Echo To All

Gas Is Actually a Bargain at $3.56

WHAT? you correlated rise in gas price over the years to rise in incomes since the 1980s. Lets do a quick back of the envelope...

regular gas when i was in high school (mid/late 90s) was about $1 and change. Now it is about mid/high 3. ($4 in the NYC area). So that is about a 250-300% rise in price.

How much did incomes rise since the 1980s? (I can almost say with certainty incomes did not rise 300% since.)

How in the world is this a bargain, with such a growth disparity?

also, i hate seeing the other country comparison... on a total $ basis, the US consumer spends far more on gas. Period. (basic economy of scale apply... use more, pay less per unit.)

So YES things are already 'worse' out there!