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In Reply to: That's a pretty narrow perspective posted by Michael W on March 03, 2000 at 23:57:49:
Or try this scenario: Lower prices=more people driving to work=more backed up traffic=less productivity=less to me. Of course I take public transportation to work so I can actually produce while commuting. (Also, I don't find any pleasure in grinding to work in my coupe at 10 mph.) If higher gas prices mean 5% of today's commuters find better ways of working (telecommuting anyone?) then maybe those people who have to work from a central office can get to work a little quicker and produce a little more.
Obviously $6.00/gallon gas will screw up our economy, but our current situation of individuals driving to work by themselves in their Expeditions is not working out either. I like CoupeDude's take on the situation. $2.50/gallon (isn't that what milk costs?) sounds about right.
: Gas prices affect more than just those who own gas-suckers or those who can't afford to pay the few extra bucks per fillup. It likely affects you, too, as much as you "want" the prices to rise, which IMHO is a pretty ignorant statement.
: Higher priced gas == less people able to drive to work == less work == less productivity & work == less jobs == less corportate earnings == less to you. Albight, indirectly, either through your own workplace, the stockmarket, or rising prices in other categories. Perhaps the cost at the supermarket of all food items now will go up because the truckers go on strike and the 'supply' of the service of shipping is reduced? Demand will go up and the extra cost in that carton of milk or bag of chips will be passed on to you, as everything else that gets transported by something that uses gas.
: A major issue like this affects more than just the economic scale at hand, but the entire economy as a whole, and as a member in that system I'm sure you don't want it to negatively affect you.
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