Tuesday, April 20

BEMOANING THE PRICE OF GAS
(Tuesday) On the Covnet list we were grousing about the cost of gasoline around the country. Then Keith Olson chimed in with a reality check -- "Adjusted for inflation 1981 gas prices were $2.80 per gallon. In the 1950s the price of gas averaged $1.80 in today's dollars, while the average income was half what it is today." Party pooper.

No comments: