Many experts are crowing that we are out of the woods and we will not have a double-dip recession. Let us hope they are right. I hate it when experts sound confident.
IMHO, should gasoline rise to and remain at or above $4 per gallon for more than a just few consecutive months in 2011 or 2012, the economy could again become coyote ugly. Some folks have not paid off the credit card bills they ran up when gasoline last cost $4 and over. If gasoline stays below $3.50, we may be okay.