Quote by Maria Bartiromo
If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.
Summary
This quote suggests that when individuals experience unexpected and significant increases in gas prices, it negatively impacts their disposable income. The rise in fuel costs leaves individuals with less money available to spend on non-essential items like household appliances or clothing, which in turn hampers economic growth. The quote highlights the interdependence of consumer spending and economic prosperity and illustrates how changes in the prices of everyday commodities can have far-reaching effects on individual purchasing power and overall economic activity.
Topics
Car
Liked the quote? Share it with your friends.
Random Quotations
