NYT: U.S. 'Prepared' for $3.57 Gas, But Under Bush $2.55 Was 'Recessio

Clay Waters
March 10th, 2011 3:47 PM
Higher gas prices? No worries, say Jad Mouawad and Nick Bunkley in Wednesday’s New York Times off-lead story, “Rising Gas Cost Finds The Nation Better Prepared – Lessons Learned In ‘08 – Less Dependence on Oil – Spike Unlikely to Derail Recovery.” Yet while $3.57 a gallon for gas isn’t worrisome for the economy in 2011, $2.55 a gallon was very much so in 2005, during the Bush years. The…