Just so I have this correct. Our economy, the one not in recession...

[Safetykitten]

gets lambasted if gas goes to four bucks a gallon. What I would like to know, as a simple-minded person, not an economic expert, is why this was not really brought up by our crack team of economic advisors. I mean if we are that 1970's repeatable, Ground-hog Day susceptable, why would this not be a huge concern when we were bailing out banks? Or wealthy people tax breaks?

So five buck gas and six buck gas, do they have any plans, our fantastic economic Geithnerite types?

[toddwv]

1. Yes, we can just fall back on our excellent public transportation system.

Oh wait...

[frylock]

2. we'll be getting trickled down upon before 5 and 6 dollar gas..

the jack will just roll right in from those upper-crust tax breaks. you just watch. any day now.....

[applegrove]

3. I think they use the price of oil going up in their stress tests on banks. For sure it could

cause a double dip recession for people if prices rise. I mean people who are not currently in forclosure could face it if the price of gas goes up enough.

[notesdev]

4. About that crack team of economic advisers

If you look into their backgrounds, you will get the answers you seek.

[jannyk]

5. You were badly misinformed...

It is not 'Our Crack Team of Economic Advisors'

The correct terminology is 'Our Team of Economic Advisors are ON Crack!'


silly wabbit.