The economy is going to take a big hit. president Bush better put pressure on Opec. Rising gas prices have not hurt that much yet, but now the prices have reached the point where they will start hurting average Americans, and we will have inflation. Two things that made the 70's absolutely miserable in economic terms. My husband works for GM-there are union, global trade problems, but Ford is firing-not laying off-firing management now. The car industry is the first to feel the effects of this and the last to recover.
Remember the stupid gas lines in the 70's?