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Re: Gas prices and you
Quote:
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Originally Posted by sciguy125
Back to my point about gas:
http://inflationdata.com/Inflation/I..._Inflation.asp
The price of gasoline in the US has been about the same since 1986 when taking inflation into account. The only reason people complain about gas as opposed to the rising bread prices is because gas fluctuates more. Gas stays at a reasonable average, but it has temporary highs and lows. Didn't you notice that people start complaining every few months, then a little while after, the prices start to fall again and people stop complaining? Most other things are still affected by inflation and increase in price, but they are more of a stable increase.
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On a somewhat related note, I was reading a report the other day in which the growth of gas prices and household incomes were compared. The thing that surprised me a bit was the fact that both prices and incomes were growing at a very similar rate.
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