The OFF Year election is a political season in which usually catches political bystanders off guard with how did this happen or how did they get elected. The politics of our nation are too important to not follow on a consistent basis, but there is one problem. There is a deluge of BULLSH*T that seems to be meant to distract the voter from the issues that will impact their daily life. The purpose of OFF Year is to provide you the voter with an outlet for the facts so you can make an informed decision. We will do our best not to have a slant to the left, right, blue or red but to quantifiable facts so you can make the call. If you feel as though we gone one way or another call us on our BULLSH*T.
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A name we need to know when it comes to American economic policy...
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Equal protection under the law is what every American expects.
Visit offyear.org and follow us on twitter and facebook...
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I do not know about this. This could be a slippery slope. Civics is something that has not been emphasised in public schools for decades. That is where it should start.
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Fear Premium Vs Hope Premium
On January 30, 2016, I posted a picture on Facebook of the cost of gas in Philadelphia, Pennsylvania. At that time gas was $1.99 a gallon. I remember standing at the pump very pleased that I was able to fill up my SUV for about $45. At the height of the economic downturn, it could cost almost $100 to fill up one of my SUV’s. Over the next few weeks, the prices continued to fall, and I could feel the difference in my wallet.
This past Monday I was greeted with gas prices of $2.49 a gallon. I had to stop and think what is the reason? After a scan of several news sites, there was no event that was explicitly linked to rising gas prices. In my daily review of news I came across a story about wildfires in the oil sands area in Canada.
My first reaction was “You have got to be kidding me?” Companies cannot use this to invoke the “Fear Premium.” A few days ago I was reading one of my favorite papers, and the headline stated oil was going north of $50, and the “Fear Premium’ was a factor. The headline and subsequent article left a smirk on my face. My thoughts went to American foreign policy and diplomatic efforts. What kind of country are we going to be? Is it about the individual or is it about entities.
The lowering of gas prices is a boom for the individual and can help spur the economy. With lower crude oil prices the oil companies have seen their record profits fall.
If you look at diplomatic events in correlation to the oil prices dropping, think about when everyone had their opinion about the nuclear deal with Iran. As a result of the nuclear deal with Iran, millions of barrels of oil were reintroduced into the world's economy. Economically do we operate from a Hope Premium or Fear Premium. I guess your answer would depend on the value you place on the individual or the entity.
Corporate profits or individual prosperity, can we find a mutually beneficial middle ground?
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