Yep.

Reality is, planes are packed, and people are paying. Frankly the run up at the pump is noticeable, but not as much as it was in 2007-08. We are used to 3.65 gas. Apple is still selling the I-pad at a record pace, and people are still finding money to spend. Fact is people are buying smaller houses and cars to keep their expendable income. Much like Europeans do!