Gas Prices

At the rate gas prices have been sky rocketing it gives a scary feeling. This has probably resulted in the biggest hole in the pocket which is ever increasing as days progress with record shattering prices of the crude oil per barrel.

The pain is felt harder nowadays more so because of the subsidized prices here in USA which has always been much lower than the prices that were prevailing across the world.

With the reckless outsourcing attitude taken by the various company honchos here in USA with the support of appropriate powers has resulted in average american losing their jobs due the cheap labor and so called savings portrayed. This has resulted in slow erosion of the nice life the used to be the norm here in USA.

The powers that be conveniently now blame growing purchasing power of developing nations like India, China, Vietnam which in my personal opinion smacks of stupidity. I do not accept this argument how much ever people yell from roof tops about the affluency of other countries being the reason for the current situation.

In my humble opinion it is a reckless attitude and total lack of foresighted management is the very reason for the current state of affairs across the world with rising gas prices causing spiralling food prices and other increases in other sectors.

Will continue the chat tomorrow with my thoughts, Make it a Good Day.

Cheers