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Reply #41: Don't TPTB realize that this will put the US economy in the toilet? [View All]

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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 07:56 AM
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41. Don't TPTB realize that this will put the US economy in the toilet?
As if it isn't already.

Yesterday I heard a teacher talking about where will the school district get the money to buy gas to operate the buses. I guess they'll cut somewhere else.

People will travel less, which will make tourism suffer. Which means less tax revenue for areas that rely heavily on tourism.

Because people are spending more for gas and everything else, due to the ripple effect, they'll spend less money on "wants"--which will hurt small businesses, from plant nurseries to pet groomers.

The few at the top of the pyramid will benefit, but what about the other 98%? This is like a farmer who doesn't care if all his chickens die, doesn't think about he won't have any more eggs or fried chicken.
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