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Rising Gas Prices Threaten the Economic Recovery
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FBN’s Gerri Willis on the impact of rising gas prices on the economy and consumers.
- Duration 0:56
- Date Feb 23, 2012
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FBN’s Gerri Willis on the impact of rising gas prices on the economy and consumers.
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Just when you thought the economy might be staging a real recovery.
Gas prices spiked to three dollars and 61 cents a gallon hello everybody.
-- -- -- -- And that's not all the price will continue to go up to four dollars a gallon -- Possibly even five before it's over high gas prices threaten this recovery could take its whole line jobs.
A price increase like this cash gains through the economy.
Boosting transportation prices for everything it costs more to stop the grocery store more to get the groceries home.
More for companies to deliver what they make more to make it.
Half of American households living paycheck to paycheck this -- -- family budgets to the breaking point.
And yet our president still talking about the power Green energy wind turbines electric cars and -- That's not gonna fix the fix we're in today dreams are nice Mr.
President the deal with our reality that's my.