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Old 11-17-2008, 01:34 PM   #181
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I look at the economy like this. Its like a huge ship like the Queen Mary... You need a lot of room to turn it around. Right now the huge ship is stuck on a sandbar, and all we need is a nice high tide to get us off and free again. With Obama at the helm I fear he'll get the ship off the sandbar just to run it into an iceberg. Yeah, he'll learn, but at what expense to our economy? This is not the time or place for on the job training.

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Old 11-17-2008, 01:46 PM   #182
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The problem with no time for OJT is we would have had that with McCain too. He said in an interview in September or August that he didn't understand the economy as well as he should. That's just as scary as Obama.
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Old 11-17-2008, 03:25 PM   #183
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I predict we see gasoline below the $3 mark again before the summer of 2009.
assuming 1 year predictions, this one is WAY out in front at the halfway mark!
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Old 11-17-2008, 04:08 PM   #184
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But it may be back up to $3 or beyond by summer 09...
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Old 11-17-2008, 04:18 PM   #185
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http://www.msnbc.msn.com/id/27766333/

This kind of thing certainly can't be good for oil prices.
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Old 11-17-2008, 04:21 PM   #186
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Originally Posted by Jay2TheRescue View Post
I look at the economy like this. Its like a huge ship like the Queen Mary... You need a lot of room to turn it around. Right now the huge ship is stuck on a sandbar, and all we need is a nice high tide to get us off and free again. With Obama at the helm I fear he'll get the ship off the sandbar just to run it into an iceberg. Yeah, he'll learn, but at what expense to our economy? This is not the time or place for on the job training.

-Jay
I agree with that. I may not have gotten my intent across in my post. I was trying to emphasize that "he'll learn" is a bad thing. Kinda like when you have a child and say "they'll learn," it's usually while they're doing something dangerous and the way that they learn is through some terrible thing happening. Only after they learn, they may be minus a finger or some skin. That's not the kind of damage our economy needs from him learning.
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Old 11-17-2008, 04:24 PM   #187
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The problem with no time for OJT is we would have had that with McCain too. He said in an interview in September or August that he didn't understand the economy as well as he should. That's just as scary as Obama.
honestly, I don't know if anybody knows the economy very well. Maybe I'm wrong. Hopefully I am! hopefully somebody knows and will fix it.

I think things just need to settle down. Everything has been going 8 miles a minute in the last 5-6 years that this crash was bound to happen. We need slow growth. Slow and sustainable. Diesel locomotives, not bottle rockets.
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Old 11-17-2008, 07:28 PM   #188
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9 out of 10 economists agree that the other 9 don't know what they are doing.
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Old 11-18-2008, 08:13 AM   #189
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Re Obama 'He'll Learn'

Experience is the best teacher by far. Too bad it only comes right after you need it. xD
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Old 11-18-2008, 09:17 AM   #190
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We will see if the gas prices go up a little at Thanksgiving as it usually does . . . and Christmas. The trend is still downward . . . maybe time to stock up on summer blend before the winter blend is delivered to the pumps.
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