I would like to start off by stressing the fact that I am NOT an economist. I am a “working Joe” that gets up and goes to work every day – as I have for thirty-five years – in order to pay my bills and feed my family. I do not profess to be an expert. However, I do know what my wallet is telling me – and it isn’t telling me anything good.
I need not mention what we are seeing at the gas pump these days. The price of a gallon of gasoline has skyrocketed (in my home state of Florida) from just over $1.50 per gallon at the end of the Bush administration to close to $3.50 for that same gallon today.