Everybody likes gas to be cheaper. How will cheaper gas make more jobs?
Lower transportation costs, cheaper products, more sales, more jobs.
For one, people would have more disposable cash.
Two, fuel costs drive the cost of EVERYTHING up, so lower costs also drop prices in a competitive economy.
The presumption is, people will be buying more stuff with the “extra” cash they now have. Since companies run on tight inventories, more sales requires increased production. And more production requires hiring people to do the work.
Or so the theory goes.
Everyone likes gas to be cheaper, except for leftists who seek control over their fellow man.
Gas prices correlate to overall transportation costs.
When this line item goes down, businesses are more profitable and can hire more people to provide goods and services to other people who aren’t spending all their income on getting to work and back.
Less money spent of fuel will make transportation cheaper, meaning that businesses will be able to hire more people.
Lower gas means lower transportation costs means lower cost of goods and consumers have more money to spend.
Which means tens of billions of dollars won’t be going to the Opeckers.