It doesn't matter how well the stock market does or how low unemployment goes. Most people judge the state of the economy by their own personal household budget which is being hit hard by rising gas prices.
Very true.
""It doesn't matter how well the stock market does or how low unemployment goes. Most people judge the state of the economy by their own personal household budget which is being hit hard by rising gas prices.""
yuore right but the irony is that it is a stong global economy that is causing gas prices to rise....after 911 about Dec 2001, consumer confidence soared, why because gas prices fell from about $1.50 on 9102001 to about $1.00 by Dec 2001. The fact that gas prices were falling becasue over 1m people lost their jobs or that 25% of the nations airlien fleet was grounded didnt matter or occur to them.