The Economy

Have all of you noticed that some gas prices have finally made it below $2 a gallon? It seems crazy that just a few short months ago, they were in the mid $4 range. Personally I like this new change as well as many of you do. But it hurts the economy. Ideally, all prices are supposed to gradually go up. It is bad if prices are jumping up and down off the charts. During the 1990s and early 2000s, prices grew at a very steady pace making for a great economy. Now the stock market contains about half of the money it did about six months ago. Also, the unemployment rate has grown a lot. About a year ago, it was hovering around the 5% range and now the last I heard, it is at about 8.3%. And I heard there are over 1 million people in California who are unemployed. People are not buying trucks as much either. A lot of the big dealers, Ford, Chrysler, and GM are handing out great deals on their trucks right now. I still really like the big truck image. The classic V8 in your truck or car just seems so much more fun to drive and own. If you have ever ridden or drove a lifted truck, you know it is a blast and I think the gas is worth it. They come in so handy also. They are great for making the occasional trip to home depot or to tow a large trailer or to haul a heavy load.