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How does gas at $4 and higher impact you?

2183 messages, Last post on Nov 21, 2009 at 5:13 PM
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Replying to: jipster (Nov 18, 2008 5:07 pm) As far as the topic at hand goes, I am seeing that people seem to be in a better mood lately - less complaining about gas prices and a lot more of "I can't believe it dropped so much so fast!" They are more incredulous than thankful at this point I think. A few cynics are saying, "now that the oil man is leaving the White House prices are dropping...............HHHMMMMMMMMMMMMM"
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Replying to: larsb (Nov 19, 2008 6:09 am) "Cynics" may not be the right word. |
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Replying to: duke23 (Nov 18, 2008 7:57 pm) Heck, back in 1992 I didn't even know we were in a recession! I was still in college, though, and a bit insulated from the "real world", I guess. If anything, I remember the summer of 1992 being really carefree. As for stagflation, I've heard that 1966-1982 was one of the worst periods the United States has ever had. If you took a lump sum and invested it in 1966, after all the ups and downs, in 1982 you'd be no better off. Or if you retired in 1966 and had a nest egg you needed to live off of, taking money out instead of adding to it, you would have a rough go of it. I guess if you were still regularly investing, say, monthly, throughout that time, letting dollar-cost averaging do its thing, you would've come out ahead. |
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Replying to: kernick (Nov 19, 2008 6:37 am) I actually heard someone say something like that. "As if" is the right response to that, for sure.
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Replying to: larsb (Nov 19, 2008 7:44 am) I also heard that Bush invented global warming so hurricane Katrina would wipe out all the democrats in New Orleans. He and Chaney blew up the levees to drown all the black folks too. They were all full of themselves after driving around Ohio on election night stealing all the voting machines. Please give the Bush bashing a rest. He made enough real mistakes to take a beating for years, he hardly needs the made-up paranoid stuff. |
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Replying to: larsb (Nov 19, 2008 7:44 am) I reckon you got to believe them then - whoever and whatever they said; and what you might have heard and ciphered, from that. Now you understand why we don't believe you're interpreting the entire GW issue correctly.
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Replying to: nippononly (Nov 18, 2008 6:38 pm) But on a side note, remember when some were suggesting raising fuel prices by increasing taxes on fuel? Now do you see how bad that would have been? Unlike what we just went through it would have been much harder to lower fuel prices once they have been taxed. The government doesn't give back anything they got out of your wallet.
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Replying to: boaz47 (Nov 19, 2008 3:02 pm) Oh absolutely not, no. In fact with the price of gas down more than $2 in 4 months, now is the perfect time to slide a $0.50/gallon tax in there to discourage future consumption just a little. Heck, the price even in California would still be well under $3/gallon. They they could raise it $0.10-0.20 per year for the next five.
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Replying to: nippononly (Nov 19, 2008 7:00 pm) In fact what you are suggesting is part of the problem with our economy as it is. High fuel prices hurt businesses because people stopped driving to them. Young people got laid off because the businesses didn't need them and you would suggest we aren't paying enough for fuel? Why not just suggest higher taxes to pay for more welfair.? People could stay home and collect a check and not have to drive anywhere. But I will give you this, you aren't concerned with being popular.
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Ok just saw it last night here in the far SW suburbs of Chicago $1.999/gallon regular. Although most places have it a few pennies above $2/gallon there are a few where it has dropped below $2. Now where is that steak dinner? I know the greatest little steak house. |
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