A question for those who insist that gas prices are up cause of rising demand in China and India?

because those countries are become more and more economically thriving and people are making more money and buying more cars...etc...





aren't you the same ones who are in favor of policies that make it easy for american companies to outsource american jobs to those countries..and in effect help those people make the money to buy the cars to burn more gasoline to raise our prices over here? And wait, doesnt outsourcing american jobs cause american wages to decline....also? Lets summarize....you are in favor of american workers making less money, and paying more for gasoline..right?

A question for those who insist that gas prices are up cause of rising demand in China and India?
logically, it must be the case - as demand goes down in a slowdown; such as the West is experiencing. So the Developing Countries must be bumping the price of fuel up !
Reply:blame Walmar - 98% of the crap in that place was made in Eastern Asia and shipped back to America for sale. All the clothes, electronics, furniture, toilettries, food, containers and everything else with exception of socks and cleaning agents.





Amazing, the same people complaining about losing jobs line up at Wal-mart every Christmas.... paying for their own demise...
Reply:WOW, you are absolutly correct, gas prices are high because Ben Bernanke and his buddies at the Federal Reserve keep lowering interst rates, which causes inflation rates to go up, in turn high prices! Food, gas, clothes...etc. Our economy is in limbo right now, and it seems like no one cares that we are paying more to live but not getting a raise at our jobs.
Reply:the current rise in gas prices has NOTHING to do with supply and demand or outsourcing of jobs. it has EVERYTHING to do with wall street speculators. i have it on good authority that by the end of this year, gas prices will be back to well under four dollars a gallon...stay tuned.
Reply:I'm not in favor of outsourcing American jobs or increasing the cost of fuel, these are just realities of the world we live in.
Reply:I think you make a number of very salient points.





Your point is basically trhat due to increased competition- the OECD has colluded once again to shaft us poor consumers.





Please do not forget that the OECD is majority Islamic nation- with their own agenda to peddle





And yes, you are absolutely right- the US government initiatives for corporate backers to profiteer and exploit the workforce via outsource call centres %26amp; customer support to India and shift almost all manufacturing to CHina is a major effect.


And guess what? We all now have to pay shipping for those Indian-Chinese goods now too- so nett gain= 0 for us consumers.





So essentially you are right- the academic economist morons with their idiotic short-sighted globalisation agenda have effectively severely damaged the domestic and international economy.





Bravo Einsteins- the whole world suffers for your greed.





Do you know how much Bush has cost the world? well over USD 20 trillion- and that's according to Bloomberg.