Long-term costs as in good-paying union jobs lost because we all decided to buy our groceries at Super Walmart and Target Greatland?
Our grocery costs are definitely down; now maybe that’s partly due to our aggressive couponing, but there’s also been stories of grocery stores slashing prices on some items by 20 percent to 30 percent.
What about gas? A month ago or so I heard a report on the radio (KNX or KFI) that big oil had too much fuel on its hands and was paying to store it rather than flood the market. Eventually the companies would stop storing it and gas might hit around $2 again. I’m waiting.