Ask a Walmart Worker about the "real price" of gas...
And the number of middle class folks willing to spend big bucks for road trips will be a drag on tourism soon...
Check TOURISM SPENDING and LOW END RETAIL in the next few weeks.
Someone should do an "index" for economic activity IN THE LOWER HALF of the income distribution...it might be very enlightening in the coming months.
The "rich" have been carrying the US economy for too long. And that should be ending soon with higher rates and an end to the "home equity" ATM Machine.
