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Author Topic: So for every 10 cents in gas price increases, $9 billion less is spent on other goods. [Locked]
-Mithan-  4 stars
Title: VNBoard Admin
Posts: 1,287
Registered: 2000-3-1 11:53:15
Ignore BT's bulls*** and go educate yourselves.

http://www.measuringworth.com/uscompare/


Yes, gas was cheap in those years. Average US wage was about $1300 a year as well and people worked about 15 hours more a week than they do now. They also spent about 35% of their income on food as opposed to be about 5-7% today.

The number of people who owned cars was also a lot less and oil was a lot cheaper to produce back then.


Get a clue.

 

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I survived to the end and got nothing out of it, but hey.
Reapist  4 stars
Title: Official ACF HIOFI Poster
Posts: 4,367
Registered: 2001-12-20 03:56:16
I've been ignoring him for yeas Mith. The only reason he does it here is because if he does it to the faces of people he knows he will get laughed at.

 

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pkhere: Jebus sometimes you make my arse tired.
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