Here's Obama's new strategy for helping our economy to flounder. Higher oil prices threaten to derail the fragile economic recovery among developed nations this year, the leading energy watchdog has warned.
If Bush were still in office the media would be screaming about this, but because it's the great black dope he gets another pass.
Rising fuel costs means increased cost for just about everything you can think of and certainly will kill any chance of new job creation. 2011 promises to be a very dismal year that may well end with the dollar devalued and unemployment well above 10%.