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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (24144)4/26/2005 4:34:12 PM
From: Elroy Jetson  Respond to of 108933
 
A lot of our lessened dependence on oil is an illusion.

While part of our "lessened dependence on oil" came from conservation efforts like insulation and co-generation, the larger portion has come from the US losing our manufacturing base, to China in particular.

Yet since we still purchase these products, albeit from China rather than from Illinois, energy prices still affect the price of the final product - even though the energy is used "over there", we use it all the same.
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To: SliderOnTheBlack who wrote (24144)4/26/2005 4:37:48 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 108933
 
You're correct in noticing that business and consumers continued their borrowing ways during the Clinton administration.

home.pacbell.net

The Federal government on the other hand, shown in blue, paid down their debt significantly during the Clinton period.
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