Or we could discuss proven, viable solutions to poverty and middle-class wage stagnation instead of acting like the down cycle of a historically up and down industry helps anyone in any meaningful way.
1986 must have been great times for poor Okies.
1986 must have been great times for poor Okies.
Thats the 'Lamar Odom' pcg at the Bunny Ranch. Not tax deductible but can be taken from campaign war chests...
I am insanely jealous of farmers/ranchers. If I could grow my own food, I would certainly be a happier man. And honestly, I would trade the office to work outside 18-20 hours a day in a heart beat as long as I was working for myself, on my property yielding my own product.
And with the folding money I would get from subsidies... think of the hookers and blow.
Sarcasm, man. Geeze. Watching Oprah and shining chrome ain't heroic.
I know a lot of you are economic geniuses, but if you can't see that $1.50/gal gasoline/diesel has a positive effect on the poor, you're blind. Think about a family of 4 struggling to live on $40k/year now having an additional $30/week to buy grocerices/clothes/entertainment, that's huge to that family and there are a lot of these families in Oklahoma.
High energy prices do contribute to inflation, as someone who spends a lot of time dealing with and negotiating freight rates I can tell you that the high cost of diesel has almsot tripled freight rates since 2002.....manufacturers are absorbing that additional freight expense, they are incorporating it in the the cost of goods.
Being in the industry that I'm in, I get a kick out of the oil producers crying about the cost of oil, in late 90's early 00's Oklahoma's oil was $15-$20/bb and when prices broke $25/bb these guys started tripping over their own dicks to get oil out of the ground, and then when it hit $35/bb old timers (70-80 y/o) came out of retirment and suited up to get old wells pumping again. If $35/bb was that great 10-15 years ago, $50-$60/bb should be fantastic for them now. The only trick is trying to get the market to cooperate.....oh wait.....the producers would fawk that up, by slowing production to drive the price up.....
High energy prices do contribute to inflation, as someone who spends a lot of time dealing with and negotiating freight rates I can tell you that the high cost of diesel has almsot tripled freight rates since 2002.....manufacturers are absorbing that additional freight expense, they are incorporating it in the the cost of goods.
Being in the industry that I'm in, I get a kick out of the oil producers crying about the cost of oil, in late 90's early 00's Oklahoma's oil was $15-$20/bb and when prices broke $25/bb these guys started tripping over their own dicks to get oil out of the ground, and then when it hit $35/bb old timers (70-80 y/o) came out of retirment and suited up to get old wells pumping again. If $35/bb was that great 10-15 years ago, $50-$60/bb should be fantastic for them now. The only trick is trying to get the market to cooperate.....oh wait.....the producers would fawk that up, by slowing production to drive the price up.....
Nobody said $2 gas would lift people out of poverty.
No one is proposing that as policy.
What I said was that working poor people are saving a substantial amount of money driving to work or getting their children to daycare.
It might not be much to you but I know people that can afford things now that they couldn't a year ago.
Jeebus
If a poor family has an extra $100 a week from low gas prices it's the same to them as making an extra $100 in wages.
I got my first good-paying manufacturing job in 1986 - right near Tulsa. It was a good time for some, bad for others. That's life.
Is that like "gaydar"?
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