Yesterday on the financial news they indicated that gasoline pump prices came down and were dropping and they gave an example of just some of the savings you might expect at the pumps. In fact they had dropped $ .002 per gallon. Come on, that is not positive news. The consumer would be better off finding out that they just save a bunch of money on their car insurance by switching to Gieko? Now that is good news? I mean Yippie Skippy? Saving 20% of one-cent is not a real savings, who could be happy about that? Impressed? Hardly; that means it will take 3 years to get them to what they were three years ago. That is just not working for the person with an SUV with a five to eight year loan. If that is the best news in the economy this week, we are in big trouble indeed. Let's look at the facts, trucks tonnage is down, airlines are out. Consumers filing for garage sale permits in record numbers and eBay is showing more items listed but less being sold. Are we so certain that the economy is looking good for Christmas spending? Retailers are worried and their stocks are not looking like a good long-term play right now. Gasoline prices coming down you say? Oh really, perhaps you need to come to my town and look at how much we are paying for gas before purporting such hokum. Show me. Think on it. |
