Saturday, April 29, 2006

Economic Growth 2006 Version

According to leading experts , the American economy is in a growth pattern. Gross domestic product advanced at a 4.8% rate for the first quarter of the year. GDP measures the value of all goods and services produced within the United States and is considered the best barometer of the economy's fitness. GW has this to say about this great trend. "This rapid growth is another sign that our economy is on the fast track," said President George W. Bush.
Aaaah yes, the fast track to a better economy where we all have more money to spend. On Gas.............. Are these experts paid for by the oil companies or the politicians? Who the hell thinks a 4.8% growth in the GDP actually indicates economic growth ? The only thing growing right now folks are the profit dollars that the big oil companies are making.Think about it.Our domestic cost for fuel is up over 22% verses last year. Increase affects ALL aspects of the spending economy. Everything from heating , to transportation, to trucking , distribution of all consumable goods. Everything. How much of the 4.8% growth that is being toted as the fastrack to recovery was due to the increase of fuel prices? Gee... maybe I need a degree in political economics so that I dont notice these obviously overlooked reality factors. If we dont do something about these fuel costs in the very near future, I guarantee that the economy will continue to freefall. They can only boost it up w/ these juggled figures for so long. Eventually, it will crash the rest of the way. The only people benefiting from this economic growth right now are Oil companies { see above and below charts} , and politicians. {see past blogs} .

Hawk :}
© Copyright TheHawksPlatform 2006 All rights reserved.

--------------Gasoline-------------------------Diesel Fuel----------
---cents/gallon------change from--cents/gallon-------change from-
-------------price..last week..last yr-----------------price------last week--last year.
Gasoline prices
Diesel Fuel Prices
cents per Gal
Change from
cents per Gal
Change from

Price
last week
last year

Price
last week last year
U.S. 291.4 values are up13.1 values are up67.8 U.S. 287.6 values are up11.1 values are up58.7
East Coast 294.2 values are up14.1 values are up73.9 East Coast 288.8 values are up10.0 values are up60.1
New England 292.3 values are up16.7 values are up71.1 New England 296.1 values are up9.6 values are up54.8
Central Atlantic 297.1 values are up16.7 values are up76.2 Central Atlantic 297.8 values are up10.2 values are up59.6
Lower Atlantic 292.6 values are up11.3 values are up72.9 Lower Atlantic 284.3 values are up10.0 values are up60.9
Midwest 287.0 values are up11.5 values are up70.5 Midwest 284.7 values are up11.2 values are up61.7
Gulf Coast 288.1 values are up9.8 values are up74.0 Gulf Coast 281.7 values are up9.2 values are up58.6
Rocky Mountain 271.0 values are up14.5 values are up45.8 Rocky Mountain 290.3 values are up14.7 values are up53.2
West Coast 300.9 values are up16.6 values are up49.1 West Coast 302.6 values are up14.5 values are up47.7
California 306.8 values are up17.2 values are up50.3 California 310.3 values are up17.0 values are up53.3

1 Comments:

Anonymous Anonymous said...

good stuff hawk.i didnt know gas went up this mutch since last year

4/30/2006 7:47 PM  

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