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Officially, Mr. Obama will not become president until January 2009. Please see the link below for an interesting article that links decrease in gasoline demand in combination of the decrease in the global economy as the reasons for the decline in gas prices. http://www.iht.com/articles/2008/10/30/business/30gasoline.php
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How did overproduction cause farm prices to go down?
Overproduction caused farm prices to go down because when there is more than enough product, the demand goes down. Prices only go up when demand goes up.
Are diamond prices going up or down?
Diamond prices are going down because machines can now make perfect diamonds. So yeh give it a couple of years and the prices of diamonds will drop.
How are home prices affected by a recession?
Prices go down as people have less money to spend.
Competition between producers help keep prices down in this type of economy?
competween producers helps keep prices down in this type of economy?
What happens to prices when there is a surplus?
the price goes down
Will Obama bring another great depression?
Yes. Obama will. We are seeing it happen already even before he takes office. All economists have been saying for last last year the the market will be crashing the closer we get to the election if it looks like Obama will win. Look what has happened since he has won the election. The market is down almost 20%.
Will gasoline prices go down since Osama bin Laden is dead?
No.
Have taxes gone up since Obama has become president for the majority of Americans?
No, they have actually gone down.
When Obama was president elect did the prices for gas go up or down?
When Barack Obama was elected president in 2008, gas prices actually decreased. This drop in gas prices can be attributed to a global economic recession at the time, which resulted in lower demand for oil and hence lower prices.
Is the president going to change the gas prices?
Since when did the president control the gas prices? The President can't control the gas prices. The only way the gas prices will go down is when gas companies can buy the gas for less.
Did Barack Obama shut down nasa?
No, not at all. President Obama didn't shut down NASA. He just asked them to shut down another voyage to the moon, since we have already been there. He asked them to focus on a future trip to Mars instead. NASA is alive and well and the space program is in no danger of being shut down.
Is stock market falling down after Obama's statement?
No. The stock market is not falling down after Obama's statement.
Did Obama took down the statue of liberty down?
no
What was the economy like when Obama took office vs when he left office?
When Barack Obama became president, he inherited a terrible economy from President Bush. Most analysts said the US was heading for a recession, perhaps even a depression. Millions of jobs had already been lost: in fact, in just the month he took office, more than 800,000 jobs were lost. While not everyone will agree with how Mr. Obama handled the economy, the fact remains that his policies helped bring the country out of that economic crisis. The recovery was not felt in all parts of the US equally; but gradually under Mr. Obama's leadership, the economy as a whole began to turn around. By the time he left office, Barack Obama had presided over 75 consecutive months of job growth. When he took office, the unemployment rate was as high as 7.8%, and when he left, it was down to 4.7%.
Have I pad prices come down since last year?
They have went down a little bit. The iPad 2 is still around the same price but you can get the original much cheaper.
Is a moon base planned in the near future?
probably not in America since Obama ran us out of money and had to close down the space program for the time being
GRANT FROM OBAMA FOR MORTGAGE'S UPSIDE DOWN AND HOMESTEAD SENIOR CITIZEN ?
GRANT FROM OBAMA FOR MORTGAGE UPSIDE DOWN AND HOMESTEADED SENIOR CITIZEN
