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Originally Posted by Clodfobble
Well, since I have a decent grasp of inflation, I personally expect to still be alive to see the day that gas is only $10.00/gallon, and likely consider it a fair price at the time. When adjusted for inflation, gas is still cheaper today than it was in the early 1980s.
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I'm no economist, but I just don't remember being outraged and near-bankrupted by fuel prices back then. I wonder if I'm just making that much less money now than I was then...when adjusted for inflation?
In the 80's, filling up my car didn't make me sick to my stomach like it does now. I have to put about $250.00 per month into my two functional cars on average for my normal use requirements...and I *really* go very few places that aren't work except for band practice once a week.
That $250.00 represents about 9% of our take-home pay, and that's just for gas. No other vehicle expenses.
Does anyone else pay that high of a percentage for fuel out of their take home wages?