May
22nd
ECONOMY: Don’t put those wallets away
The economy is slowly improving day by day. On the flip side, one piece of the economic puzzle which has not been solved is the pump price. Although they have had their good streaks, gas prices continue to rise and it is making America nervous.
Economists are afraid that if pump prices rise above $5 per gallon, consumers will begin to cut back on spending again, in turn putting the economy back where it was.
The only reason the economy has been growing is because Americans have begun to feel comfortable enough to spend more money. More spending means more …