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your linked article says at the end: "But it would also be silly to suggest the economy didn't play a role. Gas prices began their dizzying rise early in the d
by gregpilling 11y ago
your linked article says at the end:
"But it would also be silly to suggest the economy didn't play a role. Gas prices began their dizzying rise early in the decade, which discouraged driving. Real estate cooled off in 2006, which discouraged spending on expensive items like cars. It's not as if everything was peachy until the day Lehman imploded.
That's why it's very hard to look at these charts and discern anything about the future. The degree to which Americans have taken their foot off the gas pedal in just a few years is pretty remarkable. "