Thread: Stagflation?
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hytem hytem is offline
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Join Date: Jun 2006
Posts: 1,125
It's all about the "surge" in energy prices. That affects everything that is transported by truck--which is most things these days. We are a petroleum intensive country--by design during the Eisenhower years. They dismantled all the railroad and public transportation system that was electric-powered--replaced by trucks, buses and airplanes.

Funny how this word "surge" is used by the media these days to characterize a lot of things. That may be Bush's biggest accomplishment. LOL. Nice to know the Green Zone in Baghdad is safe for jogging again.
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Old 02-26-2008, 01:55 PM
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