Two paradoxes
Kim DuToit has two
things for us to think about:
Paradoxes
Some food for thought:
Item #1 (via email):
Ford has spent the last thirty years moving all its factories out of the US , claiming they can’t make money paying American wages. Toyota has spent the last thirty years building more than a dozen plants inside the US. The last quarter’s results: Toyota makes 4 billion in profits while Ford racked up 9 billion in losses.
Now those are the international corporate results, and not just the U.S. operations, but still.
Item #2 (from Howard):
Price of crude oil last year at this time: $80
Price of unleaded gasoline last year at this time: $2.35
Price of crude oil right now: $64
Price of unleaded gasoline right now: $2.41
(Before anyone starts fulminating against the eeeevil oil companies and their bloodsucking profits, allow me to offer the thought that while our economy has grown since last year, our oil refining capability has remained static, courtesy of the Greens.)
Discuss among yourselves.
Kinda makes you wonder...
Posted by DaveH at May 23, 2007 4:43 PM