Click to enlarge.
Last week’s stock market turmoil here and in China threw the financial infotainment shows into a tizzy. If only they covered the financial drama unfolding in regular homes across the country with the same level of enthusiasm.
Gas and oil prices are really low right now. In a sane world, this would be a good time to raise the gas tax and plug the long-neglected gaps in infrastructure funding. But things are not sane, and low gas prices are only seen as an opportunity to go back to the SUV excesses of the 90’s.