While waiting to see how far the Europeans can kick their can of financial Armageddon down the road, let's revisit the damage being caused by high oil prices to life here in America.
The Energy Trap is a project of the New America foundation, a non-partisan think tank funded by the Rockefeller Foundation, which recently conducted a survey on just how the American public is holding up under the high cost of energy. The idea of the trap is that an increasing number of Americans are caught between the cost of gasoline and a systemic inability to stop driving their cars. In the last 60 years America has become a "motorized society" in which most of our citizens have become totally dependent on daily travel by car for their existence. Take away our cars and most of us would be hard pressed to reorganize our lives to provide for the essentials of life - earn an income, and provide food, shelter, and education for ourselves and our families.
The current recession has compounded the troubles, forcing many to travel further afield to find employment - often in more than one underpaying job. More