Wednesday, June 1, 2011

June 1, 2011--Gas Math

I keep hearing about why isn't our economy improving. Why are more people not spending money like they were a few years ago. It doesn't take a genius to figure a part of the problem out. Could it be....gasoline?

We are now spending at least 1$ more per gallon of gas. Lets say the average household spends an extra 30$ a week on gas. Now lets take One million households x 30$=$30,000,000 A WEEK going toward gas. 30mil x 4 weeks in a month = $120 mil. 120mil x 12mths=$1,440,000,000 A YEAR is now going toward going to gas and NOT our stores. You and I both know that know that there are more driving households than that AND some households are spending MORE than an extra $30 a week on gas.

So, you tell me....why is our economy not crawling out of the hole its in?

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