To: kittymyrib
People often do not understand the impact of economics on social systems, or vice versa. As we Americans continue to devalue the dollar by spending on Medicaid, Medicare, education bureaucracy, SS, etc with no tangible returns on that money it takes more dollars to buy any given commodity. Oil included. But with less demand from the worlds buggiest customer countries that sell oil sell less bringing in less money to keep their own “citizens” complacent. It's going to get worse before it gets better folks.
9 posted on
02/22/2011 6:52:30 AM PST by
dblshot
(Insanity - electing the same people over and over and expecting different results.)
To: dblshot
Good post, though your last sentence is a bit confusing. LOL.
It's high time people in this country started educating themselves and learned about the direct correlation between those public-sector employees protesting in Wisconsin and the rising price of gasoline at the pump. This is a problem with underlying economic fundamentals, folks.
And anyone who thinks we just need to "drill now" to solve the problem should just consider this: If the U.S. opened more areas for domestic drilling, there's a good chance we'll end up 15-20 years from now with more domestic production and higher oil prices -- with much of our domestically-produced oil exported to foreign countries.
14 posted on
02/22/2011 7:10:09 AM PST by
Alberta's Child
("If you touch my junk, I'm gonna have you arrested.")
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