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Northrop Grumman Corporation Message Board

  • McMEM McMEM Jul 5, 2012 2:37 AM Flag

    Oil price on economy

    I can understand that a lot of us, such as sqzr, do not want to believe that the current recession/depression is caused by Bush-It. Unfortunately, WSJ reported back in 2007 that the US economy stopped when the price of oil went from $100 to $150. While we may want to point the finger at OPEC or China, few of us pointed the finger that the US major oil companies dropped to 2 during Bush-It era.

    I agree with rtn-dtn, and have doubt about the link on federal disability payments. I did a quick search, and CNS (not CBS) made this report.

188.41+0.64(+0.34%)Nov 27 1:01 PMEST