snakyjake

The Economy Can't Be That Bad if Thousands Can Pay $100 for a Ballgame

Just because you're unemployed doesn't mean you are not spending money. I know a few unemployed people who are buying fancy new cars, motorcycles, boats, clothes, dinners, movies, landscaping, home improvements, etc.

Basically they are spending their severance, savings, and unemployment checks. They have lots of spare time to start new projects (landscaping/home improvements/hobbies). And in my state, unemployment pays a lot more than most available jobs.

Chicken and Egg: A Currency Called the Oil/Dollar?

Don't have to go to Russia or China....the U.S. people want something called "windfall profit tax". Which is just another way of taking excessive profits away from corporations. Same with increases in capital gain taxes, and other taxes.

Chicken and Egg: A Currency Called the Oil/Dollar?

If you wanted to lower prices, it isn't just about supply vs. demand. You can easily lower prices by eliminating profit. Sure, profits are good so it encourages future investment....but what if they won't or can't invest in the future?