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Old 02-27-2006, 04:46 PM   #1 (permalink)
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The Economy Is Ready To ROAR Back!
For all you nay-sayers who like to post one questionable source, then claim that the American economy is falling off the cliff, you might want to read this article.

http://www.breitbart.com/news/2006/0....9bzctfvz.html

Now I know, I know... The world is going to hell in a handbasket, and it's all George Bush's fault. But you might want to read the article anyway.
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Old 02-27-2006, 04:50 PM   #2 (permalink)
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Looks like gas prices are decling as well
Old 02-27-2006, 04:54 PM   #3 (permalink)
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Quote:
Originally Posted by ridinhighspeeds
Looks like gas prices are decling as well
Mehhh... We've now been trained to think that anything under $2.00 per gallon is CHEAP CHEAP CHEAP!
Old 02-27-2006, 05:00 PM   #4 (permalink)
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Originally Posted by Jefferson
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Originally Posted by ridinhighspeeds
Looks like gas prices are decling as well
Mehhh... We've now been trained to think that anything under $2.00 per gallon is CHEAP CHEAP CHEAP!
Technically aren't gasoline prices today relatively cheap when compared to the price index of other goods over the many years?
Old 02-27-2006, 05:02 PM   #5 (permalink)
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Re: The Economy Is Ready To ROAR Back!
Quote:
Originally Posted by Jefferson
For all you nay-sayers who like to post one questionable source...
As opposed to the "nay-sayers" who blindly question the source, based solely on a dislike of "partisan", and completely ignore the content...

Facts and figures don't lie, but we can sure as hell ignore them if they are repeated by somebody we can claim as "partisan", eh Jefferson?

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Originally Posted by Jefferson
... you might want to read this article.

http://www.breitbart.com/news/2006/0....9bzctfvz.html
Interesting.
Economic predictions.
Hopefully, for the country's sake, they come true.


Quote:
Originally Posted by Jefferson
Now I know, I know... The world is going to hell in a handbasket, and it's all George Bush's fault. But you might want to read the article anyway.
I thought it was a pretty well accepted economic reality that the president himself doesn't really have any control over the economy.
With that being said, the public certainly seems to have some sort of belief as to the correlation.

And to that end, if a presidential administration misrepresents the data of our economy, THAT would be an issue...
Old 02-27-2006, 05:03 PM   #6 (permalink)
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Quote:
Originally Posted by ridinhighspeeds
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Originally Posted by Jefferson
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Originally Posted by ridinhighspeeds
Looks like gas prices are decling as well
Mehhh... We've now been trained to think that anything under $2.00 per gallon is CHEAP CHEAP CHEAP!
Technically aren't gasoline prices today relatively cheap when compared to the price index of other goods over the many years?
Yeah, they are. And American gas prices are actually very low, compared to the price of gas in other developed countries.

I personally doubt we'll ever see gas under $2 per gallon again. That's one reason I'm buying E85 at $1.78 per gallon.
Old 02-27-2006, 05:06 PM   #7 (permalink)
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Quote:
Originally Posted by ridinhighspeeds
Technically aren't gasoline prices today relatively cheap when compared to the price index of other goods over the many years?
Short answer, yes.

Outside a 7-Eleven in West Seattle the other day, gasoline cost $2.60 to $2.85 a gallon, depending on grade. Inside the store, milk cost $2.50 to $2.99 a gallon, also depending on grade.

Consumers probably grump over the price while pumping gas but don't think twice as they buy milk. That's because few people realize that over 20 years, prices of these two commonly purchased liquids have climbed by nearly identical amounts. And grocery prices overall have risen even more than gas prices, according to the federal keepers of price data.
http://seattletimes.nwsource.com/htm...gasmilk14.html


I had a college professor in economics profess that he thought America should significantly RAISE our gas prices to help stimulate a need for alternative fuel sources, and to help reduce the amount of consumer use.
Old 02-27-2006, 05:09 PM   #8 (permalink)
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Quote:
Originally Posted by foundit66
I had a college professor in economics profess that he thought America should significantly RAISE our gas prices to help stimulate a need for alternative fuel sources, and to help reduce the amount of consumer use.
This is NO LIE! My Macroeconomics professor said this last Friday in class! I swear!

I was looking online for more information about E85..with an octane rating of 105, that would be great for mild street/race engines! If I build up my motor for high compressions, i'm sure my car would like the high octane rating!
Old 02-27-2006, 05:15 PM   #9 (permalink)
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Quote:
Originally Posted by ridinhighspeeds
Quote:
Originally Posted by foundit66
I had a college professor in economics profess that he thought America should significantly RAISE our gas prices to help stimulate a need for alternative fuel sources, and to help reduce the amount of consumer use.
This is NO LIE! My Macroeconomics professor said this last Friday in class! I swear!

Sweden has been doing this for decades.
--- help me Instant Runoff Voting, you're my only hope ---

There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence.
Old 02-27-2006, 05:16 PM   #10 (permalink)
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Quote:
Originally Posted by ridinhighspeeds
Quote:
Originally Posted by foundit66
I had a college professor in economics profess that he thought America should significantly RAISE our gas prices to help stimulate a need for alternative fuel sources, and to help reduce the amount of consumer use.
This is NO LIE! My Macroeconomics professor said this last Friday in class! I swear!
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