Wednesday, December 03, 2008

OSU sophists

Dear Editor:

Douglas Southgate's Forum article, "$2 gasoline tax would drive down world oil price" (Dispatch, December 2, 2008), has to be the most inane article I have ever read.

To agree with Southgate is to accept this sophism: I will be better off paying government an additional $2 per gallon at the gas pump so that international oil prices will come down even further. Does that even make sense?

I must pay $2 more so than oil prices are lower. Now, how do I gain?

This raises two questions: Which classes in the fundamentals of economics did Southgate miss on his way to becoming an OSU professor? And, why do my tax dollars pay his salary?

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