It's Memorial Day weekend, the unofficial beginning to summer. All of the big blockbuster movies come out about now, amusement parks, ice cream stands, drive-in movies and root beer stands have begun to reopen for the season, and the greatest harbinger of the onset of summer is rapidly rising gas prices, which have shot up considerably since the warmer weather began. Owing to the recession this year, we are told, gas prices won't rise as astronomically as they did last summer, when it peaked at $4.15 a gallon, but I predict seeing it go toward the $3.00 mark before summer's over. Once again, speculation is behind this whole thing. When the stock market crashed last fall, prices plummeted at the pump when the oil bubble that led to last summer's ridiculous prices also burst, sending gas down to levels not seen in years, but as you can imagine, speculators, voracious for rapid profits, leapt on the price drop and began buying up cheap oil futures to jack the prices back up, and OPEC halted production by several million barrels a day as well, also to raise the price back up. On one hand, this is a good thing because it reinforces conservation and the creation of more fuel efficient cars by the automakers, but on the other hand, it puts a real pinch on lower income people who often own older gas guzzler cars because they can't afford newer ones and they need to get to their jobs, so it's kind of a Catch 22 situation, to say the least. If gas gets too high, it will also put the kibosh on travel and tourism, and there are many states who rely on summer tourist travel to make ends meet. Last summer was brutal on states that traditionally bring in big bucks in the tourism industry and that was part of what led to the massive recession we're now encountering. There is also talk in Ohio of lengthening the school year well into July like they do in Europe, because teachers say that they spend the first few months of each school year doing remedial catch up because kids forget what they learned the previous school year. (I don't recall encountering this problem myself whenever I began a new school year. Teachers just dove us into new material without reviewing last year's stuff first.) I don't know if today's kids have shorter attention spans or what, but I don't recall three month long summers doing us any academic harm when I was growing up. The school year now is already longer than when I was young. School starts in August and goes to mid-June, so ending school in mid-July will mean only a few short weeks off for today's kids, hardly enough to allow families to be able to take their traditional summer vacations. But the thinking is that the longer the kids are in school, the more they'll retain year to year and the less remedial catch up will have to be done at the beginning of each school year. So much for long lazy summers of my youth for today's kids......OWOWOWOW!
1 comment:
Oo, ouch! I am sorry to hear about your injury. The X-Rays and co-pay gall... on the one hand, yes, we want to discourage people from abusing their medical options. On the other hand, we're now at a point when we as a society often don't use them because it will hurt the long-term rates. (sigh)
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