08-31-2005, 09:45 PM
What really sucks is what the gas prices are going to do to the economy in the next few months. As gas goes up, most companies profits will go down, do to the fact of the cost of doing business being higher. This in turn will kill profits and stocks will tumble, except for oil, electricity and natural gas.
The housing prices have peeked, and now does it make more sense to pay more to live closer to work so you don't have to pay more in gas, or pay less and live further out and have to pay more to drive to work.
Most companies only give an annual raise of 2-3%, but this is not keeping up with the inflation that is happening. We could all have lots of issues in the upcoming year, unless Bush steps in and does something about these gas prices. The trickle down affect is going to be huge!!!
The housing prices have peeked, and now does it make more sense to pay more to live closer to work so you don't have to pay more in gas, or pay less and live further out and have to pay more to drive to work.
Most companies only give an annual raise of 2-3%, but this is not keeping up with the inflation that is happening. We could all have lots of issues in the upcoming year, unless Bush steps in and does something about these gas prices. The trickle down affect is going to be huge!!!