peak oil, deprivation and inequity
July 20th, 2006
Today the New York Times reports on weekly consumer reports conducted by University of Michigan. According to director Richard T. Curtin, many people are suffering from pricey oil–and are changing their spending because of it: just not the rich.
“Cutbacks in spending have been concentrated among households with less than $50,000 in annual income, according to [...]
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Sonia Shah 