Thanks obama.......
Raise ten-year yields to about 4%, and prop the dollar up more. That’ll fix everything. LOL!
Ponder this:
Starbucks coffee charges 10 cents per ounce.
Gasoline costs about 30 cents per ounce.
To deliver coffee to consumers involves picking beans, shipping, grinding them and boiling water.
To deliver gas to your car involves finding oil deposits, getting permits, purchasing drilling rights & expensive heavy equipment. Hiring experienced oil workers. Shipping oil to refineries by truck, rail, pipeline or ocean hazards. Same hazardous shipping to gas stations. Fill ‘er up.
Which business would you prefer?