by jam 15 Replies latest jw friends
The goverment mandate A freeze on oil prices and
roll the price back to $2. A gallon for two years.
How would it help the economy. It would mean
instant raise for every worker . It would mean
people would travel and spend more dollars.
A stimulus package for everyone, and no money
from the goverment.
OK, don,t know much about the working of economics,
but it,s A thought.
You could as easily say a rollback on food, health care etc. Those who profit would not let this happen.
Hi, jam. You said,
OK, don,t know much about the working of economics,
Economics is a 'soft' science. It's pretty much all theory and speculation. Even trained economists can't agree on what will happen with the economy given a certain circumstance.
IOW,,, it's all smoke and mirrors, so don't feel bad about not knowing how it works. :)
Our current Prime Minister is an economist, and since his reign began, things have only gotten worse. Except for corporations, of course.
tal
Berengaria; I guess you are right, those powerful
corporation.
Thanks Talesin. Don,t feel like such A dummy, I,am
in good company, "The Prime Minister", WoW.
That's the whole purpose, jam. The dumber they make us feel, the more we argue amongst ourselves, the better things are for the elite.
It's the old 'divide and conquer' ploy.
:)
t
Oil is a commodity on the market. If anyone 'controls' it it is OPEC. The cabal of oil producing nations who adjust production to keep prices at their optimum. With a sinking economy world wide oil demand is forseen as going down. Therefore, prices will go down. There is nothing 'evil' about this.
The US Govt. should "Roll back" the prices on the retail price of an international commodity? A commodity that is taxed by every fed, state, county and city bureaucracy that it is sold in? Gasoline is already about $2.00 gal. The rest is taxes.
Americans still get cheaper gas than most of the rest of the world. Hell it's cheaper than milk.
Glander; interesting, this what I lke about this site,
whatever your thought or question someone will
give A logical answer.
edited to say.
Believe nothing that you hear, and only half of what you see.
OPEC is so 'last week'. The west doesn't need their oil anymore. Just because something is said with conviction, doesn't mean it's correct.
tal
Gasoline is already about $2.00 gal. The rest is taxes.
I understand your sentiment, but the numbers are exaggerated. State gas taxes (including sales tax, where applicable) range from a low of 8.0 cents cents/gallon in Alaska to a high of 47.7 cents/gallon in California. With the 18.4 cent/gallon federal tax, the total is 28.4 cents to 66.1 cents. So the present price of gas itself is around $3/gallon (more or less, depending where you live) rather than $2, with the rest being taxes.
