Wednesday, January 7, 2009

What goes up...

What goes up...

Stays Up! When gas prices rose to almost $4 a gallon across the country it affected prices of everything else. Anything that had to be transported from one place to another had a raise in its price. That means that EVERYTHING - EVERYTHING - went up. And then what happened? What goes up must come down right? Not so much. The price of gas went up - and it came down. But, the prices of everything else went up - and stayed up. Now the only thing going down is our stocks and our employment rate.

Here's my problem - if gas prices were the scape goat of inflation then why hasn't inflation seceded yet? Gas prices have gone down and shouldn't other prices follow suit?

Not only that - but there is more unemployment now than before the gas prices, and retail prices, rose. You would think the people who manufacture these items would be happy to lower their prices again seeing as there's a recession, and they now have 15% less staff to pay for. So now, not only are companies firing people (laying them off - to be pc) but they're also raking more profit off the top by continuing to price their merchandise at an inflated rate.

Only one word for this - uncool!

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