To: BoBToMatoE
this is also true when it comes to elections.. and if not kept in check, the gas prices will torpeedoe[sic] the economy. That is a fact.
Care to substantiate that remark with some data or research? The price of gasoline has nearly tripled. The price of a barrel of oil has also risen substantially. What respected economic organization has announced a recession, or even a slow-down? Take your doom & gloom back to the RAT web site.
65 posted on
04/26/2006 4:17:33 PM PDT by
sefarkas
(Why vote Democrat Lite?)
To: sefarkas
6 years?
That would mean the market started FALLING BEFORE W took office!!!!, and that it was actually in decline during the Sink Emperor's.
66 posted on
04/26/2006 4:22:09 PM PDT by
CT
To: sefarkas
Take your doom & gloom back to the RAT web site.
---
I dont have my head stuck in the sand. Whom ever mentioned that gas prices are the canary of the economy is speaking the truth.
I am talking from my family's perspective and those around me. Their excess cash is being blown on fuel. That translates into lower income.
If you were to look at the last time gas prices got this way - during Katrina - you would note that growth was way down... and it wasnt until gas prices dropped a full dollar and twenty cents plus that growth started to happen again.
The fact that gas has tripled should raise a red flag. It doesnt take and academic genuis to tell you somthing very bad will happen to the economy as a result.
People will blame it on the GOP and it will be their fault for not pinning the dems ears back on ANWR and other drilling and refining options (like the thirty some odd gas mixtures) or doing somthing about it themselves.
if we can tackle this problem and come up with a solution, then we will win the election. other wise we are in serious trouble.
To: sefarkas
...Care to substantiate that remark with some data or research? The price of gasoline has nearly tripled. The price of a barrel of oil has also risen substantially. What respected economic organization has announced a recession, or even a slow-down? Take your doom & gloom back to the RAT web site.
I wonder what the price of gas is in 1972 dollars? I'd venture the price oil in 2006 dollars is less than the price of gas in 1972---accounting for inflation, e.g. the Carter years.
87 posted on
04/26/2006 8:17:27 PM PDT by
PrinceOfCups
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