If you're looking for the funniest stuff, I suggest starting with the Steve, Don't Eat It Homage and then the travel category. You're on your own with the older posts that have yet to be categorized.

Friday, April 28, 2006

I AM A SMRT

In this article, Marshal Cohen, chief industry analyst with market research firm NPD Group says:

"When gas prices go up 5 cents a gallon, that's maybe an extra $10 a week out of consumers' pockets. But when they're going up 15 cents and more, it means $20 extra a week"
Let's see. $10 / 0.05 = 200 gallons a week! Even at 10 mpg that's 2000 miles a week! And how does tripling the price increase (to 15 cents or more) only double the cost?! Is this some kind of Non-Euclidian mathematics? Perhaps he's working on proving P=NP on the side and is getting things mixed up? What else does Marshal have to say?
"Last year consumers on average spent $500 more for the year on gas. This year it could go up to $1,000. This is what Lee Scott is worried about. The average American has $2,400 in discretionary spending. A Wal-Mart shopper probably has $1,500. Now take out the $1,000 extra and what does that leave them?"
Uhm, $500? Seriously, would you take investment advice from this guy?

3 comments:

Teutsch said...

That would really be great if he proved P = NP. I still think gas prices are too low.

talljay said...

Too low for what?

Teutsch said...

Read my post tomorrow.