Quote:
the economy has so far totally shrugged off the problem of higher fuel prices
|
so far it's been a little more of the discretionary income at the pump, the trash man tacked on $5 fuel surcharge, donuts went up a quarter, really not earthshaking unless your living an income that is marginal to begin with.
But the chance of oil, or any energy product, going down is somewhere between slim and none. How can this possibly not drive the cost of everything, the cost of living, up pretty rapidly.
Even if everything is made in China, they are paying more for energy too. Then the cost of shipping has to go up, so how can the cost of living not go up substantially?