the country needs it and pays them. They produce something needed by the people and we must say thank you instead of putting or proposing to put a tax on them in order to give the money to the government who does nothing. This is economic fallacy to begin with, nobody in a free society can become a monopolist.

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