Entries tagged with “oil”.
Fri 17 Oct 2008
The Price of Oil Drops as Winter Starts
Posted by Charles Clarkson under Economics
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Thu 3 Apr 2008
Their Shoes
Posted by Charles Clarkson under Economics, The Good Fight
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Picture this. You are called in to a local court and asked by town officials about your earnings over the last year. It is revealed that you have had a really great year. Your pay went up and you were able to pay down your existing debt. You have a few skills that make your labor much in demand. Demand is so great that you will see a massive increase in pay this coming year.
Now, one of the idiot politicians asks, “Since you made so much money last year and since there is a shortage in alternatives to your work skills, why not work for less next year.” I’m willing to bet that you would probably want to ask the idiot politician what he or she was smoking and whether they were willing to share.
Let me make sure you understand what I am saying. You have a highly demanded skill, but there are alternatives for your customers. Unfortunately, all those alternatives are even more expensive than purchasing your skills. Your customers are hitting hard times and they need financial relief from your high prices.
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