Right, which is why the election of the messiah Obama has actually driven employment even further down.
Gas prices harm economic recovery by increasing the costs of pretty much everything. Takes a truck to ship it, increase the cost of gas, and you're going to be increasing the costs of those items. This includes food and basic necessities of life.
It also rewards consumers for conserving gas, not driving, making fewer trips. It also acts as a tax on economic activity - people going into work and conducting business. Rather then spending that money elsewhere, they have to cut back to fund their gas bill to get to work.
These are all rational responses to higher gas prices - and these we are all seeing in response to them.
Without concamitant COL raises, it's one of the most recessive taxes out there.
