There are a lot of people out there struggling to pay their mortgages.
High gas prices lead to higher prices for goods, such as food, and services.
No matter what, inflation hurts the economy even though the government pretends it doesn’t and pretends that food and services don’t fit into inflation.
Santorum is right here in a roundabout way. We are in deep doo doo again because of high gas prices. Food prices are rising fast.
If you are a person living on a fixed type income, you are feeling a lot of pain.
Inflation? WHAT inflation?
We don't buy food; we use the grass cuttings, and bark peeled off trees, to make soup.
As for gasoline prices being inflationary, that is ludicrous: we never buy gasoline; it's FREE! We just buy a new car every month, when the old one runs out...the way the Fed intended.
/sarc