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 | U.S. | 287.6 | ||||
| East Coast | 294.2 | East Coast | 288.8 | ||||
| New England | 292.3 | New England | 296.1 | ||||
| Central Atlantic | 297.1 | Central Atlantic | 297.8 | ||||
| Lower Atlantic | 292.6 | Lower Atlantic | 284.3 | ||||
| Midwest | 287.0 | Midwest | 284.7 | ||||
| Gulf Coast | 288.1 | Gulf Coast | 281.7 | ||||
| Rocky Mountain | 271.0 | Rocky Mountain | 290.3 | ||||
| West Coast | 300.9 | West Coast | 302.6 | ||||
| California | 306.8 | California | 310.3 | ||||


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