[lbo-talk] Poltical effect of Hurricane Rita

Mark Bennett mab at straussandasher.com
Thu Sep 22 11:00:14 PDT 2005


Doug Henwood

Victor wrote:


>What about the economic effect? How high can the cost of petrol go
>before things really begin to fall apart?

Depends on what you mean by "fall apart," but I think $3 is pretty close to the breaking point.

Doug ___________________________________

Really? Here in California gas had been over $3.00 p/g steadily for nearly a month, and last week it just fell back below that benchmark. We're that close to the "breaking point"?



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