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Originally Posted by redneck
You got to be joking, I hope...  |
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A 50% increase in the price of oil will most likely lead to a 15% increase in cost of consumer goods across the board.
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Funny, 'cause it never has before. We've had how many big spikes in the last few decades? (Seems like one every couple of years.) The price of goods (other than a few things like airline tickets & FedEx shipping) doesn't go up, and the economy doesn't collapse, despite the doomsayers, except when a series of really stupid economic moves has it teetering on the brink already, waiting for the least little nudge to send it over.