Mike Conaway: “One thing that does happen to you, when you raise the prices of your…”

On the recordJanuary 16, 2007

One thing that does happen to you, when you raise the prices of your goods, your competitor across the street, who may not be in the same financial circumstances, keeps his or her price the same. Wouldn't it be interesting if we had some alternative to government, where the folks said, which one of you folks can do the government the best and raising prices in that arena would be much more difficult than we have today, where all it takes is 218 of us on this side and 51 on the other side to make that happen as opposed to hard work and sweat and labor that is usually required for folks to make money in the private sector.

Said by

Mike Conaway

Texas

Source

govinfo.gov

Editor's note · Context

Discussing the impact of government price increases on competition.

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Mike Conaway: “One thing that does happen to you, when you raise the prices of your goods, your competitor across the street, who may…”

Editor's note · Context