If the Griswold’s were to leave New York For Disney Land In LA instead of Wally World while driving their gas guzzling station wagon with grandma strapped to the roof they would travel 2789 miles. Four Years ago they would have spent $976 on gasoline. Today that same trip would be $418. That means that Clark Griswold would have over $500 extra to spend on the family vacation.
Yet today’s news is all about how bad the drop in oil prices is impacting the economy. Are the media really that dumb? Can they not think for themselves? If everyone in the country has more money in their pockets because oil prices have dropped, that is more money for every single industry except for oil. The costs of making plastics goes down, the cost to make cars goes down. The cost to ship goods across the country goes down so prices go down and more goods can be bought. More sales at better margins means more profits. Manufacturing costs go down so profit margins go up. (unless you sell oil) So the news media, everyone of them are morons. That may be true, or there is something else driving that?
If I were a 20 year old college student living on a stipend and student loans burdened by an over taxing educational load while using recreational drugs, I could still figure this one out.
Who do you think tells the media that the drop in oil prices is bad? (Oil companies, green energy companies, environmentalists and Wall Street investors dealing in oil) Everyone of these entities are seeking to reverse the drop because they stand to benefit either their causes or their bottom lines. The media is now too lazy, too ineffective and too out and out bought to even question the crap they are fed. So what if CBS or NBC report on the ‘disaster’ low oil prices are? So what if their reporting hurts every consumer in the United States. They do not care. It is far less expensive to just republish the news releases they get than to investigate how the drop in oil prices impacts most businesses and the consumer.
So what if they hurt the economy? So what if they want prices to go up so ISIS can have more profits for Jihad, or Iran has more money to create a nuke? The media and government are so corrupt they will push damaging information in pursuit of profits and agendas to the exclusion of common sense. There is no allegiance to truth, no allegiance to facts.
The concept of a moral high ground has thoroughly vanished from the American media. We can only hope it is they that get stuck with the broken down station wagon hauling grandma at $4.00 a gallon and that at some point they can no longer afford the to take the trip. They are the Wally World of today and they need to close.