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Soon enough we will find that some people who have jobs simply cannot afford to drive to them anymore.
As the price of gas goes up, part time minimum wage employees will be finding it a literal losing proposition to drive to work for a four hour shift. At first it will only be a few, but as the cost of a gallon goes it, soon enough, it will affect more and more.
I heard today that some financial analysts now see $140 barrels by summer.
It was only a wry joke a year ago ....... but we may very well be seeing the end of the US as anything better than a thirds world debtor nation.
The ones who will survive will be the ones who do such things as bake bread in a backyard oven and sell it on the streets.
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