To: Free Vulcan
From your follow up:
Economists say that higher prices at the pump dampen growth because consumers have less discretionary income to spend, but also can boost inflation. It is still unclear which of these two factors will dominate.Dampened growth and inflation are NOT mutually exclusive. Think Stagflation.
Jimmy Carter redux.
6 posted on
04/27/2011 10:37:32 AM PDT by
demsux
(Obama: THE job destroyer)
To: demsux
Yup, you got it. We’re going to get crushed between both.
8 posted on
04/27/2011 10:59:39 AM PDT by
Free Vulcan
(Vote Republican! You can vote Democrat when you're dead.)
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