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Nzoner's Game Room>Gasoline over $4 coming to a pump near you because this thread is ass
Donger 08:40 AM 04-23-2007
http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

[Reply]
lewdog 07:58 PM 09-01-2015
Originally Posted by BigChiefFan:
I understand that, but be for real. Do you really think people saving a $500 a year even comes close to a person losing a $50,000 a year job. Seriously, man.
All the families in America saving an average of $500 a year is more money than all of the salaries of people losing their jobs by a mile. Not sure how you can't comprehend that?
[Reply]
BigChiefFan 08:02 PM 09-01-2015
Originally Posted by lewdog:
All the families in America saving an average of $500 a year is more money than all of the salaries of people losing their jobs by a mile. Not sure how you can't comprehend that?
I do comprehend it, I just don't believe it to be true. $500 a year means they bought a few more groceries or fast food items in most cases or possibly saved some. That doesn't stimulate the economy on a large scale, like 250,000 good middle class employed people would.
[Reply]
aturnis 08:03 PM 09-01-2015
Originally Posted by BigChiefFan:
I understand that, but be for real. Do you really think people saving a $500 a year even comes close to a person losing a $50,000 a year job. Seriously, man.
You're lost...
[Reply]
aturnis 08:06 PM 09-01-2015
Originally Posted by lewdog:
All the families in America saving an average of $500 a year is more money than all of the salaries of people losing their jobs by a mile. Not sure how you can't comprehend that?
This
[Reply]
BigChiefFan 08:08 PM 09-01-2015
One is a short term savings, the other is long term effect on the economy. Btw, taking all 400 million Americans saving $500 is roughly $2 billion the 250,00 people at $50,000 equals roughly $1.2 billion. Gainfully employed long term is a big picture ideal versus short term savings. Make sense?
[Reply]
lewdog 08:09 PM 09-01-2015
Originally Posted by BigChiefFan:
One is a short term savings, the other is long term effect on the economy. Btw, taking all 400 million Americans saving $500 is roughly $2 billion the 250,00 people at $50,000 equals roughly $1.2 billion. Gainfully employed long term is a big picture ideal versus short term savings. Make sense?
So in all honesty, it's like a wash?
[Reply]
BigChiefFan 08:09 PM 09-01-2015
Originally Posted by aturnis:
You're lost...
Great retort. You showed me.
[Reply]
BigChiefFan 08:10 PM 09-01-2015
Originally Posted by aturnis:
You're lost...
Originally Posted by lewdog:
So in all honesty, it's like a wash?
If you look at short term only.
[Reply]
lewdog 08:11 PM 09-01-2015
Originally Posted by BigChiefFan:
If you look at short term only.
Not really if gas prices continue to stay low for years....again, it's like a wash.

You work in an industry that requires little to no education and is based on supply and demand. That's not my problem. They aren't just going to hand out jobs for nothing.
[Reply]
BigChiefFan 08:12 PM 09-01-2015
And when those prices go up, there won't be that savings and yet a good portion of those people will be without a job or taking a lower paying job. I'm just saying look at the big picture, it's far from being lost in the argument.
[Reply]
lewdog 08:13 PM 09-01-2015
Originally Posted by BigChiefFan:
And when those prices go up, there won't be that savings and yet a good portion of those people will be without a job or taking a lower paying job. I'm just saying look at the big picture, it's far from being lost in the argument.
You're the only one arguing that side so really, it is a lost argument.
[Reply]
BigChiefFan 08:14 PM 09-01-2015
Originally Posted by lewdog:
You're the only one arguing that side so really, it is a lost argument.
And yet, I've brought relative points to the discussion and shown how it effects more then an extra $20 in your pocket.
[Reply]
lewdog 08:15 PM 09-01-2015
Sorry but largely unskilled labor does not guarantee you a job in this country. You find another rather unskilled job in the meantime.
[Reply]
notorious 08:19 PM 09-01-2015
Cheap gas is saving me around 500-800/month.

I am just a small business running 2 suburbans, 2 trailers, and a van.

Imagine what this is doing for big business and trucking/shipping........
[Reply]
BigChiefFan 08:21 PM 09-01-2015
Originally Posted by lewdog:
Sorry but largely unskilled labor does not guarantee you a job in this country. You find another rather unskilled job in the meantime.
Lol. You have no clue how much I make or my education. The fact is, gainfully employed people spend more than unemployed people. That's not even debateable and yet many continue with that falsehood.
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