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Old 07-19-2003, 11:30 AM   #16 (permalink)
BBtB
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Location: Tulsa, Ok.
Quote:
Originally posted by alpha phi
A
Gas prices also play a huge role in in our current economy
high gas prices have hurt manufacturing, shipping, travel, and well.....everything.
meanwhile Exxon posts it's highest ever quarterly gain!
Okay, I need to correct a misconception here. Gas prices really aren't that high. The rate of inflation is (about) 6%. At that rate if you think the price per gallon was $.25 in 1960 (Pretty sure it was more then that) then that would be $2.89 by 2003. Of course locally it is only $1.39. I am not aware of any place that has hit $2.89 more then just temporarly. In other words, what would have taken you an hours worth of work to get in 1960 would only take you a half hours worth of work.

As for the economy as a whole. From my stand point there is not a whole lot wrong with the economy. There are still jobs out there. For those who want to work. Are they always the best jobs? No, but I would rather work at McDonalds then take a goverment handout. As for the goverment paying for advanced training, its not a bad idea except that its allready done. Anyone can go to a community college. Were I work,a place that is DESPERATE for employees, you start out at $8.50 an hour and within 2 months most people are making $10.00 and at that point they will start helping pay for college (only like $750 but that goes atleast a little ways towards community college) Its not great but it will get you into college. If you are willing to work it will get you through college.
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