Sunday, August 3, 2008

Good news, isolationists!

Higher oil prices =
Higher transportation costs =
Less foreign competition!

Which means you'll pay more for damn near everything, but isn't that what you wanted? Higher prices, less efficiency, and all the other "benefits" of decreased international trade. And, hey, we didn't even have to increase tariffs to get it! Who says markets don't work?

Maybe you should go vandalize a Starbucks to celebrate this good news.


  1. The Wall Street Journal did this story a month ago.

  2. Your formula misses the devalued dollar, which has a counter-balancing effect.