- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Macro Econ: Low gas prices -> higher disposable income -> higher spending / GDP?
Posted on 2/19/15 at 3:33 pm to AlexLSU
Posted on 2/19/15 at 3:33 pm to AlexLSU
Mining is only about 2% of US GDP.
In TX, OK, LA it's closer to 15%. I can understand the debate for our region, but nationally it's essentially a huge no-strings-attached tax break. Win for the US economy as all that money goes on new houses, cars, electronics, CPGs, etc. etc.. Potential slowdown/recession for the south central U.S.
In TX, OK, LA it's closer to 15%. I can understand the debate for our region, but nationally it's essentially a huge no-strings-attached tax break. Win for the US economy as all that money goes on new houses, cars, electronics, CPGs, etc. etc.. Potential slowdown/recession for the south central U.S.
This post was edited on 2/19/15 at 3:35 pm
1
Posted on 2/19/15 at 4:58 pm to TejasHorn
quote:
Win for the US economy as all that money goes on new houses, cars, electronics, CPGs, etc. etc.
More money to spend on Play Stations instead of Gas Stations? I will take that.
This post was edited on 2/19/15 at 4:59 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News