ECONOMIC ANALYSIS: High energy prices make consumers act rationally

Have you seen the latest opinion polls on the Bush administration? At a time when the U.S. economy is growing faster than that of any other industrialized nation, when unemployment rates are down and consumer spending is up, less than half of us think the president is doing a good job handling the economy. There's plenty to find fault in our economic performance, of course. We still have a massive trade imbalance with the rest of the world. The federal...

 

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