How much is your bottom line affected by higher gas prices?A lot, A little, Not at all.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
12 comments:
Are you kidding? The more I spend on gas the less I eat or spend on medical expenses. Am I in the minority here of people who have to put off medical procedures because they can't afford them even though I have health insurance?
Gasoline runs America.
It affects everybody whether you drive or not.
Not at all. I doubt it seriously effects most people except psycologically. If ones family or individual finances are affected bu a few pennies on the gallon chances are you need to find another line of work.
Its fine when someone makes or has plenty of available cash that prices do not make a diff. When you are retired there is no other line of work. Yes I am effected a lot.
The rise in the price of gas trickles down to the rise in the price of everything we use either in manufacturing (which we do little of now) or the transportation of everything else we use.
11:24
Some people because of the economy around here are forced to drive further if they want to get a paycheck. Yes the price of gas effect them and makes a difference. Instead of driving 150 miles a week we are now forced to drive 150 miles a day. Try fitting that into your budget and still say it won't effect you.
When gas goes up so does everything else so it amounts to more than a few pennies. Just about everything that you buy here on the Shore has to be trucked in and that cost more for gas/diesel.
Everything has gone up because of the gas prices yet no ones salaries seem to be moving.
11:24 is living the good life, and like everyone who has money and plenty of it, filling up the Hummer or the Suburban (with dual tanks) is no big deal. Gas prices have DOUBLED in 3 years!!! It ain't "a few pennies". These low-lifes working full time jobs at $10/hr--not everyone owns 10-300 rental houses or makes $75-150,000 a year and has a spouse making the same -- and there are a LOT of people working their aces off for THAT wage -- (their parents couldn't afford to send them to Salisbury University for that 4 year Business degree and they didn't inherit any money), so please don't be so pretentious and haughty. Yeah, yeah, I know --- YOU worked four full time jobs and saved $50,000 in 2 years while going to school full time and supporting your sick parents and volunteered 25 hours week at the homeless shelter to get where you are today. The rest of us sorry bastards should do the same and quit whining, right? And yes, I'm paid well and own a home, but $50 to fill up my gas tank IS a problem. And I'll bet you wonder why people make fun of Romney when he says he is not wealthy and is just like the rest of us......LOL!!!
11:24 is clueless and not in tune to the world of corporate America and high finances.
It's not about getting a higher paying job. It's about economics and the economy.
The direct impacts are easy to see-higher costs on just about everything.
When higher fuel costs starts cutting into profits the shareholder start screaming.
And when they scream, corporations (you know the ones with the better paying jobs in another line of work)listen and hiring goes down (gotta save on costs somehow). Postions are eliminated (you know people laid off.)
It's not just corporations either. Hospitals will reduce staff and lower standards by cutting costs on such thing as food. Instead of patients getting the "hospital grade" of institutional food, they will get the same grade as is served to the prisioners in prisons.
The roads will suffer because people aren't buying as much gas thereby less gas tax coming in.
Running one of my trucks to the job and back is $25 per day. That affects the price my customers have to pay for building & remodeling. It used to be able to be included in my regular overhead costs, but now I have to charge separately for it.
We'll just have to spend less at restaurants and department stores.
We feel it a lot. I drive to give estimates, to pick up material, to drive to jobs, and to do everything related to work. As the prices of fuel and everything else goes up, we are forced to cut everything else. If we pass these increases on to our customers, they won't be able to get the work done. The increased cost of fuel and everything else is directly proportionate to the devaluation of the U.S. dollar. The only winner? The federal reserve bank.
well said 12:42 and no typos! that's refreshing.
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