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American idiots
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2018-06-04 at 5:50 PM UTCmake fuel (transportation) prices $0 and watch how the economy grows. (regardless of the fossil-fuels company stock prices)
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2018-06-04 at 5:51 PM UTCHere in Texas for example when the bottom fell out of the oil market all kinds of industries were hit negatively as well of course as job losses.
A friend of mine for example has a metal fabrication business and a lot of his business was from the oil industry...pipes, valves etc etc...when the oil industry gets hit hard, all the ancillary companies/businesses etc get hit hard too...and it follows the businesses to those ancillary companies also suffer...shit rolls downhill etc.
Lots of businesses suffer or fold when the price of gas (maybe I should have said oil) falls.
As another example...public transport usage goes up when gas prices climb. -
2018-06-04 at 5:57 PM UTC
Originally posted by Jiggaboo_Johnson Here in Texas for example when the bottom fell out of the oil market all kinds of industries were hit negatively as well of course as job losses.
A friend of mine for example has a metal fabrication business and a lot of his business was from the oil industry…pipes, valves etc etc…when the oil industry gets hit hard, all the ancillary companies/businesses etc get hit hard too…and it follows the businesses to those ancillary companies also suffer…shit rolls downhill etc.
Lots of businesses suffer or fold when the price of gas (maybe I should have said oil) falls.
As another example…public transport usage goes up when gas prices climb.
your point is the same one shilled by the oil-companies.
youre describing a single, small, portion of the overall aggregate economy. yes, directly-related businesses would be adversely affected but they are a minuscule portion of the economy as a whole and their loss is an exponential gain everywhere else. -
2018-06-04 at 5:59 PM UTC
Originally posted by infinityshock your point is the same one shilled by the oil-companies.
youre describing a single, small, portion of the overall aggregate economy. yes, directly-related businesses would be adversely affected but they are a minuscule portion of the economy as a whole and their loss is an exponential gain everywhere else.
China thanks the US consumers for spending the money they save on gas on their tat. -
2018-06-04 at 6:02 PM UTC
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2018-06-04 at 6:09 PM UTC
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2018-06-04 at 7:56 PM UTC
Originally posted by infinityshock that makes no sense
Meaning any extra money in the pockets of the masses saved from low gas prices is spent not on American products but shit from China..helping their economy.
Again higher gas prices (re: oil prices) is indicative of a healthy economy when added to the many other economic factors I listed. -
2018-06-04 at 8:11 PM UTC
Originally posted by Jiggaboo_Johnson Meaning any extra money in the pockets of the masses saved from low gas prices is spent not on American products but shit from China..helping their economy.
Again higher gas prices (re: oil prices) is indicative of a healthy economy when added to the many other economic factors I listed.
that means the gas prices during the early 70s were indicative of a healthy economy.
makes sense. -
2018-06-04 at 8:14 PM UTC
Originally posted by infinityshock that means the gas prices during the early 70s were indicative of a healthy economy.
makes sense.
You're missing this bit..
"when added to the many other economic factors I listed."
(and an actual crisis verses slightly higher prices isn't quite the same situation.lolol) -
2018-06-04 at 8:18 PM UTC
Originally posted by Jiggaboo_Johnson You're missing this bit..
"when added to the many other economic factors I listed."
(and an actual crisis verses slightly higher prices isn't quite the same situation.lolol)
your 'other factors' are directly related to the price of oil/the oil industry making them irrelevant to my point as well as their relevance in the overall economy.
the fact is fossil fuels used in transportation are an expense, the cost of which is not of benefit to anyone but a small, limited industry -
2018-06-04 at 8:19 PM UTC
Originally posted by infinityshock your 'other factors' are directly related to the price of oil/the oil industry making them irrelevant to my point as well as their relevance in the overall economy.
the fact is fossil fuels used in transportation are an expense, the cost of which is not of benefit to anyone but a small, limited industry
Um well the point was the US economy right now it doing great...if you think otherwise you're clueless. -
2018-06-04 at 8:27 PM UTC
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2018-06-04 at 8:47 PM UTCYep. A recession will come next year.
They got it planned.
Gotta give the big boys time to unwine. -
2018-06-04 at 8:56 PM UTCnigger