[American Constitutionalist]

" The only thing that Rick got wrong is that Gas prices caused the housing bubble to collapse. "

No, the gas prices didn't cause the housing bubble to burst all by it's self, but, it had a major impact in it though.
When people break under the burden of more taxes, higher food prices to feed their families, some people have to rob Peter to pay Paul just to survive and feed their families...
What was the average for people when Gas was over $ 4.00 to fill up their gas tanks ? for even a small car ? now multiply that by 4 weeks... that's a huge chunk of people's monthly income...

[mylife]

When people break under the burden of more taxes, higher food prices to feed their families, some people have to rob Peter to pay Paul just to survive and feed their families...

I call it the "Chef Boyardee Index" and its sky high.