Quote:
Originally Posted by Jeff '79
Has there ever been an economy that you know of that was on a perfect upswing forever?
The American consumer and businesses benefit from the extra purchasing/ saving power afforded by lower fuel prices.
High gas prices can be analogized to a tax on everyone that drives.
For the relatively few workers that it hurts, greater America will benefit from the increased purchasing power
|
Wi th all th ing being equal you would be xorrect. In this case we have several governments around the world dumping oil to specificly damage a major section of the American exonomy.
On top of that many of the other world's economies are slowing and it will drag us down at some.point in the near future.