Yeah I was paying $500 a month for gas back then. The price went down.
When we stop at our favorite ice cream shop, I give them a 20 but hardly get any change back. But they hav3 any flavor you want but I prefer chocolate and vanilla.
I just listened to a lecture on Jefferson and Tripoli and dealing with the pirates. Same bunch, similar actions taken. Pay me now or let your grand kids pay later. Get some spine and let’s get the job done. Just remember tha some in congress think ww 2 was ww eleven.
Yeah she was just reading what was given to her but there is much much more. Not sure she should be lecturing on US history though.
Not the first. Stanton Evens was speaking in 2005 and referred to a tv reporter doing the same thing when reporting on the D Day anniversary. That was long before the learing center opened.
She was complying about the policies of FDR though and provided no context on why he did it. Of course many German, Japanese, and native citizens were patriots during that time and contributed to the war effort but he felt California could be attacked and the east coast was also under threat. Of course looking back we have a whole different perspective. Whatever. Haters gonna haute.
I’m sure that was the French Revolution or maybe the Industrial Revolution. Easy to get mixed up. Every time I go to Ohio and see the license plates with first in flight, I say to myself, naw, that was a few states away. But they had the bike shop in Ohio anyway. What else would they say, they’ve got no lakes or great faces?
Here’s an interesting historical fact:
There were just as many airports during the French Revolution and the Industrial Revolution as there were during the American Revolution.
(Hint: when you close your eyes, what do you see?)
A suspension of the federal fuel tax might calm the hysteria for a while. Today’s fuel prices are normal, fuel prices were below normal a few months ago.
In 2008 I paid $4.50/gallon for gasoline in my area. My truck consumed $300.00 in fuel during one camping trip.
Since then, the public has had 18 years to buy more fuel-efficient vehicles. In 2022-2023 gasoline was $4.50/gallon once again, I noticed many of my co-workers were driving 15 mpg trucks and SUVs. Whose fault is that?
Look on the bright side; the “Geen New Deal” would have given us $5 to $6 gasoline prices.
I dunno, the chart stops in 2021 so missing some important information. Plus using average national pricing and also adjusted for inflation sort of hides the issue a little. So fir example if we experienced a 9% inflation rate (whatever based on the shopping cart), that is supposed to reflect that the prices were not so bad because everyone got a 9% income adjustment.
I’m not saying it isn’t an interesting chart, but in 75 or so when the price jumped to 50 cents, my income did not adjust and I covered the loss. Same thing when it hit $4. So just consider the limitations of average and inflation adjusted.
I’ll just add that we are in a national battle for the long term betterment of world peace. China, Russia, Iran, etc. all need to be dealt with and there will be some pain for us in the process. My folks talked about what they went through during the war and depression, with rationing, but everyone pulling together. Dad needed to get
Special permission from the army to buy a tire. Not to mention gas and food rationing and several jobs. We have it so much better than the last generation.
I thought it started at 2015. Old eyes. You can still read both charts together to see how high today’s gas prices are compared to more than 40 years of recent history.
The problem still is adjusted for inflation. The impact will be different for everyone.
Looking at my check register for other purposes, my property tax has gone up 50% and roofing costs have gone up 70% in the past 15 years. Regardless of income, I still have to pay it. Understandable though if insurance costs would have to keep pace.
Just saying that inflation adjustment is kind of like funny money.
I couldn’t figure out why a chart started at 2015 and ended at 5/15. Didn’t make sense to me either.
First chart seems inaccurate. Around 2000 we were paying $1.75/gallon, that would be nearly $3.40 today.
Gasoline has changed in formula and cost of refining over the years (removal of sulfur and no lead), a fair comparison would be during just the last 20 years.
What I meant was the calculated inflation includes and excludes items that may affect everyone differently. Without looking up whst is actually included in the calculation now. In addition, some folks will have income adjusted for that inflation factor and others won’t
So the impact on an individual will be different.