Here in Australia the Federal government halved the excise tax on petrol/gasoline for six months from March. It seems the prices are going back up again.
Although I am tempted to buy a new car, however it is powered, I simply am not going to. Every time I look at site I have a pop-up asking what I am looking for. I normally ignore, but now answer "would like to buy, but won't until there's a total reset of the auto industry"
I agree. This is a complex problem. You could also point out the role lobbying, Congressional stockholders, and tax forgiveness by states contributes to this problem. These mega corporations play a huge hand in whether we have an autocracy or democracy.
I have a question. How are higher profits linked (if they are) to higher stock prices?
Here in Australia the Federal government halved the excise tax on petrol/gasoline for six months from March. It seems the prices are going back up again.
Although I am tempted to buy a new car, however it is powered, I simply am not going to. Every time I look at site I have a pop-up asking what I am looking for. I normally ignore, but now answer "would like to buy, but won't until there's a total reset of the auto industry"
Life goes on.
The only way to fight greed is to BOYCOTT the greedy!! Stop buying their stuff until the price drops! It’s the only language they understand.
I agree. This is a complex problem. You could also point out the role lobbying, Congressional stockholders, and tax forgiveness by states contributes to this problem. These mega corporations play a huge hand in whether we have an autocracy or democracy.
Very interesting article Warren, although high finance is always above my head. Hope something can be done to bring prices down,