need an economic term......

  • Thread starter Crescentius Vespasianus
  • Start date



"We are experiencing among our clients an awakening that the United
States is in big trouble," said Erik Nielsen, chief Europe economist
at Goldman Sachs.
 
Crescentius Vespasianus wrote:
>
>>>
>>>> Stupidity.
>>>
>>> Funny Tim, -tom
>>
>> "Cranky" would probably be more accurate. I've seen way too many
>> people doing way too many stupid dangerous things while driving lately.
> ----------
> you too. it's the failure of public school system, parenting, or
> learning how to drive with video games. it's getting down right scary
> out there, I even drive less myself.

If it was just young people, I'd agree. But it's people of all ages
around here. Every day I see at least one person whip across four lanes
to get to an exit, in heavy traffic nearly causing accidents.
 
Crescentius Vespasianus wrote:
>
>>>
>>>> Stupidity.
>>>
>>> Funny Tim, -tom
>>
>> "Cranky" would probably be more accurate. I've seen way too many
>> people doing way too many stupid dangerous things while driving lately.
> ----------
> you too. it's the failure of public school system, parenting, or
> learning how to drive with video games. it's getting down right scary
> out there, I even drive less myself.

If it was just young people, I'd agree. But it's people of all ages
around here. Every day I see at least one person whip across four lanes
to get to an exit, in heavy traffic nearly causing accidents.
 
Ford and GM lost money last quarter. GM lost more money than GM has on
the books!
http://www.nytimes.com/2007/11/08/business/08gas.html?_r=1&oref=slogin
your info...
"If gasoline prices are causing motorists to drive less over all, it
is not evident in the national statistics. Americans have consumed an
average of 9.3 million barrels of gasoline a day so far this year, an
increase of 0.6 percent from last year, according to the Energy
Department.
One reason many consumers have shaken off the gasoline price increase
may be that gasoline expenditures claim less than 4 percent of after-
tax personal income today, compared with more than 6 percent in 1981
when gasoline prices were also high, according to a recent study by
the Federal Reserve Bank of Dallas.
But there are signs that many Americans are feeling the pinch, and
business economists are worried that rising gasoline prices will cut
consumer spending this holiday season."
 
Ford and GM lost money last quarter. GM lost more money than GM has on
the books!
http://www.nytimes.com/2007/11/08/business/08gas.html?_r=1&oref=slogin
your info...
"If gasoline prices are causing motorists to drive less over all, it
is not evident in the national statistics. Americans have consumed an
average of 9.3 million barrels of gasoline a day so far this year, an
increase of 0.6 percent from last year, according to the Energy
Department.
One reason many consumers have shaken off the gasoline price increase
may be that gasoline expenditures claim less than 4 percent of after-
tax personal income today, compared with more than 6 percent in 1981
when gasoline prices were also high, according to a recent study by
the Federal Reserve Bank of Dallas.
But there are signs that many Americans are feeling the pinch, and
business economists are worried that rising gasoline prices will cut
consumer spending this holiday season."
 
[email protected] aka Jobst Brandt wrote:
> John Henderson writes:
>
>>> I've noticed around here, as the price of gas goes up 15 cents a
>>> week, there is corresponding increase in the amount of driving that
>>> I'm seeing. It's not inelastic demand, because as the price goes
>>> up, demand increases. So what is the correct economic term?
>
>> May I propose "nihilism"?
>
> http://news.bbc.co.uk/2/hi/uk_news/england/london/7081809.stm
>
> I wanna drive my car!

Having figurehead royalty is sillier than wanting to drive an 8000 pound
SUV to carry a single person and minimal cargo on a regular basis.

--
Tom Sherman - Holstein-Friesland Bovinia
Tradition is the worst rational for action.
 
[email protected] aka Jobst Brandt wrote:
> John Henderson writes:
>
>>> I've noticed around here, as the price of gas goes up 15 cents a
>>> week, there is corresponding increase in the amount of driving that
>>> I'm seeing. It's not inelastic demand, because as the price goes
>>> up, demand increases. So what is the correct economic term?
>
>> May I propose "nihilism"?
>
> http://news.bbc.co.uk/2/hi/uk_news/england/london/7081809.stm
>
> I wanna drive my car!

Having figurehead royalty is sillier than wanting to drive an 8000 pound
SUV to carry a single person and minimal cargo on a regular basis.

--
Tom Sherman - Holstein-Friesland Bovinia
Tradition is the worst rational for action.
 
On Nov 6, 11:07 pm, Crescentius Vespasianus <[email protected]>
wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?

it is saving the hearth and some money in your pocket. i have figure
you save about $0.20 per mile if you ride your bike
regards,
carlos
www.bikingthings.com
Get Faster, Enjoy Cycling, Get Fit, Live Better.
 
On Nov 6, 11:07 pm, Crescentius Vespasianus <[email protected]>
wrote:
> I've noticed around here, as the price
> of gas goes up 15 cents a week, there is
> corresponding increase in the amount of
> driving that I'm seeing. It's not
> inelastic demand, because as the price
> goes up, demand increases. So what is
> the correct economic term?

it is saving the hearth and some money in your pocket. i have figure
you save about $0.20 per mile if you ride your bike
regards,
carlos
www.bikingthings.com
Get Faster, Enjoy Cycling, Get Fit, Live Better.
 
HAVE YOU SEEN DEPT.?

Woolmort is giving a year's free credit for (XMAS) purchases over
$250?

here's three buying a truck


"It was a good day for Indianapolis 500 winners in NASCAR qualifying.

Sam Hornish Jr. joined Jacques Villeneuve and Juan Pablo Montoya as
former Indy 500 winners to earn a spot in Sunday's Nextel Cup race at
Phoenix International Raceway -- marking the first time in NASCAR
history three former Indy champions will be in the field."

- from the pigs at Yahoo Sports
"
 
HAVE YOU SEEN DEPT.?

Woolmort is giving a year's free credit for (XMAS) purchases over
$250?

here's three buying a truck


"It was a good day for Indianapolis 500 winners in NASCAR qualifying.

Sam Hornish Jr. joined Jacques Villeneuve and Juan Pablo Montoya as
former Indy 500 winners to earn a spot in Sunday's Nextel Cup race at
Phoenix International Raceway -- marking the first time in NASCAR
history three former Indy champions will be in the field."

- from the pigs at Yahoo Sports
"
 
Monthly data from the Commerce Department, due on Wednesday, is
expected to show retail sales rose 0.2 percent in October, according
to the consensus forecast of economists polled by Reuters.

That would represent a slower pace from the 0.6 percent increase in
September, which was bolstered by gasoline sales.
 
"Same store retail sales are showing signs of trouble, with 26 stores
showing negative growth, three of them in double digits.

Despite massive discounting (and, ultimately, profit erosion) Wal-
Mart's sales growth dropped from a growth rate of 5.0 percent to just
0.7 percent. Even JC Penney -- a prime middle markets store -- reported
a negative 1.8 percent!"
 
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