Gasoline: Up, Economy: Down
A friend and financial analyst was over last night for some socializing. On his way out the door he quipped, “better trade in that car soon; $4 gasoline is a month away”.
My dislike of staring at tail lights has almost led me to study the bus schedule, this could be the last straw. 34 to the 65 (or the 2): bus routes.
And Ben Bernanke – new chairman of the Federal Reserve – said the Economy is worse than previously stated. Surprise, surprise. Perhaps he and the Bush administration have successfully extracted their long necks from the sand.
I always love how they try to explain away high gas prices by stating that if you adjust the price of gas for inflation, gas isn’t that expensive. Problem is, of course, that gas is a major component of inflation.
Comment by MoeBush | February 28, 2008