ski:
What would american people do when in result of their presidents actions their standart of life would fall ?
It already has! Are you paying attention? Maybe the news you are getting is a little out of date! For example...the picture of the Hummer you posted, did you know that those factories in the US have CLOSED DOWN operations? No? Well they have!
Bush wanted that stupid missile shield. He is almost out the door (if only I could kick him and push him out faster!)
Don't be so sure that the next Prez is gonna want to spend money on that little project. There are bigger problems to fix, right here at home, on top of the Iraq mess!!!!!!!
When we look on statistics, US is strongly oriented on consumption. [i][/i]
But that has slowed down. Why do you think Bush sent out tax refund "stimulus" checks to the public in May and June? It was to try to revive the economy.
The increased fuel costs have the effect of raising costs across every sector in business. Most goods in the US are transported by trucks (trains are second even though they are more fuel efficient). The increased cost of fuel means higher freight costs, which are then incorporated into the selling cost to consumers. This makes if harder for people to consume what they did before as higher costs begin to pinch the budgets.
This slow down of consuming affects the countries producing ans exporting to the US. Our economy is tied to other economies. Change a variable on one side of the equation and you get an effect on the other side of the equation.
How many people here (besides Crow) studied Economics?????