I blamed high taxes, mortage company, the federal reserve, and some consumers.
Lets face it; it dont take a rocket scienciest to figure out when you people spend so much money so rapidly eventually they'll run out of things to spend. More money you spend more that increase the demand for a products thus increasin price and thus increasing other craps! If the Consumer salary doesnt go up and th GDP goes up then everybody buying power goes down.
Meanwhile some companies have adjusted living salary meaning if the GDP went up 3% the salary of employees goes up 3%.
Of course the otherside of the field the employers dont give a rat @$$ about basic economic and is keeping the money to themselves.
Moral of my post you ask? recession comes and go big bass are hardest to get hold of.
Recession helps some people, but hurt others. That the major downfall of our market and our way of life..people will get left behind and goverement will get involved then we all go down.
I think WE as a consumer is responsible for the high prices. the goverments and oil company just took advantage of us because they are "opportunist"