[rintense]

The effects of $7 gas will be staggering. The loses to the travel industry alone would send the economy into a depression.

[Harrius Magnus]

“The loses to the travel industry alone would send the economy into a depression.”

You know the old saying about getting the government we deserve. In large part, the same is true of our economy. We scream at the government, do nothing else about it, and then pay $22 per month on our $30k credit card debt.

I’m not pointing finger, and I know many Freepers are the opposite of this, but the “old days” of thrift being a virtue are long gone in this country, and who didn’t really think in the back of their mind that the current standard of living was unsustainable?

I actually worry less about people having to tighten their belts than I do about the complacency spilling over despite some dire economical circumstances, and people fail to get off their fat asses, read some basic economics (since it apparently is no longer taught in Public Screw), and vote to prevent a Rat New New Deal.

[RSmithOpt]

re #43....and your statement is the bottom line....the goons on The Hill seem not to care about this at all as they continue to do nothing to open up drilling. Also, speculation and manipulation of the commodity is driving the price to where it is.....travel this summer will be the lowest comparatively speaking since WWII.

Personally, I prefer to eat and stay cool than ride around shopping and visiting and site-seeing.Smart people are holding on to their pennnies, cause we will need them.

National average per gallon at the pump will surely be $4.25/gal by Memorial Day weekend.....I have been calling this since last Sept.