Re: Wow!

On Fri, 29 Feb 2008 11:46:20 -0500, Gary  KW4Z <kw4z@[EMAIL PROTECTED]
>
wrote Re Re: Wow!:

>On 2/27/08 6:23 PM, in article
p4sbs3djlhosk0iia3iuibj4jlle0jitmr@[EMAIL PROTECTED]
>"Caesar Romano" <Spam@[EMAIL PROTECTED]
> wrote:
>
>> Wow!
>> 
>> An article in the paper today was predicting $3.50 - $4.00 per gallon
>> gas price by summer.
>> 
>> Bummer.
>
>
>Not to mention that bread and other wheat products are also supposed to
>increase prices greatly just like anything that corn feeds since they are
>diverting so much corn into the ethanol program that the remaining causes
>beef prices and other prices to rise.  Thankfully I don't have to drive
into
>work each day now but I'm also effected greater by price increases being
on
>a fixed income these days and that income hasn't increased to keep up
with
>the other price increases.

Good points. Very few people realize how much of everything produced
in this country has energy-price as a very significant part of the
cost.

>$4.00 gasoline will also surely put a crimp on motels and traveling most
>likely, or maybe not, we've seemed to adapt and accept almost anything
these
>days. 

The only way to adapt is to cut out other expenses. Most people are
about at their limit and will have to start making very painful cuts
next.

>
>The question I have is would our generation be able to answer the result
of
>an actual depression, if one ever came like in the late 20's early 30's
of
>the 20th century? 

No, I don't think our generation has the required self-discipline and
determination. 

> I do think that generation may justify it's
>categorization as the "greatest generation".  

I agree.