A lower-middle-class American ponders the things others might do with his money.
Monday, September 26, 2011
Reason #31: Gas Pains
Okay, bear with me here: Washington is hopelessly gridlocked, and can't pass a jobs program, so the economy is doing badly. Which means people are traveling less and shipping fewer goods, which means that there's less demand for oil.
So the price of oil goes down. Which means that people are spending less money on the gas they do buy, which means they have more money to spend at the mall.
More spending at the mall means the economy starts doing better.
Which means the price of oil goes back up.
Economics, ladies and gentlemen.
Labels:
consumer spending,
government,
oil,
taxes
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