Merrill Lynch economist David Rosenberg … writes: “In order to get from point A to point B without spending $75 filling up the tank, households now seem bent on cocooning by staying at home to watch television rather than drive to the local theater and shell out more than $11 to watch a film (and an extra $5 on gas to get there). Travel plans have sunk to their lowest in 30 years, so what else is there to do but stay home and watch TV?” –Sudeep Reddy
Uh, read a book? Edit and post your photos on the web? Go sailing? Learn something new?
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