The Therapy Sessions
Monday, December 05, 2005
It's a mystery!
The New York Times unleashes its seasoned, genius economics reporters to explain a conundrum: why is the US economy doing well?
Nothing is simple or obvious for these folks:
"Gasoline prices - the national average is now $2.15, according to the Energy Information Administration - have fallen because higher prices held down demand and Gulf Coast supplies have been slowly restored."
Higher prices have held down demand and encouraged production?
Keep digging, intrepid reporters!
You may be about to discover something important - like "The Law of Supply and Demand."