Fayette defies law of supply and demand

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Fayette defies law of supply and demand

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Views 185 | Comments 0

The Fayette County County Commission raises the dog and cat adoption fee from $30 to $120. Cats $20 to $60. To fund a $130,000 gravity sewer line on the backs of homeless cats and dogs.

Even Common Core Economics teaches, when supply exceeds demand, you lower prices; transactions (adoptions) and revenues increase.

The other law of economics requires decreasing the supply to hold the higher price ($120 fee). The higher price rarely generates the anticipated revenues. The supply will be decreased by euthanizing the oversupply of dogs and cats.

Defying the laws of economics has been tried many times with the same outcome. Einstein defines “insanity,“ as “doing the same thing over and over again, expecting a different outcome.”

Michael Velsmid
Peachtree City, Ga.

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