Insanity At The Gas Pumps!
Physicist Albert Einstein described “Insanity” as doing the same thing over and over again and expecting different results.
I have blogged about this many times. No one is getting it. The US economy cannot and will not “re-bound” or “recover” until gasoline prices stabilize. And I mean at around $3 a gallon.
Haven’t you noticed that EVERY TIME the economic outlook gets brighter, the housing market shows signs of life again, polls show consumers are ‘feeling better’ and-or the stock market heads in a positive direction… haven’t you noticed that whenever anything ‘good’ happens, gasoline prices shoot back up to $4 a gallon-land and that sends every wallet and purse snapping shut?
Surely the politicians must know this. Are we being deliberately manipulated by the ‘powers-that-be’? I will state once again – there will be NO recovery until gas goes down to and stays at $3 a gallon or less. All the hybrid cars in the world don’t matter because the majority of Americans cannot afford to buy one. And even if they do, they still need to buy gas. The ‘combined’ gas+electric mileage is in many cases no better than one gets with a traditional gas-powered vehicle.