Kurt Ullman wrote in
:
In article ,
"Charlie" wrote:
Consider China. Their economy is doing very well because American
manufacturing is going down the tubes.
Actually we make just as many things as we ever have, and even
for
inflation it has increased steadily. What has happened is a very
large average increase in productivity over the last 20 years. We
have lost considerably more jobs to robots then Chinese especially
the higher paying ones.
Here's the problem. Every time there is a tanker of oil is on the
market we are bidding against our own money that now is in the
hands of the Chinese.
So if you think that the president has any control of oil prices
put down your copy of Playboy and start reading the business
section of your newspaper.
Of course the President has some control. To the extent that
the
adminsitration's rules and regulations put obstacles in the path
of developing our own resources it impacts greatly. The dumbest
thing a president can say (and this has been said by people of
both parties) is that there is nothing they can do immediately.
While that is true, if someone had decided at the time of the last
big surge to do something about it, THIS surge might not have been
as large.
The president has control over gas prices? See the experts at FOX
disagree with you:
http://www.youtube.com/watch?v=UzEnKdBAb_o
You can't have it both ways.