
$4.00 a gallon gas sucks. But there's something that sucks even worse than that. "What could suck worse than $4.00 a gallon gas?" you ask,
argrutely (read: shrewdly, and if you don't believe me, click the link. Google taught it to me and Google knows all.), with the inflection of a person eager to consider new and exciting new (redundancy intentional for emphasis) information. What sucks worse is when gas prices suddenly drop from $4.00 to $1.55 as if someone pressed a button and made it so.
It sort of seems impossible that it could happen of its own accord. It sort of implies that some asshole did, in fact, press a button, literally (read: figuratively).
I will, at this point, admit a certain profound ignorance to the intricacies of global economy. But I did take economics in high school, and I even paid attention once... maybe twice. The basics say that inflation is a nearly constant and nearly unavoidable factor of economics when measured against the passage of time. The rate of inflation may change according to the aforementioned intricacies, but inflation does happen. The take home lesson: Twinkies will never be a nickel again. So armed with this formidable and all-encompassing understanding, I'm going to make an intellectual leap: there is no way that price of gas should or could reduce itself to the levels enjoyed (lamented at the time) in the mid 90's unless there was some artificial influence (read: asshole button presser) exerting it's insidious force on the market. It was like a real life Christmas Miracle when it happened a few weeks ago. I refer to it as a Christmas miracle, instead of a more accurately descriptive Christmas Coincidence because I want my sarcasm to shine bright. And it shines more brightly from the bulb of the former phrase. Plus, it wasn't even a coincidence. Calling it that is a bit generous. It was probably an engineered variable change. But it is, after all, the Christmas season. And generosity is the name of the game. So Christmas Miracle it is.
Time to connect the dots. Time to sound like an overly paranoid, mentally deficient, hyper-impressionable, crackpot jerk. Retailers generally do as much business during the Christmas season as they do all the rest of the year combined. Since we live in a consumer society, this season is as vital to our existence as Americans (in the sense that completely superfluous objects are vital) as oxygen is to our existence as mammals. See what I did there? With the pseudo-comparison. I took biology in high school, too. And oxygen
is important to our survival. But they never mentioned anything about a
Wii Fit or Louis Vutton purses being integral to any life sustaining process. I digress. Without this boon of commercial support, major corporations, small businesses, our lifestlyes, essentially this country as we know it would cease to exist. This year, way earlier this year, that intravenous money injection appeared as if it might run dry and might end up being an underdose. Economic turmoil had descended upon the mega-rich and the larger-than-imaginable corporations. News outlets reported the story with a fervor and drama usually reserved for natural disasters that involve people dying in the streets. But these weren't people, these were just corporations. Institutions. Imaginary constructs of the creative (read: greedy) human mind. Financial bailouts followed, many of which involved those seeking the bailout flying to the negotiations in private planes. Again, only a high school economics guy here, but aren't those planes... what's the scientific word Mr. Barsanti taught us... expensive. And not to go off on too much of a tangent, but the amount of just one of the larger bailouts would have been enough to rebuild a pretty big chunk of New Orleans, where people had been, very recently, dying in the streets, literally (not figuratively). So those we trust to make good decisions on our behalf, in their infinite wisdom, decided to give a few extra billions to a group of people who couldn't make intelligent enough decisions to maintain solvency with their original billions. Imagine this scenario. Suddenly, I feel like I should go open a beeper store.
If it fails, which I doubt, I'm just gonna live off my fat government bailout checks for the rest of my life. But I digress again.
Offering insta-temporary-solvency to megacorps didn't do anything for the average person. And as financial crises tend to do, the problems had already trickled down the class ladder until the people who got hit the hardest were the people who were already suffering the most. I'm not even talking about the middle class. Below (so to speak) the middle class are people who are dependent upon social programs for survival. So when tens of billions of dollars are promised to the groups at the top, its usually social programs, which draw a minute fraction of money by comparison, that feel the brunt of the money shift. Take $100 from a budget of $500 and that's a big deal. Add $80 billion to a an existing budget of $900 billion, and well, what's the difference. It's still just a really high score in a game of pinball. Only the pinballs were people's lives, and the flippers were... I have no idea where to go with this metaphor.
Ultimately, when the Christmas season rolled around this year (which was like July or something cause I vaguely recall purchasing a tube of 80 spf sunscreen to the tune of "Grandma Got Run Over by a Reindeer) the middle class wasn't spending like they normally did. Then gas prices dropped. It was a Christmas Coincidence. For Wal-Mart. Which was the only major US retailer that met their Black Friday projections this year. And thank god. Because the 84 bajillion dollars they generate each year isn't enough to feed the board member's families. Gasoline, which has in recent years, become the largest monthly expense for most families saw a decrease of more than 50%... a decrease that seemed to ignore the "fact" that inflation "must" happen. Its almost as if the oil market was spitting in the face of hundreds of years of economic dogma the same way that
babies spit in the face of decency. So it couldn't have been a coincidence. I am now required by my own stringent moral code and journalistic integrity to retract all that stuff I said about miracles and coincidences. The semantic battle I had at the beginning of this piece almost seems pointless in retrospect.
A more educated person, perhaps someone with a degree pertaining to global economics who might have written a dissertation on oil production and its consumer markets might say something like "There are complex global forces at work with fluctuations in the supply and blah blah blah..." A less educated person, with no degree, perhaps someone prone to wild conjecture, imagination, a bit of common sense, and a lot of free time might say something like, "Bullshit." I (that less educated person I described was me) would then call the more educated person an econerd, pronounced ee-kah-nerd not ee-ko-nerd, and then knock his glasses on the ground. I'm tough.
There is this quaint little North American village referred to by some as "The Seven Headed Beast of Gethsemane," "Scourge of Allah," or by those of us who live here, "The United States," where we have no choice but to consume oil. This is because once the great American automobile (once with a controlling interest in federal policy, now just another fledgling industry) made its debut, entire cities were restructured and new ones built in such a fashion as to facilitate their use. Add to that the innumerable other reasons we have found to employ the oil resource and we find ourselves apparently stuck in this relationship, much like Tina Turner found herself "stuck" in her relationship with Ike. If you noticed the quotation marks around the word stuck and think that alludes to something, read on dear reader, you're in for a surprise. So this makes gasoline price a perfect variable to change if one wanted to perform an experiment to extrapolate how the spending habits of the average American consumer might change when faced with certain unavoidable financial pressures. Skyrocketing gas prices don't affect people who make 6 figures or more per year, as indicated by the private plane/bailout thing. Skyrocketing gas prices have a lesser effect on the class of people who couldn't really afford to drive in the first place. But sudden changes in gas prices have a substantial effect on the (disappearing) middle class. And now, thanks to whatever insidious force is behind these fluctuations, that effect, aside from being just substantial, is also a bit more predictable. But only to those looking down from above.
Someone is looking at the American populace through a microscope. I'm gonna go out on a limb and say that guy is a total jerk. Someone finds it to be an acceptable diversion, nay, occupation to toy with our lives. Only a concerted and swift revolutionary undertaking can rectify this disparity. And so, in closing, I have a suggestion: if I may once more invoke the name of
Tina Turner, it might be time for all of us to orchestrate a bit of unpredictability and leave Ike's broke ass behind.
Note: Most, not all, but most of the assertions in this word thingy what been just wrote by my mindgrapes have sources. I left them out intentionally. This move was motivated by my penchant for laziness and because if you are so inclined, you might search out the sources on your own, either to refute what has been said or support it. And I welcome either. Who knows what knowledge the search might bring by accident.