Originally Posted By DouglasDubh <Spending drives the economy and creates growth. When spending goes down, so does the economy.> Thanks Tom, you just made a great argument for why we should make the tax cuts permanent.
Originally Posted By TomSawyer You do realize that taxes are used to buy services and goods from private industry, don't you? That's why the economy boomed in the 1980s - massive government spending in private industry as part of Reagan's military buildup. That money doesn't go into a black hole and disappear - it creates jobs and sales.
Originally Posted By Beaumandy Anyone notice the gas prices coming way down? But, but, but, the oil companies are evil! It's all about supply and demand.
Originally Posted By Bruiser "Anyone notice the gas prices coming way down? But, but, but, the oil companies are evil! It's all about supply and demand" They got put on notice. It's a prime example of them manipulating the market, no question about it.
Originally Posted By Jim in Merced CA You don't ever hear about gas prices dropping either on the news. Only when it's rising. 'What next?' the news media cry '$5.00 per gallon?? -- What'll we DO?'
Originally Posted By cmpaley ^^ Exactly. Gas prices ALWAYS come down once the threat of investigation is made.
Originally Posted By Bruiser And how about that crook, Ted Stevens? He didn't allow the oil execs to be put under oath. He might as well have pled guilty to being in their back pockets right then and there. That entire "hearing" was a sham and a fiasco. Loser.
Originally Posted By Bruiser Jim, many of us can understand what you're saying about oilprices. Thing is, their product is much more vital, than even milk for instance. What upsets everyone is when they take advantage of being unchecked and jack up prices. For example, how in the world can a hurrican hit in New Orleans and the price of gas rising 40 cents in one week in L.A. have any logical correlation at all? If the oil companies are getting charged high crude prices by OPEC, how is it, when the consumer price rises, they show RECORD profits, instead of less profit or even a loss?
Originally Posted By DouglasDubh <That's why the economy boomed in the 1980s - massive government spending in private industry as part of Reagan's military buildup.> The military spending helped, but it wasn't the major factor. <That money doesn't go into a black hole and disappear - it creates jobs and sales.> Which is why I support gas taxes and highway spending.
