As happens every few years, people who want to be elected president are out there promising me that I will receive huge benefits if I just pull the right lever next November.
Consider the current quartet of Republicans squabbling over convention delegates. Newt Gingrich, for example, promises that he will bring the price of gasoline down to $2.50 per gallon. All it will take, according to Mr. G, is increasing production here at home so we don’t have to import oil any more. According to the old law of supply and demand, he says, the increased supply will just naturally bring down the price of gas.