Why Aren’t Democrats Upset About Hotels “Price Gouging” For Obama’s Inauguration?
With Obama’s inauguration impending, and with tens of thousands of people planning to travel to Washington DC for it, hotel owners are raising their prices. Which, when the oil industry does it, is something that has Democrats screaming “price gouging” and “windfall profits tax.”
So, whither the outrage liberals?
Hotels in the Washington D.C. area, even ones pretty far out of the city, are charging incredibly high rates for the Obama inauguration. Rooms are going for anywhere in the hundreds of dollars (in the really “cheap” hotels) to the thousands in others.
Now, Nancy Pelosi and her Democratic buddies have a history of arbitrarily deciding that certain profits are “windfall profits” that are just “too high” and therefore need to be taxed more. Not to mention their long-standing war against so-called “price gouging” by gas stations and grocery stores (a war that I’ve rejected as economically ignorant).
So Where are they now? If oil profits are “windfall profits,” why don’t we hear the Democrats whine about the hotels that are hosting their constituents for such high prices? What happened to their opposition to “price gouging?”
Personally, I don’t have a problem with hotel rates in DC going up. I mean, demand for lodging in DC is certainly going to be up those days, so why shouldn’t hotels exercise a little supply and demand?
Liberals clearly don’t have a problem with it either. They’re only concerned about such things when they can make some political hay out of demonizing certain companies.
