Gas prices

[Spexxvet]

Originally Posted by tw

$3.17 in 2007 money is abuot $0.65 in 1972 money - which was the prices of a gallon of gas in 1972. So gasoline prices have only gone back up to early 1970s prices when gasoline was still cheap. No wonder SUV sales are not hurt. Anyone hurt by a gallon of gas at this price needs to review their excessive life style.

How does that compare to the rise in income?

[HungLikeJesus]

Originally Posted by Spexxvet

How does that compare to the rise in income?

I think that that is going to depend on your perspective. The rich got richer and the poor got richer, but not at the same rate.