Quote:
Originally posted by Secret_Agent_Man
The ISM report is lower than expected, though still showing expansion. I'd predict decent, but slowing a bit from past couple months. It will be interesting to see what happens.
If high oil prices continue to act as a drag on the U.S. economy (i.e. stall our budding jobs recovery), it could be a serious problem for Bush. That is the most likely way in which AQ could affect the election against Bush. [I'm just waiting for the express arguments that, if we vote for Kerry, the terrorists win!]
S_A_M
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I was in Canada last week and gas prices (with the litre and Can$ conversions) seem close. why is high gas price a political issue if its global? I admit there could be some Socialistic tax on gas in Canada that accounts for the high price.
