<p>Ok, Uncle! I admit it, the price of gas is reeking havoc on our household budget—and we don’t even drive one of those gas guzzling SUVs. Mine is a ten year old economy import. It cost almost 25 dollars to fill my ten gallon tank yesterday, and what’s alarming is that things are bound to get much worst before they get better (if they ever do get better). This time last year, a full tank cost about 15 dollars. </p>
<p>I know we are by no means alone in our dilemma. I guess I just want to commiserate with fellow CCers. What are you doing to minimize the economic strain brought on by ever increasing gas prices? I was watching a news segment a couple of days ago that showed a California man trading in his Hummer for a Saturn. It immediately brought to memory the 70’s, when people were unloading their American built land-yachts at fire sale prices for tiny Japanese imports (Most of us old geezers will remember that Jimmy Carter was in office at that time). I’d personally be hard pressed to find a smaller car. I certainly cannot afford one of the new hybrids. So I’ll be spending a lot more time at or very close to home—no more casual runs to the store for grocery items, etc. </p>
<p>But the price of energy impacts every imaginable segment of the economy. Sooner rather than later, the price of all goods and services will reflect the precipitous rise in the cost of doing business. Inflation, rising interest rates, unemployment, the collapse of the housing market… Continued acts of terrorism…Dominos anyone? It doesn’t take a crystal ball to predict that by the time “W” completes his tedious last term in office, The Democrats will be ripe to take over both the White House and both houses of Congress (what is politics, if not cyclical? After all, who took over after Carter?). All they have to do is scapegoat The Republicans and promise to “fix things”. Voters, in sheer desperation, will grab onto hope (however feable) and “throw the greedy bums out of office”. But by then, how bad will it be?</p>