Our McClatchy Washington bureau has some interesting reporting today jogging President Bush’s memory about his oil price options.
It’s difficult for a layman to know what – or who – to believe in an era where you hear drivers muttering political profanities to themselves at the gas pumps.
But really, does it matter? The reality of the situation is that disposable incomes are being eroded by gasoline prices and it’s a matter of time, especially with the President feeling powerless, before the impact will show up in shuttered retailers.
And that’s good for no one.