Crude oil price drops below $106
1|
Oil prices have dipped below $106 as traders predicted that rising US unemployment would lead to consumers cutting back on petrol use.
Add your comments
Or
Oil prices have dipped below $106 as traders predicted that rising US unemployment would lead to consumers cutting back on petrol use.
The last 6 months of an 8 year president is when you’ll begin to see the effects of their initial budgets taking effect on the country.
I’ve taken multiple Economy classes in college and have had many professors state that it can take between 6 and 8 years to see the effects of a budget from 1 year to take hold in a country the size of the U.S.
Clinton rode in on the Reagan/Bush Sr. created boom and got ALL the praise for it. This country runs on CREDIT and -ALWAYS- has. You cannot have a balanced budget in our economy.
There’s absolutely NO way that Obama’s first budget will have an immediate impact on the economy because it takes time to trickle down all the waterways. I will most likely completely lose it if the economy jumps back to life during his first year (if he survives) and that man gets credit for it.
I completely and whole-heartedly expect to see a full recovery of the economy as a direct result of G.W. Bush budgets.
Another Democrat will just ride the glory waves again, screw it up, and leave the mess to be cleaned up by the Republicans AGAIN.